FOR IMMEDIATE RELEASE
DELHI BANK CORP.
ANNOUNCES 2.8% INCREASE IN QUARTERLY CASH DIVIDEND
DELHI, N.Y., March. 20, 2008 - Delhi Bank Corp. (PINKSHEETS: DWNX.PK),
The Delhi Bank Corp. Board of Directors declared a first quarter 2008 cash dividend of $0.185 per share at a meeting held on March 11, 2008. This quarterly cash dividend represents a 2.8% increase over the $0.18 per share declared for the quarter ending December 2007. The dividend will be paid on or about April 11, 2008 to shareholders of record as of the close of business on March 31, 2008.
Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of December 31, 2007, Delhi Bank Corp. had assets of $152.4 million and Stockholders' equity of $16.9 million.
CONTACT: Delhi Bank Corp.
Robert W. Armstrong, President/CEO (607) 746-0730