DELHI BANK CORP. ANNOUNCES 3.00% INCREASE IN QUARTERLY CASH DIVIDEND

DELHI, N.Y., June 13, 2018 – Delhi Bank Corp. (OTC Markets Group: DWNX),

The Delhi Bank Corp. Board of Directors declared a second quarter 2018 cash dividend
of $0.1698 per share at a meeting held on June 13, 2018. This quarterly cash dividend
represents a 3.00% increase over the $0.1648 per share declared for the quarter ending
March 2018. The dividend will be paid on or about July 13, 2018 to shareholders of
record as of the close of business on June 29, 2018.

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