DELHI BANK CORP. ANNOUNCES QUARTERLY CASH DIVIDEND

DELHI, N.Y., March 13, 2024 – Delhi Bank Corp. (OTC Markets Group: DWNX),

The Delhi Bank Corp. Board of Directors declared a first quarter 2024 cash dividend of $0.0958 per share at a meeting held on March 13, 2024. This quarterly cash dividend remains consistent with the $0.0958 per share declared for the quarter ending December 2023. The dividend will be paid on or about April 15, 2024 to shareholders of record as of the close of business on March 31, 2024.

Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of December 31, 2023, Delhi Bank Corp. had assets of $371.6 million and Stockholders’ equity of $28.3 million.

CONTACT:    Delhi Bank Corp.

              Peter Gioffe, President/CEO

                      (855) 333-3544

Visit dnbd.bank.

The Delaware National Bank of Delhi: “We Offer Services that Work.”

Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.