|  Exhibit                  99.1                                                      |
|------------------------------------------------------------------------------------------|
| **The                  Wilber Corporation Announces**                                    |
| **Third                  Quarter 2006 Earnings and Quarterly                  Dividend** |

**FOR      IMMEDIATE RELEASE**

|       |                                                 |
|------------|------------------------------------------------------|
| **DATE:**  | October                27, 2006                      |
| **FROM:**  | Douglas                C. Gulotty, President and CEO |
| **PHONE:** | 607-433-4172                                         |

**Oneonta,      New York -**

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|   | *NOTE:                This release may contain certain statements which are historical                facts or                which concern the Company’s future operations or economic performance and                which are to be considered forward-looking statements. Any such                forward-looking statements are made pursuant to the safe harbor provisions                of the Private Securities Litigation Reform Act of 1995. The Company                cautions that all forward-looking statements involve risk and                uncertainties, and that actual results may differ from those indicated                in                the forward-looking statements as a result of various factors, such                as                changing economic and competitive conditions and other risk and                uncertainties. In addition, any statements in this release regarding                historical stock price performance are not indicative of or guarantees                of                future price performance.* |   |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

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| **THE                WILBER CORPORATION**                                      |   |                                        |    |                                        |   |     |   |        |    |
|--------------------------------------------------------------------------------|--------|---------------------------------------------|---------|---------------------------------------------|--------|----------|--------|-------------|---------|
| **CONSOLIDATED                FINANCIAL INFORMATION**                          |   |                                        |    |                                        |   |     |   |        |    |
| *($                In thousands, except per share amounts)*                    |   |                                        |    |                                        |   |     |   |        |    |
| *Unaudited*                                                                    |   | *As                of and for the three*    |    | *As                of and for the nine*     |   |
|                                                                           |   | *months                ended September 30,* |    | *months                ended September 30,* |   |
| **Condensed                Income Statement**                                  |   | **2006**                                    |    | **2005**(3)                                 |   | **2006** |   | **2005**(3) |    |
| Net                interest income                                             |   | $                                           | 6,243   |                                        | $      | 6,415    |   | $           | 18,751  |   | $ | 19,107 |   |
| Provision                for loan losses                                       |   |                                        | 420     |                                        |   | 300      |   |        | 1,260   |   |   | 780 |   |
| Net                interest income after provision for loan losses             |   |                                        | 5,823   |                                        |   | 6,115    |   |        | 17,491  |   |   | 18,327 |   |
| Noninterest                income                                              |   |                                        | 1,375   |                                        |   | 1,403    |   |        | 4,376   |   |   | 4,337 |   |
| Noninterest                expense                                             |   |                                        | 5,069   |                                        |   | 4,836    |   |        | 15,414  |   |   | 14,303 |   |
| Income                before taxes                                             |   |                                        | 2,129   |                                        |   | 2,682    |   |        | 6,453   |   |   | 8,361 |   |
| Income                taxes                                                    |   |                                        | 485     |                                        |   | 700      |   |        | 1,502   |   |   | 2,210 |   |
| Net                income                                                      |   | $                                           | 1,644   |                                        | $      | 1,982    |   | $           | 4,951   |   | $ | 6,151 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| **Share                and Per Share Data**                                    |
| Average                common shares outstanding (in thousands)                |   |                                        | 10,579  |                                        |   | 11,163   |   |        | 10,895  |   |   | 11,173 |   |
| Period-end                common shares outstanding (in thousands)             |   |                                        | 10,569  |                                        |   | 11,163   |   |        | 10,569  |   |   | 11,163 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| Net                income per share                                            |   | $                                           | 0.15    |                                        | $      | 0.18     |   | $           | 0.45    |   | $ | 0.55 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| Cash                dividends declared                                         |   | $                                           | 0.095   |                                        | $      | 0.095    |   | $           | 0.285   |   | $ | 0.285 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| Book                value per common share                                     |   | $                                           | 5.96    |                                        | $      | 6.11     |   | $           | 5.96    |   | $ | 6.11 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| **Period-end                Balances**                                         |
| Total                Assets                                                    |   | $                                           | 758,762 |                                        | $      | 756,873  |   | $           | 758,762 |   | $ | 756,873 |   |
| Earning                Assets                                                  |   |                                        | 713,041 |                                        |   | 709,511  |   |        | 713,041 |   |   | 709,511 |   |
| Loans,                gross                                                    |   |                                        | 404,465 |                                        |   | 398,387  |   |        | 404,465 |   |   | 398,387 |   |
| Allowance                for loan losses                                       |   |                                        | 6,524   |                                        |   | 6,597    |   |        | 6,524   |   |   | 6,597 |   |
| Deposits                                                                       |   |                                        | 617,354 |                                        |   | 595,087  |   |        | 617,354 |   |   | 595,087 |   |
| Shareholders’                equity                                      |   |                                        | 63,025  |                                        |   | 68,259   |   |        | 63,025  |   |   | 68,259 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| **Average                Balances**                                            |
| Total                Assets                                                    |   | $                                           | 746,037 |                                        | $      | 756,835  |   | $           | 747,879 |   | $ | 757,114 |   |
| Earning                Assets                                                  |   |                                        | 704,850 |                                        |   | 714,297  |   |        | 706,220 |   |   | 715,341 |   |
| Loans,                gross                                                    |   |                                        | 405,904 |                                        |   | 398,129  |   |        | 402,307 |   |   | 398,351 |   |
| Allowance                for loan losses                                       |   |                                        | 6,368   |                                        |   | 6,453    |   |        | 6,301   |   |   | 6,376 |   |
| Deposits                                                                       |   |                                        | 616,993 |                                        |   | 602,746  |   |        | 611,529 |   |   | 599,009 |   |
| Shareholders’                equity                                      |   |                                        | 60,511  |                                        |   | 68,148   |   |        | 64,220  |   |   | 68,119 |   |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| **Key                Ratios**                                                  |
| Earnings:                                                                      |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| Return                on average assets                                        |   |                                        | 0.87    | %                                           |   | 1.04     | %      |        | 0.89    | % |   | 1.09 | % |
| Return                on average equity                                        |   |                                        | 10.78   | %                                           |   | 11.54    | %      |        | 10.31   | % |   | 12.07 | % |
| Net                interest margin (tax-equivalent)                            |   |                                        | 3.83    | %                                           |   | 3.85     | %      |        | 3.82    | % |   | 3.84 | % |
| Efficiency                ratio (1)                                            |   |                                        | 62.34   | %                                           |   | 58.09    | %      |        | 63.05   | % |   | 57.75 | % |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |
| **Asset                Quality**                                               |
| Net                loan charge-offs to average loans, annualized               |   |                                        | 0.13    | %                                           |   | 0.07     | %      |        | 0.46    | % |   | 0.15 | % |
| Allowance                for loan losses to period-end loans                   |   |                                        | 1.61    | %                                           |   | 1.66     | %      |        | 1.61    | % |   | 1.66 | % |
| Allowance                for loan losses to non-performing loans (2)           |   |                                        | 308     | %                                           |   | 146      | %      |        | 308     | % |   | 146 | % |
| Non-performing                loans to period-end loans                        |   |                                        | 0.52    | %                                           |   | 1.14     | %      |        | 0.52    | % |   | 1.14 | % |
| Non-performing                assets to period-end loans and other real estate |   |                                        | 0.53    | %                                           |   | 1.16     | %      |        | 0.53    | % |   | 1.16 | % |
|                                                                           |   |                                        |    |                                        |   |     |   |        |    |   |   |   |   |

| **Common                Stock Data**                                                                     |   |     |                               |                            |
|----------------------------------------------------------------------------------------------------------|--------|----------|------------------------------------|---------------------------------|
| The                  Company’s common stock ($0.01 par value per share) trades                  on |   | **2006** |                               | **High                  Trade** |   | **Low                  Trade** |   | **Dividend** |   |   |
| the                  American Stock Exchange (Amex®)                  under the symbol GIW.         |   |     | 3rd                  Quarter       |                            | $ | 10.50 |   | $ | 9.85 |   | $ | 0.095 |   |   |
|                                                                                                     |   |     | 2nd                  Quarter  |                            | $ | 11.35 |   | $ | 10.20 |   | $ | 0.095 |   |   |
|                                                                                                     |   |     | 1st                  Quarter  |                            | $ | 10.85 |   | $ | 9.90 |   | $ | 0.095 |   |   |

|   |   | **2005** |                         | **High                  Trade** |   | **Low                  Trade** |   | **Dividend** |   |   |
|--------|--------|----------|------------------------------|---------------------------------|--------|--------------------------------|--------|--------------|--------|--------|
|   |   |     | 4th                  Quarter |                            | $      | 12.00                          |   | $            | 10.84  |   | $ | 0.095 |   |   |
|   |   |     | 3rd                  Quarter |                            | $      | 12.27                          |   | $            | 11.80  |   | $ | 0.095 |   |   |
|   |   |     | 2nd                  Quarter |                            | $      | 12.45                          |   | $            | 12.00  |   | $ | 0.095 |   |   |
|   |   |     | 1st                  Quarter |                            | $      | 12.90                          |   | $            | 11.94  |   | $ | 0.095 |   |   |

*(1)*
*Calculated      by dividing total noninterest expense less amortization of intangibles and      other      real estate expense by tax-equivalent net interest income plus noninterest      income other than securities gains and losses.*

*(2)*
*Non-performing      loans include nonaccrual loans, troubled debt restructured loans and accruing      loans 90 days or more delinquent.*

*(3)*
*Certain      figures have been reclassified to conform with current period presentation.      *