Exhibit
                99.1The
                Wilber Corporation AnnouncesFourth
                Quarter 2007 Earnings







FOR
      IMMEDIATE RELEASE




DATE:
              February
                  1, 2008FROM:
              Douglas
                  C. Gulotty, President and CEOPHONE:
              607-433-4172
 Oneonta,
      New York,
      February 1, 2008–
      The Wilber Corporation (“Company”), parent company of Wilber National Bank
      (“Bank”) and Provantage Funding Corporation (“Provantage”), today reported net
      income of $1.360 million and earnings per share of $0.13 for the three-month
      period ended December 31, 2007.  By comparison, the Company's net
      income and earnings per share for the three-month period ended December 31,
      2006
      were $2.201 million and $0.21, respectively.  This represents a 38.2%
      decrease in net income and a 38.1% decrease in earnings per
      share.  The Company's return on average assets and return on average
      equity for the fourth quarter of 2007 were 0.68% and 7.96%, respectively, as
      compared to 1.14% and 13.92%, respectively, for the same period in
      2006.  Average total assets of the Company equaled $798.492 million
      for the fourth quarter of 2007 as compared to $764.211 million for the fourth
      quarter of 2006, a $34.281 million or 4.5% increase.  Operating
      results were down due principally to a decrease in non-interest income and
      an
      increase in non-interest expenses.





For
      the three-month period ended
      December 31, 2007, total interest income increased by $477 thousand compared
      to
      the same period in 2006.  Total interest expense for the fourth
      quarter of 2007 increased by $543 thousand over the comparable period in 2006,
      primarily reflecting customer migration from lower to higher cost deposit
      products.  As a result, fourth quarter net interest income decreased
      by $66 thousand or 1.1% between 2007 and 2006.  Non-interest income
      for the three-month period ended December 31, 2007 was $1.365 million as
      compared to $1.593 million for the same period in 2006.  The $228
      thousand or 14.3% decrease in non-interest income between periods was
      principally caused by a decrease in trust fees and investment security gains
      between comparable three-month periods.  Additionally, 2007 fourth
      quarter non-interest expense increased by $952 thousand over the prior year
      due
      primarily to additional salaries and benefits expense and increased advertising
      and marketing expenses in 2007.





Operating
      results improved for the year
      ended December 31, 2007 as compared to the year ended December 31,
      2006.  The Company earned $7.707 million or $0.73 per share in 2007 as
      compared to $7.152 million or $0.66 per share in 2006.  This
      represents a $555 thousand or 7.8% increase in net income and a $0.07 per share
      or 10.6% increase in earnings per share.As reported in the
      second quarter earnings and dividend release dated July 27, 2007, the operating
      results for the year ended December 31, 2007 as compared to the year ended
      December 31, 2006 were positively impacted by the following three distinct
      events: (i) gain on life insurance due to the death of a senior executive,
      (ii)
      flood-recovery grant income recognized in 2007 compared to flood expenses in
      2006 for regional flooding, and (iii) the recognition of a deferred gain on
      sale
      of a branch office building.The combined positive impact
      on net income from these events for the year ended December 31, 2007 compared
      to
      the year ended December 31, 2006 was approximately $1.350
      million.





Net
      interest income was $24.556 million for the year ended December 31, 2007 as
      compared to $24.981 million for the year ended December 31, 2006, a $425
      thousand or 1.7% decrease.  In 2007, interest and dividend income
      increased by $2.689 million over the prior year amount due principally to a
      $21.473 million increase in average loans outstanding.  This
      improvement was generally offset by an increase in interest expense between
      the
      two years due to higher funding costs.  Douglas C. Gulotty, the Company's
      President and CEO, noted,“We remained highly focused on asset / liability
      management and are pleased with the Company’s performance considering the
      continued decline in interest rate spreads set by the
      marketplace.”  The tax equivalent net interest margin for the year
      ended December 31, 2007 was 3.62% as compared to 3.81% for the year ended
      December 31, 2006, a 19 basis point decrease.





The
      allowance for loan losses at December 31, 2007 was $6.977 million as compared
      to
      $6.680 million at December 31, 2006.  For the year ended December 31,
      2007, net charge-offs were $603 thousand as compared to $1.519 million for
      the
      year ended December 31, 2006, a $916 thousand or 60.3% decrease.  This
      decrease in net charge-offs between comparable periods was due primarily to
      the
      charge-off of $981 thousand from a single relationship during the first quarter
      of 2006.





The
      allowance for loan losses represented 1.57% of total loans at December 31,
      2007
      as compared to 1.65% at December 31, 2006.  Mr. Gulotty credits a
      consistently strong credit underwriting approach and a close relationship with
      commercial borrowers to allow most asset quality measures to remain on
      target.





Mr.
      Gulotty added, “Although our
      improvement in earnings for 2007 as compared to 2006 stemmed from three distinct
      events, management has invested significant time to ensure the long term success
      of the Company through our announced expansion in theSyracusemarket.  The
      experienced team
      of lending professionals we acquired places Wilber in solid footing in this
      new
      location.  We have also dedicated much time to ensure that the growth
      of Provantage, our mortgage subsidiary, is positioned to source high quality
      residential mortgages for the Bank’s portfolio.  We’re pleased with
      the results to date and have developed a strong collaboration with our branch
      network.  The Company’s practice is not to originate sub-prime, Alt-A,
      negative amortizing, or other higher risk residential mortgages for its
      portfolio.”





In
      related news, the Company reported
      last week that it declared a $0.095 per share quarterly dividend payable on
      February 28, 2008 to shareholders of record on February 13,
      2008.





The
      Wilber Corporation is a single bank holding company headquartered in Oneonta,
      New York, serving the financial needs of the communities of central and upstate
      New York.  The Wilber Corporation is the parent of Wilber National
      Bank and Provantage Funding Corporation.  The Wilber Corporation’s
      common stock trades under the symbol “GIW” on the American Stock
      Exchange.





Wilber
      National Bank, chartered in 1874,
      operates as a traditional commercial bank in its centralNew Yorkmarket
      with 21 branch offices located inOtsego,Delaware,Schoharie,Ulster,
      Chenango, andBroomeCountiesand
      two loan production offices located
      inSyracuse,New
      YorkandClifton
      Park,New
      York.  The Bank intermediates
      customer deposits and institutional borrowings into loans, short-term liquid
      investments, and investment securities.  The Bank’s lending activities
      include commercial lending, primarily to small and mid-sized businesses;
      mortgage lending for 1-4 family and multi-family properties, including home
      equity loans; mortgage lending for commercial properties; consumer installment
      and automobile lending; and, to a lesser extent, agricultural
      lending.  The Bank provides personal trust, agency, estate
      administration, and retirement planning services to individuals, as well as
      custodial and investment management services to institutions, through its Trust
      and Investment Division.  It also offers stocks, bonds, and mutual
      funds through a third party broker-dealer firm and a full line of life, health,
      and property and casualty insurance products through its insurance agency
      subsidiary, Mang–Wilber LLC.  The Bank currently has 281 full time
      equivalent employees.  Additional information about Wilber National
      Bank can be found at its
      website:  www.wilberbank.com.





Provantage
      is a licensed New York State mortgage banker headquartered in Clifton Park,
      New
      York.  Provantage offers a large variety of residential mortgage
      products that fit the needs of most consumers.  It is also a HUD
      endorsed lender, providing government FHA loans.  Provantage covers
      the entire Capital District with five licensed branch offices located within
      Saratoga, Schenectady, and Albany counties.  Additional information
      about Provantage can be found at its
      website:  www.ProvantageFunding.com.








###





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.







THE
                    WILBER CORPORATIONCONSOLIDATED
                    FINANCIAL
                    INFORMATION($
                    In thousands, except per share amounts)Unaudited
 As
                    of and for the three
                
                
                As
                    of and for the twelvemonths
                    ended December 31,
                
                
                months
                    ended December 31,Condensed
                    Income Statement
                
                
                2007
                
                
                
                2006
                
                
                
                2007
                
                
                
                2006Net
                    interest income
                
                $
                6,164
                
                
                $
                6,230
                
                
                $
                24,556
                
                
                $
                24,981Provision
                    for loan losses
                
                
                250
                
                
                
                300
                
                
                
                900
                
                
                
                1,560Net
                    interest income after provision for loan losses
                
                
                5,914
                
                
                
                5,930
                
                
                
                23,656
                
                
                
                23,421Noninterest
                    income
                
                
                1,365
                
                
                
                1,593
                
                
                
                7,036
                
                
                
                5,969Noninterest
                    expense
                
                
                5,570
                
                
                
                4,618
                
                
                
                20,857
                
                
                
                20,032Income
                    before taxes
                
                
                1,709
                
                
                
                2,905
                
                
                
                9,835
                
                
                
                9,358Income
                    taxes
                
                
                349
                
                
                
                704
                
                
                
                2,128
                
                
                
                2,206Net
                    income
                
                $
                1,360
                
                
                $
                2,201
                
                
                $
                7,707
                
                
                $
                7,152Share
                  and Per Share DataAverage
                    common shares outstanding (in thousands)
                
                
                10,504
                
                
                
                10,569
                
                
                
                10,545
                
                
                
                10,813Period-end
                    common shares outstanding (in thousands)
                
                
                10,504
                
                
                
                10,569
                
                
                
                10,504
                
                
                
                10,569Net
                    income per share
                
                $
                0.13
                
                
                $
                0.21
                
                
                $
                0.73
                
                
                $
                0.66Cash
                    dividends declared
                
                $
                0.095
                
                
                $
                0.095
                
                
                $
                0.38
                
                
                $
                0.38Book
                    value per common share
                
                $
                6.61
                
                
                $
                5.99
                
                
                $
                6.61
                
                
                $
                5.99Period-end
                  BalancesTotal
                    Assets
                
                $
                794,068
                
                
                $
                761,981
                
                
                $
                794,068
                
                
                $
                761,981Earning
                    Assets
                
                
                746,603
                
                
                
                709,811
                
                
                
                746,603
                
                
                
                709,811Loans,
                    gross
                
                
                443,870
                
                
                
                405,832
                
                
                
                443,870
                
                
                
                405,832Allowance
                    for loan losses
                
                
                6,977
                
                
                
                6,680
                
                
                
                6,977
                
                
                
                6,680Deposits
                
                
                657,494
                
                
                
                629,044
                
                
                
                657,494
                
                
                
                629,044Shareholders’
                    equity
                
                
                69,399
                
                
                
                63,332
                
                
                
                69,399
                
                
                
                63,332Average
                  BalancesTotal
                    Assets
                
                $
                798,492
                
                
                $
                764,211
                
                
                $
                776,404
                
                
                $
                751,995Earning
                    Assets
                
                
                757,977
                
                
                
                722,588
                
                
                
                735,660
                
                
                
                710,345Loans,
                    gross
                
                
                436,573
                
                
                
                401,883
                
                
                
                423,673
                
                
                
                402,200Allowance
                    for loan losses
                
                
                6,876
                
                
                
                6,526
                
                
                
                6,802
                
                
                
                6,358Deposits
                
                
                656,173
                
                
                
                630,536
                
                
                
                643,386
                
                
                
                616,320Shareholders’
                    equity
                
                
                67,807
                
                
                
                62,749
                
                
                
                65,114
                
                
                
                63,849Key
                  RatiosEarnings:Return
                    on average assets
                
                
                0.68
                %
                
                
                1.14
                %
                
                
                0.99
                %
                
                
                0.95
                %Return
                    on average equity
                
                
                7.96
                %
                
                
                13.92
                %
                
                
                11.84
                %
                
                
                11.20
                %Net
                    interest margin (tax-equivalent)
                
                
                3.52
                %
                
                
                3.74
                %
                
                
                3.62
                %
                
                
                3.81
                %Efficiency
                    ratio (1)
                
                
                68.52
                %
                
                
                55.52
                %
                
                
                61.76
                %
                
                
                61.14
                %Asset
                  QualityNet
                    loan charge-offs to average loans, annualized
                
                
                0.14
                %
                
                
                0.14
                %
                
                
                0.14
                %
                
                
                0.38
                %Allowance
                    for loan losses to period-end loans
                
                
                1.57
                %
                
                
                1.65
                %
                
                
                1.57
                %
                
                
                1.65
                %Allowance
                    for loan losses to non-performing loans (2)
                
                
                114
                %
                
                
                264
                %
                
                
                114
                %
                
                
                264
                %Non-performing
                    loans to period-end loans
                
                
                1.38
                %
                
                
                0.62
                %
                
                
                1.38
                %
                
                
                0.62
                %Non-performing
                    assets to period-end loans and other real estate
                
                
                1.44
                %
                
                
                0.65
                %
                
                
                1.44
                %
                
                
                0.65
                %


Common
                  Stock DataThe
                  Company’s common stock ($0.01 par value per share) trades
                  on
              2007
              
              High
                  Trade
              
              
              Low
                  Trade
              
              
              Dividendthe
                  American Stock Exchange (Amex®)
                  under the symbol GIW.
              4th
                  Quarter
              
              $
              9.50
              
              
              $
              8.65
              
              
              $
              0.0953rd
                  Quarter
              
              $
              12.00
              
              
              $
              8.20
              
              
              $
              0.0952nd
                  Quarter
              
              $
              9.89
              
              
              $
              8.85
              
              
              $
              0.0951st
                  Quarter
              
              $
              10.29
              
              
              $
              9.17
              
              
              $
              0.0952006
              
              High
                  Trade
              
              
              Low
                  Trade
              
              
              Dividend4th
                  Quarter
              
              $
              10.25
              
              
              $
              9.51
              
              
              $
              0.0953rd
                  Quarter
              
              $
              10.50
              
              
              $
              9.85
              
              
              $
              0.0952nd
                  Quarter
              
              $
              11.35
              
              
              $
              10.20
              
              
              $
              0.0951st
                  Quarter
              
              $
              10.85
              
              
              $
              9.90
              
              
              $
              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.