EXHIBIT 99.1

Fentura Financial, Inc.
P.O. Box 725
Fenton, MI 48430-0725

Contact: Ronald L. Justice
SVP Corporate Governance
& Investor Relations
Fentura Financial, Inc.
(810) 714-3902


October 18, 2005

For Immediate Release

Fentura Financial, Inc. Net Income up 51.8% in the Third Quarter:

        Fenton, Michigan – October 14, 2005 – Fentura Financial, Inc. (Trading Symbol: FETM) the holding company for The State Bank of Fenton, Michigan, Davison State Bank of Davison, Michigan, and West Michigan Community Bank of Hudsonville, Michigan today reported that continued strong loan production and improved net interest margin contributed to a 51.8% increase in net income for the quarter ended September 30, 2005. Net income for the third quarter was $1,299,000, or $0.68 per diluted share, compared to $856,000, or $0.45 per diluted share for the same period in 2004. On a year to date basis, 2005 net income of $3,745,000 or $1.97 per diluted share, increased $1,247,000 or 49.9% over the $2,498,000 or $1.32 per diluted share, reported for the nine months ended September 30, 2004.

        Financial highlights for the third quarter of 2005, compared to a year ago include:

1. Revenues increased 20.2%, reflecting sizable gains in net interest income and non-interest income.

2. Non-interest income grew 11.0% primarily based on gains on the sale of mortgage loans.

3. Net interest margin improved 55 basis points to 4.26%.

4. Total loans increased 10.1% to $434.4 million.

5. Credit quality remains strong, with non-performing loans equaling just .46% of total assets.

6. Return on average equity was 11.38%.

        Total loans were $434.4 million at September 30, 2005, an increase of 10.1% or $39.9 million compared to September 30, 2004. “Our efforts to generate new business, expand existing relationships, and strengthen our alliances with our minority ownership bank partners, have resulted in continued strong loan production,” stated Donald L. Grill, President & CEO.

        Non-performing assets declined to $2.8 million at the end of September 2005 compared to the $3.4 million reported at the end of September 2004. These assets represent .46% of total assets compared to the .58% reported a year earlier.

        Revenues, which are comprised of net interest income and non-interest income, grew 20.2% in the quarter to $7.7 million, compared to $6.4 million in the third quarter of 2004. A growing balance sheet, an improved net interest margin, and an increase in the gains on sale of loans, all contributed to the improvement in revenues. Net interest income was $5.8 million, compared to $4.7 million the year prior. Non-interest income grew 11.0% to $1.9 million in the third quarter of 2005, versus $1.7 million for the same time period last year, reflecting increased gains on the sale of loans and other fee income. Non-interest expense increased 9.3% to $5.3 million, from $4.8 million in the third quarter of 2004, due to a rise in salary and benefit expenses, including an incentive bonus accrual and the additional expenses associated with the opening of two new banking offices during the fourth quarter of 2004.

        For the first nine months of 2005, revenues grew 24.0% to $22.1 million, compared to $17.8 million in the nine months ended September 30, 2004. Net interest income increased 33.0% to $16.9 million in the nine months ended September 30, 2005, compared to $12.7 million in the same period in 2004. Non-interest income grew 1.9% to $5.2 million in the first nine months of 2005, from $5.1 million for the same time period in 2004 due to the increase in the gain on the sale of loans and an increase in income from trust and investment services. Non-interest expense increased 16.8% to $15.7 million through September 30, 2005, compared to $13.4 million in the same time period of 2004, due to the increase in salary and benefit expense and the additional expenses associated with the two new banking offices opened during the fourth quarter of 2004.

        “The net interest margin, which was 4.26% in the quarter ended September 30, 2005 and 4.28% for the first nine months of 2005, remains strong”, Grill said. Deposits grew by $11.9 million to $516.9 million at September 30, 2005 compared to the prior year. Increases in certificates of deposit account for the year-to-year increase.

        Fentura generated an 11.38% return on average equity (ROE) in the quarter ended September 30, 2005, up from the 8.41% reported a year ago. Year to date ROE was 11.33% at September 30, 2005 up from the 8.05% reported for the same time period in 2004. Improved earnings are the primary contributor to the improvement in ROE in both periods.

        Fentura Financial, Inc. is a bank holding company headquartered in Fenton, Michigan. Subsidiary banks include The State Bank headquartered in Fenton with offices serving Fenton, Linden, Holly, Grand Blanc, and Brighton; Davison State Bank headquartered in Davison, Michigan with offices serving Davison and Goodrich; and West Michigan Community Bank headquartered in Hudsonville, Michigan with offices serving Hudsonville, Holland, Jenison, and Grandville. Fentura Financial, Inc. shares are traded over the counter under the FETM trading symbol.

# # #

CAUTIONARY STATEMENT: This press release contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements concerning future growth in earning assets and net income. Such statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company’s operations, markets, products, services, interest rates and fees for services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Further information concerning our business, including additional factors that could materially affect our financial results, is included in our filings with the Securities and Exchange Commission.

Fentura Financial Inc. Consolidated Balance Sheets (Dollars in thousands) UNAUDITED	Sep 30 2005			Jun 30 2005			Mar 31 2005			Dec 31 2004			Sep 30 2004
ASSETS
Cash and cash equivalents
Cash and due from banks	$	22,885		$	21,799		$	17,388		$	22,705		$	23,842
Short term investments		8,300			550			-			4,550			17,500
Total cash & cash equivalents		31,185			22,349			17,388			27,255			41,342
Securities:
Securities available for sale		94,705			99,910			103,881			110,391			106,085
Securities held to maturity		13,663			18,607			19,249			18,786			18,583
Total securities		108,368			118,517			123,130			129,177			124,668
Loans held for sale		2,442			3,722			3,278			1,587			497
Loans:
Commercial		241,190			235,823			237,099			229,012			235,493
Real estate - construction		81,156			76,658			70,265			61,278			55,989
Real estate - mortgage		39,529			37,605			32,055			32,705			28,586
Consumer		72,541			72,726			71,656			70,435			74,489
Total loans		434,416			422,812			411,075			393,430			394,557
Less: Allowance for loan losses		(6,294	)		(5,996	)		(5,780	)		(5,501	)		(5,173	)
Net loans		428,122			416,816			405,295			387,929			389,384
Bank owned life insurance		6,417			6,941			6,902			6,861			6,787
Bank premises and equipment		14,245			14,279			14,607			13,812			14,034
Federal Home Loan Bank stock		2,300			2,300			2,276			2,252			2,219
Accrued interest receivable		2,550			2,438			2,393			2,335			2,271
Goodwill		7,955			7,955			7,955			7,955			7,955
Acquisition intangibles		1,162			1,248			1,355			1,433			1,428
Other assets		4,441			4,706			4,557			4,294			3,289
TOTAL ASSETS	$	609,187		$	601,271		$	589,136		$	584,890		$	593,874
LIABILITIES & SHAREHOLDERS' EQUITY
LIABILITIES
Deposits:
Non-interest bearing deposits		81,532			81,930			78,715			80,631			83,264
Interest bearing deposits		435,404			421,177			395,519			410,434			421,793
Total deposits		516,936			503,107			474,234			491,065			505,057
Borrowings		1,950			8,384			17,356			5,200			2,762
Federal Home Loan Bank Advances		16,267			18,806			28,863			19,402			19,091
Repurchase agreements		10,000			10,000			10,000			10,000			10,000
Subordinated debentures		14,000			12,000			12,000			12,000			12,000
Accrued interest, taxes & other liabilities		3,893			4,298			3,476			4,254			2,944
Total liabilities		563,046			556,595			545,929			541,921			551,854
SHAREHOLDERS' EQUITY
Common stock - no par value
0,000,000 shares authorized		34,359			33,467			33,325			33,110			32,962
Retained earnings		12,882			12,048			11,211			10,514			9,431
Accumulated other comprehensive income (loss)		(1,100	)		(839	)		(1,349	)		(655	)		(373	)
Total shareholders' equity		46,141			44,676			43,187			42,969			42,020
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$	609,187		$	601,271		$	589,116		$	584,890		$	593,874
* Common stock shares issued & outstanding		1,926,704			1,898,382			1,895,419			1,889,463			1,885,662
Asset Quality Ratios:
Non-Performing Loans as a % of Total Loans		0.47	%		0.43	%		0.38	%		0.70	%		0.87	%
Allowance for Loan Losses as a % of
Non-Performing Loans		306.58	%		329.27	%		371.94	%		350.16	%		329.70	%
Accruing Loans Past Due 90 Days More to      Total Loans		0.03	%		0.02	%		0.02	%		0.02	%		0.01	%
Non-Performing Assets as a % of Total Assets		0.46	%		0.45	%		0.41	%		0.47	%		0.58	%
Quarterly Average Balances:
Total Loans		429,357			426,132			401,512			360,330			387,049
Total Earning Assets		551,618			548,971			530,420			495,441			520,551
Total Shareholders' Equity		45,294			43,839			44,229			41,730			40,722
Total Assets		603,683			598,698			580,454			546,901			574,214
Diluted Shares Outstanding		1,901,444			1,903,516			1,899,080			1,893,716			1,897,696

Fentura Financial Inc. Consolidated Income Statements (Dollars in thousands) UNAUDITED	Three Months ended									Nine months ended
	Sep 30 2005			Jun 30 2005			Sep 30 2004			Sep 30 2005			Sep 30 2004
Interest income:
Interest & fees on loans
Interest & dividends on securities:	$	7,749		$	7,226		$	5,969		$	21,516		$	15,799
Taxable		801			811			699			2,464			2,274
Tax-exempt		227			233			188			704			531
Interest on federal funds sold		36			8			50			54			71
Total interest income		8,813			8,278			6,906			24,738			18,675
Interest expense:
Deposits		2,538			2,111			1,896			6,449			5,110
Borrowings		498			479			331			1,435			893
Total interest expense		3,036			2,590			2,227			7,884			6,003
Net interest income		5,777			5,688			4,679			16,854			12,672
Provision for loan losses		404			329			383			1,002			1,019
Net interest income after provision for loan losses		5,373			5,359			4,296			15,852			11,653
Non-interest income:
Service charges on deposit accounts		907			879			975			2,570			2,847
Gain on sale of mortgage loans		282			166			124			630			365
Trust & investment services income		254			294			254			842			703
Loss on sale of securities		2			1			-			(108	)		-
Loss on sale of fixed assets		-			-			-			-			(2	)
Other income and fees		439			427			344			1,304			1,226
Total non-interest income		1,884			1,767			1,697			5,238			5,139
Non-interest expense:
Salaries & employee benefits		3,094			3,003			2,675			9,062			7,332
Occupancy		441			420			425			1,324			1,193
Furniture and equipment		496			536			572			1,576			1,559
Loan and collection		122			99			56			290			240
Advertising and promotional		152			229			128			509			386
Other operating expenses		967			1,011			969			2,903			2,702
Total non-interest expense		5,272			5,298			4,825			15,664			13,412
Income before federal income taxes		1,985			1,828			1,168			5,426			3,380
Federal income taxes		686			535			312			1,681			882
Net Income	$	1,299		$	1,293		$	856		$	3,745		$	2,498
Per Share Data:
Basic earnings	$	0.68		$	0.68		$	0.45		$	1.97		$	1.33
Diluted earnings	$	0.68		$	0.68		$	0.45		$	1.97		$	1.32
Cash dividends declared	$	0.24		$	0.24		$	0.23		$	0.72		$	0.69
Performance Ratios:
Return on Average Assets		0.85	%		0.86	%		0.59	%		0.85	%		0.62	%
Return on Average Equity		11.38	%		11.79	%		8.41	%		11.33	%		8.05	%
Net Interest Margin (FTE)		4.26	%		4.26	%		3.71	%		4.28	%		3.60	%
Book Value Per Share	$	23.95		$	23.53		$	22.28		$	23.95		$	22.28
Net Charge-offs		106			103			127			209			419
Ratio of Net charge-offs to Gross Loans		0.02	%		0.02	%		0.03	%		0.05	%		0.11	%