EXHIBIT 99.1

FENTURA FINANCIAL, INC.
P.O. BOX 725
FENTON, MI 48430-0725

Contact:	Ronald L. Justice
	Fentura Financial, Inc.
	(810) 714-3902
	April 20, 2007

For Immediate Release

FENTURA FINANCIAL, INC. REPORTS FIRST QUARTER EARNINGS

     Fenton, Michigan—April 20, 2007—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 announced earnings of $948,000 or $.44 per diluted share for the quarter ended March 31, 2007. This represents a 21.5% decrease from the earnings of $1,207,000 or $.56 per diluted share for the first quarter of 2006.

FINANCIAL HIGHLIGHTS FOR THE QUARTER ENDED MARCH 31, 2007

1.	Total revenues increased 3.5 % driven by a 3.5% increase in interest income and a 3.8% increase in non-interest income.
2.	Total gross loans increased $8,833,000 or 2.0% to $459,826,000 from December 31, 2006.
3.	Total deposits of $531,349,000 increased $2,794,000 or 0.5% compared to December 31, 2006.
4.	The net interest margin of 3.94% increased slightly from the 3.90% reported for the 4th quarter of 2006, but fell below the 4.26% level reported following the first quarter of 2006.
5.	Return on average shareholder equity was 7.40% for the quarter ended March 31, 2007, a decline from the 10.21% reported for the same period in 2006.

6. Non-performing loans as a percent of total loans were 1.03% at March 31, 2007, an increase from 0.46% reported at the end of the first quarter of 2006.

COMPONENTS OF THE FIRST QUARTER RESULTS

     First quarter 2007 total revenue of $11,811,000 increased $400,000 or 3.5% over the $11,411,000 reported following the first quarter of 2006. Total interest income for the quarter increased $332,000 or 3.5% over the same quarter in 2006. Continued loan growth and improved earning asset yields contributed to the increased interest income. First quarter 2007 non-interest income of $1,865,000 also increased compared to the same quarter in 2006. A $124,000 or 32.4% increase in Trust and Investment income was the primary contributor to the improved quarter to quarter results. Net interest income was down when comparing the two quarters due to increased interest expense in 2007 as market rates increased and deposit balances transitioned to higher cost certificates of deposit. Accordingly, the net interest margin for the quarter ended March 31, 2007 declined to 3.94% as compared to the 4.26% reported for the quarter ending March 31, 2006.

     First quarter 2007 non-interest expense of $5,496,000 declined 1.3% compared to the $5,569,000 reported following the first quarter of 2006, a reflection of subsidiary bank efforts to control operating expenses in light of the margin compression mentioned earlier.

     Provision for loan losses expense was $439,000 for the quarter ended March 31, 2007 compared to $400,000 for the quarter ended March 31, 2006. The company performs a quarterly analysis of the adequacy of the allowance for loan losses to determine the necessary provision expense and allowance balance to cover identified losses based upon information available at the time regarding asset quality, loan trends and other economic factors. The provision recorded is a result of this computation. At March 31, 2007 the allowance for loan losses to gross loans was 1.51% compared to the 1.44% at March 31, 2006.

     Total assets of the company of $624,952,000 at March 31, 2007 were comparable to the $624,320,000 reported at March 31, 2006. At March 31, 2007, gross loans totaled $459,826,000 an increase of 1.6% or $7,442,000 above the level of $452,384,000 reported at March 31, 2006. Commercial loans increased $38,284,000 offsetting a $21,476,000 decline in construction loans,

a $8,581,000 decline in consumer loans and a modest decline in real estate loans. Total deposits of $531,349,000 at March 31, 2007 declined nominally from the $533,965,000 reported at the end of the first quarter 2006.

     The return on average shareholders equity for the quarter ended March 31, 2007 was 7.40% compared to 10.21% reported following the first quarter of 2006. Cash dividends paid to shareholders in the first quarter 2007 increased 11.3% from $541,000 paid in 2007 as compared to the $486,000 paid during the comparable quarter of 2006.

     According to Fentura Financial, Inc. President and CEO Donald L. Grill, “the year to year decline in net income was a result of margin compression caused by the interest rate environment and competitive pressures as well as the softening of the Michigan economy. Our bankers are continuing to develop and implement pricing and growth strategies and working hard at controlling expenses in an attempt to maximize our performance during these challenging times.”

     Fentura is a bank holding company headquartered in Fenton, Michigan. Subsidiary banks include The State Bank headquartered in Fenton with offices serving in Fenton, Linden, Holly, Grand Blanc and Brighton; Davison State Bank headquartered in Davison, Michigan with offices serving the Davison area; 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

	Mar 31			Dec 31			Sept 30			June 30			Mar 31
	2007			2006			2006			2006			2006
ASSETS
Cash and cash equivalents
Cash and due from banks	$	17,236		$	19,946		$	17,473		$	19,346		$	19,156
Short term investments		6,100			9,500			8,950			6,900			8,650
Total cash & cash equivalents		23,336			29,446			26,423			26,246			27,806
Securities:
Securities available for sale		88,783			91,104			92,557			92,646			93,217
Securities held to maturity		10,441			11,899			12,202			16,958			15,395
Total securities		99,224			103,003			104,759			109,604			108,612
Loans held for sale		2,352			2,226			2,079			679			1,695
Loans:
Commercial		298,338			272,401			268,305			265,097			260,054
Real estate — construction		64,973			78,927			82,414			87,908			86,449
Real estate — mortgage		35,562			36,867			37,963			37,076			36,347
Consumer		60,953			62,798			65,090			66,896			69,534
Total loans		459,826			450,993			453,772			456,977			452,384
Less: Allowance for loan losses		(6,962	)		(6,692	)		(6,625	)		(6,682	)		(6,518	)
Net loans		452,864			444,301			447,147			450,295			445,866
Bank owned life insurance		6,872			6,815			6,736			6,683			6,642
Bank premises and equipment		19,509			16,854			16,564			16,665			15,350
Federal Home Loan Bank stock		2,032			2,032			2,172			2,432			2,300
Accrued interest receivable		3,313			2,985			3,079			2,837			2,830
Goodwill		7,955			7,955			7,955			7,955			7,955
Acquisition intangibles		683			759			835			912			988
Other assets		6,813			5,922			5,215			4,857			4,276
TOTAL ASSETS	$	624,952		$	622,298		$	622,964		$	629,165		$	624,320
LIABILITIES & SHAREHOLDERS’ EQUITY
LIABILITIES
Deposits:
Non-interest bearing deposits		77,790			74,887			75,564			77,463			77,652
Interest bearing deposits		453,559			453,668			456,021			456,937			456,313
Total deposits		531,349			528,555			531,585			534,400			533,965
Short-term borrowings		450			1,500			1,251			6,565			20
Federal Home Loan Bank Advances		11,052			11,052			11,091			12,130			14,189
Repurchase agreements		10,000			10,000			10,000			10,000			10,000
Subordinated debentures		14,000			14,000			14,000			14,000			14,000
Accrued interest, taxes & other liabilities		5,797			5,873			5,094			4,026			4,420
Total liabilities		572,648			570,980			573,021			581,121			576,594
STOCKHOLDERS’ EQUITY
Common stock — no par value 5,000,000 shares authorized		42,476			42,158			41,978			41,810			34,798
Retained earnings		10,524			10,118			9,149			8,358			14,431
Accumulated other comprehensive income (loss)		(696	)		(958	)		(1,184	)		(2,124	)		(1,503	)
Total stockholders’ equity		52,304			51,318			49,943			48,044			47,726
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$	624,952		$	622,298		$	622,964		$	629,165		$	624,320
* Common stock shares issued & outstanding		2,162,107			2,152,862			2,147,408			2,142,496			2,130,564
Asset Quality Ratios:
Non-Performing Loans as a % of Total Loans		1.03	%		1.13	%		0.44	%		0.44	%		0.46	%
Allowance for Loan Losses as a % of Non-Performing Loans		146.02	%		131.16	%		333.58	%		330.14	%		312.91	%
Accruing Loans Past Due 90 Days More to Total Loans		0.11	%		0.51	%		0.02	%		0.04	%		0.02	%
Non-Performing Assets as a % of Total Assets		1.12	%		1.08	%		0.48	%		0.44	%		0.35	%
Quarterly Average Balances:
Total Loans		452,274			452,334			451,301			455,734			446,889
Total Earning Assets		569,289			569,756			577,454			573,687			570,751
Total Shareholders’ Equity		51,968			51,253			48,844			48,223			47,937
Total Assets		622,594			620,960			630,713			622,474			619,398
Diluted Shares Outstanding		2,160,899			2,155,400			2,149,598			2,135,056			2,137,265

* Per share data adjusted for 10% stock dividend paid August 4, 2006

Fentura Financial Inc.
Consolidated Income Statements
(Dollars in thousands, except per share data)
UNAUDITED

	Three Months ended
	March 31			Dec 31			Sept 30			June 30			March 31
	2007			2006			2006			2006			2006
Interest income:
Interest & fees on loans	$	8,647		$	8,920		$	8,929		$	8,852		$	8,430
Interest & dividends on securities:
Taxable		917			865			860			852			883
Tax-exempt		215			202			205			196			207
Interest on federal funds sold		167			124			218			79			94
Total interest income		9,946			10,111			10,212			9,979			9,614
Interest expense:
Deposits		3,961			3,964			3,943			3,594			3,241
Borrowings		585			552			567			540			507
Total interest expense		4,546			4,516			4,510			4,134			3,748
Net interest income		5,400			5,595			5,702			5,845			5,866
Provision for loan losses		439			240			240			240			400
Net interest income after provision for loan losses		4,961			5,355			5,462			5,605			5,466
Non-interest income:
Service charges on deposit accounts		851			958			989			950			831
Gain on sale of mortgage loans		84			171			124			157			163
Trust & investment services income		507			382			372			417			383
Loss on sale of securities		—			—			(2	)		—			—
Other income and fees		423			507			457			364			420
Total non-interest income		1,865			2,018			1,940			1,888			1,797
Non-interest expense:
Salaries & employee benefits		3,247			2,894			3,197			3,313			3,334
Occupancy		503			459			457			510			432
Furniture and equipment		525			539			541			551			508
Loan and collection		91			93			72			84			71
Advertising and promotional		112			130			140			201			153
Other operating expenses		1,018			1,086			1,096			1,054			1,071
Total non-interest expense		5,496			5,201			5,503			5,713			5,569
Income before federal income taxes		1,330			2,172			1,899			1,780			1,694
Federal income taxes		382			665			563			522			487
Net Income	$	948		$	1,507		$	1,336		$	1,258		$	1,207
*Per Share Data:
Basic earnings	$	0.44		$	0.70		$	0.62		$	0.59		$	0.57
Diluted earnings	$	0.44		$	0.70		$	0.62		$	0.59		$	0.56
Cash dividends declared	$	0.25		$	0.25		$	0.23		$	0.23		$	0.23
Performance Ratios:
Return on Average Assets		0.62	%		0.96	%		0.84	%		0.81	%		0.79	%
Return on Average Equity		7.40	%		11.66	%		10.85	%		10.46	%		10.21	%
Net Interest Margin (FTE)		3.94	%		3.90	%		4.01	%		4.17	%		4.26	%
Book Value Per Share	$	24.19		$	24.08		$	23.25		$	20.38		$	22.33
Net Charge-offs		169			173			297			76			183
Ratio of Net charge-offs to Gross Loans		0.04	%		0.04	%		0.12	%		0.06	%		0.04	%

* Per share data adjusted for 10% stock dividend paid August 4, 2006