Yardville National Bancorp (Nasdaq: YANB - News) reported net income for the third quarter of $1.7 million, compared to $5.3 million earned for the same period of 2006, while diluted earnings per share for the quarter were $0.15, compared with $0.47 for the third quarter of 2006.

For the first nine months of 2007, YNB reported a decline in net income to $10.2 million, compared with $15.6 million for the same period in 2006. Diluted earnings per share for the nine months ended September 30, 2007 were $0.90, compared to $1.37 for the same period in 2006. The decline in earnings was due to a reduction in net interest income partly reflecting the current lending environment, higher non-interest expenses and a higher provision for loan losses. These were partially offset by lower income tax expense and higher non-interest income. Expenses associated with merger-related matters also contributed to the lower earnings result.

The Special Meeting of Shareholders of Yardville National Bancorp (“Yardville”) (NASDAQ: YANB) was held this morning at La Villa Ristorante, 2275 Kuser Road, Hamilton Square, New Jersey.

By a significant majority, and with approximately 88% of the votes cast, Yardville shareholders voted in favor of the Board of Directors’ proposal to merge Yardville with The PNC Financial Services Group, Inc. (NYSE: PNC).
With $2.56 billion in assets as of June 30, 2007, Yardville serves individuals and small to mid-sized businesses in the dynamic New York City-Philadelphia corridor. Yardville has a network of 35 branches in Mercer, Hunterdon, Somerset, Middlesex, Burlington, and Ocean counties in New Jersey and Bucks County in Pennsylvania. Headquartered in Mercer County, Yardville emphasizes commercial lending and offers a broad range of lending, deposit and other financial products and services. For more information on YNB please visit our web site at www.ynb.com.

Yardville National Bancorp, (Nasdaq: YANB - News) today reiterated that the election deadline for Yardville shareholders to make merger consideration elections in connection with the proposed merger with The PNC Financial Services Group, Inc. (NYSE: PNC - News) is 5 p.m., New York City time, on October 18, 2007. Yardville shareholders of record wishing to make an election regarding the form of consideration they would prefer to receive must deliver to Computershare, Inc., the exchange agent in the merger, the following: properly completed election forms, together with their stock certificates or a properly completed notice of guaranteed delivery. These must be received by Computershare by the election deadline of 5 p.m., New York City time, on October 18, 2007.

Yardville National Bancorp (Nasdaq: YANB - News) announced that the Board of Directors declared during their regularly scheduled meeting on September 26, 2007 a cash dividend of $0.115 per share payable on October 24, 2007 to shareholders of record as of October 10, 2007. This dividend marks the 56th consecutive quarter in which YNB has paid a regular cash dividend to its shareholders.

Yardville National Bancorp (Nasdaq: YANB - News) announced that the Board of Directors declared during their regularly scheduled meeting on August 22, 2007 a cash dividend of $0.115 per share payable on September 19, 2007 to shareholders of record as of September 5, 2007. This dividend marks the 55th consecutive quarter in which YNB has paid a regular cash dividend to its shareholders.

Yardville National Bancorp, (Nasdaq: YANB - News) today reported net income for the second quarter of 2007 of $3.1 million or $0.27 per diluted share. This compares to $5.1 million or $0.45 per diluted share reported at June 30, 2006. For the first six months of 2007, YNB's net income was $8.3 million, or $0.72 per diluted share, compared with $10.2 million or $0.90 per diluted share for the first six months of 2006.

Impacting YNB's results for the three- and six-month periods were higher non-interest expenses and lower net interest income.

Yardville National Bancorp announced today that on June 13, 2007, the Superior Court of New Jersey vacated a previously issued order requiring YNB to hold its annual meeting of shareholders on July 12, 2007. This action clears the way for YNB to submit its proposed merger with The PNC Financial Services Group, Inc. (NYSE: PNC) to YNB’s shareholders at a special meeting to be held later in the year.

PNC Financial Services Group Inc. (PNC.N: Quote, Profile , Research) said on Thursday it would pay $403 million to acquire Yardville National Bancorp. (YANB.O: Quote, Profile , Research) a central New Jersey bank that has struggled with regulatory problems and complaints from its largest shareholder.

Pittsburgh-based PNC said the acquisition will help it rank first in deposit share in three wealthy New Jersey counties: Hunterdon, Mercer and Somerset. The purchase comes three months after PNC paid $6 billion for Baltimore's Mercantile Bankshares Corp., becoming the 10th-largest U.S. bank.

Yardville ended March with $2.68 billion of assets, $2.06 billion of deposits and $2 billion of loans. It operates 33 branches in six New Jersey counties and Bucks County, Pennsylvania and has 440 employees. Like many commercial lenders, it has struggled with a tough interest rate environment.

Yardville National Bancorp (Nasdaq: YANB - News) announced that the Board of Directors declared during their regularly scheduled meeting on May 25, 2007 a cash dividend of $0.115 per share payable on June 29, 2007 to shareholders of record as of June 15, 2007. This dividend marks the 54th consecutive quarter in which YNB has paid a regular cash dividend to its shareholders.

Yardville National Bancorp, (Nasdaq: YANB) today reported net income for the first quarter of 2007 of $5.1 million or $0.45 per diluted share. This was a slight decrease of 0.8 and 2.2 percent, respectively, from the $5.2 million or $0.46 per diluted share reported at March 31, 2006.

Yardville National Bancorp, (Nasdaq: YANB) today reported net income for the first quarter of 2007 of $5.1 million or $0.45 per diluted share. This was a slight decrease of 0.8 and 2.2 percent, respectively, from the $5.2 million or $0.46 per diluted share reported at March 31, 2006.

Yardville National Bancorp (Nasdaq: YANB - News) will announce its first quarter earnings on Monday, April 30, 2007. Patrick M. Ryan, CEO, F. Kevin Tylus, President and Chief Operating Officer, and Stephen F. Carman, Vice President and Treasurer of Yardville National Bancorp will discuss YNB's first quarter earnings and answer questions in an investor teleconference on Tuesday, May 1, 2007 at 2:00 p.m. (EST). Interested parties are invited to listen in by dialing toll-free 1-877-407-9205. A replay of the teleconference will be available on May 2, 2007 and ending at 11:59 p.m. on May 31, 2007 by dialing toll-free 1-877-660- 6853, account number 286 and conference ID number 239781.

The teleconference will also be webcast live (listen mode only) via YNB's website at www.ynb.com through the "Investor Relations" section and archived on YNB's website through July 26, 2007. Those wishing to hear the webcast should register in advance.

In a filing with the Securities and Exchange Commission today, Yardville National Bancorp (NASDAQ:YANB) reported that, as permitted, it would delay the filing of its Annual Report on Form 10-K until March 30, 2007, as a result of the identification by management of a material weakness in its internal controls over financial reporting. The material weakness is related to the risk rating process and resultant determination of the allowance for loan losses and the provision for loan losses, and additional time is needed to undertake an expanded review of loan files to confirm appropriate risk ratings and the provision for loan losses. YNB anticipates that the financial results reported in its Annual Report on Form 10-K for the fiscal year ended December 31, 2006 will be revised from those previously reported in its January 30, 2007 preliminary report of financial results.

Yardville National Bancorp (Nasdaq: YANB) announced that the Board of Directors declared during their regularly scheduled meeting on February 28, 2007 a cash dividend of $0.115 per share payable on March 28, 2007 to shareholders of record as of March 14, 2007. This dividend marks the 53rd consecutive quarter in which YNB has paid a regular cash dividend to its shareholders.

Yardville National Bancorp (Nasdaq: YANB) reported earnings for both the fourth quarter and full year ended December 31, 2006. The company noted that in keeping with its retail banking strategy, YNB opened five new banking offices in 2006, two of them in the fourth quarter alone, and completed a restructuring of its balance sheet as announced at the end of December.

Yardville National Bancorp (Nasdaq: YANB - News) today reported earnings for both the fourth quarter and full year ended December 31, 2006. The company noted that in keeping with its retail banking strategy, YNB opened five new banking offices in 2006, two of them in the fourth quarter alone, and completed a restructuring of its balance sheet as announced at the end of December.

For the fourth quarter of 2006, the balance sheet restructuring was the major contributor to YNB's net loss of $8.7 million and diluted loss per share of $0.79. These results compare with net income of $4.3 million and $0.39 diluted earnings per share for the fourth quarter of 2005. For the full year, primarily due to the restructuring, net income decreased to $6.9 million from the $20.9 million reported in 2005. Diluted earnings per share for the full year decreased to $0.61 compared with $1.89 for the prior year.

Yardville National Bancorp (Nasdaq: YANB - News) will announce its fourth quarter and year-end earnings on Tuesday, January 30, 2007. Patrick M. Ryan, CEO, F. Kevin Tylus, President and Chief Operating Officer, and Stephen F. Carman, Vice President and Treasurer of Yardville National Bancorp will discuss YNB's fourth quarter and year-end earnings and answer questions in an investor teleconference on Wednesday, January 31, 2007 at 10:00 a.m. (EST). Interested parties are invited to listen in by dialing toll-free 1-877-407-9205. A replay of the teleconference will be available on February 1, 2007 and ending at 11:59 p.m. on February 28, 2007 by dialing toll-free 1-877-660-6853, account number 286 and conference ID number 229751.

Yardville National Bancorp (Nasdaq: YANB - News) today announced the restructuring of a portion of its balance sheet. The restructuring of the balance sheet is intended to enhance the company's net interest margin and improve earnings in 2007 and beyond while allowing YNB to maintain a sound interest rate risk and liquidity position. To achieve these results, YNB sold lower yielding securities and used the proceeds to retire higher fixed rate Federal Home Loan Bank (FHLB) advances.

Yardville National Bancorp (Nasdaq: YANB - News) continues to implement its strategic plan to further expand the YNB franchise, as its banking subsidiary recently received regulatory approval from the Office of the Comptroller of the Currency (OCC) for four new branches throughout New Jersey. The new branches will open in North Brunswick, Skillman, Woodbridge and Lawrence within the next several months. With the opening of these additional locations, YNB will have 34 branches in seven contiguous counties and expects to open more by the end of 2007.