EXHIBIT 99

MBT Financial Corp. Announces Second Quarter 2012 Profit

MONROE, Mich., August 2, 2012 – MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a net profit of $253,000, or $0.01 per share (basic and diluted), in the second quarter of 2012, compared to the loss of $783,000, or $0.05 per share in the second quarter of 2011. The year to date profit is $1,470,000, or $0.08 per share (basic and diluted), compared to a loss of $4,825,000, or $0.28 per share in the first six months of 2011. This is the fourth consecutive quarterly profit for the company.

The net interest margin increased from 3.06% in the second quarter of 2011 to 3.15% in the second quarter of 2012. The decrease in non accrual loans, from $66.4 million a year ago to $40.1 million, as well as a 49 basis point decrease in the cost of interest bearing liabilities, contributed to the increase in the net interest margin. Although average earning assets decreased $5.0 million, the increase in the net interest margin resulted in an increase of $206,000, or 2.4% in the net interest income.

The provision for loan losses decreased from $2.9 million last year to $1.1 million in the second quarter of 2012 due to a decrease in the net charge offs from $3.6 million to $2.0 million, and due to a reduction in the allowance for loan losses to reflect an improvement in loan quality and a decrease in the size of the loan portfolio.

Non interest income decreased $294,000, or 7.6% due to lower income from wealth management services and bank owned life insurance policies. Origination fees on mortgage loans sold increased 137.2% from $86,000 to $204,000 as mortgage loan activity has increased significantly in 2012. For the first six months of 2012, mortgage loan origination fees have increased by 92.9%.

Total non interest expenses decreased $747,000, or 7.2% compared to the second quarter of 2011. The decrease in expenses was mainly due to lower losses on sales and write downs of Other Real Estate Owned (OREO) as well as declines in legal expenses, premiums paid for FDIC deposit insurance, and carrying costs of OREO properties. Real estate values have stabilized in the Bank’s market area, diminishing the need to write down the carrying values of foreclosed properties held for sale.

The Company recorded a tax provision of $1.4 million in the second quarter of 2012 to reflect potential additional tax expense resulting from an ongoing Internal Revenue Service audit of the Company’s 2007 through 2009 tax years. The Company expects the audit to conclude in the near future and does not agree with the IRS’ current position on several preliminarily proposed adjustments arising from the audit. Most importantly, the IRS has taken a position challenging the validity of the deductibility of our fully substantiated bad debt losses during the 2007-2009 tax years under audit. While we cannot predict the outcome of the IRS audit, or any appeal we may take as a result of an IRS assessment from the audit, we believe that our position on the validity and the timing of our deductions for bad debt losses is correct. We have consistently complied with regulatory guidelines concerning the treatment of bad debt, and feel strongly that we have recognized our loan losses appropriately. We are evaluating with our legal and tax advisors our rights to appeal a determination by the IRS to assess additional tax based on their methodology and views, which are inconsistent with those of our bank regulatory approved loan losses for the periods under audit. Our additional $1.4 million tax provision is taken to reflect the expected costs to cover a recent offer we made in settlement to end the tax audit that has now spanned nearly two years, and to avoid further legal and accounting fees. A significant portion of the adjustment to taxable income for the years under audit relates to timing of the deduction of expenses, and this would normally be recorded as an increase in the deferred tax asset. Due to the company’s large net operating loss carry forward, we are maintaining a valuation allowance of 100% of our deferred tax asset, which requires us to record a tax expense for the proposed audit settlement. The accrual for our proposed settlement increased our total deferred tax asset valuation allowance to $25.2 million, which could be recovered in earnings as we continue to demonstrate our return to long term profitability.

Total assets of the company decreased $2.8 million compared to December 31, 2011, with total loans decreasing $11.9 million and cash and investments increasing $11.4 million. Compared to a year ago, total assets increased $2.8 million, or 0.2%, with total loans decreasing $48.9 million. Total loans increased $1.3 million, or 0.2% during the second quarter of 2012, which is the first quarterly increase in loans since the third quarter of 2007. Capital increased $1.1 million since the beginning of the year, and with the decrease in assets, the ratio of equity to assets increased from 6.12% at December 31, 2011 to 6.22% at June 30, 2012. The Tier 1 Leverage ratio, which is one of the primary ratios used by banking regulators, increased from 6.03% as of December 31, 2011 to 6.14% as of June 30, 2012. The Bank remains adequately capitalized as measured by applicable regulatory standards. The company’s liquidity position remained very strong, with cash and investments increasing from 37.7% of assets at the end of 2011 to 38.7% at June 30, 2012.

Economic conditions in southeast Michigan continue to slowly improve, and this is having a positive impact on our asset quality. Non accrual loans decreased $26.3 million, or 39.6% compared to a year ago and are now at their lowest level since the third quarter of 2008. We are continuing to see an improvement in real estate sales activity and prices, and that has helped us reduce the amount of Other Real Estate Owned. Our total OREO decreased $8.6 million, or 40.2% compared to a year ago. Total problem assets, which include non performing assets and problem loans that are still performing, decreased to $126.8 million at June 30, 2012, which is an improvement of 13.0% compared to a year ago. This marks the fifth consecutive quarterly decrease in problem assets.

H. Douglas Chaffin, President and CEO, commented, “We are pleased to report a fourth consecutive profit this quarter, especially since the profitability is the direct result of the continued improvement in our asset quality. As the economic conditions continue to slowly improve, we will continue to see improvements in our asset quality and earnings. Loan demand is beginning to improve, and this will help our net interest margin and net interest income improve also. We continue to have a solid deposit base, a very liquid balance sheet, and adequate capital, so we are well positioned for increased lending activity.”

Mr. Chaffin concluded, “Local and national economic indicators are reflecting some weakness in the recovery, but we remain cautiously optimistic. While we remain concerned about the effect of global and national issues on our local economy, we are pleased with our progress for the first six months of 2012. We will continue to focus our efforts on improving asset quality, maintaining liquidity, seeking new sources of revenue and capital, and controlling expenses. Our current environment is still challenging, but we remain confident in our ability to maintain our position as the premier independent provider of financial services in the communities we serve.”

Conference Call

MBT Financial Corp. will hold a conference call to discuss the second quarter results on Friday, August 3, 2012, at 10:00 a.m. Eastern Time. The call will be webcast and can be accessed at the Investor Relations/Corporate Profile page of MBT Financial Corp.’s web site www.mbandt.com. The call can also be accessed in the United States by calling toll free (877) 317-6789. The toll free number for callers in Canada is (866) 605-3852 and international callers can access the call at (412) 317-6789. The event will be archived on the Company’s web site and available for twelve months following the call.

About the Company

MBT Financial Corp. (NASDAQ: MBTF), a single bank holding company headquartered in Monroe, Michigan, is the parent company of Monroe Bank & Trust (MBT).

Founded in 1858, MBT is one of the largest community banks in Southeast Michigan. MBT is a full-service bank, offering a complete range of business and personal accounts, credit options, and phone and online banking services. MBT’s Wealth Management Group is one of the largest and most respected in Southeastern Michigan. With 24 offices, 40 ATMs, and a comprehensive array of products and services, MBT prides itself in offering an incomparable banking experience for its customers. Visit MBT’s web site at www.mbandt.com.

Forward-Looking Statements

Certain statements contained herein are not based on historical facts and are "forward-looking statements" within the meaning of Section 21A of the Securities Exchange Act of 1934. Forward-looking statements which are based on various assumptions (some of which are beyond the Company's control), may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as "may," "will," "believe," "expect," "estimate," "anticipate," "continue," or similar terms or variations on those terms, or the negative of these terms. Actual results could differ materially from those set forth in forward-looking statements, due to a variety of factors, including, but not limited to, those related to the economic environment, particularly in the market areas in which the Company operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset/liability management, change in the financial and securities markets, including changes with respect to the market value of our financial assets, the availability of and costs associated with sources of liquidity, and the ability of the Company to resolve or dispose of problem loans. The Company undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

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