EXHIBIT 99.2

               MBT FINANCIAL CORP. ANNOUNCES SHARE REPURCHASE PLAN

FOR IMMEDIATE RELEASE - MONROE, MI, JANUARY 9, 2007 - MBT Financial Corp.
(NASDAQ: MBTF) announced today that its Board of Directors authorized the
repurchase of up to 1 million shares of its common stock. This represents 6.0%
of the company's outstanding common shares. Repurchases may be conducted from
time to time in the open market or through privately negotiated transactions.
This authorization expires December 31, 2007 and replaces the previous
authorization to repurchase up to 2 million shares which expired on December 31,
2006. Under that authorization, 228,174 shares were purchased in privately
negotiated block transactions and 271,800 shares were purchased on the open
market.

"This share repurchase plan demonstrates MBT Financial Corp.'s commitment to
enhancing shareholder value and utilizing the company's capital in an efficient
manner," stated Doug Chaffin, President & CEO of MBT Financial Corp. and Monroe
Bank & Trust.

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 full service community banks in
Southeast Michigan, with more than $1.5 billion in assets, offering personal and
business products and services, and complete credit options. MBT's Wealth
Management Group is one of the areas largest trust departments with over $800
Million in assets under management.

With 26 offices, 38 ATMs, PhoneLink telephone banking and eLink online banking,
MBT prides itself on an incomparable level of service and access for its
customers. Visit MBT's web site at www.MBandT.com.