America’s Community Bankers

Investor Conference

New York, NY •

November 9-10, 2005

Exhibit

99.1

Forward-Looking Statements

FNB Corp. has made forward-looking statements in the

accompanying presentation materials that are subject to risks

and uncertainties.  These statements are based on the beliefs

and assumptions of the management of FNB Corp., and on the

information available to management at the time the

presentation materials were prepared.  These forward-looking

statements involve certain risks and uncertainties, including a

variety of factors that may cause FNB Corp’s actual results to

differ materially from the anticipated results or other

expectations expressed in such forward-looking statements. 

Readers are cautioned not to place undue reliance on these

forward-looking statements and are advised to carefully review

the risk factors described in other documents that FNB Corp.

files from time to time with the Securities and Exchange

Commission, including the Quarterly Reports on Form 10-Q, the

Annual Report on Form 10-K, and other required filings.

Overview

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

FNB Corp. Overview

•

Headquarters

Asheboro, NC

•

Listing

NASDAQ NM

•

Symbol

FNBN

•

Numbers

-

Assets

$930+ Million**

-

Shares Outstanding

5.626 Million

-

Insider Ownership

10.7%

-

Institutional Ownership

6.07%

-

Market Cap (October 27, 2005)

$102 Million

•

Annual Cash Dividend

$0.60

**Not including announced United or Integrity mergers

Corporate Structure

FNB Corp. (NC)

Founded May 1985

First National Bank and Trust

Company *

Founded December 1907

Dover Mortgage Company

Founded May 1986

Acquired by FNB April 2003

*Acquisitions:

Richmond Savings Bank –

April 2000

Rowan Bank –

August 2002

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Service Areas

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Latest News

United Financial Acquisition:   11/4/2005

Assets:

$

150 

Million

Loans:

$

101 

Million

Deposits:

$

112 

Million

FNB Corp. / United Financial Combined

Assets:

$

1.080

Billion

Loans:

$

790+

Million

Deposits:

$

820+

Million

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Major Loan Classifications

24%

22%

25%

17%

9%

3%

Commercial/Industrial

Residential Real Estate

Commercial Real Estate

Real Estate Construction

Home Equity Line

Consumer

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Major Funding Classifications

8%

51%

12%

18%

11%

DDA

NOW

MM,SAV,Repo

CD / IRA

FHLB

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Competitive Advantages

•

Only community bank in North Carolina with

local, full-service Wealth Management team.

•

Our business bankers have an average of 25

years of experience each.

•

We make mortgage loan decisions in less than

24 hours through our “First Reply”

program.

•

Practice, practice, practice!  In 2004, spent

average of $635 training dollars on each of our

employees.

•

In-house operations -

99% of our customer

statements in the mail the first business day

after cut-off.

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Operating

Performance

Asset Growth

594

754

773

863

931

2001

2002

2003

2004

2005

(Millions)

11.89%

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

392

502

552

665

708

2001

2002

2003

2004

2005

Loan Growth

15.93%

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

(Millions)

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Deposit Growth

480

592

598

660

721

2001

2002

2003

2004

2005

10.71%

(Millions)

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

77%

Deposit HH

12-01 to 12-04

78%

Total HH

46%

Core

32%

Core

59%

Loan HH

37%

Core

Household Growth

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Net Income

6,728

8,200

8,400

6,598

7,137

2001

2002

2003

2004

2005

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Earnings Per Share

1.32

1.58

1.43

1.13

1.24

2001

2002

2003

2004

2005

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Return On Assets

1.15%

1.25%

1.07%

0.80%

1.06%

2001

2002

2003

2004

2005

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Return On Tangible Equity

11.63%

13.99%

13.25%

8.00%

13.82%

2001

2002

2003

2004

2005

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

NPA's

and Classified Loans

1.49%

5.66%

1.34%

3.14%

1.30%

2.51%

0.90%

2.27%

0.91%

2.05%

2001

2002

2003

2004

2005

NPA

Classified Loans

*Excludes loans held for sale

9/30/2005 unaudited

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Loan Loss Reserve

and Charge-Off Ratios

1.17%

1.22%

1.13%

1.12%

1.16%

0.28%

0.26%

0.33%

0.47%

0.09%

2001

2002

2003

2004

9/30/2005 unaudited,

annualized

Reserve*/ Gross Loan

Net Charge Offs*

*Excludes reserves for, and losses from, overdrafts (effective 2005 ONLY)

Franchise

Value

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Strong Points

Consistent Financial Performance

Long Term Focus

Growth Orientation

Good Markets / Good State

De Novo Offices

Productive lines of business

Selective Prudent Acquisitions

“YES!”

Branding Program

Dividend History

0.26

0.33

0.38

0.45

0.51

0.51

0.53

0.58

0.59

0.60

95

96

97

98

99

00

01

02

03

04

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Franchise Growth

Growth -

United Financial, Inc.

•

A $150 Million Company headquartered in

Graham, NC

•

Operating subsidiary -

Alamance Bank -

chartered September 1998.

•

Three full service banking offices along

Interstate 40/85 corridor

•

Graham

•

Burlington

•

Hillsborough

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Growth Plans

Growth -

Integrity Financial, Inc.

•

A $668 Million Company headquartered in

Hickory, NC

•

Operating subsidiaries:

–

Catawba Valley Bank, Hickory, NC

–

First Gaston Bank in Gastonia, NC

–

Integrity Securities, Inc. a full service

brokerage office in Hickory, NC

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Growth and Expansion

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Franchise Growth

•

Pro-forma Foot Print -

From Central and

Southern Piedmont and the Sandhills

to the Foothills and Mountains of 

Western NC

•

Located in 17 growing counties

•

43 banking offices in 31 communities

•

Strategically located along Interstates

corridors  of  I-85, I-40, I-77, I-73/74

and U.S.64 and U.S.421 Highways

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Franchise Growth

•

Asset: $1.8 Billion

•

Loans: $1.3 Billion

•

Deposits: $1.3 Billion

•

Market Cap: $200 Million+

•

Top 10 in North Carolina in

Assets and Deposits

FNB UNITED CORP.

Pro-forma Combined Company Franchise

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Pro-forma Franchise

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Franchise Growth

•

Partners bring attractive customer base

•

Merger adds scale and brings new

product and service opportunities in

broad, growing markets

•

Enhances shareholder value through

new earnings opportunities

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

YES!

Branding

First National is the YES! Bank.  It is plainly stated in our

Yes you can

®

—Yes we can

®

trademarks.  It is reflected in

the design of our logo and corporate mascot, Jack.  And it

is repeated in our customer service programs, company

spirit campaigns and marketing messages.  But more than

a

motto,

YES!

is

our

promise

to

exceed

your

expectations

through better banking and outstanding service.  It

empowers our employees and describes who we are and

what

we

do.

Yes

customers

can.

Yes

communities

can.

Yes

schools

can.

Yes

your

future

can.

Because

we

can.

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Core

Strategies

Core Strategies

•

Credit

Quality

•

Core

Deposit

Emphasis

•

Growth

Strategy

•

Increased

Penetration

of

Current

Markets

•

New

Markets

and

Prudent

Acquisitions

•

“Experience”

Retail

•

“Yes”

®

Branding

–

Yes

you

can®

Yes

we

can®

•

Continue

to

Build

Performance

Culture

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Loan Loss Reserve

and Charge-Off Ratios

1.17%

1.22%

1.13%

1.12%

1.16%

0.28%

0.26%

0.33%

0.47%

0.09%

2001

2002

2003

2004

9/30/2005 unaudited,

annualized

Reserve*/ Gross Loan

Net Charge Offs*

*Excludes reserves for, and losses from, overdrafts (effective 2005 ONLY)

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Core Deposit Growth

0%

20%

40%

60%

80%

100%

2001

2002

2003

2004

Non-interest bearing deposits

Transaction accounts

MMDA & savings accounts

Retail time deposits

Jumbo time deposits

As of

9/30/2005

Projected Population Growth

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Experience Retail

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Customer Service

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Performance Culture

Performance Compensation for

STAKEHOLDERS™

•

Maximize long-term value of organization

•

Team orientation -

universal participation

•

Coaching and communication

•

Educational program

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Fun and Friendly

Yes!

Bank

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Performance: Team Focus

Investor

Opportunity

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Investor Opportunity

•

Good Markets / Good State

•

Personnel, Capital, Products

and Systems Required for

Sustainable, Profitable Growth

•

Good Franchise Elements

•

Current Market Valuation

Investor Opportunity

146.96

224.50

118.93

189.48

Price / Book (%)

Price / Tang.Book

(%)

FNB Corp.

FNB Corp.

*SNL Data SE Publicly traded banks between $500 million and $2 billion as of 10/27/2005

Peer Group*

Peer Group*

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

Investor Opportunity

11.18

16.90

3.29

1.58

Current Dividend Yield (%)

Price / LTM EPS (X)

Overview

Operating Performance

Franchise Value

Core Strategies

Investor Opportunity

FNB Corp.

FNB Corp.

*SNL Data SE Publicly traded banks between $500 million and $2 billion as of 10/27/2005

Peer Group*

Peer Group*

America’s Community Bankers

Investor Conference

New York, NY •

November 9-10, 2005