First National Bancshares Inc. Reports Cash Dividend, and Year End and 4th Quarter Results

First National Bancshares Inc. (Nasdaq:FBMT), a
Bradenton based holding company and parent of 1st National Bank &
Trust has announced approval of a cash dividend of $.1625 per share,
payable April 10, 2006 to shareholders of record March 31, 2006. The
company also announced preliminary year-end 2005 results and earnings
for the 4th quarter 2005.

   Year-End Preliminary Results:

   Net income increased 9% to $3.47 million, compared to $3.18
million that was reported at year-end 2004. Income for this period
represents the highest earnings in the company's history. Undiluted
earnings per average share for the year ending December 31, 2005 were
$1.03 compared to $.98 for the 12 months ending December 31, 2004.
This is after $99 thousand ($.03 per share) of after tax expenses
related to the pending merger with Whitney Holding Corporation of New
Orleans, parent company of Whitney National Bank.
   Total bank assets increased 19% from $317 million to $378 million.
Loans increased 20% from $236 million to $285 million and deposits
plus repurchase agreements grew 21% from $272 million to $329 million.

   Quarterly Preliminary Earnings Results:

   Earnings for the fourth quarter ending December 31, 2005 were $698
thousand compared to $984 thousand for the fourth quarter 2004.
Undiluted earnings per share for quarter ending December 31, 2005 were
$.21 compared to $.30 for the fourth quarter 2004 including the same
$.03 per share in merger related expenses which all occurred in the
fourth quarter of 2005.

   Pending Merger with Whitney Holding Corporation:

   It is anticipated that the proxy statement/prospectus for the
proposed merger will be mailed to the shareholders in early March.
This document will describe the transaction in detail and intends to
call for a shareholder meeting in early April. Assuming shareholder
and regulatory approval, we expect to close the transaction in mid to
late April.
   First National Bancshares is located in Bradenton, Florida. More
information can be obtained through the bank's web site at
http://www.firstnbt.com, or on line through the stock symbol FBMT.

   Forward Looking Statements

   This press release may contain "forward-looking statements" within
the meaning of, and pursuant to, the safe-harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can generally be identified as such because
the context of the statement will include words such as "believes,"
"anticipates" or "expects," or words of similar import. Such
forward-looking statements are subject to certain risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated. Forward-looking statements, which
are made in good faith, are based upon numerous assumptions, some of
which may be specifically described with respect to a particular
statement. Some of the more important assumptions include statements
about the anticipated timing and completion of the merger between
First National Bancshares and Whitney. Additionally, other assumptions
include expectations about overall economic conditions, expectations
about the movement of interest rates, reliance on existing or
anticipated changes in laws and regulations, adverse movements and
volatility in debt and equity capital markets, political conditions
and related actions by the United States military, and expectations
about the nature and level of competition and changes in customer
behavior and customer preferences. Because it is uncertain whether
future conditions and events will confirm these assumptions, there is
a risk that future results will differ materially from what is stated
in or implied by such forward-looking statements. First National
Bancshares cautions the reader to consider this risk. First National
Bancshares undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or developments or for any other reason. For further
information regarding either company, please read First National
Bancshares and Whitney reports filed with the Securities and Exchange
Commission and available at www.sec.gov.

   Participants in This Transaction

   For information regarding persons who may be deemed participants
in the solicitation of proxies from shareholders in connection with
this transaction, see First National Bancshares' Current Report on
Form 8-K filed on July 28, 2005.

   Where You Can Find Additional Information about This Transaction

   Whitney has filed a Registration Statement on Form S-4 and Whitney
and First National Bancshares will file other relevant documents
concerning the merger with the SEC. First National Bancshares will
mail the Proxy Statement-Prospectus to its shareholders. SHAREHOLDERS
ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT
WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH
THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS,
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
   You may obtain copies of all documents filed with the SEC
regarding the merger, free of charge, at the SEC's website
(www.sec.gov). In addition, you may also obtain these documents, free
of charge, from Whitney by contacting Investor Relations, Whitney
Holding Corporation, P. O. Box 61260, New Orleans, LA 70161-1260, and
from First National Bancshares, Inc. by contacting Angela O'Reilly,
Senior Vice President, 4770 State Road 64 East, Bradenton, FL 34208.
This press release does not constitute an offer to buy, or a
solicitation to sell, shares of any security or the solicitation of
any proxies from shareholders of the Company.