Exhibit 99.1
PRESS RELEASE

FOR IMMEDIATE RELEASE

Date:		February 4, 2009
Company:	First National Bank
		112 West Market Street
                Orrville, Ohio 44667
Contact:	David C. Vernon
		President and CEO
Phone:		330.682.1010
Fax:		330.682.4644

FIRST NATIONAL BANK ANNOUNCES THE SECURITIZATION OF
MORTGAGE LOANS

ORRVILLE, Ohio, February 4, 2009 ~ During the quarter ended December 31, 2008,
the Bank securitized $20.9 million single-family residential mortgage loans
formerly held in its mortgage loan portfolio, with Freddie Mac. The Bank has
recorded the securities as available for sale and continues to service the
loans. The securitization increased the Bank`s liquidity as the securities
are readily marketable, eliminated credit risk on the loans and increased
the Bank`s risk based capital ratio. As a result of the securitization,
net single-family residential mortgage loan balances declined $20.8 million,
the loan servicing asset increased $132 thousand and securities available
for sale increased $20.8 million. The unrealized gain on the securities at
December 31, 2008 was $840 thousand which increased the Bank`s capital by
$554 thousand.


First National Bank, a federally chartered national bank formed in
Ohio in 1881 is the subsidiary of National Bancshares Corporation.
First National Bank has thirteen offices in Orrville, Wooster, Massillon,
Dalton, Kidron, Smithville, Apple Creek, Mt. Eaton, Lodi and Seville.
Additional information is available at www.fnborrville.com.


Forward-looking Statements ~ This press release contains forward-looking
statements as referenced in the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are necessarily subject to many risks
and uncertainties. A number of things could cause actual results to differ
materially from those indicated by the forward-looking statements.  These
include factors such as changes in the competitive marketplace,
changes in the interest rate environment, economic conditions, changes
in the regulatory environment, changes in business conditions and
inflation, risks associated with credit quality and other factors
discussed in the Company`s filings with the Security and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2007. The Company disclaims any obligation to
publicly update or revise any forward-looking statements on the
occurrence of future events, the receipt of new information,
or otherwise.