Exhibit 99.1

                                   FNB BANCORP
                               975 El Camino Real
                          South San Francisco, CA 94080



                                  NEWS RELEASE
                                  ------------

For Immediate Release                                     Contact: Sue D'Augusta
                                                                    650 875-4860

              First National Bank of Northern California Announces
                           Creation of Holding Company


         South San Francisco, CA: March 18, 2002: FIRST NATIONAL BANK of
NORTHERN CALIFORNIA completed its plan of reorganization with FNB BANCORP
effective as of the close of business on March 15, 2002. The Bank shareholders
approved the restructure by a 74.81% margin of all shares outstanding and a 98%
margin of votes cast at a special shareholders meeting held on February 27,
2002. The trading symbol for the common stock of FNB Bancorp is "FNBG." The
stock is traded over-the-counter and quoted on the OTC Bulletin Board.

         FNB Bancorp is a bank holding company with its head offices located at
975 El Camino Real, South San Francisco, CA 94080. The corporate officers are:
Michael R. Wyman, Chairman; Thomas C. McGraw, Chief Executive Officer and
Secretary; Jim D. Black, President; Anthony J. Clifford, Executive Vice
President and Chief Operating Officer: and James B. Ramsey, Senior Vice
President and Chief Financial Officer.

         FNB Bancorp's subsidiary, First National Bank of Northern California,
operates full-service commercial banking offices in the Northern California
cities of Colma, Daly City, South San Francisco, Millbrae, Pacifica, Half Moon
Bay, San Mateo, Redwood City and Pescadero, and at the Flower Mart in San
Francisco.

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CAUTIONARY STATEMENT: This release contains certain forward-looking statements
that are subject to risks and uncertainties that could cause actual results to
differ materially from those stated herein. Management's assumptions and
projections are based on their anticipation of future events and actual
performance may differ materially from those projected. Risks and uncertainties
which could impact future financial performance include, among others, (a)
competitive pressures in the banking industry; (b) changes in the interest rate
environment; (c) general economic conditions, either nationally or regionally or
locally, including fluctuations in real estate values; (d) changes in the
regulatory environment; (e) changes in business conditions or the securities
markets and inflation; (f) possible shortages of gas and electricity at utility
companies operating in the State of California, and (g) the effects of
terrorism, including the events of September 11, 2001, and thereafter, and the
conduct of war on terrorism by the United States and its allies. Therefore, the
information set forth herein, together with other information contained in the
periodic reports filed by FNB Bancorp with the Securities and Exchange
Commission, should be carefully considered when evaluating its business
prospects. FNB Bancorp undertakes no obligation to update any forward-looking
statements contained in this release.

For further information contact:

James B. Ramsey
Senior Vice President & Chief Financial
Officer
Tel: (650) 875-4862     Fax: (650) 588-9695


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