**EXHIBIT      99.2**

**AMENDMENT      # 1**

**FNB      Southeast 401(k) Retirement Plan**

***FNB      Southeast 401(k) Retirement***

** **
***Plan***

**PREAMBLE**

**Effective      Date of Amendment**

|   | **Section                1.1                Accounts.  Sub-section 1.1(b) shall be amended and                restated in its entirety as                follows:** |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Section      1.1(b)**
**Non-Elective      Account**
** **

|   | (i) | **Matching                Account** means the account established for a Participant to                include Employer Matching Contributions that are not Safe Harbor                Matching Contributions as provided for in subsection (iii) below,                and any                earnings thereon, made by the Employer as provided in Section                4.1(b)(i). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | **Profit                Sharing Account** means the account established for a Participant                to include any discretionary Profit Sharing Contributions, and any                earnings thereon, made by the Employer as provided in Section                4.1(c). |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | **Safe                Harbor Account**means                the                account established for a Participant to include any Employer “safe                harbor” Matching Contribution, matching or otherwise, made by the Employer                as provided in Section                4.1(b)(ii). |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **Section                4.1 Formula for                Determining Employer Contributions: This section shall be amended                as follows:   Section 4.1(b) shall be amended in its                entirety as follows:** |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | Non-Safe                Harbor Matching Contributions: The Employer may elect from time to                time to make non-safe harbor matching contributions. Any such in                Employer                Matching Contributions shall be in an amount as determined by the                Employer’s Board of Directors. Any Employer Matching Contributions shall                be considered a Non-Elective Contribution and shall be based on no                more                than the first six percent (6%) of Compensation that a Participant                defers                per pay period. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | Safe                Harbor Matching Contributions- Effective August 1, 2007 and until                such date that the Board determines otherwise, the Employer shall                make an                Employer Matching Contribution (herein called a “Safe Harbor Match”) in an                amount equal to $1.00 for each $1.00 that a Participant defers on                the                first three percent (3%) of his Compensation; plus an additional                Employer                Matching Contribution of $.50 for each $1.00 that a Participant defers                on                the next two percent (2%) of his                Compensation. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | The                amount of the Matching Contributions shall be determined based on                the                amount that a Participant defers per pay                period. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **Section                4.5 is amended                by adding the following Sentence****.** |
|--------|------------------------------------------------------------------------------------------------|

|   | **Section                4.6 is amended                by adding the following                Sentence**. |
|--------|-----------------------------------------------------------------------------------------------------------|

|   | **Section                4.7 is amended                by adding the following Sentence****.** |
|--------|------------------------------------------------------------------------------------------------|

|   | **Section                4.8 is amended                by adding the following                Sentence****.** |
|--------|---------------------------------------------------------------------------------------------------------------|

**REMAINDER      OF PAGE INTENTIONALLY LEFT BLANK**

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|   | **Section                6.4 Determination of Vesting.  Sub-section 6.4(b) Vesting-                is amended with the revised paragraph as                follows:** |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **Years                of****Vesting                Service** | **Safe                Harbor****Match                Account** | **Non-Safe                Harbor****Match                Account** | **Profit                Sharing****Account** |
|---------------------------------------------------------------|----------------------------------------------------------------|--------------------------------------------------------------------|----------------------------------------------|
| Less                than 112345                or more        | 100%100%100%100%100%100%                                       | 0%20%40%60%80%100%                                                 | 0%20%40%60%80%100%                           |

*FNB Southeast 401(k) Retirement*
* *

*Plan*
*** ***

|   |                                                  |   |
|--------|-------------------------------------------------------|--------|
|   | **FNB                Financial Services Corporation** |
|   | **and                FNB Southeast**                  |
|   |                                                  |   |
|   | By:                                                   |   |
|   |                                                  |   |
|   | Pressley                A. Ridgill                    |
|   | President                and Chief Executive Officer  |
|   |                                                  |   |