FORM 10-Q


                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


(Mark One)

    [X]   QUARTERLY  REPORT  PURSUANT  TO SECTION 13 OR 15(d) OF THE  SECURITIES
          EXCHANGE ACT OF 1934

                  For the quarterly period ended June 30, 2005

                                       OR

   [ ]    TRANSITION  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES
          EXCHANGE ACT OF 1934

              For the transition period from _________ to ________





                         Commission file number: 2-96350


                                 CNB Corporation
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)


    South Carolina                                          57-0792402
-------------------------------------       -----------------------------------
(State or other jurisdiction                (I.R.S. Employer Identification No.)
 of incorporation or organization)

P.O. Box 320, Conway, South Carolina                               29528
-----------------------------------------                        ----------
(Address of principal  executive offices)                        (Zip Code)


      (Registrant's telephone number, including area code): (843) 248-5721

      Indicate by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

      Indicate by check mark whether the registrant is an accelerated  filer (as
defined in Rule 12b-2 of the Exchange Act).Yes [X] No [ ]

State the number of shares  outstanding of each of the issuer's shares of common
equity as of the latest  practical  date:  788,419  shares of common stock,  par
value $10 per share, July 31, 2005.





<PAGE>



CNB Corporation
                                                                            Page

Forward-Looking Statements ...............................................     1

PART I.  FINANCIAL INFORMATION

Item 1  Financial Statements:

        Consolidated Balance Sheets as of June 30, 2005,
        December 31, 2004 and June 30, 2004 ..............................     2

        Consolidated Statement of Income for the Three Months
        and Six Months Ended June 30, 2005 and 2004 ......................     3

        Consolidated Statement of Comprehensive Income
        for the Three Months and Six Months Ended June 30, 2005 and 2004 .     4

        Consolidated Statement of Changes in Stockholders'
        Equity for the Six Months Ended June 30, 2005 and 2004 ...........     5

        Consolidated Statement of Cash Flows for the Six Months
        Ended June 30, 2005 and 2004 .....................................     6

        Notes to Consolidated Financial Statements .......................  7-14

Item 2. Management's Discussion and Analysis of Financial
               Condition and Results of Operations ....................... 15-24

Item 3. Qualitative and Quantitative Disclosures About Market Risk .......    24

Item 4. Controls and Procedures ..........................................    24


PART II. OTHER INFORMATION

Item 1.  Legal Proceedings ...............................................    25

Item 4.  Submission of Matters to a Vote of Security Holders .............    25

Item 5.  Other Information ...............................................    25

Item 6.  Exhibits ........................................................    25


SIGNATURE ................................................................    26













<PAGE>



                           Forward-Looking Statements

     Statements  included in this report which are not  historical in nature are
intended to be, and are hereby  identified as  "forward-looking  statements" for
purposes of the safe harbor  provided by Section 21E of the Securities  Exchange
Act  of  1934,  as  amended.   Forward-looking   statements  include  statements
concerning plans, objectives,  goals,  strategies,  future events or performance
and underlying  assumptions and other statements which are other than statements
of historical facts. Such forward-looking statements may be identified,  without
limitation,  by the use of the  words  "anticipates,"  "believes,"  "estimates,"
"expects," "intends," "plans," "predicts,"  "projects," and similar expressions.
The Company's expectations,  beliefs, estimates and projections are expressed in
good faith and are believed by the Company to have a reasonable basis, including
without  limitation,  management's  examination of historical  operating trends,
data  contained in the  Company's  records and other data  available  from third
parties, but there can be no assurance that management's expectations,  beliefs,
estimates or projections will result or be achieved or accomplished.

     The Company cautions  readers that  forward-looking  statements,  including
without  limitation,  those  relating  to the  Company's  recent and  continuing
expansion, its future business prospects,  revenues, working capital, liquidity,
capital needs,  interest costs,  income,  and adequacy of the allowance for loan
losses,  are subject to risks and uncertainties  that could cause actual results
to differ materially from those indicated in the forward-looking statements, due
to several important factors herein  identified,  among others,  and other risks
and factors identified from time to time in the Company's reports filed with the
Securities and Exchange Commission.

     The Company  undertakes  no  obligation  to  publicly  update or revise any
forward-looking  statements,  whether  as a result  of new  information,  future
events or otherwise.


































                                       1
<PAGE>

PART I.

Item 1. Financial Statements

                         CNB Corporation and Subsidiary
                           Consolidated Balance Sheets
            (All Dollar Amounts, Except Per Share Data, in Thousands)

<TABLE>
<CAPTION>

ASSETS:                                                                             June 30,          December 31,        June 30,
                                                                                      2005                2004              2004
                                                                                      ----                ----              ----
                                                                                    (Unaudited)                          (Unaudited)
<S>                                                                                 <C>                <C>                <C>
    Cash and due from banks ...............................................         $  31,047          $  25,793          $  24,100
    Investment Securities .................................................             4,300              4,519              5,440
      (Fair values of $4,464 at June 30, 2005, $4,765 at
       December 31, 2004, and $5,685 at June 30, 2004)
    Securities Available for Sale .........................................           192,445            209,994            189,133
      (Amortized cost of $193,574 at June 30, 2005,
      $208,771 at December 31, 2004, and $189,356 at
      June 30, 2004)
    Federal Funds sold and securities purchased under
      agreement to resell .................................................            16,000                  -             31,000
    Loans:
       Total loans ........................................................           451,732            406,983            390,303
       Less allowance for possible loan losses ............................            (5,602)            (5,104)            (4,861)
                                                                                    ---------          ---------          ---------
         Net loans ........................................................           446,130            401,879            385,442
    Bank premises and equipment ...........................................            17,972             17,628             17,894
    Other assets ..........................................................            13,176             11,756             11,162
                                                                                    ---------          ---------          ---------
Total assets ..............................................................         $ 721,070          $ 671,569          $ 664,171
                                                                                    =========          =========          =========

LIABILITIES AND STOCKHOLDERS' EQUITY:

    Deposits:
       Non-interest bearing ...............................................         $ 134,034          $ 118,580          $ 123,449
       Interest-bearing ...................................................           481,480            441,784            441,027
                                                                                    ---------          ---------          ---------
          Total deposits ..................................................           615,514            560,364            564,476
                                                                                    ---------          ---------          ---------
    Federal funds purchased and securities sold under
          agreement to repurchase .........................................            28,746             33,950             29,087
    Other short-term borrowings ...........................................             1,234              2,895              1,652
    Other liabilities .....................................................             4,726              6,775              3,038
                                                                                    ---------          ---------          ---------
 Total liabilities ........................................................           650,220            603,984            598,253
                                                                                    ---------          ---------          ---------

   Stockholders' equity:
      Common stock, par value $10 per share: ..............................             7,898              7,898              7,182
         Authorized 1,500,000 in 2005 and 2004; issued
         789,774 at June 30, 2005, and at December 31, 2004,
         and 718,246 at June 30, 2004
       Surplus ............................................................            43,543             43,543             34,815
       Undivided Profits ..................................................            20,265             15,558             24,154
       Net Unrealized Holding Gains (Losses) ..............................              (678)               734               (133)
         On Available-For-Sale Securities
       Less: Treasury stock ...............................................              (178)              (148)              (100)
                                                                                    ---------          ---------          ---------
   Total stockholders' equity .............................................            70,850             67,585             65,918
                                                                                    ---------          ---------          ---------
Total liabilities and stockholders' equity ................................         $ 721,070          $ 671,569          $ 664,171
                                                                                    =========          =========          =========
</TABLE>


                                       2
<PAGE>

                         CNB Corporation and Subsidiary
                        Consolidated Statement of Income
            (All Dollar Amounts, Except Per Share Data, in Thousands)
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                 Three Months Ended            Six Months Ended
                                                                                      June 30,                      June 30,
                                                                                      --------                      --------
                                                                               2005            2004            2005           2004
                                                                               ----            ----            ----           ----
Interest Income:
<S>                                                                         <C>             <C>             <C>             <C>
  Interest and fees on loans .......................................        $  7,349        $  5,927        $ 14,152        $ 11,656
  Interest on investment securities:
    Taxable investment securities ..................................           1,643           1,618           3,332           3,234
    Tax-exempt investment securities ...............................             226             240             456             485
  Interest on federal funds sold and securities
    purchased under agreement to resell ............................             184              58             247             104
                                                                            --------        --------        --------        --------
      Total interest income ........................................           9,402           7,843          18,187          15,479
                                                                            --------        --------        --------        --------
Interest Expense:
  Interest on deposits .............................................           2,233           1,583           4,088           3,133
  Interest on federal funds purchased and securities
     Sold under agreement to repurchase ............................             133              65             279             132
  Interest on other short-term borrowings ..........................               7               2              11               4
                                                                            --------        --------        --------        --------

      Total interest expense .......................................           2,373           1,650           4,378           3,269
                                                                            --------        --------        --------        --------
  Net interest income ..............................................           7,029           6,193          13,809          12,210
                                                                            --------        --------        --------        --------
  Provision for loan losses ........................................             250             210             535             445
                                                                            --------        --------        --------        --------

  Net interest income after provision for loan losses ..............           6,779           5,983          13,274          11,765
                                                                            --------        --------        --------        --------
  Other income:
    Service charges on deposit accounts ............................             874             901           1,700           1,759
    Gains on sale of securities available-for-sale .................               0               0               2               0
    Other operating income .........................................             805             725           1,425           1,221
                                                                            --------        --------        --------        --------
        Total other income .........................................           1,679           1,626           3,127           2,980
                                                                            --------        --------        --------        --------

  Other expenses:
    Salaries and employee benefits .................................           3,039           2,682           6,029           5,363
    Occupancy expense ..............................................             656             603           1,336           1,208
    Other operating expenses .......................................           1,109           1,151           2,037           2,060
                                                                            --------        --------        --------        --------
        Total operating expenses ...................................           4,804           4,436           9,402           8,631
                                                                            --------        --------        --------        --------
  Income before income taxes .......................................           3,654           3,173           6,999           6,114
                                                                            --------        --------        --------        --------
    Income tax provision ...........................................           1,182           1,140           2,294           2,072
                                                                            --------        --------        --------        --------
  Net income .......................................................           2,472           2,033           4,705           4,042
                                                                            ========        ========        ========        ========


* Per share data:
   Net income per weighted average shares outstanding ..............        $   3.13        $   2.57        $   5.97        $   5.12
                                                                            ========        ========        ========        ========

   Cash dividend paid per share ....................................        $      0        $      0        $      0        $      0
                                                                            ========        ========        ========        ========

   Book value per actual number of shares outstanding ..............        $  89.86        $  83.51        $  89.86        $  83.51
                                                                            ========        ========        ========        ========

   Weighted average number of shares outstanding ...................         788,538         789,241         788,538         789,241
                                                                            ========        ========        ========        ========

   Actual number of shares outstanding .............................         788,427         789,294         788,427         789,294
                                                                            ========        ========        ========        ========
</TABLE>

*Adjusted for the effect of a 10% stock dividend issued during 2004.




                                       3
<PAGE>

                         CNB Corporation and Subsidiary
                 Consolidated Statements of Comprehensive Income
            (All Dollar Amounts, Except Per Share Data, in Thousands)
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                   Three Months                    Six Months
                                                                                      Ended                          Ended
                                                                                     June 30,                       June 30,
                                                                                     --------                       --------
                                                                               2005           2004            2005            2004
                                                                               ----           ----            ----            ----

<S>                                                                          <C>            <C>             <C>             <C>
Net Income ..........................................................        $ 2,472        $ 2,033         $ 4,705         $ 4,042
Other comprehensive income, net of tax

    Unrealized gains/(losses) on securities:

    Unrealized holding gains/(losses) during period .................            258         (3,219)         (1,412)         (2,764)

                                                                             -------        -------         -------         -------
Net Comprehensive Income/(Loss) .....................................        $ 2,730        $(1,186)        $ 3,293         $ 1,278
                                                                             =======        =======         =======         =======
</TABLE>























                                       4
<PAGE>

                         CNB Corporation and Subsidiary
            Consolidated Statement of Changes in Stockholders' Equity
                        (All Dollar Amounts in Thousands)
                                   (Unaudited)


                                                            Six Months Ended
                                                                June 30,
                                                                --------
                                                           2005           2004
                                                           ----           ----
Common Stock:
($10 par value; 1,500,000 shares authorized)
Balance, January 1 .................................     $  7,898      $  7,182
Issuance of Common Stock ...........................         None          None
                                                         --------      --------
Balance at end of period ...........................        7,898         7,182
                                                         --------      --------

Surplus:
Balance, January 1 .................................       43,543        34,801
Issuance of Common Stock ...........................         None          None
Gain on sale of Treasury stock .....................            0            14
                                                         --------      --------
Balance at end of period ...........................       43,543        34,815
                                                         --------      --------

Undivided profits:
Balance, January 1 .................................       15,559        20,113
Net Income .........................................        4,705         4,042
Cash dividends declared ............................         None          None
                                                         --------      --------
Balance at end of period ...........................       20,265        24,154
                                                         --------      --------

Net unrealized holding gains/(losses) on
  Available-for-sale securities:
Balance, January 1 .................................          734         2,631
Change in net unrealized gains/(losses) ............       (1,412)       (2,764)
                                                         --------      --------
Balance at end of period ...........................         (678)         (133)
                                                         --------      --------

Treasury stock:
Balance, January 1 .................................         (148)         (104)
  (1,129 shares in 2005; 837 shares in 2004)
Purchase of treasury stock .........................          (29)         (142)
Reissue of treasury stock ..........................            0           146
                                                         --------      --------
Balance at end of period ...........................         (178)         (100)
                                                         --------      --------
  (1,347 shares in 2005; 706 shares in 2004)
                                                         --------      --------
Total stockholders' equity .........................     $ 70,850      $ 65,918
                                                         ========      ========

Note:  Columns may not add due to rounding.








                                       5
<PAGE>


                         CNB CORPORATION AND SUBSIDIARY
                      CONSOLIDATED STATEMENT OF CASH FLOWS
                        (All Dollar Amounts in Thousands)
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                                                          For the Six months ended
                                                                                                                    June 30,
                                                                                                                    --------
                                                                                                              2005            2004
                                                                                                              ----            ----
OPERATING ACTIVITIES
<S>                                                                                                       <C>              <C>
  Net Income .....................................................................................        $  4,705         $  4,042
  Adjustments to reconcile net income to net cash provided by operating activities
    Depreciation and amortization ................................................................             499              422
    Provision for loan losses ....................................................................             535              445
    Provision for deferred income taxes ..........................................................          (1,491)          (1,986)
    Gain on sale of investment securities ........................................................              (2)               0
    (Increase) decrease in accrued interest receivable ...........................................            (335)             (68)
    (Increase) decrease in other assets ..........................................................             406             (745)
    Increase in other liabilities ................................................................           2,178            1,873
                                                                                                          --------         --------

        Net cash provided by operating activities ................................................           6,495            3,983
                                                                                                          --------         --------

INVESTING ACTIVITIES
  Proceeds from sale of investment securities available for sale .................................           4,002                0
  Proceeds from maturities/calls of investment securities held to maturity .......................             220            2,641
  Proceeds from maturities/calls of investment securities available for sale .....................          12,196           46,148
  Purchase of investment securities available for sale ...........................................          (1,000)         (57,678)
  Net increase in federal funds sold .............................................................         (16,000)         (30,000)
  Net increase in loans ..........................................................................         (44,749)         (28,269)
  Premises and equipment expenditures ............................................................            (843)          (1,248)
                                                                                                          --------         --------

        Net cash used for investing activities ...................................................         (46,174)         (68,406)
                                                                                                          --------         --------

FINANCING ACTIVITIES
  Dividends paid .................................................................................          (3,352)          (2,870)
  Net increase in deposits .......................................................................          55,150           61,363
  Net increase (decrease) in securities sold under repurchase agreement ..........................          (5,204)           4,327
  Net increase (decrease) in other short-term borrowings .........................................          (1,661)             682
                                                                                                          --------         --------

        Net cash provided by financing activities ................................................          44,933           63,502
                                                                                                          --------         --------

        Net increase (decrease) in cash and due from banks .......................................           5,254             (921)

CASH AND DUE FROM BANKS, BEGINNING OF YEAR .......................................................          25,793           25,021
                                                                                                          --------         --------

CASH AND DUE FROM BANKS, June 30, 2005 AND 2004 ..................................................        $ 31,047         $ 24,100
                                                                                                          ========         ========

CASH PAID FOR:
  Interest .......................................................................................        $  4,012         $  3,308
                                                                                                          ========         ========
  Income taxes ...................................................................................        $  1,778         $  2,072
                                                                                                          ========         ========
</TABLE>







                                       6
<PAGE>


CNB CORPORATION AND SUBSIDIARY (The "Company")

CNB CORPORATION (The "Parent")

THE CONWAY NATIONAL BANK (The "Bank")


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(All Dollar Amounts in Thousands)


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Net  income per share - Net  income  per share is  computed  on the basis of the
weighted average number of common shares  outstanding,  adjusted for a 10% stock
dividend  declared  in  September,  2004,  resulting  in 788,538  shares for the
six-month period ended June 30, 2005 and 789,538 shares for the six-month period
ended June 30, 2004.


NOTE 2 - RESTRICTIONS ON CASH AND DUE FROM BANKS

The Bank is required to maintain  average reserve balances either at the Bank or
on deposit with the Federal  Reserve Bank.  The average  amount of these reserve
balances  for the  six-month  period  ended June 30, 2005 and for the year ended
December 31, 2004 were approximately $16,423 and $15,392, respectively.





























                                       7
<PAGE>


NOTE 3 - INVESTMENT SECURITIES

Investment  securities  with a par value of  approximately  $113,195 at June 30,
2005 and $99,580 at December 31, 2004 were pledged to secure public deposits and
for other purposes required by law.

The following  summaries  reflect the book value,  unrealized  gains and losses,
approximate market value, and tax-equivalent  yields of investment securities at
June 30, 2005 and at December 31, 2004.

<TABLE>
<CAPTION>
                                                                                           June 30, 2005
                                                                                           -------------
                                                                                       (Dollars in Thousands)
                                                                 Book        Unrealized        Holding           Fair
                                                                 Value          Gains          Losses            Value      Yield(1)
                                                                 -----          -----          ------            -----      --------
AVAILABLE FOR SALE

  Federal agencies
<S>                                                            <C>             <C>             <C>             <C>             <C>
    Within one year ...................................        $ 25,056        $    184        $     30        $ 25,210        5.02%
    One to five years .................................         150,794             228           2,027         148,995        3.45
                                                               --------        --------        --------        --------        ----
                                                                175,850             412           2,057         174,205        3.68
                                                               --------        --------        --------        --------        ----

  Mortgage Backed Securities
    Over ten years ....................................             797               -              39             758        3.62
                                                               --------        --------        --------        --------        ----

  State, county and municipal
    Within one year ...................................           1,345              15               -           1,360        6.39
    One to five years .................................          11,356             308               -          11,664        5.92
    Six to ten years ..................................           3,895             232               -           4,127        6.89
                                                               --------        --------        --------        --------        ----
                                                                 16,596             555               -          17,151        6.19
                                                               --------        --------        --------        --------        ----

  Other-CRA Qualified Investment Fund .................             331               -               -             331           -
                                                               --------        --------        --------        --------        ----

  Total available for sale ............................        $193,574        $    967        $  2,096        $192,445        3.89%
                                                               ========        ========        ========        ========        ====

HELD TO MATURITY

  State, county and municipal
    Within one year ...................................        $    865        $     11            $  -        $    876        7.49%
    One to five years .................................           3,435             153               -           3,588        7.27
                                                               --------        --------        --------        --------        ----
                                                                  4,300             164               -           4,464        7.31
                                                               --------        --------        --------        --------        ----

    Total held to maturity ............................        $  4,300        $    164             $ -        $  4,464        7.31%
                                                               ========        ========        ========        ========        ====
</TABLE>

(1) Tax equivalent adjustment based on a 34% tax rate

As of June 30,  2005,  the Bank did not hold any  securities  of an issuer  that
exceeded 10% of stockholders' equity. The net unrealized holding  gains/(losses)
on  available-for-sale  securities component of capital is $(678) as of June 30,
2005.





                                       8
<PAGE>

NOTE 3 - INVESTMENT SECURITIES (Continued)

<TABLE>
<CAPTION>
                                                                                  December 31, 2004
                                                                                  -----------------
                                                                                (Dollars in Thousands)
                                                                 Book            Unrealized     Holding          Fair
                                                                 Value           Gains          Losses           Value      Yield(1)
                                                                 -----           -----          ------           -----      --------
AVAILABLE FOR SALE

  Federal agencies
<S>                                                            <C>             <C>             <C>             <C>             <C>
    Within one year ...................................        $ 22,082        $    354        $      -        $ 22,436        5.33%
    One to five years .................................         167,860             883             799         167,944        3.56
                                                               --------        --------        --------        --------        ----
                                                                189,942           1,237             799         190,380        3.76
                                                               --------        --------        --------        --------        ----

  State, county and municipal
    Within one year ...................................             480               1               -             481        5.33
    One to five years .................................          11,780             450               -          12,230        5.85
    Six to ten years ..................................           5,234             374               -           5,608        6.91
                                                               --------        --------        --------        --------        ----
                                                                 17,494             825               -          18,319        6.16
                                                               --------        --------        --------        --------        ----

  Mortgage Backed Securities
    Over ten years ....................................           1,013               -              40             973        3.62
                                                               --------        --------        --------        --------        ----

  Other-CRA Qualified Investment Fund .................             322               -               -             322           -
                                                               --------        --------        --------        --------        ----

  Total available for sale ............................        $208,771        $  2,062        $    839        $209,994        3.96%
                                                               ========        ========        ========        ========        ====

HELD TO MATURITY

  State, county and municipal
    Within one year ...................................        $    400        $      4        $      -        $    404        7.49%
    One to five years .................................           3,477             187               -           3,664        7.24
    Six to ten years ..................................             642              55               -             697        7.25
                                                               --------        --------        --------        --------        ----
                                                                  4,519             246               -           4,765        7.27
                                                               --------        --------        --------        --------        ----

    Total held to maturity ............................        $  4,519        $    246        $      -        $  4,765        7.27%
                                                               ========        ========        ========        ========        ====
</TABLE>

(1) Tax equivalent adjustment based on a 34% tax rate

As of December 31, 2004,  the Bank did not hold any securities of an issuer that
exceeded 10% of stockholders' equity. The net unrealized holding  gains/(losses)
on available-for-sale securities component of capital is $734 as of December 31,
2004.








                                       9
<PAGE>

NOTE 4 - LOANS AND ALLOWANCE FOR LOAN LOSSES

     The  following is a summary of loans at June 30, 2005 and December 31, 2004
by major classification:



                                                        June 30,    December 31,
                                                          2005          2004
                                                          ----          ----

Real estate loans - mortgage .....................     $ 289,303      $ 262,543
                  - construction .................        43,807         39,525
Commercial and industrial loans ..................        76,272         66,184
Loans to individuals for household,
  family and other consumer expenditures .........        38,338         35,583
Agriculture ......................................         2,665          1,582
All other loans, including overdrafts ............         1,347          1,566
                                                       ---------      ---------
     Gross loans .................................       451,732        406,983
                                                       ---------      ---------
       Less allowance for loan losses ............        (5,602)        (5,104)
                                                       ---------      ---------
         Net loans ...............................     $ 446,130      $ 401,879
                                                       =========      =========



























                                       10
<PAGE>


NOTE 4 - LOANS AND ALLOWANCE FOR LOAN LOSSES, continued

     Changes  in the  allowance  for  loan  losses  for the  quarter  ended  and
six-month  period  ended June 30, 2005 and 2004 and the year ended  December 31,
2004 are summarized as follows:

<TABLE>
<CAPTION>
                                                                         Quarter                   Six-Months
                                                                          Ended                       Ended                December,
                                                                         June 30,                     June 30,                 31,
                                                                         --------                     --------                 ---
                                                                     2005           2004          2005         2004           2004
                                                                     ----           ----          ----         ----           ----
<S>                                                                <C>            <C>           <C>           <C>           <C>
Balance, beginning of period ................................      $ 5,339        $ 4,706       $ 5,104       $ 4,524       $ 4,524
                                                                   -------        -------       -------       -------       -------
Charge-offs:
   Commercial, financial, and agricultural ..................           17             63            87            72           281
   Real Estate - construction and mortgage ..................            2              0             3            17            22
   Loans to individuals .....................................           73             41           166           132           514
                                                                   -------        -------       -------       -------       -------
       Total charge-offs ....................................      $    92        $   104       $   256       $   221       $   817
                                                                   -------        -------       -------       -------       -------
Recoveries:
   Commercial, financial, and agricultural ..................      $     7        $    17       $    39       $    30       $    45
   Real Estate - construction and mortgage ..................           78              0            83             1             1
   Loans to individuals .....................................           20             32            97            82           196
                                                                   -------        -------       -------       -------       -------

       Total recoveries .....................................      $   105        $    49       $   219       $   113       $   242
                                                                   -------        -------       -------       -------       -------
Net charge-offs/(recoveries) ................................      $   (13)       $    55       $    37       $   108       $   575
                                                                   -------        -------       -------       -------       -------
Additions charged to operations .............................      $   250        $   210       $   535       $   445       $ 1,155
                                                                   -------        -------       -------       -------       -------
Balance, end of period ......................................      $ 5,602        $ 4,861       $ 5,602       $ 4,861       $ 5,104
                                                                   =======        =======       =======       =======       =======

Ratio of net charge-offs during the period
 to average loans outstanding during the period .............          .00%           .02%          .00%          .03%          .15%
                                                                   -------        -------       -------       -------       -------
</TABLE>

The entire balance is available to absorb future loan losses.

At June 30, 2005 and  December  31,  2004 loans on which no  interest  was being
accrued totaled  approximately  $229 and $360,  respectively and foreclosed real
estate  totaled $14 and $80  respectively;  and loans 90 days past due and still
accruing totaled $129 and $93, respectively.

OTHER INTEREST-BEARING ASSETS

As of June 30, 2005, the Company does not have any interest-bearing  assets that
would be required to be disclosed under Item III.C.1.  or 2. if such assets were
loans.
















                                       11
<PAGE>

NOTE 5 - PREMISES AND EQUIPMENT

     Property at June 30, 2005 and December 31, 2004 is summarized as follows:

                                                          June 30,  December 31,
                                                           2005         2004
                                                           ----         ----

Land and buildings ....................................   $20,734     $20,691
Furniture, fixtures and equipment .....................     7,236       6,824
Construction in progress ..............................       463          75
                                                          -------     -------
                                                          $28,433     $27,590

Less accumulated depreciation and amortization ........    10,461       9,962
                                                          -------     -------
                                                          $17,972     $17,628
                                                          =======     =======

     Depreciation  and  amortization  of bank premises and equipment  charged to
operating  expense was $249 and $499 for the quarter ended and six-month  period
ended June 30, 2005, respectively and $895 for the year ended December 31, 2004.
The  construction in process is primarily  related to the  construction of a new
banking  office in  Pawleys  Island,  South  Carolina.  Land,  construction  and
equipment costs are estimated at $1,750.

NOTE 6 - CERTIFICATES OF DEPOSIT IN EXCESS OF $100,000

     At June 30, 2005 and December 31, 2004, certificates of deposit of $100,000
or more included in time deposits totaled  approximately  $120,400 and $100,042,
respectively.  Interest  expense on these  deposits was  approximately  $824 and
$1,452 for the  quarter  ended and the  six-month  period  ended June 30,  2005,
respectively and $2,046 for the year ended December 31, 2004.

NOTE 7 - SECURITIES SOLD UNDER REPURCHASE AGREEMENTS

     At June 30, 2005 and December 31, 2004,  securities  sold under  repurchase
agreements totaled $28,746 and $33,950.  Securities with a book value of $44,056
($43,900 market value) and $38,711  ($39,178 market value),  respectively,  were
used as collateral for the  agreements.  The  weighted-average  interest rate of
these agreements was 1.88 percent and 1.43 percent at June 30, 2005 and December
31, 2004.

NOTE 8 - LINES OF CREDIT

     At June 30,  2005,  the Bank  had  unused  short-term  lines of  credit  to
purchase  Federal Funds from unrelated  banks totaling  $27,000.  These lines of
credit are available on a one to seven day basis for general corporate  purposes
of the Bank.  All of the lenders have reserved the right to withdraw these lines
at their option.

     The Bank has a demand note through the U.S.  Treasury,  Tax and Loan system
with the  Federal  Reserve  Bank of  Richmond.  The Bank may borrow up to $7,000
under the arrangement at a variable  interest rate. The note is secured by bonds
with a market value of $3,979 at June 30, 2005. The amount outstanding under the
note  totaled  $1,234  and  $2,895  at June 30,  2005  and  December  31,  2004,
respectively.

     The Bank  also has a line of  credit  from the  Federal  Home  Loan Bank of
Atlanta  for  $78,370  secured by a lien on the  Bank's  1-4  family  mortgages.
Allowable  terms range from overnight to twenty years at varying rates set daily
by the FHLB. There were no amounts  outstanding  under the agreement at June 30,
2005 and December 31, 2004.

NOTE 9 - INCOME TAXES

     Income tax expense for the  quarters  ended June 30, 2005 and June 30, 2004
on pretax income of $3,654 and $3,173 totaled  $1,182 and $1,140,  respectively.
Income tax expense for the  six-month  periods  ended June 30, 2005 and June 30,
2004  on  pretax  income  of  $6,999  and  $6,114   totaled  $2,294  and  $2,072
respectively.  The provision for federal  income taxes is calculated by applying
the 34% statutory federal income tax rate and increasing or reducing this amount
due to any  tax-exempt  interest,  state  bank  tax  (net of  federal  benefit),
business credits,  surtax exemption,  tax preferences,  alternative  minimum tax
calculations,  or other  factors.  A summary  of  income  tax  components  and a
reconciliation  of income  taxes to the federal  statutory  rate are included in
fiscal year-end reports.

     The Company  accounts  for income  taxes in  accordance  with  Statement of
Financial Accounting Standards ("SFAS") No. 109, "Accounting for Income Taxes".


                                       12
<PAGE>

NOTE 10 - COMMITMENTS AND CONTINGENT LIABILITIES

     From time to time the bank  subsidiary  is a party to  various  litigation,
both as  plaintiff  and as  defendant,  arising from its normal  operations.  No
material  losses are anticipated in connection with any of these matters at June
30, 2005.

     In the normal course of business, the bank subsidiary is party to financial
instruments with  off-balance-sheet  risk including commitments to extend credit
and standby letters of credit.  Such instruments have elements of credit risk in
excess of the amount  recognized  in the balance  sheet.  The exposure to credit
loss in the  event of  nonperformance  by the  other  parties  to the  financial
instruments  for  commitments to extend credit and standby  letters of credit is
represented by the contractual notional amount of those instruments.  Generally,
the same credit policies used for on-balance-sheet  instruments,  such as loans,
are used in extending loan commitments and standby letters of credit.

     Following are the  off-balance-sheet  financial  instruments whose contract
amounts represent credit risk:

                                                         June 30, 2005
                                                         -------------
           Loan Commitments ..........................        $ 52,112
           Standby letters of credits ................           3,688

     Loan commitments  involve agreements to lend to a customer as long as there
is no  violation  of any  condition  established  in the  contract.  Commitments
generally  have fixed  expiration  dates or other  termination  clauses and some
involve payment of a fee. Many of the commitments are expected to expire without
being fully  drawn.  Therefore,  the total amount of loan  commitments  does not
necessarily represent future cash requirements. Each customer's creditworthiness
is evaluated on a case-by-case basis. The amount of collateral obtained, if any,
upon  extension  of credit is based on  management's  credit  evaluation  of the
borrower. Collateral held varies but may include commercial and residential real
properties, accounts receivable, inventory and equipment.

     Standby  letters of credit are  conditional  commitments  to guarantee  the
performance of a customer to a third party.  The credit risk involved in issuing
standby  letters  of  credit  is the  same  as  that  involved  in  making  loan
commitments to customers. Many letters of credit will expire without being drawn
upon and do not necessarily represent future cash requirements.

     Management  believes  that its  various  sources of  liquidity  provide the
resources  necessary for the bank subsidiary to fund the loan commitments and to
perform under standby letters of credit, if the need arises. Neither the Company
nor the Bank are involved in other off-balance  sheet contractual  relationships
or  transactions  that could result in liquidity  needs or other  commitments or
significantly impact earnings.

NOTE 11 - EMPLOYEE BENEFIT PLAN

     The Bank has a defined contribution pension plan covering all employees who
have  attained age  twenty-one  and have a minimum of one year of service.  Upon
ongoing approval of the Board of Directors, the Bank matches one-hundred percent
of employee  contributions  up to three percent of employee  salary deferred and
fifty  percent of employee  contributions  in excess of three  percent and up to
five  percent  of  salary  deferred.  The  Board  of  Directors  may  also  make
discretionary  contributions  to the Plan.  For the  three-month  and  six-month
periods ended June 30, 2005 and year ended  December 31, 2004,  $157,  $311, and
$595, respectively, was charged to operations under the plan.

NOTE 12 - REGULATORY MATTERS

     The Bank is subject to various regulatory capital requirements administered
by the federal banking  agencies.  Failure to meet minimum capital  requirements
can initiate certain mandatory - and possibly additional discretionary - actions
by regulators  that, if undertaken,  could have a direct  material effect on the
financial statements.  The regulations require the Bank to meet specific capital
adequacy guidelines that involve quantitative  measures of assets,  liabilities,
and certain  off-balance-sheet  items as calculated under regulatory  accounting
practices.  The capital  classification is also subject to qualitative judgments
by the regulators about components, risk weightings, and other factors.



                                       13
<PAGE>

                    NOTE 12 - REGULATORY MATTERS - Continued

     Quantitative  measures established by regulation to ensure capital adequacy
require the  maintenance  of minimum  amounts and ratios (set forth in the table
below) of Tier I capital to adjusted total assets  (Leverage  Capital ratio) and
minimum  ratios of Tier I and  total  capital  to  risk-weighted  assets.  To be
considered  adequately  capitalized  under the  regulatory  framework for prompt
corrective  action,  the Bank must  maintain  minimum  Tier I  leverage,  Tier I
risk-based and total  risked-based  ratios as set forth in the table. The Bank's
actual capital ratios are also presented in the table below as of June 30, 2005:

<TABLE>
<CAPTION>
                                                                                                                    To be
                                                                                                              well capitalized
                                                                                         For                    under prompt
                                                                                   Capital adequacy           corrective action
                                                                                      Purposes                    provisions
                                                              Actual                   Minimum                     Minimum
                                                              ------                   -------                     -------
                                                       Amount       Ratio        Amount        Ratio         Amount        Ratio
                                                       ------       -----        ------       -------        ------       ------

<S>                                                     <C>           <C>         <C>             <C>        <C>            <C>
Total Capital (to risk weighted assets) ..........      $73,050       15.52%      37,664          8.0%       $47,080        10.0%

Tier I Capital (to risk weighted assets) .........       67,448       14.33       18,832          4.0         28,248         6.0

Tier I Capital (to average assets) ...............       67,448        9.60       28,090          4.0         35,112         5.0

</TABLE>


NOTE 13 - CONDENSED FINANCIAL INFORMATION

     Following is condensed  financial  information of CNB  Corporation  (parent
company only):

                             CONDENSED BALANCE SHEET
                                   (Unaudited)

                                                                 June 30,
                                                                 --------
ASSETS                                                      2005           2004
------                                                      ----           ----
   Cash ..........................................        $ 4,043        $ 2,377
   Investment in subsidiary ......................         66,770         61,693
   Fixed Assets ..................................              -          1,811
   Other assets ..................................             37             37
                                                          -------        -------
                                                          $70,850        $65,918
                                                          =======        =======


LIABILITIES AND STOCKHOLDERS' EQUITY
   Other liability ...............................        $     0        $     0
   Stockholders' equity ..........................         70,850         65,918
                                                          -------        -------
                                                          $70,850        $65,918
                                                          =======        =======


                          CONDENSED STATEMENT OF INCOME
                                   (Unaudited)

                                                  For the six-month period ended
                                                              June 30,
                                                              --------
                                                       2005             2004
                                                       ----             ----
EQUITY IN NET INCOME OF SUBSIDIARY .............      $ 4,766         $ 4,095
OTHER INCOME ...................................            0               0
OTHER EXPENSES .................................          (61)            (53)
                                                      -------         -------
   Net Income ..................................      $ 4,705         $ 4,042
                                                      =======         =======


                                       14
<PAGE>
Item 2.

MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OF  FINANCIAL  CONDITION  AND RESULTS OF
OPERATIONS

            (All dollar amounts in thousands, except per share data.)

Management's   Discussion   and   Analysis  is  provided  to  afford  a  clearer
understanding of the major elements of the corporation's  results of operations,
financial condition,  liquidity, and capital resources. The following discussion
should be read in conjunction with the  corporation's  financial  statements and
notes thereto and other detailed information appearing elsewhere in this report.
In addition,  the results of  operations  for the interim  periods shown in this
report are not  necessarily  indicative of results to be expected for the fiscal
year. The accompanying consolidated financial statements include all accounts of
the Company and the Bank. All significant intercompany accounts and transactions
have been eliminated in consolidation.  The accompanying  unaudited consolidated
financial  statements  at June 30, 2005 and for the  three-month  and  six-month
periods  ending June 30, 2005 and 2004 have been  prepared  in  accordance  with
generally  accepted   accounting   principles  ("GAAP")  for  interim  financial
information  and with the  instructions  to Form  10-Q  for the  Securities  and
Exchange  Commission.  Accordingly,  they do not  include  all  information  and
footnotes required by GAAP for complete financial  statements.  However,  in the
opinion  of  management,   all  adjustments   (consisting  of  normal  recurring
adjustments) considered necessary for a fair presentation have been included.

DISTRIBUTION OF ASSETS AND LIABILITIES

The Company maintains a conservative approach in determining the distribution of
assets and  liabilities.  Loans have  increased  15.7% from $390,303 at June 30,
2004 to $451,732 at June 30, 2005 and have  increased as a  percentage  of total
assets from 58.8% to 62.7% over the same period as loan demand has  strengthened
in our market.  Securities and federal funds sold have decreased as a percentage
of total  assets  from 33.9% at June 30,  2004 to 29.5% at June 30,  2005.  This
level of  investments  and federal  funds sold provides for a more than adequate
supply of secondary  liquidity.  Management has sought to build the deposit base
with stable, relatively non-interest-sensitive deposits by offering the small to
medium  deposit  account  holders  a  wide  array  of  deposit   instruments  at
competitive  rates.  Non-interest-bearing  demand deposits showed no change as a
percentage  of total  assets  from  18.6% at June 30,  2004 to 18.6% at June 30,
2005.  As  more  customers,   both  business  and  personal,  are  attracted  to
interest-bearing  deposit accounts,  we expect the percentage of demand deposits
to decline over the long-term. Interest-bearing deposits have increased slightly
from  66.4% of total  assets at June 30,  2004 to 66.7% at June 30,  2005  while
securities  sold under  agreement to repurchase have decreased from 4.4% to 4.0%
over the same period.

The following  table sets forth the percentage  relationship  to total assets of
significant  component's of the corporation's balance sheets as of June 30, 2005
and 2004:
<TABLE>
<CAPTION>
                                                                                                                   June 30,
                                                                                                                   --------
                                                                                                             2005             2004
                                                                                                             ----             ----
Assets:
   Earning assets:
<S>                                                                                                         <C>              <C>
   Loans .........................................................................................           62.7%            58.8%
   Investment securities .........................................................................             .6               .8
   Securities Available for Sale .................................................................           26.7             28.5
   Federal funds sold and securities purchased under agreement to resell .........................            2.2              4.6
                                                                                                            -----            -----
      Total earning assets .......................................................................           92.2             92.7
                                                                                                            -----            -----
   Other assets ..................................................................................            7.8              7.3
                                                                                                            -----            -----
      Total assets ...............................................................................          100.0%           100.0%
                                                                                                            -----            -----
Liabilities and stockholder's equity:
  Interest-bearing liabilities:
    Interest-bearing deposits ....................................................................           66.7%            66.4%
    Federal funds purchased and securities sold under agreement to repurchase ....................            4.0              4.4
    Other short-term borrowings ..................................................................             .2               .2
                                                                                                            -----            -----
        Total interest-bearing liabilities .......................................................           70.9             71.0
                                                                                                            -----            -----
          Noninterest-bearing deposits ...........................................................           18.6             18.6
    Other liabilities ............................................................................             .7               .5
    Stockholders' equity .........................................................................            9.8              9.9
                                                                                                            -----            -----
        Total liabilities and stockholders' equity ...............................................          100.0%           100.0%
                                                                                                            -----            -----
</TABLE>

                                       15
<PAGE>

RESULTS OF OPERATION

CNB Corporation  experienced earnings for the three-month periods ended June 30,
2005 and 2004 of  $2,472  and  $2,033,  respectively,  resulting  in a return on
average assets of 1.38% and 1.25% and a return on average  stockholders'  equity
of 14.21% and 12.18%.

CNB Corporation  experienced  earnings for the six-month  periods ended June 30,
2005 and 2004 of  $4,705  and  $4,042,  respectively,  resulting  in a return on
average assets of 1.34% and 1.27% and a return on average  stockholders'  equity
of 13.66% and 12.17%.

The earnings were primarily  attributable to net interest margins in each period
(see Net Income-Net Interest Income). Other factors include management's ongoing
effort to  maintain  other  income at  adequate  levels  (see Net Income - Other
Income) and to control other  expenses (see Net Income - Other  Expenses).  This
level of earnings,  coupled with a moderate  dividend policy,  have supplied the
necessary capital funds to support the growth in total assets. Total assets have
increased $56,899 or 8.6% from $664,171 at June 30, 2004 to $721,070 at June 30,
2005.  The  following  table  sets  forth  the  financial   highlights  for  the
three-month and six-month periods ending June 30, 2005 and June 30, 2004:

                         CNB Corporation and Subsidiary
                              FINANCIAL HIGHLIGHTS
            (All Dollar Amounts, Except Per Share Data, in Thousands)

<TABLE>
<CAPTION>
                                                                       Three-Month Period                 Six-Month Period
                                                                          Ended June 30,                   Ended June 30,

                                                                                          Percent                          Percent
                                                                                          Increase                         Increase
                                                                   2005         2004     (Decrease)    2005         2004  (Decrease)
                                                                   ----         ----     ----------    ----         ----  ----------
<S>                                                              <C>          <C>            <C>     <C>          <C>         <C>
Net interest income after provision for
       loan losses .........................................       6,779        5,983        13.3%    13,274       11,765     12.8%
Income before income taxes .................................       3,654        3,173        15.2      6,999        6,114     14.5
Net Income .................................................       2,472        2,033        21.6      4,705        4,042     16.4
Per Share (1) ..............................................        3.13         2.57        21.8       5.97         5.12     16.6
Cash dividends declared ....................................           0            0         -            0            0      -
     Per Share (1) .........................................           0            0         -            0            0      -
Total assets ...............................................     721,070      664,171         8.6%   721,070      664,171      8.6
Total deposits .............................................     615,514      564,476         9.0    615,514      564,476      9.0
Loans ......................................................     451,732      390,303        15.7    451,732      390,303     15.7
Investment securities and securities available for sale ....     196,745      194,573         1.1    196,745      194,573      1.1
Stockholders' equity .......................................      70,850       65,918         7.5     70,850       65,918      7.5
    Book value per share (1) ...............................       89.86        83.52         7.6      89.86        83.52      7.6
Ratios (2):
Annualized return on average total assets ..................        1.38%        1.25%       10.4%      1.34%        1.27%     5.5%
Annualized return on average stockholders' equity ..........       14.21%       12.18%       16.7%     13.66%       12.17%    12.2%
</TABLE>

(1)     Adjusted for the effect of a 10% stock dividend issued during 2004.

(2)     For the  three-month  period  ended  June 30,  2005  and June 30,  2004,
        average  total assets  amounted to $719,078  and  $652,757  with average
        stockholders' equity totaling $69,570 and $66,779, respectively. For the
        six-month  periods ended June 30, 2005 and June 30, 2004,  average total
        assets  amounted to $702,286  and $638,536  with  average  stockholders'
        equity totaling $68,905 and $66,420 respectively.



                                       16
<PAGE>

NET INCOME

Net Interest  Income - Earnings are  dependent to a large degree on net interest
income,  defined as the  difference  between  gross  interest and fees earned on
earning assets,  primarily  loans and securities,  and interest paid on deposits
and borrowed funds. Net interest income is affected by the interest rates earned
or paid and by volume  changes  in loans,  securities,  deposits,  and  borrowed
funds.

Interest  rates  paid on  deposits  and  borrowed  funds and earned on loans and
investments have generally followed the fluctuations in market interest rates in
2005 and 2004. However, fluctuations in market interest rates do not necessarily
have a significant  impact on net interest income,  depending on the bank's rate
sensitivity  position.  A rate  sensitive  asset (RSA) is any loan or investment
that can be repriced  either up or down in interest  rate within a certain  time
interval.  A rate  sensitive  liability  (RSL) is an interest  paying deposit or
other liability that can be repriced either up or down in interest rate within a
certain time interval.  When a proper balance between RSA and RSL exists, market
interest rate fluctuations should not have a significant impact on earnings. The
larger the imbalance, the greater the interest rate risk assumed by the bank and
the greater the positive or negative  impact of interest  rate  fluctuations  on
earnings.  The bank seeks to manage its assets and  liabilities in a manner that
will  limit  interest  rate  risk and thus  stabilize  long-run  earning  power.
Management  believes that a rise or fall in interest  rates will not  materially
affect earnings.

The Bank has  maintained  net interest  margins for the  three-month  period and
six-month  periods  ended June 30, 2005, of 4.30% and 4.32%,  respectively,  and
4.18% and 4.21%,  respectively,  for the same  periods in 2004,  as  compared to
management's   long-term  target  of  4.35%.  Net  interest  margins  have  been
compressed at the bank and  industry-wide  as we have  experienced  almost fifty
year lows in market interest rates. We anticipate  short-term  interest rates to
increase  throughout  2005 which will enhance our earnings  potential  through a
wider net interest margin.

Fully-tax-equivalent net interest income showed a 13.1% increase from $6,317 for
the three-month  period ended June 30, 2004 to $7,146 for the three-month period
ended June 30, 2005. During the same period, total fully-tax-equivalent interest
income  increased  by 19.5%  from  $7,967 to $9,519 and total  interest  expense
increased  by 43.8% from  $1,650 to $2,373.  Fully-tax-equivalent  net  interest
income as a  percentage  of total  earning  assets has shown an increase of .12%
from  4.18% for the  three-month  period  ended  June 30,  2004 to 4.30% for the
three-month period ended June 30, 2005.

Fully-tax-equivalent  net interest  income showed a 12.7%  increase from $12,460
for the six-month period ended June 30, 2004 to $14,044 for the six-month period
ended June 30, 2005. During the same period, total fully-tax-equivalent interest
income  increased  by 17.1% from $15,729 to $18,422 and total  interest  expense
increased  by 33.9% from  $3,269 to $4,378.  Fully-tax-equivalent  net  interest
income as a  percentage  of total  earning  assets has shown an increase of .11%
from  4.21%  for the  six-month  period  ended  June 30,  2004 to 4.32%  for the
six-month period ended June 30, 2005.

The tables on the following four pages present average  balance sheets,  average
yield and  interest  earned on earning  assets,  and average  rate and  interest
expense on  interest  bearing  liabilities  for the  three-month  and  six-month
periods  ended June 30, 2005 and 2004,  and a summary of changes in net interest
income  resulting  from  changes  in volume  and  changes  in rate  between  the
three-month and six-month periods ended June 30, 2005 and 2004.









                                       17
<PAGE>












                         CNB Corporation and Subsidiary
                       Average Balances, Yields, and Rates
                             (Dollars in Thousands)


<TABLE>
<CAPTION>
                                                             Three Months Ended 6/30/05               Three Months Ended 6/30/04
                                                             --------------------------               --------------------------
                                                                     Interest     Avg. Ann.                   Interest     Avg. Ann.
                                                          Avg.       Income/      Yield or         Avg.        Income/     Yield or
                                                         Balance    Expense(1)      Rate          Balance     Expense(1)      Rate
                                                         -------    ----------      ----          -------     ----------      ----
Assets:
<S>                                                      <C>         <C>            <C>            <C>         <C>           <C>
   Earning assets:
      Loans, net of unearned income ..................   $441,049    $  7,349       6.67%          $385,100    $  5,927      6.16%
      Securities:
        Taxable ......................................    177,066       1,643       3.71            171,608       1,618      3.77
        Tax-exempt ...................................     21,447         343       6.40             21,757         364      6.69
      Federal funds sold and securities purchased under
        agreement to resell ..........................     25,874         184       2.84             25,884          58       .90
                                                         --------    --------                      --------    --------
          Total earning assets .......................    665,436       9,519       5.72            604,349       7,967      5.27
                                                                     --------                      --------    --------
    Other assets .....................................     53,642                                    48,408
                                                         --------                                  --------
          Total assets ...............................   $719,078                                  $652,757
                                                         ========                                  ========

Liabilities and stockholder equity
    Interest-bearing liabilities:
      Interest-bearing deposits ......................   $484,787       2,233       1.84           $439,516       1,583      1.44
      Federal funds purchased and securities sold under
        agreement to repurchase ......................     29,963         133       1.78             26,007          65      1.00
      Other short-term borrowings ....................        986           7       2.84              1,075           2       .74
                                                         --------    ---------                     --------     -------
          Total interest-bearing liabilities .........   $515,736    $  2,373       1.84           $465,598     $ 1,650      1.41
                                                         --------    --------                      --------     -------
    Noninterest-bearing deposits .....................    129,327                                   117,505
    Other liabilities ................................      4,445                                     1,875
    Stockholders' equity .............................     69,570                                    66,779
                                                         --------                                  --------
          Total liabilities and stockholders' equity .   $719,078                                  $652,757
                                                         ========                                  ========
    Net interest income as a percent of total
       earning assets ................................   $665,436    $  7,146       4.30           $604,349     $ 6,317      4.18
                                                         ========    ========                      ========     =======

(1)  Tax-equivalent adjustment based on a 34% tax rate               $    117                                   $   124
                                                                     ========                                   =======

Ratios:
Annualized return on average total assets ............                              1.38                                     1.25
Annualized return on average stockholders' equity ....                             14.21                                    12.18
Cash dividends declared as a percent of net income ...                                 0                                        0
Average stockholders' equity as a percent of:
  Average total assets ...............................                              9.67                                    10.23
  Average total deposits .............................                             11.33                                    11.99
  Average loans ......................................                             15.77                                    17.34
Average earning assets as a percent of
   average total assets ..............................                             92.54                                    92.58
</TABLE>






                                       18
<PAGE>







                         CNB Corporation and Subsidiary
                       Average Balances, Yields, and Rates
                             (Dollars in Thousands)


<TABLE>
<CAPTION>
                                                               Six Months Ended 6/30/05                 Six Months Ended 6/30/04
                                                               ------------------------                 ------------------------
                                                                     Interest     Avg. Ann.                   Interest     Avg. Ann.
                                                          Avg.       Income/      Yield or         Avg.        Income/     Yield or
                                                         Balance    Expense(1)      Rate          Balance     Expense(1)      Rate
                                                         -------    ----------      ----          -------     ----------      ----
Assets:
   Earning assets:
<S>                                                      <C>         <C>            <C>            <C>         <C>           <C>
      Loans, net of unearned income ..................   $430,491    $ 14,152       6.57%          $377,400    $ 11,656      6.18%
      Securities:
        Taxable ......................................    179,716       3,332       3.71            168,071       3,234      3.85
        Tax-exempt ...................................     21,747         691       6.35             23,207         735      6.33
      Federal funds sold and securities purchased under
        agreement to resell ..........................     18,262         247       2.71             23,387         104       .89
                                                         --------    --------                      --------    --------
          Total earning assets .......................    650,216      18,422       5.67            592,065      15,729      5.31
                                                         --------    --------                      --------    --------
    Other assets .....................................     52,070                                    46,471
                                                         --------                                  --------
          Total assets ...............................   $702,286                                  $638,536
                                                         ========                                  ========

Liabilities and stockholder equity
    Interest-bearing liabilities:
      Interest-bearing deposits ......................   $468,904       4,088       1.74           $430,589       3,133      1.46
      Federal funds purchased and securities sold under
        agreement to repurchase ......................     33,505         279       1.67             26,040         132      1.01
      Other short-term borrowings ....................        939          11       2.34              1,046           4       .76
                                                         --------    --------                      --------    --------
          Total interest-bearing liabilities .........   $503,348    $  4,378       1.74           $457,675    $  3,269      1.43
                                                         --------    --------                      --------    --------
    Noninterest-bearing deposits .....................    125,834                                   111,078
    Other liabilities ................................      4,199                                     3,363
    Stockholders' equity .............................     68,905                                    66,420
                                                         --------                                  --------
          Total liabilities and stockholders' equity .   $702,286                                  $638,536
                                                         ========                                  ========
    Net interest income as a percent of total
       earning assets ................................   $650,216    $ 14,044       4.32           $592,065    $ 12,460      4.21
                                                         ========    ========                      ========    ========

(1)  Tax-equivalent adjustment based on a 34%
       tax rate ......................................               $    235                                  $    250
                                                                     ========                                  ========

Ratios:
Annualized return on average total assets ............                              1.34                                     1.27
Annualized return on average stockholders' equity ....                             13.66                                    12.17
Cash dividends declared as a percent of net income ...                                 0                                        0
Average stockholders' equity as a percent of:
  Average total assets ...............................                              9.81                                    10.40
  Average total deposits .............................                             11.59                                    12.26
  Average loans ......................................                             16.01                                    17.60
Average earning assets as a percent of
   average total assets ..............................                             92.59                                    92.72
</TABLE>



                                       19
<PAGE>
                         CNB Corporation and Subsidiary
                          Rate/Volume Variance Analysis
                For the Three Months Ended June 30, 2005 and 2004
                             (Dollars in Thousands)
<TABLE>
<CAPTION>

                                              Average      Average                                  Interest      Interest
                                              Volume        Volume     Yield/Rate    Yield/Rate   Earned/Paid   Earned/Paid
                                               2005          2004       2005 (1)      2004 (1)      2005 (1)      2004 (1)
                                               ----          ----       --------      --------      --------      --------
Earning Assets:
<S>                                          <C>           <C>             <C>           <C>          <C>          <C>
Loans ,  Net of unearned Income (2) ........  441,049       385,100        6.67%         6.16%         7,349        5,927
  Investment securities:
    Taxable ................................  177,066       171,608        3.71%         3.77%         1,643        1,618

    Tax-exempt .............................   21,447        21,757        6.40%         6.69%           343          364
  Federal funds sold and Securities
    purchased under agreement to resell ....   25,874        25,884        2.84%          .90%           184           58
                                             --------      --------       ------        ------       -------      -------

Total Earning Assets .......................  665,436       604,349        5.72%         5.27%         9,519        7,967
                                             ========      ========        =====         =====       =======      =======

Interest-bearing Liabilities:

  Interest-bearing deposits ................  484,787       439,516        1.84%         1.44%         2,233        1,583
  Federal funds purchased and securities
    sold under agreement to repurchase .....   29,963        26,007        1.78%         1.00%           133           65
  Other short-term borrowings ..............      986         1,075        2.84%          .74%             7            2
                                             --------      --------        -----        ------       -------      -------

Total Interest-bearing Liabilities .........  515,736       466,598        1.84%         1.41%         2,373        1,650
                                             --------      --------        -----         -----       -------      -------
Interest-free Funds Supporting
  Earning Assets ...........................  149,700       137,751
                                             --------      --------
Total Funds Supporting Earning Assets ......  665,436       604,349        1.42%         1.09%         2,373        1,650
                                             ========      ========        =====         =====        ======       ======

Interest Rate Spread .......................                               3.88%         3.86%
Impact of Non-interest-bearing Funds
  on Net Yield on Earning Assets ...........                                .42%          .32%
                                                                           -----         -----       -------      -------
Net Yield on Earning Assets ................                               4.30%         4.18%         7,146        6,317
                                                                           =====         =====       =======      =======
<CAPTION>
                                                                                       Change
                                                            Change        Change       Due to
                                                            Due to        Due to       Rate X
                                             Variance        Rate         Volume       Volume
                                             --------        ----         ------       ------
Earning Assets:
<S>                                           <C>            <C>           <C>             <C>
Loans, Net of unearned Income (2) ..........   1,422          491           862             69
  Investment securities:
    Taxable ................................      25          (26)                           -
                                                                             51
    Tax-exempt .............................     (21)         (16)           (5)             -
  Federal funds sold and Securities
    purchased under agreement to resell ....     126          126            -               -
                                             -------       ------         -----          -----

Total Earning Assets .......................   1,552          575           908             69
                                             =======       ======         =====          =====

Interest-bearing Liabilities:

  Interest-bearing deposits ................     650          439           163             48
  Federal funds purchased and securities
    sold under agreement to repurchase .....      68           51            10              7
  Other short-term borrowings ..............       5            5             -              -
                                             -------       ------         -----          -----

Total Interest-bearing Liabilities .........     723          495           173             55
                                             -------       ------         -----          -----
Interest-free  Funds Supporting
  Earning Assets

Total Funds Supporting Earning Assets ......     723          495           173             55
                                             =======       ======         =====          =====
</TABLE>

(1)  Tax-equivalent adjustment based on a 34% tax rate.
(2) Includes non-accruing loans which does not have a material effect on the Net
Yield on Earning Assets.


                                       20
<PAGE>

                         CNB Corporation and Subsidiary
                          Rate/Volume Variance Analysis
                 For the Six Months Ended June 30, 2005 and 2004
                             (Dollars in Thousands)
<TABLE>
<CAPTION>

                                              Average      Average                                  Interest      Interest
                                              Volume        Volume     Yield/Rate    Yield/Rate   Earned/Paid   Earned/Paid
                                               2005          2004       2005 (1)      2004 (1)      2005 (1)      2004 (1)
                                               ----          ----       --------      --------      --------      --------
Earning Assets:
<S>                                          <C>           <C>             <C>           <C>         <C>          <C>
Loans, Net of unearned Income (2) .........   430,491       377,400        6.57%         6.18%        14,152       11,656
  Investment securities:
    Taxable ...............................   179,716       168,071        3.71%         3.85%         3,332        3,234
    Tax-exempt ............................    21,747        23,207        6.35%         6.33%           691          735
  Federal funds sold and Securities
    purchased under agreement to resell ...    18,262        23,387        2.71%          .89%           247          104
                                             --------      --------        ----          ----        -------      -------

Total Earning Assets ......................   650,216       592,065        5.67%         5.31%        18,422       15,729
                                             ========      ========        ====          ====        =======      =======
Interest-bearing Liabilities:

  Interest-bearing deposits ...............   468,904       430,589        1.74%         1.46%         4,088        3,133
  Federal funds purchased and securities
    sold under agreement to repurchase ....    33,505        26,040        1.67%         1.01%           279          132
  Other short-term borrowings .............       939         1,046        2.34%          .76%            11            4
                                             --------     ---------        ----          ----        -------      -------

Total Interest-bearing Liabilities ........   503,348       457,675        1.74%         1.43%         4,378        3,269
                                             --------     ---------        ----          ----        -------      -------

Interest-free  Funds Supporting
  Earning Assets ..........................   146,868       134,390
                                             --------     ---------
Total Funds Supporting Earning Assets .....   650,216       592,065        1.35%         1.10%         4,378        3,269
                                             ========     =========        ====          ====        =======      =======

Interest Rate Spread ......................                                3.93%         3.88%
Impact of Non-interest-bearing Funds
  on Net Yield on Earning Assets ..........                                 .39%          .33%
                                                                           ----          ----        -------
Net Yield on Earning Assets ...............                                4.32%         4.21%        14,044       12,460
                                                                           ====          ====        =======      =======
<CAPTION>
                                                                                        Change
                                                             Change        Change       Due to
                                                             Due to        Due to       Rate X
                                              Variance        Rate         Volume       Volume
                                              --------        ----         ------       ------
Earning Assets:
<S>                                            <C>           <C>          <C>               <C>
Loans, Net of unearned Income (2) .........     2,496          736         1,640            120
  Investment securities:
    Taxable ...............................        98         (117)          224             (9)
    Tax-exempt ............................       (44)           2           (46)           ---
  Federal funds sold and Securities
    purchased under agreement to resell ...       143          213           (23)           (47)
                                               ------       ------        ------            ---

Total Earning Assets ......................     2,693          834         1,795             64
                                               ======       ======        ======            ===

Interest-bearing Liabilities:

  Interest-bearing deposits ...............       955         603            280             72
  Federal funds purchased and securitie
    sold under agreement to repurchase ....       147          86             38             23
  Other short-term borrowings .............         7           8             (1)             -
                                               ------       -----         ------            ---

Total Interest-bearing Liabilities ........     1,109         697            317             95
                                               ------       -----         ------            ---
Interest-free  Funds Supporting
  Earning Assets

Total Funds Supporting Earning Assets .....     1,109          697           317             95
                                               ======       ======        ======           ====
</TABLE>
(1)  Tax-equivalent adjustment based on a 34% tax rate.
(2)  Includes  non-accruing  loans which does not have a material  effect on the
     Net Yield on Earning Assets


                                       21
<PAGE>

NET INCOME (continued)

Provision  for  Loan  Losses - It is the  policy  of the  Bank to  maintain  the
allowance for loan losses at the greater of 1.00% of net loans or the percentage
based on a level to cover potential losses identified in the portfolio.

The provision for loan losses was $250 for the three-month period ended June 30,
2005  and  $210  for the  three-month  period  ended  June  30,  2004.  Net loan
charge-offs/(recoveries) totaled $(13) for the three-month period ended June 30,
2005 and $55 for the same period in 2004.

The provision  for loan losses was $535 for the six-month  period ended June 30,
2005  and  $445  for  the  six-month  period  ended  June  30,  2004.  Net  loan
charge-offs/(recoveries)  totaled $37 for the  six-month  period  ended June 30,
2005 and $108 for the same period in 2004.

The allowance for loan losses as a percentage of net loans was 1.26% at June 30,
2005 and June 30, 2004.  The increased  provisions  during the  three-month  and
six-month  periods ended June 30, 2005 reflect the continued  growth in the loan
portfolio.

Securities Transactions - At June 30, 2005, December 31, 2004, and June 30, 2004
market value  appreciation/(depreciation)  in the investment  portfolio  totaled
$(965),  $1,469,  and  $22,  respectively.  As  indicated,  market  values  have
decreased  due to higher market  interest  rates in 2005.  Security  gains of $2
resulted from the sale of $4,000 in AFS  securities  during the first quarter of
2005 to supplement liquidity.

Other Income - Other income,  net of any gains/losses on security  transactions,
increased by 3.3% from $1,626 for the three-month  period ended June 30, 2004 to
$1,679 for the three-month period ended June 30, 2005.

Other income,  net of any  gains/losses on security  transactions,  increased by
4.9% from $2,980 for the six-month  period ended June 30, 2004 to $3,127 for the
six-month period ended June 30, 2005.

This increase in the three-month and six-month  period ended June 30, 2005 other
income was due to higher merchant  discount income,  offset somewhat by slightly
lower service charges on deposit accounts income.

Other  Expenses  -  Other  expenses  increased  by  8.3%  from  $4,436  for  the
three-month  period  ended June 30,  2004 to $4,804 for the  three-month  period
ended June 30, 2005.  The major  components  of other  expenses are salaries and
employee benefits which increased 13.3% from $2,682 to $3,039; occupancy expense
which  increased  8.8% from $603 to $656;  and other  operating  expenses  which
decreased by 3.6% from $1,151 to $1,109.

Other expenses increased by 8.9% from $8,631 for the six-month period ended June
30,  2004 to $9,402 for the  six-month  period  ended June 30,  2005.  The major
components of other expenses are salaries and employee  benefits which increased
12.4% from $5,363 to $6,029; occupancy expense which increased 10.6% from $1,208
to $1,336;  and other  operating  expense which decreased by 1.1% from $2,060 to
$2,037.

The increase in the three-month  period and six-month period ended June 30, 2005
salaries and employee benefits was due to normal pay increases and the increased
costs of providing employee benefits, particularly health insurance coverage. In
addition, in 2005 the Company began accruing year-end bonus awards to bank staff
in the amount of $135 per quarter as these  awards have  increased  in size over
the past few years.  Occupancy  expense continues to grow due to the addition of
new banking facilities and staff. Looking ahead, the construction, staffing, and
equipping of a new banking office in Pawleys Island, South Carolina, expected to
be  competed  in the  fourth  quarter  of  2005,  will add to  future  occupancy
expenses.

Income Taxes - Provisions  for income taxes  increased  3.7% from $1,140 for the
three-month  period  ended June 30,  2004 to $1,182 for the  three-month  period
ended June 30, 2005.  Income  before  income taxes less  interest on  tax-exempt
investment  securities increased by 16.9% from $2,933 for the three-month period
ended June 30, 2004 to $3,428 for the same period in 2005.  State tax  liability
increased as income  before income taxes  increased  15.2% from $3,173 to $3,654
during the same period.

Provisions for income taxes increased 10.7% from $2,072 for the six-month period
ended June 30,  2004 to $2,294 for the  six-month  period  ended June 30,  2005.
Income before income taxes less  interest on  tax-exempt  investment  securities
increased by 16.2% from $5,629 for the  six-month  period ended June 30, 2004 to
$6,543 for the same period in 2005 and state tax  liability  increased as income
before  income  taxes  increased  14.5%  from  $6,114 to $6,999  during the same
period.

                                       22
<PAGE>

LIQUIDITY

The bank's liquidity  position is primarily  dependent on short-term demands for
funds  caused by  customer  credit  needs and deposit  withdrawals  and upon the
liquidity  of bank  assets to meet these  needs.  The bank's  liquidity  sources
include cash and due from banks, federal funds sold, and short-term investments.
In  addition,  the bank has  established  federal  funds  lines of  credit  from
correspondent banks and has the ability to borrow funds from the Federal Reserve
System  and the  Federal  Home  Loan  Bank of  Atlanta.  Management  feels  that
short-term  and  long-term  liquidity  sources  are more than  adequate  to meet
funding needs,  including the funding of off-balance  sheet loan commitments and
standby letters of credit, if the need arises.  Neither the Company nor the Bank
are  involved  in  other   off-balance   sheet   contractual   relationships  or
transactions  that  could  result in  liquidity  needs or other  commitments  or
significantly impact earnings.  The Bank has begun construction of a new banking
office in Pawleys Island,  South  Carolina.  Land,  construction,  and equipment
costs are estimated at $1,750.

CAPITAL RESOURCES

Total stockholders' equity was $70,850 and $67,585 at June 30, 2005 and December
31, 2004 representing  9.83% and 10.06% of total assets,  respectively.  At June
30, 2005, the Bank exceeds  quantitative  measures  established by regulation to
ensure capital  adequacy (see NOTE 12 to the  consolidated  unaudited  financial
statements - REGULATORY MATTERS). Capital is considered sufficient by management
to meet current and prospective capital  requirements and to support anticipated
growth in bank operations.
























                                       23
<PAGE>


CRITICAL ACCOUNTING POLICIES

We have adopted  various  accounting  policies  which govern the  application of
accounting  principles generally accepted in the United States of America in the
preparation of our financial statements. Our significant accounting policies are
described in the notes to the consolidated  financial statements at December 31,
2004 as filed on our annual  report on Form 10-K.  Certain  accounting  policies
involve significant judgments and assumptions by us which have a material impact
on the  carrying  value of certain  assets and  liabilities.  We consider  these
accounting  policies to be  critical  accounting  policies.  The  judgments  and
assumptions  we use are based on the  historical  experience  and other factors,
which we believe to be reasonable under the circumstances. Because of the nature
of the judgments and assumptions we make, actual results could differ from these
judgments and estimates  which could have a major impact on our carrying  values
of assets and liabilities and our results of operations.

We believe the  allowance for loan losses is a critical  accounting  policy that
requires the most significant judgments and estimates used in preparation of our
consolidated  financial  statements.  Refer to the  portions  of our 2004 Annual
Report  on Form 10-K and this Form 10-Q  that  address  our  allowance  for loan
losses for  description of our processes and  methodology  for  determining  our
allowance for loan losses.

RISKS AND UNCERTAINTIES

In the normal  course of its business  the Company  encounters  two  significant
types of risks:  economic and  regulatory.  There are three main  components  of
economic risk:  interest rate risk,  credit risk and market risk. The Company is
subject  to  interest  rate  risk  to  the  degree  that  its   interest-bearing
liabilities  mature or reprice at different  speeds, or on different basis, than
its interest-earning assets. Credit risk is the risk of default on the Company's
loan portfolio that results from borrower's  inability or  unwillingness to make
contractually  required  payments.  Market risk reflects changes in the value of
collateral  underlying loans receivable and the valuation of real estate held by
the Company.

The  Company is subject to the  regulations  of various  governmental  agencies.
These  regulations can and do change  significantly  from period to period.  The
Company also undergoes periodic  examinations by the regulatory agencies,  which
may subject it to further changes with respect to asset  valuations,  amounts of
required  loss  allowances  and  operating  restrictions  from  the  regulators'
judgments  based  on  information  available  to  them  at  the  time  of  their
examination.

Item 3.  QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk is the risk of loss from adverse changes in market prices and rates.
The Company's market risk arises principally from interest rate risk inherent in
its lending, deposit and borrowing activities.  Management actively monitors and
manages its interest  rate risk  exposure.  In addition to other risks which the
Company  manages in the normal  course of business,  such as credit  quality and
liquidity  risk,  management  considers  interest  rate risk to be a significant
market  risk that  could  potentially  have a material  effect on the  Company's
financial  condition  and results of  operations  (See Net Income - Net Interest
Income).  Other  types  of  market  risks,  such as  foreign  currency  risk and
commodity  price  risk,  do not  arise in the  normal  course  of the  Company's
business activities.

Item 4.  CONTROLS AND PROCEDURES

Based  on  the  evaluation  required  by  17  C.F.R.  Section  240.13a-15(b)  or
240.15d-15(b) of the Company's disclosure controls and procedures (as defined in
17  C.F.R.  Sections  240.13a-15(e)  and  240.15d-15(e)),  the  Company's  chief
executive  officer and chief financial  officer concluded that such controls and
procedures,  as of the end of the period covered by this quarterly report,  were
effective.

There  has been no change  in the  Company's  internal  control  over  financial
reporting during the most recent fiscal quarter that has material  affected,  or
is reasonably likely to materially  affect,  the Company's internal control over
financial reporting.










                                       24
<PAGE>

PART II

Item 1. LEGAL PROCEEDINGS
See Note 10 of the Notes to  Consolidated  Interim  Financial  statements  for a
discussion of legal proceedings.


Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

An Annual  Meeting of  shareholders  of CNB  Corporation  was held in the Conway
Banking Office of The Conway National Bank at 1411 Fourth Avenue,  Conway, South
Carolina, at 4:15 p.m., Conway, South Carolina time, on May 10, 2005.

The  purpose of the Annual  Meeting  was to: (1) elect four  Directors;  and (2)
ratify the  appointment  of Elliott,  Davis,  LLC as the  Company's  independent
registered  public  accountants for the fiscal year ending December 31, 2005 and
the result of the vote was as follows:

1.   Election of Directors:

      Name                      Votes For    Votes Withheld   Broker Non-Votes
      ----                      ---------    --------------   ----------------

Harold G. Cushman, Jr .......    563,264          2,281            0
H. Buck Cutts ...............    563,264          2,281            0
Robert P Hucks ..............    563,264          2,281            0
Howard B. Smith, III ........    563,264          2,281            0


The following  directors'  terms continued  after the annual meeting:  Willis J.
Duncan,  W. Jennings  Duncan,  James W. Barnette,  Jr., Paul R.  Dusenbury,  and
Richard M. Lovelace,  Jr.. Regrettably,  John K. Massey passed away on March 18,
2005. On June 14, 2005, the Board of Directors  appointed and elected William R.
Benson to fill the vacancy on the Board of  Directors of CNB due to the death of
Mr. Massey.

2.   Ratification of Appointment of Elliott Davis, LLC:

              Votes For          Against         Abstain      Broker Non-Votes
              ---------          -------         -------      ----------------
               565,545             0                0                0



Item 5.  OTHER INFORMATION

There was no information  required to be disclosed by the Company in a report on
Form 8-K  during  the  six-month  period  ended  June 30,  2005  that was not so
disclosed.


Item 6.  EXHIBITS

All exhibits, the filing of which are required with this Form, are listed below

  3.1     By-Laws of CNB Corporation as amended June 14, 2005.

  31.1    Certification  of  Principal   Executive   Officer  required  by  Rule
          13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as
          adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

  31.2    Certification  of  Principal   Financial   Officer  required  by  Rule
          13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as
          adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

  32.1    Certification of Chief Executive Officer pursuant to 18 U.S.C. Section
          1350, as adopted pursuant to Section 906 of the  Sarbanes-Oxley Act of
          2002.

  32.2    Certification of Chief Financial Officer pursuant to 18 U.S.C. Section
          1350, as adopted pursuant to Section 906 of the  Sarbanes-Oxley Act of
          2002.



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<PAGE>


SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.




                               CNB Corporation
                               (Registrant)

                               s/Paul R. Dusenbury
                               ---------------------------------------------
                               Paul R. Dusenbury
                               Executive Vice President
                               Treasurer and Chief Financial Officer








Date:  August 9, 2005




















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