Exhibit 21

Subsidiaries of Village Bank and Trust Financial Corp.

Name of Subsidiary	State of Organization
Village Bank	Virginia
Village Bank Mortgage Corporation	Virginia
(wholly-owned subsidiary of Village Bank)
Village Insurance Agency, Inc.	Virginia
(wholly-owned subsidiary of Village Bank)
Village Financial Services Corporation	Virginia
(wholly-owned subsidiary of Village Bank)
Southern Community Financial Capital Trust I	Virginia
Village Financial Statutory Trust II	Virginia