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<TITLE>Village Bank and Trust Financial Corp.</TITLE>
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<META NAME="date" CONTENT="07/27/2006">
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<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><FONT FACE="Arial"><B>UNITED STATES</B></FONT></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>Washington, D.C. 20549</B></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>___________</B></P>
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<P style="line-height:16pt; margin:0pt; font-family:Arial; font-size:14pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
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<P style="line-height:normal; margin:0pt; font-family:Arial; font-size:12pt" align=center>Date of Report (Date of earliest event reported): <B>July 27, 2006</B></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>___________</B></P>
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<P style="line-height:18pt; margin:0pt; font-family:Arial; font-size:16pt" align=center><B>VILLAGE BANK AND TRUST FINANCIAL CORP.</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center>&nbsp;&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD width=156></TD><TD width=78></TD><TD width=78></TD><TD width=156></TD></TR>
<TR><TD valign=top width=208><P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>Virginia</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(State or other jurisdiction</P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>of incorporation)</P>
</TD><TD valign=top width=208 colspan=2><P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>0-50765</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(Commission File Number)</P>
</TD><TD valign=top width=208><P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>16-1694602</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(IRS Employer</P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>Identification No.)</P>
</TD></TR>
<TR><TD valign=top width=208><P style="margin:0pt" align=center><BR></P>
</TD><TD valign=top width=208 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=208><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=312 colspan=2><P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>1231 Alverser Drive, P.O. Box 330, Midlothian, Virginia</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(Address of principal executive offices)</P>
</TD><TD valign=top width=312 colspan=2><P style="margin:0pt" align=center><BR></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>23113 </B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(Zip Code)</P>
</TD></TR>
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<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center>Registrant&#146;s telephone number, including area code: <B>(804) 897-3900</B></P>
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<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=center><B>Not Applicable</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Arial; font-size:11pt" align=center>(Former name or former address, if changed since last report)</P>
<P style="margin:0pt" align=center><BR></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt" align=justify>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:18pt; font-family:Wingdings; font-size:12pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify><FONT FACE="Arial">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:18pt; font-family:Wingdings; font-size:12pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify><FONT FACE="Arial">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:18pt; font-family:Wingdings; font-size:12pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify><FONT FACE="Arial">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:18pt; font-family:Wingdings; font-size:12pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify><FONT FACE="Arial">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; font-family:Arial; font-size:12pt; page-break-before:always" align=justify><B>Item 2.02</B></P>
<P style="line-height:14pt; margin:0pt; text-indent:108pt; font-family:Arial; font-size:12pt" align=justify><B>Results of Operations and Financial Condition.</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify>On July 27, 2006, the Registrant issued a press release reporting its financial results for the period ended June 30, 2006. &nbsp;A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this Item 2.02.</P>
<P style="margin:0pt" align=justify><BR></P>
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<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; font-family:Arial; font-size:12pt" align=justify><B>Item 9.01</B></P>
<P style="line-height:14pt; margin:0pt; text-indent:108pt; font-family:Arial; font-size:12pt" align=justify><B>Financial Statements and Exhibits.</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin:0pt; padding-left:36pt; font-family:Arial; font-size:12pt" align=justify>(d) Exhibits. &nbsp;The following exhibit is being furnished pursuant to Item 2.02 above. &nbsp;</P>
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<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:90pt; font-family:Arial; font-size:12pt" align=justify><B><U>Exhibit No.</U></B></P>
<P style="line-height:14pt; margin:0pt; text-indent:162pt; font-family:Arial; font-size:12pt" align=justify><B><U>Description</U></B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; padding-left:162pt; text-indent:-72pt; font-family:Arial; font-size:12pt" align=justify>99.1</P>
<P style="line-height:14pt; margin:0pt; padding-left:162pt; font-family:Arial; font-size:12pt" align=justify>Press Release dated July 27, 2006</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=center><BR>
<BR></P>
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<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt; page-break-before:always" align=center><B>SIGNATURES</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin:0pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
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<P style="line-height:14pt; margin:0pt; padding-left:180pt; font-family:Arial; font-size:12pt" align=justify><B>VILLAGE BANK AND TRUST FINANCIAL CORP. </B></P>
<P style="line-height:14pt; margin:0pt; padding-left:180pt; font-family:Arial; font-size:12pt" align=justify>(Registrant)</P>
<P style="margin:0pt" align=justify><BR></P>
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<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; font-family:Arial; font-size:12pt" align=justify>Date: &nbsp;July 27, 2006</P>
<P style="line-height:14pt; margin:0pt; text-indent:180pt; font-family:Arial; font-size:12pt" align=justify>By: <U>/s/ C. Harril Whitehurst, Jr.</U></P>
<P style="line-height:14pt; margin:0pt; padding-left:202.5pt; font-family:Arial; font-size:12pt" align=justify>C. Harril Whitehurst, Jr.</P>
<P style="line-height:14pt; margin:0pt; padding-left:184.5pt; text-indent:18pt; font-family:Arial; font-size:12pt" align=justify>Senior Vice President and CFO</P>
<P style="margin:0pt"><BR></P>
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<BR></P>
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<P style="line-height:14pt; margin:0pt; font-family:Arial; font-size:12pt; page-break-before:always" align=center><B>EXHIBIT INDEX</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; padding-left:18pt; text-indent:18pt; font-family:Arial; font-size:12pt" align=justify><U>Exhibit No.</U></P>
<P style="line-height:14pt; margin:0pt; padding-left:18pt; text-indent:90pt; font-family:Arial; font-size:12pt" align=justify><U>Description</U></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:-14pt; text-indent:36pt; font-family:Arial; font-size:12pt" align=justify>99.1</P>
<P style="line-height:14pt; margin:0pt; text-indent:108pt; font-family:Arial; font-size:12pt" align=justify>Press Release dated July 27, 2006</P>
<P style="margin:0pt"><BR></P>
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Village Bank and Trust Financial Corp.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 27, 2006
___________
VILLAGE BANK AND TRUST FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Virginia
(State or other jurisdiction
of incorporation)
0-50765
(Commission File Number)
16-1694602
(IRS Employer
Identification No.)
1231 Alverser Drive, P.O. Box 330, Midlothian, Virginia
(Address of principal executive offices)
23113
(Zip Code)
Registrant's telephone number, including area code:
(804) 897-3900
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02
Results of Operations and Financial Condition.
On July 27, 2006, the Registrant issued a press release reporting its financial results for the period ended June 30, 2006.  A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this Item 2.02.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.  The following exhibit is being furnished pursuant to Item 2.02 above.
Exhibit No.
Description
99.1
Press Release dated July 27, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
VILLAGE BANK AND TRUST FINANCIAL CORP.
(Registrant)
Date:  July 27, 2006
By:
/s/ C. Harril Whitehurst, Jr.
C. Harril Whitehurst, Jr.
Senior Vice President and CFO
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press Release dated July 27, 2006