Exhibit 21

SUBSIDIARIES OF REGISTRANT

The following lists the subsidiaries of Summit Financial Group, Inc., a West Virginia Corporation.

     SFG II, Inc.,a second tier bank holding company

                                organized under the laws of the State of West Virginia
  

Summit Community Bank, Inc., a state banking corporation

organized under the laws of the State of West Virginia

Summit Insurance Services, LLC, a full lines insurance agency

organized under the laws of the State of West Virginia

SFG Capital Trust I, a statutory business trust

organized under the laws of the State of Delaware

SFG Capital Trust II, a statutory business trust

organized under the laws of the State of Delaware

SFG Capital Trust III, a statutory business trust

organized under the laws of the State of Delaware