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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 6,648 $ 7,139
Interest bearing deposits with other institutions 60,695 47,276
Total cash and cash equivalents 67,343 54,415
Securities available for sale 328,423 319,457
Loans held for sale, net 33,175 82,114
Restricted securities, at cost 6,780 6,990
Loans, net of allowance for loan losses of $13,320 and $14,311, respectively 715,160 695,166
Premises and equipment, net 20,017 20,587
Goodwill and identified intangibles 5,346 6,017
Other real estate owned, net of valuation allowance of $398 and $1,707, respectively 3,424 9,929
Prepaid federal deposit insurance 0 3,015
Bank owned life insurance 21,955 16,484
Accrued interest receivable and other assets 26,130 22,607
TOTAL ASSETS 1,227,753 1,236,781
Deposits:    
Non-interest bearing demand deposits 185,577 167,137
Savings and interest bearing demand deposits 528,879 522,740
Time deposits 267,940 292,023
Total deposits 982,396 981,900
Securities sold under agreements to repurchase 34,539 33,975
Short-term borrowings 0 11,873
Federal Home Loan Bank borrowings 80,000 77,912
Subordinated notes 5,155 5,155
Accrued interest payable and other liabilities 10,590 8,844
TOTAL LIABILITIES 1,112,680 1,119,659
SHAREHOLDERS' EQUITY    
Common stock ($2.50 par value; 20,000,000 shares authorized; 7,080,591 and 7,052,554 issued and outstanding, respectively) 17,403 17,357
Capital surplus 44,251 43,869
Retained earnings 50,689 46,235
Accumulated other comprehensive income 232 6,467
Total Middleburg Financial Corporation shareholders' equity 112,575 113,928
Non-controlling interest in consolidated subsidiary 2,498 3,194
TOTAL SHAREHOLDERS' EQUITY 115,073 117,122
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,227,753 $ 1,236,781