Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Schedule of reportable segments and reconciliation to the consolidated financial statements

Information about reportable segments and reconciliation to the consolidated financial statements follows:

	2013
(Dollars in thousands)	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:
Interest income	$	43,702	$	14	$	1,773		$	(1,217	)	$	44,272
Wealth management fees	—		4,139		—			(169		)	3,970
Other income	4,527		—		16,473			(431		)	20,569
Total operating income	48,229		4,153		18,246			(1,817		)	68,811
Expenses:
Interest expense	6,444		—		1,340			(1,217		)	6,567
Salaries and employee benefits	16,464		2,187		11,976			—			30,627
Provision for loan losses	105		—		4			—			109
Other expense	17,916		1,195		4,903			(600		)	23,414
Total operating expenses	40,929		3,382		18,223			(1,817		)	60,717
Income before income taxes and non-controlling interest	7,300		771		23			—			8,094
Income tax expense	1,608		323		—			—			1,931
Net income	5,692		448		23			—			6,163
Non-controlling interest in consolidated subsidiary	—		—		(9		)	—			(9		)
Net income attributable to Middleburg Financial Corporation	$	5,692	$	448	$	14		$	—		$	6,154
Total assets	$	1,222,837	$	5,909	$	41,745		$	(42,738	)	$	1,227,753
Capital expenditures	$	895	$	—	$	33		$	—		$	928
Goodwill and other intangibles	$	—	$	3,979	$	1,367		$	—		$	5,346

	2012
(Dollars in thousands)	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:
Interest income	$	46,095	$	10	$	2,740		$	(1,822	)	$	47,023
Wealth management fees	—		3,891		—			(140		)	3,751
Other income	4,413		—		21,787			(497		)	25,703
Total operating income	50,508		3,901		24,527			(2,459		)	76,477
Expenses:
Interest expense	8,433		—		2,213			(1,822		)	8,824
Salaries and employee benefits	15,678		2,208		12,531			—			30,417
Provision for loan losses	3,410		—		28			—			3,438
Other expense	17,413		1,300		5,766			(637		)	23,842
Total operating expenses	44,934		3,508		20,538			(2,459		)	66,521
Income before income taxes and non-controlling interest	5,574		393		3,989			—			9,956
Income tax expense	1,593		373		—			—			1,966
Net income	3,981		20		3,989			—			7,990
Non-controlling interest in consolidated subsidiary	—		—		(1,504		)	—			(1,504		)
Net income attributable to Middleburg Financial Corporation	$	3,981	$	20	$	2,485		$	—		$	6,486
Total assets	$	1,216,813	$	6,416	$	94,282		$	(80,730	)	$	1,236,781
Capital expenditures	$	947	$	—	$	98		$	—		$	1,045
Goodwill and other intangibles	$	—	$	4,150	$	1,867		$	—		$	6,017

	2011
(Dollars in thousands)	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:
Interest income	$	47,080	$	14	$	2,931		$	(1,389	)	$	48,636
Wealth management fees	—		3,757		—			(121		)	3,636
Other income	3,914		—		12,543			(131		)	16,326
Total operating income	50,994		3,771		15,474			(1,641		)	68,598
Expenses:
Interest expense	10,374		—		1,706			(1,389		)	10,691
Salaries and employee benefits	15,390		2,369		9,614			—			27,373
Provision for loan losses	3,141		—		(257		)	—			2,884
Other expense	15,531		1,232		5,127			(252		)	21,638
Total operating expenses	44,436		3,601		16,190			(1,641		)	62,586
Income (loss) before income taxes and non-controlling interest	6,558		170		(716		)	—			6,012
Income tax expense	1,230		120		—			—			1,350
Net income (loss)	5,328		50		(716		)	—			4,662
Non-controlling interest in consolidated subsidiary	—		—		298			—			298
Net income (loss) attributable to Middleburg Financial Corporation	$	5,328	$	50	$	(418	)	$	—		$	4,960
Total assets	$	1,262,358	$	5,975	$	101,876		$	(177,349	)	$	1,192,860
Capital expenditures	$	1,197	$	3	$	151		$	—		$	1,351
Goodwill and other intangibles	$	—	$	4,322	$	1,867		$	—		$	6,189