Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2014

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:

	2014
(Dollars in thousands)	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:
Interest income	$	43,149	$	14	$	450		$	(288	)	$	43,325
Wealth management fees	—		4,516		—			(154		)	4,362
Other income	5,349		—		5,121			(46		)	10,424
Total operating income	48,498		4,530		5,571			(488		)	58,111
Expenses:
Interest expense	5,227		—		304			(288		)	5,243
Salaries and employee benefits	16,567		2,262		3,772			—			22,601
Provision for loan losses	1,926		—		34			—			1,960
Other expense	15,818		1,140		1,722			(200		)	18,480
Total operating expenses	39,538		3,402		5,832			(488		)	48,284
Income before income taxes and non-controlling interest	8,960		1,128		(261		)	—			9,827
Income tax expense	1,894		447		—			—			2,341
Net income	7,066		681		(261		)	—			7,486
Non-controlling interest in consolidated subsidiary	—		—		98			—			98
Net income attributable to Middleburg Financial Corporation	$	7,066	$	681	$	(163	)	$	—		$	7,584
Total assets	$	1,338,604	$	12,953	$	—		$	(128,700	)	$	1,222,857
Capital expenditures	$	911	$	6	$	3		$	—		$	920
Goodwill and other intangibles	$	—	$	3,807	$	—		$	—		$	3,807

	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