XML 126 R111.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Reporting (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Interest income $ 42,281 $ 43,325 $ 44,272
Wealth management fees 4,785 4,362 3,970
Other income 5,605 10,424 20,569
Total operating income 52,671 58,111 68,811
Expenses:      
Interest expense 4,207 5,243 6,567
Salaries and employee benefits 18,435 22,601 30,627
Provision for loan losses 2,293 1,960 109
Other expense 17,191 18,480 23,414
Total operating expenses 42,126 48,284 60,717
Income before income taxes 10,545 9,827 8,094
Income tax expense 2,715 2,341 1,931
NET INCOME 7,830 7,486 6,163
Non-controlling interest in consolidated subsidiary 0 98 (9)
Net income attributable to Middleburg Financial Corporation 7,830 7,584 6,154
Total assets 1,294,863 1,222,857 1,227,753
Capital expenditures 2,137 920 928
Goodwill and other intangibles 3,636 3,807 5,346
Commercial & Retail Banking [Member]      
Revenues:      
Interest income 42,270 43,149 43,702
Wealth management fees 0 0 0
Other income 5,605 5,349 4,527
Total operating income 47,875 48,498 48,229
Expenses:      
Interest expense 4,207 5,227 6,444
Salaries and employee benefits 16,130 16,567 16,464
Provision for loan losses 2,293 1,926 105
Other expense 16,237 15,818 17,916
Total operating expenses 38,867 39,538 40,929
Income before income taxes 9,008 8,960 7,300
Income tax expense 2,131 1,894 1,608
NET INCOME 6,877 7,066 5,692
Non-controlling interest in consolidated subsidiary   0 0
Net income attributable to Middleburg Financial Corporation   7,066 5,692
Total assets 1,415,626 1,338,604 1,222,837
Capital expenditures 2,137 911 895
Goodwill and other intangibles 0 0 0
Wealth Management [Member]      
Revenues:      
Interest income 11 14 14
Wealth management fees 4,951 4,516 4,139
Other income 0 0 0
Total operating income 4,962 4,530 4,153
Expenses:      
Interest expense 0 0 0
Salaries and employee benefits 2,305 2,262 2,187
Provision for loan losses 0 0 0
Other expense 1,120 1,140 1,195
Total operating expenses 3,425 3,402 3,382
Income before income taxes 1,537 1,128 771
Income tax expense 584 447 323
NET INCOME 953 681 448
Non-controlling interest in consolidated subsidiary   0 0
Net income attributable to Middleburg Financial Corporation   681 448
Total assets 12,461 12,953 5,909
Capital expenditures 0 6 0
Goodwill and other intangibles 3,636 3,807 3,979
Mortgage Banking [Member]      
Revenues:      
Interest income 0 450 1,773
Wealth management fees 0 0 0
Other income 0 5,121 16,473
Total operating income 0 5,571 18,246
Expenses:      
Interest expense 0 304 1,340
Salaries and employee benefits 0 3,772 11,976
Provision for loan losses 0 34 4
Other expense 0 1,722 4,903
Total operating expenses 0 5,832 18,223
Income before income taxes 0 (261) 23
Income tax expense 0 0 0
NET INCOME 0 (261) 23
Non-controlling interest in consolidated subsidiary   98 (9)
Net income attributable to Middleburg Financial Corporation   (163) 14
Total assets 0 0 41,745
Capital expenditures 0 3 33
Goodwill and other intangibles 0 0 1,367
Intercompany Eliminations [Member]      
Revenues:      
Interest income 0 (288) (1,217)
Wealth management fees (166) (154) (169)
Other income 0 (46) (431)
Total operating income (166) (488) (1,817)
Expenses:      
Interest expense 0 (288) (1,217)
Salaries and employee benefits 0 0 0
Provision for loan losses 0 0 0
Other expense (166) (200) (600)
Total operating expenses (166) (488) (1,817)
Income before income taxes 0 0 0
Income tax expense 0 0 0
NET INCOME 0 0 0
Non-controlling interest in consolidated subsidiary   0 0
Net income attributable to Middleburg Financial Corporation   0 0
Total assets (133,224) (128,700) (42,738)
Capital expenditures 0 0 0
Goodwill and other intangibles $ 0 $ 0 $ 0