Consolidated Balance Sheets (Unaudited) (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks	$ 5,334	$ 21,955
Interest-bearing deposits with other institutions	36,024	42,769
Total cash and cash equivalents	41,358	64,724
Securities available for sale	303,014	252,042
Loans held for sale	66,910	59,361
Restricted securities, at cost	7,227	6,296
Loans receivable, net of allowance for loan losses of $15,124 at September 30, 2011 and $14,967 at December 31, 2010	660,689	644,345
Premises and equipment, net	21,464	21,112
Goodwill and identified intangibles	6,244	6,360
Other real estate owned, net of valuation allowance of $1,057 at September 30, 2011 and $1,486 at December 31, 2010	6,096	8,394
Prepaid federal deposit insurance	4,227	5,154
Accrued interest receivable and other assets	36,427	36,779
TOTAL ASSETS	1,153,656	1,104,567
Deposits:
Non-interest-bearing demand deposits	145,393	130,488
Savings and interest-bearing demand deposits	455,893	436,718
Time deposits	308,410	323,100
Total deposits	909,696	890,306
Securities sold under agreements to repurchase	31,286	25,562
Short-term borrowings	12,864	13,320
FHLB Borrowings	77,912	62,912
Subordinated notes	5,155	5,155
Accrued interest payable and other liabilities	9,170	7,319
Commitments and contingent liabilities
TOTAL LIABILITIES	1,046,083	1,004,574
SHAREHOLDERS' EQUITY
Common stock ($2.50 par value; 20,000,000 shares authorized, 7,000,824 issued; 6,996,932 and 6,925,437 outstanding at September 30, 2011 and December 31, 2010, respectively)	17,331	17,314
Capital surplus	43,274	43,058
Retained earnings	40,373	37,593
Accumulated other comprehensive income (loss)	4,327	(1,012)
Total Middleburg Financial Corporation shareholders' equity	105,305	96,953
Non-controlling interest in consolidated subsidiary	2,268	3,040
TOTAL SHAREHOLDERS' EQUITY	107,573	99,993
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,153,656	$ 1,104,567