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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 6,163 $ 21,955
Interest-bearing deposits with other institutions 45,107 42,769
Total cash and cash equivalents 51,270 64,724
Securities available for sale 308,242 252,042
Loans held for sale 92,514 59,361
Restricted securities, at cost 7,117 6,296
Loans receivable (net of allowance for loan losses of $14,623 in 2011 and $14,967 in 2010) 656,770 644,345
Premises and equipment, net 21,306 21,112
Goodwill and identified intangibles 6,189 6,360
Other real estate owned (net of valuation allowance of $1,522 in 2011 and $1,486 in 2010) 8,535 8,394
Prepaid federal deposit insurance 3,993 5,154
Accrued interest receivable and other assets 36,924 36,779
TOTAL ASSETS 1,192,860 1,104,567
Deposits:    
Non-interest-bearing demand deposits 143,398 130,488
Savings and interest-bearing demand deposits 460,576 436,718
Time deposits 325,895 323,100
Total deposits 929,869 890,306
Securities sold under agreements to repurchase 31,686 25,562
Short-term borrowings 28,331 13,320
Federal Home Loan Bank borrowings 82,912 62,912
Subordinated notes 5,155 5,155
Accrued interest payable and other liabilities 6,894 7,319
TOTAL LIABILITIES 1,084,847 1,004,574
SHAREHOLDERS' EQUITY    
Common stock ($2.50 par value; 20,000,000 shares authorized; 6,996,932 and 6,925,437 issued and outstanding at December 31, 2011 and 2010, respectively) 17,331 17,314
Capital surplus 43,498 43,058
Retained earnings 41,157 37,593
Accumulated other comprehensive (loss) 3,926 (1,012)
Total Middleburg Financial Corporation shareholders' equity 105,912 96,953
Non-controlling interest in consolidated subsidiary 2,101 3,040
TOTAL SHAREHOLDERS' EQUITY 108,013 99,993
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,192,860 $ 1,104,567