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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 6,514 $ 6,163
Interest-bearing deposits with other institutions 38,523 45,107
Total cash and cash equivalents 45,037 51,270
Securities available for sale 323,584 308,242
Loans held for sale 81,027 92,514
Restricted securities, at cost 7,665 7,117
Loans receivable, net of allowance for loan losses of $14,861 at March 31, 2012 and $14,623 at December 31, 2011 667,508 656,770
Premises and equipment, net 21,099 21,306
Goodwill and identified intangibles 6,146 6,189
Other real estate owned, net of valuation allowance of $1,492 at March 31, 2012 and $1,522 at December 31, 2011 12,095 8,535
Prepaid federal deposit insurance 3,753 3,993
Accrued interest receivable and other assets 35,297 36,924
TOTAL ASSETS 1,203,211 1,192,860
Deposits:    
Non-interest-bearing demand deposits 150,385 143,398
Savings and interest-bearing demand deposits 475,138 460,576
Time deposits 326,249 325,895
Total deposits 951,772 929,869
Securities sold under agreements to repurchase 32,154 31,686
Short-term borrowings 14,166 28,331
FHLB Borrowings 82,912 82,912
Subordinated notes 5,155 5,155
Accrued interest payable and other liabilities 7,457 6,894
Commitments and contingent liabilities      
TOTAL LIABILITIES 1,093,616 1,084,847
SHAREHOLDERS' EQUITY    
Common stock ($2.50 par value; 20,000,000 shares authorized, 7,005,315 and 6,996,932 issued and outstanding at March 31, 2012 and December 31, 2011, respectively) 17,359 17,331
Capital surplus 43,551 43,498
Retained earnings 42,389 41,157
Accumulated other comprehensive income 4,582 3,926
Total Middleburg Financial Corporation shareholders' equity 107,881 105,912
Non-controlling interest in consolidated subsidiary 1,714 2,101
TOTAL SHAREHOLDERS' EQUITY 109,595 108,013
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,203,211 $ 1,192,860