Consolidated Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 9,931	$ 9,735
Interest and dividends on securities available for sale
Taxable	1,735	1,399
Tax-exempt	607	561
Dividends	44	36
Interest on deposits in banks and federal funds sold	24	27
Total interest and dividend income	12,341	11,758
INTEREST EXPENSE
Interest on deposits	1,893	2,308
Interest on securities sold under agreements to repurchase	83	56
Interest on short-term borrowings	148	63
Interest on FHLB borrowings and other debt	297	296
Total interest expense	2,421	2,723
NET INTEREST INCOME	9,920	9,035
Provision for loan losses	792	454
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	9,128	8,581
NONINTEREST INCOME
Service charges on deposit accounts	530	489
Trust services income	921	867
Gains on loans held for sale	3,769	1,929
Gains on securities available for sale, net	140	35
Total other-than-temporary impairment losses	(10)	(17)
Portion of loss recognized in other comprehensive income	10	16
Net impairment losses	0	(1)
Commissions on investment sales	147	95
Fees on mortgages held for sale	42	154
Other service charges, commissions and fees	150	115
Bank-owned life insurance	122	123
Other operating income	14	94
Total noninterest income	5,835	3,900
NONINTEREST EXPENSE
Salaries and employees' benefits	7,357	6,313
Net occupancy and equipment expense	1,778	1,676
Advertising	300	156
Computer operations	385	365
Other real estate owned	286	344
Other taxes	203	197
Federal deposit insurance expense	258	407
Other operating expenses	2,747	1,709
Total noninterest expense	13,314	11,167
Income before income taxes	1,649	1,314
Income tax expense	416	317
NET INCOME	1,233	997
Net loss attributable to noncontrolling interest	349	230
Net income attributable to Middleburg Financial Corporation	$ 1,582	$ 1,227
Earnings per share:
Basic (in dollars per share)	$ 0.23	$ 0.18
Diluted (in dollars per share)	$ 0.23	$ 0.18
Dividends per common share (in dollars per share)	$ 0.05	$ 0.05