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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 5,934 $ 6,163
Interest-bearing deposits with other institutions 72,877 45,107
Total cash and cash equivalents 78,811 51,270
Securities available for sale 314,530 308,242
Loans held for sale 67,965 92,514
Restricted securities, at cost 7,167 7,117
Loans receivable, net of allowance for loan losses of $14,969 at June 30, 2012 and $14,623 at December 31, 2011 670,941 656,770
Premises and equipment, net 21,021 21,306
Goodwill and identified intangibles 6,103 6,189
Other real estate owned, net of valuation allowance of $1,982 at June 30, 2012 and $1,522 at December 31, 2011 13,335 8,535
Prepaid federal deposit insurance 3,510 3,993
Accrued interest receivable and other assets 35,467 36,924
TOTAL ASSETS 1,218,850 1,192,860
Deposits:    
Non-interest-bearing demand deposits 154,838 143,398
Savings and interest-bearing demand deposits 509,291 460,576
Time deposits 311,156 325,895
Total deposits 975,285 929,869
Securities sold under agreements to repurchase 33,034 31,686
Short-term borrowings 8,393 28,331
FHLB Borrowings 77,912 82,912
Subordinated notes 5,155 5,155
Accrued interest payable and other liabilities 7,066 6,894
Commitments and contingent liabilities 0 0
TOTAL LIABILITIES 1,106,845 1,084,847
SHAREHOLDERS' EQUITY    
Common stock ($2.50 par value; 20,000,000 shares authorized, 7,052,554 and 6,996,932 issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 17,364 17,331
Capital surplus 43,616 43,498
Retained earnings 43,805 41,157
Accumulated other comprehensive income 5,100 3,926
Total Middleburg Financial Corporation shareholders' equity 109,885 105,912
Non-controlling interest in consolidated subsidiary 2,120 2,101
TOTAL SHAREHOLDERS' EQUITY 112,005 108,013
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,218,850 $ 1,192,860