Consolidated Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 9,616	$ 9,731	$ 19,547	$ 19,466
Interest and dividends on securities available for sale
Taxable	1,704	1,751	3,439	3,150
Tax-exempt	596	604	1,203	1,165
Dividends	45	36	89	72
Interest on deposits in banks and federal funds sold	25	33	49	60
Total interest and dividend income	11,986	12,155	24,327	23,913
INTEREST EXPENSE
Interest on deposits	1,846	2,332	3,739	4,640
Interest on securities sold under agreements to repurchase	84	69	167	125
Interest on short-term borrowings	89	53	237	116
Interest on FHLB borrowings and other debt	287	306	584	602
Total interest expense	2,306	2,760	4,727	5,483
NET INTEREST INCOME	9,680	9,395	19,600	18,430
Provision for loan losses	730	1,087	1,522	1,541
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	8,950	8,308	18,078	16,889
NONINTEREST INCOME
Service charges on deposit accounts	538	526	1,068	1,015
Trust services income	979	983	1,900	1,850
Gains on loans held for sale	5,053	3,938	8,822	6,785
Gains on securities available for sale, net	148	87	288	122
Total other-than-temporary impairment losses	(36)	0	(46)	(17)
Portion of loss recognized in other comprehensive income	36	0	46	16
Net impairment losses	0	0	0	(1)
Commissions on investment sales	125	185	272	365
Fees on mortgages held for sale	64	87	106	241
Other service charges, commissions and fees	121	134	271	249
Bank-owned life insurance	123	139	245	262
Other operating income (expense)	(2)	(55)	12	105
Total noninterest income	7,149	6,024	12,984	10,993
NONINTEREST EXPENSE
Salaries and employees' benefits	7,506	7,813	14,863	15,129
Net occupancy and equipment expense	1,755	1,640	3,533	3,316
Advertising	447	285	747	441
Computer operations	394	343	779	708
Other real estate owned	874	606	1,160	950
Other taxes	205	205	408	402
Federal deposit insurance expense	261	358	519	765
Other operating expenses	1,869	1,703	4,616	3,478
Total noninterest expense	13,311	12,953	26,625	25,189
Income before income taxes	2,788	1,379	4,437	2,693
Income tax expense	598	301	1,014	618
NET INCOME	2,190	1,078	3,423	2,075
Net (income) loss attributable to noncontrolling interest	(421)	121	(72)	351
Net income attributable to Middleburg Financial Corporation	$ 1,769	$ 1,199	$ 3,351	$ 2,426
Earnings per share:
Basic (in dollars per share)	$ 0.25	$ 0.17	$ 0.48	$ 0.35
Diluted (in dollars per share)	$ 0.25	$ 0.17	$ 0.48	$ 0.35
Dividends per common share (in dollars per share)	$ 0.05	$ 0.05	$ 0.10	$ 0.10