Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Cash and due from banks	$ 8,550	$ 6,163
Interest-bearing deposits with other institutions	62,973	45,107
Total cash and cash equivalents	71,523	51,270
Securities available for sale, at fair value	308,374	308,242
Loans held for sale	92,501	92,514
Restricted securities, at cost	6,765	7,117
Loans receivable, net of allowance for loan losses of $13,941 at September 30, 2012 and $14,623 at December 31, 2011	678,423	656,770
Premises and equipment, net	20,618	21,306
Goodwill and identified intangibles	6,060	6,189
Other real estate owned, net of valuation allowance of $3,138 at September 30, 2012 and $1,522 at December 31, 2011	11,933	8,535
Prepaid federal deposit insurance	3,266	3,993
Accrued interest receivable and other assets	36,498	36,924
TOTAL ASSETS	1,235,961	1,192,860
Deposits:
Non-interest-bearing demand deposits	176,522	143,398
Savings and interest-bearing demand deposits	512,780	460,576
Time deposits	295,145	325,895
Total deposits	984,447	929,869
Securities sold under agreements to repurchase	32,767	31,686
Short-term borrowings	17,657	28,331
FHLB borrowings	72,912	82,912
Subordinated notes	5,155	5,155
Accrued interest payable and other liabilities	7,590	6,894
Commitments and contingent liabilities	0	0
TOTAL LIABILITIES	1,120,528	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 September 30, 2012 and December 31, 2011, respectively)	17,357	17,331
Capital surplus	43,746	43,498
Retained earnings	45,168	41,157
Accumulated other comprehensive income	6,264	3,926
Total Middleburg Financial Corporation shareholders' equity	112,535	105,912
Non-controlling interest in consolidated subsidiary	2,898	2,101
TOTAL SHAREHOLDERS' EQUITY	115,433	108,013
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,235,961	$ 1,192,860