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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 7,139 $ 6,163
Interest-bearing deposits with other institutions 47,276 45,107
Total cash and cash equivalents 54,415 51,270
Securities available for sale 319,457 308,242
Loans held for sale 82,114 92,514
Restricted securities, at cost 6,990 7,117
Loans receivable (net of allowance for loan losses of $14,311 in 2012 and $14,623 in 2011) 695,166 656,770
Premises and equipment, net 20,587 21,306
Goodwill and identified intangibles 6,017 6,189
Other real estate owned (net of valuation allowance of $1,707 in 2012 and $1,522 in 2011) 9,929 8,535
Prepaid federal deposit insurance 3,015 3,993
Accrued interest receivable and other assets 22,607 20,899
Bank Owned Life Insurance 16,484 16,025
TOTAL ASSETS 1,236,781 1,192,860
Deposits:    
Non-interest-bearing demand deposits 167,137 143,398
Savings and interest-bearing demand deposits 522,740 460,576
Time deposits 292,023 325,895
Total deposits 981,900 929,869
Securities sold under agreements to repurchase 33,975 31,686
Short-term borrowings 11,873 28,331
Federal Home Loan Bank borrowings 77,912 82,912
Subordinated notes 5,155 5,155
Accrued interest payable and other liabilities 8,844 6,894
TOTAL LIABILITIES 1,119,659 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 December 31, 2012 and 2011, respectively) 17,357 17,331
Capital surplus 43,869 43,498
Retained earnings 46,235 41,157
Accumulated other comprehensive income 6,467 3,926
Total Middleburg Financial Corporation shareholders' equity 113,928 105,912
Non-controlling interest in consolidated subsidiary 3,194 2,101
TOTAL SHAREHOLDERS' EQUITY 117,122 108,013
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,236,781 $ 1,192,860