Goodwill and Intangibles Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangibles Assets [Abstract]

Schedule of intangible assets and goodwill

Goodwill is not amortized, but is tested at least annually for impairment by the Company. Based on the testing for impairment of goodwill and intangible assets, there were no impairment charges for 2012, 2011, or 2010. Identifiable intangible assets are being amortized over the period of expected benefit, which is 15 years. Goodwill and intangible assets relate to the Company's acquisition of Middleburg Trust Company and Middleburg Investment Advisors and the consolidation of Southern Trust Mortgage. Information concerning goodwill and intangible assets is presented in the following table:

	December 31, 2012				December 31, 2011
(In thousands)	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Identifiable intangibles	$	3,734	$	3,006	$	3,734	$	2,835
Unamortizable goodwill	5,289		—		5,289		—

Estimated amortization expense of identifiable intangibles

Amortization expense of intangible assets for each of the three years ended December 31, 2012, 2011, and 2010 totaled $171,000. Estimated amortization expense of identifiable intangibles for the years ended December 31 follows:

(In thousands)
2013	$	171
2014		171
2015		171
2016		171
2017		44
	$	728