Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Schedule of reportable segments and reconciliation to the consolidated financial statements

Information about reportable segments and reconciliation to the consolidated financial statements follows:

	2012
	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:	(In Thousands)
Interest income	$	46,095	$	10	$	2,740		$	(1,822	)	$	47,023
Wealth management fees	—		4,409		—			(140		)	4,269
Other income	3,895		—		21,787			(497		)	25,185
Total operating income	49,990		4,419		24,527			(2,459		)	76,477
Expenses:
Interest expense	8,433		—		2,213			(1,822		)	8,824
Salaries and employee benefits	15,678		2,208		12,531			—			30,417
Provision for loan losses	3,410		—		28			—			3,438
Other expense	17,413		1,300		5,766			(637		)	23,842
Total operating expenses	44,934		3,508		20,538			(2,459		)	66,521
Income before income taxes and non-controlling interest	5,056		911		3,989			—			9,956
Income tax expense	1,593		373		—			—			1,966
Net income	3,463		538		3,989			—			7,990
Non-controlling interest in consolidated subsidiary	—		—		(1,504		)	—			(1,504		)
Net income attributable to Middleburg Financial Corporation	$	3,463	$	538	$	2,485		$	—		$	6,486
Total assets	$	1,216,813	$	6,416	$	94,282		$	(80,730	)	$	1,236,781
Capital expenditures	947		—		98						1,045
Goodwill and other intangibles	—		4,150		1,867			—			6,017

	2011
	Commercial & Retail Banking		Wealth Management		Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:	(In Thousands)
Interest income	$	47,080	$	14	$	2,931		$	(1,389	)	$	48,636
Wealth management fees	—		4,150		—			(121		)	4,029
Other income	3,521		—		12,543			(131		)	15,933
Total operating income	50,601		4,164		15,474			(1,641		)	68,598
Expenses:
Interest expense	10,374		—		1,706			(1,389		)	10,691
Salaries and employee benefits	15,390		2,369		9,614			—			27,373
Provision for loan losses	3,141		—		(257		)	—			2,884
Other expense	15,531		1,232		5,127			(252		)	21,638
Total operating expenses	44,436		3,601		16,190			(1,641		)	62,586
Income (loss) before income taxes and non-controlling interest	6,165		563		(716		)	—			6,012
Income tax expense	1,230		120		—			—			1,350
Net income (loss)	4,935		443		(716		)	—			4,662
Non-controlling interest in consolidated subsidiary	—		—		298			—			298
Net income (loss) attributable to Middleburg Financial Corporation	$	4,935	$	443	$	(418	)	$	—		$	4,960
Total assets	$	1,262,358	$	5,975	$	101,876		$	(177,349	)	$	1,192,860
Capital expenditures	1,197		3		151			—			1,351
Goodwill and other intangibles	—		4,322		1,867			—			6,189

	2010
	Commercial & Retail Banking			Wealth Management			Mortgage Banking			Intercompany Eliminations			Consolidated
Revenues:	(In Thousands)
Interest income	$	47,098		$	9		$	2,315		$	(1,391	)	$	48,031
Wealth management fees	—			3,782			—			(103		)	3,957
Other income	2,703			—			14,141			(11		)	16,833
Total operating income	49,801			3,791			16,456			(1,505		)	68,821
Expenses:
Interest expense	13,783			—			1,782			(1,390		)	14,175
Salaries and employee benefits	12,887			2,588			8,628			—			24,103
Provision for loan losses	11,122			—			883			—			12,005
Other expense	17,589			1,356			4,318			(115		)	23,148
Total operating expenses	55,381			3,944			15,611			(1,505		)	73,431
Income (loss) before income taxes and non-controlling interest	(5,580		)	(153		)	845			—			(4,888		)
Income tax expense (benefit)	(2,575		)	13			—			—			(2,562		)
Net income (loss)	(3,005		)	(166		)	845			—			(2,326		)
Non-controlling interest in consolidated subsidiary	—			—			(362		)	—			(362		)
Net income (loss) attributable to Middleburg Financial Corporation	$	(3,005	)	$	(166	)	$	483		$	—		$	(2,688	)
Total assets	$	1,081,231		$	5,931		$	70,512		$	(53,107	)	$	1,104,567
Capital expenditures	852			—			87			—			939
Goodwill and other intangibles	—			4,493			1,867			—			6,360