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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 8,965 $ 9,782
Interest and dividends on securities available for sale    
Taxable 1,531 1,735
Tax-exempt 630 607
Dividends 56 44
Interest on deposits in banks and federal funds sold 30 24
Total interest and dividend income 11,212 12,192
INTEREST EXPENSE    
Interest on deposits 1,373 1,893
Interest on securities sold under agreements to repurchase 80 83
Interest on short-term borrowings 29 148
Interest on FHLB borrowings and other debt 295 297
Total interest expense 1,777 2,421
NET INTEREST INCOME 9,435 9,771
Provision for (recovery of) loan losses (188) 792
NET INTEREST INCOME AFTER PROVISION FOR (RECOVERY OF) LOAN LOSSES 9,623 8,979
NONINTEREST INCOME    
Service charges on deposit accounts 534 530
Trust services income 960 921
Gains on loans held for sale 3,893 3,852
Gains on securities available for sale, net 47 140
Total other-than-temporary impairment losses 0 (10)
Portion of loss recognized in other comprehensive income 0 10
Net impairment losses 0 0
Commissions on investment sales 94 147
Fees on mortgages held for sale 17 42
Other service charges, commissions and fees 130 150
Bank-owned life insurance 120 122
Other operating income 133 80
Total noninterest income 5,928 5,984
NONINTEREST EXPENSE    
Salaries and employees' benefits 7,799 7,357
Net occupancy and equipment expense 1,805 1,778
Advertising 268 300
Computer operations 461 385
Other real estate owned 820 286
Other taxes 192 203
Federal deposit insurance expense 265 258
Other operating expenses 2,318 2,747
Total noninterest expense 13,928 13,314
Income (loss) before income taxes 1,623 1,649
Income tax expense 363 416
NET INCOME 1,260 1,233
Net loss attributable to noncontrolling interest 67 349
Net income attributable to Middleburg Financial Corporation $ 1,327 $ 1,582
Earnings per share:    
Basic (in dollars per share) $ 0.19 $ 0.23
Diluted (in dollars per share) $ 0.19 $ 0.23
Dividends per common share (in dollars per share) $ 0.05 $ 0.05