| 19.13 Data as of 9:30am ET |  +0.02 / +0.10%Today’s Change | 15.40 Today|||52-Week Range 20.89 | +8.32% Year-to-Date |
| SECTOR Finance | INDUSTRY Regional Banks | MARKET CAP $134.8M |
Company Description
Middleburg Financial Corp. operates as a holding company with interest in providing commercial banking services. The company conducts its operations through two wholly owned subsidiaries: Middleburg Bank and Middleburg Investment Group. The Middleburg Bank offers a wide range of banking, fiduciary and investment management services available to both individuals and small businesses. Its services includes various types of checking and savings deposit accounts, and the making of business, real estate, development, mortgage, home equity, automobile and other installment, demand and term loans. The company operates its business through three segments: Commercial and Retail Banking Services, Wealth Management Services and Mortgage Banking Services. The Commercial and Retail Banking Services segment consists of interest earned on loans and investment securities and service charges on deposit accounts. The wealth management Services segment comprises of fees based upon the market value of the accounts under administration as well as commissions on investment transactions. The Mortgage Banking Services segment consists of interest earned on loans and fees received as a result of the mortgage origination process. Middleburg Financial was founded in 1993 and is headquartered in Middleburg, VA.
Employees
Shareholders
| Mutual fund holders | 7.26% |
| Individual stakeholders | 39.83% |
| Other institutional | 22.51% |
Top Executives
| Joseph Landon Boling | Chairman |
| Gary Ross Shook | President, CEO, Director & Head-Investor Relations |
| Jeffrey H. Culver | Chief Operating Officer, Secretary & Executive VP |
| Rajesh Mehra, MBA | Chief Financial Officer & Executive Vice President |
| Dwight S. Lampley | Chief Revenue Officer & Executive Vice President |
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