Middleburg Financial Corp (NASDAQ:MBRG)

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17.77 -0.04 / -0.22%
Data as of 3:59pm ET
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17.78 +0.01 / +0.06%
 
Volume: 130.00
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$127.1M

Company Description

Middleburg Financial Corp. operates as a holding company with interest in providing commercial banking services. It conducts its operations through two wholly owned subsidiaries: Middleburg Bank and Middleburg Investment Group and offers a wide range of banking, fiduciary and investment management services available to both individuals and small businesses. The company 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. It operates its business through three segments: Commercial & Retail Banking, Wealth Management and Mortgage Banking. The Commercial & Retail Banking segment consists of interest earned on loans and investment securities and service charges on deposit accounts. The Wealth Management segment comprises of fees based upon the market value of the accounts under administration as well as commissions on investment transactions. The Mortgage Banking 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.

Contact Information

Middleburg Financial Corp.
111 West Washington Street
Middleburg Virginia 20117
P:(540) 687-6377
Investor Relations:
(703) 777-6327

Employees

Shareholders

Mutual fund holders7.34%
Individual stakeholders41.68%
Other institutional23.56%

Top Executives

Gary Ross ShookPresident, CEO, Director & Head-Investor Relations
Jeffrey H. CulverChief Operating Officer, Secretary & Executive VP
Rajesh MehraChief Financial Officer, Treasurer & Executive VP
Robert Stewart MillerChief Marketing Officer & Executive Vice President
Tammy P. FrazierChief Accounting Officer & Senior Vice President

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