Login

MIDDLEBURG FINANCIAL CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2016 10-K, filed Mar 15, 2017. Its latest SEC filing is a 15-12G from Apr 13, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Provides banking, lending, fiduciary and investment management services to individuals and small businesses in Virginia.

How Did They Make Money?

revenue

Who Were Their Customers?

The company serves individuals and small businesses through its bank, while its trust company provides investment management and fiduciary services to clients.

Did Revenues Turn Into Profits?

Yes. It kept 19 cents of every revenue dollar as net income in .

Operating income,
125% of revenue
▲ +3% vs ($52.7M, 125%)
Net income,
19% of revenue
▲ +3% vs ($7.8M, 19%)

How Were They Changing?

Since the FY2016 annual report
  • Apr 6, 2017 Access completed its merger with Middleburg Financial Access became the surviving company, and Middleburg Bank merged into Access National Bank.

Held flat. Revenue was $43.4M in , about the same as the $47M of .

Mortgage banking sale The older report described mortgage lending through Southern Trust Mortgage, which originated and sold loans. The latest report says the company sold its majority interest in the mortgage business and includes later mortgage activity in retail banking.

Who Did They Compete With?

Competes with Bankers Title Shenandoah

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support