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    Middleburg Financial Corporation (MBRG)

    18.25 Down 0.05(0.27%) 9:31AM EDT - Nasdaq Real Time Price
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    Middleburg Financial Corporation
    111 West Washington Street
    Middleburg, VA 20117
    United States - Map
    Phone: 703-777-6327
    Website: http://www.middleburgbank.com

    Index Membership:N/A
    Industry:Regional - Mid-Atlantic Banks
    Full Time Employees:183

    Business Summary 

    Middleburg Financial Corporation operates as the bank holding company for Middleburg Bank that provides various banking products and services to individuals, and small and medium-sized businesses. The company operates through Commercial & Retail Banking, Wealth Management, and Mortgage Banking segments. It provides various deposit accounts, such as demand and interest checking, money market, savings, and time deposit accounts. The company’s loan portfolio comprise construction loans, including residential loans, and land acquisition and development loans; commercial business loans; residential mortgage loans; commercial real estate loans; 1-4 family residential real estate loans; and consumer loans, such as unsecured personal loans and lines of credit, automobile loans, deposit account loans, installment and demand loans, and home equity loans. It also offers Internet banking, travelers’ checks, safe deposit rentals, notary public, and wire services, as well as mortgage banking services to residential borrowers in five states in the Southeastern United States. In addition, the company provides wealth management services; and investment management and fiduciary services, including trust and estate settlement, as well as investment brokerage services. As of December 31, 2013, it operated 12 branches in the Virginia communities of Ashburn, Gainesville, Leesburg, Marshall, Middleburg, Purcellville, Reston, Richmond, Warrenton, and Williamsburg. The company was founded in 1924 and is headquartered in Middleburg, Virginia.

    Key Statistics

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    Corporate Governance 
    Middleburg Financial Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 6; Compensation: 6.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Gary Ross Shook , 54
    Chief Exec. Officer, Pres, Director, Member of Investment Committee, Chief Exec. Officer of Middleburg Bank, Pres of Middleburg Bank and Director of Middleburg Bank
    Mr. Rajesh Mehra , 54
    Chief Financial Officer, Exec. VP and Treasurer
    Mr. Jeffery H. Culver , 46
    Chief Operating Officer, Sr. Exec. VP and Corp. Sec.
    Mr. Mark Andrew McLean , 61
    Chief Lending Officer and Exec. VP of Middleburg Bank
    Mr. David L. Hartley , 51
    Chief Exec. Officer of Middleburg Investment Group and Pres of Middleburg Investment Group
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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