Middleburg Financial Corp (MBRG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
111 W WASHINGTON ST MIDDLEBURG, VA 22117 |
| State of Incorp. | VA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 39,228 | 55,022 | 67,343 | 54,415 | |||
| Cash and cash equivalent | 39,228 | 55,022 | 67,343 | 54,415 | |||
| Derivative instruments and hedges, assets | 80 | ||||||
| Total current assets: | 39,228 | 55,022 | 67,343 | 54,495 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 19,531 | 18,104 | 20,017 | 20,587 | |||
| Long-term investments and receivables | 155 | 155 | 155 | 155 | |||
| Long-term investments | 155 | 155 | 155 | 155 | |||
| Intangible assets, net (including goodwill), including: | 3,636 | 3,807 | 5,346 | 6,017 | |||
| Goodwill | 3,421 | 3,421 | |||||
| Intangible assets, net (excluding goodwill) | 215 | 386 | 557 | 728 | |||
| Other undisclosed intangible assets, net (including goodwill) | 4,789 | 5,289 | |||||
| Total noncurrent assets: | 23,322 | 22,066 | 25,518 | 26,759 | |||
| Other undisclosed assets | 1,232,313 | 1,145,769 | 1,134,892 | 1,155,527 | |||
| TOTAL ASSETS: | 1,294,863 | 1,222,857 | 1,227,753 | 1,236,781 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Debt | 26,869 | 38,551 | 11,873 | ||||
| Total current liabilities: | 26,869 | 38,551 | 11,873 | ||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 1,144,440 | 1,062,272 | 1,112,680 | 1,107,786 | |||
| Total liabilities: | 1,171,309 | 1,100,823 | 1,112,680 | 1,119,659 | |||
| Equity | |||||||
| Equity, attributable to parent | 123,554 | 122,034 | 112,575 | 113,928 | |||
| Common stock | 17,330 | 17,494 | 17,403 | 17,357 | |||
| Additional paid in capital | 44,155 | 44,892 | 44,251 | 43,869 | |||
| Accumulated other comprehensive income (loss) | 1,677 | 3,794 | 232 | 6,467 | |||
| Retained earnings | 60,392 | 55,854 | 50,689 | 46,235 | |||
| Equity, attributable to noncontrolling interest | 2,498 | 3,194 | |||||
| Total equity: | 123,554 | 122,034 | 115,073 | 117,122 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,294,863 | 1,222,857 | 1,227,753 | 1,236,781 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 47,886 | 66,004 | ||||
| Net investment income | 42,281 | 43,325 | ||||
| Other operating income | 5,605 | 10,424 | 20,569 | 25,185 | ||
| Financial services revenue | 12,255 | |||||
| Cost of revenue (Financial Services Costs) | (2,293) | (1,960) | (109) | (3,438) | ||
| Gross profit: | 45,593 | 64,044 | (109) | (3,438) | ||
| Operating expenses | (48,284) | (60,717) | (66,521) | |||
| Other operating income, net (Noninterest Income, Other Operating Income) | 1,659 | 1,163 | 343 | |||
| Other undisclosed operating income | 7,078 | 40,692 | 128,474 | 146,093 | ||
| Operating income: | 52,671 | 58,111 | 68,811 | 76,477 | ||
| Nonoperating income (expense) | 656 | 1,442 | (275) | 584 | ||
| Investment income, nonoperating | 794 | |||||
| Gains (losses) on sales of other real estate | (14) | (747) | 125 | |||
| Bank owned life insurance income | 656 | 662 | 472 | 459 | ||
| Interest and debt expense | (4,207) | (5,243) | (6,567) | (8,824) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (38,575) | (44,483) | (53,875) | (58,281) | ||
| Income from continuing operations before income taxes: | 10,545 | 9,827 | 8,094 | 9,956 | ||
| Income tax expense | (2,715) | (2,341) | (1,931) | (1,966) | ||
| Income from continuing operations: | 7,830 | 7,486 | 6,163 | 7,990 | ||
| Income before gain (loss) on sale of properties: | 7,830 | 7,486 | 6,163 | 7,990 | ||
| Net income: | 7,830 | 7,486 | 6,163 | 7,990 | ||
| Net income (loss) attributable to noncontrolling interest | 98 | (9) | (1,504) | |||
| Net income available to common stockholders, diluted: | 7,830 | 7,584 | 6,154 | 6,486 | ||
Comprehensive Income ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 7,830 | 7,486 | 6,163 | 7,990 | ||
| Other comprehensive income (loss) | (2,117) | 3,562 | (6,235) | 2,541 | ||
| Comprehensive income (loss): | 5,713 | 11,048 | (72) | 10,531 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 98 | 9 | 1,504 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (18) | (3,008) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 5,713 | 11,146 | (81) | 9,027 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.