Middleburg Bank History

• 1924 The Middleburg National Bank was established in 1924.
• 1994 Independent Community Bankshares (ICB) was formed as the holding company. Purcellville office opened - the first new branch in 70 years
• 1996 Leesburg office opened.
• 1997 Middleburg Investment Services began providing investment products to clients.
  The Tredegar Trust Company joined ICB.
  ICB stock was listed on the OTC Bulletin Board for the first time in October.
• 1998 Mortgage Banking Division was launched.
• 1999 Ashburn office opened.
• 2002 ICB acquired Gilkison Patterson Investment Advisors (GPIA) in April.
  ICB became Middleburg Financial Corporation in May.
  The Operations Center opened in Leesburg in June.
  Fort Evans office in Leesburg opened in July.
• 2003 MFC completed its 40% acquisition of Southern Trust Mortgage.
  Assets of MFC exceeded $500 million in December.
• 2004 Middleburg Bank celebrated its 80th year of service in July.
  Reston office opened in October.
• 2005 Tredegar Trust and GPIA became Middleburg Trust Company and Middleburg Investment Advisors in October. Middleburg Investment Group was formed.
  Warrenton office opened in October.
• 2007 Marshall office opened in March

Middleburg Financial Company is a financial holding company that conducts its primary operations through two wholly owned subsidiaries: Middleburg Bank and Middleburg Investment Group.

Middleburg Bank is a full-service commercial bank with locations in Loudoun, Fairfax, and Fauquier Counties. It is headquartered in Middleburg, Virginia, with an operations center in Leesburg, Virginia.

Middleburg Trust Company is a member of Middleburg Investment Group and is headquartered in Richmond, Virginia with offices in Middleburg and Williamsburg. They provide comprehensive portfolio management, trust administration and estate settlement services.

Middleburg Investment Advisors is also a member of Middleburg Investment Group and is headquartered in Alexandria, Virginia. They specialize in fixed income securities and invest primarily in investment grade issues.

Middleburg Mortgage, the local arm of Southern Trust Mortgage, offers a complete line of real estate financing services. MFC owns a 40% interest in Southern Trust Mortgage, which is headquartered in Norfolk, Virginia, and is licensed to conduct residential financing in VA, DC, MD, WV, DE, TN, NC, SC, GA and FL.

MFC stock is publicly traded on the NASDAQ SmallCap Market under the symbol MBRG.