Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 19, 2009, Rodney J. White, Vice President and Chief Accounting Officer of Middleburg Financial Corporation (the "Company"), notified the Company of his resignation, effective November 2, 2009.

Upon effectiveness of Mr. White's resignation, Raj Mehra, Executive Vice President and Chief Financial Officer of the Company, assumed the responsibilities of principal accounting officer of the Company in addition to his existing duties. As previously disclosed, Mr. Mehra, age 48, was appointed as Executive Vice President and Chief Financial Officer of the Company in October 2009. Prior to joining the Company, Mr. Mehra had served as Executive Vice President and Chief Financial Officer of Fidelity Co-operative Bank since January 2008. From July 2007 to January 2008, he served as President of Chelsea Advisory Services, LLC, a consulting firm specializing in banking and capital markets. He also was Senior Vice President and Chief Financial Officer of Urban Trust Bank from 2005 to July 2007 and a Senior Business Manager with Fannie Mae from 2003 to 2004.

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