Access National Corporation (NASDAQ:ANCX) Files An 8-K Other Events

Item 8.01 Other Events.

On January 25, 2017, Access National Corporation (the Company),
holding company for Access National Bank, issued a joint press
release announcing the hiring by Middleburg Financial Corporation
(Middleburg), holding company for Middleburg Bank, of David J.
Leudemann as Executive Vice President, Market Executive for
Middleburg Bank. A copy of the joint press release is attached
hereto as Exhibit 99.1 and incorporated by reference herein.

About the Proposed Transaction and Where to Find
It

As previously disclosed, Access and Middleburg have entered into
an Agreement and Plan of Reorganization (the Merger Agreement) to
which Middleburg will merge with and into Access (the Merger).
Access will be the surviving corporation in the Merger.

Investors are urged to review carefully and consider all public
filings by Access and Middleburg with the Securities and Exchange
Commission (the SEC), including but not limited to their Annual
Reports on Form 10-K, their proxy statements, their Quarterly
Reports on Form 10-Q, and their Current Reports on Form 8-K. The
documents filed with the SEC may be obtained free of charge at
the SEC’s website at www.sec.gov. The documents filed by
Access with the SEC may also be obtained free of charge at
Access’s website at www.accessnationalbank.com or by
requesting them in writing to Access National Corporation, 1800
Robert Fulton Drive, Suite 300, Reston, Virginia 20191,
Attention: Investor Relations. The documents filed by Middleburg
with the SEC may also be obtained free of charge at Middleburg’s
website at www.middleburgbank.com or by requesting them in
writing to Middleburg Financial Corporation, 111 West Washington
Street, Middleburg, Virginia 20117, Attention: Investor
Relations.

In connection with the Merger, Access has filed a registration
statement on Form S-4 with the SEC which includes a preliminary
joint proxy statement of Access and Middleburg and a preliminary
prospectus of Access. A definitive joint proxy
statement/prospectus will be sent to the shareholders of each
company seeking the required shareholder approvals.
Before making any voting or investment decision,
investors and security holders of Access and Middleburg are urged
to read carefully the entire definitive registration statement
and definitive joint proxy statement/prospectus when they become
available, including any amendments thereto, because they will
contain important information about the proposed
transaction. Information in this release is not a
substitute for the registration statement or the joint proxy
statement/prospectus. Free copies of these documents may be
obtained as described above.

Access, Middleburg and certain of their directors and executive
officers may be deemed participants in the solicitation of
proxies from Access and Middleburg shareholders in connection
with the proposed transaction. Information about the directors
and officers of Access and their ownership of Access common stock
is set forth in the definitive proxy statement for Access’s 2016
annual meeting of shareholders, as previously filed with the SEC
on April 18, 2016. Information about the directors and officers
of Middleburg and their ownership of Middleburg common stock is
set forth in the definitive proxy statement for Middleburg’s
2016 annual meeting of shareholders, as previously filed with the
SEC on April 12, 2016. Investors may obtain additional
information regarding the interests of such participants by
reading the definitive registration statement and the definitive
joint proxy statement/prospectus when they become available. Free
copies of these documents may be obtained as described above.

Forward-Looking Statements.

The information presented herein contains forward-looking
statements within the meaning of the Private Securities
Litigation Reform Act of 1995 regarding Accesss and Middleburgs
expectations or predictions of future financial or business
performance or conditions. Forward-looking statements may be
identified by words such as may, could, will, expect, believe,
anticipate, forecast, intend, plan, prospects, estimate,
potential, or by variations of such words or by similar
expressions. These forward-looking statements are subject to
numerous assumptions, risks and uncertainties which change over
time. Forward-looking statements in this report may include, but
are not limited to, statements about project impacts of and
financial results generated by the Merger. Forward-looking
statements speak only as of the date they are made and Access and
Middleburg assume no duty to update forward-looking statements.

In addition to factors previously disclosed in Accesss and
Middleburgs reports filed with the Securities and Exchange
Commission and those identified elsewhere in this report, the
following factors, among others, could cause actual results to
differ materially from the results expressed in or implied by
forward-looking statements and historical performance: ability to
obtain regulatory approvals and meet other closing conditions to
the Merger; delays in closing the Merger; changes in asset
quality and credit risk; changes in interest rates and capital
markets; the introduction, timing and success of business
initiatives; competitive conditions; and the inability to
recognize cost savings or revenues or to implement integration
plans associated with the Merger. Item 9.01 Financial
Statements and Exhibits.

About Access National Corporation (NASDAQ:ANCX)

Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in the Washington, District of Columbia Metropolitan Area. The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals. The Company operates through three segments: traditional commercial banking, mortgage banking and wealth management. Its commercial banking segment includes loans, investment securities and deposit services. Its mortgage banking segment includes mortgage loans held for sale, sales of loans in the secondary mortgage market and loan origination. Its wealth management segment includes portfolio asset management.

Access National Corporation (NASDAQ:ANCX) Recent Trading Information

Access National Corporation (NASDAQ:ANCX) closed its last trading session up +0.16 at 26.83 with 41,807 shares trading hands.