Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Financial Instruments

The following tables summarize the fair value of derivative financial instruments utilized by Horizon Bancorp:

	Asset Derivative December 31, 2013				Liability Derivatives December 31, 2013
Derivatives designated as hedging instruments (Unaudited)	Balance Sheet Location	Fair Value			Balance Sheet Location	Fair Value
Interest rate contracts	Loans	$	7$		Other liabilities		(53	)
Interest rate contracts	Other Assets		(60	)	Other liabilities		2,826
Total derivatives designated as hedging instruments			(53	)			2,773
Derivatives not designated as hedging instruments
Mortgage loan contracts	Other assets		212		Other liabilities		22
Total derivatives not designated as hedging instruments			212				22
Total derivatives		$	159			$	2,795

	Asset Derivative December 31, 2012			Liability Derivatives December 31, 2012
Derivatives designated as hedging instruments (Unaudited)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Interest rate contracts	Loans	$	279	Other liabilities	$	2,214
Interest rate contracts	Other Assets		1,935	Other liabilities		5,493
Total derivatives designated as hedging instruments			2,214			7,707
Derivatives not designated as hedging instruments
Mortgage loan contracts	Other assets		858	Other liabilities		—
Total derivatives not designated as hedging instruments			858			—
Total derivatives		$	3,072		$	7,707

Effect of Derivative Instruments on Consolidated Statement of Income Derivative in Cash Flow Hedging Relationship

The effect of the derivative instruments on the consolidated statement of income for the twelve month periods ended is as follows:

Derivative in cash flow	Amount of Loss Recognized in Other Comprehensive Income on Derivative (Effective Portion) Years Ended December 31
hedging relationship	2013		2012			2011
Interest rate contracts	$	1,734$		(376	)$		(2,300	)

Effect of Derivative Instruments on Consolidated Statement of Income Derivative in Fair Value Hedging Relationship

Derivative in fair value	Location of gain (loss)	Amount of Gain (Loss) Recognized on Derivative Years Ended December 31
hedging relationship	recognized on derivative	2013			2012			2011
Interest rate contracts	Interest income—loans	$	(2,267	)	$	28		$	147
Interest rate contracts	Interest income—loans		2,267			(28	)		(147	)
Total		$	—		$	—		$	—

Derivative in fair value	Location of gain (loss)	Amount of Gain (Loss) Recognized on Derivative Years Ended December 31
hedging relationship	recognized on derivative	2013			2012		2011
Mortgage contracts	Other income—gain on sale of loans	$	(667	)	$	196	$	255