Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of other borrowings

Other borrowings outstanding at December 31, 2012 and 2011 were as follows, in thousands:

	2012		2011
Advances from the FHLB; weighted average call dates at December 31, 2012 and 2011 were December 2013 and September 2014, respectively; and weighted average interest rates were 3.11% and 3.33%, respectively	$	143,195	$	132,297
Wholesale repurchase agreements; weighted average call dates at December 31, 2012 and 2011 were May 2013 and August 2012, respectively; and weighted average interest rates were 3.12% and 3.12%, respectively	85,000		85,000
Trust preferred securities	108,250		113,405
Senior notes	37,500		27,500
Note payable to unaffiliated bank	13,002		14,221
Contracts payable for purchase of real estate and other assets	2,078		397
Total	$	389,025	$	372,820

Schedule of repurchase agreements

A schedule of Heartland's wholesale repurchase agreements outstanding as of December 31, 2012, were as follows, in thousands:

	Amount		Interest Rate as of 12/31/12(1)			Issue Date	Maturity Date	Callable Date
Counterparty:
JP Morgan Chase	$	25,000	2.48	%		01/17/2008	01/17/2013	—
Citigroup Global Markets	15,000		3.32	%		04/17/2008	04/17/2015	04/17/2013
Citigroup Global Markets	20,000		3.61	%	(2)	04/17/2008	04/17/2018	04/17/2013
Barclays Capital	10,000		4.07	%		07/01/2008	07/01/2013	07/01/2013
Citigroup Global Markets	15,000		2.69	%		01/23/2009	01/23/2014	—
	$	85,000
(1) Interest rates are fixed with the exception of the interest rate on the $20.0 million transaction with Citigroup Global Markets.
(2) Interest rate resets quarterly on the 17th of January, April, July and October of each year until maturity. Embedded within the contract is a cap interest rate of 3.61%.

Schedule of preferred offerings outstanding

A schedule of Heartland’s trust preferred offerings outstanding as of December 31, 2012, were as follows, in thousands:

	Amount Issued		Interest Rate	Interest Rate as of 12/31/12 (1)			Maturity Date	Callable Date
Heartland Financial Statutory Trust III	$	20,619	8.25%	8.25	%		10/10/2033	03/31/2013
Heartland Financial Statutory Trust IV	25,774		2.75% over LIBOR	3.30	%	(2)	03/17/2034	03/17/2013
Heartland Financial Statutory Trust V	20,619		1.33% over LIBOR	1.73	%	(3)	04/07/2036	04/07/2013
Heartland Financial Statutory Trust VI	20,619		6.75%	6.75	%	(4)	09/15/2037	03/15/2013
Heartland Financial Statutory Trust VII	20,619		1.48% over LIBOR	2.01	%	(5)	09/01/2037	06/01/2013
	$	108,250
(1) Effective weighted average interest rate as of December 31, 2012, was 5.91% due to interest rate swap transactions on the variable rate securities as discussed in Note 12 to Heartland's consolidated financial statements.
(2) Effective interest rate as of December 31, 2012, was 5.33% due to an interest rate swap transaction as discussed in Note 12 to Heartland's consolidated financial statements.
(3) Effective interest rate as of December 31, 2012, was 4.69% due to an interest rate swap transaction as discussed in Note 12 to Heartland's consolidated financial statements.
(4) Interest rate is fixed at 6.75% through June 15, 2017 then resets to 1.48% over LIBOR for the remainder of the term.
(5) Effective interest rate as of December 31, 2012, was 4.70% due to an interest rate swap transaction as discussed in Note 12 to Heartland's consolidated financial statements.

Schedule of maturities of other borrowings

Future payments at December 31, 2012, for other borrowings follow in the table below, in thousands. Callable FHLB advances and wholesale repurchase agreements are included in the table at their call date.

2013	$	150,431
2014	21,485
2015	47,045
2016	24,367
2017	17,103
Thereafter	128,594
	$	389,025