Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below identifies the balance sheet category and fair values of Heartland's derivative instruments designated as cash flow hedges at March 31, 2014, and December 31, 2013, in thousands:

	Notional Amount		Fair Value			Balance Sheet Category	Receive Rate		Weighted Average Pay Rate		Maturity
March 31, 2014
Interest rate swap	$	11,388	$	(406	)	Other Liabilities	2.910	%	5.140	%	04/20/2016
Interest rate swap	25,000		62			Other Assets	0.233	%	2.255	%	03/17/2021
Interest rate swap	20,000		(1,393		)	Other Liabilities	0.236	%	3.220	%	03/01/2017
Interest rate swap	20,000		(1,668		)	Other Liabilities	0.240	%	3.355	%	01/07/2020
Interest rate swap	10,000		45			Other Assets	0.235	%	1.674	%	03/26/2019
Interest rate swap	10,000		45			Other Assets	0.233	%	1.658	%	03/18/2019
December 31, 2013
Interest rate swap	$	11,719	$	(457	)	Other Liabilities	2.917	%	5.140	%	04/20/2016
Interest rate swap	25,000		(146		)	Other Liabilities	0.244	%	2.580	%	03/17/2014
Interest rate swap	20,000		(1,507		)	Other Liabilities	0.239	%	3.220	%	03/01/2017
Interest rate swap	20,000		(1,587		)	Other Liabilities	0.243	%	3.355	%	01/07/2020

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The table below identifies the gains and losses recognized on Heartland's derivative instruments designated as cash flow hedges for the three months ended March 31, 2014, and March 31, 2013, in thousands:

	Effective Portion							Ineffective Portion
	Recognized in OCI			Reclassified from AOCI into Income				Recognized in Income on Derivatives
	Amount of Gain (Loss)			Category	Amount of Gain (Loss)			Category	Amount of Gain (Loss)
March 31, 2014
Interest rate swap	$	51		Interest Expense	$	(65	)	Other Income	$	—
Interest rate swap	146			Interest Expense	(146		)	Other Income	—
Interest rate swap	62			Interest Expense	—			Other Income	—
Interest rate swap	114			Interest Expense	(151		)	Other Income	—
Interest rate swap	(81		)	Interest Expense	(159		)	Other Income	—
Interest rate swap	45			Interest Expense	—			Other Income	—
Interest rate swap	45			Interest Expense	—			Other Income	—
March 31, 2013
Interest rate swap	$	66		Interest Expense	$	(71	)	Other Income	$	—
Interest rate swap	143			Interest Expense	(142		)	Other Income	—
Interest rate swap	131			Interest Expense	(142		)	Other Income	—
Interest rate swap	247			Interest Expense	(150		)	Other Income	—

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The table below identifies the balance sheet category and fair values of Heartland's derivative instruments not designated as hedging instruments at March 31, 2014, and December 31, 2013, in thousands:

	Balance Sheet Category	Notional Amount		Fair Value
March 31, 2014
Interest rate lock commitments (mortgage)	Other Assets	$	92,583	$	2,993
Forward commitments	Other Assets	108,333		238
Forward commitments	Other Liabilities	98,823		(307		)
December 31, 2013
Interest rate lock commitments (mortgage)	Other Assets	$	63,370	$	1,809
Forward commitments	Other Assets	117,637		1,206
Forward commitments	Other Liabilities	53,277		(133		)

The table below identifies the income statement category of the gains and losses recognized in income on Heartland's derivative instruments not designated as hedging instruments for the three months ended March 31, 2014, and March 31, 2013, in thousands:

	Income Statement Category	Year-to-Date Gain (Loss) Recognized
March 31, 2014
Interest rate lock commitments (mortgage)	Gains on sale of loans held for sale	$	1,882
Forward commitments	Gains on sale of loans held for sale	(1,142		)
March 31, 2013
Interest rate lock commitments (mortgage)	Gains on sale of loans held for sale	$	(3,161	)
Forward commitments	Gains on sale of loans held for sale	372