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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Balance Sheet Category and Fair Values of Derivative Instruments
The table below identifies the notional amount, fair value and balance sheet category of HTLF's fair value hedges at September 30, 2022, and December 31, 2021, in thousands:
Notional AmountFair ValueBalance Sheet Category
September 30, 2022
Fair value hedges$1,237 $56 Other assets
December 31, 2021
Fair value hedges $16,755 $(1,208)Other liabilities
The table below identifies the balance sheet category and fair values of the derivative instruments designated as loan swaps at September 30, 2022, and December 31, 2021, in thousands:
Notional
Amount		Fair
Value 		Balance Sheet
Category		Weighted
Average
Receive Rate		Weighted
Average
Pay Rate
September 30, 2022
Customer interest rate swaps$740,620 $48,708 Other assets4.16 %5.83 %
Customer interest rate swaps740,620 (48,708)Other liabilities5.83 4.16 
December 31, 2021
Customer interest rate swaps$463,069 $23,574 Other assets4.44 %2.35 %
Customer interest rate swaps463,069 (23,574)Other liabilities2.35 4.44 
Gains (Losses) on Derivative Instruments
The table below identifies the gains and losses recognized on HTLF's fair value hedges for the three- and nine- months ended September 30, 2022, and September 30, 2021, in thousands:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2022202120222021
Gain recognized in interest income on fair value hedges$39 $35 $1,264 $930 
Balance Sheet Category and Fair Values of Embedded Derivatives The table below identifies the notional amount, fair value and balance sheet category of the embedded derivatives at September 30, 2022, and December 31, 2021, in thousands:
Notional AmountFair ValueBalance Sheet Category
September 30, 2022
Embedded derivatives $6,118 $129 Other assets
December 31, 2021
Embedded derivatives $7,496 $(317)Other liabilities

The table below identifies the gains and losses recognized on HTLF's embedded derivatives for the three- and nine- months ended September 30, 2022, and September 30, 2021, in thousands:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2022202120222021
Gain (loss) recognized in other noninterest income on embedded derivatives$121 $(66)$446 $(249)
Schedule of Other Derivatives Not Designated as Hedging Instruments, Balance Sheet and Income Category
The table below identifies the balance sheet category and fair values of HTLF's other free standing derivative instruments not designated as hedging instruments at September 30, 2022, and December 31, 2021, in thousands:
 Balance Sheet CategoryNotional AmountFair Value
September 30, 2022
Interest rate lock commitments (mortgage)Other assets$20,476 $231 
Forward commitmentsOther assets24,750 829 
Forward commitmentsOther liabilities 2,000 (11)
Undesignated interest rate swapsOther liabilities6,118 (129)
December 31, 2021
Interest rate lock commitments (mortgage)Other assets$37,046 $1,306 
Forward commitmentsOther assets19,000 32 
Forward commitmentsOther liabilities35,500 (95)
Undesignated interest rate swapsOther assets7,496 317 

HTLF recognizes gains and losses on other free standing derivatives in two separate income statement categories. Interest rate lock commitments and forward commitments are recognized in net gains on sale of loans held for sale and undesignated interest rate swaps are recognized in other noninterest income. The table below identifies the gains and losses recognized in income on HTLF's other free standing derivative instruments not designated as hedging instruments for the three- and nine- months ended September 30, 2022, and September 30, 2021, in thousands:
Three Months Ended
September 30,		Nine Months Ended
September 30,
 2022202120222021
Interest rate lock commitments (mortgage)$(1,337)$(189)$(2,009)$(1,924)
Forward commitments813 413 881 916 
Undesignated interest rate swaps(121)66 (446)249