Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

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, 2013, and December 31, 2012, in thousands:

	Notional Amount		Fair Value			Balance Sheet Category	Receive Rate		Weighted Average Pay Rate		Maturity
March 31, 2013
Interest rate swap	$	12,688	$	(645	)	Other Liabilities	2.953	%	5.140	%	04/20/2016
Interest rate swap	25,000		(565		)	Other Liabilities	0.280	%	2.580	%	03/17/2014
Interest rate swap	20,000		(2,055		)	Other Liabilities	0.287	%	3.220	%	03/01/2017
Interest rate swap	20,000		(2,773		)	Other Liabilities	0.305	%	3.355	%	01/07/2020
December 31, 2012
Interest rate swap	$	13,002	$	(711	)	Other Liabilities	2.961	%	5.140	%	04/20/2016
Interest rate swap	25,000		(708		)	Other Liabilities	0.308	%	2.580	%	03/17/2014
Interest rate swap	20,000		(2,186		)	Other Liabilities	0.311	%	3.220	%	03/01/2017
Interest rate swap	20,000		(3,020		)	Other Liabilities	0.351	%	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, 2013, and March 31, 2012, 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, 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	—
March 31, 2012
Interest rate swap	$	22	Interest Expense	$	(75	)	Other Income	$	—
Interest rate swap	29		Interest Expense	(128		)	Other Income	—
Interest rate swap	88		Interest Expense	(136		)	Other Income	—
Interest rate swap	282		Interest Expense	(155		)	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, 2013, and December 31, 2012, in thousands:

	Balance Sheet Category	Notional Amount		Fair Value
March 31, 2013
Interest rate lock commitments (mortgage)	Other Assets	$	193,522	$	6,683
Forward commitments	Other Assets	146,444		636
Forward commitments	Other Liabilities	227,118		(1,024		)
December 31, 2012
Interest rate lock commitments (mortgage)	Other Assets	$	267,397	$	9,353
Forward commitments	Other Assets	168,910		462
Forward commitments	Other Liabilities	351,996		(1,221		)

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, 2013, and March 31, 2012, in thousands:

	Income Statement Category	Year-to-Date Gain(Loss) Recognized
March 31, 2013
Interest rate lock commitments (mortgage)	Gains on sale of loans	$	(3,161	)
Forward commitments	Gains on sale of loans	372
March 31, 2012
Interest rate lock commitments (mortgage)	Gains on sale of loans	2,795
Forward commitments	Gains on sale of loans	909