Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2013, and December 31, 2012, in thousands:

	Notional Amount		Fair Value			Balance Sheet Category	Receive Rate		Weighted Average Pay Rate		Maturity
June 30, 2013
Interest rate swap	$	12,369	$	(535	)	Other Liabilities	2.940	%	5.140	%	04/20/2016
Interest rate swap	25,000		(427		)	Other Liabilities	0.273	%	2.580	%	03/17/2014
Interest rate swap	20,000		(1,645		)	Other Liabilities	0.275	%	3.220	%	03/01/2017
Interest rate swap	20,000		(1,890		)	Other Liabilities	0.280	%	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 six months ended June 30, 2013, and June 30, 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)
June 30, 2013
Interest rate swap	$	176		Interest Expense	$	(141	)	Other Income	$	—
Interest rate swap	281			Interest Expense	(289		)	Other Income	—
Interest rate swap	541			Interest Expense	(295		)	Other Income	—
Interest rate swap	1,130			Interest Expense	(304		)	Other Income	—
June 30, 2012
Interest rate swap	$	(44	)	Interest Expense	$	(151	)	Other Income	$	—
Interest rate swap	132			Interest Expense	(262		)	Other Income	—
Interest rate swap	(150		)	Interest Expense	(276		)	Other Income	—
Interest rate swap	(406		)	Interest Expense	(296		)	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 June 30, 2013, and December 31, 2012, in thousands:

	Balance Sheet Category	Notional Amount		Fair Value
June 30, 2013
Interest rate lock commitments (mortgage)	Other Assets	$	130,022	$	2,913
Interest rate lock commitments (mortgage)	Other Liabilities	34,898		(437		)
Forward commitments	Other Assets	341,776		12,091
Forward commitments	Other Liabilities	171,272		(2,709		)
December 31, 2012
Interest rate lock commitments (mortgage)	Other Assets	$	267,397	$	9,353
Interest rate lock commitments (mortgage)	Other Liabilities	—		—
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 six months ended June 30, 2013, and June 30, 2012, in thousands:

	Income Statement Category	Year-to-Date Gain (Loss) Recognized
June 30, 2013
Interest rate lock commitments (mortgage)	Gains on sale of loans	$	(11,266	)
Forward commitments	Gains on sale of loans	10,141
June 30, 2012
Interest rate lock commitments (mortgage)	Gains on sale of loans	8,809
Forward commitments	Gains on sale of loans	(2,134		)