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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2014, and December 31, 2013, in thousands:
 
Notional
Amount
 
Fair
Value
 
Balance
Sheet
Category
 
Receive
Rate
 
Weighted
Average
Pay Rate
 
Maturity
September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap
$
10,713

 
$
(295
)
 
Other Liabilities
 
2.904
%
 
5.140
%
 
04/20/2016
Interest rate swap
25,000

 
(117
)
 
Other Liabilities
 
0.235
%
 
2.255
%
 
03/17/2021
Interest rate swap
20,000

 
(1,120
)
 
Other Liabilities
 
0.234
%
 
3.220
%
 
03/01/2017
Interest rate swap
20,000

 
(1,579
)
 
Other Liabilities
 
0.232
%
 
3.355
%
 
01/07/2020
Interest rate swap
10,000

 
48

 
Other Assets
 
0.235
%
 
1.674
%
 
03/26/2019
Interest rate swap
10,000

 
48

 
Other Assets
 
0.235
%
 
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 and nine months ended September 30, 2014, and September 30, 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)
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Interest rate swap
$
68

 
Interest Expense
 
$
(63
)
 
Other Income
 
$
—

Interest rate swap
193

 
Interest Expense
 
(129
)
 
Other Income
 
—

Interest rate swap
208

 
Interest Expense
 
(153
)
 
Other Income
 
—

Interest rate swap
248

 
Interest Expense
 
(158
)
 
Other Income
 
—

Interest rate swap
89

 
Interest Expense
 
(37
)
 
Other Income
 
—

Interest rate swap
88

 
Interest Expense
 
(37
)
 
Other Income
 
—

Interest rate swap
—

 
Interest Expense
 
—

 
Other Income
 
—

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Interest rate swap
$
162

 
Interest Expense
 
$
(192
)
 
Other Income
 
$
—

Interest rate swap
(117
)
 
Interest Expense
 
(258
)
 
Other Income
 
—

Interest rate swap
387

 
Interest Expense
 
(455
)
 
Other Income
 
—

Interest rate swap
8

 
Interest Expense
 
(473
)
 
Other Income
 
—

Interest rate swap
48

 
Interest Expense
 
(74
)
 
Other Income
 
—

Interest rate swap
48

 
Interest Expense
 
(73
)
 
Other Income
 
—

Interest rate swap
146

 
Interest Expense
 
(146
)
 
Other Income
 
—

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
Interest rate swap
$
27

 
Interest Expense
 
$
(69
)
 
Other Income
 
$
—

Interest rate swap
138

 
Interest Expense
 
(147
)
 
Other Income
 
—

Interest rate swap
7

 
Interest Expense
 
(151
)
 
Other Income
 
—

Interest rate swap
(15
)
 
Interest Expense
 
(156
)
 
Other Income
 
—

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
Interest rate swap
$
203

 
Interest Expense
 
$
(210
)
 
Other Income
 
$
—

Interest rate swap
419

 
Interest Expense
 
(436
)
 
Other Income
 
—

Interest rate swap
548

 
Interest Expense
 
(446
)
 
Other Income
 
—

Interest rate swap
1,115

 
Interest Expense
 
(460
)
 
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 September 30, 2014, and December 31, 2013, in thousands:
 
Balance Sheet
Category
 
Notional
Amount
 
Fair
Value
September 30, 2014
 
 
 
 
 
Interest rate lock commitments (mortgage)
Other Assets
 
$
103,933

 
$
3,291

Forward commitments
Other Assets
 
114,988

 
222

Forward commitments
Other Liabilities
 
179,044

 
(623
)
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 and nine months ended September 30, 2014, and September 30, 2013, in thousands:
 
Income Statement
Category
 
Year-to-Date
Gain (Loss) Recognized
Three Months Ended September 30, 2014
 
 
 
Interest rate lock commitments (mortgage)
Gains on sale of loans held for sale
 
$
(1,924
)
Forward commitments
Gains on sale of loans held for sale
 
1,505

 
 
 
 
Nine Months Ended September 30, 2014
 
 
 
Interest rate lock commitments (mortgage)
Gains on sale of loans held for sale
 
$
3,393

Forward commitments
Gains on sale of loans held for sale
 
(1,474
)
 
 
 
 
Three Months Ended September 30, 2013
 
 
 
Interest rate lock commitments (mortgage)
Gains on sale of loans held for sale
 
$
5,219

Forward commitments
Gains on sale of loans held for sale
 
(11,430
)
 
 
 
 
Nine Months Ended September 30, 2013
 
 
 
Interest rate lock commitments (mortgage)
Gains on sale of loans held for sale
 
$
(6,047
)
Forward commitments
Gains on sale of loans held for sale
 
(1,289
)