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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Balance Sheet Category and Fair Values of Embedded Derivatives The table below identifies the balance sheet category and fair value of HTLF's derivative instrument designated as a cash flow hedge at December 31, 2022, in thousands:
Notional AmountFair Value Balance Sheet Category
December 31, 2022
Interest rate swap$500,000 $13 Other Assets
The table below identifies the notional amount, fair value and balance sheet category of the embedded derivatives at June 30, 2023, and December 31, 2022, in thousands:
Notional AmountFair ValueBalance Sheet Category
June 30, 2023
Embedded derivatives $5,843 $118 Other assets
December 31, 2022
Embedded derivatives $6,028 $135 Other assets

The table below identifies the gains and losses recognized on HTLF's embedded derivatives for the three- and six- months ended June 30, 2023, and June 30, 2022, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Gain (loss) recognized in other noninterest income on embedded derivatives$20 $100 $(17)$325 
Gains (Losses) on Derivative Instruments
The table below identifies the gains and losses recognized on HTLF's terminated derivative instruments designated as cash flow hedges for the three and six months ended June 30, 2023, and June 30, 2022, in thousands:
Recognized in OCIReclassified from AOCI into Income
Amount of Gain (Loss)CategoryAmount of Gain (Loss)
Three Months Ended June 30, 2023
Interest rate swap$— Interest income$63 
Six Months Ended June 30, 2023
Interest rate swap$1,952 Interest income$(701)
Three Months Ended June 30, 2022
Interest rate swap $— Interest income$— 
Six Months Ended June 30, 2022
Interest rate swap $— Interest income$— 
The table below identifies the gains and losses recognized on HTLF's fair value hedges and the income statement classification for the three- and six- months ended June 30, 2023, and June 30, 2022, in thousands. For the three- and six-months ended June 30, 2023, HTLF recorded $74,000 of interest income on taxable securities related to ineffectiveness.
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Gain recognized in interest income and fees on loans $13,604 $42 $13,589 $1,225 
Gain recognized in interest income on securities-taxable31,052 — 31,052 — 
Balance Sheet Category and Fair Values of Derivative Instruments
The table below identifies the fair value of the interest rate swaps designated as fair value hedges and the balance sheet category of the interest rate swaps as of June 30, 2023 and December 31, 2022, in thousands:
Fair ValueBalance Sheet Category
June 30, 2023
Interest rate swaps-loans receivable held to maturity$13,643 Other assets
Interest rate swaps-securities carried at fair value31,052 Other assets
December 31, 2022
Interest rate swaps-loans receivable held to maturity54 Other assets
The table below identifies the carrying amount of the hedged assets and cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets that are designated as a fair value hedge accounting relationship at June 30, 2023, and December 31, 2022, in thousands:
Location in the consolidated
balance sheet		Carrying Amount of
the Hedged Assets		Cumulative Amount of Fair Value
Hedging Adjustment Included in
Carrying Amount of Hedged Assets
June 30, 2023
Interest rate swapLoans receivable held to maturity$501,080 $(12,938)
Interest rate swapSecurities carried at fair value 826,545(29,584)
December 31, 2022
Interest rate swap Loans receivable held to maturity$1,185 $(54)
The table below identifies the balance sheet category and fair values of the derivative instruments designated as loan swaps at June 30, 2023, and December 31, 2022, in thousands:
Notional
Amount		Fair
Value 		Balance Sheet
Category		Weighted
Average
Receive Rate		Weighted
Average
Pay Rate
June 30, 2023
Customer interest rate swaps$1,325,478 $51,876 Other assets4.08 %7.16 %
Customer interest rate swaps1,325,478 (51,876)Other liabilities7.16 4.08 
December 31, 2022
Customer interest rate swaps$819,662 $46,091 Other assets4.23 %6.76 %
Customer interest rate swaps819,662 (46,091)Other liabilities6.76 4.23 
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 June 30, 2023, and December 31, 2022, in thousands:
 Balance Sheet CategoryNotional AmountFair Value
June 30, 2023
Interest rate lock commitments (mortgage)Other assets$12,329 $306 
Forward commitmentsOther assets18,500 43 
Forward commitmentsOther liabilities 1,500 (4)
Undesignated interest rate swapsOther liabilities5,843 (118)
December 31, 2022
Interest rate lock commitments (mortgage)Other assets$9,340 $174 
Forward commitmentsOther assets6,400 47 
Forward commitmentsOther liabilities5,750 (99)
Undesignated interest rate swapsOther liabilities6,028 (135)
HTLF recognizes gains and losses on other free standing derivatives in two separate income statement categories. Interest rate lock commitments and forward commitments are recognized in net gains on sale of loans held for sale and undesignated interest rate swaps are recognized in other noninterest income. The table below identifies the gains and losses recognized in income on HTLF's other free standing derivative instruments not designated as hedging instruments for the three- and six- months ended June 30, 2023, and June 30, 2022, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
 2023202220232022
Interest rate lock commitments (mortgage)$(128)$523 $282 $(672)
Forward commitments(181)(967)91 68 
Undesignated interest rate swaps20 (100)17 (325)