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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Balance Sheet Category and Fair Values of Embedded Derivatives
The table below identifies the effect of fair value hedge accounting on the consolidated statements of income, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Hedged item (loans receivable held to maturity)$(4,870)$(12,897)$(35,399)$(12,882)
Hedged item (securities carried at fair value)(8,398)(29,510)(28,549)(29,510)
Derivatives designated as hedging instruments on loans receivable held to maturity4,877 12,900 35,414 12,885 
Derivatives designated as hedging instruments on securities carried at fair value8,313 29,584 28,161 29,584 
The table below identifies the notional amount, fair value and balance sheet category of the embedded derivatives at June 30, 2024, and December 31, 2023, in thousands:
Notional AmountFair ValueBalance Sheet Category
June 30, 2024
Embedded derivatives $2,296 $62 Other assets
December 31, 2023
Embedded derivatives $2,391 $61 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, 2024, and June 30, 2023, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Gain (loss) recognized in other noninterest income on embedded derivatives$(8)$20 $1 $(17)
Gains (Losses) on Derivative Instruments The table below identifies the gains and losses recognized on HTLF's terminated derivative instruments designated as cash flow hedges for the three and six months ended June 30, 2024, and June 30, 2023, in thousands:
Effective Portion
Recognized in OCIReclassified from AOCI into Income
Amount of Gain (Loss)CategoryAmount of Gain (Loss)
Three Months Ended June 30, 2024
Interest rate swap$— Interest income$245 
Six Months Ended June 30, 2024
Interest rate swap$— Interest income$210 
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)
The table below identifies the net impact to interest income recognized on HTLF's fair value hedges specific to the fair value remeasurements and the income statement classification where it is recorded in comparison to the total amount of interest income presented on the consolidated statements of income for the three- and six- months ended June 30, 2024, and June 30, 2023, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Gain (loss) recognized in interest income and fees on loans $7 $3 $15 $3 
Total amount of interest and fees on loans199,161 168,899 394,822 322,742 
Gain (loss) recognized in interest income on securities-taxable(85)74 (388)74 
Total amount of interest on securities-taxable47,381 58,172 94,395 114,148 
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, 2024 and December 31, 2023, in thousands:
Fair ValueBalance Sheet Category
June 30, 2024
Interest rate swaps-loans receivable held to maturity$14,914 Other assets
Interest rate swaps-securities carried at fair value51,297 Other assets
Interest rate swaps-loans receivable held to maturity2,267 Other liabilities
December 31, 2023
Interest rate swaps-loans receivable held to maturity$5,027 Other assets
Interest rate swaps-securities carried at fair value23,182 Other assets
Interest rate swaps-loans receivable held to maturity27,554 Other liabilities

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 fair value hedge accounting relationships at June 30, 2024, and December 31, 2023, 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, 2024
Interest rate swapLoans receivable held to maturity$2,489,744 $(10,762)
Interest rate swapSecurities carried at fair value 734,510(49,140)
December 31, 2023
Interest rate swapLoans receivable held to maturity$2,525,261 $24,652 
Interest rate swapSecurities carried at fair value786,716(20,979)
The table below identifies the balance sheet category and fair values of the derivative instruments designated as loan swaps at June 30, 2024, and December 31, 2023, in thousands:
Notional
Amount		Fair
Value 		Balance Sheet
Category
June 30, 2024
Customer interest rate swaps$1,844,969 $62,576 Other assets
Customer interest rate swaps1,844,969 (62,576)Other liabilities
December 31, 2023
Customer interest rate swaps$1,672,729 $56,634 Other assets
Customer interest rate swaps1,672,729 (56,634)Other liabilities
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, 2024, and December 31, 2023, in thousands:
 Notional AmountFair ValueBalance Sheet Category
June 30, 2024
Undesignated interest rate swaps$2,296 $(62)Other liabilities
December 31, 2023
Undesignated interest rate swaps$2,391 $(61)Other liabilities

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. As of the balance sheet dates presented above there were no interest rate lock commitments or forward commitments. 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, 2024, and June 30, 2023, in thousands:
Three Months Ended
June 30,		Six Months Ended
June 30,
 2024202320242023
Interest rate lock commitments (mortgage)$— $(128)$— $282 
Forward commitments— (181)— 91 
Undesignated interest rate swaps8 (20)(1)17