XML 52 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6

Acquisition (Tables)

3 Months Ended

Mar. 31, 2013

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of preliminary purchase price of assets acquired and liabilities assumed

ASSETS
Cash and due from banks		$	33,531
Investment securities, available for sale			63,707
Commercial			70,343
Residential mortgage			20,838
Consumer			23,423
Total loans			114,604
Premises and equipment			2,647
FRB and FHLB stock			943
Goodwill			13,838
Core deposit intangible			2,332
Interest receivable			820
Cash value life insurance			4,012
Other assets			9,210
Total assets purchased		$	245,644
Common shares issued		$	19,668
Retirement of TARP preferred shares			7,248
Total estimated purchase price		$	26,916

LIABILITIES
Deposits
Non-interest bearing		$	59,350
NOW accounts			42,681
Savings and money market			61,465
Certificates of deposits			47,749
Total deposits			211,245
Borrowings			1,186
Subordinated debentures			1,537
Interest payable			90
Other liabilities			4,670
Total liabilities assumed		$	218,728

Schedule of acquired loans accounted for in accordance with ASC 310-30

Contractually required principal and interest at acquisition		$	35,574
Contractual cash flows not expected to be collected (nonaccretable differences)			5,264
Expected cash flows at acquisition			30,310
Interest component of expected cash flows (accretable discount)			7,494
Fair value of acquired loans accounted for under ASC 310-30		$	22,816

Amounts of loans

Commercial		$	55,081
Real estate			16,011
Consumer			15,504
Outstanding balance		$	86,596
Carrying amount, net of allowance of $1,418		$	85,178

		March 31				December 31
		2013				2012
Commercial
Working capital and equipment		$	207,901			$	198,805
Real estate, including agriculture			251,470				247,108
Tax exempt			4,467				4,579
Other			9,264				9,979
Total			473,102				460,471
Real estate
1–4 family			187,692				185,940
Other			3,655				3,774
Total			191,347				189,714
Consumer
Auto			139,785				142,149
Recreation			4,908				5,163
Real estate/home improvement			29,599				29,989
Home equity			101,261				104,974
Unsecured			3,759				4,194
Other			2,398				2,615
Total			281,710				289,084
Mortgage warehouse			143,609				251,448
Total loans			1,089,768				1,190,717
Allowance for loan losses			(19,565	)			(18,270	)
Loans, net		$	1,070,203			$	1,172,447

Accretable yield or income expected to be collected

Balance at December 31, 2012		$	6,111
Additions			—
Accretion			(451	)
Reclassification from nonaccreatable difference			—
Disposals			(696	)
Balance at March 31, 2013		$	4,964

X

- Definition

Certain loans acquired in transfer not accounted for as debt securities accretable yield movement.

+ References

No definition available.

+ Details

Name:	hbnc_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementTableTextBlock
Namespace Prefix:	hbnc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer.

+ References

No definition available.

+ Details

Name:	us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3,4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

+ Details

Name:	us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration