XML 92 R27.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Securities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract] |
Fair Value of Securities | The fair value of securities is as follows:
|  |  |  |  | Gross |  |  | Gross |  |  |  |
March 31, 2015 |  | Amortized Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and federal agencies |  | $ | 28,400 |  |  | $ | 69 |  |  | $ | (48 | ) |  | $ | 28,421 |
State and municipal |  |  | 50,036 |  |  |  | 1,577 |  |  |  | (37 | ) |  |  | 51,576 |
Federal agency collateralized mortgage obligations |  |  | 120,785 |  |  |  | 1,471 |  |  |  | (537 | ) |  |  | 121,719 |
Federal agency mortgage-backed pools |  |  | 125,923 |  |  |  | 3,590 |  |  |  | (246 | ) |  |  | 129,267 |
Corporate notes |  |  | 32 |  |  |  | 18 |  |  |  | — |  |  |  | 50 |
Total available for sale investment securities |  | $ | 325,176 |  |  | $ | 6,725 |  |  | $ | (868 | ) |  | $ | 331,033 |
Held to maturity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and federal agencies |  | $ | 9,824 |  |  | $ | 157 |  |  | $ | — |  |  | $ | 9,981 |
State and municipal |  |  | 128,558 |  |  |  | 6,179 |  |  |  | (143 | ) |  |  | 134,594 |
Federal agency collateralized mortgage obligations |  |  | 3,873 |  |  |  | 45 |  |  |  | — |  |  |  | 3,918 |
Federal agency mortgage-backed pools |  |  | 22,027 |  |  |  | 961 |  |  |  | (76 | ) |  |  | 22,912 |
Total held to maturity investment securities |  | $ | 164,282 |  |  | $ | 7,342 |  |  | $ | (219 | ) |  | $ | 171,405 |
December 31, 2014 |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and federal agencies |  | $ | 26,996 |  |  | $ | 56 |  |  | $ | (229 | ) |  | $ | 26,823 |
State and municipal |  |  | 46,535 |  |  |  | 1,462 |  |  |  | (45 | ) |  |  | 47,952 |
Federal agency collateralized mortgage obligations |  |  | 122,930 |  |  |  | 975 |  |  |  | (1,045 | ) |  |  | 122,860 |
Federal agency mortgage-backed pools |  |  | 122,583 |  |  |  | 3,172 |  |  |  | (360 | ) |  |  | 125,395 |
Private labeled mortgage-backed pools |  |  | 670 |  |  |  | 19 |  |  |  | — |  |  |  | 689 |
Corporate notes |  |  | 32 |  |  |  | 13 |  |  |  | — |  |  |  | 45 |
Total available for sale investment securities |  | $ | 319,746 |  |  | $ | 5,697 |  |  | $ | (1,679 | ) |  | $ | 323,764 |
Held to maturity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and federal agencies |  | $ | 9,804 |  |  | $ | 82 |  |  | $ | — |  |  | $ | 9,886 |
State and municipal |  |  | 129,595 |  |  |  | 3,398 |  |  |  | (106 | ) |  |  | 132,887 |
Federal agency collateralized mortgage obligations |  |  | 4,039 |  |  |  | 35 |  |  |  | (1 | ) |  |  | 4,073 |
Federal agency mortgage-backed pools |  |  | 22,329 |  |  |  | 729 |  |  |  | — |  |  |  | 23,058 |
Total held to maturity investment securities |  | $ | 165,767 |  |  | $ | 4,244 |  |  | $ | (107 | ) |  | $ | 169,904 |
Amortized Cost and Fair Value of Securities Available for Sale and Held to Maturity | The amortized cost and fair value of securities available for sale and held to maturity at March 31, 2015 and December 31, 2014, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
|  | March 31, 2015 |  |  | December 31, 2014 |
|  | Amortized |  |  | Fair |  |  | Amortized |  |  | Fair |
|  | Cost |  |  | Value |  |  | Cost |  |  | Value |
Available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Within one year |  | $ | 6,170 |  |  | $ | 6,220 |  |  | $ | 6,098 |  |  | $ | 6,169 |
One to five years |  |  | 49,096 |  |  |  | 49,902 |  |  |  | 44,720 |  |  |  | 45,093 |
Five to ten years |  |  | 16,830 |  |  |  | 17,373 |  |  |  | 16,147 |  |  |  | 16,768 |
After ten years |  |  | 6,372 |  |  |  | 6,552 |  |  |  | 6,598 |  |  |  | 6,790 |
|  |  | 78,468 |  |  |  | 80,047 |  |  |  | 73,563 |  |  |  | 74,820 |
Federal agency collateralized mortgage obligations |  |  | 120,785 |  |  |  | 121,719 |  |  |  | 122,930 |  |  |  | 122,860 |
Federal agency mortgage-backed pools |  |  | 125,923 |  |  |  | 129,267 |  |  |  | 122,583 |  |  |  | 125,395 |
Private labeled mortgage-backed pools |  |  | — |  |  |  | — |  |  |  | 670 |  |  |  | 689 |
Total available for sale investment securities |  | $ | 325,176 |  |  | $ | 331,033 |  |  | $ | 319,746 |  |  | $ | 323,764 |
Held to maturity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Within one year |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
One to five years |  |  | 1,223 |  |  |  | 1,243 |  |  |  | 592 |  |  |  | 593 |
Five to ten years |  |  | 104,305 |  |  |  | 109,391 |  |  |  | 99,225 |  |  |  | 101,323 |
After ten years |  |  | 32,854 |  |  |  | 33,941 |  |  |  | 39,582 |  |  |  | 40,857 |
|  |  | 138,382 |  |  |  | 144,575 |  |  |  | 139,399 |  |  |  | 142,773 |
Federal agency collateralized mortgage obligations |  |  | 3,873 |  |  |  | 3,918 |  |  |  | 4,039 |  |  |  | 4,073 |
Federal agency mortgage-backed pools |  |  | 22,027 |  |  |  | 22,912 |  |  |  | 22,329 |  |  |  | 23,058 |
Total held to maturity investment securities |  | $ | 164,282 |  |  | $ | 171,405 |  |  | $ | 165,767 |  |  | $ | 169,904 |
Gross Unrealized Losses and Fair Value of Company's Investments | The following table shows the gross unrealized losses and the fair value of the Company’s investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position.
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
March 31, 2015 |  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |
U.S. Treasury and federal agencies |  | $ | — |  |  | $ | — |  |  | $ | 16,937 |  |  | $ | (48 | ) |  | $ | 16,937 |  |  | $ | (48 | )
State and municipal |  |  | 15,766 |  |  |  | (173 | ) |  |  | 1,259 |  |  |  | (7 | ) |  |  | 17,025 |  |  |  | (180 | )
Federal agency collateralized mortgage obligations |  |  | 9,233 |  |  |  | (21 | ) |  |  | 29,821 |  |  |  | (516 | ) |  |  | 39,054 |  |  |  | (537 | )
Federal agency mortgage-backed pools |  |  | 6,847 |  |  |  | (84 | ) |  |  | 27,253 |  |  |  | (238 | ) |  |  | 34,100 |  |  |  | (322 | )
Total temporarily impaired securities |  | $ | 31,846 |  |  | $ | (278 | ) |  | $ | 75,270 |  |  | $ | (809 | ) |  | $ | 107,116 |  |  | $ | (1,087 | )
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
December 31, 2014 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
U.S. Treasury and federal agencies |  | $ | 2,993 |  |  | $ | (7 | ) |  | $ | 20,762 |  |  | $ | (222 | ) |  | $ | 23,755 |  |  | $ | (229 | )
State and municipal |  |  | 10,287 |  |  |  | (121 | ) |  |  | 2,050 |  |  |  | (30 | ) |  |  | 12,337 |  |  |  | (151 | )
Federal agency collateralized mortgage obligations |  |  | 15,013 |  |  |  | (88 | ) |  |  | 39,801 |  |  |  | (957 | ) |  |  | 54,814 |  |  |  | (1,045 | )
Federal agency mortgage-backed pools |  |  | 5,993 |  |  |  | (9 | ) |  |  | 28,044 |  |  |  | (351 | ) |  |  | 34,037 |  |  |  | (360 | )
Total temporarily impaired securities |  | $ | 34,286 |  |  | $ | (225 | ) |  | $ | 90,657 |  |  | $ | (1,560 | ) |  | $ | 124,943 |  |  | $ | (1,785 | )
Sales of Securities Available for Sale |
|  | Three Months Ended March 31 |
|  | 2015 |  |  | 2014 |
Sales of securities available for sale (Unaudited) |  |  |  |  |  |  |  |
Proceeds |  | $ | 13,332 |  |  | $ | — |
Gross gains |  |  | 147 |  |  |  | — |
Gross losses |  |  | (23 | ) |  |  | — |

X
- Definition Sales of securities available for sale. + References No definition available. + Details
Name: | hbnc_SalesOfSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | hbnc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
Name: | us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial instruments held by a broker-dealer for its own account (proprietary securities) for trading or investment purposes that are carried at fair value including securities sold, not yet purchased. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35711157&loc=d3e42546-110969 + Details
Name: | us-gaap_ScheduleOfSecuritiesOwnedAndSoldNotYetPurchasedAtFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration