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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Financial Instruments

The following tables summarize the fair value of derivative financial instruments utilized by Horizon:

		Asset Derivatives December 31, 2016								Liability Derivatives December 31, 2016
Derivatives designated as hedging instruments (Unaudited)		Balance Sheet Location				Fair Value				Balance Sheet Location				Fair Value
Interest rate contracts			Loans			$	—				Other liabilities			$	6
Interest rate contracts			Other Assets				6				Other liabilities				3,132
Total derivatives designated as hedging instruments							6								3,138
Derivatives not designated as hedging instruments
Mortgage loan contracts			Other assets				602				Other liabilities				22
Total derivatives not designated as hedging instruments							602								22
Total derivatives						$	608							$	3,160
		Asset Derivatives December 31, 2015								Liability Derivatives December 31, 2015
Derivatives designated as hedging instruments (Unaudited)		Balance Sheet Location				Fair Value				Balance Sheet Location				Fair Value
Interest rate contracts			Loans			$	—				Other liabilities			$	1,782
Interest rate contracts			Other Assets				1,782				Other liabilities				3,141
Total derivatives designated as hedging instruments							1,782								4,923
Derivatives not designated as hedging instruments
Mortgage loan contracts			Other assets				642				Other liabilities				—
Total derivatives not designated as hedging instruments							642								—
Total derivatives						$	2,424							$	4,923

Effect of Derivative Instruments on Condensed Consolidated Statement of Income Derivative in Cash Flow Hedging Relationship

The effect of the derivative instruments on the consolidated statement of income for the 12-month periods ended is as follows:

		Amount of Loss Recognized in Other Comprehensive Income on Derivative (Effective Portion)
		Years Ended December 31
Derivative in cash flow hedging relationship		2016				2015				2014
Interest rate contracts		$	6			$	127			$	(332	)

Effect of Derivative Instruments on Consolidated Statement of Income Derivative in Fair Value Hedging Relationship

Derivative in fair value hedging relationship		Location of gain (loss) recognized on derivative		Amount of Gain (Loss) Recognized on Derivative
				Years Ended December 31
				2016				2015				2014
Interest rate contracts		Interest income - loans		$	(1,776	)		$	574			$	1,261
Interest rate contracts		Interest income - loans			1,776				(574	)			(1,261	)
Total				$	—			$	—			$	—
Derivative not designated as hedging relationship		Location of gain (loss) recognized on derivative		Amount of Gain (Loss) Recognized on Derivative Years Ended December 31
				2016				2015				2014
Mortgage contracts		Other income - gain on sale of loans		$	(62	)		$	195			$	256

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- References

No definition available.

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- Definition

Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

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- Definition

Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

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