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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

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						Liability Derivatives
		December 31, 2017						December 31, 2017
Derivatives designated as hedging instruments		Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
Interest rate contracts		Loans		$	—			Other liabilities		$	811
Interest rate contracts		Other Assets			811			Other liabilities			1,728
Total derivatives designated as hedging instruments					811						2,539
Derivatives not designated as hedging instruments
Mortgage loan contracts		Other assets			143			Other liabilities			3
Total derivatives not designated as hedging instruments					143						3
Total derivatives				$	954					$	2,542
		Asset Derivatives						Liability Derivatives
		December 31, 2016						December 31, 2016
Derivatives designated as hedging instruments		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

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)
Derivative in cash flow		Years Ended December 31
hedging relationship		2017				2016				2015
Interest rate contracts		$	913			$	6			$	127

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

				Amount of Gain (Loss) Recognized on Derivative
Derivative in fair value		Location of gain (loss)		Years Ended December 31
hedging relationship		recognized on derivative		2017				2016				2015
Interest rate contracts		Interest income - loans		$	(817	)		$	(1,776	)		$	574
Interest rate contracts		Interest income - loans			817				1,776				(574	)
Total				$	—			$	—			$	—
				Amount of Gain (Loss) Recognized on Derivative
Derivative not designated		Location of gain (loss)		Years Ended December 31
as hedging relationship		recognized on derivative		2017				2016				2015
Mortgage contracts		Other income - gain on sale of loans		$	(439	)		$	(62	)		$	195

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- References

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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=84234895&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=84234895&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=84234895&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=84234895&loc=SL5618551-113959

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