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{{Short description|American banking company}}
{{Infobox company| {{Infobox company
company_name = QCR Holdings|
company_logo = ] | | name = QCR Holdings, Inc.
| logo = ]
company_type = ] ({{nasdaq|qcrh}})| | type = ]
location = ], ] |
| traded_as = {{NASDAQ|QCRH}}<br />]
key_people = James J. Brownson, Chairman<br />Douglas M. Hultquist, CEO |
| location = ], U.S.
num_employees = 343|
| key_people = Patrick S. Baird (])<br />Larry J. Helling (])
industry = ]|
| num_employees = 343
products = ]s|
| industry = ]
revenue = ]99.08 million (2008)<ref name = 08IncomeStatement></ref> |
| products = ]s
operating_income = ]23.63 million (2008)<ref name = 08IncomeStatement/>|
| revenue = US$312 million (2020)<ref name="20 10-K">{{cite web|url=https://www.sec.gov/Archives/edgar/data/906465/000155837021002889/qcrh-20201231x10k.htm |title=Form 10-K|website=sec.gov|access-date=24 August 2023}}</ref>
net_income = ]6.71 million (2008)<ref name = 08IncomeStatement/>|
| operating_income = US$23.63 million (2008)<ref name = 08IncomeStatement>{{Cite web|url=https://finance.yahoo.com/quote/QCRH/financials/|title=QCR Holdings, Inc. (QCRH) Income Statement - Yahoo Finance|website=finance.yahoo.com|accessdate=24 August 2023}}</ref>
| net_income = US$6.71 million (2008)<ref name = 08IncomeStatement/>|
}} }}


'''QCR Holdings, Inc.''', through its subsidiaries, provides ] and consumer ]ing, and ] and ] services for the ], ], and ] communities. QCR Holdings, Inc. was founded in 1993 and is headquartered in ].<ref name="finance.yahoo.com">http://finance.yahoo.com/q/pr?s=QCRH Yahoo Finance Company Profile, Accessed January 26, 2010</ref> '''QCR Holdings, Inc.''', through its subsidiaries, provides ] and consumer ]ing, and ] and ] services for the ] and ] communities. QCR Holdings, Inc. was founded in 1993 and is headquartered in ].<ref name="finance.yahoo.com">, Accessed January 26, 2010</ref>


==About== ==About==
QCR Holdings, Inc. is a multi-bank ] headquartered in ] that serves the Quad Cities, Cedar Rapids and Rockford communities through its wholly owned ] ]s. Each bank provides full-service commercial and consumer banking, trust, and asset management services. The company also engages in commercial leasing through its 80% owned subsidiary, M2 Lease Funds, LLC, based in ].<ref name="snl.com">http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=1024092 SNL Financial Corporate Profile, Accessed January 26, 2010</ref>: QCR Holdings, Inc. is a multi-bank ] headquartered in ] that serves the Quad Cities and Cedar Rapids communities through its wholly owned ] ]s. The company also engages in commercial leasing through a subsidiary company in ].:<ref name="snl.com">, Accessed January 26, 2010</ref>

QCR Holdings' deposit products include non-interest and ]-bearing ]s, ]s, ]s, regular ], ], and brokered ]. The company offers ] and retail ] and ] services to ]s, ]s, individuals, and government agencies. Its loan portfolio comprises commercial ]s, including loans to ]rs, ]s, ]s, business services companies, other banks, and ]s; commercial loans, including commercial ] loans; and business loans, such as lines of credit for ] and operational purposes. The company’s loan portfolio also includes term loans for the acquisition of facilities, equipment, and other purposes; and consumer loans, including ], ], ], ]s, and small personal credit lines. In addition, it offers direct financing lease contracts services.<ref name="finance.yahoo.com"/>


==Subsidiary Banks== ==Subsidiary Banks==
The subsidiary banks of QCR Holdings include<ref name="snl.com"/>: The subsidiary banks of QCR Holdings include:<ref name="snl.com"/>
* - Based in ] - Commenced operations in 1994 * Quad City Bank and Trust - Based in ] - Commenced operations in 1994
* - Based in ] - Commenced operations in 2001 * Cedar Rapids Bank and Trust - Based in ] - Commenced operations in 2001
* - Based in ] - Commenced operations in 2005


QCR Holdings signed an agreement to sell its Milwaukee subsidiary, First Wisconsin Bank & Trust, to National Bancshares, Inc. near the end of 2008. First Wisconsin commenced operations in 2006.<ref>http://community.investopedia.com/news/GlobeNewswire/935373152063.aspx QCR Holdings, Inc. Announces Sale of First Wisconsin Bank & Trust, GlobeNewswire, October 13, 2008</ref> QCR Holdings signed an agreement to sell its Milwaukee subsidiary, First Wisconsin Bank & Trust, to National Bancshares, Inc. near the end of 2008. First Wisconsin commenced operations in 2006.<ref>, GlobeNewswire, October 13, 2008</ref>

QCR Holdings announced an agreement to sell its Rockford subsidiary, Rockford Bank and Trust, to Heartland Financial USA, Inc. subsidiary Illinois Bank & Trust on August 13, 2019.<ref>{{Cite web|url=http://www.snl.com/IRW/file/1024092/Index?KeyFile=399170784|title=Press Release - QCR Holdings, Inc.|website=www.snl.com|access-date=2020-02-13}}</ref> The sale closed on November 30, 2019<ref>{{Cite web|url=http://www.snl.com/IRW/file/1024092/Index?KeyFile=401321938|title=Press Release - QCR Holdings, Inc.|website=www.snl.com|access-date=2020-02-13}}</ref> and the bank's systems conversion occurred on February 7, 2020.<ref>{{Cite web|url=https://www.illinoisbank.com/merger|title=Merger {{!}} Illinois Bank & Trust|website=www.illinoisbank.com|access-date=2020-02-13}}</ref>

In 2022, QCR Holdings acquired ].<ref>{{cite press release |url=https://qcrh.q4ir.com/news/news-details/2022/QCR-Holdings-Inc.-Announces-Completion-of-Acquisition-of-Guaranty-Federal-Bancshares-Inc/default.aspx |title=QCR Holdings, Inc. Announces Completion of Acquisition of Guaranty Federal Bancshares, Inc. |date=April 1, 2022 |agency=]}}</ref>


==References== ==References==
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Latest revision as of 01:33, 20 June 2024

American banking company
QCR Holdings, Inc.
QCR Holdings logo
Company typePublic
Traded asNasdaqQCRH
Russell 2000 Component
IndustryFinance
HeadquartersMoline, Illinois, U.S.
Key peoplePatrick S. Baird (chairman)
Larry J. Helling (CEO)
ProductsBanks
RevenueUS$312 million (2020)
Operating incomeUS$23.63 million (2008)
Net incomeUS$6.71 million (2008)
Number of employees343

QCR Holdings, Inc., through its subsidiaries, provides commercial and consumer banking, and trust and asset management services for the Quad City and Cedar Rapids communities. QCR Holdings, Inc. was founded in 1993 and is headquartered in Moline, Illinois.

About

QCR Holdings, Inc. is a multi-bank holding company headquartered in Moline, Illinois that serves the Quad Cities and Cedar Rapids communities through its wholly owned subsidiary banks. The company also engages in commercial leasing through a subsidiary company in Milwaukee, Wisconsin.:

Subsidiary Banks

The subsidiary banks of QCR Holdings include:

  • Quad City Bank and Trust - Based in Bettendorf, Iowa - Commenced operations in 1994
  • Cedar Rapids Bank and Trust - Based in Cedar Rapids, Iowa - Commenced operations in 2001

QCR Holdings signed an agreement to sell its Milwaukee subsidiary, First Wisconsin Bank & Trust, to National Bancshares, Inc. near the end of 2008. First Wisconsin commenced operations in 2006.

QCR Holdings announced an agreement to sell its Rockford subsidiary, Rockford Bank and Trust, to Heartland Financial USA, Inc. subsidiary Illinois Bank & Trust on August 13, 2019. The sale closed on November 30, 2019 and the bank's systems conversion occurred on February 7, 2020.

In 2022, QCR Holdings acquired Guaranty Federal Bancshares.

References

  1. "Form 10-K". sec.gov. Retrieved 24 August 2023.
  2. ^ "QCR Holdings, Inc. (QCRH) Income Statement - Yahoo Finance". finance.yahoo.com. Retrieved 24 August 2023.
  3. Yahoo Finance Company Profile, Accessed January 26, 2010
  4. ^ SNL Financial Corporate Profile, Accessed January 26, 2010
  5. QCR Holdings, Inc. Announces Sale of First Wisconsin Bank & Trust, GlobeNewswire, October 13, 2008
  6. "Press Release - QCR Holdings, Inc". www.snl.com. Retrieved 2020-02-13.
  7. "Press Release - QCR Holdings, Inc". www.snl.com. Retrieved 2020-02-13.
  8. "Merger | Illinois Bank & Trust". www.illinoisbank.com. Retrieved 2020-02-13.
  9. "QCR Holdings, Inc. Announces Completion of Acquisition of Guaranty Federal Bancshares, Inc" (Press release). GlobeNewswire. April 1, 2022.

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