INDEPENDENT AUDITOR'S CONSENT




We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statements on Form S-8 pertaining to the Quad City Holdings,  Inc. 401(k)/Profit
Sharing Plan (File No.  33-77420)  and Stock Option Plan (File No.  33-78024) of
our  report  dated  July  25,  2001  relating  to the June  30,  2001  financial
statements  of Quad City  Holdings,  Inc. and to the reference to our Firm under
the caption "Experts" contained therein.


/s/ McGladrey & Pullen, LLP



Davenport, Iowa
August 29, 2001