FIRST AMENDMENT OF LEASE

This  First  Amendment  of  Lease,  dated  as of  October  _____,  2001  ("First
Amendment"), between 3001 L.L.C., an Iowa limited liability company ("Landlord")
and Cedar  Rapids Bank & Trust  Company  f.k.a.  Quad City Bank & Trust  Company
("Tenant").

WITNESSETH, that:

         WHEREAS,  Landlord  and Tenant have  entered into a Lease dated May 11,
2001, (Lease), whereby Landlord has leased to Tenant certain Premises located in
the  Building  addressed  as 625 First  Street SE, in the City of Cedar  Rapids,
Iowa, consisting of the Premises, as such Premises are defined in the Lease; and

         WHEREAS,  Landlord  and Tenant  desire  and intend  hereby to amend the
Lease as specifically hereinafter set forth and provided;

         NOW,  THEREFORE,   in  consideration  of  the  Premises  and  covenants
contained herein, Landlord and Tenant hereby agree that

1.   The  Commencement  Date is  September  28,  2001.  The  Term  shall  expire
     September 30, 2006,  unless earlier  terminated or extended pursuant to the
     Terms of the Lease.  Certificate of Substantial  Completion attached hereto
     as Exhibit A.

2.   The Tenant is officially  recognized as a state chartered bank as stated on
     letter dated September 21, 2001 attached hereto as Exhibit B.

3.   Landlord and Tenant  hereby agree that the Premises  contains  8,203 square
     feet of Rentable Area as shown on  crosshatched on the floor plans attached
     hereto as Exhibit C. Tenant's  Proportionate Share of Operating Costs shall
     be 5.83%.

4.   Operating Costs to commence September 28, 2001.

5.   Tenant agrees to pay to Landlord for the partial  month from  September 28,
     2001,  through  September 30, 2001, a Base Rent of EIGHT HUNDRED FIFTY FIVE
     AND NO/100 Dollars ($855.00);

     for the period from October 1, 2001,  through September 30, 2006, a Monthly
     Base Rent of EIGHT  THOUSAND  FIVE  HUNDRED  FORTY FIVE AND NO/100  Dollars
     ($8,545.00).

6.   Pursuant to the Terms of Section 35 of the Lease,  Tenant's employees shall
     pay  individually  directly to Operator  rent for Spaces in lot adjacent to
     Building.

7.   Landlord shall pay $205,075.00 towards Leashold Improvements as outlined in
     Section 7, Item H.

8.   Broker  Commission  per  Section  26 is  $24,609.00,  with  Skogman  Realty
     receiving $18,456.75 and Ruhl Realtors receiving $6,152.25.

         EXCEPT as expressly  amended or  supplemented  herein,  the Lease shall
remain and continue in full force and effect in all respects.

         IN WITNESS WHEREOF, this First Lease Amendment is hereby executed as of
the date first above written.

LANDLORD:                                   TENANT:

3001 L.L.C.                                 CEDAR RAPIDS BANK & TRUST
By:  Ryan Properties, Inc.                  COMPANY f.k.a. QUAD CITY
Its:  Manager                               BANK & TRUST COMPANY

By: /s/ Marc Gullickson                     By:  /s/ John A. Rodriguez
    --------------------------------             -------------------------------
    Marc Gullickson                              John A. Rodriguez

Its:   Vice President                       Its:   Senior Vice President

Date:                                       Date:

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