SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                        Date of Report: November 7, 2003
                        (Date of earliest event reported)


                               QCR Holdings, Inc.
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             (Exact name of Registrant as specified in its charter)


                                    Delaware
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                 (State or other jurisdiction of incorporation)


       0-22208                                            42-1397595
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(Commission File Number)                 (I.R.S. Employer Identification Number)


             3551 Seventh Street, Suite 204, Moline, Illinois 61265
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               (Address of principal executive offices) (Zip Code)


                                 (309) 736-3580
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              (Registrant's telephone number, including area code)


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Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

         (a)      Financial Statements of Business Acquired.

                  None.

         (b)      Pro Forma Financial Information.

                  None.

         (c)      Exhibits.

                  99.1   Shareholder letter dated November 2003.

Item 12.  Results of Operations and Financial Condition

On November 7, 2003, QCR Holdings,  Inc. issued a shareholder  letter discussing
the Company's  financial results for the third quarter ended September 30, 2003.
The letter is attached hereto as Exhibit 99.1.


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                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned here unto duly authorized.

                                                    QCR HOLDINGS, INC.

Dated:  November 7, 2003                            By:  /s/ Todd A Gipple
                                                         -----------------------
                                                         Todd A. Gipple
                                                         Chief Financial Officer


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