Exhibit 23.1

McGladrey & Pullen
Certified Public Accountants


Independent Auditor's Consent



We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statement on Form S-8 pertaining to the QCR Holdings,  Inc. 2004 Stock Incentive
Plan of our report  dated  January 23, 2004  relating to the  December  31, 2003
financial statements of QCR Holdings, Inc.



/s / McGladrey & Pullen, LLP
----------------------------


Davenport, Iowa
May 28, 2004




McGladrey & Pullen, LLP is a member firm of RSM International-
an affiliation of seperate and independent legal entities.