0001171843-18-007991.txt : 20181115 0001171843-18-007991.hdr.sgml : 20181115 20181115161517 ACCESSION NUMBER: 0001171843-18-007991 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20181114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20181115 DATE AS OF CHANGE: 20181115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QCR HOLDINGS INC CENTRAL INDEX KEY: 0000906465 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 421397595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22208 FILM NUMBER: 181187406 BUSINESS ADDRESS: STREET 1: 3551 7TH STREET CITY: MOLINE STATE: IL ZIP: 61265 BUSINESS PHONE: 3097363580 MAIL ADDRESS: STREET 1: 3551 7TH STREET CITY: MOLINE STATE: IL ZIP: 61265 FORMER COMPANY: FORMER CONFORMED NAME: QUAD CITY HOLDINGS INC DATE OF NAME CHANGE: 19930805 8-K 1 f8k_111518.htm FORM 8-K
 

UNITED STATES
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 (Date of earliest event Reported): November 14, 2018  

QCR Holdings, Inc.
(Exact Name of Registrant as Specified in Charter)

Delaware000-2220842-1397595
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)

 

3551 Seventh Street, Moline, Illinois 61265
(Address of Principal Executive Offices) (Zip Code)

(309) 736-3584
(Registrant's telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 [ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [   ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [   ]

 
 

Item 8.01. Other Events.

On November 14, 2018, QCR Holdings, Inc. declared a cash dividend of $0.06 per share of its common stock.  The dividend is payable on January 2, 2019 to stockholders of record on December 21, 2018.  A copy of the press release issued on November 15, 2018 announcing the dividend is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)        Exhibits.

99.1Press Release, dated November 15, 2018.


SIGNATURE

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 hereunto duly authorized.

 QCR Holdings, Inc.
   
  
Date: November 15, 2018By: /s/ Todd A. Gipple        
  Todd A. Gipple
  Executive Vice President, Chief Operating Officer and Chief Financial Officer
  

EX-99.1 2 exh_991.htm PRESS RELEASE

EXHIBIT 99.1

QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share

MOLINE, Ill., Nov. 15, 2018 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that on November 14, 2018 the Company’s board of directors declared a cash dividend of $0.06 per share payable on January 2, 2019, to holders of common stock of the Company of record on December 21, 2018.

About Us

QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, Springfield and Rockford communities through its wholly owned subsidiary banks which provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Rockford Bank & Trust Company, based in Rockford, Illinois, commenced operations in 2005. In 2018, the Company acquired the Bates Companies, a wealth management firm, which was merged into Rockford Bank & Trust Company. Quad City Bank & Trust Company also provides correspondent banking services. In addition, Quad City Bank & Trust Company engages in commercial leasing through its wholly owned subsidiary, m2 Lease Funds, LLC, based in Milwaukee, Wisconsin. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. The Company enhanced its presence in Cedar Rapids, Iowa with the acquisition of Guaranty Bank & Trust Company in October 2017, which merged with Cedar Rapids Bank & Trust in December 2017. In July 2018, QCR Holdings completed a merger with Springfield Bancshares, Inc., the holding company of SFC Bank of Springfield, Missouri. With the addition of SFC Bank, QCR Holdings has 27 locations in Illinois, Iowa, Wisconsin and Missouri. As of September 30, 2018, QCR Holdings had approximately $4.8 billion in assets, $3.7 billion in loans and $3.8 billion in deposits. For additional information, please visit our website at www.qcrh.com.

Special Note Concerning Forward-Looking Statements. This document contains, and future oral and written statements of the Company and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the Company’s management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “predict,” “suggest,” “appear,” “plan,” “intend,” “estimate,” ”annualize,” “may,” “will,” “would,” “could,” “should” or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.
               
A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, among others, the following: (i) the strength of the local, state, national and international economies; (ii) the economic impact of any future terrorist threats and attacks, and the response of the United States to any such threats and attacks; (iii) changes in state and federal laws, regulations and governmental policies concerning the Company’s general business; (iv) changes in interest rates and prepayment rates of the Company’s assets; (v) increased competition in the financial services sector and the inability to attract new customers; (vi) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (vii) unexpected results of acquisitions, which may include failure to realize the anticipated benefits of the acquisition and the possibility that the transaction costs may be greater than anticipated; (viii) the loss of key executives or employees; (ix) changes in consumer spending; (x)  unexpected outcomes of existing or new litigation involving the Company; and (xi) changes in accounting policies and practices. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s filings with the Securities and Exchange Commission.

Contacts:

Todd A. Gipple
Executive Vice President
Chief Operating Officer
Chief Financial Officer
(309) 743-7745
tgipple@qcrh.com 

Christopher J. Lindell
Executive Vice President
Corporate Communications
(319) 743-7006
clindell@qcrh.com

GRAPHIC 3 exh991small_1.jpg begin 644 exh991small_1.jpg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end