Note 18 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Text Block]

Note 18.                 Quarterly Results of Operations (Unaudited)

	Year Ended December 31, 2011
	March			June		September			December
	2011			2011		2011			2011
Total interest income	$	18,651,232		$	19,862,076	$	19,569,430		$	19,640,510
Total interest expense		6,442,430			5,911,021		5,740,726			5,484,215
Net interest income		12,208,802			13,951,055		13,828,704			14,156,295
Provision for loan/lease losses		1,067,664			1,672,221		2,456,965			1,419,164
Noninterest income		5,057,124			4,173,381		4,335,307			3,896,066
Noninterest expense		13,012,271			12,555,547		12,773,149			12,651,685
Income before taxes		3,185,991			3,896,668		2,933,897			3,981,512
Federal and state income tax expense		954,507			1,123,454		667,296			1,122,942
Net income	$	2,231,484		$	2,773,214	$	2,266,601		$	2,858,570
Less net income attributable to noncontrolling interests		106,524			98,245		103,446			130,006
Net income attributable to QCR Holdings, Inc.	$	2,124,960		$	2,674,969	$	2,163,155		$	2,728,564
Earnings per common share:
Basic	$	0.23		$	0.35	$	(0.01	)	$	0.36
Diluted	$	0.23		$	0.34	$	(0.01	)	$	0.35
	Year Ended December 31, 2010
	March			June		September			December
	2010			2010		2010			2010
Total interest income	$	20,476,577		$	20,359,099	$	19,740,256		$	19,521,434
Total interest expense		7,656,009			7,828,007		7,576,681			7,172,901
Net interest income		12,820,568			12,531,092		12,163,575			12,348,533
Provision for loan/lease losses		1,603,229			1,376,189		1,434,232			3,049,968
Noninterest income		2,831,637			3,538,070		4,358,286			4,677,895
Noninterest expense		12,441,922			12,214,586		12,133,765			11,758,790
Income before taxes		1,607,054			2,478,387		2,953,864			2,217,670
Federal and state income tax expense		392,121			678,550		829,992			548,586
Net income	$	1,214,933		$	1,799,837	$	2,123,872		$	1,669,084
Less net income (loss) attributable to noncontrolling interests		(77,076	)		62,336		109,786			126,001
Net income attributable to QCR Holdings, Inc.	$	1,292,009		$	1,737,501	$	2,014,086		$	1,543,083
Earnings per common share:
Basic	$	0.06		$	0.15	$	0.21		$	0.11
Diluted	$	0.06		$	0.15	$	0.21		$	0.11