Note 4 - Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Text Block]

NOTE 4 - EARNINGS PER SHARE

The following information was used in the computation of earnings per share on a basic and diluted basis:
 

	Three months ended March 31,
	2012		2011
Net income	$	3,402,849	$	2,231,484
Less: Net income attributable to noncontrolling interests		166,031		106,524
Net income attributable to QCR Holdings, Inc.	$	3,236,818	$	2,124,960
Less: Preferred stock dividends and discount accretion		938,625		1,032,371
Net income attributable to QCR Holdings, Inc. common stockholders	$	2,298,193	$	1,092,589
Earnings per common share attributable to QCR Holdings, Inc. common stockholders
Basic	$	0.48	$	0.23
Diluted	$	0.48	$	0.23
Weighted average common shares outstanding		4,800,407		4,671,715
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan		32,992		12,002
Weighted average common and common equivalent shares outstanding		4,833,399		4,683,717