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Note 4 - Earnings Per Share
6 Months Ended
Jun. 30, 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
June 30,
   
Six months ended
June 30,
 
   
2012
   
2011
   
2012
   
2011
 
                         
Net income
  $ 3,273,379     $ 2,773,214     $ 6,676,228     $ 5,004,698  
Less:  Net income attributable to noncontrolling interests
    201,223       98,245       367,254       204,769  
Net income attributable to QCR Holdings, Inc.
  $ 3,072,156     $ 2,674,969     $ 6,308,974     $ 4,799,929  
                                 
Less:  Preferred stock dividends and discount accretion
    935,786       1,035,742       1,874,411       2,068,113  
Net income attributable to QCR Holdings, Inc. common stockholders
  $ 2,136,370     $ 1,639,227     $ 4,434,563     $ 2,731,816  
                                 
Earnings per common share attributable to QCR Holdings, Inc. common stockholders
                         
Basic
  $ 0.44     $ 0.34     $ 0.92     $ 0.57  
Diluted
  $ 0.44     $ 0.34     $ 0.91     $ 0.57  
                                 
Weighted average common shares outstanding
    4,835,773       4,847,740       4,818,090       4,759,728  
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan
    66,080       26,238       49,538       19,120  
Weighted average common and common equivalent shares outstanding
    4,901,853       4,873,978       4,867,628       4,778,848