Note 5 - Business Segment Information

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

NOTE 5 – BUSINESS SEGMENT INFORMATION

Selected financial and descriptive information is required to be disclosed for reportable operating segments, applying a “management perspective” as the basis for identifying reportable segments.  The management perspective is determined by the view that management takes of the segments within the Company when making operating decisions, allocating resources, and measuring performance.  The segments of the Company have been defined by the structure of the Company’s internal organization, focusing on the financial information that the Company’s operating decision-makers routinely use to make decisions about operating matters.

The Company’s primary segment, Commercial Banking, is geographically divided by markets into the secondary segments which are the three subsidiary banks wholly-owned by the Company:  QCBT, CRBT, and RB&T.  Each of these secondary segments offer similar products and services, but are managed separately due to different pricing, product demand, and consumer markets.  Each offers commercial, consumer, and mortgage loans and deposit services.

The Company’s Wealth Management segment represents the trust and asset management and investment management and advisory services offered at the Company’s three subsidiary banks in aggregate.  This segment generates income primarily from fees charged based on assets under administration for corporate and personal trusts, custodial services, and investments managed.  No assets of the subsidiary banks have been allocated to the Wealth Management segment.

The Company’s All Other segment includes the operations of all other consolidated subsidiaries and/or defined operating segments that fall below the segment reporting thresholds.  This segment includes the corporate operations of the parent company and the 91% owned real estate holding operations of VPHC.

Selected financial information on the Company’s business segments is presented as follows for the three and six months ended June 30, 2012 and 2011.

	Commercial Banking
	Quad City Bank & Trust		Cedar Rapids Bank & Trust		Rockford Bank & Trust		Wealth Management		All Other			Intercompany Eliminations			Consolidated Total
Three Months Ended June 30, 2012
Total revenue	$	11,936,569	$	6,536,887	$	3,648,057	$	1,531,560	$	4,379,005		$	(4,430,041	)	$	23,602,037
Net interest income	$	8,532,585	$	3,896,184	$	2,458,333	$	-	$	(371,609	)	$	-		$	14,515,493
Net income attributable to QCR Holdings, Inc.	$	2,327,046	$	1,413,869	$	402,494	$	156,523	$	3,110,821		$	(4,338,597	)	$	3,072,156
Total assets	$	1,157,927,167	$	581,059,340	$	301,189,716	$	-	$	194,399,498		$	(191,149,975	)	$	2,043,425,746
Provision for loan/lease losses	$	392,469	$	225,000	$	431,000	$	-	$	-		$	-		$	1,048,469
Goodwill	$	3,222,688	$	-	$	-	$	-	$	-		$	-		$	3,222,688
Three Months Ended June 30, 2011
Total revenue	$	11,887,135	$	7,308,909	$	3,386,900	$	1,444,978	$	3,938,351		$	(3,930,816	)	$	24,035,457
Net interest income	$	7,831,907	$	4,223,541	$	2,207,957	$	-	$	(312,350	)	$	-		$	13,951,055
Net income attributable to QCR Holdings, Inc.	$	2,259,488	$	1,355,089	$	66,276	$	192,264	$	2,677,173		$	(3,875,321	)	$	2,674,969
Total assets	$	1,030,910,790	$	573,534,805	$	280,132,269	$	-	$	189,364,559		$	(195,454,080	)	$	1,878,488,343
Provision for loan/lease losses	$	638,221	$	410,000	$	624,000	$	-	$	-		$	-		$	1,672,221
Goodwill	$	3,222,688	$	-	$	-	$	-	$	-		$	-		$	3,222,688
Six Months Ended June 30, 2012
Total revenue	$	24,201,602	$	13,123,036	$	6,768,852	$	2,936,754	$	8,990,997		$	(9,088,522	)	$	46,932,719
Net interest income	$	16,921,627	$	7,664,183	$	4,891,039	$	-	$	(757,903	)	$	-		$	28,718,946
Net income attributable to QCR Holdings, Inc.	$	5,016,730	$	2,681,135	$	795,969	$	316,406	$	6,407,185		$	(8,908,451	)	$	6,308,974
Total assets	$	1,157,927,167	$	581,059,340	$	301,189,716	$	-	$	194,399,498		$	(191,149,975	)	$	2,043,425,746
Provision for loan/lease losses	$	787,915	$	575,000	$	466,000	$	-	$	-		$	-		$	1,828,915
Goodwill	$	3,222,688	$	-	$	-	$	-	$	-		$	-		$	3,222,688
Six Months Ended June 30, 2011
Total revenue	$	23,842,944	$	14,371,515	$	6,668,880	$	2,926,997	$	7,456,594		$	(7,523,117	)	$	47,743,813
Net interest income	$	14,828,267	$	7,985,664	$	4,286,062	$	-	$	(940,136	)	$	-		$	26,159,857
Net income attributable to QCR Holdings, Inc.	$	3,922,793	$	2,589,513	$	289,407	$	483,652	$	4,861,431		$	(7,346,867	)	$	4,799,929
Total assets	$	1,030,910,790	$	573,534,805	$	280,132,269	$	-	$	189,364,559		$	(195,454,080	)	$	1,878,488,343
Provision for loan/lease losses	$	1,077,885	$	785,000	$	877,000	$	-	$	-		$	-		$	2,739,885
Goodwill	$	3,222,688	$	-	$	-	$	-	$	-		$	-		$	3,222,688