Note 17 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information [Text Block]

Note 17.                 Quarterly Results of Operations (Unaudited)

	Year Ended December 31, 2012
	March 2012		June 2012		September 2012		December 2012
Total interest income	$	19,373,804	$	19,534,528	$	19,487,525	$	18,980,016
Total interest expense		5,170,351		5,019,035		4,858,007		4,679,220
Net interest income		14,203,453		14,515,493		14,629,518		14,300,796
Provision for loan/lease losses		780,446		1,048,469		1,496,194		1,045,658
Noninterest income		3,956,878		4,067,509		4,117,182		4,479,726
Noninterest expense		12,738,080		13,109,083		13,031,517		13,380,267
Income before taxes		4,641,805		4,425,450		4,218,989		4,354,597
Federal and state income tax expense		1,238,956		1,152,071		1,034,479		1,109,095
Net income	$	3,402,849	$	3,273,379	$	3,184,510	$	3,245,502
Less net income (loss) attributable to noncontrolling interests		166,031		201,223		127,177		(5,958	)
Net income attributable to QCR Holdings, Inc.	$	3,236,818	$	3,072,156	$	3,057,333	$	3,251,460
Earnings per common share:
Basic	$	0.48	$	0.44	$	0.45	$	0.50
Diluted	$	0.48	$	0.44	$	0.44	$	0.49

	Year Ended December 31, 2011
		March 2011		June 2011		September 2011			December 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