Three months ended

June 30,

Six months ended

June 30,

2013

2012

2013

2012

Net income

$

4,045,231

$

3,273,379

$

7,310,375

$

6,676,228

Less: Net income attributable to noncontrolling interests

-

201,223

-

367,254

Net income attributable to QCR Holdings, Inc.

$

4,045,231

$

3,072,156

$

7,310,375

$

6,308,974

Less: Preferred stock dividends

810,838

935,786

1,621,675

1,874,411

Net income attributable to QCR Holdings, Inc. common stockholders

$

3,234,393

$

2,136,370

$

5,688,700

$

4,434,563

Earnings per common share attributable to QCR Holdings, Inc. common stockholders

Basic

$

0.60

$

0.44

$

1.10

$

0.92

Diluted

$

0.59

$

0.44

$

1.08

$

0.91

Weighted average common shares outstanding

5,393,062

4,835,773

5,160,327

4,818,090

Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan

104,213

66,080

105,482

49,538

Weighted average common and common equivalent shares outstanding

5,497,275

4,901,853

5,265,809

4,867,628