Note 7 - Business Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 7 – 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 four subsidiary banks wholly-owned by the Company: QCBT, CRBT, RB&T, and CNB (which was acquired on May 13, 2013). Each of these secondary segments offers similar products and services, but is 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 four 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.

Selected financial information on the Company’s business segments is presented as follows for the three and six months ended June 30, 2013 and 2012.

	Commercial Banking
	Quad City Bank & Trust		Cedar Rapids Bank & Trust		Rockford Bank & Trust		Community National Bank		Wealth Management		All Other			Intercompany Eliminations			Consolidated Total
Three Months Ended June 30, 2013
Total revenue	$	11,810,586	$	6,468,480	$	3,649,811	$	1,672,243	$	1,728,074	$	6,439,309		$	(4,680,346	)	$	27,088,157
Net interest income	$	8,485,092	$	3,951,787	$	2,434,391	$	1,225,612	$	-	$	(388,830	)	$	-		$	15,708,052
Net income attributable to QCR Holdings, Inc.	$	1,951,271	$	1,624,472	$	719,480	$	239,902	$	232,035	$	4,045,231		$	(4,767,160	)	$	4,045,231
Total assets	$	1,226,928,751	$	619,443,210	$	333,996,843	$	277,425,832	$	-	$	211,484,709		$	(222,507,868	)	$	2,446,771,477
Provision for loan/lease losses	$	1,020,123	$	100,000	$	400,000	$	14	$	-	$	-		$	-		$	1,520,137
Goodwill	$	3,222,688	$	-	$	-	$	-	$	-	$	-		$	-		$	3,222,688
Core deposit intangible	$	-	$	-	$	-	$	3,440,076	$	-	$	-		$	-		$	3,440,076
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
Six Months Ended June 30, 2013
Total revenue	$	23,866,247	$	13,396,831	$	6,833,870	$	1,672,243	$	3,377,085	$	11,171,879		$	(9,488,487	)	$	50,829,668
Net interest income	$	16,876,630	$	7,796,669	$	4,739,468	$	1,225,612	$	-	$	(739,010	)	$	-		$	29,899,369
Net income attributable to QCR Holdings, Inc.	$	4,448,296	$	3,345,283	$	815,722	$	239,902	$	445,042	$	7,310,375		$	(9,294,245	)	$	7,310,375
Total assets	$	1,226,928,751	$	619,443,210	$	333,996,843	$	277,425,832	$	-	$	211,484,709		$	(222,507,868	)	$	2,446,771,477
Provision for loan/lease losses	$	1,377,905	$	400,000	$	800,000	$	14	$	-	$	-		$	-		$	2,577,919
Goodwill	$	3,222,688	$	-	$	-			$	-	$	-		$	-		$	3,222,688
Core deposit intangible	$	-	$	-	$	-	$	3,440,076	$	-	$	-		$	-		$	3,440,076
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