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Note 2 - Acquisition of Community National Bancorporation and Community National Bank (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure Text Block Supplement [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
   

As of

May 13, 2013

 

ASSETS

       

Cash and due from banks

  $ 9,286,757  

Federal funds sold

    12,335,000  

Interest-bearing deposits at financial institutions

    2,024,539  

Securities available for sale

    45,853,826  

Loans/leases receivable, net

    195,658,486  

Premises and equipment

    8,132,021  

Core deposit intangible

    3,440,076  

Bank-owned life insurance

    4,595,529  

Restricted investment securities

    1,259,375  

Other real estate owned

    550,326  

Other assets

    5,178,583  

Total assets acquired

  $ 288,314,518  
         

LIABILITIES

       

Deposits

  $ 255,045,071  

Other borrowings

    3,950,000  

Junior subordinated debentures

    4,125,175  

Other liabilities

    3,911,053  

Total liabilties assumed

  $ 267,031,299  
         

Net assets acquired

  $ 21,283,219  
         

CONSIDERATION PAID:

       

Cash

  $ 6,261,684  

Issuance of 834,715 shares of common stock

    13,180,150  

Total consideration paid

  $ 19,441,834  

Bargain purchase gain

  $ 1,841,385  
Business Acquisition, Pro Forma Information [Table Text Block]
   

Three months ended

June 30,

   

Six months ended

June 30,

 
   

2013

   

2012

   

2013

   

2012

 
                                 

Interest income

  $ 21,275,698     $ 22,056,089     $ 42,364,836     $ 43,963,029  

Noninterest income

  $ 5,511,338     $ 4,885,073     $ 11,339,794     $ 9,472,182  

Net income

  $ 1,945,117     $ 3,610,172     $ 5,476,700     $ 7,153,770  

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 1,134,279     $ 2,473,163     $ 3,855,025     $ 4,912,105  
                                 

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

                               

Basic

  $ 0.21     $ 0.46     $ 0.71     $ 0.91  

Diluted

  $ 0.21     $ 0.45     $ 0.70     $ 0.89