Note 7 - Business Segment Information

9 Months Ended

Sep. 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 and merged with and into CRBT on October 26, 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 nine months ended September 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 September 30, 2013
Total revenue	$	12,610,738	$	6,614,689	$	3,457,684		$	3,391,981	$	1,946,795	$	5,398,152		$	(5,489,143	)	$	27,930,896
Net interest income	$	8,494,707	$	4,100,494	$	2,421,255		$	2,782,513	$	-	$	(488,633	)	$	-		$	17,310,336
Net income attributable to QCR Holdings, Inc.	$	2,541,293	$	1,626,220	$	445,521		$	315,587	$	458,813	$	3,811,944		$	(5,387,434	)	$	3,811,944
Total assets	$	1,248,417,915	$	651,239,436	$	333,804,180		$	276,428,086	$	-	$	214,875,126		$	(239,050,305	)	$	2,485,714,438
Provision for loan/lease losses	$	674,984	$	-	$	112,000		$	580,000	$	-	$	-		$	-		$	1,366,984
Goodwill	$	3,222,688	$	-	$	-		$	-	$	-	$	-		$	-		$	3,222,688
Core deposit intangible	$	-	$	-	$	-		$	3,311,073	$	-	$	-		$	-		$	3,311,073
Three Months Ended September 30, 2012
Total revenue	$	11,643,674	$	6,706,485	$	2,897,098		$	-	$	1,490,297	$	4,542,612		$	(3,675,459	)	$	23,604,707
Net interest income	$	8,602,967	$	4,027,693	$	2,368,483		$	-	$	-	$	(369,625	)	$	-		$	14,629,518
Net income attributable to QCR Holdings, Inc.	$	2,586,303	$	1,532,946	$	(313,019	)	$	-	$	108,950	$	3,077,515		$	(3,935,362	)	$	3,057,333
Total assets	$	1,134,296,418	$	587,057,961	$	299,947,837		$	-	$	-	$	196,448,244		$	(193,804,388	)	$	2,023,946,072
Provision for loan/lease losses	$	350,194	$	300,000	$	846,000		$	-	$	-	$	-		$	-		$	1,496,194
Goodwill	$	3,222,688	$	-	$	-		$	-	$	-	$	-		$	-		$	3,222,688
Nine Months Ended September 30, 2013
Total revenue	$	36,476,985	$	20,011,520	$	10,291,554		$	4,900,023	$	5,488,081	$	16,570,031		$	(14,977,630	)	$	78,760,564
Net interest income	$	25,371,337	$	11,897,163	$	7,160,723		$	4,008,125	$	-	$	(1,227,643	)	$	-		$	47,209,705
Net income attributable to QCR Holdings, Inc.	$	6,989,589	$	4,971,503	$	1,261,243		$	458,786	$	1,000,558	$	11,122,319		$	(14,681,679	)	$	11,122,319
Total assets	$	1,248,417,915	$	651,239,436	$	333,804,180		$	276,428,086	$	-	$	214,875,126		$	(239,050,305	)	$	2,485,714,438
Provision for loan/lease losses	$	2,052,889	$	400,000	$	912,000		$	580,014	$	-	$	-		$	-		$	3,944,903
Goodwill	$	3,222,688	$	-	$	-				$	-	$	-		$	-		$	3,222,688
Core deposit intangible	$	-	$	-	$	-		$	3,311,073	$	-	$	-		$	-		$	3,311,073
Nine Months Ended September 30, 2012
Total revenue	$	36,196,909	$	19,829,521	$	9,665,950		$	-	$	4,427,051	$	13,533,609		$	(13,115,614	)	$	70,537,426
Net interest income	$	25,524,594	$	11,691,876	$	7,259,522		$	-	$	-	$	(1,127,528	)	$	-		$	43,348,464
Net income attributable to QCR Holdings, Inc.	$	7,603,033	$	4,214,081	$	482,950		$	-	$	425,356	$	9,484,700		$	(12,843,813	)	$	9,366,307
Total assets	$	1,134,296,418	$	587,057,961	$	299,947,837		$	-	$	-	$	196,448,244		$	(193,804,388	)	$	2,023,946,072
Provision for loan/lease losses	$	1,138,109	$	875,000	$	1,312,000		$	-	$	-	$	-		$	-		$	3,325,109
Goodwill	$	3,222,688	$	-	$	-		$	-	$	-	$	-		$	-		$	3,222,688