Three months ended

September 30,

Nine months ended

September 30,

2013

2012

2013

2012

Net income

$

3,811,944

$

3,184,510

$

11,122,319

$

9,860,738

Less: Net income attributable to noncontrolling interests

-

127,177

-

494,431

Net income attributable to QCR Holdings, Inc.

$

3,811,944

$

3,057,333

$

11,122,319

$

9,366,307

Less: Preferred stock dividends

810,837

2,432,512

2,685,248

Net income attributable to QCR Holdings, Inc. common stockholders

$

3,001,107

$

2,246,496

$

8,689,807

$

6,681,059

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

Basic

$

0.52

$

0.45

$

1.62

$

1.37

Diluted

$

0.51

$

0.44

$

1.59

$

1.35

Weighted average common shares outstanding

5,806,019

4,978,699

5,375,557

4,871,626

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

109,260

101,589

106,741

66,888

Weighted average common and common equivalent shares outstanding

5,915,279

5,080,288

5,482,298

4,938,514