Note 16 - Earnings Per Common Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 16.     Earnings Per Common Share

The following information was used in the computation of basic and diluted earnings per common share for the years ended December 31, 2013, 2012, and 2011:

	2013		2012		2011
Net income	$	14,938,245	$	13,106,240	$	10,129,869
Less: Net income attributable to noncontrolling interests		-		488,473		438,221
Net income attributable to QCR Holdings, Inc.	$	14,938,245	$	12,617,767	$	9,691,648
Less: Preferred stock dividends and discount accretion		3,168,302		3,496,085		5,283,885	*
Net income attributable to QCR Holdings, Inc. common stockholders	$	11,769,943	$	9,121,682	$	4,407,763
Earnings per common share attributable to QCR Holdings, Inc. common stockholders
Basic	$	2.13	$	1.88	$	0.93
Diluted	$	2.08	$	1.85	$	0.92
Weighted average common shares outstanding		5,531,948		4,844,776		4,724,781
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan **		114,978		74,783		64,245
Weighted average common and common equivalent shares outstanding		5,646,926		4,919,559		4,789,026

*For the year ended December 31, 2011, includes approximately $1.2 million of accelerated accretion of discount on the redemption of Series D Preferred Stock during the third quarter of 2011. See Note 11 for additional information.

**Excludes anti-dilutive shares of 116,324, 158,375, and 546,521 at December 31, 2013, 2012 and 2011, respectively.