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Note 4 - Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 4 - EARNINGS PER SHARE


The following information was used in the computation of earnings per share on a basic and diluted basis:


   

Three months ended

March 31,

 
   

2014

   

2013

 
                 

Net income

  $ 3,889,215     $ 3,265,144  
                 

Less: Preferred stock dividends

    708,008       810,837  

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 3,181,207     $ 2,454,307  
                 

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

               

Basic

  $ 0.40     $ 0.50  

Diluted

  $ 0.40     $ 0.49  
                 

Weighted average common shares outstanding

    7,901,035       4,927,591  

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

    129,008       106,751  

Weighted average common and common equivalent shares outstanding

    8,030,043       5,034,342