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