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Note 4 - Earnings Per Share
6 Months Ended
Jun. 30, 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

   

Six months ended

 
   

June 30,

   

June 30,

 
   

2014

   

2013

   

2014

   

2013

 
                                 

Net income

  $ 4,007,836     $ 4,045,231     $ 7,897,051     $ 7,310,375  
                                 

Less: Preferred stock dividends

    373,869       810,838       1,081,877       1,621,675  

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 3,633,967     $ 3,234,393     $ 6,815,174     $ 5,688,700  
                                 

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

                               

Basic

  $ 0.46     $ 0.60     $ 0.86     $ 1.10  

Diluted

  $ 0.45     $ 0.59     $ 0.85     $ 1.08  
                                 

Weighted average common shares outstanding

    7,924,624       5,393,062       7,912,830       5,160,327  

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

    125,890       104,213       127,449       105,482  

Weighted average common and common equivalent shares outstanding

    8,050,514       5,497,275       8,040,279       5,265,809