Note 4 - Earnings Per Share

9 Months Ended

Sep. 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				Nine months ended
	September 30,				September 30,
	2014		2013		2014		2013
Net income	$	4,062,665	$	3,811,944	$	11,959,716	$	11,122,319
Less: Preferred stock dividends		-		810,837		1,081,877		2,432,512
Net income attributable to QCR Holdings, Inc. common stockholders	$	4,062,665	$	3,001,107	$	10,877,839	$	8,689,807
Earnings per common share attributable to QCR Holdings, Inc. common stockholders
Basic	$	0.51	$	0.52	$	1.37	$	1.62
Diluted	$	0.50	$	0.51	$	1.35	$	1.59
Weighted average common shares outstanding*		7,931,944		5,806,019		7,919,201		5,375,557
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan		122,041		109,260		121,217		106,741
Weighted average common and common equivalent shares outstanding		8,053,985		5,915,279		8,040,418		5,482,298

*On December 23, 2013, the Company converted $25.0 million of its outstanding shares of Series E Preferred Stock to common stock, which resulted in the issuance of 2,057,502 shares of common stock.