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Note 17 - Earnings Per Common Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 17.          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, 2014, 2013, and 2012:


   

2014

   

2013

   

2012

 
                         

Net income

  $ 14,952,537     $ 14,938,245     $ 13,106,240  

Less: Net income attributable to noncontrolling interests

    -       -       488,473  

Net income attributable to QCR Holdings, Inc.

  $ 14,952,537     $ 14,938,245     $ 12,617,767  
                         

Less: Preferred stock dividends

    1,081,877       3,168,302       3,496,085  *

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 13,870,660     $ 11,769,943     $ 9,121,682  
                         

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

                       

Basic

  $ 1.75     $ 2.13     $ 1.88  

Diluted

  $ 1.72     $ 2.08     $ 1.85  
                         

Weighted average common shares outstanding

    7,925,220       5,531,948       4,844,776  

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

    123,441       114,978       74,783  

Weighted average common and common equivalent shares outstanding

    8,048,661       5,646,926       4,919,559  

*Excludes anti-dilutive shares of 124,983, 116,324, and 158,375 at December 31, 2014, 2013 and 2012, respectively.