Note 22 - Business Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 22.          Business Segment Information

Selected financial and descriptive information is required to be disclosed for reportable operating segments, applying a “management perspective” as the basis for identifying reportable segments. The management perspective is determined by the view that management takes of the segments within the Company when making operating decisions, allocating resources, and measuring performance. The segments of the Company have been defined by the structure of the Company’s internal organization, focusing on the financial information that the Company’s operating decision-makers routinely use to make decisions about operating matters.

The Company’s primary segment, Commercial Banking, is geographically divided by markets into the secondary segments which are the three subsidiary banks wholly-owned by the Company: QCBT, CRBT, and RB&T. CRBT includes CNB’s operations from acquisition date (May 13, 2013) forward. Each of these secondary segments offer similar products and services, but are managed separately due to different pricing, product demand, and consumer markets. Each offers commercial, consumer, and mortgage loans and deposit services.

The Company’s Wealth Management segment represents trust and asset management and investment management and advisory services offered at the Company’s three subsidiary banks in aggregate. This segment generates income primarily from fees charged based on assets under administration for corporate and personal trusts, custodial services, and investments managed. No assets of the subsidiary banks have been allocated to the Wealth Management segment.

The Company’s All Other segment includes the corporate operations of the parent and operations of all other consolidated subsidiaries and/or defined operating segments that fall below the segment reporting thresholds.

Selected financial information on the Company's business segments, with all intercompany accounts and transactions eliminated, is presented as follows as of and for the years ended December 31, 2014, 2013, and 2012:

	Commercial Banking
	Quad City		Cedar Rapids		Rockford		Wealth					Intercompany			Consolidated
	Bank & Trust		Bank & Trust		Bank & Trust		Management		All other			Eliminations			Total
Twelve Months Ended December 31, 2014
Total revenue	$	48,542,678	$	35,683,917	$	14,598,307	$	8,513,322	$	80,978		$	(456,646	)	$	106,962,556
Net interest income		36,539,635		24,215,815		10,261,615		-		(1,945,937	)		-			69,071,128
Net income		9,065,183		7,562,252		2,149,676		1,556,082		(5,380,656	)		-			14,952,537
Total assets		1,320,684,456		840,331,777		353,448,134		-		17,727,123			(7,233,390	)		2,524,958,100
Provision for loan/lease losses		3,800,667		1,855,333		1,151,000		-		-			-			6,807,000
Goodwill		3,222,688		-		-		-		-			-			3,222,688
Core deposit intangible		-		1,670,921		-		-		-			-			1,670,921
Twelve Months Ended December 31, 2013
Total revenue	$	48,742,635	$	36,089,448	$	13,809,593	$	7,521,821	$	1,924,329		$	(402,040	)	$	107,685,786
Net interest income		33,892,035		22,239,329		9,645,411		-		(1,671,338	)		-			64,105,437
Net income		9,310,779		7,953,230		1,855,672		1,379,402		(5,560,838	)		-			14,938,245
Total assets		1,245,128,136		804,223,453		339,375,139		-		22,394,401			(16,168,205	)		2,394,952,924
Provision for loan/lease losses		3,391,406		1,531,014		1,008,000		-		-			-			5,930,420
Goodwill		3,222,688		-		-		-		-			-			3,222,688
Core deposit intangible		-		1,870,433		-		-		-			-			1,870,433
Twelve Months Ended December 31, 2012
Total revenue	$	47,984,123	$	26,697,921	$	12,955,951	$	5,993,437	$	745,682		$	(379,946	)	$	93,997,168
Net interest income		33,770,092		15,717,038		9,630,481		-		(1,468,351	)		-			57,649,260
Net income		9,915,267		5,786,446		857,610		646,762		(4,577,566	)		(10,752	)		12,617,767
Total assets		1,177,294,502		625,713,218		313,824,607		-		14,906,904			(38,008,739	)		2,093,730,492
Provision for loan/lease losses		1,527,767		1,275,000		1,568,000		-		-			-			4,370,767
Goodwill		3,222,688		-		-		-		-			-			3,222,688