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Note 4 - Earnings Per Share
3 Months Ended
Mar. 31, 2015
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

 
   

March 31,

 
   

2015

   

2014

 
                 

Net income

  $ 4,177,889     $ 3,889,215  
                 

Less: Preferred stock dividends

    -       708,008  

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 4,177,889     $ 3,181,207  
                 

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

               

Basic

  $ 0.52     $ 0.40  

Diluted

  $ 0.52     $ 0.40  
                 

Weighted average common shares outstanding

    7,975,910       7,901,035  

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

    121,534       129,008  

Weighted average common and common equivalent shares outstanding

    8,097,444       8,030,043