Note 9 - Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 9 - 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,
	2015			2014		2015		2014
Net income (loss)	$	(523,818	)	$	4,007,836	$	3,654,071	$	7,897,051
Less: Preferred stock dividends		-			373,869		-		1,081,877
Net income (loss) attributable to QCR Holdings, Inc. common stockholders	$	(523,818	)	$	3,633,967	$	3,654,071	$	6,815,174
Earnings per common share attributable to QCR Holdings, Inc. common stockholders
Basic	$	(0.05	)	$	0.46	$	0.41	$	0.86
Diluted	$	(0.05	)	$	0.45	$	0.40	$	0.85
Weighted average common shares outstanding*		9,946,744			7,924,624		8,961,327		7,912,830
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan**		-			125,890		137,370		127,449
Weighted average common and common equivalent shares outstanding**		9,946,744			8,050,514		9,098,697		8,040,279

   *The increase in weighted average common shares outstanding was primarily due to the common stock issuance discussed in Note 7 to the Consolidated Financial Statements.

** In accordance with U.S. GAAP, the common equivalent shares are not considered in the calculation of diluted earnings per share in periods when the numerator is a net loss.