Three months ended

Nine months ended

September 30,

2015

2014

2015

2014

Net income

$

6,488,987

$

4,062,665

$

10,143,058

$

11,959,716

Less: Preferred stock dividends

-

1,081,877

Net income attributable to QCR Holdings, Inc. common stockholders

$

6,488,987

$

4,062,665

$

10,143,058

$

10,877,839

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

Basic

$

0.55

$

0.51

$

1.03

$

1.37

Diluted

$

0.55

$

0.50

$

1.01

$

1.35

Weighted average common shares outstanding*

11,713,993

7,931,944

9,878,882

7,919,201

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

161,937

122,041

145,559

121,217

Weighted average common and common equivalent shares outstanding

11,875,930

8,053,985

10,024,441

8,040,418