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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest and dividend income:        
Loans/leases, including fees $ 19,278,335 $ 17,735,190 $ 55,528,578 $ 51,379,586
Securities:        
Taxable 1,639,534 2,327,836 5,317,794 7,484,279
Nontaxable 2,021,804 1,531,534 5,642,692 4,434,005
Interest-bearing deposits at financial institutions 66,604 66,397 208,323 228,167
Restricted investment securities 127,172 128,153 377,651 396,648
Federal funds sold 7,663 7,532 18,416 14,544
Total interest and dividend income 23,141,112 21,796,642 67,093,454 63,937,229
Interest expense:        
Deposits 1,140,419 1,168,385 3,296,351 3,371,593
Short-term borrowings 63,815 64,665 181,084 177,172
Federal Home Loan Bank advances 537,473 1,497,456 2,982,834 4,549,412
Other borrowings 944,903 1,279,626 3,285,231 3,625,751
Junior subordinated debentures 316,976 311,179 937,375 923,386
Total interest expense 3,003,586 4,321,311 10,682,875 12,647,314
Net interest income 20,137,526 17,475,331 56,410,579 51,289,915
Provision for loan/lease losses 1,635,263 1,063,323 5,694,384 3,159,364
Net interest income after provision for loan/lease losses 18,502,263 16,412,008 50,716,195 48,130,551
Noninterest income:        
Trust department fees 1,531,964 1,355,700 4,676,535 4,300,456
Investment advisory and management fees 782,442 726,908 2,250,918 2,086,758
Deposit service fees 1,186,701 1,168,961 3,404,550 3,306,769
Gains on sales of residential real estate loans 84,609 120,627 266,284 317,085
Gains on sales of government guaranteed portions of loans 759,668 158,736 899,987 860,923
Securities gains, net 56,580 19,429 473,513 40,625
Earnings on bank-owned life insurance 407,018 434,065 1,318,909 1,276,901
Swap fee income 62,700   1,182,630 62,000
Debit card fees 289,500 251,600 782,500 763,005
Correspondent banking fees 310,759 295,147 915,759 745,794
Participation service fees on commercial loan participations 201,822 218,268 647,598 632,469
Gains (losses) on other real estate owned, net 1,134,093 30,596 1,204,016 (114,109)
Other 841,070 381,636 1,603,175 1,063,222
Total noninterest income 7,648,926 5,161,673 19,626,374 15,341,898
Noninterest expense:        
Salaries and employee benefits 10,583,361 10,358,783 32,709,765 30,298,892
Occupancy and equipment expense 1,863,648 1,798,030 5,507,533 5,515,448
Professional and data processing fees 1,742,268 1,530,139 4,683,480 4,518,460
FDIC and other insurance 702,136 711,792 2,151,756 2,121,907
Loan/lease expense 252,860 184,908 1,087,747 908,036
Advertising and marketing 460,411 555,076 1,368,152 1,394,211
Postage and telephone 220,895 146,759 683,993 695,555
Stationery and supplies 144,967 138,377 424,330 435,763
Bank service charges 392,352 337,067 1,088,806 959,496
Losses on debt extinguishment     6,894,185  
Other 830,433 721,209 2,193,815 1,970,492
Total noninterest expense 17,193,331 16,482,140 58,793,562 48,818,260
Net income before income taxes 8,957,858 5,091,541 11,549,007 14,654,189
Federal and state income tax expense 2,468,871 1,028,876 1,405,949 2,694,473
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 shareholders        
Basic (in Dollars per share) $ 0.55 $ 0.51 $ 1.03 $ 1.37
Diluted (in Dollars per share) $ 0.55 $ 0.50 $ 1.01 $ 1.35
Weighted average common shares outstanding (in Shares) [1] 11,713,993 7,931,944 9,878,882 7,919,201
Weighted average common and common equivalent shares outstanding (in Shares) 11,875,930 8,053,985 10,024,441 8,040,418
Cash dividends declared per common share (in Dollars per share)     $ 0.04 $ 0.04
[1] 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.