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Note 17 - Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 17.     Earnings per Share


The following information was used in the computation of basic and diluted EPS for the years ended December 31, 2015, 2014, and 2013:


   

2015

   

2014

   

2013

 
                         

Net income

  $ 16,927,881     $ 14,952,537     $ 14,938,245  

Less: Preferred stock dividends

    -       1,081,877       3,168,302  

Net income attributable to QCR Holdings, Inc. common stockholders

  $ 16,927,881     $ 13,870,660     $ 11,769,943  
                         

EPS attributable to QCR Holdings, Inc. common stockholders

                       

Basic

  $ 1.64     $ 1.75     $ 2.13  

Diluted

  $ 1.61     $ 1.72     $ 2.08  
                         

Weighted average common shares outstanding*

    10,345,286       7,925,220       5,531,948  

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

    154,555       123,441       114,978  

Weighted average common and common equivalent shares outstanding

    10,499,841       8,048,661       5,646,926  

*The increase in weighted average common shares outstanding from 2014 to 2015 was primarily due to the common stock issuance discussed in Note 12 to the Consolidated Financial Statements.


**Excludes anti-dilutive shares of 36,572, 124,983, and 116,324 at December 31, 2015, 2014 and 2013, respectively.