Note 20 - Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Note 20.     Parent Company Only Financial Statements

The following is condensed financial information of QCR Holdings, Inc. (parent company only):

Condensed Balance Sheets

December 31, 2015 and 2014

Assets	2015			2014
Cash and due from banks	$	3,650,133		$	4,499,139
Interest-bearing deposits at financial institutions		701			190,127
Securities available for sale, at fair value		1,398,255			1,724,353
Investment in bank subsidiaries		256,709,890			198,881,739
Investment in nonbank subsidiaries		1,318,227			1,388,361
Premises and equipment, net		4,502,435			3,160,035
Other assets		12,797,292			6,765,109
Total assets	$	280,376,933		$	216,608,863
Liabilities and Stockholders' Equity
Liabilities:
Other borrowings	$	-		$	21,745,116
Junior subordinated debentures		38,499,052			40,423,735
Other liabilities		15,992,131			10,361,503
Total liabilities		54,491,183			72,530,354
Stockholders' Equity:
Common stock		11,761,083			8,074,443
Additional paid-in capital		123,282,851			61,668,968
Retained earnings		92,965,645			77,876,824
Accumulated other comprehensive loss		(2,123,829	)		(1,935,216	)
Treasury stock		-			(1,606,510	)
Total stockholders' equity		225,885,750			144,078,509
Total liabilities and stockholders' equity	$	280,376,933		$	216,608,863

Condensed Statements of Income

Years Ended December 31, 2015, 2014, and 2013

	2015			2014		2013
Total interest income	$	69,774		$	40,815	$	43,476
Equity in net income of bank subsidiaries		22,059,086			20,333,194		20,499,070
Equity in net income of nonbank subsidiaries		32,823			32,675		31,540
Securities gains		262,800			-		-
Gain on debt extinguishment		300,000			-		-
Bargain purchase gain on Community National acquisition		-			-		1,841,385
Other		(4,436	)		7,486		7,942
Total income		22,720,047			20,414,170		22,423,413
Interest expense		1,679,909			1,986,752		1,714,814
Salaries and employee benefits		4,847,507			4,671,719		4,765,762
Professional fees		1,121,094			1,100,714		977,571
Acquisition and data conversion costs		-			-		2,037,684
Other		949,041			635,081		642,044
Total expenses		8,597,551			8,394,266		10,137,875
Income before income tax benefit		14,122,496			12,019,904		12,285,538
Income tax benefit		2,805,385			2,932,633		2,652,707
Net income	$	16,927,881		$	14,952,537	$	14,938,245

Condensed Statements of Cash Flows

Years Ended December 31, 2015, 2014, and 2013

	2015			2014			2013
Cash Flows from Operating Activities:
Net income	$	16,927,881		$	14,952,537		$	14,938,245
Adjustments to reconcile net income to net cash provided by operating activities:
Distributions in excess of (less than) earnings of:
Bank subsidiaries		(12,359,086	)		166,806			5,500,930
Nonbank subsidiaries		(128	)		9			(103	)
Bargain purchase gain on Community National acquisition		-			-			(1,841,385	)
Accretion of acquisition fair value adjustments		137,317			133,905			79,655
Depreciation		174,757			100,158			75,182
Stock-based compensation expense		941,469			891,619			792,279
Securities gains, net		(262,801	)		-			-
Gain on debt extinguishment		(300,000	)		-			-
Decrease (increase) in other assets		(5,929,110	)		1,912,597			(725,105	)
(Decrease) increase in other liabilities		5,502,390			2,644,458			(2,978,106	)
Net cash provided by operating activities		4,832,689			20,802,089			15,841,592
Cash Flows from Investing Activities:
Net increase in interest-bearing deposits at financial institutions		189,426			(2,726	)		(2,288	)
Activity in securities portfolio:
Purchases		(1,764,137	)		(40,523	)		(34,040	)
Calls, maturities and redemptions		1,772,719			71,429			-
Sales		489,828			-			-
Capital infusion, bank subsidiaries		(45,600,000	)		-			-
Net cash paid for Community National acquisition		-			-			(6,261,684	)
Purchase of premises and equipment		(1,517,157	)		(16,618	)		-
Net cash (used in) provided by investing activities		(46,429,321	)		11,562			(6,298,012	)
Cash Flows from Financing Activities:
Activity in other borrowings:
Proceeds from other borrowings		-			10,000,000			10,000,000
Calls, maturities and scheduled principal payments		(2,350,000	)		(2,359,207	)		(373,446	)
Prepayments		(19,395,116	)		-			(9,550,000	)
Retirement of junior subordinated debentures		(1,762,000	)		-			-
Payment of cash dividends on common and preferred stock		(782,054	)		(1,964,608	)		(4,062,726	)
Net proceeds from common stock offering, 3,680,000 shares issued		63,484,123			-			-
Redemption of 29,867 shares of Series F Noncumulative Perpetual Preferred Stock, net		-			(29,823,922	)		-
Proceeds from issuance of common stock, net		1,552,673			620,641			582,742
Net cash provided by (used in) financing activities		40,747,626			(23,527,096	)		(3,403,430	)
Net increase (decrease) in cash and due from banks		(849,006	)		(2,713,445	)		6,140,150
Cash and due from banks:
Beginning		4,499,139			7,212,584			1,072,434
Ending	$	3,650,133		$	4,499,139		$	7,212,584