Note 17 - Earnings Per Share

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

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,

2016,

2015,

and

2014:

	2016		2015		2014
Net income	$	27,686,787	$	16,927,881	$	14,952,537
Less: Preferred stock dividends		-		-		1,081,877
Net income attributable to QCR Holdings, Inc. common stockholders	$	27,686,787	$	16,927,881	$	13,870,660
EPS attributable to QCR Holdings, Inc. common stockholders
Basic	$	2.20	$	1.64	$	1.75
Diluted	$	2.17	$	1.61	$	1.72
Weighted average common shares outstanding*		12,570,767		10,345,286		7,925,220
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan**		195,236		154,555		123,441
Weighted average common and common equivalent shares outstanding		12,766,003		10,499,841		8,048,661

*The increase in weighted average common shares outstanding from

2014

to

2015

was primarily due to the common stock issuance discussed in Note

16

to the Consolidated Financial Statements. The increase in weighted average common shares outstanding from

2015

to

2016

was primarily due to the common stock issuance discussed in Note

2

to the Consolidated Financial Statements.

**Excludes anti-dilutive shares of

17,739,

36,572,

and

124,983

at

December

31,

2016,

2015

and

2014,

respectively.