Note 17 - Earnings Per Share

12 Months Ended

Dec. 31, 2017

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, 2017,

2016,

and

2015:

	2017		2016		2015
Net income attributable to QCR Holdings, Inc. common stockholders	$	35,706,507	$	27,686,787	$	16,927,881
EPS attributable to QCR Holdings, Inc. common stockholders
Basic	$	2.68	$	2.20	$	1.64
Diluted	$	2.61	$	2.17	$	1.61
Weighted average common shares outstanding*		13,325,128		12,570,767		10,345,286
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan**		355,344		195,236		154,555
Weighted average common and common equivalent shares outstanding		13,680,472		12,766,003		10,499,841

*

The increase in weighted average common shares outstanding from

2015

to

2016

was primarily due to the common stock issuance that occurred in conjunction with the CSB acquisition.

**

Excludes anti-dilutive shares of

49,919,

17,739,

and

36,572

at

December

31,2017,

2016

and

2015,

respectively.