Note 12 - Junior Subordinated Debentures (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Subordinated Borrowing [Table Text Block]


	2018		2017
Note Payable to QCR Holdings Capital Trust II	$	10,310,000	$	10,310,000
Note Payable to QCR Holdings Capital Trust III		8,248,000		8,248,000
Note Payable to QCR Holdings Capital Trust V		10,310,000		10,310,000
Note Payable to Community National Trust II		3,093,000		3,093,000
Note Payable to Community National Trust III		3,609,000		3,609,000
Note Payable to Guaranty Bankshares Statutory Trust I*		4,640,000		4,640,000
Market Value Discount per ASC 805**		(2,539,957)		(2,723,513)
	$	37,670,043	$	37,486,487

* As part of the acquisition of Guaranty Bank, the Company assumed one junior subordinated debenture with a fair value of $3,857,275.

** Market value discount includes discount on junior subordinated debt acquired in 2013 as part of the purchase of Community National and junior subordinated debt acquired in 2017 as part of the purchase of Guaranty Bank.

Investments in and Advances to Affiliates [Table Text Block]


		Amount		Amount
		Outstanding		Outstanding
		December 31,		December 31,			Interest Rate as of		Interest Rate as of
Name	Date Issued	2018		2017		Interest Rate	December 31, 2018		December 31, 2017
QCR Holdings Statutory Trust II*	February 2004	$	10,310,000	$	10,310,000	2.85% over 3-month LIBOR	5.65	%	4.54	%
QCR Holdings Statutory Trust III	February 2004		8,248,000		8,248,000	2.85% over 3-month LIBOR	5.65	%	4.54	%
QCR Holdings Statutory Trust V	February 2006		10,310,000		10,310,000	1.55% over 3-month LIBOR	3.99	%	2.91	%
Community National Statutory Trust II	September 2004		3,093,000		3,093,000	2.17% over 3-month LIBOR	4.96	%	3.80	%
Community National Statutory Trust III	March 2007		3,609,000		3,609,000	1.75% over 3-month LIBOR	4.54	%	3.32	%
Guaranty Bankshares Statutory Trust I	May 2005		4,640,000		4,640,000	1.75% over 3-month LIBOR	4.54	%	3.34	%
		$	40,210,000	$	40,210,000	Weighted Average Rate	4.94	%	3.82	%

* Original amount issued for QCR Holdings Statutory Trust II was $12,372,000.