NOTE 4 - DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Derivatives Not Designated as Hedging Instruments [Table Text Block]

		March 31, 2019				December 31, 2018
	Notional Amount		Estimated Fair Value		Notional Amount		Estimated Fair Value
	(dollars in thousands)
Non-Hedging Interest Rate Derivatives Assets:
Interest rate swap contracts	$	490,780	$	36,078	$	445,022	$	22,196
Non-Hedging Interest Rate Derivatives Liabilities:
Interest rate swap contracts	$	490,780	$	36,078	$	445,022	$	22,196

Interest rate cap

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

			Balance Sheet			1-Month LIBOR		Fair Value as of
Hedged Instrument	Effective Date	Maturity Date	Location	Notional Amount		Strike Rate			March 31, 2019		December 31, 2018
(dollars in thousands)
1-month FHLB Advance	6/3/2014	6/5/2019	Other Assets	$	15,000	0.94	%	$	56	$		117
1-month FHLB Advance	6/5/2014	6/5/2021	Other Assets		15,000	1.44	%		241			342
				$	30,000			$	297	$		459

Interest rate swap

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

			Balance Sheet							Fair Value as of
Hedged Instrument	Effective Date	Maturity Date	Location	Notional Amount		Receive Rate		Pay Rate		March 31, 2019		December 31, 2018
(dollars in thousands)
QCR Holdings Statutory Trust II	9/30/2018	9/30/2028	Other Liabilities	$	10,000	5.44	%	5.85	%	$	(557)	$	(298)
QCR Holdings Statutory Trust III	9/30/2018	9/30/2028	Other Liabilities		8,000	5.44	%	5.85	%		(445)		(239)
QCR Holdings Statutory Trust V	7/7/2018	7/7/2028	Other Liabilities		10,000	4.34	%	4.54	%		(540)		(288)
Community National Statutory Trust II	9/20/2018	9/20/2028	Other Liabilities		3,000	4.80	%	5.17	%		(166)		(89)
Community National Statutory Trust III	9/15//2018	9/15/2028	Other Liabilities		3,500	4.36	%	4.75	%		(194)		(104)
Guaranty Bankshares Statutory Trust I	9/15/2018	9/15/2028	Other Liabilities		4,500	4.36	%	4.75	%		(249)		(133)
				$	39,000	4.89	%	5.24	%	$	(2,151)	$	(1,151)