XML 62 R51.htm IDEA: XBRL DOCUMENT v3.21.2
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Summary of Interest Rate Cap Derivatives (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Derivative Assets $ 198,393 $ 222,757
Interest rate swap    
Derivative Assets 196,928 222,431
Interest rate cap    
Derivative Assets 141 67
Cash Flow Hedging | Interest rate swap    
Derivative Assets 807  
Cash Flow Hedging | Interest rate cap    
Derivative Assets 517 259
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging    
Notional Amount 150,000  
Fair Value - Asset 807  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2023 [Member]    
Notional Amount 25,000  
Fair Value - Asset $ 1 3
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2023 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.75%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2023 [Member]    
Notional Amount $ 50,000  
Fair Value - Asset $ 2 5
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2023 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.57%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Three Maturing 2023 [Member]    
Notional Amount $ 25,000  
Fair Value - Asset $ 1 3
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Three Maturing 2023 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.80%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2024 [Member]    
Notional Amount $ 25,000  
Fair Value - Asset $ 26 15
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2024 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.75%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2024 [Member]    
Notional Amount $ 50,000  
Fair Value - Asset $ 53 31
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2024 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.57%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Three Maturing 2024 [Member]    
Notional Amount $ 25,000  
Fair Value - Asset $ 26 15
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Three Maturing 2024 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.80%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2025 [Member]    
Notional Amount $ 25,000  
Fair Value - Asset $ 101 46
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument One Maturing 2025 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.75%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2025 [Member]    
Notional Amount $ 50,000  
Fair Value - Asset $ 205 94
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Two Maturing 2025 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.57%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Four Maturing 2025 [Member]    
Notional Amount $ 25,000  
Fair Value - Asset $ 102 47
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Derivative Instrument Four Maturing 2025 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.80%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | QCBT - Loans    
Notional Amount $ 35,000  
Fair Value - Asset $ 192  
Receive Rate 1.40%  
Pay Rate 2.81%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | CRBT - Loans    
Notional Amount $ 50,000  
Fair Value - Asset $ 274  
Receive Rate 1.40%  
Pay Rate 2.81%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | CSB - Loans    
Notional Amount $ 40,000  
Fair Value - Asset $ 204  
Receive Rate 1.40%  
Pay Rate 2.81%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | SFCB - Loans    
Notional Amount $ 25,000  
Fair Value - Asset $ 137  
Receive Rate 1.40%  
Pay Rate 2.81%  
Designated as Hedging Instrument | Derivative Assets | Cash Flow Hedging | Interest rate cap    
Notional Amount $ 300,000  
Fair Value - Asset 517 259
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | Interest rate swap    
Notional Amount 39,000  
Fair Value - Liability (4,522) (6,839)
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | QCR Holdings Statutory Trust II    
Notional Amount 10,000  
Fair Value - Liability $ (1,169) (1,767)
Receive Rate 2.98%  
Pay Rate 5.85%  
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | QCR Holdings Statutory Trust III    
Notional Amount $ 8,000  
Fair Value - Liability $ (936) (1,414)
Receive Rate 2.98%  
Pay Rate 5.85%  
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | QCR Holdings Statutory Trust V    
Notional Amount $ 10,000  
Fair Value - Liability $ (1,135) (1,721)
Receive Rate 1.68%  
Pay Rate 4.54%  
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | Community National Statutory Trust II    
Notional Amount $ 3,000  
Fair Value - Liability $ (350) (529)
Receive Rate 2.29%  
Pay Rate 5.17%  
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | Community National Statutory Trust III    
Notional Amount $ 3,500  
Fair Value - Liability $ (408) (616)
Receive Rate 1.87%  
Pay Rate 4.75%  
Designated as Hedging Instrument | Derivative Liabilities | Cash Flow Hedging | Guaranty Bankshares Statutory Trust I    
Notional Amount $ 4,500  
Fair Value - Liability $ (524) (792)
Receive Rate 1.87%  
Pay Rate 4.75%  
Non Designated | Interest rate swap    
Derivative Assets $ 196,928 222,431
Non Designated | Derivative Assets    
Notional Amount 75,000  
Derivative Assets 141 67
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2023 [Member]    
Notional Amount 25,000  
Derivative Assets $ 1 2
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2023 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.90%  
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2024 [Member]    
Notional Amount $ 25,000  
Derivative Assets $ 26 15
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2024 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.90%  
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2025 [Member]    
Notional Amount $ 25,000  
Derivative Assets $ 114 $ 50
Non Designated | Derivative Assets | Derivative Instrument One Maturing 2025 [Member] | London Interbank Offered Rate (LIBOR)    
Derivative, Basis Spread on Variable Rate 1.90%