Financial Data and Key Metrics Changes - Adjusted net income for Q1 2021 was $18.6 million, with diluted adjusted earnings per share at $1.16, reflecting a 50% year-over-year increase [10][12] - Core loans grew by 14% on an annualized basis, driven by strong production in both core commercial business and Specialty Finance Group [9][19] - Net interest income for the quarter was $42 million, down $1.7 million from Q4 2020, but static when excluding acquisition-related net accretion and PPP income [22][25] Business Line Data and Key Metrics Changes - Specialty Finance Group saw strong demand, particularly in municipal and tax credit finance, contributing to the overall loan growth [11][19] - Non-interest income was $23.5 million, including $13.6 million in swap fee income, down from $32 million in Q4 2020 [26] - Wealth management income increased nearly 13% on a linked quarter basis, driven by a $457 million increase in assets under management [28] Market Data and Key Metrics Changes - Core deposits grew by just over 3% on an annualized basis, with non-interest-bearing deposits increasing by $124 million or nearly 11% from the prior quarter [13][21] - The company managed to shift excess correspondent banking deposits off-balance sheet, maintaining $2.35 billion in total deposits under management [14][100] Company Strategy and Development Direction - The company aims for organic loan growth of 8% to 10% for the full year of 2021, consistent with a long-term goal of 9% [13][18] - Management is optimistic about the local markets as the economy reopens post-pandemic, positioning for profitable growth and value creation through organic means and strategic acquisitions [18][60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in asset quality, with negligible net charge-offs and only $7 million in loan deferrals at the end of the quarter [16][31] - The company anticipates potential NIM compression of 1 to 3 basis points in Q2 due to low interest rates and excess liquidity [25][72] Other Important Information - The effective tax rate for the quarter was 16.5%, lower than the previous quarter due to a higher ratio of tax-exempt revenue [32] - The company continues to build capital through strong earnings, with a tangible common equity to tangible assets ratio improving to 9.67% [32] Q&A Session Summary Question: Swap income commissions - Todd Gipple explained that around 75% of swap income at the low-end of guidance would reach the bottom line, decreasing to 65%-70% at the higher end due to incentive compensation [39] Question: Loan growth momentum - Larry Helling noted broad-based growth in core business and strong client demand, particularly in manufacturing and assembly sectors, contributing to the adjusted loan growth guidance [41][43] Question: Provision and reserves outlook - Management indicated a prudent approach to reserves, expecting modest provision expenses in the coming quarters due to strong analytics and favorable economic conditions [52][56] Question: Capital deployment and buybacks - Larry Helling stated that the first priority is to fund growth with capital, followed by M&A opportunities, with buybacks considered when prudent [60][62] Question: Margin headwinds - Todd Gipple discussed potential headwinds for NIM due to declining loan yields and excess liquidity, while also highlighting efforts to manage costs [70][72] Question: PPP forgiveness timeline - Todd Gipple anticipated that most remaining PPP fees would be recognized by the end of the calendar year, with a significant portion expected in Q2 [84] Question: Off-balance sheet deposits economics - Todd Gipple explained the management of correspondent bank deposits and the modest fees associated with managing off-balance sheet funds, emphasizing liquidity access [97][100]

�� 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00 00 00 00 00 00 00 000 0 0 C 0 HC C. VID-19 Exposure Q1 2021 FORWARD-LOOKING STATEMENTS A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, among others, the following: (i) the strength of the local, state, national and international economies (including the impact of the new p ...

Table of Contents U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-22208 (Exact name of registrant as specified in its charter) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securit ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q4 2020 Earnings Conference Call January 28, 2021 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President, Chief Operating Officer & Chief Financial Officer Conference Call Participants Jeff Rulis - D.A. Davidson Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Operator Greetings and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Fourth Quarter and Full Year 2020. Yesterday, after m ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q3 2020 Results Conference Call October 28, 2020 11:00 AM ET Company Participants Larry Helling - CEO Todd Gipple - President, COO and CFO Conference Call Participants Nathan Race - Piper Sandler Damon DelMonte - KBW Jeff Rulis - D.A. Davidson Brian Martin - Janney Montgomery Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Third Quarter of 2020. Yesterday, after market close, the company distributed its third quarter earnings press ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q2 2020 Earnings Conference Call July 28, 2020 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President, Chief Operating Officer, and Chief Financial Officer Conference Call Participants Jeff Rulis - D.A. Davidson Damon DelMonte - KBW Nathan Race - Piper Sandler Evan Lisle - Janney Montgomery Scott Operator Greetings, and welcome to the QCR Holdings, Inc.Â's Earnings Conference Call for the Second Quarter of 2020. Yesterday, after mark ...

COVID-19 EXPOSURE Q2 2020 FORWARD-LOOKING STATEMENTS This document contains, and future oral and written statements of QCR Holdings, Inc. (the "Company") and its management may contain, forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of t ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q1 2020 Earnings Conference Call April 29, 2020 11:00 AM ET Company Participants Larry Helling – Chief Executive Officer Todd Gipple – President, Chief Operating Officer, and Chief Financial Officer Conference Call Participants Damon DelMonte – KBW Nathan Race – Piper Sandler Terry McEvoy – Stephens Jeff Rulis – D.A. Davidson Brian Martin – Janney Montgomery Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the First Quarter of 2020. Yest ...

a relationship driven organization® COVID-19-Related Disclosures April 28, 2020 Forward-Looking Statements This document contains, and future oral and written statements of QCR Holdings (the "Company") and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be base ...

QCR Holdings, Inc (NASDAQ:QCRH) Q4 2019 Earnings Conference Call January 23, 2020 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President, Chief Operating Officer & Chief Financial Officer Conference Call Participants Nathan Race - Piper Sandler Damon DelMonte - KBW Jeff Rulis - D.A. Davidson Terry McEvoy – Stephens Brian Martin - Janney Montgomery Operator Greetings and welcome to the QCR Holdings Inc. Fourth Quarter and Year End 2019 Conference Call. Yesterday, aft ...