FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to________ Commission file number 0-22208 QCR HOLDINGS, INC. (Exact name of Registrant as specified in its charter) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Larry Helling - CEO Todd Gipple - President, COO & CFO Conference Call Participants Damon DelMonte - KBW Daniel Tamayo - Raymond James Brian Martin - Janney Montgomery Scott Nathan Race - Piper Sandler Jeff Rulis - D.A. Davidson Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Third Quarter of 2022. Yesterday, after market close, the company distribute ...

Financial Performance - Net income for the three months ended June 30, 2022, was $15,242 thousand, a decrease of 31.5% compared to $22,349 thousand in the same period of 2021[14]. - Net income for 2022 was $38,866,000, down from $40,331,000 in 2021, a decrease of 3.6%[18]. - Net income for the six months ended June 30, 2022, was $38.866 million, a decrease of 3.5% from $40.331 million in 2021[22]. - Net income from continuing operations for the three months ended June 30, 2022, was $15,242,000, compared to $22,349,000 in the same period of 2021, indicating a decrease of about 31.5%[115]. - The Company reported a net income of $15.2 million and diluted EPS of $0.87 for the quarter ended June 30, 2022, a decrease from $23.6 million and $1.49 in the previous quarter[133]. Revenue and Income Sources - Total revenue for the three months ended June 30, 2022, was $90,987,000, an increase from $68,199,000 in the same period of 2021, representing a growth of approximately 33.4%[115]. - Total noninterest income increased to $22,782 thousand, a 18.5% rise from $19,296 thousand year-over-year[14]. - Noninterest income decreased to $38,415,000 in 2022 from $42,785,000 in 2021, a decline of 10.2%[18]. - Trust department fees contributed significantly to noninterest income, with 188 new relationships added totaling $250.9 million in new assets under management in the first six months of 2022[148]. - Capital markets revenue from swap fees totaled $13.0 million for the quarter and $19.4 million for the six months of 2022[144]. Assets and Liabilities - Total assets increased to $7,392,941 thousand as of June 30, 2022, up from $6,096,132 thousand as of December 31, 2021, representing a growth of 21.2%[12]. - Total deposits increased to $5,820,657 thousand, a 18.3% increase from $4,922,772 thousand as of December 31, 2021[12]. - The total assets acquired by the Company amounted to $1,218,273,000, while total liabilities assumed were $1,137,729,000, resulting in net assets acquired of $80,544,000[40]. - The Company reported a total of 17,345,324 weighted average common shares outstanding for Q2 2022, compared to 15,813,932 in Q2 2021[99]. Loans and Credit Quality - Net loans/leases receivable rose to $5,705,478 thousand, a 24% increase from $4,601,411 thousand in the previous year[12]. - The total loan/lease portfolio amounted to $5,797.9 million, an increase of 23.9% from $4,680.1 million as of December 31, 2021[64]. - Nonperforming loans (NPLs) totaled $23.8 million as of June 30, 2022, with a total NPL percentage of 0.41%[66]. - The allowance for credit losses was $92.4 million as of June 30, 2022, compared to $78.7 million as of December 31, 2021, indicating a rise of 17.4%[64]. - The provision for credit losses for the three months ended June 30, 2022, was $12.141 million, which included $11.0 million related to acquired non-PCD loans from Guaranty Bank[69]. Interest Income and Expenses - Net interest income for the three months ended June 30, 2022, was $59,400 thousand, up 36.5% from $43,516 thousand in the same period of 2021[14]. - Total interest and dividend income increased to $119,267,000 in 2022 from $96,468,000 in 2021, representing a growth of 23.6%[18]. - The average cost of interest-bearing liabilities was 0.74% for the quarter ended June 30, 2022, compared to 0.60% for the same quarter in 2021[173]. - Interest income increased by 39% in Q2 2022 compared to Q2 2021, and by 24% for the first half of 2022 compared to the same period in 2021, primarily due to the GFED acquisition and increased yields on loans and securities[171]. Noninterest Expenses - Total noninterest expense for the three months ended June 30, 2022, was $54,248 thousand, up 52.2% from $35,675 thousand in the same period of 2021[14]. - Noninterest expense rose by 42% in the second quarter of 2022 compared to the first quarter, primarily due to acquisition costs and post-acquisition expenses[137]. - Salaries and employee benefits increased by 30.1% in Q2 2022 compared to Q2 2021, and by 11.9% in the first half of 2022 compared to the first half of 2021[194]. - Acquisition costs totaled $2.0 million in Q2 2022 and $3.8 million in the first half of 2022, with no costs incurred in the same periods of 2021[198]. Capital and Regulatory Compliance - The Company’s total common equity Tier 1 capital ratio was maintained above the regulatory minimum, ensuring compliance with capital adequacy guidelines[118]. - Total risk-based capital for the Company was $907,484 thousand, with a ratio of 13.40%, exceeding the required 8.00%[119]. - As of June 30, 2022, the Company and its subsidiary banks met all capital adequacy requirements as per regulatory standards[117]. Acquisitions - The Company completed the acquisition of GFED on April 1, 2022, merging its subsidiary bank, Guaranty Bank, into Springfield First Community Bank[115]. - The acquisition of Guaranty Bank on April 1, 2022, resulted in total assets acquired valued at $1.218 billion and net assets acquired of $80.544 million[23]. - The consideration paid for the acquisition included $26,871,000 in cash and $117,214,000 in common stock, totaling $144,085,000, with goodwill recognized at $63,541,000[40]. Economic Outlook and Risks - The Company anticipates that the economic impact from COVID-19 may continue to adversely affect its business and loan portfolio[126]. - The Company’s financial statements are prepared in accordance with GAAP, requiring management to make estimates that could significantly change[127].

QCR Holdings, Inc. (NASDAQ:QCRH) Q2 2022 Earnings Conference Call July 27, 2022 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Damon DelMonte - KBW Brian Martin - Janney Montgomery Nathan Race - Piper Sandler Jeff Rulis - D.A. Davidson Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Second Quarter of 2022. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to________ Commission file number 0-22208 QCR HOLDINGS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 42-1397595 (I.R.S. Employer Identification No.) 3551 7 th Street, Moline, Illinois 61265 (Address ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q1 2022 Earnings Conference Call April 27, 2022 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Nathan Race - Piper Sandler Jeff Rulis - D.A. Davidson Damon DelMonte - KBW Brian Martin - Janney Montgomery Daniel Tamayo - Raymond James Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. ...

Table of Contents (Exact name of registrant as specified in its charter) Delaware 42-1397595 (State of incorporation) (I.R.S. Employer Identification No.) 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, 2021. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-22208 QCR HOLDINGS, INC. 3551 7th S ...

QCR Holdings Inc (NASDAQ:QCRH) Q4 2021 Earnings Conference Call January 26, 2022 11:00 AM ET Company Participants Larry Helling - CEO Todd Gipple - CFO Conference Call Participants Nathan Race - Piper Sandler Daniel Tamayo - Raymond James Brian Martin - Janney Montgomery Damon DelMonte - KBW Operator Good day, and welcome to the QCR Holdings Inc Fourth Quarter 2021 Financial Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After todays presentation there will ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to________ Commission file number 0-22208 QCR HOLDINGS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q3 2021 Earnings Conference Call October 28, 2021 11:00 AM ET Company Participants Larry Helling - CEO & Director Todd Gipple - President, COO, CFO & Director Conference Call Participants Damon DelMonte - Keefe, Bruyette, & Woods Nathan Race - Piper Sandler Jeffrey Rulis - D.A. Davidson Daniel Tamayo - Raymond James Brian Martin - Janney Montgomery Scott Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Third Quarter of 2021. Yester ...