| QCR Holdings, Inc. | |
| Type: | Public |
| Traded As: | NASDAQ: Russell 2000 Component |
| Location: | Moline, Illinois, U.S. |
| Key People: | Patrick S. Baird (chairman) Larry J. Helling (CEO) |
| Num Employees: | 343 |
| Industry: | Finance |
| Products: | Banks |
| Revenue: | US$312 million (2020)[1] |
| Operating Income: | US$23.63 million (2008)[2] |
| Net Income: | US$6.71 million (2008) |
QCR Holdings, Inc., through its subsidiaries, provides commercial and consumer banking, and trust and asset management services for the Quad City and Cedar Rapids communities. QCR Holdings, Inc. was founded in 1993 and is headquartered in Moline, Illinois.[3]
QCR Holdings, Inc. is a multi-bank holding company headquartered in Moline, Illinois that serves the Quad Cities and Cedar Rapids communities through its wholly owned subsidiary banks. The company also engages in commercial leasing through a subsidiary company in Milwaukee, Wisconsin.:[4]
The subsidiary banks of QCR Holdings include:[4]
QCR Holdings signed an agreement to sell its Milwaukee subsidiary, First Wisconsin Bank & Trust, to National Bancshares, Inc. near the end of 2008. First Wisconsin commenced operations in 2006.[5]
QCR Holdings announced an agreement to sell its Rockford subsidiary, Rockford Bank and Trust, to Heartland Financial USA, Inc. subsidiary Illinois Bank & Trust on August 13, 2019.[6] The sale closed on November 30, 2019[7] and the bank's systems conversion occurred on February 7, 2020.[8]
In 2022, QCR Holdings acquired Guaranty Federal Bancshares.[9]