000000906465--12-312021Q1false1584373215805711P3YP1Y0qcrh:ValuationTechniqueAppraisalOfCollateralMemberus-gaap:MeasurementInputAppraisedValueMemberqcrh:ValuationTechniqueAppraisalOfCollateralMemberus-gaap:MeasurementInputAppraisedValueMember0000906465us-gaap:RetainedEarningsMember2021-03-310000906465us-gaap:CommonStockMember2021-03-310000906465us-gaap:AdditionalPaidInCapitalMember2021-03-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-310000906465us-gaap:RetainedEarningsMember2020-12-310000906465us-gaap:CommonStockMember2020-12-310000906465us-gaap:AdditionalPaidInCapitalMember2020-12-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310000906465us-gaap:RetainedEarningsMember2020-03-310000906465us-gaap:CommonStockMember2020-03-310000906465us-gaap:AdditionalPaidInCapitalMember2020-03-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-310000906465us-gaap:RetainedEarningsMember2019-12-310000906465us-gaap:CommonStockMember2019-12-310000906465us-gaap:AdditionalPaidInCapitalMember2019-12-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000906465us-gaap:InterestRateCapMember2021-01-012021-03-310000906465us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember2021-01-012021-03-310000906465us-gaap:FiduciaryAndTrustMember2021-01-012021-03-310000906465us-gaap:DepositAccountMember2021-01-012021-03-310000906465us-gaap:DebitCardMember2021-01-012021-03-310000906465us-gaap:CorrespondentClearingMember2021-01-012021-03-310000906465us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember2020-01-012020-03-310000906465us-gaap:FiduciaryAndTrustMember2020-01-012020-03-310000906465us-gaap:DepositAccountMember2020-01-012020-03-310000906465us-gaap:DebitCardMember2020-01-012020-03-310000906465us-gaap:CorrespondentClearingMember2020-01-012020-03-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:RetainedEarningsMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-01-012021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-01-012021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-01-012020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-01-012020-12-310000906465us-gaap:InterestRateCapMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000906465srt:MinimumMemberqcrh:OtherRealEstateOwnedMember2021-03-310000906465srt:MaximumMemberqcrh:OtherRealEstateOwnedMember2021-03-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310000906465us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310000906465qcrh:CapletAmortizationMember2021-01-012021-03-310000906465qcrh:CapletAmortizationMember2020-01-012020-03-310000906465us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:PaycheckProtectionProgramMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateOwnerOccupiedLoansMember2021-03-310000906465qcrh:M2LeaseFundsLLCMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465us-gaap:ConstructionLoansMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:SubstandardMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:SpecialMentionMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:PassMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberqcrh:InternallyAssignedRiskRatingMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMemberus-gaap:SubstandardMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMemberus-gaap:SpecialMentionMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMemberus-gaap:PassMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMemberqcrh:InternallyAssignedRiskRatingMember2020-12-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2020-12-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2020-12-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2020-12-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberqcrh:InternallyAssignedRiskRatingMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:PaycheckProtectionProgramMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:InternallyAssignedRiskRatingMember2020-12-310000906465qcrh:PerformingLessThanNinetyDaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465qcrh:PerformingLessThanNinetyDaysPastDueMemberus-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465qcrh:PerformingLessThanNinetyDaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465qcrh:PerformingLessThanNinetyDaysPastDueMemberqcrh:InstallmentAndOtherConsumerLoansMember2020-12-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberqcrh:InstallmentAndOtherConsumerLoansMember2020-12-310000906465qcrh:M2LeaseFundsLLCMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465qcrh:DelinquencyStatusMemberus-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465qcrh:DelinquencyStatusMemberus-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465qcrh:DelinquencyStatusMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465qcrh:DelinquencyStatusMemberqcrh:InstallmentAndOtherConsumerLoansMember2020-12-310000906465us-gaap:EquitySecuritiesMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:EquipmentMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-03-310000906465us-gaap:EquipmentMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:OtherCollateralMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:NonOwnerOccupiedRealEstateMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-03-310000906465qcrh:CommercialAssetsMemberus-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:CommercialAssetsMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-03-310000906465qcrh:CommercialAssetsMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:EquitySecuritiesMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465us-gaap:EquipmentMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberqcrh:OneToFourFamilyRealEstateMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMemberqcrh:ConstructionAndLandDevelopmentMember2021-03-310000906465qcrh:OtherCollateralMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465qcrh:OtherCollateralMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465qcrh:NonOwnerOccupiedRealEstateMembersrt:MultifamilyMember2021-03-310000906465qcrh:NonOwnerOccupiedRealEstateMemberqcrh:OneToFourFamilyRealEstateMember2021-03-310000906465qcrh:NonOwnerOccupiedRealEstateMemberqcrh:ConstructionAndLandDevelopmentMember2021-03-310000906465qcrh:CommercialAssetsMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465qcrh:CollateralDependentLoansMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000906465qcrh:CollateralDependentLoansMembersrt:MultifamilyMember2021-03-310000906465qcrh:CollateralDependentLoansMemberqcrh:OneToFourFamilyRealEstateMember2021-03-310000906465qcrh:CollateralDependentLoansMemberqcrh:ConstructionAndLandDevelopmentMember2021-03-310000906465us-gaap:EquitySecuritiesMember2021-03-310000906465us-gaap:EquipmentMember2021-03-310000906465qcrh:OwnerOccupiedRealEstateMember2021-03-310000906465qcrh:OtherCollateralMember2021-03-310000906465qcrh:NonOwnerOccupiedRealEstateMember2021-03-310000906465qcrh:CommercialAssetsMember2021-03-310000906465qcrh:CollateralDependentLoansMember2021-03-310000906465srt:MinimumMemberqcrh:RevenueBondsMemberus-gaap:MunicipalBondsMember2021-03-310000906465srt:MinimumMemberqcrh:GeneralObligationBondsMemberus-gaap:MunicipalBondsMember2021-03-310000906465srt:MinimumMemberqcrh:RevenueBondsMemberus-gaap:MunicipalBondsMember2020-12-310000906465srt:MinimumMemberqcrh:GeneralObligationBondsMemberus-gaap:MunicipalBondsMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustFiveMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:GuarantyBanksharesStatutoryTrustOneMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberus-gaap:InterestRateCapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentFourMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:SfcBankMember2021-01-012021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:QuadCityBankAndTrustCompanyMember2021-01-012021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CommunityStateBankMember2021-01-012021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CedarRapidsBankAndTrustMember2021-01-012021-03-310000906465us-gaap:OperatingSegmentsMemberus-gaap:AllOtherSegmentsMember2021-01-012021-03-310000906465us-gaap:IntersegmentEliminationMember2021-01-012021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:SfcBankMember2020-01-012020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:QuadCityBankAndTrustCompanyMember2020-01-012020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CommunityStateBankMember2020-01-012020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CedarRapidsBankAndTrustMember2020-01-012020-03-310000906465us-gaap:OperatingSegmentsMemberus-gaap:AllOtherSegmentsMember2020-01-012020-03-310000906465us-gaap:IntersegmentEliminationMember2020-01-012020-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:InterestBearingDepositsMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:InterestBearingDepositsMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:InterestBearingDepositsMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:InterestBearingDepositsMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMember2021-03-310000906465us-gaap:ResidentialPortfolioSegmentMember2021-03-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMember2021-01-012021-03-310000906465us-gaap:ResidentialPortfolioSegmentMember2021-01-012021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2021-01-012021-03-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2021-01-012021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMemberus-gaap:SubstandardMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMemberus-gaap:SpecialMentionMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMemberus-gaap:PassMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310000906465us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310000906465qcrh:InstallmentAndOtherConsumerLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310000906465qcrh:InstallmentAndOtherConsumerLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMembersrt:MultifamilyMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:TroubledDebtRestructuringsMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:TroubledDebtRestructuringsMember2020-12-310000906465qcrh:InstallmentAndOtherConsumerLoansMemberqcrh:TroubledDebtRestructuringsMember2020-12-310000906465qcrh:TroubledDebtRestructuringsMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OtherNonownerOccupiedCommercialRealEstateLoansMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMemberqcrh:InstallmentAndOtherConsumerLoansMember2020-12-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2020-12-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2021-03-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2021-03-310000906465srt:MultifamilyMemberus-gaap:SubstandardMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:SubstandardMember2021-03-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-03-310000906465qcrh:DelinquencyStatusMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMemberqcrh:OneToFourFamilyRealEstateMemberqcrh:OneToFourFamilyMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:SpecialMentionMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberus-gaap:PassMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMemberus-gaap:SubstandardMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMemberus-gaap:SpecialMentionMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMemberus-gaap:PassMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberus-gaap:SubstandardMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberus-gaap:SpecialMentionMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberus-gaap:PassMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberqcrh:OneToFourFamilyRealEstateMemberqcrh:OneToFourFamilyMember2021-03-310000906465qcrh:DelinquencyStatusMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465qcrh:DelinquencyStatusMemberqcrh:OneToFourFamilyRealEstateMemberqcrh:OneToFourFamilyMember2021-03-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2021-03-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMemberus-gaap:FinanceLeasesPortfolioSegmentMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465srt:MultifamilyMemberus-gaap:PassMember2021-03-310000906465srt:MultifamilyMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMemberus-gaap:SubstandardMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMemberus-gaap:SpecialMentionMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMemberus-gaap:PassMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMemberqcrh:InternallyAssignedRiskRatingMember2021-03-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:FinanceLeasesPortfolioSegmentMember2021-03-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465qcrh:DelinquencyStatusMemberus-gaap:FinanceLeasesPortfolioSegmentMember2021-03-310000906465qcrh:DelinquencyStatusMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465qcrh:InternallyAssignedRiskRatingMember2021-03-310000906465qcrh:DelinquencyStatusMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:FinanceLeasesPortfolioSegmentMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberqcrh:OneToFourFamilyRealEstateMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMember2021-03-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465us-gaap:NonperformingFinancingReceivableMember2020-12-310000906465qcrh:OneCustomerMember2020-01-012020-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:PaymentDeferralMember2021-01-012021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberus-gaap:PaymentDeferralMember2021-01-012021-03-310000906465us-gaap:UnfundedLoanCommitmentMember2021-01-012021-03-310000906465us-gaap:ResidentialPortfolioSegmentMember2020-01-012020-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMember2020-01-012020-03-310000906465us-gaap:ResidentialPortfolioSegmentMember2021-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2021-12-310000906465us-gaap:ConsumerPortfolioSegmentMember2021-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000906465us-gaap:CommercialPortfolioSegmentMember2021-12-3100009064652021-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:UnfundedLoanCommitmentMember2021-03-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-03-310000906465us-gaap:UnfundedLoanCommitmentMember2021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2021-03-310000906465us-gaap:ConsumerPortfolioSegmentMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMember2021-03-310000906465srt:MultifamilyMember2021-03-310000906465qcrh:OneToFourFamilyRealEstateMember2021-03-310000906465qcrh:ConstructionAndLandDevelopmentMember2021-03-310000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateOwnerOccupiedLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateOwnerOccupiedLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ResidentialPortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:FinanceLeasesPortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialPortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMembersrt:MultifamilyMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberqcrh:OneToFourFamilyRealEstateMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMembersrt:MultifamilyMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberqcrh:OneToFourFamilyRealEstateMember2021-01-010000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberqcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:ConsumerPortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialPortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Membersrt:MultifamilyMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Memberqcrh:OneToFourFamilyRealEstateMember2020-12-310000906465us-gaap:ResidentialPortfolioSegmentMember2020-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2020-12-310000906465us-gaap:ConsumerPortfolioSegmentMember2020-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-310000906465us-gaap:CommercialPortfolioSegmentMember2020-12-310000906465us-gaap:AccountingStandardsUpdate201613Member2020-12-310000906465us-gaap:ResidentialPortfolioSegmentMember2020-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2020-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMember2020-03-310000906465us-gaap:CommercialPortfolioSegmentMember2020-03-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2020-03-310000906465us-gaap:ResidentialPortfolioSegmentMember2019-12-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2019-12-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMember2019-12-310000906465us-gaap:CommercialPortfolioSegmentMember2019-12-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2019-12-310000906465us-gaap:RetainedEarningsMember2021-01-012021-03-310000906465us-gaap:RetainedEarningsMember2020-01-012020-03-310000906465us-gaap:OtherAssetsMemberus-gaap:InterestRateCapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentFourMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustFiveMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:GuarantyBanksharesStatutoryTrustOneMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentTwoMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentThreeMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentFourMaturing2025Memberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:NondesignatedMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:NondesignatedMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:NondesignatedMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:NondesignatedMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:NondesignatedMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:NondesignatedMember2021-03-310000906465us-gaap:InterestRateCapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:InterestRateCapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2021-03-310000906465us-gaap:InterestRateCapMemberus-gaap:CashFlowHedgingMember2021-03-310000906465us-gaap:InterestRateCapMember2021-03-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2025Memberus-gaap:NondesignatedMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2024Memberus-gaap:NondesignatedMember2020-12-310000906465us-gaap:OtherAssetsMemberqcrh:DerivativeInstrumentOneMaturing2023Memberus-gaap:NondesignatedMember2020-12-310000906465us-gaap:InterestRateCapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:InterestRateCapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465us-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2020-12-310000906465us-gaap:InterestRateCapMemberus-gaap:CashFlowHedgingMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:TimeDepositsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:TimeDepositsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:NonmaturityDepositsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:NonmaturityDepositsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:TimeDepositsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:TimeDepositsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:NonmaturityDepositsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberqcrh:NonmaturityDepositsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465us-gaap:CashFlowHedgingMember2021-03-310000906465us-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-03-310000906465us-gaap:AccountingStandardsUpdate201613Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000906465us-gaap:AccountingStandardsUpdate201613Memberqcrh:OtherSecuritiesMember2021-03-310000906465us-gaap:AccountingStandardsUpdate201613Member2021-03-310000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-01-010000906465srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2021-01-010000906465us-gaap:CommonStockMember2021-01-012021-03-310000906465us-gaap:CommonStockMember2020-01-012020-03-310000906465us-gaap:PerformingFinancingReceivableMember2021-01-012021-03-310000906465us-gaap:PerformingFinancingReceivableMember2020-01-012020-03-310000906465us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2020-01-012020-03-310000906465us-gaap:PerformingFinancingReceivableMember2021-03-310000906465us-gaap:PerformingFinancingReceivableMember2020-12-310000906465us-gaap:PerformingFinancingReceivableMember2020-03-310000906465us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2020-03-310000906465us-gaap:PerformingFinancingReceivableMember2019-12-310000906465us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2019-12-3100009064652019-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberqcrh:OtherSecuritiesMember2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMemberqcrh:OtherSecuritiesMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberqcrh:OtherSecuritiesMember2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMemberqcrh:OtherSecuritiesMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465qcrh:CallableSecuritiesMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000906465qcrh:CallableSecuritiesMemberqcrh:OtherSecuritiesMember2021-03-310000906465qcrh:CallableSecuritiesMember2021-03-310000906465us-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000906465us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-03-310000906465us-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310000906465us-gaap:AssetBackedSecuritiesMember2021-03-310000906465qcrh:OtherSecuritiesMember2021-03-310000906465us-gaap:USStatesAndPoliticalSubdivisionsMember2020-12-310000906465us-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-12-310000906465us-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310000906465us-gaap:AssetBackedSecuritiesMember2020-12-310000906465qcrh:OtherSecuritiesMember2020-12-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-03-310000906465qcrh:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel3Member2021-03-310000906465qcrh:ImpairedLoansLeasesMemberus-gaap:FairValueInputsLevel3Member2021-03-310000906465us-gaap:FairValueMeasurementsRecurringMember2021-03-310000906465us-gaap:FairValueInputsLevel3Member2021-03-310000906465qcrh:OtherRealEstateOwnedMember2021-03-310000906465us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000906465qcrh:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel3Member2020-12-310000906465qcrh:ImpairedLoansLeasesMemberus-gaap:FairValueInputsLevel3Member2020-12-310000906465us-gaap:FairValueMeasurementsRecurringMember2020-12-310000906465us-gaap:FairValueInputsLevel3Member2020-12-310000906465qcrh:OtherRealEstateOwnedMember2020-12-310000906465qcrh:ImpairedLoansLeasesMember2020-12-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:SfcBankMember2021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:QuadCityBankAndTrustCompanyMember2021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CommunityStateBankMember2021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CedarRapidsBankAndTrustMember2021-03-310000906465us-gaap:OperatingSegmentsMemberus-gaap:AllOtherSegmentsMember2021-03-310000906465us-gaap:IntersegmentEliminationMember2021-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:SfcBankMember2020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:QuadCityBankAndTrustCompanyMember2020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CommunityStateBankMember2020-03-310000906465us-gaap:OperatingSegmentsMemberqcrh:CommercialBankingSegmentMemberqcrh:CedarRapidsBankAndTrustMember2020-03-310000906465us-gaap:OperatingSegmentsMemberus-gaap:AllOtherSegmentsMember2020-03-310000906465us-gaap:IntersegmentEliminationMember2020-03-310000906465qcrh:ImpairedLoansLeasesMember2021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-01-012021-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMember2020-01-012020-03-310000906465us-gaap:CommercialPortfolioSegmentMember2020-01-012020-03-310000906465qcrh:InstallmentAndOtherConsumerLoansMember2020-01-012020-03-310000906465us-gaap:AdditionalPaidInCapitalMember2021-01-012021-03-310000906465us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-310000906465us-gaap:FinanceLeasesPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:MunicipalBondsMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:CashAndCashEquivalentsMember2021-03-310000906465us-gaap:InterestRateSwapMember2021-03-310000906465us-gaap:InterestRateSwapMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:MunicipalBondsMember2020-12-310000906465us-gaap:InterestRateSwapMemberus-gaap:CashAndCashEquivalentsMember2020-12-310000906465us-gaap:InterestRateSwapMember2020-12-3100009064652020-03-310000906465srt:MinimumMember2021-03-310000906465srt:MaximumMember2021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:OwnerOccupiedCommercialRealEstateLoansMember2021-01-012021-03-310000906465us-gaap:CommercialRealEstatePortfolioSegmentMemberqcrh:CommercialRealEstateNonOwnerOccupiedLoansMember2021-01-012021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialRevolvingMember2021-01-012021-03-310000906465us-gaap:CommercialPortfolioSegmentMemberqcrh:CommercialAndIndustrialOtherMember2021-01-012021-03-310000906465qcrh:ConstructionAndLandDevelopmentMemberus-gaap:ConstructionLoansMember2021-01-012021-03-310000906465us-gaap:ConsumerPortfolioSegmentMember2021-01-012021-03-310000906465srt:MultifamilyMember2021-01-012021-03-310000906465qcrh:OneToFourFamilyRealEstateMember2021-01-012021-03-310000906465us-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-310000906465us-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-310000906465us-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310000906465us-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310000906465qcrh:CommercialBankingSegmentMember2021-03-310000906465qcrh:RevenueBondsMemberqcrh:AggregateFairValueExceeding5MillionMemberus-gaap:MunicipalBondsMember2021-03-310000906465qcrh:GeneralObligationBondsMemberqcrh:AggregateFairValueExceeding5MillionMemberus-gaap:MunicipalBondsMember2021-03-310000906465qcrh:RevenueBondsMemberqcrh:AggregateFairValueExceeding5MillionMemberus-gaap:MunicipalBondsMember2020-12-310000906465qcrh:GeneralObligationBondsMemberqcrh:AggregateFairValueExceeding5MillionMemberus-gaap:MunicipalBondsMember2020-12-310000906465qcrh:RevenueBondsMemberus-gaap:MunicipalBondsMember2021-03-310000906465qcrh:GeneralObligationBondsMemberus-gaap:MunicipalBondsMember2021-03-310000906465qcrh:RevenueBondsMember2021-03-310000906465qcrh:RevenueBondsMemberus-gaap:MunicipalBondsMember2020-12-310000906465qcrh:GeneralObligationBondsMemberus-gaap:MunicipalBondsMember2020-12-310000906465qcrh:RevenueBondsMember2020-12-310000906465srt:MinimumMemberqcrh:ImpairedLoansLeasesMember2021-03-310000906465srt:MaximumMemberqcrh:ImpairedLoansLeasesMember2021-03-310000906465us-gaap:CommercialPortfolioSegmentMember2021-01-012021-03-310000906465srt:SubsidiariesMembersrt:MinimumMemberus-gaap:AdjustableRateResidentialMortgageMember2021-01-012021-03-310000906465srt:SubsidiariesMembersrt:MaximumMemberus-gaap:AdjustableRateResidentialMortgageMember2021-01-012021-03-310000906465srt:MinimumMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:TermLoanMember2021-01-012021-03-310000906465srt:MaximumMemberus-gaap:CommercialPortfolioSegmentMemberqcrh:TermLoanMember2021-01-012021-03-310000906465srt:SubsidiariesMemberus-gaap:FixedRateResidentialMortgageMember2021-01-012021-03-310000906465qcrh:PerformingLessThanNinetyDaysPastDueMemberqcrh:LeaseResidentialAndConsumerPortfolioSegmentsMember2020-12-310000906465qcrh:NonPerformingGreaterThanNinetyDaysPastDueMemberqcrh:LeaseResidentialAndConsumerPortfolioSegmentsMember2020-12-310000906465qcrh:DelinquencyStatusMemberqcrh:LeaseResidentialAndConsumerPortfolioSegmentsMember2020-12-310000906465qcrh:CommercialAndCommercialRealEstatePortfolioSegmentsMemberus-gaap:SubstandardMember2020-12-310000906465qcrh:CommercialAndCommercialRealEstatePortfolioSegmentsMemberus-gaap:SpecialMentionMember2020-12-310000906465qcrh:CommercialAndCommercialRealEstatePortfolioSegmentsMemberus-gaap:PassMember2020-12-310000906465qcrh:CommercialAndCommercialRealEstatePortfolioSegmentsMemberqcrh:InternallyAssignedRiskRatingMember2020-12-310000906465qcrh:M2LeaseFundsLLCMember2021-01-012021-03-310000906465qcrh:LoanReliefProgramMember2021-01-012021-03-310000906465qcrh:M2LeaseFundsLLCMember2021-03-310000906465srt:MinimumMember2021-01-012021-03-310000906465srt:MaximumMember2021-01-012021-03-310000906465qcrh:LoanReliefProgramMember2021-03-310000906465us-gaap:InterestRateSwapMember2021-01-012021-03-310000906465us-gaap:InterestRateSwapMember2020-01-012020-03-310000906465us-gaap:InterestRateCapMember2020-12-310000906465qcrh:DerivativeLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:QcrHoldingsStatutoryTrustFiveMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:GuarantyBanksharesStatutoryTrustOneMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustTwoMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465qcrh:DerivativeLiabilitiesMemberqcrh:CommunityNationalStatutoryTrustThreeMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-310000906465us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-310000906465us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000906465us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000906465qcrh:SpringfieldFirstCommunityBankMember2021-03-310000906465qcrh:QuadCityBankAndTrustCompanyMember2021-03-310000906465qcrh:CommunityStateBankMember2021-03-310000906465qcrh:CedarRapidsBankAndTrustMember2021-03-310000906465qcrh:SpringfieldFirstCommunityBankMember2020-12-310000906465qcrh:QuadCityBankAndTrustCompanyMember2020-12-310000906465qcrh:CommunityStateBankMember2020-12-310000906465qcrh:CedarRapidsBankAndTrustMember2020-12-3100009064652020-12-3100009064652021-03-3100009064652020-01-012020-03-3100009064652021-05-0100009064652021-01-012021-03-31qcrh:loaniso4217:USDxbrli:sharesxbrli:sharesiso4217:USDxbrli:pureqcrh:segmentqcrh:contractqcrh:itemqcrh:issuerqcrh:stateqcrh:subsidiary

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 March 31, 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)

Delaware

42-1397595

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

3551 7th Street, Moline, Illinois 61265

(Address of principal executive offices, including zip code)

(309) 736-3580

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $1.00 Par Value

QCRH

The Nasdaq Global Market

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes       No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes       No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes       No

Indicate the number of shares outstanding of each of the issuer's classes of common stock as of the latest practicable date: As of May 1, 2021, the Registrant had outstanding 15,846,918 shares of common stock, $1.00 par value per share.

1

Table of Contents

QCR HOLDINGS, INC. AND SUBSIDIARIES

TABLE OF CONTENTS

Page
Number(s)

Part I

    

FINANCIAL INFORMATION

Item 1

    

Consolidated Financial Statements (Unaudited)

Consolidated Balance Sheets
As of March 31, 2021 and December 31, 2020

4

Consolidated Statements of Income
For the Three Months Ended March 31, 2021 and 2020

5

Consolidated Statements of Comprehensive Income
For the Three Months Ended March 31, 2021 and 2020

6

Consolidated Statements of Changes in Stockholders' Equity
For the Three Months Ended March 31, 2021 and 2020

7

Consolidated Statements of Cash Flows
For the Three Months Ended March 31, 2021 and 2020

8

Notes to Consolidated Financial Statements

10

Note 1. Summary of Significant Accounting Policies

10

Note 2. Investment Securities

20

Note 3. Loans/Leases Receivable

24

Note 4. Derivatives and Hedging Activities

34

Note 5. Income Taxes

36

Note 6. Earnings Per Share

37

Note 7. Fair Value

38

Note 8. Business Segment Information

40

Note 9. Regulatory Capital Requirements

41

Item 2

Management's Discussion and Analysis of Financial Condition and Results of Operations

Introduction

43

General

43

Impact of COVID-19

43

Executive Overview

46

Strategic Financial Metrics

47

Strategic Developments

48

GAAP to Non-GAAP Reconciliations

49

Net Interest Income - (Tax Equivalent Basis)

52

Critical Accounting Policies

54

Goodwill

54

Allowance for Credit Losses

55

Results of Operations

55

Interest Income

55

Interest Expense

55

Provision for Credit Losses

56

Noninterest Income

57

Noninterest Expense

59

2

Table of Contents

Income Taxes

60

Financial Condition

61

Investment Securities

61

Loans/Leases

62

Allowance for Credit Losses on Loans/Leases and OBS Exposures

64

Nonperforming Assets

66

Deposits

67

Borrowings

67

Stockholders' Equity

69

Liquidity and Capital Resources

69

Special Note Concerning Forward-Looking Statements

71

Item 3

    

Quantitative and Qualitative Disclosures About Market Risk

72

Item 4

Controls and Procedures

74

Part II

    

OTHER INFORMATION

75

Item 1

Legal Proceedings

75

Item 1A

Risk Factors

75

Item 2

Unregistered Sales of Equity Securities and Use of Proceeds

75

Item 3

Defaults Upon Senior Securities

75

Item 4

Mine Safety Disclosures

75

Item 5

Other Information

75

Item 6

Exhibits

76

Signatures

77

Throughout this Quarterly Report on Form 10-Q, we use certain acronyms and abbreviations, as defined in Note 1 to the Consolidated Financial Statements.

3

Table of Contents

Part I

Item 1

QCR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

As of March 31, 2021 and December 31, 2020

March 31,

December 31,

2021

2020

(dollars in thousands)

Assets

Cash and due from banks

$

78,814

$

61,329

Federal funds sold

 

1,350

 

9,080

Interest-bearing deposits at financial institutions

 

53,706

 

86,596

Securities held to maturity, at amortized cost, net of allowance for credit losses

 

452,952

 

476,165

Securities available for sale, at fair value

 

346,873

 

361,966

Total securities

799,825

 

838,131

Loans receivable held for sale

 

5,664

 

3,758

Loans/leases receivable held for investment

 

4,355,387

 

4,247,371

Gross loans/leases receivable

 

4,361,051

 

4,251,129

Less allowance for credit losses

 

(81,831)

 

(84,376)

Net loans/leases receivable

 

4,279,220

 

4,166,753

 

  

 

  

Bank-owned life insurance

 

61,057

 

60,586

Premises and equipment, net

 

73,162

 

72,693

Restricted investment securities

 

19,724

 

18,103

Other real estate owned, net

 

173

 

20

Goodwill

 

74,066

 

74,066

Intangibles

 

10,873

 

11,381

Derivatives

122,668

222,757

Other assets

 

70,509

 

61,302

Total assets

$

5,645,147

$

5,682,797

 

  

 

  

Liabilities and Stockholders' Equity

 

  

 

  

Liabilities:

 

  

 

  

Deposits:

 

  

 

  

Noninterest-bearing

$

1,269,578

$

1,145,378

Interest-bearing

 

3,362,204

 

3,453,759

Total deposits

 

4,631,782

 

4,599,137

 

  

 

  

Short-term borrowings

 

6,840

 

5,430

Federal Home Loan Bank advances

 

25,000

 

15,000

Subordinated notes

118,731

118,691

Junior subordinated debentures

 

38,030

 

37,993

Derivatives

125,863

229,270

Other liabilities

 

90,182

 

83,483

Total liabilities

 

5,036,428

 

5,089,004

 

  

 

  

 

  

 

  

Stockholders' Equity:

 

  

 

  

Preferred stock, $1 par value; shares authorized 250,000 March 2021 and December 2020 - no shares issued or outstanding

 

 

Common stock, $1 par value; shares authorized 20,000,000 March 2021 - 15,843,732 shares issued and outstanding December 2020 - 15,805,711 shares issued and outstanding

 

15,844

 

15,806

Additional paid-in capital

 

276,350

 

275,807

Retained earnings

 

316,900

 

300,804

Accumulated other comprehensive income (loss):

 

 

Securities available for sale

 

4,583

 

9,008

Derivatives

(4,958)

(7,632)

Total stockholders' equity

 

608,719

 

593,793

Total liabilities and stockholders' equity

$

5,645,147

$

5,682,797

See Notes to Consolidated Financial Statements (Unaudited)

4

Table of Contents

Part I

Item 1

QCR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

Three Months Ended March 31, 2021 and 2020

    

2021

    

2020

(dollars in thousands, except share data)

Interest and dividend income:

Loans/leases, including fees

$

41,333

$

43,159

Securities:

Taxable

 

2,042

 

1,727

Nontaxable

 

3,934

 

3,459

Interest-bearing deposits at financial institutions

 

37

 

361

Restricted investment securities

 

219

 

258

Federal funds sold

 

 

18

Total interest and dividend income

 

47,565

 

48,982

Interest expense:

Deposits

 

3,427

 

9,206

Short-term borrowings

 

1

 

64

Federal Home Loan Bank advances

 

9

 

449

Subordinated notes

1,594

994

Junior subordinated debentures

 

559

 

571

Total interest expense

 

5,590

 

11,284

Net interest income

 

41,975

 

37,698

Provision for credit losses

 

6,713

 

8,367

Net interest income after provision for loan/lease losses

 

35,262

 

29,331

Noninterest income:

Trust department fees

 

2,801

 

2,312

Investment advisory and management fees

 

940

 

1,727

Deposit service fees

 

1,408

 

1,477

Gains on sales of residential real estate loans, net

 

1,337

 

652

Swap fee income

 

13,557

 

6,804

Earnings on bank-owned life insurance

 

471

 

329

Debit card fees

 

975

 

758

Correspondent banking fees

 

314

 

215

Other

 

1,686

 

922

Total noninterest income

 

23,489

 

15,196

Noninterest expense:

Salaries and employee benefits

 

24,847

 

18,519

Occupancy and equipment expense

 

4,108

 

4,032

Professional and data processing fees

 

3,443

 

3,369

Post-acquisition compensation, transition and integration costs

 

 

151

Disposition costs

8

517

FDIC insurance, other insurance and regulatory fees

 

1,065

 

683

Loan/lease expense

 

300

 

228

Net cost of (income from) and gains/losses on operations of other real estate

 

39

 

13

Advertising and marketing

 

627

 

682

Bank service charges

 

523

 

504

Losses on liability extinguishment

 

 

147

Correspondent banking expense

 

200

 

216

Intangibles amortization

 

508

 

549

Goodwill impairment

500

Other

 

1,560

 

1,305

Total noninterest expense

 

37,228

 

31,415

Net income before income taxes

 

21,523

 

13,112

Federal and state income tax expense

 

3,541

 

1,884

Net income

$

17,982

$

11,228

Basic earnings per common share

$

1.14

$

0.71

Diluted earnings per common share

$

1.12

$

0.70

Weighted average common shares outstanding

 

15,803,643

 

15,796,796

Weighted average common and common equivalent shares outstanding

 

16,025,548

 

16,011,456

Cash dividends declared per common share

$

0.06

$

0.06

See Notes to Consolidated Financial Statements (Unaudited)

5

Table of Contents

Part I

Item 1

QCR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

Three Months Ended March 31, 2021 and 2020

Three Months Ended March 31,

    

    

2021

    

2020

(dollars in thousands)

Net income

$

17,982

$

11,228

Other comprehensive income (loss):

Unrealized gains (losses) on securities available for sale:

Unrealized holding gains (losses) arising during the period before tax

(5,759)

 

2,481

Unrealized gains (losses) on derivatives:

Unrealized holding gains (losses) arising during the period before tax

 

3,153

 

(7,161)

Less reclassification adjustment for caplet amortization before tax

(151)

(110)

 

3,304

 

(7,051)

Other comprehensive loss, before tax

 

(2,455)

 

(4,570)

Tax benefit

 

(704)

 

(879)

Other comprehensive loss, net of tax

 

(1,751)

 

(3,691)

Comprehensive income

$

16,231

$

7,537

See Notes to Consolidated Financial Statements (Unaudited)

6

Table of Contents

Part I

Item 1

QCR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED)

Three Months Ended March 31, 2021 and 2020

Accumulated

Additional

Other

Common

Paid-In

Retained

Comprehensive

    

Stock

    

Capital

    

Earnings

    

(Loss) Income

    

Total

(dollars in thousands)

Balance December 31, 2020

$

15,806

$

275,807

$

300,804

$

1,376

$

593,793

Net income

 

 

 

17,982

 

 

17,982

Other comprehensive loss, net of tax

 

 

 

 

(1,751)

 

(1,751)

Impact of adoption of ASU 2016-13

 

 

 

(937)

 

 

(937)

Common cash dividends declared, $0.06 per share

 

 

 

(949)

 

 

(949)

Stock-based compensation expense

 

 

841

 

 

 

841

Issuance of common stock under employee benefit plans

 

38

 

(298)

 

 

 

(260)

Balance, March 31, 2021

$

15,844

$

276,350

$

316,900

$

(375)

$

608,719

Accumulated

Additional

Other

Common

Paid-In

Retained

Comprehensive

    

Stock

    

Capital

    

Earnings

    

(Loss)

    

Total

(dollars in thousands)

Balance December 31, 2019

$

15,828

$

274,785

$

245,836

$

(1,098)

$

535,351

Net income

 

 

 

11,228

 

 

11,228

Other comprehensive income, net of tax

 

 

 

 

(3,691)

 

(3,691)

Common cash dividends declared, $0.06 per share

 

 

 

(942)

 

 

(942)

Repurchase and cancellation o