QCR Holdings, Inc. (QCRH)

QCR Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	481.86	368.67	257.84	173.94	173.97
Interest Income on Investments	-	44.74	34.73	26.22	24.41
Total Interest Income	481.86	413.41	292.57	200.16	198.37
Interest Paid on Deposits	250.07	159.42	42.36	13.3	23.27
Interest Paid on Borrowings	-	32.99	19.09	8.62	8.15
Total Interest Expense	250.07	192.4	61.45	21.92	31.42
Net Interest Income	231.79	221.01	231.12	178.23	166.95
Net Interest Income Growth (YoY)	4.88%	-4.38%	29.67%	6.76%	7.32%
Trust Income	13.03	11.7	10.64	11.21	9.21
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-0.85
Gain (Loss) on Sale of Investments	-	-0.45	-	-0.09	2.48
Other Non-Interest Income	91.85	111.6	59.42	78.55	91.16
Total Non-Interest Income	115.53	132.68	80.73	100.41	112.95
Non-Interest Income Growth (YoY)	-12.93%	64.36%	-19.60%	-11.10%	49.72%
Revenues Before Loan Losses	347.32	353.69	311.85	278.64	279.9
Provision for Loan Losses	17.1	16.54	8.28	3.49	55.7
Revenue	330.22	337.15	303.57	275.16	224.2
Revenue Growth (YoY)	-2.06%	11.06%	10.32%	22.73%	0.12%
Salaries and Employee Benefits	128.19	133.94	112.93	98.56	94.12
Occupancy Expenses	25.41	24.56	21.56	15.92	16.5
Federal Deposit Insurance	7.44	7.14	5.81	4.48	4.16
Amortization of Goodwill & Intangibles	2.76	2.94	2.85	2.03	2.15
Selling, General & Administrative	30.47	30.17	28.19	24.79	23.53
Other Non-Interest Expense	11	11.6	9.48	8.71	6.13
Total Non-Interest Expense	205.26	210.32	180.78	153.07	146.29
EBT Excluding Unusual Items	124.96	126.83	122.79	122.09	77.91
Other Unusual Items	-	-	-	-	-3.91
Pretax Income	122.58	126.62	113.55	121.47	73.29
Income Tax Expense	8.73	13.06	14.48	22.56	12.71
Net Income	113.85	113.56	99.07	98.91	60.58
Net Income to Common	113.85	113.56	99.07	98.91	60.58
Net Income Growth	0.26%	14.63%	0.16%	63.26%	5.53%
Basic Shares Outstanding	17	17	17	16	16
Diluted Shares Outstanding	17	17	17	16	16
Shares Change (YoY)	0.55%	-0.14%	5.93%	-0.05%	-0.09%
EPS (Basic)	6.77	6.79	5.94	6.30	3.84
EPS (Diluted)	6.71	6.73	5.87	6.20	3.80
EPS Growth	-0.30%	14.65%	-5.32%	63.16%	5.56%
Dividend Per Share	0.240	0.240	0.240	0.240	0.240
Effective Tax Rate	7.12%	10.32%	12.75%	18.57%	17.34%

Source: S&P Capital IQ. Banks template. Financial Sources.