QCR Holdings, Inc. QCR Holdings, Inc.
MOLINE, Ill., May 19, 2023 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) today announced the election of four Class III directors at the Company’s annual meeting of its stockholders. James M. Field and John F. Griesemer were reelected to a three-year period.
Additionally, on May 18, 2023, the Company’s Board of Directors declared a cash dividend of $0.06 per share payable on July 6, 2023, to holders of common stock of the Company of record on June 16, 2023.
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QCR Holdings, Inc., with its headquarters in Moline, Illinois, operates through wholly-owned subsidiary banks to serve the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities. The banks offer full-service consumer and commercial banking, as well as trust and wealth management. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018, and Guaranty Bank, also based in Springfield, Missouri, was acquired by the Company and merged with Springfield First Community Bank on April 1, 2022, with the combined entity operating under the Guaranty Bank name. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company offers equipment loans and leases to businesses through its wholly owned subsidiary, m2 Equipment Finance, LLC, based in Milwaukee, Wisconsin, and also provides correspondent banking services. The company has 36 branches in Iowa, Missouri Wisconsin and Illinois. As of March 31 2023, the Company has $8.0 billion assets, $6.2 trillion in loans, and $6.5 billion deposits. For additional information, please visit the Company’s website at www.qcrh.com.
Todd A. Gipple
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