QCR Holdings Inc 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ______to________ Commission file number0-22208 QCR HOLDINGS,INC.(Exact name of Registrant as specified in its charter) Delaware42-1397595(State or other jurisdiction of incorporation ororganization)(I.R.S. Employer Identification No.) 3551 7thStreet,Moline,Illinois61265(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: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed bySection13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12months (or forsuch shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) duringthe preceding 12months (or for such shorter period that the registrant was required to submit suchfiles). 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 growthcompany” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standardsprovided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of theExchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer's classes of common stock as of thelatest practicable date: As of August 1, 2025, the Registrant had outstanding16,941,967shares of common stock, $1.00 par value per share. QCR HOLDINGS,INC. AND SUBSIDIARIESTABLE OF CONTENTS PartIFINANCIAL INFORMATION Item1Consolidated Financial Statements (Unaudited) Consolidated Balance SheetsAs of June 30, 2025 and December 31, 20244Consolidated Statements of IncomeFor the Three Months Ended June 30, 2025 and 20245Consolidated Statements of IncomeFor the Six Months Ended June 30, 2025 and 20246Consolidated Statements of Comprehensive IncomeFor the Three and Six Months Ended June 30, 2025 and 20247Consolidated Statements of Changes in Stockholders' EquityFor the Three and Six Months Ended June 30, 2025 and 20248Consolidated Statements of Cash FlowsFor the Six Months Ended June 30, 2025 and 20249Notes to Consolidated Financial Statements10Note 1. Summary of Significant Accounting Policies10Note 2. Investment Securities12Note 3. Loans/Leases Receivable16Note 4. Securitizations and Variable Interest Entities25Note 5. Derivatives and Hedging Activities25Note 6. Income Taxes29Note 7. Earnings Per Share30Note 8. Fair Value30Note 9. Business Segment Information33Note 10. Regulatory Capital Requirements35Note 11. Commitments36Note 12. Subsequent Events36 Item2Management's Discussion and Analysis of Financial Condition andResults of Operations Introduction37General37Critical Accounting Policies and Critical Accounting Estimates37Executive Overview37Strategic Financial Metrics39Strategic Developments40GAAP to Non-GAAP Reconciliations41Net Interest Income - (Tax Equivalent Basis)43Results of Operations47Interest Income47Interest Expense48 Table of Contents Provision for Credit Losses48Noninterest Income49Noninterest Expense52Income Taxes54Financial Condition54Investment Securities55Loans/Leases55Allowance for Credit Losses on Loans/Leases and OBSExposures57Nonperforming Assets59Deposits60Borrowings61Stockholders' Equity62Liquidity and Capital Resources63Special Note Concerning Forward-Looking Statements64Item3Quantitative and Qualitative Disclosures About Market Risk67Item4Controls and Procedures69PartIIOTHER INFORMATIONItem1Legal Proceedings70Item1ARisk Factors70Item2Unregistered Sales of Equity Securities and Use of Proceeds70Item3Defaults Upon Senior Securities70Item4Mine Safety Disclosures70Item5Other Information70Item6Exhibits71 Signatures Throughout this Quarterly Report on Form 10-Q, we use certain acronyms and abbreviations,as defined in Note1 to the Consolidated Financial Statements. QCR HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS (UNAUDITED)As of June 30, 2025 and December 31, 2024 QCR HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)Three Months Ended June 30, 2025 and 2024 QCR HOLDINGS, INC.