QCR (QCRH) 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 03, 2017
Document Information [Line Items]
Entity Registrant Name	QCR HOLDINGS INC
Entity Central Index Key	906,465
Trading Symbol	qcrh
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		13,170,214
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 56,325,969	$ 70,569,993
Federal funds sold	15,798,000	22,257,000
Interest-bearing deposits at financial institutions	157,420,706	63,948,925
Securities held to maturity, at amortized cost	306,694,063	322,909,056
Securities available for sale, at fair value	250,952,021	251,113,139
Total securities	557,646,084	574,022,195
Loans receivable held for sale	1,051,000	1,135,500
Loans/leases receivable held for investment	2,434,799,415	2,404,351,485
Gross loans/leases receivable	2,435,850,415	2,405,486,985
Less allowance for estimated losses on loans/leases	(32,059,150)	(30,757,448)
Net loans/leases receivable	2,403,791,265	2,374,729,537
Bank-owned life insurance	57,726,738	57,257,051
Premises and equipment, net	61,143,458	60,643,508
Restricted investment securities	13,689,125	14,997,025
Other real estate owned, net	5,625,363	5,523,104
Goodwill	13,110,913	13,110,913
Core deposit intangible	7,150,346	7,381,213
Other assets	31,584,651	37,503,284
Total assets	3,381,012,618	3,301,943,748
Deposits:
Noninterest-bearing	777,150,245	797,415,090
Interest-bearing	2,028,781,254	1,871,846,183
Total deposits	2,805,931,499	2,669,261,273
Short-term borrowings	19,470,096	39,971,387
Federal Home Loan Bank advances	106,550,000	137,500,000
Other borrowings	72,000,000	80,000,000
Junior subordinated debentures	33,513,509	33,480,202
Other liabilities	47,707,884	55,690,087
Total liabilities	3,085,172,988	3,015,902,949
STOCKHOLDERS' EQUITY
Preferred stock, $1 par value; shares authorized 250,000 March 2017 and December 2016 - No shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 March 2017 - 13,161,219 shares issued and outstanding December 2016 - 13,106,845 shares issued and outstanding	13,161,219	13,106,845
Additional paid-in capital	157,581,969	156,776,642
Retained earnings	127,145,292	118,616,901
Accumulated other comprehensive loss:
Securities available for sale	(1,167,142)	(1,527,433)
Interest rate cap derivatives	(881,708)	(932,156)
Total stockholders' equity	295,839,630	286,040,799
Total liabilities and stockholders' equity	$ 3,381,012,618	$ 3,301,943,748

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	250,000	250,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	13,161,219	13,106,845
Common stock, shares outstanding (in shares)	13,161,219	13,106,845

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Interest and dividend income:
Loans/leases, including fees		$ 27,211,417	$ 19,700,370
Securities:
Taxable		1,142,235	1,356,203
Nontaxable		2,647,722	2,242,015
Interest-bearing deposits at financial institutions		198,652	60,317
Restricted investment securities		130,430	130,564
Federal funds sold		14,643	12,590
Total interest and dividend income		31,345,099	23,502,059
Interest expense:
Deposits		2,232,756	1,289,798
Short-term borrowings		23,960	43,066
Federal Home Loan Bank advances		403,469	441,704
Other borrowings		683,208	825,083
Junior subordinated debentures		332,823	304,886
Total interest expense		3,676,216	2,904,537
Net interest income		27,668,883	20,597,522
Provision for loan/lease losses		(2,105,109)	(2,072,985)
Net interest income after provision for loan/lease losses		25,563,774	18,524,537
Noninterest income:
Trust department fees		1,740,207	1,575,907
Investment advisory and management fees		961,599	658,385
Deposit service fees		1,316,390	931,079
Gains on sales of residential real estate loans		96,323	60,386
Gains on sales of government guaranteed portions of loans		950,641	878,528
Swap fee income		113,520	856,958
Securities gains, net			358,480
Earnings on bank-owned life insurance		469,687	393,609
Debit card fees		702,801	307,651
Correspondent banking fees		245,189	302,130
Other		687,397	499,360
Total noninterest income		7,283,754	6,822,473
Noninterest expense:
Salaries and employee benefits		13,307,331	10,800,907
Occupancy and equipment expense		2,502,219	1,826,988
Professional and data processing fees		2,083,392	1,447,413
FDIC insurance, other insurance and regulatory fees		621,242	634,365
Loan/lease expense		293,538	162,819
Net cost of operations of other real estate		14,230	102,183
Advertising and marketing		609,431	386,259
Bank service charges		423,901	415,931
Losses on debt extinguishment, net			83,197
Correspondent banking expense		198,351	176,989
Other		1,219,482	917,447
Total noninterest expense		21,273,117	16,954,498
Net income before income taxes		11,574,411	8,392,512
Federal and state income tax expense		2,389,446	2,019,023
Net income		$ 9,184,965	$ 6,373,489
Basic earnings (loss) per common share (in dollars per share) (in dollars per share)		$ 0.70	$ 0.54
Diluted earnings (loss) per common share (in dollars per share) (in dollars per share)		$ 0.68	$ 0.53
Weighted average common shares outstanding (in shares)	[1]	13,133,382	11,793,620
Weighted average common and common equivalent shares outstanding (in shares)		13,488,417	11,953,949
Common cash dividends declared, dividends per share (in dollars per share)		$ 0.05	$ 0.04
[1]	The increase in weighted average common shares outstanding from 2014 to 2015 was primarily due to the common stock issuance discussed in Note 16 to the Consolidated Financial Statements. The increase in weighted average common shares outstanding from 2015 to 2016 was primarily due to the common stock issuance discussed in Note 2 to the Consolidated Financial Statements.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net income	$ 9,184,965	$ 6,373,489
Unrealized gains on securities available for sale:
Unrealized holding gains arising during the period before tax	598,190	4,863,718
Less reclassification adjustment for gains included in net income before tax		358,480
	598,190	4,505,238
Unrealized losses on interest rate cap derivatives:
Unrealized holding losses arising during the period before tax	(45,202)	(405,373)
Less reclassification adjustment for ineffectiveness and caplet amortization before tax	(122,813)	(14,070)
	77,611	(391,303)
Other comprehensive income, before tax	675,801	4,113,935
Tax expense	265,062	1,588,524
Other comprehensive income, net of tax	410,739	2,525,411
Comprehensive income	$ 9,595,704	$ 8,898,900

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2015	$ 11,761,083	$ 123,282,851	$ 92,965,645	$ (2,123,829)	$ 225,885,750
Net income			6,373,489		6,373,489
Other comprehensive income, net of tax				2,525,411	2,525,411
Common cash dividends declared			(470,873)		(470,873)
Proceeds from issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	5,054	94,560			99,614
Proceeds from issuance of common stock, stock options exercised	46,020	729,473			775,493
Stock compensation expense		382,761			382,761
Restricted stock awards - common stock	22,382	(22,382)
Exchange of common stock in connection with stock options exercised and restricted stock vested	(19,628)	(431,806)			(451,434)
Balance at Mar. 31, 2016	11,814,911	124,057,965	98,868,261	401,582	235,142,719
Tax benefit of nonqualified stock options exercised		22,508			22,508
Balance at Dec. 31, 2016	13,106,845	156,776,642	118,616,901	(2,459,589)	286,040,799
Net income			9,184,965		9,184,965
Other comprehensive income, net of tax				410,739	410,739
Common cash dividends declared			(656,574)		(656,574)
Proceeds from issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	3,573	83,091			86,664
Proceeds from issuance of common stock, stock options exercised	44,284	630,290			674,574
Stock compensation expense		388,753			388,753
Restricted stock awards - common stock	13,289	(13,289)
Exchange of common stock in connection with stock options exercised and restricted stock vested	(6,772)	(283,518)			(290,290)
Balance at Mar. 31, 2017	$ 13,161,219	$ 157,581,969	$ 127,145,292	$ (2,048,850)	$ 295,839,630

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Retained Earnings [Member]
Common cash dividends declared, dividends per share (in dollars per share)	$ 0.05	$ 0.04
Common Stock [Member]
Proceeds from issuance of common stock, Employee Stock Purchase Plan, shares (in shares)	3,573	5,054
Proceeds from issuance of common stock, stock options exercised, shares (in shares)	44,284	46,020
Restricted stock awards, shares (in shares)	13,289	22,382
Exchange of common stock in connection with stock options exercised and restricted stock vested, shares (in shares)	6,772	19,628
Common cash dividends declared, dividends per share (in dollars per share)	$ 0.05	$ 0.04

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 9,184,965	$ 6,373,489
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	896,952	766,069
Provision for loan/lease losses	2,105,109	2,072,985
Stock-based compensation expense	388,753	382,761
Deferred compensation expense accrued	404,723	318,796
Losses (gains) on other real estate owned, net		(7,740)
Amortization of premiums on securities, net	347,178	294,286
Securities gains, net		(358,480)
Loans originated for sale	(21,416,325)	(18,901,618)
Proceeds on sales of loans	22,547,789	19,640,997
Gains on sales of residential real estate loans	(96,323)	(60,386)
Gains on sales of government guaranteed portions of loans	(950,641)	(878,528)
Losses on debt extinguishment, net		83,197
Amortization of core deposit intangible	230,867	49,878
Accretion of acquisition fair value adjustments, net	(1,915,001)	(44,169)
Increase in cash value of bank-owned life insurance	(469,687)	(393,609)
Decrease (increase) in other assets	5,427,798	(9,295,660)
Increase (decrease) in other liabilities	(5,852,341)	5,079,831
Net cash provided by operating activities	10,833,816	5,122,099
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in federal funds sold	6,459,000	4,110,000
Net increase in interest-bearing deposits at financial institutions	(93,471,781)	(5,175,206)
Proceeds from sales of other real estate owned	34,191	494,115
Activity in securities portfolio:
Purchases	(12,138,040)	(45,070,780)
Calls, maturities and redemptions	17,385,968	47,573,001
Paydowns	8,486,628	6,428,508
Sales		55,526,851
Activity in restricted investment securities:
Purchases	(7,600)	(485,250)
Redemptions	1,315,500
Net increase in loans/leases originated and held for investment	(29,236,438)	(76,346,066)
Purchase of premises and equipment	(1,396,902)	(1,558,171)
Net cash used in investing activities	(102,569,474)	(14,502,998)
Calls and maturities	(4,000,000)	(7,000,000)
Net change in short-term and overnight advances	(26,950,000)	16,500,000
Prepayments		(10,524,197)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposit accounts	136,704,261	108,903,515
Net decrease in short-term borrowings	(20,501,291)	(80,639,905)
Activity in other borrowings:
Calls, maturities and scheduled principal payments	(8,000,000)
Prepayments		(10,759,000)
Retirement of junior subordinated debentures		(3,955,000)
Payment of cash dividends on common stock	(522,574)	(468,583)
Proceeds from issuance of common stock, net	761,238	512,584
Net cash provided by financing activities	77,491,634	12,569,414
Net increase (decrease) in cash and due from banks	(14,244,024)	3,188,515
Cash and due from banks, beginning	70,569,993	41,742,321
Cash and due from banks, ending	56,325,969	44,930,836
Supplemental disclosure of cash flow information, cash payments for:
Interest	3,747,218	2,944,839
Income/franchise taxes, net	4,842	2,464,300
Supplemental schedule of noncash investing activities:
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net	410,739	2,525,411
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised	(290,290)	(451,434)
Tax benefit of nonqualified stock options exercised		22,508
Transfers of loans to other real estate owned	136,450	16,000
Due to broker for purchases of securities		(20,104,340)
Dividends payable	656,574	470,873
Decrease (increase) in the fair market value of interest rate swap assets and liabilities	$ 303,383	$ (4,615,782)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation : The interim unaudited consolidated financial statements contained herein should be read in conjunction with the audited consolidated financial statements and accompanying notes to the consolidated financial statements for the fiscal year ended December 31, 2016, 10 March 10, 2017. The financial information of the Company included herein has been prepared in accordance with U.S. GAAP for interim financial reporting and has been prepared pursuant to the rules and regulations for reporting on Form 10 10 01 March 31, 2017, December 31, 2017, The acronyms and abbreviations identified below are used throughout this Quarterly Report on Form 10 may Allowance: Allowance for estimated losses on loans/leases FRB: Federal Reserve Bank of Chicago AOCI: Accumulated other comprehensive income (loss) GAAP: Generally Accepted Accounting Principles AFS: Available for sale HTM: Held to maturity ASC: Accounting Standards Codification m2: m2 ASC 805: MD&A: Management's Discussion & Analysis ASU: Accounting Standards Update NIM: Net interest margin BOLI: Bank-owned life insurance NPA: Nonperforming asset Caps: Interest rate cap derivatives NPL: Nonperforming loan Community National: Community National Bancorporation OREO: Other real estate owned CNB: Community National Bank OTTI: Other-than-temporary impairment CRBT: Cedar Rapids Bank & Trust Company PCI: Purchased credit impaired CRE: Commercial real estate Provision: Provision for loan/lease losses CSB: Community State Bank QCBT: Quad City Bank & Trust Company C&I: Commercial and industrial RB&T: Rockford Bank & Trust Company Dodd-Frank Act: Dodd-Frank Wall Street Reform and ROAA: Return on Average Assets Consumer Protection Act SBA: U.S. Small Business Administration EPS: Earnings per share SEC: Securities and Exchange Commission Exchange Act: Securities Exchange Act of 1934, TA: Tangible assets FASB: Financial Accounting Standards Board TCE: Tangible common equity FDIC: Federal Deposit Insurance Corporation TDRs: Troubled debt restructurings FHLB: Federal Home Loan Bank The Company: QCR Holdings, Inc. USDA: U.S. Department of Agriculture The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries which include four m2 T he acquisition of CSB occurred on August 31, 2016; March 31, 2017 December 31, 2016 March 31, 2017, March 31, 2016. Recent accounting developments : In May 2014, 2014 09, Revenue from Contracts with Customers 2014 09 2014 09 2014 09 January 1, 2017, 2015 14 2014 09 January 1, 2018 In January 2016, 2016 01, Financial Instruments – Overall 2016 01 2016 01 December 15, 2017, In February 2016, 2016 02, Leases 2016 02, 2016 02. 2016 02 December 15, 2018, In June 2016, FASB issued ASU 2016 13, Financial Instruments – Credit Losses 2016 13 December 15, 2019, may December 15, 2018, Effective January 1, 2017, 2016 09, Compensation – Stock Compensation $533 first 2017.

Note 2 - Investment Securities

Note 2 - Investment Securities	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Investment Holdings [Text Block]	NOTE 2 – INVESTMENT SECURITIES The amortized cost and fair value of investment securities as of March 31, 2017 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value March 31, 2017: Securities HTM: Municipal securities $ 305,644,063 $ 2,193,278 $ (4,690,335 ) $ 303,147,006 Other securities 1,050,000 - - 1,050,000 $ 306,694,063 $ 2,193,278 $ (4,690,335 ) $ 304,197,006 Securities AFS: U.S. govt. sponsored agency securities $ 47,720,622 $ 130,306 $ (294,847 ) $ 47,556,081 Residential mortgage-backed and related securities 149,968,905 160,174 (2,625,092 ) 147,503,987 Municipal securities 51,104,318 454,505 (426,949 ) 51,131,874 Other securities 4,056,248 760,936 (57,105 ) 4,760,079 $ 252,850,093 $ 1,505,921 $ (3,403,993 ) $ 250,952,021 December 31, 2016: Securities HTM: Municipal securities $ 321,859,056 $ 2,200,577 $ (4,694,734 ) $ 319,364,899 Other securities 1,050,000 - - 1,050,000 $ 322,909,056 $ 2,200,577 $ (4,694,734 ) $ 320,414,899 Securities AFS: U.S. govt. sponsored agency securities $ 46,281,306 $ 132,886 $ (330,585 ) $ 46,083,607 Residential mortgage-backed and related securities 150,465,222 174,993 (2,938,088 ) 147,702,127 Municipal securities 52,816,541 425,801 (637,916 ) 52,604,426 Other securities 4,046,332 703,978 (27,331 ) 4,722,979 $ 253,609,401 $ 1,437,658 $ (3,933,920 ) $ 251,113,139 The Company ’s HTM municipal securities consist largely of private issues of municipal debt. The large majority of the municipalities are located within the Midwest. The municipal debt investments are underwritten using specific guidelines with ongoing monitoring. The Company ’s residential mortgage-backed and related securities portfolio consists entirely of government sponsored or government guaranteed securities. The Company has not invested in private mortgage-backed securities or pooled trust preferred securities. Gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unre alized loss position as of March 31, 2017 December 31, 2016, Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses March 31, 2017: Securities HTM: Municipal securities $ 110,858,743 $ (3,751,123 ) $ 15,350,772 $ (939,212 ) $ 126,209,515 $ (4,690,335 ) Securities AFS: U.S. govt. sponsored agency securities $ 18,742,054 $ (230,974 ) $ 5,115,200 $ (63,873 ) $ 23,857,254 $ (294,847 ) Residential mortgage-backed and related securities 124,401,508 (2,266,050 ) 9,181,284 (359,042 ) 133,582,792 (2,625,092 ) Municipal securities 29,386,855 (408,233 ) 337,522 (18,716 ) 29,724,377 (426,949 ) Other securities 2,901,563 (57,105 ) - - 2,901,563 (57,105 ) $ 175,431,980 $ (2,962,362 ) $ 14,634,006 $ (441,631 ) $ 190,065,986 $ (3,403,993 ) December 31, 2016: Securities HTM: Municipal securities $ 122,271,533 $ (4,076,647 ) $ 13,010,803 $ (618,087 ) $ 135,282,336 $ (4,694,734 ) Securities AFS: U.S. govt. sponsored agency securities $ 21,788,139 $ (257,640 ) $ 5,499,012 $ (72,945 ) $ 27,287,151 $ (330,585 ) Residential mortgage-backed and related securities 121,506,582 (2,641,664 ) 7,437,615 (296,424 ) 128,944,197 (2,938,088 ) Municipal securities 34,152,822 (618,462 ) 338,099 (19,454 ) 34,490,921 (637,916 ) Other securities 3,177,414 (27,331 ) - - 3,177,414 (27,331 ) $ 180,624,957 $ (3,545,097 ) $ 13,274,726 $ (388,823 ) $ 193,899,683 $ (3,933,920 ) At March 31, 2017, 554 255 1.5% 255 24 twelve March 31, 2017 December 31, 2016, 1% The Company did not OTTI on any debt or equity securities for the three March 31, 2017 2016. There were no three March 31, 2017. All sales of securities for the three March 31, 2016 Three Months Ended March 31, 2016 Proceeds from sales of securities $ 55,526,851 Pre-tax gross gains from sales of securities 515,515 Pre-tax gross losses from sales of securities (157,035 ) The amortized cost and fai r value of securities as of March 31, 2017 may may Amortized Cost Fair Value Securities HTM: Due in one year or less $ 8,580,563 $ 8,580,930 Due after one year through five years 16,946,533 17,027,273 Due after five years 281,166,967 278,588,803 $ 306,694,063 $ 304,197,006 Securities AFS: Due in one year or less $ 3,228,439 $ 3,240,004 Due after one year through five years 43,980,525 44,165,961 Due after five years 51,615,976 51,281,990 $ 98,824,940 $ 98,687,955 Residential mortgage-backed and related securities 149,968,905 147,503,987 Other securities 4,056,248 4,760,079 $ 252,850,093 $ 250,952,021 Portions of the U.S. government sponsored agency securities and municipal securities contain call options, at the discretion of the issuer, to terminate the security at par and at predetermined dates prior to the stated maturity. These callable securities are summarized as follows: Amortized Cost Fair Value Securities HTM: Municipal securities $ 163,299,673 $ 161,458,045 Securities AFS: U.S. govt. sponsored agency securities 5,048,496 5,059,493 Municipal securities 39,611,651 39,404,492 $ 44,660,147 $ 44,463,985 As of March 31, 2017, 112 $99.3 123 $255.0 21 five $5.0 12 six $5.0 As of December 31, 201 6, 116 $116.5 120 $255.5 21 five $5.0 twelve six $5.0 The amortized cost and fair values of the Company ’s portfolio of general obligation bonds are summarized in the following tables by the issuer’s state: March 31, 2017: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Iowa 27 $ 32,227,250 $ 32,252,723 $ 1,194,545 North Dakota 7 22,169,480 21,572,627 3,081,804 Illinois 17 12,915,605 13,060,349 768,256 Missouri 15 8,060,239 8,097,352 539,823 Ohio 8 6,785,433 6,635,402 829,425 Other 38 17,657,322 17,700,070 465,791 Total general obligation bonds 112 $ 99,815,329 $ 99,318,523 $ 886,773 December 31, 2016: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Iowa 27 $ 32,258,612 $ 32,231,936 $ 1,193,775 Illinois 19 29,214,559 29,308,438 1,542,549 North Dakota 7 22,169,050 21,499,075 3,071,296 Missouri 14 8,291,192 8,323,245 594,518 Ohio 8 6,790,398 6,651,897 831,487 Other 41 18,481,496 18,458,044 450,196 Total general obligation bonds 116 $ 117,205,307 $ 116,472,635 $ 1,004,074 The amortized cost and fair values of the Company ’s portfolio of revenue bonds are summarized in the following tables by the issuer’s state: March 31, 2017: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Missouri 50 $ 92,894,184 $ 91,892,614 $ 1,837,852 Iowa 31 70,400,232 70,771,347 2,282,947 Indiana 22 46,469,290 45,838,852 2,083,584 Ohio 3 13,650,000 13,380,921 4,460,307 Kansas 6 13,260,612 13,243,053 2,207,176 North Dakota 4 7,992,074 7,722,774 1,930,694 Other 7 12,266,660 12,110,796 1,730,114 Total revenue bonds 123 $ 256,933,052 $ 254,960,357 $ 2,072,848 December 31, 2016: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Missouri 47 $ 90,784,441 $ 89,664,013 $ 1,907,745 Iowa 31 70,788,393 71,142,393 2,294,916 Indiana 22 47,994,737 47,582,138 2,162,824 Kansas 6 13,476,366 13,427,491 2,237,915 North Dakota 4 8,089,067 7,796,381 1,949,095 Ohio 3 13,650,000 13,405,222 4,468,407 Other 7 12,687,286 12,479,052 1,782,722 Total revenue bonds 120 $ 257,470,290 $ 255,496,690 $ 2,129,139 Both general obligation and revenue bonds are diversified across many issuers. As of March 31, 2017 December 31, 2016, not 6% 2, The Company ’s municipal securities are owned by each of the four March 31, 2017, As of March 31, 2017,

Note 3 - Loans Leases Receivabl

Note 3 - Loans Leases Receivable	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Financing Receivables [Text Block]	NOTE 3 – LOANS/LEASES RECEIVABLE The composition of the loan/lease portfolio as of March 31, 2017 December 31, 2016 As of March 31, As of December 31, 2017 2016 C&I loans $ 851,578,347 $ 827,637,263 CRE loans Owner-occupied CRE 316,902,218 332,387,621 Commercial construction, land development, and other land 171,901,708 165,149,491 Other non owner-occupied CRE 618,037,795 595,921,748 1,106,841,721 1,093,458,860 Direct financing leases * 159,368,425 165,419,360 Residential real estate loans ** 231,325,899 229,233,104 Installment and other consumer loans 78,770,847 81,665,695 2,427,885,239 2,397,414,282 Plus deferred loan/lease origination costs, net of fees 7,965,176 8,072,703 2,435,850,415 2,405,486,985 Less allowance (32,059,150 ) (30,757,448 ) $ 2,403,791,265 $ 2,374,729,537 * Direct financing leases: Net minimum lease payments to be received $ 177,088,295 $ 184,274,802 Estimated unguaranteed residual values of leased assets 1,085,154 1,085,154 Unearned lease/residual income (18,805,024 ) (19,940,596 ) 159,368,425 165,419,360 Plus deferred lease origination costs, net of fees 5,730,479 5,881,778 165,098,904 171,301,138 Less allowance (2,978,260 ) (3,111,898 ) $ 162,120,644 $ 168,189,240 * Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management’s expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no three March 31, 2017 2016. **Includes residential real estate loans h eld for sale totaling $1,051,000 $1,135,500 March 31, 2017, December 31, 2016, Changes in accretable yield for acquired loans were as follows: For the three months ended March 31, 2017 PCI Performing Loans Loans Total Balance at the beginning of the period $ (194,306 ) $ (9,115,614 ) $ (9,309,920 ) Accretion recognized 66,690 2,171,540 2,238,230 Balance at the end of the period $ (127,616 ) $ (6,944,074 ) $ (7,071,690 ) The aging of the loan/lease portfolio by classe s of loans/leases as of March 31, 2017 December 31, 2016 As of March 31, 2017 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 846,264,365 $ 108,148 $ 165,831 $ 575,066 $ 4,464,937 $ 851,578,347 CRE Owner-Occupied CRE 316,508,674 61,156 - 240 332,148 316,902,218 Commercial Construction, Land Development, and Other Land 167,552,441 - - - 4,349,267 171,901,708 Other Non Owner-Occupied CRE 616,480,649 304,500 - - 1,252,646 618,037,795 Direct Financing Leases 154,874,086 1,428,446 666,661 - 2,399,232 159,368,425 Residential Real Estate 228,282,091 1,587,945 - 255,942 1,199,921 231,325,899 Installment and Other Consumer 77,719,561 662,626 57,833 123,676 207,151 78,770,847 $ 2,407,681,867 $ 4,152,821 $ 890,325 $ 954,924 $ 14,205,302 $ 2,427,885,239 As a percentage of total loan/lease portfolio 99.17 % 0.17 % 0.04 % 0.04 % 0.59 % 100.00 % As of December 31, 2016 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 821,637,507 $ 1,455,185 $ 10,551 $ 346,234 $ 4,187,786 $ 827,637,263 CRE Owner-Occupied CRE 331,812,571 - 242,902 - 332,148 332,387,621 Commercial Construction, Land Development, and Other Land 160,760,034 35,638 - - 4,353,819 165,149,491 Other Non Owner-Occupied CRE 594,384,926 100,673 - - 1,436,149 595,921,748 Direct Financing Leases 161,452,627 730,627 574,700 215,225 2,446,181 165,419,360 Residential Real Estate 227,023,552 473,478 365,581 294,854 1,075,639 229,233,104 Installment and Other Consumer 81,199,766 204,973 63,111 110,501 87,344 81,665,695 $ 2,378,270,983 $ 3,000,574 $ 1,256,845 $ 966,814 $ 13,919,066 $ 2,397,414,282 As a percentage of total loan/lease portfolio 99.20 % 0.13 % 0.05 % 0.04 % 0.58 % 100.00 % NPLs by classes of loans/leases as of March 31, 2017 December 31, 2016 As of March 31, 2017 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases * Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 575,066 $ 4,464,937 $ 4,766,131 $ 9,806,134 45.85 % CRE Owner-Occupied CRE 240 332,148 - 332,388 1.55 % Commercial Construction, Land Development, and Other Land - 4,349,267 - 4,349,267 20.33 % Other Non Owner-Occupied CRE - 1,252,646 - 1,252,646 5.86 % Direct Financing Leases - 2,399,232 864,169 3,263,401 15.26 % Residential Real Estate 255,942 1,199,921 580,853 2,036,716 9.52 % Installment and Other Consumer 123,676 207,151 17,576 348,403 1.63 % $ 954,924 $ 14,205,302 $ 6,228,729 $ 21,388,955 100.00 % *Nonaccrual loans/leases include d $2,444,944 $278,391 $1,353,634 $759,346 $42,525 $11,048 As of December 31, 2016 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases ** Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 346,234 $ 4,187,786 $ 4,733,997 9,268,017 43.65 % CRE Owner-Occupied CRE - 332,148 - 332,148 1.56 % Commercial Construction, Land Development, and Other Land - 4,353,819 - 4,353,819 20.51 % Other Non Owner-Occupied CRE - 1,436,149 - 1,436,149 6.77 % Direct Financing Leases 215,225 2,446,181 1,008,244 3,669,650 17.28 % Residential Real Estate 294,854 1,075,639 585,541 1,956,034 9.21 % Installment and Other Consumer 110,501 87,344 18,746 216,591 1.02 % $ 966,814 $ 13,919,066 $ 6,346,528 $ 21,232,408 100.00 % ** Nonaccrual loans/leases included $2,300,479 $48,501 $1,380,047 $816,149 $43,579 $12,203 Changes in the allowance by portfolio segment for the three March 31, 2017 2016, Three Months Ended March 31, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Provisions (credits) charged to expense 593,359 966,271 505,015 43,520 (3,056 ) 2,105,109 Loans/leases charged off (218,273 ) - (658,684 ) (13,623 ) (2,046 ) (892,626 ) Recoveries on loans/leases previously charged off 33,894 6,386 20,031 3,623 25,285 89,219 Balance, ending $ 12,954,090 $ 12,643,266 $ 2,978,260 $ 2,375,864 $ 1,107,670 $ 32,059,150 Three Months Ended March 31, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 10,484,080 $ 9,375,117 $ 3,395,088 $ 1,790,150 $ 1,096,471 $ 26,140,906 Provisions charged to expense 739,831 715,450 478,245 62,656 76,803 2,072,985 Loans/leases charged off (243,566 ) - (600,938 ) (16,184 ) (7,596 ) (868,284 ) Recoveries on loans/leases previously charged off 11,634 - 14,836 - 23,365 49,835 Balance, ending $ 10,991,979 $ 10,090,567 $ 3,287,231 $ 1,836,622 $ 1,189,043 $ 27,395,442 The allowance by impairment evaluation and by portfolio segment as of March 31, 2017 December 31, 2016 As of March 31, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,751,774 $ 888,445 $ 795,840 $ 274,566 $ 37,932 $ 3,748,557 Allowance for nonimpaired loans/leases 11,202,316 11,754,821 2,182,420 2,101,298 1,069,738 28,310,593 $ 12,954,090 $ 12,643,266 $ 2,978,260 $ 2,375,864 $ 1,107,670 $ 32,059,150 Impaired loans/leases $ 9,188,454 $ 5,924,061 $ 3,082,068 $ 1,780,774 $ 224,727 $ 20,200,084 Nonimpaired loans/leases 842,389,893 1,100,917,660 156,286,357 229,545,125 78,546,120 2,407,685,155 $ 851,578,347 $ 1,106,841,721 $ 159,368,425 $ 231,325,899 $ 78,770,847 $ 2,427,885,239 Allowance as a percentage of impaired loans/leases 19.06 % 15.00 % 25.82 % 15.42 % 16.88 % 18.56 % Allowance as a percentage of nonimpaired loans/leases 1.33 % 1.07 % 1.40 % 0.92 % 1.36 % 1.18 % Total allowance as a percentage of total loans/leases 1.52 % 1.14 % 1.87 % 1.03 % 1.41 % 1.31 % As of December 31, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,771,537 $ 693,919 $ 848,919 $ 289,112 $ 39,481 $ 3,642,968 Allowance for nonimpaired loans/leases 10,773,573 10,976,690 2,262,979 2,053,232 1,048,006 27,114,480 $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Impaired loans/leases $ 8,936,451 $ 6,112,114 $ 3,256,264 $ 1,661,180 $ 106,090 $ 20,072,099 Nonimpaired loans/leases 818,700,812 1,087,346,746 162,163,096 227,571,924 81,559,605 2,377,342,183 $ 827,637,263 $ 1,093,458,860 $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 2,397,414,282 Allowance as a percentage of impaired loans/leases 19.82 % 11.35 % 26.07 % 17.40 % 37.21 % 18.15 % Allowance as a percentage of nonimpaired loans/leases 1.32 % 1.01 % 1.40 % 0.90 % 1.28 % 1.14 % Total allowance as a percentage of total loans/leases 1.52 % 1.07 % 1.88 % 1.02 % 1.33 % 1.28 % Information for impaired loans/leases is presented in the tables below. The recorded investment represents customer balances net of any partial charge-offs recognized on the loan/lease. The unpaid principal balance represents the recorded balance outstanding on the loan/lease prior to any partial charge-offs. Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three March 31, 2017 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 835,955 $ 846,392 $ - $ 927,387 $ 7,352 $ 7,352 CRE Owner-Occupied CRE - - - - - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,174,260 1,174,260 - 1,183,813 - - Direct Financing Leases 1,593,104 1,593,104 - 1,868,355 18,895 18,895 Residential Real Estate 1,147,434 1,222,215 - 1,025,656 1,161 1,161 Installment and Other Consumer 175,957 175,957 - 115,846 - - $ 4,926,710 $ 5,011,928 $ - $ 5,121,057 $ 27,408 $ 27,408 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,352,499 $ 8,356,338 $ 1,751,774 $ 8,110,658 $ 62,666 $ 62,666 CRE Owner-Occupied CRE 322,148 322,148 57,398 322,148 - - Commercial Construction, Land Development, and Other Land 4,349,267 4,349,267 823,061 4,351,542 - - Other Non Owner-Occupied CRE 78,386 78,386 7,986 39,193 - - Direct Financing Leases 1,488,964 1,488,964 795,840 1,300,811 - - Residential Real Estate 633,340 633,340 274,566 636,134 4,240 4,240 Installment and Other Consumer 48,770 48,770 37,932 49,563 112 112 $ 15,273,374 $ 15,277,213 $ 3,748,557 $ 14,810,049 $ 67,018 $ 67,018 Total Impaired Loans/Leases: C&I $ 9,188,454 $ 9,202,730 $ 1,751,774 $ 9,038,045 $ 70,018 $ 70,018 CRE Owner-Occupied CRE 322,148 322,148 57,398 322,148 - - Commercial Construction, Land Development, and Other Land 4,349,267 4,349,267 823,061 4,351,542 - - Other Non Owner-Occupied CRE 1,252,646 1,252,646 7,986 1,223,006 - - Direct Financing Leases 3,082,068 3,082,068 795,840 3,169,166 18,895 18,895 Residential Real Estate 1,780,774 1,855,555 274,566 1,661,790 5,401 5,401 Installment and Other Consumer 224,727 224,727 37,932 165,409 112 112 $ 20,200,084 $ 20,289,141 $ 3,748,557 $ 19,931,106 $ 94,426 $ 94,426 Impaired loans/leases for which no allowance has been provided have adequate collateral, based on management ’s current estimates. Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three March 31, 2016 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 286,508 $ 477,450 $ - $ 347,369 $ 1,824 $ 1,824 CRE Owner-Occupied CRE 242,887 336,661 - 244,824 - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,512,198 1,512,198 - 1,545,334 - - Direct Financing Leases 1,314,779 1,314,779 - 1,176,588 11,603 11,603 Residential Real Estate 585,186 624,387 - 585,981 1,038 1,038 Installment and Other Consumer 47,480 47,480 - 212,392 - - $ 3,989,038 $ 4,312,955 $ - $ 4,112,488 $ 14,465 $ 14,465 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 4,891,938 $ 4,895,777 $ 2,168,454 $ 4,885,096 $ - $ - CRE Owner-Occupied CRE - - - - - - Commercial Construction, Land Development, and Other Land 191,366 203,366 82,296 192,585 - - Other Non Owner-Occupied CRE - - - - - - Direct Financing Leases 938,267 938,267 483,193 800,606 - - Residential Real Estate 911,050 946,628 199,498 871,531 1,958 1,958 Installment and Other Consumer 402,120 402,120 246,413 306,279 1,500 1,500 $ 7,334,741 $ 7,386,158 $ 3,179,854 $ 7,056,097 $ 3,458 $ 3,458 Total Impaired Loans/Leases: C&I $ 5,178,446 $ 5,373,227 $ 2,168,454 $ 5,232,465 $ 1,824 $ 1,824 CRE Owner-Occupied CRE 242,887 336,661 - 244,824 - - Commercial Construction, Land Development, and Other Land 191,366 203,366 82,296 192,585 - - Other Non Owner-Occupied CRE 1,512,198 1,512,198 - 1,545,334 - - Direct Financing Leases 2,253,046 2,253,046 483,193 1,977,194 11,603 11,603 Residential Real Estate 1,496,236 1,571,015 199,498 1,457,512 2,996 2,996 Installment and Other Consumer 449,600 449,600 246,413 518,671 1,500 1,500 $ 11,323,779 $ 11,699,113 $ 3,179,854 $ 11,168,585 $ 17,923 $ 17,923 Impaired loans/leases for which no allowance has been provided have adequate collateral, based on management ’s current estimates. Loans/leases, by classes of financing receivable, considered to be impaired as of December 31, 2016 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 841,895 $ 951,600 $ - CRE Owner-Occupied CRE - 93,774 - Commercial Construction, Land Development, and Other Land - - - Other Non Owner-Occupied CRE 1,196,549 1,196,549 - Direct Financing Leases 1,690,121 1,690,121 - Residential Real Estate 853,294 892,495 - Installment and Other Consumer 55,734 55,734 - $ 4,637,593 $ 4,880,273 $ - Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,094,556 $ 8,098,395 $ 1,771,537 CRE Owner-Occupied CRE 322,148 322,148 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 239,600 239,600 58,910 Direct Financing Leases 1,566,141 1,566,143 848,919 Residential Real Estate 807,886 882,018 289,112 Installment and Other Consumer 50,356 50,356 39,481 $ 15,434,506 $ 15,512,477 $ 3,642,968 Total Impaired Loans/Leases: C&I $ 8,936,451 $ 9,049,995 $ 1,771,537 CRE Owner-Occupied CRE 322,148 415,922 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 1,436,149 1,436,149 58,910 Direct Financing Leases 3,256,262 3,256,264 848,919 Residential Real Estate 1,661,180 1,774,513 289,112 Installment and Other Consumer 106,090 106,090 39,481 $ 20,072,099 $ 20,392,750 $ 3,642,968 Impaired loans/leases for which no allowance has been provided have adequate collateral, based on management ’s current estimates. For C&I and CRE loans, the Company’s credit quality indicator consists of internally assigned risk ratings. Each commercial loan is assigned a risk rating upon origination. The risk rating is reviewed every 15 For direct financing leases, residential real estate loans, and installment and other consumer loans, the Company ’s credit quality indicator is performance determined by delinquency status. Delinquency status is updated daily by the Company’s loan system. For each class of financing receivable, the following presents the recorded investment by credit quality indicator as of March 31, 2017 December 31, 2016: As of March 31, 2017 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 816,089,950 $ 298,438,590 $ 164,958,396 $ 605,282,623 $ 1,884,769,559 96.24 % Special Mention (Rating 6) 7,820,608 8,839,425 1,780,000 4,400,764 22,840,797 1.17 % Substandard (Rating 7) 27,667,789 9,624,203 5,163,312 8,354,408 50,809,712 2.59 % Doubtful (Rating 8) - - - - - 0.00 % $ 851,578,347 $ 316,902,218 $ 171,901,708 $ 618,037,795 $ 1,958,420,068 100.00 % As of March 31, 2017 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 156,105,024 $ 229,289,183 $ 78,422,444 $ 463,816,651 98.80 % Nonperforming 3,263,401 2,036,716 348,403 5,648,520 1.20 % $ 159,368,425 $ 231,325,899 $ 78,770,847 $ 469,465,171 100.00 % As of December 31, 2016 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 796,568,451 $ 314,447,662 $ 158,108,465 $ 582,854,048 $ 1,851,978,626 96.40 % Special Mention (Rating 6) 6,305,772 7,559,380 1,780,000 4,437,122 20,082,274 1.05 % Substandard (Rating 7) 24,763,040 10,380,369 5,261,026 8,630,578 49,035,013 2.55 % Doubtful (Rating 8) - 210 - - 210 0.00 % $ 827,637,263 $ 332,387,621 $ 165,149,491 $ 595,921,748 $ 1,921,096,123 100.00 % As of December 31, 2016 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 161,749,710 $ 227,277,070 $ 81,449,104 $ 470,475,884 98.77 % Nonperforming 3,669,650 1,956,034 216,591 5,842,275 1.23 % $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 476,318,159 100.00 % *Performing = loans/leases accruing and less than 90 = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 As of March 31, 2017 December 31, 2016, $8,673,673 $8,647,007, For each class of financing receivable, the following presents the number and recorded investment of TDRs, by type of concession, that were restructured during the three March 31, 2017 2016. For the three months ended March 31, 2017 For the three months ended March 31, 2016 Classes of Loans/Leases Number of Loans / Leases Pre- Modification Recorded Investment Post- Modification Recorded Investment Specific Allowance Number of Loans / Leases Pre- Modification Recorded Investment Post- Modification Recorded Investment Specific Allowance CONCESSION - Extension of Maturity Direct Financing Leases 1 $ 6,263 $ 6,263 $ - 4 $ 410,653 $ 410,653 $ - 1 $ 6,263 $ 6,263 $ - 4 $ 410,653 $ 410,653 $ - CONCESSION - Significant Payment Delay C&I 2 $ 133,689 $ 133,689 $ - - $ - $ - $ - Direct Financing Leases 8 669,861 669,861 - 1 45,939 45,939 - 10 $ 803,550 $ 803,550 $ - 1 $ 45,939 $ 45,939 $ - TOTAL 11 $ 809,813 $ 809,813 $ - 5 $ 456,592 $ 456,592 $ - Of the TDRs reported above, none March 31, 2017. For the three March 31, 2017, two 12 90 two fourth 2016 $195 For the three March 31, 2016 , none 12

Note 4 - Earnings Per Share

Note 4 - Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 4 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis: Three months ended March 31, 2017 2016 Net income $ 9,184,965 $ 6,373,489 Basic EPS $ 0.70 $ 0.54 Diluted EPS $ 0.68 $ 0.53 Weighted average common shares outstanding 13,133,382 11,793,620 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 355,035 160,329 Weighted average common and common equivalent shares outstanding 13,488,417 11,953,949 The increase in weighted average common shares outstanding from March 31, 2016 March 31, 2017 2 of the Company’s Annual Report on Form 10 December 31, 2016.

Note 5 - Fair Value

Note 5 - Fair Value	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 5 Accounting guidance on fair value measurement uses a hierarchy intended to maximize the use of observable inputs and minimize the use of unobservable inputs. This hierarchy includes three three ● Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in markets; ● Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and ● Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Assets and liabilities measured at fair value on a recurring basis comprise the following at March 31, 2017 December 31, 2016: Fair Value Measurements at Reporting Date Using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) March 31, 2017: Securities AFS: U.S. govt. sponsored agency securities $ 47,556,081 $ - $ 47,556,081 $ - Residential mortgage-backed and related securities 147,503,987 - 147,503,987 - Municipal securities 51,131,874 - 51,131,874 - Other securities 4,760,079 1,345 4,758,734 - Interest rate caps 531,325 - 531,325 - Interest rate swaps - assets 2,034,898 - 2,034,898 - Total assets measured at fair value $ 253,518,244 $ 1,345 $ 253,516,899 $ - Interest rate swaps - liabilities $ 2,034,898 $ - $ 2,034,898 $ - Total liabilities measured at fair value $ 2,034,898 $ - $ 2,034,898 $ - December 31, 2016 : Securities AFS: U.S. govt. sponsored agency securities $ 46,083,607 $ - $ 46,083,607 $ - Residential mortgage-backed and related securities 147,702,127 - 147,702,127 - Municipal securities 52,604,426 - 52,604,426 - Other securities 4,722,979 1,361 4,721,618 - Interest rate caps 576,527 - 576,527 - Interest rate swaps - assets 2,338,281 - 2,338,281 - Total assets measured at fair value $ 254,027,947 $ 1,361 $ 254,026,586 $ - Interest rate swaps - liabilities $ 2,338,281 $ - $ 2,338,281 $ - Total liabilities measured at fair value $ 2,338,281 $ - $ 2,338,281 $ - There were no transfers of assets or liabilities between Levels 1, 2, 3 three March 31, 2017 2016. A small portion of the securities available for sale portfolio consists of common stock issued by various unrelated bank holding companies. The fair values used by the Company are obtained from an independent pricing service and represent quoted market prices for the identical securities (Level 1 The remainder of the securities available for sale portfolio consists of securities whereby the Company obtains fair values from an independent pricing service. The fair values are determined by pricing models that consider observable market data, such as interest rate volatilities, LIBOR yield curve, credit spreads and prices from market makers and live trading systems (Level 2 I nterest rate caps are used for the purpose of hedging interest rate risk. The fair values are determined by pricing models that consider observable market data for derivative instruments with similar structures (Level 2 Interest rate swaps are executed for select commercial customers. The interest rate swaps are further described in Note 1 ’s annual report filed on form 10 December 31, 2016. 2 Certain financial assets are measured at fair value on a non-recurring basis; that is, the assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). Assets measured at fair value on a non-recurring basis comprise the following at March 31, 2017 December 31, 2016: Fair Value Measurements at Reporting Date Using Fair Value Level 1 Level 2 Level 3 March 31, 2017: Impaired loans/leases $ 12,581,982 $ - $ - $ 12,581,982 OREO 6,075,392 - - 6,075,392 $ 18,657,374 $ - $ - $ 18,657,374 December 31, 2016: Impaired loans/leases $ 12,823,121 $ - $ - $ 12,823,121 OREO 5,964,952 - - 5,964,952 $ 18,788,073 $ - $ - $ 18,788,073 Impaired loans/leases are evaluated and valued at the time the loan/lease is id entified as impaired, at the lower of cost or fair value, and are classified as Level 3 may OREO in the table above consists of property acquired through foreclosures and settlements of loans. Property acquired is carried at the estimated fair value of the property, less disposal costs, and is classified as Level 3 The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 Quantitative Information about Level Fair Value Measurements Fair Value March 31, 2017 Fair Value December 31, 2016 Valuation Technique Unobservable Input Range Impaired loans/leases $ 12,581,982 $ 12,823,121 Appraisal of collateral Appraisal adjustments -10.00% to -50.00% OREO 6,075,392 5,964,952 Appraisal of collateral Appraisal adjustments 0.00% to -35.00% For the impaired loans/leases and OREO, the Company records carrying value at fair value less disposal or selling costs. The amounts reported in the tables above are fair values before the adjustment for disposal or selling costs. There have been no changes in valuation techniques used for any assets measured at fair value during the three March 31, 2017 2016. The following table presents the carrying values and estimated fair values of financial assets and liabilities carried on the Company ’s consolidated balance sheets, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis: Fair Value As of March 31, 2017 As of December 31, 2016 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value Cash and due from banks Level 1 $ 56,325,969 $ 56,325,969 $ 70,569,993 $ 70,569,993 Federal funds sold Level 2 15,798,000 15,798,000 22,257,000 22,257,000 Interest-bearing deposits at financial institutions Level 2 157,420,706 157,420,706 63,948,925 63,948,925 Investment securities: HTM Level 2 306,694,063 304,197,006 322,909,056 320,414,899 AFS See Previous Table 250,952,021 250,952,021 251,113,139 251,113,139 Loans/leases receivable, net Level 3 11,649,983 12,581,982 11,873,260 12,823,121 Loans/leases receivable, net Level 2 2,392,141,282 2,368,029,017 2,362,856,277 2,344,462,740 Interest rate caps Level 2 531,325 531,325 576,527 576,527 Interest rate swaps - assets Level 2 2,034,898 2,034,898 2,338,281 2,338,281 Deposits: Nonmaturity deposits Level 2 2,288,265,733 2,288,265,733 2,188,683,349 2,188,683,349 Time deposits Level 2 517,665,766 519,873,000 480,577,924 479,605,000 Short-term borrowings Level 2 19,470,096 19,470,096 39,971,387 39,971,387 FHLB advances Level 2 106,550,000 107,283,000 137,500,000 138,338,000 Other borrowings Level 2 72,000,000 73,108,000 80,000,000 81,282,000 Junior subordinated debentures Level 2 33,513,509 25,075,065 33,480,202 24,881,494 Interest rate swaps - liabilities Level 2 2,034,898 2,034,898 2,338,281 2,338,281

Note 6 - Business Segment Infor

Note 6 - Business Segment Information	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 6 Selected financial and descriptive information is required to be disclosed for reportable operating segments, applying a “management perspective” as the basis for identifying reportable segments. The management perspective is determined by the view that management takes of the segments within the Company when making operating decisions, allocating resources, and measuring performance. The segments of the Company have been defined by the structure of the Company’s internal organization, focusing on the financial information that the Company’s operating decision-makers routinely use to make decisions about operating matters. The Company ’s primary segment, Commercial Banking, is geographically divided by markets into the secondary four secondary The Company ’s Wealth Management segment represents the trust and asset management and investment management and advisory services offered at the Company’s four The Company ’s All Other segment includes the operations of all other consolidated subsidiaries and/or defined operating segments that fall below the segment reporting thresholds. This segment includes the corporate operations of the parent company. Selected financial information on the Company ’s business segments is presented as follows as of and for the three March 31, 2017 2016. Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB RB&T Management All Other Eliminations Total Three Months Ended March 31, 2017 Total revenue $ 13,535,941 $ 10,386,545 $ 8,131,706 $ 3,947,799 $ 2,701,806 $ 9,876,143 $ (9,951,087 ) $ 38,628,853 Net interest income $ 11,301,482 $ 6,974,047 $ 7,026,508 $ 2,968,074 $ - $ (601,228 ) $ - $ 27,668,883 Provision for loan/lease losses $ 931,109 $ 250,000 $ 774,000 $ 150,000 $ - $ - $ - $ 2,105,109 Net income $ 3,655,006 $ 2,892,560 $ 1,895,134 $ 844,569 $ 561,062 $ 9,184,968 $ (9,848,334 ) $ 9,184,965 Goodwill $ 3,222,688 $ - $ 9,888,225 $ - $ - $ - $ - $ 13,110,913 Core deposit intangible $ - $ 1,222,019 $ 5,928,327 $ - $ - $ - $ - $ 7,150,346 Total assets $ 1,442,952,197 $ 929,111,309 $ 608,431,003 $ 398,454,864 $ - $ 377,316,912 $ (375,253,667 ) $ 3,381,012,618 Three Months Ended March 31, 2016 Total revenue $ 13,516,932 $ 10,839,221 $ - $ 3,794,247 $ 2,234,292 $ 6,859,775 $ (6,919,935 ) $ 30,324,532 Net interest income $ 10,961,447 $ 7,024,988 $ - $ 2,911,974 $ - $ (300,887 ) $ - $ 20,597,522 Provision for loan/lease losses $ 1,222,985 $ 550,000 $ - $ 300,000 $ - $ - $ - $ 2,072,985 Net income $ 2,831,696 $ 2,934,731 $ - $ 617,785 $ 447,770 $ 6,373,488 $ (6,831,981 ) $ 6,373,489 Goodwill $ 3,222,688 $ - $ - $ - $ - $ - $ - $ 3,222,688 Core deposit intangible $ - $ 1,421,531 $ - $ - $ - $ - $ - $ 1,421,531 Total assets $ 1,361,607,041 $ 885,858,279 $ - $ 367,031,670 $ - $ 288,814,613 $ (262,638,349 ) $ 2,640,673,254

Note 7 - Regulatory Capital Req

Note 7 - Regulatory Capital Requirements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	NOTE 7 The Company (on a consolidated basis) and the subsidiary banks are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company and subsidiary banks ’ financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the subsidiary banks must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and the subsidiary banks to maintain minimum amounts and ratios (set forth in the following table) of total common equity Tier 1 1 1 March 31, 2017 December 31, 2016, Under the regulatory framework for prompt corrective action, to be categorized as “well capitalized,” an institution must maintain minimum total risk-based, Tier 1 1 1 ’ actual capital amounts and ratios as of March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016, For Capital To Be Well Adequacy Purposes Capitalized Under With Capital Prompt Corrective Actual Conservation Buffer* Action Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2017: Company: Total risk-based capital $ 336,993 11.90 % $ 262,053 > 9.25 % $ 283,300 > 10.0 % Tier 1 risk-based capital 304,594 10.75 % 205,393 > 7.25 226,640 > 8.0 Tier 1 leverage 304,594 9.37 % 129,996 > 4.00 162,495 > 5.0 Common equity Tier 1 273,076 9.64 % 162,898 > 5.75 184,145 > 6.5 Quad City Bank & Trust: Total risk-based capital $ 145,432 12.61 % $ 106,664 > 9.25 % $ 115,312 > 10.0 % Tier 1 risk-based capital 131,860 11.44 % 83,601 > 7.25 92,250 > 8.0 Tier 1 leverage 131,860 9.25 % 57,045 > 4.00 71,306 > 5.0 Common equity Tier 1 131,860 11.44 % 66,304 > 5.75 74,953 > 6.5 Cedar Rapids Bank & Trust: Total risk-based capital $ 107,776 12.79 % $ 77,956 > 9.25 % $ 84,277 > 10.0 % Tier 1 risk-based capital 97,230 11.54 % 61,101 > 7.25 67,421 > 8.0 Tier 1 leverage 97,230 10.74 % 36,206 > 4.00 45,257 > 5.0 Common equity Tier 1 97,230 11.54 % 48,459 > 5.75 54,780 > 6.5 Community State Bank: Total risk-based capital $ 66,300 13.50 % $ 45,426 > 9.25 % $ 49,109 > 10.0 % Tier 1 risk-based capital 64,052 13.04 % 35,604 > 7.25 39,287 > 8.0 Tier 1 leverage 64,052 10.99 % 23,317 > 4.00 29,146 > 5.0 Common equity Tier 1 64,052 13.04 % 28,238 > 5.75 31,921 > 6.5 Rockford Bank & Trust: Total risk-based capital $ 42,916 12.31 % $ 32,256 > 9.25 % $ 34,871 > 10.0 % Tier 1 risk-based capital 38,548 11.05 % 25,282 > 7.25 27,897 > 8.0 Tier 1 leverage 38,548 9.82 % 15,707 > 4.00 19,634 > 5.0 Common equity Tier 1 38,548 11.05 % 20,051 > 5.75 22,666 > 6.5 For Capital To Be Well Adequacy Purposes C apitalized Under With Capital Prompt Corrective Actual Conservation Buffer* Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2016: Company: Total risk-based capital $ 327,440 11.56 % $ 244,289 > 8.625 % $ 283,233 > 10.0 % Tier 1 risk-based capital 296,366 10.46 % 187,642 > 6.625 226,587 > 8.0 Tier 1 leverage 296,366 9.10 % 130,229 > 4.000 162,787 > 5.0 Common equity Tier 1 266,419 9.41 % 145,157 > 5.125 184,102 > 6.5 Quad City Bank & Trust: Total risk-based capital $ 142,990 12.27 % $ 100,494 > 8.625 % $ 116,515 > 10.0 % Tier 1 risk-based capital 129,524 11.12 % 77,191 > 6.625 93,212 > 8.0 Tier 1 leverage 129,524 9.18 % 56,445 > 4.000 70,556 > 5.0 Common equity Tier 1 129,524 11.12 % 59,714 > 5.125 75,735 > 6.5 Cedar Rapids Bank & Trust: Total risk-based capital $ 106,791 12.82 % $ 71,828 > 8.625 % $ 83,279 > 10.0 % Tier 1 risk-based capital 96,369 11.57 % 55,173 > 6.625 66,623 > 8.0 Tier 1 leverage 96,369 10.69 % 36,061 > 4.000 45,076 > 5.0 Common equity Tier 1 96,369 11.57 % 42,681 > 5.125 54,132 > 6.5 Community State Bank: Total risk-based capital $ 68,216 13.81 % $ 42,609 > 8.625 % $ 49,402 > 10.0 % Tier 1 risk-based capital 66,746 13.51 % 32,729 > 6.625 39,522 > 8.0 Tier 1 leverage 66,746 11.75 % 22,726 > 4.000 28,408 > 5.0 Common equity Tier 1 66,746 13.51 % 25,319 > 5.125 32,111 > 6.5 Rockford Bank & Trust: Total risk-based capital $ 42,007 12.26 % $ 29,551 > 8.625 % $ 34,262 > 10.0 % Tier 1 risk-based capital 37,716 11.01 % 22,699 > 6.625 27,410 > 8.0 Tier 1 leverage 37,716 9.57 % 15,772 > 4.000 19,716 > 5.0 Common equity Tier 1 37,716 11.01 % 17,559 > 5.125 22,270 > 6.5 *The minimums under Basel III increase by .625% 2019. 10.5% 8.5% 1 7.0% 1).

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Basis of presentation : The interim unaudited consolidated financial statements contained herein should be read in conjunction with the audited consolidated financial statements and accompanying notes to the consolidated financial statements for the fiscal year ended December 31, 2016, 10 March 10, 2017. The financial information of the Company included herein has been prepared in accordance with U.S. GAAP for interim financial reporting and has been prepared pursuant to the rules and regulations for reporting on Form 10 10 01 March 31, 2017, December 31, 2017, The acronyms and abbreviations identified below are used throughout this Quarterly Report on Form 10 may Allowance: Allowance for estimated losses on loans/leases FRB: Federal Reserve Bank of Chicago AOCI: Accumulated other comprehensive income (loss) GAAP: Generally Accepted Accounting Principles AFS: Available for sale HTM: Held to maturity ASC: Accounting Standards Codification m2: m2 ASC 805: MD&A: Management's Discussion & Analysis ASU: Accounting Standards Update NIM: Net interest margin BOLI: Bank-owned life insurance NPA: Nonperforming asset Caps: Interest rate cap derivatives NPL: Nonperforming loan Community National: Community National Bancorporation OREO: Other real estate owned CNB: Community National Bank OTTI: Other-than-temporary impairment CRBT: Cedar Rapids Bank & Trust Company PCI: Purchased credit impaired CRE: Commercial real estate Provision: Provision for loan/lease losses CSB: Community State Bank QCBT: Quad City Bank & Trust Company C&I: Commercial and industrial RB&T: Rockford Bank & Trust Company Dodd-Frank Act: Dodd-Frank Wall Street Reform and ROAA: Return on Average Assets Consumer Protection Act SBA: U.S. Small Business Administration EPS: Earnings per share SEC: Securities and Exchange Commission Exchange Act: Securities Exchange Act of 1934, TA: Tangible assets FASB: Financial Accounting Standards Board TCE: Tangible common equity FDIC: Federal Deposit Insurance Corporation TDRs: Troubled debt restructurings FHLB: Federal Home Loan Bank The Company: QCR Holdings, Inc. USDA: U.S. Department of Agriculture The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries which include four m2 T he acquisition of CSB occurred on August 31, 2016; March 31, 2017 December 31, 2016 March 31, 2017, March 31, 2016.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent accounting developments : In May 2014, 2014 09, Revenue from Contracts with Customers 2014 09 2014 09 2014 09 January 1, 2017, 2015 14 2014 09 January 1, 2018 In January 2016, 2016 01, Financial Instruments – Overall 2016 01 2016 01 December 15, 2017, In February 2016, 2016 02, Leases 2016 02, 2016 02. 2016 02 December 15, 2018, In June 2016, FASB issued ASU 2016 13, Financial Instruments – Credit Losses 2016 13 December 15, 2019, may December 15, 2018, Effective January 1, 2017, 2016 09, Compensation – Stock Compensation $533 first 2017.

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Unrealized Gain (Loss) on Investments [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value March 31, 2017: Securities HTM: Municipal securities $ 305,644,063 $ 2,193,278 $ (4,690,335 ) $ 303,147,006 Other securities 1,050,000 - - 1,050,000 $ 306,694,063 $ 2,193,278 $ (4,690,335 ) $ 304,197,006 Securities AFS: U.S. govt. sponsored agency securities $ 47,720,622 $ 130,306 $ (294,847 ) $ 47,556,081 Residential mortgage-backed and related securities 149,968,905 160,174 (2,625,092 ) 147,503,987 Municipal securities 51,104,318 454,505 (426,949 ) 51,131,874 Other securities 4,056,248 760,936 (57,105 ) 4,760,079 $ 252,850,093 $ 1,505,921 $ (3,403,993 ) $ 250,952,021 December 31, 2016: Securities HTM: Municipal securities $ 321,859,056 $ 2,200,577 $ (4,694,734 ) $ 319,364,899 Other securities 1,050,000 - - 1,050,000 $ 322,909,056 $ 2,200,577 $ (4,694,734 ) $ 320,414,899 Securities AFS: U.S. govt. sponsored agency securities $ 46,281,306 $ 132,886 $ (330,585 ) $ 46,083,607 Residential mortgage-backed and related securities 150,465,222 174,993 (2,938,088 ) 147,702,127 Municipal securities 52,816,541 425,801 (637,916 ) 52,604,426 Other securities 4,046,332 703,978 (27,331 ) 4,722,979 $ 253,609,401 $ 1,437,658 $ (3,933,920 ) $ 251,113,139
Schedule of Unrealized Loss on Investments [Table Text Block]	Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses March 31, 2017: Securities HTM: Municipal securities $ 110,858,743 $ (3,751,123 ) $ 15,350,772 $ (939,212 ) $ 126,209,515 $ (4,690,335 ) Securities AFS: U.S. govt. sponsored agency securities $ 18,742,054 $ (230,974 ) $ 5,115,200 $ (63,873 ) $ 23,857,254 $ (294,847 ) Residential mortgage-backed and related securities 124,401,508 (2,266,050 ) 9,181,284 (359,042 ) 133,582,792 (2,625,092 ) Municipal securities 29,386,855 (408,233 ) 337,522 (18,716 ) 29,724,377 (426,949 ) Other securities 2,901,563 (57,105 ) - - 2,901,563 (57,105 ) $ 175,431,980 $ (2,962,362 ) $ 14,634,006 $ (441,631 ) $ 190,065,986 $ (3,403,993 ) December 31, 2016: Securities HTM: Municipal securities $ 122,271,533 $ (4,076,647 ) $ 13,010,803 $ (618,087 ) $ 135,282,336 $ (4,694,734 ) Securities AFS: U.S. govt. sponsored agency securities $ 21,788,139 $ (257,640 ) $ 5,499,012 $ (72,945 ) $ 27,287,151 $ (330,585 ) Residential mortgage-backed and related securities 121,506,582 (2,641,664 ) 7,437,615 (296,424 ) 128,944,197 (2,938,088 ) Municipal securities 34,152,822 (618,462 ) 338,099 (19,454 ) 34,490,921 (637,916 ) Other securities 3,177,414 (27,331 ) - - 3,177,414 (27,331 ) $ 180,624,957 $ (3,545,097 ) $ 13,274,726 $ (388,823 ) $ 193,899,683 $ (3,933,920 )
Realized Gain (Loss) on Investments [Table Text Block]	Three Months Ended March 31, 2016 Proceeds from sales of securities $ 55,526,851 Pre-tax gross gains from sales of securities 515,515 Pre-tax gross losses from sales of securities (157,035 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Cost Fair Value Securities HTM: Due in one year or less $ 8,580,563 $ 8,580,930 Due after one year through five years 16,946,533 17,027,273 Due after five years 281,166,967 278,588,803 $ 306,694,063 $ 304,197,006 Securities AFS: Due in one year or less $ 3,228,439 $ 3,240,004 Due after one year through five years 43,980,525 44,165,961 Due after five years 51,615,976 51,281,990 $ 98,824,940 $ 98,687,955 Residential mortgage-backed and related securities 149,968,905 147,503,987 Other securities 4,056,248 4,760,079 $ 252,850,093 $ 250,952,021 Amortized Cost Fair Value Securities HTM: Municipal securities $ 163,299,673 $ 161,458,045 Securities AFS: U.S. govt. sponsored agency securities 5,048,496 5,059,493 Municipal securities 39,611,651 39,404,492 $ 44,660,147 $ 44,463,985
Schedule of Investment in Bond Securities [Table Text Block]	March 31, 2017: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Iowa 27 $ 32,227,250 $ 32,252,723 $ 1,194,545 North Dakota 7 22,169,480 21,572,627 3,081,804 Illinois 17 12,915,605 13,060,349 768,256 Missouri 15 8,060,239 8,097,352 539,823 Ohio 8 6,785,433 6,635,402 829,425 Other 38 17,657,322 17,700,070 465,791 Total general obligation bonds 112 $ 99,815,329 $ 99,318,523 $ 886,773 December 31, 2016: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Iowa 27 $ 32,258,612 $ 32,231,936 $ 1,193,775 Illinois 19 29,214,559 29,308,438 1,542,549 North Dakota 7 22,169,050 21,499,075 3,071,296 Missouri 14 8,291,192 8,323,245 594,518 Ohio 8 6,790,398 6,651,897 831,487 Other 41 18,481,496 18,458,044 450,196 Total general obligation bonds 116 $ 117,205,307 $ 116,472,635 $ 1,004,074 March 31, 2017: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Missouri 50 $ 92,894,184 $ 91,892,614 $ 1,837,852 Iowa 31 70,400,232 70,771,347 2,282,947 Indiana 22 46,469,290 45,838,852 2,083,584 Ohio 3 13,650,000 13,380,921 4,460,307 Kansas 6 13,260,612 13,243,053 2,207,176 North Dakota 4 7,992,074 7,722,774 1,930,694 Other 7 12,266,660 12,110,796 1,730,114 Total revenue bonds 123 $ 256,933,052 $ 254,960,357 $ 2,072,848 December 31, 2016: U.S. State: Number of Issuers Amortized Cost Fair Value Average Exposure Per Issuer (Fair Value) Missouri 47 $ 90,784,441 $ 89,664,013 $ 1,907,745 Iowa 31 70,788,393 71,142,393 2,294,916 Indiana 22 47,994,737 47,582,138 2,162,824 Kansas 6 13,476,366 13,427,491 2,237,915 North Dakota 4 8,089,067 7,796,381 1,949,095 Ohio 3 13,650,000 13,405,222 4,468,407 Other 7 12,687,286 12,479,052 1,782,722 Total revenue bonds 120 $ 257,470,290 $ 255,496,690 $ 2,129,139

Note 3 - Loans Leases Receiva18

Note 3 - Loans Leases Receivable (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	As of March 31, As of December 31, 2017 2016 C&I loans $ 851,578,347 $ 827,637,263 CRE loans Owner-occupied CRE 316,902,218 332,387,621 Commercial construction, land development, and other land 171,901,708 165,149,491 Other non owner-occupied CRE 618,037,795 595,921,748 1,106,841,721 1,093,458,860 Direct financing leases * 159,368,425 165,419,360 Residential real estate loans ** 231,325,899 229,233,104 Installment and other consumer loans 78,770,847 81,665,695 2,427,885,239 2,397,414,282 Plus deferred loan/lease origination costs, net of fees 7,965,176 8,072,703 2,435,850,415 2,405,486,985 Less allowance (32,059,150 ) (30,757,448 ) $ 2,403,791,265 $ 2,374,729,537 * Direct financing leases: Net minimum lease payments to be received $ 177,088,295 $ 184,274,802 Estimated unguaranteed residual values of leased assets 1,085,154 1,085,154 Unearned lease/residual income (18,805,024 ) (19,940,596 ) 159,368,425 165,419,360 Plus deferred lease origination costs, net of fees 5,730,479 5,881,778 165,098,904 171,301,138 Less allowance (2,978,260 ) (3,111,898 ) $ 162,120,644 $ 168,189,240
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Table Text Block]	For the three months ended March 31, 2017 PCI Performing Loans Loans Total Balance at the beginning of the period $ (194,306 ) $ (9,115,614 ) $ (9,309,920 ) Accretion recognized 66,690 2,171,540 2,238,230 Balance at the end of the period $ (127,616 ) $ (6,944,074 ) $ (7,071,690 )
Past Due Financing Receivables [Table Text Block]	As of March 31, 2017 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 846,264,365 $ 108,148 $ 165,831 $ 575,066 $ 4,464,937 $ 851,578,347 CRE Owner-Occupied CRE 316,508,674 61,156 - 240 332,148 316,902,218 Commercial Construction, Land Development, and Other Land 167,552,441 - - - 4,349,267 171,901,708 Other Non Owner-Occupied CRE 616,480,649 304,500 - - 1,252,646 618,037,795 Direct Financing Leases 154,874,086 1,428,446 666,661 - 2,399,232 159,368,425 Residential Real Estate 228,282,091 1,587,945 - 255,942 1,199,921 231,325,899 Installment and Other Consumer 77,719,561 662,626 57,833 123,676 207,151 78,770,847 $ 2,407,681,867 $ 4,152,821 $ 890,325 $ 954,924 $ 14,205,302 $ 2,427,885,239 As a percentage of total loan/lease portfolio 99.17 % 0.17 % 0.04 % 0.04 % 0.59 % 100.00 % As of December 31, 2016 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 821,637,507 $ 1,455,185 $ 10,551 $ 346,234 $ 4,187,786 $ 827,637,263 CRE Owner-Occupied CRE 331,812,571 - 242,902 - 332,148 332,387,621 Commercial Construction, Land Development, and Other Land 160,760,034 35,638 - - 4,353,819 165,149,491 Other Non Owner-Occupied CRE 594,384,926 100,673 - - 1,436,149 595,921,748 Direct Financing Leases 161,452,627 730,627 574,700 215,225 2,446,181 165,419,360 Residential Real Estate 227,023,552 473,478 365,581 294,854 1,075,639 229,233,104 Installment and Other Consumer 81,199,766 204,973 63,111 110,501 87,344 81,665,695 $ 2,378,270,983 $ 3,000,574 $ 1,256,845 $ 966,814 $ 13,919,066 $ 2,397,414,282 As a percentage of total loan/lease portfolio 99.20 % 0.13 % 0.05 % 0.04 % 0.58 % 100.00 %
Schedule of Nonperforming Loans Leases [Table Text Block]	As of March 31, 2017 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases * Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 575,066 $ 4,464,937 $ 4,766,131 $ 9,806,134 45.85 % CRE Owner-Occupied CRE 240 332,148 - 332,388 1.55 % Commercial Construction, Land Development, and Other Land - 4,349,267 - 4,349,267 20.33 % Other Non Owner-Occupied CRE - 1,252,646 - 1,252,646 5.86 % Direct Financing Leases - 2,399,232 864,169 3,263,401 15.26 % Residential Real Estate 255,942 1,199,921 580,853 2,036,716 9.52 % Installment and Other Consumer 123,676 207,151 17,576 348,403 1.63 % $ 954,924 $ 14,205,302 $ 6,228,729 $ 21,388,955 100.00 % As of December 31, 2016 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases ** Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 346,234 $ 4,187,786 $ 4,733,997 9,268,017 43.65 % CRE Owner-Occupied CRE - 332,148 - 332,148 1.56 % Commercial Construction, Land Development, and Other Land - 4,353,819 - 4,353,819 20.51 % Other Non Owner-Occupied CRE - 1,436,149 - 1,436,149 6.77 % Direct Financing Leases 215,225 2,446,181 1,008,244 3,669,650 17.28 % Residential Real Estate 294,854 1,075,639 585,541 1,956,034 9.21 % Installment and Other Consumer 110,501 87,344 18,746 216,591 1.02 % $ 966,814 $ 13,919,066 $ 6,346,528 $ 21,232,408 100.00 %
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Three Months Ended March 31, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Provisions (credits) charged to expense 593,359 966,271 505,015 43,520 (3,056 ) 2,105,109 Loans/leases charged off (218,273 ) - (658,684 ) (13,623 ) (2,046 ) (892,626 ) Recoveries on loans/leases previously charged off 33,894 6,386 20,031 3,623 25,285 89,219 Balance, ending $ 12,954,090 $ 12,643,266 $ 2,978,260 $ 2,375,864 $ 1,107,670 $ 32,059,150 Three Months Ended March 31, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 10,484,080 $ 9,375,117 $ 3,395,088 $ 1,790,150 $ 1,096,471 $ 26,140,906 Provisions charged to expense 739,831 715,450 478,245 62,656 76,803 2,072,985 Loans/leases charged off (243,566 ) - (600,938 ) (16,184 ) (7,596 ) (868,284 ) Recoveries on loans/leases previously charged off 11,634 - 14,836 - 23,365 49,835 Balance, ending $ 10,991,979 $ 10,090,567 $ 3,287,231 $ 1,836,622 $ 1,189,043 $ 27,395,442 As of March 31, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,751,774 $ 888,445 $ 795,840 $ 274,566 $ 37,932 $ 3,748,557 Allowance for nonimpaired loans/leases 11,202,316 11,754,821 2,182,420 2,101,298 1,069,738 28,310,593 $ 12,954,090 $ 12,643,266 $ 2,978,260 $ 2,375,864 $ 1,107,670 $ 32,059,150 Impaired loans/leases $ 9,188,454 $ 5,924,061 $ 3,082,068 $ 1,780,774 $ 224,727 $ 20,200,084 Nonimpaired loans/leases 842,389,893 1,100,917,660 156,286,357 229,545,125 78,546,120 2,407,685,155 $ 851,578,347 $ 1,106,841,721 $ 159,368,425 $ 231,325,899 $ 78,770,847 $ 2,427,885,239 Allowance as a percentage of impaired loans/leases 19.06 % 15.00 % 25.82 % 15.42 % 16.88 % 18.56 % Allowance as a percentage of nonimpaired loans/leases 1.33 % 1.07 % 1.40 % 0.92 % 1.36 % 1.18 % Total allowance as a percentage of total loans/leases 1.52 % 1.14 % 1.87 % 1.03 % 1.41 % 1.31 % As of December 31, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,771,537 $ 693,919 $ 848,919 $ 289,112 $ 39,481 $ 3,642,968 Allowance for nonimpaired loans/leases 10,773,573 10,976,690 2,262,979 2,053,232 1,048,006 27,114,480 $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Impaired loans/leases $ 8,936,451 $ 6,112,114 $ 3,256,264 $ 1,661,180 $ 106,090 $ 20,072,099 Nonimpaired loans/leases 818,700,812 1,087,346,746 162,163,096 227,571,924 81,559,605 2,377,342,183 $ 827,637,263 $ 1,093,458,860 $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 2,397,414,282 Allowance as a percentage of impaired loans/leases 19.82 % 11.35 % 26.07 % 17.40 % 37.21 % 18.15 % Allowance as a percentage of nonimpaired loans/leases 1.32 % 1.01 % 1.40 % 0.90 % 1.28 % 1.14 % Total allowance as a percentage of total loans/leases 1.52 % 1.07 % 1.88 % 1.02 % 1.33 % 1.28 %
Impaired Financing Receivables [Table Text Block]	Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 835,955 $ 846,392 $ - $ 927,387 $ 7,352 $ 7,352 CRE Owner-Occupied CRE - - - - - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,174,260 1,174,260 - 1,183,813 - - Direct Financing Leases 1,593,104 1,593,104 - 1,868,355 18,895 18,895 Residential Real Estate 1,147,434 1,222,215 - 1,025,656 1,161 1,161 Installment and Other Consumer 175,957 175,957 - 115,846 - - $ 4,926,710 $ 5,011,928 $ - $ 5,121,057 $ 27,408 $ 27,408 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,352,499 $ 8,356,338 $ 1,751,774 $ 8,110,658 $ 62,666 $ 62,666 CRE Owner-Occupied CRE 322,148 322,148 57,398 322,148 - - Commercial Construction, Land Development, and Other Land 4,349,267 4,349,267 823,061 4,351,542 - - Other Non Owner-Occupied CRE 78,386 78,386 7,986 39,193 - - Direct Financing Leases 1,488,964 1,488,964 795,840 1,300,811 - - Residential Real Estate 633,340 633,340 274,566 636,134 4,240 4,240 Installment and Other Consumer 48,770 48,770 37,932 49,563 112 112 $ 15,273,374 $ 15,277,213 $ 3,748,557 $ 14,810,049 $ 67,018 $ 67,018 Total Impaired Loans/Leases: C&I $ 9,188,454 $ 9,202,730 $ 1,751,774 $ 9,038,045 $ 70,018 $ 70,018 CRE Owner-Occupied CRE 322,148 322,148 57,398 322,148 - - Commercial Construction, Land Development, and Other Land 4,349,267 4,349,267 823,061 4,351,542 - - Other Non Owner-Occupied CRE 1,252,646 1,252,646 7,986 1,223,006 - - Direct Financing Leases 3,082,068 3,082,068 795,840 3,169,166 18,895 18,895 Residential Real Estate 1,780,774 1,855,555 274,566 1,661,790 5,401 5,401 Installment and Other Consumer 224,727 224,727 37,932 165,409 112 112 $ 20,200,084 $ 20,289,141 $ 3,748,557 $ 19,931,106 $ 94,426 $ 94,426 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 286,508 $ 477,450 $ - $ 347,369 $ 1,824 $ 1,824 CRE Owner-Occupied CRE 242,887 336,661 - 244,824 - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,512,198 1,512,198 - 1,545,334 - - Direct Financing Leases 1,314,779 1,314,779 - 1,176,588 11,603 11,603 Residential Real Estate 585,186 624,387 - 585,981 1,038 1,038 Installment and Other Consumer 47,480 47,480 - 212,392 - - $ 3,989,038 $ 4,312,955 $ - $ 4,112,488 $ 14,465 $ 14,465 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 4,891,938 $ 4,895,777 $ 2,168,454 $ 4,885,096 $ - $ - CRE Owner-Occupied CRE - - - - - - Commercial Construction, Land Development, and Other Land 191,366 203,366 82,296 192,585 - - Other Non Owner-Occupied CRE - - - - - - Direct Financing Leases 938,267 938,267 483,193 800,606 - - Residential Real Estate 911,050 946,628 199,498 871,531 1,958 1,958 Installment and Other Consumer 402,120 402,120 246,413 306,279 1,500 1,500 $ 7,334,741 $ 7,386,158 $ 3,179,854 $ 7,056,097 $ 3,458 $ 3,458 Total Impaired Loans/Leases: C&I $ 5,178,446 $ 5,373,227 $ 2,168,454 $ 5,232,465 $ 1,824 $ 1,824 CRE Owner-Occupied CRE 242,887 336,661 - 244,824 - - Commercial Construction, Land Development, and Other Land 191,366 203,366 82,296 192,585 - - Other Non Owner-Occupied CRE 1,512,198 1,512,198 - 1,545,334 - - Direct Financing Leases 2,253,046 2,253,046 483,193 1,977,194 11,603 11,603 Residential Real Estate 1,496,236 1,571,015 199,498 1,457,512 2,996 2,996 Installment and Other Consumer 449,600 449,600 246,413 518,671 1,500 1,500 $ 11,323,779 $ 11,699,113 $ 3,179,854 $ 11,168,585 $ 17,923 $ 17,923 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 841,895 $ 951,600 $ - CRE Owner-Occupied CRE - 93,774 - Commercial Construction, Land Development, and Other Land - - - Other Non Owner-Occupied CRE 1,196,549 1,196,549 - Direct Financing Leases 1,690,121 1,690,121 - Residential Real Estate 853,294 892,495 - Installment and Other Consumer 55,734 55,734 - $ 4,637,593 $ 4,880,273 $ - Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,094,556 $ 8,098,395 $ 1,771,537 CRE Owner-Occupied CRE 322,148 322,148 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 239,600 239,600 58,910 Direct Financing Leases 1,566,141 1,566,143 848,919 Residential Real Estate 807,886 882,018 289,112 Installment and Other Consumer 50,356 50,356 39,481 $ 15,434,506 $ 15,512,477 $ 3,642,968 Total Impaired Loans/Leases: C&I $ 8,936,451 $ 9,049,995 $ 1,771,537 CRE Owner-Occupied CRE 322,148 415,922 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 1,436,149 1,436,149 58,910 Direct Financing Leases 3,256,262 3,256,264 848,919 Residential Real Estate 1,661,180 1,774,513 289,112 Installment and Other Consumer 106,090 106,090 39,481 $ 20,072,099 $ 20,392,750 $ 3,642,968
Financing Receivable Credit Quality Indicators [Table Text Block]	As of March 31, 2017 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 816,089,950 $ 298,438,590 $ 164,958,396 $ 605,282,623 $ 1,884,769,559 96.24 % Special Mention (Rating 6) 7,820,608 8,839,425 1,780,000 4,400,764 22,840,797 1.17 % Substandard (Rating 7) 27,667,789 9,624,203 5,163,312 8,354,408 50,809,712 2.59 % Doubtful (Rating 8) - - - - - 0.00 % $ 851,578,347 $ 316,902,218 $ 171,901,708 $ 618,037,795 $ 1,958,420,068 100.00 % As of December 31, 2016 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 796,568,451 $ 314,447,662 $ 158,108,465 $ 582,854,048 $ 1,851,978,626 96.40 % Special Mention (Rating 6) 6,305,772 7,559,380 1,780,000 4,437,122 20,082,274 1.05 % Substandard (Rating 7) 24,763,040 10,380,369 5,261,026 8,630,578 49,035,013 2.55 % Doubtful (Rating 8) - 210 - - 210 0.00 % $ 827,637,263 $ 332,387,621 $ 165,149,491 $ 595,921,748 $ 1,921,096,123 100.00 %
Financing Receivable Credit Quality Indicators Performance Status [Table Text Block]	As of March 31, 2017 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 156,105,024 $ 229,289,183 $ 78,422,444 $ 463,816,651 98.80 % Nonperforming 3,263,401 2,036,716 348,403 5,648,520 1.20 % $ 159,368,425 $ 231,325,899 $ 78,770,847 $ 469,465,171 100.00 % As of December 31, 2016 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 161,749,710 $ 227,277,070 $ 81,449,104 $ 470,475,884 98.77 % Nonperforming 3,669,650 1,956,034 216,591 5,842,275 1.23 % $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 476,318,159 100.00 %
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	For the three months ended March 31, 2017 For the three months ended March 31, 2016 Classes of Loans/Leases Number of Loans / Leases Pre- Modification Recorded Investment Post- Modification Recorded Investment Specific Allowance Number of Loans / Leases Pre- Modification Recorded Investment Post- Modification Recorded Investment Specific Allowance CONCESSION - Extension of Maturity Direct Financing Leases 1 $ 6,263 $ 6,263 $ - 4 $ 410,653 $ 410,653 $ - 1 $ 6,263 $ 6,263 $ - 4 $ 410,653 $ 410,653 $ - CONCESSION - Significant Payment Delay C&I 2 $ 133,689 $ 133,689 $ - - $ - $ - $ - Direct Financing Leases 8 669,861 669,861 - 1 45,939 45,939 - 10 $ 803,550 $ 803,550 $ - 1 $ 45,939 $ 45,939 $ - TOTAL 11 $ 809,813 $ 809,813 $ - 5 $ 456,592 $ 456,592 $ -

Note 4 - Earnings Per Share (Ta

Note 4 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 2017 2016 Net income $ 9,184,965 $ 6,373,489 Basic EPS $ 0.70 $ 0.54 Diluted EPS $ 0.68 $ 0.53 Weighted average common shares outstanding 13,133,382 11,793,620 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 355,035 160,329 Weighted average common and common equivalent shares outstanding 13,488,417 11,953,949

Note 5 - Fair Value (Tables)

Note 5 - Fair Value (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value Measurements at Reporting Date Using Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Identical Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) March 31, 2017: Securities AFS: U.S. govt. sponsored agency securities $ 47,556,081 $ - $ 47,556,081 $ - Residential mortgage-backed and related securities 147,503,987 - 147,503,987 - Municipal securities 51,131,874 - 51,131,874 - Other securities 4,760,079 1,345 4,758,734 - Interest rate caps 531,325 - 531,325 - Interest rate swaps - assets 2,034,898 - 2,034,898 - Total assets measured at fair value $ 253,518,244 $ 1,345 $ 253,516,899 $ - Interest rate swaps - liabilities $ 2,034,898 $ - $ 2,034,898 $ - Total liabilities measured at fair value $ 2,034,898 $ - $ 2,034,898 $ - December 31, 2016 : Securities AFS: U.S. govt. sponsored agency securities $ 46,083,607 $ - $ 46,083,607 $ - Residential mortgage-backed and related securities 147,702,127 - 147,702,127 - Municipal securities 52,604,426 - 52,604,426 - Other securities 4,722,979 1,361 4,721,618 - Interest rate caps 576,527 - 576,527 - Interest rate swaps - assets 2,338,281 - 2,338,281 - Total assets measured at fair value $ 254,027,947 $ 1,361 $ 254,026,586 $ - Interest rate swaps - liabilities $ 2,338,281 $ - $ 2,338,281 $ - Total liabilities measured at fair value $ 2,338,281 $ - $ 2,338,281 $ - Fair Value Measurements at Reporting Date Using Fair Value Level 1 Level 2 Level 3 March 31, 2017: Impaired loans/leases $ 12,581,982 $ - $ - $ 12,581,982 OREO 6,075,392 - - 6,075,392 $ 18,657,374 $ - $ - $ 18,657,374 December 31, 2016: Impaired loans/leases $ 12,823,121 $ - $ - $ 12,823,121 OREO 5,964,952 - - 5,964,952 $ 18,788,073 $ - $ - $ 18,788,073
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Quantitative Information about Level Fair Value Measurements Fair Value March 31, 2017 Fair Value December 31, 2016 Valuation Technique Unobservable Input Range Impaired loans/leases $ 12,581,982 $ 12,823,121 Appraisal of collateral Appraisal adjustments -10.00% to -50.00% OREO 6,075,392 5,964,952 Appraisal of collateral Appraisal adjustments 0.00% to -35.00%
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value As of March 31, 2017 As of December 31, 2016 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value Cash and due from banks Level 1 $ 56,325,969 $ 56,325,969 $ 70,569,993 $ 70,569,993 Federal funds sold Level 2 15,798,000 15,798,000 22,257,000 22,257,000 Interest-bearing deposits at financial institutions Level 2 157,420,706 157,420,706 63,948,925 63,948,925 Investment securities: HTM Level 2 306,694,063 304,197,006 322,909,056 320,414,899 AFS See Previous Table 250,952,021 250,952,021 251,113,139 251,113,139 Loans/leases receivable, net Level 3 11,649,983 12,581,982 11,873,260 12,823,121 Loans/leases receivable, net Level 2 2,392,141,282 2,368,029,017 2,362,856,277 2,344,462,740 Interest rate caps Level 2 531,325 531,325 576,527 576,527 Interest rate swaps - assets Level 2 2,034,898 2,034,898 2,338,281 2,338,281 Deposits: Nonmaturity deposits Level 2 2,288,265,733 2,288,265,733 2,188,683,349 2,188,683,349 Time deposits Level 2 517,665,766 519,873,000 480,577,924 479,605,000 Short-term borrowings Level 2 19,470,096 19,470,096 39,971,387 39,971,387 FHLB advances Level 2 106,550,000 107,283,000 137,500,000 138,338,000 Other borrowings Level 2 72,000,000 73,108,000 80,000,000 81,282,000 Junior subordinated debentures Level 2 33,513,509 25,075,065 33,480,202 24,881,494 Interest rate swaps - liabilities Level 2 2,034,898 2,034,898 2,338,281 2,338,281

Note 6 - Business Segment Inf21

Note 6 - Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB RB&T Management All Other Eliminations Total Three Months Ended March 31, 2017 Total revenue $ 13,535,941 $ 10,386,545 $ 8,131,706 $ 3,947,799 $ 2,701,806 $ 9,876,143 $ (9,951,087 ) $ 38,628,853 Net interest income $ 11,301,482 $ 6,974,047 $ 7,026,508 $ 2,968,074 $ - $ (601,228 ) $ - $ 27,668,883 Provision for loan/lease losses $ 931,109 $ 250,000 $ 774,000 $ 150,000 $ - $ - $ - $ 2,105,109 Net income $ 3,655,006 $ 2,892,560 $ 1,895,134 $ 844,569 $ 561,062 $ 9,184,968 $ (9,848,334 ) $ 9,184,965 Goodwill $ 3,222,688 $ - $ 9,888,225 $ - $ - $ - $ - $ 13,110,913 Core deposit intangible $ - $ 1,222,019 $ 5,928,327 $ - $ - $ - $ - $ 7,150,346 Total assets $ 1,442,952,197 $ 929,111,309 $ 608,431,003 $ 398,454,864 $ - $ 377,316,912 $ (375,253,667 ) $ 3,381,012,618 Three Months Ended March 31, 2016 Total revenue $ 13,516,932 $ 10,839,221 $ - $ 3,794,247 $ 2,234,292 $ 6,859,775 $ (6,919,935 ) $ 30,324,532 Net interest income $ 10,961,447 $ 7,024,988 $ - $ 2,911,974 $ - $ (300,887 ) $ - $ 20,597,522 Provision for loan/lease losses $ 1,222,985 $ 550,000 $ - $ 300,000 $ - $ - $ - $ 2,072,985 Net income $ 2,831,696 $ 2,934,731 $ - $ 617,785 $ 447,770 $ 6,373,488 $ (6,831,981 ) $ 6,373,489 Goodwill $ 3,222,688 $ - $ - $ - $ - $ - $ - $ 3,222,688 Core deposit intangible $ - $ 1,421,531 $ - $ - $ - $ - $ - $ 1,421,531 Total assets $ 1,361,607,041 $ 885,858,279 $ - $ 367,031,670 $ - $ 288,814,613 $ (262,638,349 ) $ 2,640,673,254

Note 7 - Regulatory Capital R22

Note 7 - Regulatory Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	For Capital To Be Well Adequacy Purposes Capitalized Under With Capital Prompt Corrective Actual Conservation Buffer* Action Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2017: Company: Total risk-based capital $ 336,993 11.90 % $ 262,053 > 9.25 % $ 283,300 > 10.0 % Tier 1 risk-based capital 304,594 10.75 % 205,393 > 7.25 226,640 > 8.0 Tier 1 leverage 304,594 9.37 % 129,996 > 4.00 162,495 > 5.0 Common equity Tier 1 273,076 9.64 % 162,898 > 5.75 184,145 > 6.5 Quad City Bank & Trust: Total risk-based capital $ 145,432 12.61 % $ 106,664 > 9.25 % $ 115,312 > 10.0 % Tier 1 risk-based capital 131,860 11.44 % 83,601 > 7.25 92,250 > 8.0 Tier 1 leverage 131,860 9.25 % 57,045 > 4.00 71,306 > 5.0 Common equity Tier 1 131,860 11.44 % 66,304 > 5.75 74,953 > 6.5 Cedar Rapids Bank & Trust: Total risk-based capital $ 107,776 12.79 % $ 77,956 > 9.25 % $ 84,277 > 10.0 % Tier 1 risk-based capital 97,230 11.54 % 61,101 > 7.25 67,421 > 8.0 Tier 1 leverage 97,230 10.74 % 36,206 > 4.00 45,257 > 5.0 Common equity Tier 1 97,230 11.54 % 48,459 > 5.75 54,780 > 6.5 Community State Bank: Total risk-based capital $ 66,300 13.50 % $ 45,426 > 9.25 % $ 49,109 > 10.0 % Tier 1 risk-based capital 64,052 13.04 % 35,604 > 7.25 39,287 > 8.0 Tier 1 leverage 64,052 10.99 % 23,317 > 4.00 29,146 > 5.0 Common equity Tier 1 64,052 13.04 % 28,238 > 5.75 31,921 > 6.5 Rockford Bank & Trust: Total risk-based capital $ 42,916 12.31 % $ 32,256 > 9.25 % $ 34,871 > 10.0 % Tier 1 risk-based capital 38,548 11.05 % 25,282 > 7.25 27,897 > 8.0 Tier 1 leverage 38,548 9.82 % 15,707 > 4.00 19,634 > 5.0 Common equity Tier 1 38,548 11.05 % 20,051 > 5.75 22,666 > 6.5 For Capital To Be Well Adequacy Purposes C apitalized Under With Capital Prompt Corrective Actual Conservation Buffer* Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2016: Company: Total risk-based capital $ 327,440 11.56 % $ 244,289 > 8.625 % $ 283,233 > 10.0 % Tier 1 risk-based capital 296,366 10.46 % 187,642 > 6.625 226,587 > 8.0 Tier 1 leverage 296,366 9.10 % 130,229 > 4.000 162,787 > 5.0 Common equity Tier 1 266,419 9.41 % 145,157 > 5.125 184,102 > 6.5 Quad City Bank & Trust: Total risk-based capital $ 142,990 12.27 % $ 100,494 > 8.625 % $ 116,515 > 10.0 % Tier 1 risk-based capital 129,524 11.12 % 77,191 > 6.625 93,212 > 8.0 Tier 1 leverage 129,524 9.18 % 56,445 > 4.000 70,556 > 5.0 Common equity Tier 1 129,524 11.12 % 59,714 > 5.125 75,735 > 6.5 Cedar Rapids Bank & Trust: Total risk-based capital $ 106,791 12.82 % $ 71,828 > 8.625 % $ 83,279 > 10.0 % Tier 1 risk-based capital 96,369 11.57 % 55,173 > 6.625 66,623 > 8.0 Tier 1 leverage 96,369 10.69 % 36,061 > 4.000 45,076 > 5.0 Common equity Tier 1 96,369 11.57 % 42,681 > 5.125 54,132 > 6.5 Community State Bank: Total risk-based capital $ 68,216 13.81 % $ 42,609 > 8.625 % $ 49,402 > 10.0 % Tier 1 risk-based capital 66,746 13.51 % 32,729 > 6.625 39,522 > 8.0 Tier 1 leverage 66,746 11.75 % 22,726 > 4.000 28,408 > 5.0 Common equity Tier 1 66,746 13.51 % 25,319 > 5.125 32,111 > 6.5 Rockford Bank & Trust: Total risk-based capital $ 42,007 12.26 % $ 29,551 > 8.625 % $ 34,262 > 10.0 % Tier 1 risk-based capital 37,716 11.01 % 22,699 > 6.625 27,410 > 8.0 Tier 1 leverage 37,716 9.57 % 15,772 > 4.000 19,716 > 5.0 Common equity Tier 1 37,716 11.01 % 17,559 > 5.125 22,270 > 6.5

Note 1 - Summary of Significa23

Note 1 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Number of Subsidiaries	4
Income Tax Expense (Benefit)	$ 2,389,446	$ 2,019,023
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (533,000)

Note 2 - Investment Securitie24

Note 2 - Investment Securities (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Number of Securities	554
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	255
Aggregate Depreciation from Amortized Cost Basis, Percent	1.50%
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	24
Proceeds from Sale and Maturity of Marketable Securities	$ 0	$ 55,526,851
General Obligation Bonds [Member] | Stockholders' Equity, Total [Member] | Credit Concentration Risk [Member]
Concentration Risk, Percentage	0.00%		0.00%
Revenue Bonds [Member] | Stockholders' Equity, Total [Member] | Credit Concentration Risk [Member]
Concentration Risk, Percentage	0.00%		0.00%
Municipal Bonds [Member] | General Obligation Bonds [Member]
Number of Issuers	112		116
Other Investments	$ 99,300,000		$ 116,500,000
Number of States Investments Held in	21		21
Municipal Bonds [Member] | General Obligation Bonds [Member] | Aggregate Fair Value Exceeding 5 Million [Member]
Number of States Investments Held in	6		5
Municipal Bonds [Member] | General Obligation Bonds [Member] | Minimum [Member]
Other Investments	$ 5,000,000		$ 5,000,000
Number of States Investments Held in	5,000,000
Municipal Bonds [Member] | Revenue Bonds [Member]
Number of Issuers	123		120
Other Investments	$ 255,000,000		$ 255,500,000
Number of States Investments Held in	12		12
Municipal Bonds [Member] | Revenue Bonds [Member] | Aggregate Fair Value Exceeding 5 Million [Member]
Number of States Investments Held in			6
Municipal Bonds [Member] | Revenue Bonds [Member] | Minimum [Member]
Other Investments	$ 5,000,000		$ 5,000,000
Equity Securities [Member]
Percentage of Investment Portfolio	1.00%	1.00%
Other than Temporary Impairment Losses, Investments	$ 0	$ 0
Debt Securities [Member]
Other than Temporary Impairment Losses, Investments	$ 0	$ 0

Note 2 - Investment Securitie25

Note 2 - Investment Securities - Amortized Cost and Fair Value of Investment Securities (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Securities HTM:
Securities held to maturity, at amortized cost	$ 306,694,063	$ 322,909,056
Securities held to maturity, gross unrealized gains	2,193,278	2,200,577
Securities held to maturity, gross unrealized (losses)	(4,690,335)	(4,694,734)
	304,197,006	320,414,899
Securities AFS:
Securities available for sale, amortized cost	252,850,093	253,609,401
Securities available for sale, gross unrealized gains	1,505,921	1,437,658
Securities available for sale, gross unrealized (losses)	(3,403,993)	(3,933,920)
Securities available for sale, fair value	250,952,021	251,113,139
US States and Political Subdivisions Debt Securities [Member]
Securities HTM:
Securities held to maturity, at amortized cost	305,644,063	321,859,056
Securities held to maturity, gross unrealized gains	2,193,278	2,200,577
Securities held to maturity, gross unrealized (losses)	(4,690,335)	(4,694,734)
	303,147,006	319,364,899
Securities AFS:
Securities available for sale, amortized cost	51,104,318	52,816,541
Securities available for sale, gross unrealized gains	454,505	425,801
Securities available for sale, gross unrealized (losses)	(426,949)	(637,916)
Securities available for sale, fair value	51,131,874	52,604,426
Other Securities [Member]
Securities HTM:
Securities held to maturity, at amortized cost	1,050,000	1,050,000
Securities held to maturity, gross unrealized gains
Securities held to maturity, gross unrealized (losses)
	1,050,000	1,050,000
Securities AFS:
Securities available for sale, amortized cost	4,056,248	4,046,332
Securities available for sale, gross unrealized gains	760,936	703,978
Securities available for sale, gross unrealized (losses)	(57,105)	(27,331)
Securities available for sale, fair value	4,760,079	4,722,979
US Government Agencies Debt Securities [Member]
Securities AFS:
Securities available for sale, amortized cost	47,720,622	46,281,306
Securities available for sale, gross unrealized gains	130,306	132,886
Securities available for sale, gross unrealized (losses)	(294,847)	(330,585)
Securities available for sale, fair value	47,556,081	46,083,607
Residential Mortgage Backed Securities [Member]
Securities AFS:
Securities available for sale, amortized cost	149,968,905	150,465,222
Securities available for sale, gross unrealized gains	160,174	174,993
Securities available for sale, gross unrealized (losses)	(2,625,092)	(2,938,088)
Securities available for sale, fair value	$ 147,503,987	$ 147,702,127

Note 2 - Investment Securitie26

Note 2 - Investment Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Securities available for sale, less than 12 months, fair value	$ 175,431,980	$ 180,624,957
Securities available for sale, less than 12 months, gross unrealized losses	(2,962,362)	(3,545,097)
Securities available for sale, 12 months or more, fair value	14,634,006	13,274,726
Securities available for sale, 12 months or more, gross unrealized losses	(441,631)	(388,823)
Securities available for sale, fair value	190,065,986	193,899,683
Securities available for sale, gross unrealized losses	(3,403,993)	(3,933,920)
US States and Political Subdivisions Debt Securities [Member]
Securities held to maturity, less than 12 months, fair value	110,858,743	122,271,533
Securities held to maturity, less than 12 months, gross unrealized losses	(3,751,123)	(4,076,647)
Securities held to maturity, 12 months or more, fair value	15,350,772	13,010,803
Securities held to maturity, 12 months or more, gross unrealized losses	(939,212)	(618,087)
Securities held to maturity, fair value	126,209,515	135,282,336
Securities held to maturity, gross unrealized losses	(4,690,335)	(4,694,734)
Securities available for sale, less than 12 months, fair value	29,386,855	34,152,822
Securities available for sale, less than 12 months, gross unrealized losses	(408,233)	(618,462)
Securities available for sale, 12 months or more, fair value	337,522	338,099
Securities available for sale, 12 months or more, gross unrealized losses	(18,716)	(19,454)
Securities available for sale, fair value	29,724,377	34,490,921
Securities available for sale, gross unrealized losses	(426,949)	(637,916)
US Government Agencies Debt Securities [Member]
Securities available for sale, less than 12 months, fair value	18,742,054	21,788,139
Securities available for sale, less than 12 months, gross unrealized losses	(230,974)	(257,640)
Securities available for sale, 12 months or more, fair value	5,115,200	5,499,012
Securities available for sale, 12 months or more, gross unrealized losses	(63,873)	(72,945)
Securities available for sale, fair value	23,857,254	27,287,151
Securities available for sale, gross unrealized losses	(294,847)	(330,585)
Residential Mortgage Backed Securities [Member]
Securities available for sale, less than 12 months, fair value	124,401,508	121,506,582
Securities available for sale, less than 12 months, gross unrealized losses	(2,266,050)	(2,641,664)
Securities available for sale, 12 months or more, fair value	9,181,284	7,437,615
Securities available for sale, 12 months or more, gross unrealized losses	(359,042)	(296,424)
Securities available for sale, fair value	133,582,792	128,944,197
Securities available for sale, gross unrealized losses	(2,625,092)	(2,938,088)
Other Securities [Member]
Securities available for sale, less than 12 months, fair value	2,901,563	3,177,414
Securities available for sale, less than 12 months, gross unrealized losses	(57,105)	(27,331)
Securities available for sale, fair value	2,901,563	3,177,414
Securities available for sale, gross unrealized losses	$ (57,105)	$ (27,331)

Note 2 - Investment Securitie27

Note 2 - Investment Securities - Sales of Securities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Proceeds from Sale and Maturity of Marketable Securities	$ 0	$ 55,526,851
Pre-tax gross gains from sales of securities		515,515
Pre-tax gross losses from sales of securities		$ (157,035)

Note 2 - Investment Securitie28

Note 2 - Investment Securities - Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Due in one year or less	$ 8,580,563
Due in one year or less	8,580,930
Due after one year through five years	16,946,533
Due after one year through five years	17,027,273
Due after five years	281,166,967
Due after five years	278,588,803
	306,694,063
	304,197,006	$ 320,414,899
Due in one year or less	3,228,439
Due in one year or less	3,240,004
Due after one year through five years	43,980,525
Due after one year through five years	44,165,961
Due after five years	51,615,976
Due after five years	51,281,990
	98,824,940
	98,687,955
	252,850,093
	250,952,021
Callable Securities [Member]
	44,660,147
	44,463,985
US States and Political Subdivisions Debt Securities [Member]
	303,147,006	319,364,899
US States and Political Subdivisions Debt Securities [Member] | Callable Securities [Member]
Amortized Cost	39,611,651
Fair Value	39,404,492
US Government-sponsored Enterprises Debt Securities [Member] | Callable Securities [Member]
Amortized Cost	5,048,496
Fair Value	5,059,493
Residential Mortgage Backed Securities [Member]
Amortized Cost	149,968,905
Fair Value	147,503,987
Other Securities [Member]
	1,050,000	$ 1,050,000
Amortized Cost	4,056,248
Fair Value	4,760,079
Callable Securities [Member] | US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	163,299,673
Fair Value	$ 161,458,045

Note 2 - Investment Securitie29

Note 2 - Investment Securities - Amortized Cost and Fair Values of General Obligation Bonds and Revenue Bonds by Issuer's State (Details)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
General Obligation Bonds [Member]
Number of issuers	112	116
Amortized cost	$ 99,815,329	$ 117,205,307
Other Investments	99,318,523	116,472,635
Average exposure per issuer (fair value)	$ 886,773	$ 1,004,074
General Obligation Bonds [Member] | Iowa [Member]
Number of issuers	27	27
Amortized cost	$ 32,227,250	$ 32,258,612
Other Investments	32,252,723	32,231,936
Average exposure per issuer (fair value)	$ 1,194,545	$ 1,193,775
General Obligation Bonds [Member] | Missouri [Member]
Number of issuers	15	14
Amortized cost	$ 8,060,239	$ 8,291,192
Other Investments	8,097,352	8,323,245
Average exposure per issuer (fair value)	$ 539,823	$ 594,518
General Obligation Bonds [Member] | North Dakota [Member]
Number of issuers	7	7
Amortized cost	$ 22,169,480	$ 22,169,050
Other Investments	21,572,627	21,499,075
Average exposure per issuer (fair value)	$ 3,081,804	$ 3,071,296
General Obligation Bonds [Member] | Illinois [Member]
Number of issuers	17	19
Amortized cost	$ 12,915,605	$ 29,214,559
Other Investments	13,060,349	29,308,438
Average exposure per issuer (fair value)	$ 768,256	$ 1,542,549
General Obligation Bonds [Member] | Ohio [Member]
Number of issuers	8	8
Amortized cost	$ 6,785,433	$ 6,790,398
Other Investments	6,635,402	6,651,897
Average exposure per issuer (fair value)	$ 829,425	$ 831,487
General Obligation Bonds [Member] | Other States [Member]
Number of issuers	38	41
Amortized cost	$ 17,657,322	$ 18,481,496
Other Investments	17,700,070	18,458,044
Average exposure per issuer (fair value)	$ 465,791	$ 450,196
Revenue Bonds [Member]
Number of issuers	123	120
Amortized cost	$ 256,933,052	$ 257,470,290
Other Investments	254,960,357	255,496,690
Average exposure per issuer (fair value)	$ 2,072,848	$ 2,129,139
Revenue Bonds [Member] | Iowa [Member]
Number of issuers	31	31
Amortized cost	$ 70,400,232	$ 70,788,393
Other Investments	70,771,347	71,142,393
Average exposure per issuer (fair value)	$ 2,282,947	$ 2,294,916
Revenue Bonds [Member] | Missouri [Member]
Number of issuers	50	47
Amortized cost	$ 92,894,184	$ 90,784,441
Other Investments	91,892,614	89,664,013
Average exposure per issuer (fair value)	$ 1,837,852	$ 1,907,745
Revenue Bonds [Member] | North Dakota [Member]
Number of issuers	4	4
Amortized cost	$ 7,992,074	$ 8,089,067
Other Investments	7,722,774	7,796,381
Average exposure per issuer (fair value)	$ 1,930,694	$ 1,949,095
Revenue Bonds [Member] | Indiana [Member]
Number of issuers	22	22
Amortized cost	$ 46,469,290	$ 47,994,737
Other Investments	45,838,852	47,582,138
Average exposure per issuer (fair value)	$ 2,083,584	$ 2,162,824
Revenue Bonds [Member] | Ohio [Member]
Number of issuers	3	3
Amortized cost	$ 13,650,000	$ 13,650,000
Other Investments	13,380,921	13,405,222
Average exposure per issuer (fair value)	$ 4,460,307	$ 4,468,407
Revenue Bonds [Member] | Kansas [Member]
Number of issuers	6	6
Amortized cost	$ 13,260,612	$ 13,476,366
Other Investments	13,243,053	13,427,491
Average exposure per issuer (fair value)	$ 2,207,176	$ 2,237,915
Revenue Bonds [Member] | Other States [Member]
Number of issuers	7	7
Amortized cost	$ 12,266,660	$ 12,687,286
Other Investments	12,110,796	12,479,052
Average exposure per issuer (fair value)	$ 1,730,114	$ 1,782,722

Note 3 - Loans Leases Receiva30

Note 3 - Loans Leases Receivable (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)		Mar. 31, 2016USD ($)
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 14,205,302	$ 13,919,066
Financing Receivable, Modifications, Recorded Investment	$ 8,673,673	8,647,007
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	2			0
Financing Receivable, Modifications, Number of Contracts	11			5
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down		195,000
Losses on Residual Value	$ 0			$ 0
Nonaccrual [Member]
Financing Receivable, Modifications, Number of Contracts	0
Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 2,444,944	$ 2,300,479
Financing Receivable, Modifications, Number of Contracts		2
Residential Portfolio Segment [Member]
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group, Mortgage	1,051,000	$ 1,135,500
Financing Receivable, Recorded Investment, Nonaccrual Status	1,199,921	1,075,639	[1]
Residential Portfolio Segment [Member] | Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	42,525	43,579
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	4,464,937	4,187,786	[1]
Commercial Portfolio Segment [Member] | Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	278,391	48,501
Commercial Real Estate Portfolio Segment [Member] | Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	1,353,634	1,380,047
Finance Leases Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	2,399,232	2,446,181	[1]
Finance Leases Portfolio Segment [Member] | Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	759,346	816,149
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	207,151	87,344	[1]
Consumer Portfolio Segment [Member] | Troubled Debt Restructurings [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 11,048	$ 12,203
[1]	Nonaccrual loans/leases included $2,300,479 of TDRs, including $48,501 in C&I loans, $1,380,047 in CRE loans, $816,149 in direct financing leases, $43,579 in residential real estate loans, and $12,203 in installment loans.

Note 3 - Loans Leases Receiva31

Note 3 - Loans Leases Receivable - Composition of the Loan Lease Portfolio (Details) - USD ($)		Mar. 31, 2017		Dec. 31, 2016		Mar. 31, 2016	Dec. 31, 2015
Loans		$ 2,427,885,239		$ 2,397,414,282
Plus deferred loan/lease origination costs, net of fees		7,965,176		8,072,703
Gross loans/leases receivable		2,435,850,415		2,405,486,985
Less allowance		(32,059,150)		(30,757,448)		$ (27,395,442)	$ (26,140,906)
		2,403,791,265		2,374,729,537
Commercial Portfolio Segment [Member]
Loans		851,578,347		827,637,263
Less allowance		(12,954,090)		(12,545,110)		(10,991,979)	(10,484,080)
Commercial Real Estate Portfolio Segment [Member]
Loans		1,106,841,721		1,093,458,860
Less allowance		(12,643,266)		(11,670,609)		(10,090,567)	(9,375,117)
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans		316,902,218		332,387,621
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		171,901,708		165,149,491
Commercial Real Estate Portfolio Segment [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans		618,037,795		595,921,748
Finance Leases Portfolio Segment [Member]
Loans	[1],[2]	159,368,425		165,419,360
Plus deferred loan/lease origination costs, net of fees	[1]	5,730,479		5,881,778
Gross loans/leases receivable	[1]	165,098,904		171,301,138
Less allowance		(2,978,260)	[1]	(3,111,898)	[1]	(3,287,231)	(3,395,088)
	[1]	162,120,644		168,189,240
Net minimum lease payments to be received	[1]	177,088,295		184,274,802
Estimated unguaranteed residual values of leased assets	[1]	1,085,154		1,085,154
Unearned lease/residual income	[1]	(18,805,024)		(19,940,596)
Residential Portfolio Segment [Member]
Loans	[2],[3]	231,325,899		229,233,104
Less allowance		(2,375,864)		(2,342,344)		(1,836,622)	(1,790,150)
Consumer Portfolio Segment [Member]
Loans	[2]	78,770,847		81,665,695
Less allowance		$ (1,107,670)		$ (1,087,487)		$ (1,189,043)	$ (1,096,471)
[1]	Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three months ended March 31, 2017 and 2016.
[2]	Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[3]	Includes residential real estate loans held for sale totaling $1,051,000 and $1,135,500 as of March 31, 2017, and December 31, 2016, respectively.

Note 3 - Loans Leases Receiva32

Note 3 - Loans Leases Receivable - Changes in Accretable Yield (Details) - Community State Bank [Member] - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Balance	$ (7,071,690)	$ (9,309,920)
Accretion recognized	2,238,230
Performing Financial Instruments [Member]
Balance	(6,944,074)	(9,115,614)
Accretion recognized	2,171,540
Receivables Acquired with Deteriorated Credit Quality [Member]
Balance	(127,616)	$ (194,306)
Accretion recognized	$ 66,690

Note 3 - Loans Leases Receiva33

Note 3 - Loans Leases Receivable - Aging of the Loan Lease Portfolio (Details) - USD ($)		Mar. 31, 2017	Dec. 31, 2016
Current		$ 2,407,681,867	$ 2,378,270,983
Accruing Past Due 90 Days or More		954,924	966,814
Financing Receivable, Recorded Investment, Nonaccrual Status		14,205,302	13,919,066
Loans		$ 2,427,885,239	$ 2,397,414,282
Current as a percentage of total loan/lease portfolio		99.17%	99.20%
Accruing past due 90 days or more as a percentage of total loan/lease portfolio		0.04%	0.04%
Nonaccrual Loans/Leases as a percentage of total loan/lease portfolio		0.59%	0.58%
Loans and leases as a percentage of total loan/lease portfolio		100.00%	100.00%
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		$ 4,152,821	$ 3,000,574
Past due as a percentage of total loan/lease portfolio		0.17%	0.13%
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		$ 890,325	$ 1,256,845
Past due as a percentage of total loan/lease portfolio		0.04%	0.05%
Commercial Portfolio Segment [Member]
Current		$ 846,264,365	$ 821,637,507
Accruing Past Due 90 Days or More		575,066	346,234
Financing Receivable, Recorded Investment, Nonaccrual Status		4,464,937	4,187,786	[1]
Loans		851,578,347	827,637,263
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		108,148	1,455,185
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		165,831	10,551
Commercial Real Estate Portfolio Segment [Member]
Loans		1,106,841,721	1,093,458,860
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Current		316,508,674	331,812,571
Accruing Past Due 90 Days or More		240
Financing Receivable, Recorded Investment, Nonaccrual Status		332,148	332,148	[1]
Loans		316,902,218	332,387,621
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Current		167,552,441	160,760,034
Accruing Past Due 90 Days or More
Financing Receivable, Recorded Investment, Nonaccrual Status		4,349,267	4,353,819	[1]
Loans		171,901,708	165,149,491
Commercial Real Estate Portfolio Segment [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Current		616,480,649	594,384,926
Accruing Past Due 90 Days or More
Financing Receivable, Recorded Investment, Nonaccrual Status		1,252,646	1,436,149	[1]
Loans		618,037,795	595,921,748
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Past Due		61,156
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Loans [Member]
Past Due			35,638
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Past Due		304,500	100,673
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Past Due			242,902
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Loans [Member]
Past Due
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Past Due
Finance Leases Portfolio Segment [Member]
Current		154,874,086	161,452,627
Accruing Past Due 90 Days or More			215,225
Financing Receivable, Recorded Investment, Nonaccrual Status		2,399,232	2,446,181	[1]
Loans	[2],[3]	159,368,425	165,419,360
Finance Leases Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		1,428,446	730,627
Finance Leases Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		666,661	574,700
Residential Portfolio Segment [Member]
Current		228,282,091	227,023,552
Accruing Past Due 90 Days or More		255,942	294,854
Financing Receivable, Recorded Investment, Nonaccrual Status		1,199,921	1,075,639	[1]
Loans	[3],[4]	231,325,899	229,233,104
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		1,587,945	473,478
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due			365,581
Consumer Portfolio Segment [Member]
Current		77,719,561	81,199,766
Accruing Past Due 90 Days or More		123,676	110,501
Financing Receivable, Recorded Investment, Nonaccrual Status		207,151	87,344	[1]
Loans	[3]	78,770,847	81,665,695
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		662,626	204,973
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		$ 57,833	$ 63,111
[1]	Nonaccrual loans/leases included $2,300,479 of TDRs, including $48,501 in C&I loans, $1,380,047 in CRE loans, $816,149 in direct financing leases, $43,579 in residential real estate loans, and $12,203 in installment loans.
[2]	Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three months ended March 31, 2017 and 2016.
[3]	Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[4]	Includes residential real estate loans held for sale totaling $1,051,000 and $1,135,500 as of March 31, 2017, and December 31, 2016, respectively.

Note 3 - Loans Leases Receiva34

Note 3 - Loans Leases Receivable - Loans Leases Nonperforming Loans Leases (Details) - USD ($)		Mar. 31, 2017		Dec. 31, 2016
Accruing Past Due 90 Days or More		$ 954,924		$ 966,814
Nonaccrual Loans/Leases		14,205,302		13,919,066
Accruing TDRs		8,673,673		8,647,007
Loans		$ 2,427,885,239		$ 2,397,414,282
Percentage of Total NPLs		100.00%		100.00%
Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		$ 954,924		$ 966,814
Nonaccrual Loans/Leases		14,205,302	[1]	13,919,066	[2]
Accruing TDRs		6,228,729		6,346,528
Loans		$ 21,388,955		21,232,408
Percentage of Total NPLs		100.00%
Commercial Portfolio Segment [Member]
Accruing Past Due 90 Days or More		$ 575,066		346,234
Nonaccrual Loans/Leases		4,464,937		4,187,786	[2]
Loans		851,578,347		827,637,263
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		575,066
Nonaccrual Loans/Leases	[1]	4,464,937
Accruing TDRs		4,766,131		4,733,997
Loans		$ 9,806,134		$ 9,268,017
Percentage of Total NPLs		45.85%		43.65%
Commercial Real Estate Portfolio Segment [Member]
Loans		$ 1,106,841,721		$ 1,093,458,860
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Accruing Past Due 90 Days or More		240
Nonaccrual Loans/Leases		332,148		332,148	[2]
Loans		316,902,218		332,387,621
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accruing Past Due 90 Days or More
Nonaccrual Loans/Leases		4,349,267		4,353,819	[2]
Loans		171,901,708		165,149,491
Commercial Real Estate Portfolio Segment [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Accruing Past Due 90 Days or More
Nonaccrual Loans/Leases		1,252,646		1,436,149	[2]
Loans		618,037,795		595,921,748
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Accruing Past Due 90 Days or More		240
Nonaccrual Loans/Leases	[1]	332,148
Accruing TDRs
Loans		$ 332,388		$ 332,148
Percentage of Total NPLs		1.55%		1.56%
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Construction Loans [Member]
Accruing Past Due 90 Days or More
Nonaccrual Loans/Leases	[1]	4,349,267
Accruing TDRs
Loans		$ 4,349,267		$ 4,353,819
Percentage of Total NPLs		20.33%		20.51%
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Accruing Past Due 90 Days or More
Nonaccrual Loans/Leases	[1]	1,252,646
Accruing TDRs
Loans		$ 1,252,646		$ 1,436,149
Percentage of Total NPLs		5.86%		6.77%
Finance Leases Portfolio Segment [Member]
Accruing Past Due 90 Days or More				$ 215,225
Nonaccrual Loans/Leases		2,399,232		2,446,181	[2]
Loans	[3],[4]	159,368,425		165,419,360
Finance Leases Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More
Nonaccrual Loans/Leases	[1]	2,399,232
Accruing TDRs		864,169		1,008,244
Loans	[4]	$ 3,263,401		$ 3,669,650
Percentage of Total NPLs		15.26%		17.28%
Residential Portfolio Segment [Member]
Accruing Past Due 90 Days or More		$ 255,942		$ 294,854
Nonaccrual Loans/Leases		1,199,921		1,075,639	[2]
Loans	[4],[5]	231,325,899		229,233,104
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		255,942
Nonaccrual Loans/Leases	[1]	1,199,921
Accruing TDRs		580,853		585,541
Loans	[4]	$ 2,036,716		$ 1,956,034
Percentage of Total NPLs		9.52%		9.21%
Consumer Portfolio Segment [Member]
Accruing Past Due 90 Days or More		$ 123,676		$ 110,501
Nonaccrual Loans/Leases		207,151		87,344	[2]
Loans	[4]	78,770,847		81,665,695
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		123,676
Nonaccrual Loans/Leases	[1]	207,151
Accruing TDRs		17,576		18,746
Loans	[4]	$ 348,403		$ 216,591
Percentage of Total NPLs		1.63%		1.02%
[1]	Nonaccrual loans/leases included $2,444,944 of TDRs, including $278,391 in C&I loans, $1,353,634 in CRE loans, $759,346 in direct financing leases, $42,525 in residential real estate loans, and $11,048 in installment loans.
[2]	Nonaccrual loans/leases included $2,300,479 of TDRs, including $48,501 in C&I loans, $1,380,047 in CRE loans, $816,149 in direct financing leases, $43,579 in residential real estate loans, and $12,203 in installment loans.
[3]	Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three months ended March 31, 2017 and 2016.
[4]	Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[5]	Includes residential real estate loans held for sale totaling $1,051,000 and $1,135,500 as of March 31, 2017, and December 31, 2016, respectively.

Note 3 - Loans Leases Receiva35

Note 3 - Loans Leases Receivable - Allowance for Estimated Losses on Loans Leases (Details) - USD ($)		3 Months Ended
		Mar. 31, 2017		Mar. 31, 2016	Mar. 31, 2017		Dec. 31, 2016
Balance		$ 30,757,448		$ 26,140,906
Provisions (credits) charged to expense		2,105,109		2,072,985
Loans/leases charged off		(892,626)		(868,284)
Recoveries on loans/leases previously charged off		89,219		49,835
Balance		32,059,150		27,395,442
Allowance for impaired loans/leases					$ 3,748,557		$ 3,642,968
Allowance for nonimpaired loans/leases					28,310,593		27,114,480
Less allowance for estimated losses on loans/leases		32,059,150		26,140,906	32,059,150		30,757,448
Impaired loans/leases					20,200,084		20,072,099
Nonimpaired loans/leases					2,407,685,155		2,377,342,183
Loans					$ 2,427,885,239		$ 2,397,414,282
Allowance as a percentage of impaired loans/leases					18.56%		18.15%
Allowance as a percentage of nonimpaired loans/leases					1.18%		1.14%
Total allowance as a percentage of total loans/leases					1.31%		1.28%
Commercial Portfolio Segment [Member]
Balance		12,545,110		10,484,080
Provisions (credits) charged to expense		593,359		739,831
Loans/leases charged off		(218,273)		(243,566)
Recoveries on loans/leases previously charged off		33,894		11,634
Balance		12,954,090		10,991,979
Allowance for impaired loans/leases					$ 1,751,774		$ 1,771,537
Allowance for nonimpaired loans/leases					11,202,316		10,773,573
Less allowance for estimated losses on loans/leases		12,545,110		10,484,080	12,954,090		12,545,110
Impaired loans/leases					9,188,454		8,936,451
Nonimpaired loans/leases					842,389,893		818,700,812
Loans					$ 851,578,347		$ 827,637,263
Allowance as a percentage of impaired loans/leases					19.06%		19.82%
Allowance as a percentage of nonimpaired loans/leases					1.33%		1.32%
Total allowance as a percentage of total loans/leases					1.52%		1.52%
Commercial Real Estate Portfolio Segment [Member]
Balance		11,670,609		9,375,117
Provisions (credits) charged to expense		966,271		715,450
Loans/leases charged off
Recoveries on loans/leases previously charged off		6,386
Balance		12,643,266		10,090,567
Allowance for impaired loans/leases					$ 888,445		$ 693,919
Allowance for nonimpaired loans/leases					11,754,821		10,976,690
Less allowance for estimated losses on loans/leases		11,670,609		9,375,117	12,643,266		11,670,609
Impaired loans/leases					5,924,061		6,112,114
Nonimpaired loans/leases					1,100,917,660		1,087,346,746
Loans					$ 1,106,841,721		$ 1,093,458,860
Allowance as a percentage of impaired loans/leases					15.00%		11.35%
Allowance as a percentage of nonimpaired loans/leases					1.07%		1.01%
Total allowance as a percentage of total loans/leases					1.14%		1.07%
Finance Leases Portfolio Segment [Member]
Balance		3,111,898	[1]	3,395,088
Provisions (credits) charged to expense		505,015		478,245
Loans/leases charged off		(658,684)		(600,938)
Recoveries on loans/leases previously charged off		20,031		14,836
Balance		2,978,260	[1]	3,287,231
Allowance for impaired loans/leases					$ 795,840		$ 848,919
Allowance for nonimpaired loans/leases					2,182,420		2,262,979
Less allowance for estimated losses on loans/leases		2,978,260	[1]	3,395,088	2,978,260	[1]	3,111,898	[1]
Impaired loans/leases					3,082,068		3,256,264
Nonimpaired loans/leases					156,286,357		162,163,096
Loans	[1],[2]				$ 159,368,425		$ 165,419,360
Allowance as a percentage of impaired loans/leases					25.82%		26.07%
Allowance as a percentage of nonimpaired loans/leases					1.40%		1.40%
Total allowance as a percentage of total loans/leases					1.87%		1.88%
Residential Portfolio Segment [Member]
Balance		2,342,344		1,790,150
Provisions (credits) charged to expense		43,520		62,656
Loans/leases charged off		(13,623)		(16,184)
Recoveries on loans/leases previously charged off		3,623
Balance		2,375,864		1,836,622
Allowance for impaired loans/leases					$ 274,566		$ 289,112
Allowance for nonimpaired loans/leases					2,101,298		2,053,232
Less allowance for estimated losses on loans/leases		2,342,344		1,790,150	2,375,864		2,342,344
Impaired loans/leases					1,780,774		1,661,180
Nonimpaired loans/leases					229,545,125		227,571,924
Loans	[2],[3]				$ 231,325,899		$ 229,233,104
Allowance as a percentage of impaired loans/leases					15.42%		17.40%
Allowance as a percentage of nonimpaired loans/leases					0.92%		0.90%
Total allowance as a percentage of total loans/leases					1.03%		1.02%
Consumer Portfolio Segment [Member]
Balance		1,087,487		1,096,471
Provisions (credits) charged to expense		(3,056)		76,803
Loans/leases charged off		(2,046)		(7,596)
Recoveries on loans/leases previously charged off		25,285		23,365
Balance		1,107,670		1,189,043
Allowance for impaired loans/leases					$ 37,932		$ 39,481
Allowance for nonimpaired loans/leases					1,069,738		1,048,006
Less allowance for estimated losses on loans/leases		$ 1,087,487		$ 1,096,471	1,107,670		1,087,487
Impaired loans/leases					224,727		106,090
Nonimpaired loans/leases					78,546,120		81,559,605
Loans	[2]				$ 78,770,847		$ 81,665,695
Allowance as a percentage of impaired loans/leases					16.88%		37.21%
Allowance as a percentage of nonimpaired loans/leases					1.36%		1.28%
Total allowance as a percentage of total loans/leases					1.41%		1.33%
[1]	Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three months ended March 31, 2017 and 2016.
[2]	Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[3]	Includes residential real estate loans held for sale totaling $1,051,000 and $1,135,500 as of March 31, 2017, and December 31, 2016, respectively.

Note 3 - Loans Leases Receiva36

Note 3 - Loans Leases Receivable - Impaired Loans Leases (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Recorded investment with no specific allowance recorded	$ 4,926,710	$ 3,989,038	$ 4,637,593
Unpaid principal balance with no specific allowance recorded	5,011,928	4,312,955	4,880,273
Average recorded investment with no specific allowance recorded	5,121,057	4,112,488
Interest income recognized with no specific allowance recorded	27,408	14,465
Interest income recognized for cash payments received with no specific allowance recorded	27,408	14,465
Recorded investment with specific allowance recorded	15,273,374	7,334,741	15,434,506
Unpaid principal balance with specific allowance recorded	15,277,213	7,386,158	15,512,477
Related allowance	3,748,557	3,179,854	3,642,968
Average recorded investment with specific allowance recorded	14,810,049	7,056,097
Interest income recognized with specific allowance recorded	67,018	3,458
Interest income recognized for cash payments received with specific allowance recorded	67,018	3,458
Recorded investment	20,200,084	11,323,779	20,072,099
Unpaid principal balance	20,289,141	11,699,113	20,392,750
Average recorded investment	19,931,106	11,168,585
Interest income recognized	94,426	17,923
Interest income recognized for cash payments received	94,426	17,923
Commercial Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	835,955	286,508	841,895
Unpaid principal balance with no specific allowance recorded	846,392	477,450	951,600
Average recorded investment with no specific allowance recorded	927,387	347,369
Interest income recognized with no specific allowance recorded	7,352	1,824
Interest income recognized for cash payments received with no specific allowance recorded	7,352	1,824
Recorded investment with specific allowance recorded	8,352,499	4,891,938	8,094,556
Unpaid principal balance with specific allowance recorded	8,356,338	4,895,777	8,098,395
Related allowance	1,751,774	2,168,454	1,771,537
Average recorded investment with specific allowance recorded	8,110,658	4,885,096
Interest income recognized with specific allowance recorded	62,666
Interest income recognized for cash payments received with specific allowance recorded	62,666
Recorded investment	9,188,454	5,178,446	8,936,451
Unpaid principal balance	9,202,730	5,373,227	9,049,995
Average recorded investment	9,038,045	5,232,465
Interest income recognized	70,018	1,824
Interest income recognized for cash payments received	70,018	1,824
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded		242,887
Unpaid principal balance with no specific allowance recorded		336,661	93,774
Average recorded investment with no specific allowance recorded		244,824
Interest income recognized with no specific allowance recorded
Interest income recognized for cash payments received with no specific allowance recorded
Recorded investment with specific allowance recorded	322,148		322,148
Unpaid principal balance with specific allowance recorded	322,148		322,148
Related allowance	57,398		57,398
Average recorded investment with specific allowance recorded	322,148
Interest income recognized with specific allowance recorded
Interest income recognized for cash payments received with specific allowance recorded
Recorded investment	322,148	242,887	322,148
Unpaid principal balance	322,148	336,661	415,922
Average recorded investment	322,148	244,824
Interest income recognized
Interest income recognized for cash payments received
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment with no specific allowance recorded
Unpaid principal balance with no specific allowance recorded
Average recorded investment with no specific allowance recorded
Interest income recognized with no specific allowance recorded
Interest income recognized for cash payments received with no specific allowance recorded
Recorded investment with specific allowance recorded	4,349,267	191,366	4,353,819
Unpaid principal balance with specific allowance recorded	4,349,267	203,366	4,353,817
Related allowance	823,061	82,296	577,611
Average recorded investment with specific allowance recorded	4,351,542	192,585
Interest income recognized with specific allowance recorded
Interest income recognized for cash payments received with specific allowance recorded
Recorded investment	4,349,267	191,366	4,353,819
Unpaid principal balance	4,349,267	203,366	4,353,817
Average recorded investment	4,351,542	192,585
Interest income recognized
Interest income recognized for cash payments received
Commercial Real Estate Portfolio Segment [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	1,174,260	1,512,198	1,196,549
Unpaid principal balance with no specific allowance recorded	1,174,260	1,512,198	1,196,549
Average recorded investment with no specific allowance recorded	1,183,813	1,545,334
Interest income recognized with no specific allowance recorded
Interest income recognized for cash payments received with no specific allowance recorded
Recorded investment with specific allowance recorded	78,386		239,600
Unpaid principal balance with specific allowance recorded	78,386		239,600
Related allowance	7,986		58,910
Average recorded investment with specific allowance recorded	39,193
Interest income recognized with specific allowance recorded
Interest income recognized for cash payments received with specific allowance recorded
Recorded investment	1,252,646	1,512,198	1,436,149
Unpaid principal balance	1,252,646	1,512,198	1,436,149
Average recorded investment	1,223,006	1,545,334
Interest income recognized
Interest income recognized for cash payments received
Finance Leases Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	1,593,104	1,314,779	1,690,121
Unpaid principal balance with no specific allowance recorded	1,593,104	1,314,779	1,690,121
Average recorded investment with no specific allowance recorded	1,868,355	1,176,588
Interest income recognized with no specific allowance recorded	18,895	11,603
Interest income recognized for cash payments received with no specific allowance recorded	18,895	11,603
Recorded investment with specific allowance recorded	1,488,964	938,267	1,566,141
Unpaid principal balance with specific allowance recorded	1,488,964	938,267	1,566,143
Related allowance	795,840	483,193	848,919
Average recorded investment with specific allowance recorded	1,300,811	800,606
Interest income recognized with specific allowance recorded
Interest income recognized for cash payments received with specific allowance recorded
Recorded investment	3,082,068	2,253,046	3,256,262
Unpaid principal balance	3,082,068	2,253,046	3,256,264
Average recorded investment	3,169,166	1,977,194
Interest income recognized	18,895	11,603
Interest income recognized for cash payments received	18,895	11,603
Residential Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	1,147,434	585,186	853,294
Unpaid principal balance with no specific allowance recorded	1,222,215	624,387	892,495
Average recorded investment with no specific allowance recorded	1,025,656	585,981
Interest income recognized with no specific allowance recorded	1,161	1,038
Interest income recognized for cash payments received with no specific allowance recorded	1,161	1,038
Recorded investment with specific allowance recorded	633,340	911,050	807,886
Unpaid principal balance with specific allowance recorded	633,340	946,628	882,018
Related allowance	274,566	199,498	289,112
Average recorded investment with specific allowance recorded	636,134	871,531
Interest income recognized with specific allowance recorded	4,240	1,958
Interest income recognized for cash payments received with specific allowance recorded	4,240	1,958
Recorded investment	1,780,774	1,496,236	1,661,180
Unpaid principal balance	1,855,555	1,571,015	1,774,513
Average recorded investment	1,661,790	1,457,512
Interest income recognized	5,401	2,996
Interest income recognized for cash payments received	5,401	2,996
Consumer Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	175,957	47,480	55,734
Unpaid principal balance with no specific allowance recorded	175,957	47,480	55,734
Average recorded investment with no specific allowance recorded	115,846	212,392
Interest income recognized with no specific allowance recorded
Interest income recognized for cash payments received with no specific allowance recorded
Recorded investment with specific allowance recorded	48,770	402,120	50,356
Unpaid principal balance with specific allowance recorded	48,770	402,120	50,356
Related allowance	37,932	246,413	39,481
Average recorded investment with specific allowance recorded	49,563	306,279
Interest income recognized with specific allowance recorded	112	1,500
Interest income recognized for cash payments received with specific allowance recorded	112	1,500
Recorded investment	224,727	449,600	106,090
Unpaid principal balance	224,727	449,600	$ 106,090
Average recorded investment	165,409	518,671
Interest income recognized	112	1,500
Interest income recognized for cash payments received	$ 112	$ 1,500

Note 3 - Loans Leases Receiva37

Note 3 - Loans Leases Receivable - Loans by Internally Assigned Risk Rating (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Loans	$ 2,427,885,239	$ 2,397,414,282
Commercial Portfolio Segment [Member]
Loans	851,578,347	827,637,263
Commercial Portfolio Segment [Member] | Pass [Member]
Loans	816,089,950	796,568,451
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans	7,820,608	6,305,772
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans	27,667,789	24,763,040
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans
Commercial Real Estate Portfolio Segment [Member]
Loans	1,106,841,721	1,093,458,860
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans	316,902,218	332,387,621
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	171,901,708	165,149,491
Commercial Real Estate Portfolio Segment [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans	618,037,795	595,921,748
Commercial Real Estate Portfolio Segment [Member] | Pass [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans	298,438,590	314,447,662
Commercial Real Estate Portfolio Segment [Member] | Pass [Member] | Construction Loans [Member]
Loans	164,958,396	158,108,465
Commercial Real Estate Portfolio Segment [Member] | Pass [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans	605,282,623	582,854,048
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans	8,839,425	7,559,380
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member] | Construction Loans [Member]
Loans	1,780,000	1,780,000
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans	4,400,764	4,437,122
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans	9,624,203	10,380,369
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member] | Construction Loans [Member]
Loans	5,163,312	5,261,026
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans	8,354,408	8,630,578
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member] | Owner Occupied Commercial Real Estate Loans [Member]
Loans		210
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member] | Construction Loans [Member]
Loans
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member] | Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans
Commercial and Commercial Real Estate Portfolio Segments [Member]
Loans	$ 1,958,420,068	$ 1,921,096,123
As a % of Total	100.00%	100.00%
Commercial and Commercial Real Estate Portfolio Segments [Member] | Pass [Member]
Loans	$ 1,884,769,559	$ 1,851,978,626
As a % of Total	96.24%	96.40%
Commercial and Commercial Real Estate Portfolio Segments [Member] | Special Mention [Member]
Loans	$ 22,840,797	$ 20,082,274
As a % of Total	1.17%	1.05%
Commercial and Commercial Real Estate Portfolio Segments [Member] | Substandard [Member]
Loans	$ 50,809,712	$ 49,035,013
As a % of Total	2.59%	2.55%
Commercial and Commercial Real Estate Portfolio Segments [Member] | Doubtful [Member]
Loans		$ 210
As a % of Total	0.00%	0.00%

Note 3 - Loans Leases Receiva38

Note 3 - Loans Leases Receivable - Leases By Delinquency Status (Details) - USD ($)		Mar. 31, 2017	Dec. 31, 2016
Loans		$ 2,427,885,239	$ 2,397,414,282
Nonperforming Financial Instruments [Member]
Loans		21,388,955	21,232,408
Finance Leases Portfolio Segment [Member]
Loans	[1],[2]	159,368,425	165,419,360
Finance Leases Portfolio Segment [Member] | Performing Financial Instruments [Member]
Loans	[2]	156,105,024	161,749,710
Finance Leases Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	[2]	3,263,401	3,669,650
Residential Portfolio Segment [Member]
Loans	[2],[3]	231,325,899	229,233,104
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Loans	[2]	229,289,183	227,277,070
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	[2]	2,036,716	1,956,034
Consumer Portfolio Segment [Member]
Loans	[2]	78,770,847	81,665,695
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Loans	[2]	78,422,444	81,449,104
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	[2]	348,403	216,591
Lease Residential and Consumer Portfolio Segments [Member]
Loans	[2]	$ 469,465,171	$ 476,318,159
As a % of Total	[2]	100.00%	100.00%
Lease Residential and Consumer Portfolio Segments [Member] | Performing Financial Instruments [Member]
Loans	[2]	$ 463,816,651	$ 470,475,884
As a % of Total	[2]	98.80%	98.77%
Lease Residential and Consumer Portfolio Segments [Member] | Nonperforming Financial Instruments [Member]
Loans	[2]	$ 5,648,520	$ 5,842,275
As a % of Total	[2]	1.20%	1.23%
[1]	Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three months ended March 31, 2017 and 2016.
[2]	Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[3]	Includes residential real estate loans held for sale totaling $1,051,000 and $1,135,500 as of March 31, 2017, and December 31, 2016, respectively.

Note 3 - Loans Leases Receiva39

Note 3 - Loans Leases Receivable - Troubled Debt Restructurings (Details)	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Number of Loans / Leases	11	5
Pre-Modification Recorded Investment	$ 809,813	$ 456,592
Post-Modification Recorded Investment	809,813	456,592
Specific Allowance
Extended Maturity [Member]
Number of Loans / Leases	1	4
Pre-Modification Recorded Investment	$ 6,263	$ 410,653
Post-Modification Recorded Investment	6,263	410,653
Specific Allowance
Payment Deferral [Member]
Number of Loans / Leases	10	1
Pre-Modification Recorded Investment	$ 803,550	$ 45,939
Post-Modification Recorded Investment	803,550	45,939
Specific Allowance
Finance Leases Portfolio Segment [Member] | Extended Maturity [Member]
Number of Loans / Leases	1	4
Pre-Modification Recorded Investment	$ 6,263	$ 410,653
Post-Modification Recorded Investment	6,263	410,653
Specific Allowance
Finance Leases Portfolio Segment [Member] | Payment Deferral [Member]
Number of Loans / Leases	8	1
Pre-Modification Recorded Investment	$ 669,861	$ 45,939
Post-Modification Recorded Investment	669,861	45,939
Specific Allowance
Commercial Portfolio Segment [Member] | Extended Maturity [Member]
Number of Loans / Leases	2
Pre-Modification Recorded Investment	$ 133,689
Post-Modification Recorded Investment	133,689
Specific Allowance

Note 4 - Earnings Per Share - B

Note 4 - Earnings Per Share - Basic and Diluted (Details) - USD ($)		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Net income		$ 9,184,965	$ 6,373,489
Basic earnings (loss) per common share (in dollars per share) (in dollars per share)		$ 0.70	$ 0.54
Diluted earnings (loss) per common share (in dollars per share) (in dollars per share)		$ 0.68	$ 0.53
Weighted average common shares outstanding (in shares)	[1]	13,133,382	11,793,620
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan (in shares)	[2]	355,035	160,329
Weighted average common and common equivalent shares outstanding (in shares)		13,488,417	11,953,949
[1]	The increase in weighted average common shares outstanding from 2014 to 2015 was primarily due to the common stock issuance discussed in Note 16 to the Consolidated Financial Statements. The increase in weighted average common shares outstanding from 2015 to 2016 was primarily due to the common stock issuance discussed in Note 2 to the Consolidated Financial Statements.
[2]	Excludes anti-dilutive shares of 17,739, 36,572, and 124,983 at December 31, 2016, 2015 and 2014, respectively.

Note 5 - Fair Value - Assets Me

Note 5 - Fair Value - Assets Measured At Fair Value On a Recurring and Nonrecurring Basis (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Securities available for sale, fair value	$ 250,952,021	$ 251,113,139
Fair value	18,657,374	18,788,073
Fair Value, Inputs, Level 1 [Member]
Fair value
Fair Value, Inputs, Level 2 [Member]
Fair value
Fair Value, Inputs, Level 3 [Member]
Fair value	18,657,374	18,788,073
Fair Value, Measurements, Recurring [Member]
Assets Fair Value	253,518,244	254,027,947
Liabilities Fair Value	2,034,898	2,338,281
Fair Value, Measurements, Recurring [Member] | Interest Rate Cap [Member]
Interest rate caps	531,325	576,527
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Interest rate caps	2,034,898	2,338,281
Derivative Liabilites	2,034,898	2,338,281
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets Fair Value	1,345	1,361
Liabilities Fair Value
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Cap [Member]
Interest rate caps
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Interest rate caps
Derivative Liabilites
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets Fair Value	253,516,899	254,026,586
Liabilities Fair Value	2,034,898	2,338,281
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Interest rate caps	531,325	576,527
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate caps	2,034,898	2,338,281
Derivative Liabilites	2,034,898	2,338,281
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets Fair Value
Liabilities Fair Value
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Cap [Member]
Interest rate caps
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Interest rate caps
Derivative Liabilites
US Government Agencies Debt Securities [Member]
Securities available for sale, fair value	47,556,081	46,083,607
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale, fair value	47,556,081	46,083,607
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale, fair value
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale, fair value	47,556,081	46,083,607
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale, fair value
Residential Mortgage Backed Securities [Member]
Securities available for sale, fair value	147,503,987	147,702,127
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale, fair value	147,503,987	147,702,127
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale, fair value
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale, fair value	147,503,987	147,702,127
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale, fair value
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale, fair value	51,131,874	52,604,426
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale, fair value	51,131,874	52,604,426
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale, fair value
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale, fair value	51,131,874	52,604,426
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale, fair value
Other Securities [Member]
Securities available for sale, fair value	4,760,079	4,722,979
Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale, fair value	4,760,079	4,722,979
Other Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale, fair value	1,345	1,361
Other Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale, fair value	4,758,734	4,721,618
Other Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale, fair value
Impaired Loans Leases [Member]
Fair value	12,581,982	12,823,121
Impaired Loans Leases [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value
Impaired Loans Leases [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value
Impaired Loans Leases [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value	12,581,982	12,823,121
Other Real Estate Owned [Member]
Fair value	6,075,392	5,964,952
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value	$ 6,075,392	$ 5,964,952

Note 5 - Fair Value - Quantitat

Note 5 - Fair Value - Quantitative Information About Level Fair Value Measurements (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair value	$ 18,657,374	$ 18,788,073
Impaired Loans Leases [Member]
Fair value	$ 12,581,982	12,823,121
Valuation technique	Appraisal of collateral
Impaired Loans Leases [Member] | Minimum [Member]
Appraisal adjustments	(10.00%)
Impaired Loans Leases [Member] | Maximum [Member]
Appraisal adjustments	(50.00%)
Other Securities [Member]
Fair value	$ 6,075,392	$ 5,964,952
Valuation technique	Appraisal of collateral
Other Securities [Member] | Minimum [Member]
Appraisal adjustments	0.00%
Other Securities [Member] | Maximum [Member]
Appraisal adjustments	35.00%

Note 5 - Fair Value - Carrying

Note 5 - Fair Value - Carrying Values and Estimated Fair Values of Financial Assets and Liabilities (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
	$ 304,197,006	$ 320,414,899
Securities available for sale, fair value	250,952,021	251,113,139
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Cash and due from banks	56,325,969	70,569,993
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Cash and due from banks	56,325,969	70,569,993
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Federal funds sold	15,798,000	22,257,000
	306,694,063	322,909,056
Securities available for sale, fair value	250,952,021	251,113,139
Loans/leases receivable, net	2,392,141,282	2,362,856,277
Short-term borrowings	19,470,096	39,971,387
FHLB advances	106,550,000	137,500,000
Other borrowings	72,000,000	80,000,000
Junior subordinated debentures	33,513,509	33,480,202
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | Non-maturity Deposits [Member]
Nonmaturity deposits	2,288,265,733	2,188,683,349
Deposits	2,288,265,733	2,188,683,349
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | Time Deposits [Member]
Nonmaturity deposits	517,665,766	480,577,924
Deposits	517,665,766	480,577,924
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | Interest Rate Cap [Member]
Interest rate caps	531,325	576,527
Interest rate swaps - assets	531,325	576,527
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | Interest Rate Swap [Member]
Interest rate caps	2,034,898	2,338,281
Interest rate swaps - assets	2,034,898	2,338,281
Interest rate swaps - liabilities	2,034,898	2,338,281
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	157,420,706	63,948,925
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Federal funds sold	15,798,000	22,257,000
	304,197,006	320,414,899
Securities available for sale, fair value	250,952,021	251,113,139
Loans/leases receivable, net	2,368,029,017	2,344,462,740
Short-term borrowings	19,470,096	39,971,387
FHLB advances	107,283,000	138,338,000
Other borrowings	73,108,000	81,282,000
Junior subordinated debentures	25,075,065	24,881,494
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Non-maturity Deposits [Member]
Nonmaturity deposits	2,288,265,733	2,188,683,349
Deposits	2,288,265,733	2,188,683,349
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Time Deposits [Member]
Nonmaturity deposits	519,873,000	479,605,000
Deposits	519,873,000	479,605,000
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Interest Rate Cap [Member]
Interest rate caps	531,325	576,527
Interest rate swaps - assets	531,325	576,527
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Interest Rate Swap [Member]
Interest rate caps	2,034,898	2,338,281
Interest rate swaps - assets	2,034,898	2,338,281
Interest rate swaps - liabilities	2,034,898	2,338,281
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	157,420,706	63,948,925
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Loans/leases receivable, net	11,649,983	11,873,260
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Loans/leases receivable, net	$ 12,581,982	$ 12,823,121

Note 6 - Business Segment Inf44

Note 6 - Business Segment Information (Details Textual)	Mar. 31, 2017
Number of Subsidiaries	4

Note 6 - Business Segment Inf45

Note 6 - Business Segment Information - Selected Financial Information on the Company's Business Segments (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Total revenue	$ 38,628,853	$ 30,324,532
Net interest income	27,668,883	20,597,522
Provision for loan/lease losses	2,105,109	2,072,985
Net income (loss)	9,184,965	6,373,489
Goodwill	13,110,913	3,222,688	$ 13,110,913
Core deposit intangible	7,150,346	1,421,531	7,381,213
Total assets	3,381,012,618	2,640,673,254	$ 3,301,943,748
Operating Segments [Member] | Commercial Banking Segment [Member] | Quad City Bank and Trust Company [Member]
Total revenue	13,535,941	13,516,932
Net interest income	11,301,482	10,961,447
Provision for loan/lease losses	931,109	1,222,985
Net income (loss)	3,655,006	2,831,696
Goodwill	3,222,688	3,222,688
Core deposit intangible
Total assets	1,442,952,197	1,361,607,041
Operating Segments [Member] | Commercial Banking Segment [Member] | Cedar Rapids Bank and Trust [Member]
Total revenue	10,386,545	10,839,221
Net interest income	6,974,047	7,024,988
Provision for loan/lease losses	250,000	550,000
Net income (loss)	2,892,560	2,934,731
Goodwill
Core deposit intangible	1,222,019	1,421,531
Total assets	929,111,309	885,858,279
Operating Segments [Member] | Commercial Banking Segment [Member] | Community State Bank [Member]
Total revenue	8,131,706
Net interest income	7,026,508
Provision for loan/lease losses	774,000
Net income (loss)	1,895,134
Goodwill	9,888,225
Core deposit intangible	5,928,327
Total assets	608,431,003
Operating Segments [Member] | Commercial Banking Segment [Member] | Rockford Bank and Trust [Member]
Total revenue	3,947,799	3,794,247
Net interest income	2,968,074	2,911,974
Provision for loan/lease losses	150,000	300,000
Net income (loss)	844,569	617,785
Goodwill
Core deposit intangible
Total assets	398,454,864	367,031,670
Operating Segments [Member] | Wealth Management Segment [Member]
Total revenue	2,701,806	2,234,292
Net interest income
Provision for loan/lease losses
Net income (loss)	561,062	447,770
Goodwill
Core deposit intangible
Total assets
Operating Segments [Member] | Other Segments [Member]
Total revenue	9,876,143	6,859,775
Net interest income	(601,228)	(300,887)
Provision for loan/lease losses
Net income (loss)	9,184,968	6,373,488
Goodwill
Core deposit intangible
Total assets	377,316,912	288,814,613
Intersegment Eliminations [Member]
Total revenue	(9,951,087)	(6,919,935)
Net interest income
Provision for loan/lease losses
Net income (loss)	(9,848,334)	(6,831,981)
Goodwill
Core deposit intangible
Total assets	$ (375,253,667)	$ (262,638,349)

Note 7 - Regulatory Capital R46

Note 7 - Regulatory Capital Requirements (Details Textual)	3 Months Ended
	Mar. 31, 2017
Annual Phase in Percentage Of Capital Conservation Buffer	0.625%
Capital Required for Capital Adequacy to Risk Weighted Assets with Capital Conservation Buffer Fully Phased in	10.50%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets with Capital Conservation Buffer Fully Phased in	8.50%
Common Equity Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets with Capital Conservation Buffer Fully Phased in	7.00%

Note 7 - Regulatory Capital R47

Note 7 - Regulatory Capital Requirements and Restrictions on Dividends - Capital Requirements (Details) - USD ($)		Mar. 31, 2017	Dec. 31, 2016
Parent Company [Member]
Total risk-based capital, actual, amount		$ 336,993	$ 327,440
Total risk-based capital, actual, ratio		11.90%	11.56%
Total risk-based capital for capital adquacy purposes, amount	[1]	$ 262,053	$ 244,289
Total risk-based capital for capital adquacy purposes, ratio	[1]	9.25%	8.625%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 283,300	$ 283,233
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio		10.00%	10.00%
Tier 1 risk-based capital, actual, amount		$ 304,594	$ 296,366
Tier 1 risk-based capital, actual, ratio		10.75%	10.46%
Tier 1 risk-based capital for capital adequacy purposes, amount	[1]	$ 205,393	$ 187,642
Tier 1 risk-based capital for capital adequacy purposes, ratio	[1]	7.25%	6.625%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 226,640	$ 226,587
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio		8.00%	8.00%
Tier 1 leverage, actual, amount		$ 304,594	$ 296,366
Tier 1 leverage, actual, ratio		9.37%	9.10%
Tier 1 leverage for capital adequacy purposes, amount	[1]	$ 129,996	$ 130,229
Tier 1 leverage for capital adequacy purposes, ratio	[1]	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount		$ 162,495	$ 162,787
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio		5.00%	5.00%
Common equity Tier 1, actual, amount		$ 273,076	$ 266,419
Common equity Tier 1, actual ratio		9.64%	9.41%
Common equity Tier 1 for capital adequacy purposes, amount	[1]	$ 162,898	$ 145,157
Common equity Tier 1 for capital adequacy purposes, ratio	[1]	5.75%	5.125%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount		$ 184,145	$ 184,102
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio		6.50%	6.50%
Quad City Bank and Trust Company [Member]
Total risk-based capital, actual, amount		$ 145,432	$ 142,990
Total risk-based capital, actual, ratio		12.61%	12.27%
Total risk-based capital for capital adquacy purposes, amount	[1]	$ 106,664	$ 100,494
Total risk-based capital for capital adquacy purposes, ratio	[1]	9.25%	8.625%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 115,312	$ 116,515
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio		10.00%	10.00%
Tier 1 risk-based capital, actual, amount		$ 131,860	$ 129,524
Tier 1 risk-based capital, actual, ratio		11.44%	11.12%
Tier 1 risk-based capital for capital adequacy purposes, amount	[1]	$ 83,601	$ 77,191
Tier 1 risk-based capital for capital adequacy purposes, ratio	[1]	7.25%	6.625%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 92,250	$ 93,212
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio		8.00%	8.00%
Tier 1 leverage, actual, amount		$ 131,860	$ 129,524
Tier 1 leverage, actual, ratio		9.25%	9.18%
Tier 1 leverage for capital adequacy purposes, amount	[1]	$ 57,045	$ 56,445
Tier 1 leverage for capital adequacy purposes, ratio	[1]	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount		$ 71,306	$ 70,556
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio		5.00%	5.00%
Common equity Tier 1, actual, amount		$ 131,860	$ 129,524
Common equity Tier 1, actual ratio		11.44%	11.12%
Common equity Tier 1 for capital adequacy purposes, amount	[1]	$ 66,304	$ 59,714
Common equity Tier 1 for capital adequacy purposes, ratio	[1]	5.75%	5.125%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount		$ 74,953	$ 75,735
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio		6.50%	6.50%
Cedar Rapids Bank and Trust [Member]
Total risk-based capital, actual, amount		$ 107,776	$ 106,791
Total risk-based capital, actual, ratio		12.79%	12.82%
Total risk-based capital for capital adquacy purposes, amount	[1]	$ 77,956	$ 71,828
Total risk-based capital for capital adquacy purposes, ratio	[1]	9.25%	8.625%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 84,277	$ 83,279
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio		10.00%	10.00%
Tier 1 risk-based capital, actual, amount		$ 97,230	$ 96,369
Tier 1 risk-based capital, actual, ratio		11.54%	11.57%
Tier 1 risk-based capital for capital adequacy purposes, amount	[1]	$ 61,101	$ 55,173
Tier 1 risk-based capital for capital adequacy purposes, ratio	[1]	7.25%	6.625%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 67,421	$ 66,623
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio		8.00%	8.00%
Tier 1 leverage, actual, amount		$ 97,230	$ 96,369
Tier 1 leverage, actual, ratio		10.74%	10.69%
Tier 1 leverage for capital adequacy purposes, amount	[1]	$ 36,206	$ 36,061
Tier 1 leverage for capital adequacy purposes, ratio	[1]	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount		$ 45,257	$ 45,076
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio		5.00%	5.00%
Common equity Tier 1, actual, amount		$ 97,230	$ 96,369
Common equity Tier 1, actual ratio		11.54%	11.57%
Common equity Tier 1 for capital adequacy purposes, amount	[1]	$ 48,459	$ 42,681
Common equity Tier 1 for capital adequacy purposes, ratio	[1]	5.75%	5.125%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount		$ 54,780	$ 54,132
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio		6.50%	6.50%
Community State Bank [Member]
Total risk-based capital, actual, amount		$ 66,300	$ 68,216
Total risk-based capital, actual, ratio		13.50%	13.81%
Total risk-based capital for capital adquacy purposes, amount	[1]	$ 45,426	$ 42,609
Total risk-based capital for capital adquacy purposes, ratio	[1]	9.25%	8.625%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 49,109	$ 49,402
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio		10.00%	10.00%
Tier 1 risk-based capital, actual, amount		$ 64,052	$ 66,746
Tier 1 risk-based capital, actual, ratio		13.04%	13.51%
Tier 1 risk-based capital for capital adequacy purposes, amount	[1]	$ 35,604	$ 32,729
Tier 1 risk-based capital for capital adequacy purposes, ratio	[1]	7.25%	6.625%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 39,287	$ 39,522
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio		8.00%	8.00%
Tier 1 leverage, actual, amount		$ 64,052	$ 66,746
Tier 1 leverage, actual, ratio		10.99%	11.75%
Tier 1 leverage for capital adequacy purposes, amount	[1]	$ 23,317	$ 22,726
Tier 1 leverage for capital adequacy purposes, ratio	[1]	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount		$ 29,146	$ 28,408
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio		5.00%	5.00%
Common equity Tier 1, actual, amount		$ 64,052	$ 66,746
Common equity Tier 1, actual ratio		13.04%	13.51%
Common equity Tier 1 for capital adequacy purposes, amount	[1]	$ 28,238	$ 25,319
Common equity Tier 1 for capital adequacy purposes, ratio	[1]	5.75%	5.125%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount		$ 31,921	$ 32,111
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio		6.50%	6.50%
Rockford Bank and Trust [Member]
Total risk-based capital, actual, amount		$ 42,916	$ 42,007
Total risk-based capital, actual, ratio		12.31%	12.26%
Total risk-based capital for capital adquacy purposes, amount	[1]	$ 32,256	$ 29,551
Total risk-based capital for capital adquacy purposes, ratio	[1]	9.25%	8.625%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 34,871	$ 34,262
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio		10.00%	10.00%
Tier 1 risk-based capital, actual, amount		$ 38,548	$ 37,716
Tier 1 risk-based capital, actual, ratio		11.05%	11.01%
Tier 1 risk-based capital for capital adequacy purposes, amount	[1]	$ 25,282	$ 22,699
Tier 1 risk-based capital for capital adequacy purposes, ratio	[1]	7.25%	6.625%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount		$ 27,897	$ 27,410
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio		8.00%	8.00%
Tier 1 leverage, actual, amount		$ 38,548	$ 37,716
Tier 1 leverage, actual, ratio		9.82%	9.57%
Tier 1 leverage for capital adequacy purposes, amount	[1]	$ 15,707	$ 15,772
Tier 1 leverage for capital adequacy purposes, ratio	[1]	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount		$ 19,634	$ 19,716
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio		5.00%	5.00%
Common equity Tier 1, actual, amount		$ 38,548	$ 37,716
Common equity Tier 1, actual ratio		11.05%	11.01%
Common equity Tier 1 for capital adequacy purposes, amount	[1]	$ 20,051	$ 17,559
Common equity Tier 1 for capital adequacy purposes, ratio	[1]	5.75%	5.125%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount		$ 22,666	$ 22,270
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio		6.50%	6.50%
[1]	The minimums under Basel III increase by .625% (the capital conservation buffer) annually until 2019. The fully phased-in minimums are 10.5% (Total risk-based capital), 8.5% (Tier 1 risk-based capital), and 7.0% (Common equity Tier 1).