QCR (QCRH) 10-Q7 Aug 202020 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Aug. 01, 2020
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2020
Entity File Number	0-22208
Entity Registrant Name	QCR HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	42-1397595
Entity Address, Address Line One	3551 7th Street
Entity Address, City or Town	Moline
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	61265
City Area Code	309
Local Phone Number	736-3580
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $1.00 Par Value
Trading Symbol	QCRH
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding (in shares)		15,791,536
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000906465
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 88,577	$ 76,254
Federal funds sold	2,125	9,800
Interest-bearing deposits at financial institutions	140,775	147,891
Securities held to maturity, at amortized cost	425,976	400,646
Securities available for sale, at fair value	322,907	210,695
Total securities	748,883	611,341
Loans receivable held for sale	8,327	3,673
Loans/leases receivable held for investment	4,131,932	3,686,532
Gross loans/leases receivable	4,140,259	3,690,205
Less allowance for estimated losses on loans/leases	(60,827)	(36,001)
Net loans/leases receivable	4,079,432	3,654,204
Bank-owned life insurance	59,645	58,834
Premises and equipment, net	72,915	73,859
Restricted investment securities	23,209	23,252
Other real estate owned, net	157	4,129
Goodwill	74,248	74,748
Intangibles	13,872	14,970
Derivatives	225,164	87,827
Assets held for sale	10,765	11,966
Other assets	64,994	59,975
Total assets	5,604,761	4,909,050
Liabilities and Stockholders' Equity
Noninterest-bearing	1,177,482	777,224
Interest-bearing	3,172,293	3,133,827
Total deposits	4,349,775	3,911,051
Short-term borrowings	124,818	13,423
Federal Home Loan Bank advances	145,000	159,300
Subordinated notes	68,516	68,394
Junior subordinated debentures	37,916	37,838
Derivatives	233,589	88,437
Liabilities held for sale	1,588	5,003
Other liabilities	87,539	90,253
Total liabilities	5,048,741	4,373,699
Stockholders' Equity:
Preferred stock, $1 par value; shares authorized 250,000 June 2020 and December 2019 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 June 2020 - 15,790,611 shares issued and outstanding December 2019 - 15,828,098 shares issued and outstanding	15,791	15,828
Additional paid-in capital	274,315	274,785
Retained earnings	267,081	245,836
Accumulated other comprehensive income (loss):
Securities available for sale	8,738	2,817
Derivatives	(9,905)	(3,915)
Total stockholders' equity	556,020	535,351
Total liabilities and stockholders' equity	$ 5,604,761	$ 4,909,050

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized (in shares)	250,000	250,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	20,000,000	20,000,000
Common stock, issued (in shares)	15,790,611	15,828,098
Common stock, outstanding (in shares)	15,790,611	15,828,098

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest and dividend income:
Loans/leases, including fees	$ 42,614	$ 47,515	$ 85,774	$ 93,082
Securities:
Taxable	2,048	1,678	3,775	3,344
Nontaxable	3,565	3,474	7,024	7,018
Interest-bearing deposits at financial institutions	134	1,168	495	2,091
Restricted investment securities	288	290	546	598
Federal funds sold	1	56	18	150
Total interest and dividend income	48,650	54,181	97,632	106,283
Interest expense:
Deposits	5,766	13,825	14,972	26,304
Short-term borrowings	22	81	86	152
Federal Home Loan Bank advances	347	601	796	1,662
Other borrowings		92		539
Subordinated notes	994	993	1,988	1,557
Junior subordinated debentures	573	576	1,144	1,148
Total interest expense	7,702	16,168	18,986	31,362
Net interest income	40,948	38,013	78,646	74,921
Provision for loan/lease losses	19,915	1,941	28,282	4,075
Net interest income after provision for loan/lease losses	21,033	36,072	50,364	70,846
Noninterest income:
Revenue	77,276	71,246	141,454	135,341
Gains on sales of residential real estate loans, net	1,196	489	1,848	858
Gains on sales of government guaranteed portions of loans, net		39		70
Swap fee income	19,927	7,891	26,731	11,089
Securities gains (losses), net	65	(52)	65	(52)
Earnings on bank-owned life insurance	612	412	941	952
Other	941	1,293	1,863	2,357
Total noninterest income	28,626	17,065	43,822	29,058
Noninterest expense:
Salaries and employee benefits	21,304	22,749	39,823	43,628
Occupancy and equipment expense	3,748	3,533	7,780	7,227
Professional and data processing fees	3,646	3,031	7,015	5,781
Post-acquisition compensation, transition and integration costs	70	708	221	842
Disposition costs	(83)		434
FDIC insurance, other insurance and regulatory fees	908	926	1,591	1,890
Loan/lease expense	339	312	567	526
Net cost of (income from) and gains/losses on operations of other real estate	(332)	1,182	(319)	1,480
Advertising and marketing	552	1,037	1,234	1,822
Bank service charges	501	508	1,005	991
Losses on liability extinguishment	429		576
Correspondent banking expense	212	206	428	410
Intangibles amortization	548	615	1,097	1,147
Goodwill impairment			500
Other	1,280	1,753	2,585	3,251
Total noninterest expense	33,122	36,560	64,537	68,995
Net income before income taxes	16,537	16,577	29,649	30,909
Federal and state income tax expense	2,798	3,073	4,682	4,487
Net income	$ 13,739	$ 13,504	$ 24,967	$ 26,422
Basic earnings per common share (in dollars per share)	$ 0.87	$ 0.86	$ 1.58	$ 1.68
Diluted earnings per common share (in dollars per share)	$ 0.86	$ 0.85	$ 1.56	$ 1.66
Weighted average common shares outstanding (in shares)	15,747,056	15,714,588	15,771,926	15,703,967
Weighted average common and common equivalent shares outstanding (in shares)	15,895,336	15,938,377	15,956,958	15,930,659
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06	$ 0.12	$ 0.12
Trust department fees
Noninterest income:
Revenue	$ 2,227	$ 2,361	$ 4,539	$ 4,854
Investment advisory and management fees
Noninterest income:
Revenue	1,399	1,888	3,126	3,624
Deposit service fees
Noninterest income:
Revenue	1,286	1,658	2,763	3,212
Debit card fees
Noninterest income:
Revenue	775	914	1,533	1,706
Correspondent banking fees
Noninterest income:
Revenue	$ 198	$ 172	$ 413	$ 388

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 13,739	$ 13,504	$ 24,967	$ 26,422
Other comprehensive income (loss):
Unrealized holding gains arising during the period before tax	5,336	4,669	7,817	8,813
Less reclassification adjustment for gains (losses) included in net income before tax	65	(52)	65	(52)
Unrealized gains on securities available for sale	5,271	4,721	7,752	8,865
Unrealized holding losses arising during the period before tax	(654)	(1,780)	(7,815)	(2,942)
Less reclassification adjustment for caplet amortization before tax	(124)	(134)	(234)	(291)
Unrealized losses on derivatives	(530)	(1,646)	(7,581)	(2,651)
Other comprehensive income (loss), before tax	4,741	3,075	171	6,214
Tax expense	1,119	833	240	1,628
Other comprehensive income (loss), net of tax	3,622	2,242	(69)	4,586
Comprehensive income	$ 17,361	$ 15,746	$ 24,898	$ 31,008

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2018	$ 15,718	$ 270,761	$ 192,203	$ (5,544)	$ 473,138
Net income			12,918		12,918
Other comprehensive income (loss), net of tax				2,344	2,344
Common cash dividends declared			(942)		(942)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	4	124			128
Issuance of shares of common stock as a result of stock options exercised	25	263			288
Stock-based compensation expense		722			722
Restricted stock awards and restricted stock units of common stock, net of restricted stock units withheld for payment for taxes	13	(50)			(37)
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised	(5)	(147)			(152)
Balance at Mar. 31, 2019	15,755	271,673	204,179	(3,200)	488,407
Balance at Dec. 31, 2018	15,718	270,761	192,203	(5,544)	473,138
Net income					26,422
Other comprehensive income (loss), net of tax					4,586
Balance at Jun. 30, 2019	15,773	272,744	216,741	(958)	504,300
Balance at Mar. 31, 2019	15,755	271,673	204,179	(3,200)	488,407
Net income			13,504		13,504
Other comprehensive income (loss), net of tax				2,242	2,242
Common cash dividends declared			(942)		(942)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	11	323			334
Issuance of shares of common stock as a result of stock options exercised	3	41			44
Stock-based compensation expense		719			719
Restricted stock awards and restricted stock units of common stock, net of restricted stock units withheld for payment for taxes	5	(5)
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised	(1)	(7)			(8)
Balance at Jun. 30, 2019	15,773	272,744	216,741	(958)	504,300
Balance at Dec. 31, 2019	15,828	274,785	245,836	(1,098)	535,351
Net income			11,228		11,228
Other comprehensive income (loss), net of tax				(3,691)	(3,691)
Common cash dividends declared			(942)		(942)
Repurchase and cancellation of 100,932 shares of common stock as a result of share repurchase program	(101)	(1,844)	(1,835)		(3,780)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	6	208			214
Issuance of shares of common stock as a result of stock options exercised	32	274			306
Stock-based compensation expense		641			641
Restricted stock awards and restricted stock units of common stock, net of restricted stock units withheld for payment for taxes	10	(8)			2
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised	(1)	(189)			(190)
Balance at Mar. 31, 2020	15,774	273,867	254,287	(4,789)	539,139
Balance at Dec. 31, 2019	15,828	274,785	245,836	(1,098)	535,351
Net income					24,967
Other comprehensive income (loss), net of tax					(69)
Balance at Jun. 30, 2020	15,791	274,315	267,081	(1,167)	556,020
Balance at Mar. 31, 2020	15,774	273,867	254,287	(4,789)	539,139
Net income			13,739		13,739
Other comprehensive income (loss), net of tax				3,622	3,622
Common cash dividends declared			(945)		(945)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	16	462			478
Issuance of shares of common stock as a result of stock options exercised	1	9			10
Stock-based compensation expense		423			423
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised		(446)			(446)
Balance at Jun. 30, 2020	$ 15,791	$ 274,315	$ 267,081	$ (1,167)	$ 556,020

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019
Cash dividends declared per common share (in dollars per share)	$ 0.06		$ 0.06
Common Stock [Member]
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06	$ 0.06	$ 0.06
Repurchase and cancellation of common stock as a result of share repurchase program (in shares)		100,932
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan (in shares)	16,413	5,553	11,346	4,446
Issuance of shares of common stock as s result of stock options exercised (in shares)	975	31,729	2,414	25,238
Restricted stock awards (in shares)		10,300	4,769	12,719
Exchange of shares of common stock in connection with stock options exercised and restricted stock vested (in shares)	513	1,012	1,032	5,169

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income			$ 24,967	$ 26,422
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			2,690	2,518
Provision for loan/lease losses	$ 19,915	$ 1,941	28,282	4,075
Stock-based compensation expense			1,064	1,441
Deferred compensation expense accrued			1,705	1,323
Losses (gains) on other real estate owned, net			(369)	1,214
Amortization of premiums on securities, net			557	854
Caplet amortization			234
Securities (gains) losses, net			(65)	52
Loans originated for sale			(98,837)	(45,926)
Proceeds on sales of loans			96,031	43,969
Gains on sales of residential real estate loans	(1,196)	(489)	(1,848)	(858)
Gains on sales of government guaranteed portions of loans		(39)		(70)
Loss on liability extinguishment, net	429		576
Gains on sales of premises and equipment			(8)	(67)
Amortization of intangibles	548	615	1,097	1,147
Accretion of acquisition fair value adjustments, net			(1,361)	(2,145)
Increase in cash value of bank-owned life insurance			(941)	(952)
Goodwill impairment			500
Decrease (increase) in other assets			(2,255)	942
Decrease in other liabilities			(12,729)	(4,615)
Net cash provided by operating activities			39,290	29,324
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in federal funds sold			7,675	16,183
Net decrease (increase) in interest-bearing deposits at financial institutions			7,116	(62,084)
Proceeds from sales of other real estate owned			4,341	539
Activity in securities portfolio:
Purchases			(166,743)	(10,709)
Calls, maturities and redemptions			11,946	5,958
Paydowns			22,541	27,088
Sales			4,592	4,661
Activity in restricted investment securities:
Purchases			(4,274)	(3,868)
Redemptions			4,317	7,362
Net increase in loans/leases originated and held for investment			(447,385)	(176,394)
Purchase of premises and equipment			(1,828)	(6,032)
Proceeds from sales of premises and equipment			88	146
Net cash (used in) investing activities			(557,614)	(197,150)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposit accounts			408,849	345,614
Net increase (decrease) in short-term borrowings			111,395	(9,583)
Activity in Federal Home Loan Bank advances:
Term advances			85,000	5,000
Calls and maturities			(40,000)	(35,000)
Net change in short-term and overnight advances			(59,300)	(130,865)
Activity in other borrowings:
Calls, maturities and scheduled principal payments				(11,937)
Prepayments				(46,313)
Paydown of revolving line of credit				(9,000)
Prepayments on brokered and public time deposits			29,359
Proceeds from subordinated notes				63,393
Payment of cash dividends on common stock			(1,884)	(1,881)
Proceeds from issuance of common stock, net			1,008	794
Repurchase and cancellation of shares			(3,780)
Net cash provided by financing activities			530,647	170,222
Net increase in cash and due from banks			12,323	2,396
Cash and due from banks, beginning			76,254	85,523	$ 85,523
Cash and due from banks, ending	$ 88,577	$ 87,919	88,577	87,919	$ 76,254
Supplemental disclosure of cash flow information, cash payments (receipts) for:
Interest			19,377	29,346
Income/franchise taxes			(1,099)	(1,032)
Supplemental schedule of noncash investing activities:
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net			(69)	4,586
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised			(636)	(160)
Transfers of loans to other real estate owned				1,012
Due to broker for purchases of securities			4,338
Due from broker for sales of securities			1,735
Increase (decrease) in the fair value of back-to-back interest rate swap assets and liabilities			140,048	43,628
Dividends payable			$ 945	$ 942

NOTE 1 - SUMMARY OF SIGNIFICANT

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2020
Notes to Financial Statements
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The financial information of the Company included herein has been prepared in accordance with GAAP for interim financial reporting and has been prepared pursuant to the rules and regulations for reporting on Form 10-Q and Rule 10-01 of Regulation S-X. Such information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position and results of operations for the periods presented. Any differences appearing between the numbers presented in financial statements and management's discussion and analysis are due to rounding. The results of the interim period ended June 30, 2020 are not necessarily indicative of the results expected for the year ending December 31, 2020, or for any other period. The acronyms and abbreviations identified below are used throughout this Quarterly Report on Form 10-Q. It may be helpful to refer back to this page as you read this report. Allowance: Allowance for estimated losses on loans/leases Guaranty: Guaranty Bancshares, Ltd. AOCI: Accumulated other comprehensive income (loss) Guaranty Bank: Guaranty Bank and Trust Company AFS: Available for sale HTM: Held to maturity ASC: Accounting Standards Codification LRP: Loan Relief Program ASU: Accounting Standards Update m2: m2 Lease Funds, LLC Bates Companies: Bates Financial Advisors, Inc., Bates MSELF: Main Street Expanded Loan Facility Financial Services, Inc., Bates Securities, Inc. and MSNLF: Main Street New Loan Facility Bates Financial Group, Inc. NIM: Net interest margin BOLI: Bank-owned life insurance NPA: Nonperforming asset Caps: Interest rate cap derivatives NPL: Nonperforming loan CARES Act: Coronavirus Aid, Relief and Economy OREO: Other real estate owned Security Act OTTI: Other-than-temporary impairment CDI: Core deposit intangible PCI: Purchased credit impaired CECL: Current Expected Credit Losses PPP: Paycheck Protection Program Community National: Community National Bancorporation Provision: Provision for loan/lease losses COVID-19: Coronavirus Disease 2019 QCBT: Quad City Bank & Trust Company CRBT: Cedar Rapids Bank & Trust Company RB&T: Rockford Bank & Trust Company CRE: Commercial real estate ROAA: Return on Average Assets CSB: Community State Bank SBA: U.S. Small Business Administration C&I: Commercial and industrial SEC: Securities and Exchange Commission EPS: Earnings per share SFC Bank: Springfield First Community Bank Exchange Act: Securities Exchange Act of 1934, as Springfield Bancshares: Springfield Bancshares, Inc. amended 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 TEY: Tax equivalent yield FRB: Federal Reserve Bank of Chicago The Company: QCR Holdings, Inc. GAAP: Generally Accepted Accounting Principles USDA: U.S. Department of Agriculture The Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries which include the accounts of four commercial banks: QCBT, CRBT, CSB and SFC Bank. All are state-chartered commercial banks and all are members of the Federal Reserve system. The Company engages in direct financing lease contracts through m2, a wholly-owned subsidiary of QCBT. The Company also engages in wealth management services through its banking subsidiaries and its subsidiaries, the Bates Companies. All material intercompany transactions and balances have been eliminated in consolidation. On November 30, 2019, the Company sold substantially all of the assets and transferred substantially all of the deposits and certain other liabilities of the Company’s wholly-owned subsidiary, RB&T. The financial results of RB&T prior to its sale are included in this report. See Note 2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 for additional information about the sale. Recent accounting developments Financial Instruments – Credit Losses Risks and Uncertainties: the Company anticipates that its financial condition, capital levels, asset quality and results of operations will be adversely affected, as described in further detail on this report. Due to the economic impact that COVID-19 has had on the Company, management concluded that factors such as the decline in macroeconomic conditions led to the occurrence of a triggering event during the first quarter of 2020, therefore an interim impairment test over goodwill was performed as of March 31, 2020. When such an assessment is performed, should the Company conclude that all or a portion of goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Based upon the results of the interim goodwill assessment during the first quarter of 2020, the Company concluded that an impairment did not exist on the bank reporting units as of the time of the assessment. There was no occurrence of a triggering event during the second quarter of 2020 therefore no impairment test over goodwill was needed.

NOTE 2 - INVESTMENT SECURITIES

NOTE 2 - INVESTMENT SECURITIES	6 Months Ended
NOTE 2 - INVESTMENT SECURITIES	Jun. 30, 2020
Notes to Financial Statements
INVESTMENT SECURITIES	NOTE 2– INVESTMENT SECURITIES The amortized cost and fair value of investment securities as of June 30, 2020 and December 31, 2019 are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) June 30, 2020: Securities HTM: Municipal securities $ 424,926 $ 21,323 $ (2,231) $ 444,018 Other securities 1,050 — — 1,050 $ 425,976 $ 21,323 $ (2,231) $ 445,068 Securities AFS: U.S. govt. sponsored agency securities $ 16,663 $ 809 $ — $ 17,472 Residential mortgage-backed and related securities 138,044 7,659 (31) 145,672 Municipal securities 98,388 2,962 (84) 101,266 Asset-backed securities 39,712 414 (329) 39,797 Other securities 18,550 173 (23) 18,700 $ 311,357 $ 12,017 $ (467) $ 322,907 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) December 31, 2019: Securities HTM: Municipal securities $ 399,596 $ 26,042 $ (143) $ 425,495 Other securities 1,050 — — 1,050 $ 400,646 $ 26,042 $ (143) $ 426,545 Securities AFS: U.S. govt. sponsored agency securities $ 19,872 $ 283 $ (77) $ 20,078 Residential mortgage-backed and related securities 118,724 2,045 (182) 120,587 Municipal securities 46,659 1,602 (4) 48,257 Asset-backed securities 16,958 — (71) 16,887 Other securities 4,749 138 (1) 4,886 $ 206,962 $ 4,068 $ (335) $ 210,695 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 unrealized loss position as of June 30, 2020 and December 31, 2019, are summarized as follows: Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) June 30, 2020: Securities HTM: Municipal securities $ 47,822 $ (2,231) $ — $ — $ 47,822 $ (2,231) Other securities 1,050 — — — 1,050 — $ 48,872 $ (2,231) $ — $ — $ 48,872 $ (2,231) Securities AFS: U.S. govt. sponsored agency securities $ — $ — $ — $ — $ — $ — Residential mortgage-backed and related securities 19,127 (31) — — 19,127 (31) Municipal securities 12,105 (84) — — 12,105 (84) Asset-backed securities 16,611 (329) — — 16,611 (329) Other securities 1,977 (23) — — 1,977 (23) $ 49,820 $ (467) $ — $ — $ 49,820 $ (467) Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) December 31, 2019: Securities HTM: Municipal securities $ 509 $ (1) $ 10,047 $ (142) $ 10,556 $ (143) Other securities 550 — — — 550 — $ 1,059 $ (1) $ 10,047 $ (142) $ 11,106 $ (143) Securities AFS: U.S. govt. sponsored agency securities $ 1,431 $ (21) $ 2,117 $ (56) $ 3,548 $ (77) Residential mortgage-backed and related securities 2,263 (17) 17,862 (165) 20,125 (182) Municipal securities — — 724 (4) 724 (4) Asset-backed securities 16,886 (71) — — 16,886 (71) Other securities 249 (1) — — 249 (1) $ 20,829 $ (110) $ 20,703 $ (225) $ 41,532 $ (335) At June 30, 2020, the investment portfolio included 609 securities. Of this number, 54 securities were in an unrealized loss position. The aggregate losses of these securities totaled approximately 0.4% of the total amortized cost of the portfolio. Of these 54 securities, no securities had an unrealized loss for twelve months or more. Asset-backed securities are comprised of collateralized loan obligations, which are debt securities backed by pools of senior secured commercial loans to a diverse group of companies across a broad spectrum of industries. At June 30, 2020, the Company only owned collateralized loan obligations that were AAA rated. All of the debt securities in unrealized loss positions are considered acceptable credit risks. Based upon an evaluation of the available evidence, including the recent changes in market rates, credit rating information and information obtained from regulatory filings, management believes the declines in fair value for these debt securities are temporary. In addition, the Company lacks the intent to sell these securities and it is not more-likely-than-not that the Company will be required to sell these debt securities before their anticipated recovery. The Company did not recognize OTTI on any investment securities for the three or six months ended June 30, 2020 and 2019. All sales of securities for the three and six months ended June 30, 2020 and June 30, 2019 were securities identified as AFS. Three and Six Months Ended June 30, 2020 June 30, 2019 (dollars in thousands) Proceeds from sales of securities $ 6,327 $ 4,661 Gross gains from sales of securities 134 — Gross losses from sales of securities (69) (52) The amortized cost and fair value of securities as of June 30, 2020 by contractual maturity are shown below. Expected maturities of residential mortgage-backed and related securities and asset-backed securities may differ from contractual maturities because the residential mortgages underlying the securities may be prepaid without any penalties. Therefore, these securities are not included in the maturity categories in the following table. Amortized Cost Fair Value (dollars in thousands) Securities HTM: Due in one year or less $ 3,448 $ 3,469 Due after one year through five years 35,903 36,526 Due after five years 386,625 405,073 $ 425,976 $ 445,068 Securities AFS: Due in one year or less $ 1,921 $ 1,903 Due after one year through five years 14,976 15,411 Due after five years 116,704 120,124 133,601 137,438 Residential mortgage-backed and related securities 138,044 145,672 Asset-backed securities 39,712 39,797 $ 311,357 $ 322,907 Portions of the U.S. government sponsored agency securities, municipal securities and other 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 (dollars in thousands) Securities HTM: Municipal securities $ 202,436 $ 205,736 Securities AFS: Municipal securities 84,011 86,534 Other securities 4,500 4,650 $ 88,511 $ 91,184 As of June 30, 2020, the Company's municipal securities portfolios were comprised of general obligation bonds issued by 97 issuers with fair values totaling $83.3 million and revenue bonds issued by 170 issuers, primarily consisting of states, counties, towns, villages and school districts with fair values totaling $462.0 million. The Company held investments in general obligation bonds in 23 states, including seven states in which the aggregate fair value exceeded $5.0 million. The Company held investments in revenue bonds in 22 states, including 12 states in which the aggregate fair value exceeded $5.0 million. As of December 31, 2019, the Company's municipal securities portfolios were comprised of general obligation bonds issued by 93 issuers with fair values totaling $77.2 million and revenue bonds issued by 154 issuers, primarily consisting of states, counties, towns, villages and school districts with fair values totaling $396.6 million. The Company held investments in general obligation bonds in 22 states, including six Both general obligation and revenue bonds are diversified across many issuers. As of June 30, 2020 the Company did not hold any revenue bonds of one single issuer of which the aggregate book or market value exceeded 5% of the Company’s stockholders’ equity. As of December 31, 2019, the Company held revenue bonds of one single issuer, located in Ohio, of which the aggregate book or market value exceeded 5% of the Company’s stockholders’ equity. The issuer’s financial condition is strong and the source of repayment is diversified. The Company monitors the investment and concentration closely. Of the general obligation and revenue bonds in the Company's portfolio, the majority are unrated bonds that represent small, private issuances. All unrated bonds were underwritten according to loan underwriting standards and have an average loan risk rating of 2, indicating very high quality. Additionally, many of these bonds are funding essential municipal services such as water, sewer, education, and medical facilities. The Company's municipal securities are owned by each of the four charters, whose investment policies set forth limits for various subcategories within the municipal securities portfolio. Each charter is monitored individually, and as of June 30, 2020, all were within policy limitations approved by the board of directors. Policy limits are calculated as a percentage of each charter's total risk-based capital. As of June 30, 2020, the Company's standard monitoring of its municipal securities portfolio had not uncovered any facts or circumstances resulting in significantly different credit ratings than those assigned by a nationally recognized statistical rating organization, or in the case of unrated bonds, the rating assigned using the credit underwriting standards.

NOTE 3 - LOANS_LEASES RECEIVABL

NOTE 3 - LOANS/LEASES RECEIVABLE	6 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE	Jun. 30, 2020
Notes to Financial Statements
LOANS/LEASES RECEIVABLE	NOTE 3 – LOANS/LEASES RECEIVABLE The composition of the loan/lease portfolio as of June 30, 2020 and December 31, 2019 is presented as follows: 2020 2019 (dollars in thousands) C&I loans* $ 1,850,110 $ 1,507,825 CRE loans Owner-occupied CRE 467,537 443,989 Commercial construction, land development, and other land 441,364 378,797 Other non owner-occupied CRE 960,261 913,610 1,869,162 1,736,396 Direct financing leases 79,105 87,869 Residential real estate loans * 241,069 239,904 Installment and other consumer loans 99,150 109,352 4,138,596 3,681,346 Plus deferred loan/lease origination costs, net of fees 1,663 8,859 4,140,259 3,690,205 Less allowance (60,827) (36,001) $ 4,079,432 $ 3,654,204 ** Direct financing leases: Net minimum lease payments to be received $ 87,389 $ 97,025 Estimated unguaranteed residual values of leased assets 616 547 Unearned lease/residual income (8,900) (9,703) 79,105 87,869 Plus deferred lease origination costs, net of fees 1,448 1,892 80,553 89,761 Less allowance (1,639) (1,464) $ 78,914 $ 88,297 * Includes equipment financing agreements outstanding at m2, totaling $153.7 million and $142.0 million as of June 30, 2020 and December 31, 2019, respectively. 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. * Includes residential real estate loans held for sale totaling $8.3 million and $3.7 million as of June 30, 2020 and December 31, 2019, respectively. Changes in accretable yield for acquired loans were as follows: Three months ended June 30, 2020 Six months ended June 30, 2020 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (59) $ (5,725) $ (5,784) $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable — — — (30) — (30) Accretion recognized 1 790 791 29 1,443 1,472 Balance at the end of the period $ (58) $ (4,935) $ (4,993) $ (58) $ (4,935) $ (4,993) Three months ended June 30, 2019 Six months ended June 30, 2019 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (319) $ (9,301) $ (9,620) $ (667) $ (10,127) $ (10,794) Reclassification of nonaccretable discount to accretable (159) — (159) (159) — (159) Accretion recognized 327 812 1,139 675 1,638 2,313 Balance at the end of the period $ (151) $ (8,489) $ (8,640) $ (151) $ (8,489) $ (8,640) The aging of the loan/lease portfolio by classes of loans/leases as of June 30, 2020 and December 31, 2019 is presented as follows: As of June 30, 2020 Accruing Past 30-59 Days 60-89 Days Due 90 Days or Nonaccrual Classes of Loans/Leases Current Past Due Past Due More Loans/Leases Total (dollars in thousands) C&I $ 1,846,417 $ 1,650 $ 311 $ 62 $ 1,670 $ 1,850,110 CRE Owner-Occupied CRE 467,032 — 185 — 320 467,537 Commercial Construction, Land Development, and Other Land 441,336 28 — — — 441,364 Other Non Owner-Occupied CRE 950,993 1,776 — — 7,492 960,261 Direct Financing Leases 77,637 277 151 — 1,040 79,105 Residential Real Estate 239,729 — 404 — 936 241,069 Installment and Other Consumer 98,435 11 27 37 640 99,150 $ 4,121,579 $ 3,742 $ 1,078 $ 99 $ 12,099 $ 4,138,596 As a percentage of total loan/lease portfolio 99.59 % 0.09 % 0.03 % — % 0.29 % 100.00 % As of December 31, 2019 Accruing Past 30-59 Days 60-89 Days Due 90 Days or Nonaccrual Classes of Loans/Leases Current Past Due Past Due More Loans/Leases Total (dollars in thousands) C&I $ 1,499,891 $ 6,126 $ 572 $ — $ 1,236 $ 1,507,825 CRE Owner-Occupied CRE 443,707 177 71 — 34 443,989 Commercial Construction, Land Development, and Other Land 375,940 2,857 — — — 378,797 Other Non Owner-Occupied CRE 909,684 73 — — 3,853 913,610 Direct Financing Leases 85,636 463 253 — 1,517 87,869 Residential Real Estate 235,845 2,939 414 — 706 239,904 Installment and Other Consumer 108,750 3 10 33 556 109,352 $ 3,659,453 $ 12,638 $ 1,320 $ 33 $ 7,902 $ 3,681,346 As a percentage of total loan/lease portfolio 99.41 % 0.34 % 0.04 % 0.00 % 0.21 % 100.00 % NPLs by classes of loans/leases as of June 30, 2020 and December 31, 2019 are presented as follows: As of June 30, 2020 Accruing Past Due 90 Days or Nonaccrual Percentage of Classes of Loans/Leases More Loans/Leases Accruing TDRs Total NPLs Total NPLs (dollars in thousands) C&I $ 62 $ 1,670 $ 652 $ 2,384 18.17 % CRE Owner-Occupied CRE — 320 — 320 2.44 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 7,492 — 7,492 57.12 % Direct Financing Leases — 1,040 268 1,308 9.97 % Residential Real Estate — 936 — 936 7.14 % Installment and Other Consumer 37 640 — 677 5.16 % $ 99 $ 12,099 $ 920 $ 13,118 100.00 % Nonaccrual loans/leases included $352 thousand of TDRs, including $129 thousand in commercial and industrial loans, $138 thousand in direct financing leases, $31 thousand in residential real estate loans, and $54 thousand in installment loans. As of December 31, 2019 Accruing Past Due 90 Days or Nonaccrual Percentage of Classes of Loans/Leases More Loans/Leases Accruing TDRs Total NPLs Total NPLs (dollars in thousands) C&I $ — $ 1,236 $ 646 $ 1,882 21.12 % CRE Owner-Occupied CRE — 34 — 34 0.38 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 3,853 — 3,853 43.22 % Direct Financing Leases — 1,517 333 1,850 20.75 % Residential Real Estate — 706 — 706 7.92 % Installment and Other Consumer 33 556 — 589 6.61 % $ 33 $ 7,902 $ 979 $ 8,914 100.00 % Nonaccrual loans/leases included $747 thousand of TDRs, including $98 thousand in C&I loans, $269 thousand in CRE loans, $294 thousand in direct financing leases, $31 thousand in residential real estate loans, and $55 thousand in installment loans. Changes in the allowance by portfolio segment for the three and six months ended June 30, 2020 and 2019, respectively, are presented as follows: Three Months Ended June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 18,151 $ 19,269 $ 1,303 $ 2,313 $ 1,197 $ 42,233 Provisions charged to expense 7,859 10,365 887 697 107 19,915 Loans/leases charged off (340) (511) (595) — (4) (1,450) Recoveries on loans/leases previously charged off 78 — 44 — 7 129 Balance, ending $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Three Months Ended June 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 17,260 $ 18,303 $ 1,606 $ 2,538 $ 1,457 $ 41,164 Provisions (credits) charged to expense 1,116 414 331 86 (6) 1,941 Loans/leases charged off (193) (1,369) (497) (73) (20) (2,152) Recoveries on loans/leases previously charged off 65 15 19 31 21 151 Balance, ending $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 Six Months Ended June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 16,072 $ 15,379 $ 1,464 $ 1,948 $ 1,138 $ 36,001 Provisions charged to expense 11,556 14,181 1,281 1,033 231 28,282 Loans/leases charged off (1,979) (511) (1,195) — (100) (3,785) Recoveries on loans/leases previously charged off 99 74 89 29 38 329 Balance, ending $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Six Months Ended June 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 16,420 $ 17,719 $ 1,792 $ 2,557 $ 1,359 $ 39,847 Provisions (credits) charged to expense 2,123 948 776 68 160 4,075 Loans/leases charged off (527) (1,369) (1,149) (73) (94) (3,212) Recoveries on loans/leases previously charged off 232 65 40 30 27 394 Balance, ending $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 The allowance by impairment evaluation and by portfolio segment as of June 30, 2020 and December 31, 2019 is presented as follows: As of June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ 341 $ 1,692 $ 20 $ 23 $ 78 $ 2,154 Allowance for nonimpaired loans/leases 25,407 27,431 1,619 2,987 1,229 58,673 $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Impaired loans/leases $ 2,547 $ 7,815 $ 1,419 $ 884 $ 640 $ 13,305 Nonimpaired loans/leases 1,847,563 1,861,347 77,686 240,185 98,510 4,125,291 $ 1,850,110 $ 1,869,162 $ 79,105 $ 241,069 $ 99,150 $ 4,138,596 Allowance as a percentage of impaired loans/leases 13.39 % 21.65 % 1.41 % 2.60 % 12.19 % 16.19 % Allowance as a percentage of nonimpaired loans/leases 1.38 % 1.47 % 2.08 % 1.24 % 1.25 % 1.42 % Total allowance as a percentage of total loans/leases 1.39 % 1.56 % 2.07 % 1.25 % 1.32 % 1.47 % As of December 31, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ 170 $ 125 $ 270 $ 15 $ 80 $ 660 Allowance for nonimpaired loans/leases 15,902 15,254 1,194 1,933 1,058 35,341 $ 16,072 $ 15,379 $ 1,464 $ 1,948 $ 1,138 $ 36,001 Impaired loans/leases $ 1,846 $ 3,585 $ 2,025 $ 649 $ 556 $ 8,661 Nonimpaired loans/leases 1,505,979 1,732,811 85,844 239,255 108,796 3,672,685 $ 1,507,825 $ 1,736,396 $ 87,869 $ 239,904 $ 109,352 $ 3,681,346 Allowance as a percentage of impaired loans/leases 9.21 % 3.49 % 13.33 % 2.31 % 14.41 % 7.62 % Allowance as a percentage of nonimpaired loans/leases 1.06 % 0.88 % 1.39 % 0.81 % 0.97 % 0.96 % Total allowance as a percentage of total loans/leases 1.07 % 0.89 % 1.67 % 0.81 % 1.04 % 0.98 % 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 six months ended June 30, 2020 are presented as follows: Six Months Ended June 30, 2020 Interest Income Average Recognized for Recorded Unpaid Principal Related Recorded Interest Income Cash Payments Classes of Loans/Leases Investment Balance Allowance Investment Recognized Received (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,978 $ 2,051 $ — $ 1,512 $ 25 $ 25 CRE Owner-Occupied CRE 320 577 — 128 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 965 965 — 742 14 14 Direct Financing Leases 1,364 1,364 — 1,379 11 11 Residential Real Estate 624 652 — 474 — — Installment and Other Consumer 562 562 — 525 — — $ 5,813 $ 6,171 $ — $ 4,760 $ 50 $ 50 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 569 $ 569 $ 341 $ 479 $ — $ — CRE Owner-Occupied CRE — — — — — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 6,530 6,530 1,692 5,329 — — Direct Financing Leases 55 55 20 59 — — Residential Real Estate 260 260 23 206 — — Installment and Other Consumer 78 78 78 67 — — $ 7,492 $ 7,492 $ 2,154 $ 6,140 $ — $ — Total Impaired Loans/Leases: C&I $ 2,547 $ 2,620 $ 341 $ 1,991 $ 25 $ 25 CRE Owner-Occupied CRE 320 577 — 128 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 7,495 7,495 1,692 6,071 14 14 Direct Financing Leases 1,419 1,419 20 1,438 11 11 Residential Real Estate 884 912 23 680 — — Installment and Other Consumer 640 640 78 592 — — $ 13,305 $ 13,663 $ 2,154 $ 10,900 $ 50 $ 50 Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three months ended June 30, 2020 and 2019 are presented as follows: Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 Interest Income Interest Income Average Recognized for Average Recognized for Recorded Interest Income Cash Payments Recorded Interest Income Cash Payments Classes of Loans/Leases Investment Recognized Received Investment Recognized Received (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,742 $ 13 $ 13 $ 1,683 $ 29 $ 29 CRE Owner-Occupied CRE 174 — — 194 7 7 Commercial Construction, Land Development, and Other Land — — — 603 6 6 Other Non Owner-Occupied CRE 978 7 7 3,985 22 22 Direct Financing Leases 1,411 6 6 1,795 7 7 Residential Real Estate 524 — — 801 — — Installment and Other Consumer 550 — — 816 3 3 $ 5,379 $ 26 $ 26 $ 9,877 $ 74 $ 74 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 568 $ — $ — $ 2,046 $ 9 $ 9 CRE Owner-Occupied CRE — — — 127 — — Commercial Construction, Land Development, and Other Land — — — 143 — — Other Non Owner-Occupied CRE 6,560 — — 1,980 — — Direct Financing Leases 57 — — 227 — — Residential Real Estate 220 — — 822 1 1 Installment and Other Consumer 70 — — 150 — — $ 7,475 $ — $ — $ 5,495 $ 10 $ 10 Total Impaired Loans/Leases: C&I $ 2,310 $ 13 $ 13 $ 3,729 $ 38 $ 38 CRE Owner-Occupied CRE 174 — — 321 7 7 Commercial Construction, Land Development, and Other Land — — — 746 6 6 Other Non Owner-Occupied CRE 7,538 7 7 5,965 22 22 Direct Financing Leases 1,468 6 6 2,022 7 7 Residential Real Estate 744 — — 1,623 1 1 Installment and Other Consumer 620 — — 966 3 3 $ 12,854 $ 26 $ 26 $ 15,372 $ 84 $ 84 Loans/leases, by classes of financing receivable, considered to be impaired as of December 31, 2019 are presented as follows: Unpaid Recorded Principal Related Classes of Loans/Leases Investment Balance Allowance (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,607 $ 1,647 $ — CRE Owner-Occupied CRE 34 50 — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 684 686 — Direct Financing Leases 1,642 1,642 — Residential Real Estate 469 614 — Installment and Other Consumer 476 476 — $ 4,912 $ 5,115 $ — Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 239 $ 239 $ 170 CRE Owner-Occupied CRE — — — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 2,867 2,867 125 Direct Financing Leases 383 383 270 Residential Real Estate 180 180 15 Installment and Other Consumer 80 80 80 $ 3,749 $ 3,749 $ 660 Total Impaired Loans/Leases: C&I $ 1,846 $ 1,886 $ 170 CRE Owner-Occupied CRE 34 50 — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 3,551 3,553 125 Direct Financing Leases 2,025 2,025 270 Residential Real Estate 649 794 15 Installment and Other Consumer 556 556 80 $ 8,661 $ 8,864 $ 660 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 months, at a minimum, and on an as-needed basis depending on the specific circumstances of the loan. For certain C&I loans (equipment financing agreements), 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 June 30, 2020 and December 31, 2019: As of June 30, 2020 CRE Non-Owner Occupied Commercial Construction, Land Owner-Occupied Development, As a % of Internally Assigned Risk Rating C&I CRE and Other Land Other CRE Total Total (dollars in thousands) Pass (Ratings 1 through 5) $ 1,643,654 $ 463,570 $ 430,206 $ 883,724 $ 3,421,154 95.95 % Special Mention (Rating 6) 29,046 857 11,158 63,547 104,608 2.93 % Substandard (Rating 7) 23,755 3,110 — 12,990 39,855 1.12 % Doubtful (Rating 8) — — — — — — % $ 1,696,455 $ 467,537 $ 441,364 $ 960,261 $ 3,565,617 100.00 % As of June 30, 2020 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 151,242 $ 77,797 $ 240,133 $ 98,472 $ 567,644 99.07 % Nonperforming 2,413 1,308 936 678 5,335 0.93 % $ 153,655 $ 79,105 $ 241,069 $ 99,150 $ 572,979 100.00 % As of December 31, 2019 CRE Non-Owner Occupied Commercial Construction, Land Owner-Occupied Development, As a % of Internally Assigned Risk Rating C&I CRE and Other Land Other CRE Total Total (dollars in thousands) Pass (Ratings 1 through 5) $ 1,334,446 $ 439,418 $ 378,572 $ 896,206 $ 3,048,642 98.28 % Special Mention (Rating 6) 12,962 3,044 41 3,905 19,952 0.65 % Substandard (Rating 7) 18,439 1,527 184 13,499 33,649 1.09 % Doubtful (Rating 8) — — — — — 0.01 % $ 1,365,847 $ 443,989 $ 378,797 $ 913,610 $ 3,102,243 100.00 % As of December 31, 2019 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 140,992 $ 86,019 $ 239,198 $ 108,763 $ 574,972 99.29 % Nonperforming 986 1,850 706 589 4,131 0.71 % $ 141,978 $ 87,869 $ 239,904 $ 109,352 $ 579,103 100.00 % * 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. As of June 30, 2020 and December 31, 2019, TDRs totaled $1.3 million and $1.7 million, respectively. 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 and six months ended June 30, 2020 and 2019. The difference between the pre-modification recorded investment and the post-modification recorded investment would be any partial charge-offs at the time of the restructuring. For the three months ended June 30, 2020 For the three months ended June 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Specific Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C&I — $ — $ — $ — 1 $ 52 $ 52 $ — Direct Financing Leases 2 78 78 — — — — — 2 $ 78 $ 78 $ — 1 $ 52 $ 52 $ — CONCESSION - Forgiveness of Principal C&I — $ — $ — $ — 1 $ 587 $ 537 $ — — $ — $ — $ — 1 $ 587 $ 537 $ — TOTAL 2 $ 78 $ 78 $ — 2 $ 639 $ 589 $ — For the six months ended June 30, 2020 For the six months ended June 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Specific Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C & I 2 $ 111 $ 111 $ — 2 $ 71 $ 71 $ — Direct Financing Leases 3 145 145 — 3 103 103 5 5 $ 256 $ 256 $ — 5 $ 174 $ 174 $ 5 CONCESSION - Forgiveness of Principal C & I — $ — $ — $ — 1 587 537 — TOTAL 5 $ 256 $ 256 $ — 6 $ 761 $ 711 $ 5 Of the loans restructured during the six months ended June 30, 2020, none were on nonaccrual. Of the loans restructured during the six months ended June 30, 2019, two with post-modification recorded balances of $65 thousand were on nonaccrual. For the three months ended June 30, 2020, two of the Company's TDRs redefaulted within 12 months subsequent to restructure, where default is defined as delinquency of 90 days or more and/or placement on nonaccrual status. These TDRs were related to one equipment financing agreement customer whose loans were restructured in fourth quarter of 2019 with pre-modification balances totaling $93 thousand. For the six months ended June 30, 2020, three of the Company's TDRs redefaulted within 12 months subsequent to restructure, where default is defined as delinquency of 90 days or more and/or placement on nonaccrual status. These TDRs included the two that defaulted in the current quarter as well as a lease that was restructured in the fourth quarter of 2019 with pre-modification balances totaling $55 thousand. For the three and six months ended June 30, 2019, Not included in the table above, the Company had seven TDRs that were restructured and charged off for the six months ended June 30, 2020, totaling $354 thousand. The Company had three TDRs that were restructured and charged off for the six months ended June 30, 2019, totaling $161 thousand. On March 22, 2020, federal banking regulators issued an interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed in working with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. In addition, the CARES Act provides financial institutions the option to temporarily suspend certain requirements under GAAP related to TDRs for a limited period of time to account for the effects of COVID-19. To be eligible, the modification must be related to COVID-19, existing loan could not be more than 30 days past due as of December 31, 2019 and modification executed between March 1, 2020 and earlier of 60 days after the termination of the National Emergency or December 31, 2020. If a modification does not meet the criteria of the CARES act, a deferral can still be excluded from TDR treatment as long as the modifications meet the FASB criteria discussed in the preceding paragraph. The Company implemented its LRP offering to extend qualifying customers’ payments for 90 days. As of June 30, 2020, the program has provided 1,466 Bank modifications of loans to commercial and consumer clients totaling $491 million and 935 m2 modifications of loans and leases totaling $53 million, representing 11.86% and 1.2% of the total loan and lease portfolio, respectively.

NOTE 4 - DERIVATIVES AND HEDGIN

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	6 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	Jun. 30, 2020
Notes to Financial Statements
DERIVATIVES AND HEDGING ACTIVITIES	NOTE 4 – DERIVATIVES AND HEDGING ACTIVITIES The Company uses interest rate swap and cap instruments to manage interest rate risk related to the variability of interest payments due to changes in interest rates. The Company entered into interest rate caps in December 2019 to hedge against the risk of rising interest rates on liabilities. The liabilities consist of $375.0 million of deposits and the benchmark rates hedged vary at 1-month LIBOR, 3-month LIBOR and Prime. The interest rate caps are designated as cash flow hedges in accordance with ASC 815. An initial premium of $4.3 million was paid upfront for the caps executed in 2019. The details of the interest rate caps are as follows: Balance Sheet Fair Value as of Hedged Item Effective Date Maturity Date Location Notional Amount Strike Rate June 30, 2020 December 31, 2019 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 13 $ 112 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 26 218 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.90 12 96 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 13 109 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 26 214 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 52 401 Deposits 2/1/2020 2/1/2024 Other Assets 25,000 1.90 26 202 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 26 201 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 48 337 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 97 617 Deposits 3/1/2020 3/1/2025 Other Assets 25,000 1.90 50 332 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 48 309 $ 375,000 $ 437 $ 3,148 The Company has entered into interest rate swaps to hedge against the risk of rising rates on its rolling fixed rate short-term FHLB advances or brokered CDs and its variable rate trust preferred securities. All of the interest rate swaps are designated as cash flow hedges in accordance with ASC 815. The details of the interest rate swaps are as follows: Balance Sheet Fair Value as of Hedged Item Effective Date Maturity Date Location Notional Amount Receive Rate Pay Rate June 30, 2020 December 31, 2019 (dollars in thousands) CRBT - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities $ 30,000 0.31 % 1.12 % $ (730) $ - SFCB - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities 10,000 0.32 % 0.95 % (200) - QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.16 % 5.85 % (2,051) (971) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.16 % 5.85 % (1,641) (777) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 2.77 % 4.54 % (1,993) (944) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.48 % 5.17 % (613) (291) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 2.06 % 4.75 % (715) (339) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 2.06 % 4.75 % (919) (436) $ 79,000 1.92 % 5.24 % $ (8,862) $ (3,758) Changes in fair values of derivative financial instruments accounted for as cash flow hedges, to the extent that they are included in the assessment of effectiveness, are recorded as a component of AOCI. The Company has also entered into interest rate swap contracts that are not designated as hedging instruments. These derivative contracts relate to transactions in which the Company enters into an interest rate swap with a customer while at the same time entering into an equal and offsetting interest rate swap with a third party financial institution. Additionally, the Company receives an upfront fee from the counterparty, dependent upon the pricing that is recognized upon receipt from the counterparty. Because the Company acts as an intermediary for the customer, changes in the fair value of the underlying derivative contracts, for the most part, offset each other and do not significantly impact the Company’s results of operations. Interest rate swaps that are not designated as hedging instruments are summarized as follows: June 30, 2020 December 31, 2019 Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value (dollars in thousands) Non-Hedging Interest Rate Derivatives Assets: Interest rate swap contracts $ 1,100,913 $ 224,727 $ 787,221 $ 84,679 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 1,100,913 $ 224,727 $ 787,221 $ 84,679 Swap fee income totaled $19.9 million and $7.9 million for the three months ended June 30, 2020 and 2019, respectively. Swap fee income totaled $26.7 million and $11.1 million for the six months ended June 30, 2020 and 2019, respectively. The Company’s hedged interest rate swaps and non-hedged interest rate swaps are collateralized with cash and investment securities with carrying values as follows: June 30, 2020 December 31, 2019 (dollars in thousands) Cash $ 80,250 $ 10,990 U.S govt. sponsored agency securities 3,657 3,541 Municipal securities 41,863 68,089 Residential mortgage-backed and related securities 107,190 27,027 $ 232,960 $ 109,647 The Company may be exposed to credit risk in the event of non-performance by the counterparties to its interest rate derivative agreements. The Company assesses the credit risk of its financial institution counterparties by monitoring publicly available credit rating and financial information. Additionally, the Company enters into interest rate derivatives only with primary and highly rated counterparties, and uses ISDA master agreements, central clearing mechanisms and counterparty limits. The ISDA master agreements contain bilateral collateral agreements with the amount of collateral to be posted generally governed by the settlement value of outstanding swaps. The Company manages the risk of default by its borrower counterparties through its normal loan underwriting and credit monitoring policies and procedures. The Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations.

NOTE 5 - EARNINGS PER SHARE

NOTE 5 - EARNINGS PER SHARE	6 Months Ended
NOTE 5 - EARNINGS PER SHARE	Jun. 30, 2020
Notes to Financial Statements
EARNINGS PER SHARE	NOTE 5 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis: Three months ended Six months ended June 30, June 30, 2020 2019 2020 2019 (dollars in thousands, except share data) Net income $ 13,739 $ 13,504 $ 24,967 $ 26,422 Basic EPS $ 0.87 $ 0.86 $ 1.58 $ 1.68 Diluted EPS $ 0.86 $ 0.85 $ 1.56 $ 1.66 Weighted average common shares outstanding 15,747,056 15,714,588 15,771,926 15,703,967 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 148,280 223,789 185,032 226,692 Weighted average common and common equivalent shares outstanding 15,895,336 15,938,377 15,956,958 15,930,659

NOTE 6 - FAIR VALUE

NOTE 6 - FAIR VALUE	6 Months Ended
NOTE 6 - FAIR VALUE	Jun. 30, 2020
FAIR VALUE
FAIR VALUE	NOTE 6 – FAIR VALUE 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 levels and is based upon the valuation techniques used to measure assets and liabilities. The three levels are as follows: ● 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 June 30, 2020 and December 31, 2019: 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) (dollars in thousands) June 30, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 17,472 $ — $ 17,472 $ — Residential mortgage-backed and related securities 145,672 — 145,672 — Municipal securities 101,266 — 101,266 — Asset-backed securities 39,797 — 39,797 — Other securities 18,700 — 18,700 — Derivatives 225,164 — 225,164 — Total assets measured at fair value $ 548,071 $ — $ 548,071 $ — Derivatives $ 233,589 $ — $ 233,589 $ — Total liabilities measured at fair value $ 233,589 $ — $ 233,589 $ — December 31, 2019: Securities AFS: U.S. govt. sponsored agency securities $ 20,078 $ — $ 20,078 $ — Residential mortgage-backed and related securities 120,587 — 120,587 — Municipal securities 48,257 — 48,257 — Asset-backed securities 16,887 — 16,887 — Other securities 4,886 — 4,886 — Derivatives 87,827 — 87,827 — Total assets measured at fair value $ 298,522 $ — $ 298,522 $ — Derivatives $ 88,437 $ — $ 88,437 $ — Total liabilities measured at fair value $ 88,437 $ — $ 88,437 $ — The securities AFS 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 inputs). Interest rate caps are used for the purpose of hedging interest rate risk. The interest rate caps are further described in Note 4 to the Consolidated Financial Statements. The fair values are determined by pricing models that consider observable market data for derivative instruments with similar structures (Level 2 inputs). Interest rate swaps are used for the purpose of hedging interest rate risk on FHLB advances, brokered deposits and junior subordinated debt. The interest rate swaps are further described in Note 4 to the Consolidated Financial Statements. The fair values are determined by comparing the contract rate on the swap with the then-current market rate for the remaining term of the transaction (Level 2 inputs). Interest rate swaps are also executed for select commercial customers. The interest rate swaps are further described in Note 4 to the Consolidated Financial Statements. The fair values are determined by comparing the contract rate on the swap with the then-current market rate for the remaining term of the transaction (Level 2 inputs). 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 June 30, 2020 and December 31, 2019: 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 (dollars in thousands) June 30, 2020: Impaired loans/leases $ 5,821 $ — $ — $ 5,821 OREO 170 — — 170 $ 5,991 $ — $ — $ 5,991 December 31, 2019: Impaired loans/leases $ 3,394 $ — $ — $ 3,394 OREO 4,459 — — 4,459 $ 7,853 $ — $ — $ 7,853 Impaired loans/leases are evaluated and valued at the time the loan/lease is identified as impaired, at the lower of cost or fair value, and are classified as Level 3 in the fair value hierarchy. Fair value is measured based on the value of the collateral securing these loans/leases. Collateral may be real estate and/or business assets, including equipment, inventory and/or accounts receivable, and is determined based on appraisals by qualified licensed appraisers hired by the Company. Appraised and reported values are discounted based on management's historical knowledge, changes in market conditions from the time of valuation, and/or management's expertise and knowledge of the client and client's business. 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 in the fair value hierarchy. The estimated fair value of the property is determined based on appraisals by qualified licensed appraisers hired by the Company. Appraised and reported values are discounted based on management's historical knowledge, changes in market conditions from the time of valuation, and/or management's expertise and knowledge of the property. 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 inputs to determine fair value: Quantitative Information about Level Fair Value Measurements Fair Value Fair Value June 30, December 31, 2020 2019 Valuation Technique Unobservable Input Range (dollars in thousands) Impaired loans/leases $ 5,821 $ 3,394 Appraisal of collateral Appraisal adjustments (10.00) % to (30.00) % OREO 170 4,459 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 or liabilities measured at fair value during the three and six months ended June 30, 2020 and 2019. 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 June 30, 2020 As of December 31, 2019 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value (dollars in thousands) Cash and due from banks Level 1 $ 88,577 $ 88,577 $ 76,254 $ 76,254 Federal funds sold Level 2 2,125 2,125 9,800 9,800 Interest-bearing deposits at financial institutions Level 2 140,775 140,775 147,891 147,891 Investment securities: HTM Level 2 425,976 445,068 400,646 426,545 AFS * 322,907 322,907 210,695 210,695 Loans/leases receivable, net Level 3 5,390 5,821 3,143 3,394 Loans/leases receivable, net Level 2 4,074,042 4,049,076 3,651,061 3,606,520 Derivatives Level 2 225,164 225,164 87,827 87,827 Deposits: Nonmaturity deposits Level 2 3,674,337 3,674,337 3,184,726 3,184,726 Time deposits Level 2 675,438 682,827 726,325 742,444 Short-term borrowings Level 2 124,818 124,818 13,423 13,423 FHLB advances Level 2 145,000 146,788 159,300 159,193 Subordinated notes Level 2 68,516 68,705 68,394 68,563 Junior subordinated debentures Level 2 37,916 30,458 37,838 30,477 Derivatives Level 2 233,589 233,589 88,437 88,437 *See previous table in Note 2 .

NOTE 7 - BUSINESS SEGMENT INFOR

NOTE 7 - BUSINESS SEGMENT INFORMATION	6 Months Ended
NOTE 7 - BUSINESS SEGMENT INFORMATION	Jun. 30, 2020
Notes to Financial Statements
BUSINESS SEGMENT INFORMATION	NOTE 7 – BUSINESS SEGMENT INFORMATION 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 segments comprised of the four held for investment subsidiary banks wholly owned by the Company: QCBT, CRBT, CSB, and SFC Bank. Each of these secondary segments offers similar products and services, but is managed separately due to different pricing, product demand, and consumer markets. Each offers commercial, consumer, and mortgage loans and deposit services. The Company's Wealth Management segment represents the trust, asset management, investment management and advisory services offered at the Company's subsidiary banks and the Bates Companies in aggregate. This segment generates income primarily from fees charged based on assets under administration for corporate and personal trusts, custodial services, and investments managed. No assets of the subsidiary banks have been allocated to the Wealth Management segment. The Company's All Other segment includes the corporate operations of the parent and operations of all other consolidated subsidiaries and/or defined operating segments that fall below the segment reporting thresholds. The financial results for RB&T prior to the sale of the majority of its assets and liabilities at November 30, 2019 are also included in the Company’s All Other Segment as are the assets held for sale at June 30, 2020. Selected financial information on the Company's business segments is presented as follows as of and for the three and six months ended June 30, 2020 and 2019. Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB SFC Bank Management All other Eliminations Total (dollars in thousands) Three Months Ended June 30, 2020 Total revenue $ 19,727 $ 34,612 $ 9,752 $ 9,533 $ 3,627 $ 17,813 $ (17,788) $ 77,276 Net interest income 15,653 12,820 7,538 6,201 — (1,509) 245 40,948 Provision for loan/lease losses 7,539 7,160 2,811 2,405 — — — 19,915 Net income (loss) from continuing operations 3,307 10,580 591 1,899 986 13,797 (17,421) 13,739 Goodwill 3,223 14,980 9,888 45,975 — 182 — 74,248 Intangibles — 2,437 3,643 6,344 — 1,448 — 13,872 Total assets 1,984,245 2,021,043 903,648 745,470 — 715,740 (765,385) 5,604,761 Three Months Ended June 30, 2019 Total revenue $ 20,374 $ 23,575 $ 9,730 $ 7,757 $ 4,249 $ 23,431 $ (17,870) $ 71,246 Net interest income 12,632 10,785 7,294 5,425 — 1,877 — 38,013 Provision for loan/lease losses 973 300 151 485 — 32 — 1,941 Net income (loss) from continuing operations 4,505 6,928 2,207 2,079 583 14,369 (17,167) 13,504 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,935 4,328 7,268 — 1,558 — 16,089 Total assets 1,637,115 1,527,521 806,704 671,644 — 1,164,901 (613,033) 5,194,852 Six Months Ended June 30, 2020 Total revenue $ 39,227 $ 56,607 $ 19,802 $ 18,224 $ 7,665 $ 33,431 $ (33,502) $ 141,454 Net interest income 30,080 24,206 15,038 11,843 — (2,998) 477 78,646 Provision for loan/lease losses 10,722 9,410 4,775 3,375 — — — 28,282 Net income (loss) 8,210 16,957 1,629 4,105 1,806 24,934 (32,674) 24,967 Goodwill 3,223 14,980 9,888 45,975 — 182 — 74,248 Intangibles — 2,437 3,643 6,344 — 1,448 — 13,872 Total assets 1,984,245 2,021,043 903,648 745,470 — 715,740 (765,385) 5,604,761 Six Months Ended June 30, 2019 Total revenue $ 38,918 $ 42,819 $ 19,000 $ 15,045 $ 8,478 $ 43,609 $ (32,528) $ 135,341 Net interest income 24,771 21,193 14,260 10,651 — 4,046 — 74,921 Provision for loan/lease losses 1,993 725 301 985 — 71 — 4,075 Net income (loss) from continuing operations 8,690 12,028 4,363 3,732 1,741 27,485 (31,617) 26,422 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,935 4,328 7,268 — 1,558 — 16,089 Total assets 1,637,115 1,527,521 806,704 671,644 — 1,164,901 (613,033) 5,194,852

NOTE 8 - REGULATORY CAPITAL REQ

NOTE 8 - REGULATORY CAPITAL REQUIREMENTS	6 Months Ended
NOTE 8 - REGULATORY CAPITAL REQUIREMENTS	Jun. 30, 2020
Notes to Financial Statements
REGULATORY CAPITAL REQUIREMENTS	NOTE 8 – REGULATORY CAPITAL REQUIREMENTS 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 and Tier 1 capital to risk-weighted assets and of Tier 1 capital to average assets, each as defined by regulation. Management believes, as of June 30, 2020 and December 31, 2019, that the Company and the subsidiary banks met all capital adequacy requirements to which they are subject. Under the regulatory framework for prompt corrective action, to be categorized as “well capitalized,” an institution must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 leverage and common equity Tier 1 ratios as set forth in the following tables. The Company and the subsidiary banks' actual capital amounts and ratios as of June 30, 2020 and December 31, 2019 are presented in the following table (dollars in thousands). As of June 30, 2020 and December 31, 2019, each of the subsidiary banks met the requirements to be “well capitalized”. For Capital To Be Well Adequacy Purposes Capitalized Under For Capital With Capital Prompt Corrective Actual Adequacy Purposes Conservation Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of June 30, 2020: Company: Total risk-based capital $ 630,347 13.71 % $ 367,866 > 8.00 % $ 482,824 > 10.50 % $ 459,832 > 10.00 % Tier 1 risk-based capital 509,216 11.07 275,899 > 6.00 390,858 > 8.50 367,866 > 8.00 Tier 1 leverage 509,216 8.91 228,572 > 4.00 228,572 > 4.00 285,716 > 5.00 Common equity Tier 1 471,300 10.25 206,925 > 4.50 321,883 > 7.00 298,891 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 200,053 12.40 % $ 129,068 > 8.00 % $ 169,401 > 10.50 % $ 161,335 > 10.00 % Tier 1 risk-based capital 179,859 11.15 96,801 > 6.00 137,134 > 8.50 129,068 > 8.00 Tier 1 leverage 179,859 7.57 95,014 > 4.00 95,014 > 4.00 118,767 > 5.00 Common equity Tier 1 179,859 11.15 72,601 > 4.50 112,934 > 7.00 104,867 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 200,479 12.15 % $ 132,034 > 8.00 % $ 173,295 > 10.50 % $ 165,043 > 10.00 % Tier 1 risk-based capital 179,841 10.90 99,026 > 6.00 140,287 > 8.50 132,034 > 8.00 Tier 1 leverage 179,841 9.66 74,475 > 4.00 74,475 > 4.00 93,094 > 5.00 Common equity Tier 1 179,841 10.90 74,269 > 4.50 115,530 > 7.00 107,278 > 6.50 Community State Bank: Total risk-based capital $ 96,839 12.76 % $ 60,732 > 8.00 % $ 79,710 > 10.50 % $ 75,915 > 10.00 % Tier 1 risk-based capital 87,338 11.50 45,549 > 6.00 64,527 > 8.50 60,732 > 8.00 Tier 1 leverage 87,338 9.86 35,430 > 4.00 35,430 > 4.00 44,287 > 5.00 Common equity Tier 1 87,338 11.50 34,162 > 4.50 53,140 > 7.00 49,344 > 6.50 Springfield First Community Bank: Total risk-based capital $ 79,054 13.43 % $ 47,106 > 8.00 % $ 61,827 > 10.50 % $ 58,883 > 10.00 % Tier 1 risk-based capital 68,519 11.64 35,330 > 6.00 50,050 > 8.50 47,106 > 8.00 Tier 1 leverage 68,519 9.29 29,494 > 4.00 29,494 > 4.00 36,867 > 5.00 Common equity Tier 1 68,519 11.64 26,497 > 4.50 41,218 > 7.00 38,274 > 6.50 For Capital To Be Well Adequacy Purposes Capitalized Under For Capital With Capital Prompt Corrective Actual Adequacy Purposes Conservation Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of December 31, 2019: Company: Total risk-based capital $ 581,234 13.33 % $ 348,937 > 8.00 % $ 457,980 > 10.500 % $ 436,171 > 10.00 % Tier 1 risk-based capital 481,702 11.04 261,703 > 6.00 370,746 > 8.500 348,937 > 8.00 Tier 1 leverage 481,702 9.53 202,207 > 4.00 202,207 > 4.000 252,758 > 5.00 Common equity Tier 1 443,864 10.18 196,277 > 4.50 305,320 > 7.000 283,511 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 183,855 11.83 % $ 124,362 > 8.00 % $ 163,225 > 10.500 % $ 155,452 > 10.00 % Tier 1 risk-based capital 170,137 10.94 93,271 > 6.00 132,134 > 8.500 124,362 > 8.00 Tier 1 leverage 170,137 9.94 68,479 > 4.00 68,479 > 4.000 85,598 > 5.00 Common equity Tier 1 170,137 10.94 69,953 > 4.50 108,817 > 7.000 101,044 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 175,498 11.90 % $ 117,953 > 8.00 % $ 154,813 > 10.500 % $ 147,441 > 10.00 % Tier 1 risk-based capital 162,127 11.00 88,465 > 6.00 125,325 > 8.500 117,953 > 8.00 Tier 1 leverage 162,127 10.41 62,286 > 4.00 62,286 > 4.000 77,857 > 5.00 Common equity Tier 1 162,127 11.00 66,349 > 4.50 103,209 > 7.000 95,837 > 6.50 Community State Bank: Total risk-based capital $ 92,095 12.32 % $ 59,813 > 8.00 % $ 78,504 > 10.500 % $ 74,766 > 10.00 % Tier 1 risk-based capital 85,437 11.43 44,860 > 6.00 63,551 > 8.500 59,813 > 8.00 Tier 1 leverage 85,437 10.39 32,902 > 4.00 32,902 > 4.000 41,128 > 5.00 Common equity Tier 1 85,437 11.43 33,645 > 4.50 52,336 > 7.000 48,598 > 6.50 Springfield First Community Bank: Total risk-based capital $ 71,074 12.72 % $ 44,704 > 8.00 % $ 58,674 > 10.500 % $ 55,880 > 10.00 % Tier 1 risk-based capital 63,956 11.45 33,528 > 6.00 47,498 > 8.500 44,704 > 8.00 Tier 1 leverage 63,956 9.70 26,379 > 4.00 26,379 > 4.000 32,974 > 5.00 Common equity Tier 1 63,956 11.45 25,146 > 4.50 39,116 > 7.000 36,322 > 6.50

Note 9 - PENDING SALE

Note 9 - PENDING SALE	6 Months Ended
Note 9 - PENDING SALE	Jun. 30, 2020
PENDING SALE
PENDING SALE	NOTE 9 – PENDING SALE On April 2, 2020, the Company entered into a stock purchase agreement to sell all the issued and outstanding capital stock of the Bates Companies. The aggregate consideration to be paid to the Company shall be an amount equal to $500,000 plus cancellation of all future amounts otherwise to become payable to the purchaser by the Company under an earn-out agreement entered into between the same parties in 2018 with a non-discounted value of approximately $1.6 million at June 30, 2020. This transaction received regulatory approval and the closing date is scheduled for August 10, 2020. Goodwill impairment related to the execution of the agreement to sell the Bates Companies was $500,000 in the first quarter of 2020.

NOTE 1 - SUMMARY OF SIGNIFICA_2

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies
Basis of presentation	Basis of presentation The financial information of the Company included herein has been prepared in accordance with GAAP for interim financial reporting and has been prepared pursuant to the rules and regulations for reporting on Form 10-Q and Rule 10-01 of Regulation S-X. Such information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position and results of operations for the periods presented. Any differences appearing between the numbers presented in financial statements and management's discussion and analysis are due to rounding. The results of the interim period ended June 30, 2020 are not necessarily indicative of the results expected for the year ending December 31, 2020, or for any other period. The acronyms and abbreviations identified below are used throughout this Quarterly Report on Form 10-Q. It may be helpful to refer back to this page as you read this report. Allowance: Allowance for estimated losses on loans/leases Guaranty: Guaranty Bancshares, Ltd. AOCI: Accumulated other comprehensive income (loss) Guaranty Bank: Guaranty Bank and Trust Company AFS: Available for sale HTM: Held to maturity ASC: Accounting Standards Codification LRP: Loan Relief Program ASU: Accounting Standards Update m2: m2 Lease Funds, LLC Bates Companies: Bates Financial Advisors, Inc., Bates MSELF: Main Street Expanded Loan Facility Financial Services, Inc., Bates Securities, Inc. and MSNLF: Main Street New Loan Facility Bates Financial Group, Inc. NIM: Net interest margin BOLI: Bank-owned life insurance NPA: Nonperforming asset Caps: Interest rate cap derivatives NPL: Nonperforming loan CARES Act: Coronavirus Aid, Relief and Economy OREO: Other real estate owned Security Act OTTI: Other-than-temporary impairment CDI: Core deposit intangible PCI: Purchased credit impaired CECL: Current Expected Credit Losses PPP: Paycheck Protection Program Community National: Community National Bancorporation Provision: Provision for loan/lease losses COVID-19: Coronavirus Disease 2019 QCBT: Quad City Bank & Trust Company CRBT: Cedar Rapids Bank & Trust Company RB&T: Rockford Bank & Trust Company CRE: Commercial real estate ROAA: Return on Average Assets CSB: Community State Bank SBA: U.S. Small Business Administration C&I: Commercial and industrial SEC: Securities and Exchange Commission EPS: Earnings per share SFC Bank: Springfield First Community Bank Exchange Act: Securities Exchange Act of 1934, as Springfield Bancshares: Springfield Bancshares, Inc. amended 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 TEY: Tax equivalent yield FRB: Federal Reserve Bank of Chicago The Company: QCR Holdings, Inc. GAAP: Generally Accepted Accounting Principles USDA: U.S. Department of Agriculture
Principles of consolidation	The Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries which include the accounts of four commercial banks: QCBT, CRBT, CSB and SFC Bank. All are state-chartered commercial banks and all are members of the Federal Reserve system. The Company engages in direct financing lease contracts through m2, a wholly-owned subsidiary of QCBT. The Company also engages in wealth management services through its banking subsidiaries and its subsidiaries, the Bates Companies. All material intercompany transactions and balances have been eliminated in consolidation
Risks and uncertainties	Risks and Uncertainties: the Company anticipates that its financial condition, capital levels, asset quality and results of operations will be adversely affected, as described in further detail on this report. Due to the economic impact that COVID-19 has had on the Company, management concluded that factors such as the decline in macroeconomic conditions led to the occurrence of a triggering event during the first quarter of 2020, therefore an interim impairment test over goodwill was performed as of March 31, 2020. When such an assessment is performed, should the Company conclude that all or a portion of goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Based upon the results of the interim goodwill assessment during the first quarter of 2020, the Company concluded that an impairment did not exist on the bank reporting units as of the time of the assessment. There was no occurrence of a triggering event during the second quarter of 2020 therefore no impairment test over goodwill was needed.
Recent accounting developments	Recent accounting developments Financial Instruments – Credit Losses

NOTE 2 - INVESTMENT SECURITIES

NOTE 2 - INVESTMENT SECURITIES (Tables)	6 Months Ended
NOTE 2 - INVESTMENT SECURITIES (Tables)	Jun. 30, 2020
Notes Tables
Amortized cost and fair value of investment securities	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) June 30, 2020: Securities HTM: Municipal securities $ 424,926 $ 21,323 $ (2,231) $ 444,018 Other securities 1,050 — — 1,050 $ 425,976 $ 21,323 $ (2,231) $ 445,068 Securities AFS: U.S. govt. sponsored agency securities $ 16,663 $ 809 $ — $ 17,472 Residential mortgage-backed and related securities 138,044 7,659 (31) 145,672 Municipal securities 98,388 2,962 (84) 101,266 Asset-backed securities 39,712 414 (329) 39,797 Other securities 18,550 173 (23) 18,700 $ 311,357 $ 12,017 $ (467) $ 322,907 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) December 31, 2019: Securities HTM: Municipal securities $ 399,596 $ 26,042 $ (143) $ 425,495 Other securities 1,050 — — 1,050 $ 400,646 $ 26,042 $ (143) $ 426,545 Securities AFS: U.S. govt. sponsored agency securities $ 19,872 $ 283 $ (77) $ 20,078 Residential mortgage-backed and related securities 118,724 2,045 (182) 120,587 Municipal securities 46,659 1,602 (4) 48,257 Asset-backed securities 16,958 — (71) 16,887 Other securities 4,749 138 (1) 4,886 $ 206,962 $ 4,068 $ (335) $ 210,695
Securities have been in a continuous unrealized loss position	Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) June 30, 2020: Securities HTM: Municipal securities $ 47,822 $ (2,231) $ — $ — $ 47,822 $ (2,231) Other securities 1,050 — — — 1,050 — $ 48,872 $ (2,231) $ — $ — $ 48,872 $ (2,231) Securities AFS: U.S. govt. sponsored agency securities $ — $ — $ — $ — $ — $ — Residential mortgage-backed and related securities 19,127 (31) — — 19,127 (31) Municipal securities 12,105 (84) — — 12,105 (84) Asset-backed securities 16,611 (329) — — 16,611 (329) Other securities 1,977 (23) — — 1,977 (23) $ 49,820 $ (467) $ — $ — $ 49,820 $ (467) Less than 12 Months 12 Months or More Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) December 31, 2019: Securities HTM: Municipal securities $ 509 $ (1) $ 10,047 $ (142) $ 10,556 $ (143) Other securities 550 — — — 550 — $ 1,059 $ (1) $ 10,047 $ (142) $ 11,106 $ (143) Securities AFS: U.S. govt. sponsored agency securities $ 1,431 $ (21) $ 2,117 $ (56) $ 3,548 $ (77) Residential mortgage-backed and related securities 2,263 (17) 17,862 (165) 20,125 (182) Municipal securities — — 724 (4) 724 (4) Asset-backed securities 16,886 (71) — — 16,886 (71) Other securities 249 (1) — — 249 (1) $ 20,829 $ (110) $ 20,703 $ (225) $ 41,532 $ (335)
Realized gain (loss) on investments	Three and Six Months Ended June 30, 2020 June 30, 2019 (dollars in thousands) Proceeds from sales of securities $ 6,327 $ 4,661 Gross gains from sales of securities 134 — Gross losses from sales of securities (69) (52)
Investments classified by maturity date	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Due in one year or less $ 3,448 $ 3,469 Due after one year through five years 35,903 36,526 Due after five years 386,625 405,073 $ 425,976 $ 445,068 Securities AFS: Due in one year or less $ 1,921 $ 1,903 Due after one year through five years 14,976 15,411 Due after five years 116,704 120,124 133,601 137,438 Residential mortgage-backed and related securities 138,044 145,672 Asset-backed securities 39,712 39,797 $ 311,357 $ 322,907
Schedule of investment in callable securities	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Municipal securities $ 202,436 $ 205,736 Securities AFS: Municipal securities 84,011 86,534 Other securities 4,500 4,650 $ 88,511 $ 91,184

NOTE 3 - LOANS_LEASES RECEIVA_2

NOTE 3 - LOANS/LEASES RECEIVABLE (Tables)	6 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE (Tables)	Jun. 30, 2020
Notes Tables
Composition of the loan/lease portfolio	2020 2019 (dollars in thousands) C&I loans* $ 1,850,110 $ 1,507,825 CRE loans Owner-occupied CRE 467,537 443,989 Commercial construction, land development, and other land 441,364 378,797 Other non owner-occupied CRE 960,261 913,610 1,869,162 1,736,396 Direct financing leases 79,105 87,869 Residential real estate loans * 241,069 239,904 Installment and other consumer loans 99,150 109,352 4,138,596 3,681,346 Plus deferred loan/lease origination costs, net of fees 1,663 8,859 4,140,259 3,690,205 Less allowance (60,827) (36,001) $ 4,079,432 $ 3,654,204 ** Direct financing leases: Net minimum lease payments to be received $ 87,389 $ 97,025 Estimated unguaranteed residual values of leased assets 616 547 Unearned lease/residual income (8,900) (9,703) 79,105 87,869 Plus deferred lease origination costs, net of fees 1,448 1,892 80,553 89,761 Less allowance (1,639) (1,464) $ 78,914 $ 88,297 * Includes equipment financing agreements outstanding at m2, totaling $153.7 million and $142.0 million as of June 30, 2020 and December 31, 2019, respectively. 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. * Includes residential real estate loans held for sale totaling $8.3 million and $3.7 million as of June 30, 2020 and December 31, 2019, respectively.
Changes in accretable yield for acquired loans	Three months ended June 30, 2020 Six months ended June 30, 2020 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (59) $ (5,725) $ (5,784) $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable — — — (30) — (30) Accretion recognized 1 790 791 29 1,443 1,472 Balance at the end of the period $ (58) $ (4,935) $ (4,993) $ (58) $ (4,935) $ (4,993) Three months ended June 30, 2019 Six months ended June 30, 2019 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (319) $ (9,301) $ (9,620) $ (667) $ (10,127) $ (10,794) Reclassification of nonaccretable discount to accretable (159) — (159) (159) — (159) Accretion recognized 327 812 1,139 675 1,638 2,313 Balance at the end of the period $ (151) $ (8,489) $ (8,640) $ (151) $ (8,489) $ (8,640)
Aging of the loan/lease portfolio by classes of loans/leases	As of June 30, 2020 Accruing Past 30-59 Days 60-89 Days Due 90 Days or Nonaccrual Classes of Loans/Leases Current Past Due Past Due More Loans/Leases Total (dollars in thousands) C&I $ 1,846,417 $ 1,650 $ 311 $ 62 $ 1,670 $ 1,850,110 CRE Owner-Occupied CRE 467,032 — 185 — 320 467,537 Commercial Construction, Land Development, and Other Land 441,336 28 — — — 441,364 Other Non Owner-Occupied CRE 950,993 1,776 — — 7,492 960,261 Direct Financing Leases 77,637 277 151 — 1,040 79,105 Residential Real Estate 239,729 — 404 — 936 241,069 Installment and Other Consumer 98,435 11 27 37 640 99,150 $ 4,121,579 $ 3,742 $ 1,078 $ 99 $ 12,099 $ 4,138,596 As a percentage of total loan/lease portfolio 99.59 % 0.09 % 0.03 % — % 0.29 % 100.00 % As of December 31, 2019 Accruing Past 30-59 Days 60-89 Days Due 90 Days or Nonaccrual Classes of Loans/Leases Current Past Due Past Due More Loans/Leases Total (dollars in thousands) C&I $ 1,499,891 $ 6,126 $ 572 $ — $ 1,236 $ 1,507,825 CRE Owner-Occupied CRE 443,707 177 71 — 34 443,989 Commercial Construction, Land Development, and Other Land 375,940 2,857 — — — 378,797 Other Non Owner-Occupied CRE 909,684 73 — — 3,853 913,610 Direct Financing Leases 85,636 463 253 — 1,517 87,869 Residential Real Estate 235,845 2,939 414 — 706 239,904 Installment and Other Consumer 108,750 3 10 33 556 109,352 $ 3,659,453 $ 12,638 $ 1,320 $ 33 $ 7,902 $ 3,681,346 As a percentage of total loan/lease portfolio 99.41 % 0.34 % 0.04 % 0.00 % 0.21 % 100.00 %
NPLs by classes of loans/leases	As of June 30, 2020 Accruing Past Due 90 Days or Nonaccrual Percentage of Classes of Loans/Leases More Loans/Leases Accruing TDRs Total NPLs Total NPLs (dollars in thousands) C&I $ 62 $ 1,670 $ 652 $ 2,384 18.17 % CRE Owner-Occupied CRE — 320 — 320 2.44 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 7,492 — 7,492 57.12 % Direct Financing Leases — 1,040 268 1,308 9.97 % Residential Real Estate — 936 — 936 7.14 % Installment and Other Consumer 37 640 — 677 5.16 % $ 99 $ 12,099 $ 920 $ 13,118 100.00 % Nonaccrual loans/leases included $352 thousand of TDRs, including $129 thousand in commercial and industrial loans, $138 thousand in direct financing leases, $31 thousand in residential real estate loans, and $54 thousand in installment loans. As of December 31, 2019 Accruing Past Due 90 Days or Nonaccrual Percentage of Classes of Loans/Leases More Loans/Leases Accruing TDRs Total NPLs Total NPLs (dollars in thousands) C&I $ — $ 1,236 $ 646 $ 1,882 21.12 % CRE Owner-Occupied CRE — 34 — 34 0.38 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 3,853 — 3,853 43.22 % Direct Financing Leases — 1,517 333 1,850 20.75 % Residential Real Estate — 706 — 706 7.92 % Installment and Other Consumer 33 556 — 589 6.61 % $ 33 $ 7,902 $ 979 $ 8,914 100.00 % Nonaccrual loans/leases included $747 thousand of TDRs, including $98 thousand in C&I loans, $269 thousand in CRE loans, $294 thousand in direct financing leases, $31 thousand in residential real estate loans, and $55 thousand in installment loans.
Allowance for credit losses on financing receivables	Changes in the allowance by portfolio segment for the three and six months ended June 30, 2020 and 2019, respectively, are presented as follows: Three Months Ended June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 18,151 $ 19,269 $ 1,303 $ 2,313 $ 1,197 $ 42,233 Provisions charged to expense 7,859 10,365 887 697 107 19,915 Loans/leases charged off (340) (511) (595) — (4) (1,450) Recoveries on loans/leases previously charged off 78 — 44 — 7 129 Balance, ending $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Three Months Ended June 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 17,260 $ 18,303 $ 1,606 $ 2,538 $ 1,457 $ 41,164 Provisions (credits) charged to expense 1,116 414 331 86 (6) 1,941 Loans/leases charged off (193) (1,369) (497) (73) (20) (2,152) Recoveries on loans/leases previously charged off 65 15 19 31 21 151 Balance, ending $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 Six Months Ended June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 16,072 $ 15,379 $ 1,464 $ 1,948 $ 1,138 $ 36,001 Provisions charged to expense 11,556 14,181 1,281 1,033 231 28,282 Loans/leases charged off (1,979) (511) (1,195) — (100) (3,785) Recoveries on loans/leases previously charged off 99 74 89 29 38 329 Balance, ending $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Six Months Ended June 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 16,420 $ 17,719 $ 1,792 $ 2,557 $ 1,359 $ 39,847 Provisions (credits) charged to expense 2,123 948 776 68 160 4,075 Loans/leases charged off (527) (1,369) (1,149) (73) (94) (3,212) Recoveries on loans/leases previously charged off 232 65 40 30 27 394 Balance, ending $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 The allowance by impairment evaluation and by portfolio segment as of June 30, 2020 and December 31, 2019 is presented as follows: As of June 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ 341 $ 1,692 $ 20 $ 23 $ 78 $ 2,154 Allowance for nonimpaired loans/leases 25,407 27,431 1,619 2,987 1,229 58,673 $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Impaired loans/leases $ 2,547 $ 7,815 $ 1,419 $ 884 $ 640 $ 13,305 Nonimpaired loans/leases 1,847,563 1,861,347 77,686 240,185 98,510 4,125,291 $ 1,850,110 $ 1,869,162 $ 79,105 $ 241,069 $ 99,150 $ 4,138,596 Allowance as a percentage of impaired loans/leases 13.39 % 21.65 % 1.41 % 2.60 % 12.19 % 16.19 % Allowance as a percentage of nonimpaired loans/leases 1.38 % 1.47 % 2.08 % 1.24 % 1.25 % 1.42 % Total allowance as a percentage of total loans/leases 1.39 % 1.56 % 2.07 % 1.25 % 1.32 % 1.47 % As of December 31, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ 170 $ 125 $ 270 $ 15 $ 80 $ 660 Allowance for nonimpaired loans/leases 15,902 15,254 1,194 1,933 1,058 35,341 $ 16,072 $ 15,379 $ 1,464 $ 1,948 $ 1,138 $ 36,001 Impaired loans/leases $ 1,846 $ 3,585 $ 2,025 $ 649 $ 556 $ 8,661 Nonimpaired loans/leases 1,505,979 1,732,811 85,844 239,255 108,796 3,672,685 $ 1,507,825 $ 1,736,396 $ 87,869 $ 239,904 $ 109,352 $ 3,681,346 Allowance as a percentage of impaired loans/leases 9.21 % 3.49 % 13.33 % 2.31 % 14.41 % 7.62 % Allowance as a percentage of nonimpaired loans/leases 1.06 % 0.88 % 1.39 % 0.81 % 0.97 % 0.96 % Total allowance as a percentage of total loans/leases 1.07 % 0.89 % 1.67 % 0.81 % 1.04 % 0.98 %
Impaired financing receivables	Loans/leases, by classes of financing receivable, considered to be impaired as of and for the six months ended June 30, 2020 are presented as follows: Six Months Ended June 30, 2020 Interest Income Average Recognized for Recorded Unpaid Principal Related Recorded Interest Income Cash Payments Classes of Loans/Leases Investment Balance Allowance Investment Recognized Received (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,978 $ 2,051 $ — $ 1,512 $ 25 $ 25 CRE Owner-Occupied CRE 320 577 — 128 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 965 965 — 742 14 14 Direct Financing Leases 1,364 1,364 — 1,379 11 11 Residential Real Estate 624 652 — 474 — — Installment and Other Consumer 562 562 — 525 — — $ 5,813 $ 6,171 $ — $ 4,760 $ 50 $ 50 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 569 $ 569 $ 341 $ 479 $ — $ — CRE Owner-Occupied CRE — — — — — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 6,530 6,530 1,692 5,329 — — Direct Financing Leases 55 55 20 59 — — Residential Real Estate 260 260 23 206 — — Installment and Other Consumer 78 78 78 67 — — $ 7,492 $ 7,492 $ 2,154 $ 6,140 $ — $ — Total Impaired Loans/Leases: C&I $ 2,547 $ 2,620 $ 341 $ 1,991 $ 25 $ 25 CRE Owner-Occupied CRE 320 577 — 128 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 7,495 7,495 1,692 6,071 14 14 Direct Financing Leases 1,419 1,419 20 1,438 11 11 Residential Real Estate 884 912 23 680 — — Installment and Other Consumer 640 640 78 592 — — $ 13,305 $ 13,663 $ 2,154 $ 10,900 $ 50 $ 50 Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three months ended June 30, 2020 and 2019 are presented as follows: Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 Interest Income Interest Income Average Recognized for Average Recognized for Recorded Interest Income Cash Payments Recorded Interest Income Cash Payments Classes of Loans/Leases Investment Recognized Received Investment Recognized Received (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,742 $ 13 $ 13 $ 1,683 $ 29 $ 29 CRE Owner-Occupied CRE 174 — — 194 7 7 Commercial Construction, Land Development, and Other Land — — — 603 6 6 Other Non Owner-Occupied CRE 978 7 7 3,985 22 22 Direct Financing Leases 1,411 6 6 1,795 7 7 Residential Real Estate 524 — — 801 — — Installment and Other Consumer 550 — — 816 3 3 $ 5,379 $ 26 $ 26 $ 9,877 $ 74 $ 74 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 568 $ — $ — $ 2,046 $ 9 $ 9 CRE Owner-Occupied CRE — — — 127 — — Commercial Construction, Land Development, and Other Land — — — 143 — — Other Non Owner-Occupied CRE 6,560 — — 1,980 — — Direct Financing Leases 57 — — 227 — — Residential Real Estate 220 — — 822 1 1 Installment and Other Consumer 70 — — 150 — — $ 7,475 $ — $ — $ 5,495 $ 10 $ 10 Total Impaired Loans/Leases: C&I $ 2,310 $ 13 $ 13 $ 3,729 $ 38 $ 38 CRE Owner-Occupied CRE 174 — — 321 7 7 Commercial Construction, Land Development, and Other Land — — — 746 6 6 Other Non Owner-Occupied CRE 7,538 7 7 5,965 22 22 Direct Financing Leases 1,468 6 6 2,022 7 7 Residential Real Estate 744 — — 1,623 1 1 Installment and Other Consumer 620 — — 966 3 3 $ 12,854 $ 26 $ 26 $ 15,372 $ 84 $ 84 Loans/leases, by classes of financing receivable, considered to be impaired as of December 31, 2019 are presented as follows: Unpaid Recorded Principal Related Classes of Loans/Leases Investment Balance Allowance (dollars in thousands) Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 1,607 $ 1,647 $ — CRE Owner-Occupied CRE 34 50 — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 684 686 — Direct Financing Leases 1,642 1,642 — Residential Real Estate 469 614 — Installment and Other Consumer 476 476 — $ 4,912 $ 5,115 $ — Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 239 $ 239 $ 170 CRE Owner-Occupied CRE — — — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 2,867 2,867 125 Direct Financing Leases 383 383 270 Residential Real Estate 180 180 15 Installment and Other Consumer 80 80 80 $ 3,749 $ 3,749 $ 660 Total Impaired Loans/Leases: C&I $ 1,846 $ 1,886 $ 170 CRE Owner-Occupied CRE 34 50 — Commercial Construction, Land Development, and Other Land — — — Other Non Owner-Occupied CRE 3,551 3,553 125 Direct Financing Leases 2,025 2,025 270 Residential Real Estate 649 794 15 Installment and Other Consumer 556 556 80 $ 8,661 $ 8,864 $ 660
Financing receivable credit quality indicators	As of June 30, 2020 CRE Non-Owner Occupied Commercial Construction, Land Owner-Occupied Development, As a % of Internally Assigned Risk Rating C&I CRE and Other Land Other CRE Total Total (dollars in thousands) Pass (Ratings 1 through 5) $ 1,643,654 $ 463,570 $ 430,206 $ 883,724 $ 3,421,154 95.95 % Special Mention (Rating 6) 29,046 857 11,158 63,547 104,608 2.93 % Substandard (Rating 7) 23,755 3,110 — 12,990 39,855 1.12 % Doubtful (Rating 8) — — — — — — % $ 1,696,455 $ 467,537 $ 441,364 $ 960,261 $ 3,565,617 100.00 % As of December 31, 2019 CRE Non-Owner Occupied Commercial Construction, Land Owner-Occupied Development, As a % of Internally Assigned Risk Rating C&I CRE and Other Land Other CRE Total Total (dollars in thousands) Pass (Ratings 1 through 5) $ 1,334,446 $ 439,418 $ 378,572 $ 896,206 $ 3,048,642 98.28 % Special Mention (Rating 6) 12,962 3,044 41 3,905 19,952 0.65 % Substandard (Rating 7) 18,439 1,527 184 13,499 33,649 1.09 % Doubtful (Rating 8) — — — — — 0.01 % $ 1,365,847 $ 443,989 $ 378,797 $ 913,610 $ 3,102,243 100.00 %
Financing receivable credit quality indicators performance status	As of June 30, 2020 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 151,242 $ 77,797 $ 240,133 $ 98,472 $ 567,644 99.07 % Nonperforming 2,413 1,308 936 678 5,335 0.93 % $ 153,655 $ 79,105 $ 241,069 $ 99,150 $ 572,979 100.00 % As of December 31, 2019 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 140,992 $ 86,019 $ 239,198 $ 108,763 $ 574,972 99.29 % Nonperforming 986 1,850 706 589 4,131 0.71 % $ 141,978 $ 87,869 $ 239,904 $ 109,352 $ 579,103 100.00 %
Number and recorded investment of TDRs, by type of concession	For the three months ended June 30, 2020 For the three months ended June 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Specific Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C&I — $ — $ — $ — 1 $ 52 $ 52 $ — Direct Financing Leases 2 78 78 — — — — — 2 $ 78 $ 78 $ — 1 $ 52 $ 52 $ — CONCESSION - Forgiveness of Principal C&I — $ — $ — $ — 1 $ 587 $ 537 $ — — $ — $ — $ — 1 $ 587 $ 537 $ — TOTAL 2 $ 78 $ 78 $ — 2 $ 639 $ 589 $ — For the six months ended June 30, 2020 For the six months ended June 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Specific Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C & I 2 $ 111 $ 111 $ — 2 $ 71 $ 71 $ — Direct Financing Leases 3 145 145 — 3 103 103 5 5 $ 256 $ 256 $ — 5 $ 174 $ 174 $ 5 CONCESSION - Forgiveness of Principal C & I — $ — $ — $ — 1 587 537 — TOTAL 5 $ 256 $ 256 $ — 6 $ 761 $ 711 $ 5

NOTE 4 - DERIVATIVES AND HEDG_2

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	6 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	Jun. 30, 2020
Notes Tables
Changes in the fair value of the underlying derivative contracts	June 30, 2020 December 31, 2019 Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value (dollars in thousands) Non-Hedging Interest Rate Derivatives Assets: Interest rate swap contracts $ 1,100,913 $ 224,727 $ 787,221 $ 84,679 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 1,100,913 $ 224,727 $ 787,221 $ 84,679
Schedule of hedged interest rate swaps and non-hedged interest rate swaps are collateralized by investment securities with carrying values	June 30, 2020 December 31, 2019 (dollars in thousands) Cash $ 80,250 $ 10,990 U.S govt. sponsored agency securities 3,657 3,541 Municipal securities 41,863 68,089 Residential mortgage-backed and related securities 107,190 27,027 $ 232,960 $ 109,647
Interest rate cap
Notes Tables
Schedule of interest rate caps	Balance Sheet Fair Value as of Hedged Item Effective Date Maturity Date Location Notional Amount Strike Rate June 30, 2020 December 31, 2019 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 13 $ 112 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 26 218 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.90 12 96 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 13 109 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 26 214 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 52 401 Deposits 2/1/2020 2/1/2024 Other Assets 25,000 1.90 26 202 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 26 201 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 48 337 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 97 617 Deposits 3/1/2020 3/1/2025 Other Assets 25,000 1.90 50 332 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 48 309 $ 375,000 $ 437 $ 3,148
Interest rate swap
Notes Tables
Schedule of interest rate caps	Balance Sheet Fair Value as of Hedged Item Effective Date Maturity Date Location Notional Amount Receive Rate Pay Rate June 30, 2020 December 31, 2019 (dollars in thousands) CRBT - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities $ 30,000 0.31 % 1.12 % $ (730) $ - SFCB - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities 10,000 0.32 % 0.95 % (200) - QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.16 % 5.85 % (2,051) (971) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.16 % 5.85 % (1,641) (777) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 2.77 % 4.54 % (1,993) (944) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.48 % 5.17 % (613) (291) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 2.06 % 4.75 % (715) (339) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 2.06 % 4.75 % (919) (436) $ 79,000 1.92 % 5.24 % $ (8,862) $ (3,758)

NOTE 5 - EARNINGS PER SHARE (Ta

NOTE 5 - EARNINGS PER SHARE (Tables)	6 Months Ended
NOTE 5 - EARNINGS PER SHARE (Tables)	Jun. 30, 2020
EARNINGS PER SHARE
Schedule of computation of earnings per share on a basic and diluted basis	Three months ended Six months ended June 30, June 30, 2020 2019 2020 2019 (dollars in thousands, except share data) Net income $ 13,739 $ 13,504 $ 24,967 $ 26,422 Basic EPS $ 0.87 $ 0.86 $ 1.58 $ 1.68 Diluted EPS $ 0.86 $ 0.85 $ 1.56 $ 1.66 Weighted average common shares outstanding 15,747,056 15,714,588 15,771,926 15,703,967 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 148,280 223,789 185,032 226,692 Weighted average common and common equivalent shares outstanding 15,895,336 15,938,377 15,956,958 15,930,659

NOTE 6 - FAIR VALUE (Tables)

NOTE 6 - FAIR VALUE (Tables)	6 Months Ended
NOTE 6 - FAIR VALUE (Tables)	Jun. 30, 2020
Notes Tables
Schedule of assets measured at fair value	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) (dollars in thousands) June 30, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 17,472 $ — $ 17,472 $ — Residential mortgage-backed and related securities 145,672 — 145,672 — Municipal securities 101,266 — 101,266 — Asset-backed securities 39,797 — 39,797 — Other securities 18,700 — 18,700 — Derivatives 225,164 — 225,164 — Total assets measured at fair value $ 548,071 $ — $ 548,071 $ — Derivatives $ 233,589 $ — $ 233,589 $ — Total liabilities measured at fair value $ 233,589 $ — $ 233,589 $ — December 31, 2019: Securities AFS: U.S. govt. sponsored agency securities $ 20,078 $ — $ 20,078 $ — Residential mortgage-backed and related securities 120,587 — 120,587 — Municipal securities 48,257 — 48,257 — Asset-backed securities 16,887 — 16,887 — Other securities 4,886 — 4,886 — Derivatives 87,827 — 87,827 — Total assets measured at fair value $ 298,522 $ — $ 298,522 $ — Derivatives $ 88,437 $ — $ 88,437 $ — Total liabilities measured at fair value $ 88,437 $ — $ 88,437 $ — 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 (dollars in thousands) June 30, 2020: Impaired loans/leases $ 5,821 $ — $ — $ 5,821 OREO 170 — — 170 $ 5,991 $ — $ — $ 5,991 December 31, 2019: Impaired loans/leases $ 3,394 $ — $ — $ 3,394 OREO 4,459 — — 4,459 $ 7,853 $ — $ — $ 7,853
Schedule of assets measured at fair value, valuation techniques	Quantitative Information about Level Fair Value Measurements Fair Value Fair Value June 30, December 31, 2020 2019 Valuation Technique Unobservable Input Range (dollars in thousands) Impaired loans/leases $ 5,821 $ 3,394 Appraisal of collateral Appraisal adjustments (10.00) % to (30.00) % OREO 170 4,459 Appraisal of collateral Appraisal adjustments 0.00 % to (35.00) %
Schedule of assets and liabilities measured at fair value	Fair Value As of June 30, 2020 As of December 31, 2019 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value (dollars in thousands) Cash and due from banks Level 1 $ 88,577 $ 88,577 $ 76,254 $ 76,254 Federal funds sold Level 2 2,125 2,125 9,800 9,800 Interest-bearing deposits at financial institutions Level 2 140,775 140,775 147,891 147,891 Investment securities: HTM Level 2 425,976 445,068 400,646 426,545 AFS * 322,907 322,907 210,695 210,695 Loans/leases receivable, net Level 3 5,390 5,821 3,143 3,394 Loans/leases receivable, net Level 2 4,074,042 4,049,076 3,651,061 3,606,520 Derivatives Level 2 225,164 225,164 87,827 87,827 Deposits: Nonmaturity deposits Level 2 3,674,337 3,674,337 3,184,726 3,184,726 Time deposits Level 2 675,438 682,827 726,325 742,444 Short-term borrowings Level 2 124,818 124,818 13,423 13,423 FHLB advances Level 2 145,000 146,788 159,300 159,193 Subordinated notes Level 2 68,516 68,705 68,394 68,563 Junior subordinated debentures Level 2 37,916 30,458 37,838 30,477 Derivatives Level 2 233,589 233,589 88,437 88,437

NOTE 7 - BUSINESS SEGMENT INF_2

NOTE 7 - BUSINESS SEGMENT INFORMATION (Tables)	6 Months Ended
NOTE 7 - BUSINESS SEGMENT INFORMATION (Tables)	Jun. 30, 2020
Notes Tables
Schedule of business segment information	Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB SFC Bank Management All other Eliminations Total (dollars in thousands) Three Months Ended June 30, 2020 Total revenue $ 19,727 $ 34,612 $ 9,752 $ 9,533 $ 3,627 $ 17,813 $ (17,788) $ 77,276 Net interest income 15,653 12,820 7,538 6,201 — (1,509) 245 40,948 Provision for loan/lease losses 7,539 7,160 2,811 2,405 — — — 19,915 Net income (loss) from continuing operations 3,307 10,580 591 1,899 986 13,797 (17,421) 13,739 Goodwill 3,223 14,980 9,888 45,975 — 182 — 74,248 Intangibles — 2,437 3,643 6,344 — 1,448 — 13,872 Total assets 1,984,245 2,021,043 903,648 745,470 — 715,740 (765,385) 5,604,761 Three Months Ended June 30, 2019 Total revenue $ 20,374 $ 23,575 $ 9,730 $ 7,757 $ 4,249 $ 23,431 $ (17,870) $ 71,246 Net interest income 12,632 10,785 7,294 5,425 — 1,877 — 38,013 Provision for loan/lease losses 973 300 151 485 — 32 — 1,941 Net income (loss) from continuing operations 4,505 6,928 2,207 2,079 583 14,369 (17,167) 13,504 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,935 4,328 7,268 — 1,558 — 16,089 Total assets 1,637,115 1,527,521 806,704 671,644 — 1,164,901 (613,033) 5,194,852 Six Months Ended June 30, 2020 Total revenue $ 39,227 $ 56,607 $ 19,802 $ 18,224 $ 7,665 $ 33,431 $ (33,502) $ 141,454 Net interest income 30,080 24,206 15,038 11,843 — (2,998) 477 78,646 Provision for loan/lease losses 10,722 9,410 4,775 3,375 — — — 28,282 Net income (loss) 8,210 16,957 1,629 4,105 1,806 24,934 (32,674) 24,967 Goodwill 3,223 14,980 9,888 45,975 — 182 — 74,248 Intangibles — 2,437 3,643 6,344 — 1,448 — 13,872 Total assets 1,984,245 2,021,043 903,648 745,470 — 715,740 (765,385) 5,604,761 Six Months Ended June 30, 2019 Total revenue $ 38,918 $ 42,819 $ 19,000 $ 15,045 $ 8,478 $ 43,609 $ (32,528) $ 135,341 Net interest income 24,771 21,193 14,260 10,651 — 4,046 — 74,921 Provision for loan/lease losses 1,993 725 301 985 — 71 — 4,075 Net income (loss) from continuing operations 8,690 12,028 4,363 3,732 1,741 27,485 (31,617) 26,422 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,935 4,328 7,268 — 1,558 — 16,089 Total assets 1,637,115 1,527,521 806,704 671,644 — 1,164,901 (613,033) 5,194,852

NOTE 8 - REGULATORY CAPITAL R_2

NOTE 8 - REGULATORY CAPITAL REQUIREMENTS (Tables)	6 Months Ended
NOTE 8 - REGULATORY CAPITAL REQUIREMENTS (Tables)	Jun. 30, 2020
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	For Capital To Be Well Adequacy Purposes Capitalized Under For Capital With Capital Prompt Corrective Actual Adequacy Purposes Conservation Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of June 30, 2020: Company: Total risk-based capital $ 630,347 13.71 % $ 367,866 > 8.00 % $ 482,824 > 10.50 % $ 459,832 > 10.00 % Tier 1 risk-based capital 509,216 11.07 275,899 > 6.00 390,858 > 8.50 367,866 > 8.00 Tier 1 leverage 509,216 8.91 228,572 > 4.00 228,572 > 4.00 285,716 > 5.00 Common equity Tier 1 471,300 10.25 206,925 > 4.50 321,883 > 7.00 298,891 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 200,053 12.40 % $ 129,068 > 8.00 % $ 169,401 > 10.50 % $ 161,335 > 10.00 % Tier 1 risk-based capital 179,859 11.15 96,801 > 6.00 137,134 > 8.50 129,068 > 8.00 Tier 1 leverage 179,859 7.57 95,014 > 4.00 95,014 > 4.00 118,767 > 5.00 Common equity Tier 1 179,859 11.15 72,601 > 4.50 112,934 > 7.00 104,867 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 200,479 12.15 % $ 132,034 > 8.00 % $ 173,295 > 10.50 % $ 165,043 > 10.00 % Tier 1 risk-based capital 179,841 10.90 99,026 > 6.00 140,287 > 8.50 132,034 > 8.00 Tier 1 leverage 179,841 9.66 74,475 > 4.00 74,475 > 4.00 93,094 > 5.00 Common equity Tier 1 179,841 10.90 74,269 > 4.50 115,530 > 7.00 107,278 > 6.50 Community State Bank: Total risk-based capital $ 96,839 12.76 % $ 60,732 > 8.00 % $ 79,710 > 10.50 % $ 75,915 > 10.00 % Tier 1 risk-based capital 87,338 11.50 45,549 > 6.00 64,527 > 8.50 60,732 > 8.00 Tier 1 leverage 87,338 9.86 35,430 > 4.00 35,430 > 4.00 44,287 > 5.00 Common equity Tier 1 87,338 11.50 34,162 > 4.50 53,140 > 7.00 49,344 > 6.50 Springfield First Community Bank: Total risk-based capital $ 79,054 13.43 % $ 47,106 > 8.00 % $ 61,827 > 10.50 % $ 58,883 > 10.00 % Tier 1 risk-based capital 68,519 11.64 35,330 > 6.00 50,050 > 8.50 47,106 > 8.00 Tier 1 leverage 68,519 9.29 29,494 > 4.00 29,494 > 4.00 36,867 > 5.00 Common equity Tier 1 68,519 11.64 26,497 > 4.50 41,218 > 7.00 38,274 > 6.50 For Capital To Be Well Adequacy Purposes Capitalized Under For Capital With Capital Prompt Corrective Actual Adequacy Purposes Conservation Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of December 31, 2019: Company: Total risk-based capital $ 581,234 13.33 % $ 348,937 > 8.00 % $ 457,980 > 10.500 % $ 436,171 > 10.00 % Tier 1 risk-based capital 481,702 11.04 261,703 > 6.00 370,746 > 8.500 348,937 > 8.00 Tier 1 leverage 481,702 9.53 202,207 > 4.00 202,207 > 4.000 252,758 > 5.00 Common equity Tier 1 443,864 10.18 196,277 > 4.50 305,320 > 7.000 283,511 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 183,855 11.83 % $ 124,362 > 8.00 % $ 163,225 > 10.500 % $ 155,452 > 10.00 % Tier 1 risk-based capital 170,137 10.94 93,271 > 6.00 132,134 > 8.500 124,362 > 8.00 Tier 1 leverage 170,137 9.94 68,479 > 4.00 68,479 > 4.000 85,598 > 5.00 Common equity Tier 1 170,137 10.94 69,953 > 4.50 108,817 > 7.000 101,044 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 175,498 11.90 % $ 117,953 > 8.00 % $ 154,813 > 10.500 % $ 147,441 > 10.00 % Tier 1 risk-based capital 162,127 11.00 88,465 > 6.00 125,325 > 8.500 117,953 > 8.00 Tier 1 leverage 162,127 10.41 62,286 > 4.00 62,286 > 4.000 77,857 > 5.00 Common equity Tier 1 162,127 11.00 66,349 > 4.50 103,209 > 7.000 95,837 > 6.50 Community State Bank: Total risk-based capital $ 92,095 12.32 % $ 59,813 > 8.00 % $ 78,504 > 10.500 % $ 74,766 > 10.00 % Tier 1 risk-based capital 85,437 11.43 44,860 > 6.00 63,551 > 8.500 59,813 > 8.00 Tier 1 leverage 85,437 10.39 32,902 > 4.00 32,902 > 4.000 41,128 > 5.00 Common equity Tier 1 85,437 11.43 33,645 > 4.50 52,336 > 7.000 48,598 > 6.50 Springfield First Community Bank: Total risk-based capital $ 71,074 12.72 % $ 44,704 > 8.00 % $ 58,674 > 10.500 % $ 55,880 > 10.00 % Tier 1 risk-based capital 63,956 11.45 33,528 > 6.00 47,498 > 8.500 44,704 > 8.00 Tier 1 leverage 63,956 9.70 26,379 > 4.00 26,379 > 4.000 32,974 > 5.00 Common equity Tier 1 63,956 11.45 25,146 > 4.50 39,116 > 7.000 36,322 > 6.50

NOTE 1 - SUMMARY OF SIGNIFICA_3

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Jun. 30, 2020subsidiaryshares	Dec. 31, 2019shares
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Number of subsidiaries commercial banks \| subsidiary	4
Preferred stock, authorized (in shares)	250,000	250,000
Common stock, outstanding (in shares)	15,790,611	15,828,098

NOTE 1 - SUMMARY OF SIGNIFICA_4

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Recent account developments (Details) - Pro Forma - Accounting Standards Update 2016-13 - USD ($) $ in Millions	Jun. 30, 2020	Jan. 01, 2020
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in allowance for estimated losses on loans or leases	$ 4	$ 4
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in allowance for estimated losses on loans or leases	$ 6	$ 6

NOTE 2 - INVESTMENT SECURITIE_2

NOTE 2 - INVESTMENT SECURITIES (Details) $ in Thousands	3 Months Ended		6 Months Ended
NOTE 2 - INVESTMENT SECURITIES (Details) $ in Thousands	Jun. 30, 2020USD ($)itemstate	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)itemstate	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)itemstate
Number of securities \| item	609		609
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions \| item	54		54
Aggregate losses of securities (as a percent)	0.40%		0.40%
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year \| item	0		0
Other than temporary impairment losses, investments	$ 0	$ 0	$ 0	$ 0
Sale of securities			6,327	$ 4,661
Gain on sale			$ 134
Number Of Charters Owning Municipal Securities \| item			4
Municipal securities \| General Obligation Bonds
Number of issuers \| item	97		97		93
Other investments	$ 83,300		$ 83,300		$ 77,200
Number of states holding investments \| state	23		23		22
Municipal securities \| General Obligation Bonds \| Minimum
Other investments	$ 5,000		$ 5,000		$ 5,000
Municipal securities \| General Obligation Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments \| state	7		7		6
Municipal securities \| Revenue Bonds
Number of issuers \| item	170		170		154
Other investments	$ 462,000		$ 462,000		$ 396,600
Number of states holding investments	22		22		17
Municipal securities \| Revenue Bonds \| Minimum
Other investments	$ 5,000		$ 5,000		$ 5,000
Municipal securities \| Revenue Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments	12		12		9

NOTE 2 - INVESTMENT SECURITIE_3

NOTE 2 - INVESTMENT SECURITIES - Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, at amortized cost	$ 425,976	$ 400,646
Securities held to maturity, gross unrealized gains	21,323	26,042
Securities held to maturity, gross unrealized (losses)	(2,231)	(143)
Securities held to maturity, fair value	445,068	426,545
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	311,357	206,962
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	12,017	4,068
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(467)	(335)
Debt Securities, Available-for-sale	322,907	210,695
Municipal securities
Securities held to maturity:
Securities held to maturity, at amortized cost	424,926	399,596
Securities held to maturity, gross unrealized gains	21,323	26,042
Securities held to maturity, gross unrealized (losses)	(2,231)	(143)
Securities held to maturity, fair value	444,018	425,495
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	98,388	46,659
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	2,962	1,602
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(84)	(4)
Debt Securities, Available-for-sale	101,266	48,257
U.S. govt. sponsored agency securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	16,663	19,872
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	809	283
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax		(77)
Debt Securities, Available-for-sale	17,472	20,078
Residential mortgage-backed and related securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	138,044	118,724
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	7,659	2,045
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(31)	(182)
Debt Securities, Available-for-sale	145,672	120,587
Asset-backed securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	39,712	16,958
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	414
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(329)	(71)
Debt Securities, Available-for-sale	39,797	16,887
Other Securities
Securities held to maturity:
Securities held to maturity, at amortized cost	1,050	1,050
Securities held to maturity, fair value	1,050	1,050
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	18,550	4,749
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	173	138
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(23)	(1)
Debt Securities, Available-for-sale	$ 18,700	$ 4,886

NOTE 2 - INVESTMENT SECURITIE_4

NOTE 2 - INVESTMENT SECURITIES - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	$ 48,872	$ 1,059
Securities held to maturity, less than 12 months, gross unrealized losses	(2,231)	(1)
Securities held to maturity, 12 months or more, fair value		10,047
Securities held to maturity, 12 months or more, gross unrealized losses		(142)
Securities held to maturity, fair value	48,872	11,106
Securities held to maturity, gross unrealized losses	(2,231)	(143)
Securities available for sale:
Securities available for sale, less than 12 months, fair value	49,820	20,829
Securities available for sale, less than 12 months, gross unrealized losses	(467)	(110)
Securities available for sale, 12 months or more, fair value		20,703
Securities available for sale, 12 months or more, gross unrealized losses		(225)
Securities available for sale, fair value	49,820	41,532
Securities available for sale, gross unrealized losses	(467)	(335)
Municipal securities
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	47,822	509
Securities held to maturity, less than 12 months, gross unrealized losses	(2,231)	(1)
Securities held to maturity, 12 months or more, fair value		10,047
Securities held to maturity, 12 months or more, gross unrealized losses		(142)
Securities held to maturity, fair value	47,822	10,556
Securities held to maturity, gross unrealized losses	(2,231)	(143)
Securities available for sale:
Securities available for sale, less than 12 months, fair value	12,105
Securities available for sale, less than 12 months, gross unrealized losses	(84)
Securities available for sale, 12 months or more, fair value		724
Securities available for sale, 12 months or more, gross unrealized losses		(4)
Securities available for sale, fair value	12,105	724
Securities available for sale, gross unrealized losses	(84)	(4)
U.S. govt. sponsored agency securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value		1,431
Securities available for sale, less than 12 months, gross unrealized losses		(21)
Securities available for sale, 12 months or more, fair value		2,117
Securities available for sale, 12 months or more, gross unrealized losses		(56)
Securities available for sale, fair value		3,548
Securities available for sale, gross unrealized losses		(77)
Residential mortgage-backed and related securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	19,127	2,263
Securities available for sale, less than 12 months, gross unrealized losses	(31)	(17)
Securities available for sale, 12 months or more, fair value		17,862
Securities available for sale, 12 months or more, gross unrealized losses		(165)
Securities available for sale, fair value	19,127	20,125
Securities available for sale, gross unrealized losses	(31)	(182)
Asset-backed securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	16,611	16,886
Securities available for sale, less than 12 months, gross unrealized losses	(329)	(71)
Securities available for sale, fair value	16,611	16,886
Securities available for sale, gross unrealized losses	(329)	(71)
Other Securities
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	1,050	550
Securities held to maturity, fair value	1,050	550
Securities available for sale:
Securities available for sale, less than 12 months, fair value	1,977	249
Securities available for sale, less than 12 months, gross unrealized losses	(23)	(1)
Securities available for sale, fair value	1,977	249
Securities available for sale, gross unrealized losses	$ (23)	$ (1)

NOTE 2 - INVESTMENT SECURITIE_5

NOTE 2 - INVESTMENT SECURITIES - Sales of Securities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
INVESTMENT SECURITIES
Proceeds from sales of securities	$ 6,327	$ 4,661
Gross gains from sales of securities	134
Gross losses from sales of securities	$ (69)	$ (52)

NOTE 2 - INVESTMENT SECURITIE_6

NOTE 2 - INVESTMENT SECURITIES - Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, due in one year or less, amortized cost	$ 3,448
Securities held to maturity, due in one year or less, fair value	3,469
Securities held to maturity, due after one year through five years, amortized cost	35,903
Securities held to maturity, due after one year through five years, fair value	36,526
Securities held to maturity, due after five years, amortized cost	386,625
Securities held to maturity, due after five years, fair value	405,073
Securities held to maturity, amortized cost	425,976
Securities held to maturity, fair value	445,068	$ 426,545
Securities available for sale:
Securities available for sale, due in one year or less, amortized cost	1,921
Securities available for sale, Due in one year or less, fair value	1,903
Securities available for sale, due after one year through five years, amortized cost	14,976
Securities available for sale, Due after one year through five years, fair value	15,411
Securities available for sale, due after five years, amortized cost	116,704
Securities available for sale, Due after five years, fair value	120,124
Securities available for sale, single maturity, amortized cost	133,601
Securities available for sale, single maturity, fair value	137,438
Securities available for sale, amortized cost	311,357	206,962
Securities available for sale, fair value	322,907	210,695
Callable Securities [Member]
Securities available for sale:
Securities available for sale, callable, amortized cost	88,511
Securities available for sale, callable, fair value	91,184
Municipal securities
Securities held to maturity:
Securities held to maturity, fair value	444,018	425,495
Securities available for sale:
Securities available for sale, amortized cost	98,388	46,659
Securities available for sale, fair value	101,266	48,257
Municipal securities \| Callable Securities [Member]
Securities held to maturity:
Securities held to maturity, callable, amortized cost	202,436
Securities held to maturity, callable, fair value	205,736
Securities available for sale:
Securities available for sale, callable, amortized cost	84,011
Securities available for sale, callable, fair value	86,534
Asset-backed securities
Securities held to maturity:
Securities held to maturity, callable, amortized cost	39,712
Securities held to maturity, callable, fair value	39,797
Securities available for sale:
Securities available for sale, amortized cost	39,712	16,958
Securities available for sale, fair value	39,797	16,887
Residential mortgage-backed and related securities
Securities held to maturity:
Securities held to maturity, callable, amortized cost	138,044
Securities held to maturity, callable, fair value	145,672
Securities available for sale:
Securities available for sale, amortized cost	138,044	118,724
Securities available for sale, fair value	145,672	120,587
Other Securities
Securities held to maturity:
Securities held to maturity, fair value	1,050	1,050
Securities available for sale:
Securities available for sale, amortized cost	18,550	4,749
Securities available for sale, fair value	18,700	$ 4,886
Other Securities \| Callable Securities [Member]
Securities available for sale:
Securities available for sale, callable, amortized cost	4,500
Securities available for sale, callable, fair value	$ 4,650

NOTE 3 - LOANS_LEASES RECEIVA_3

NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	3 Months Ended				6 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	Jun. 30, 2020USD ($)itemloan	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)itemloan	Sep. 30, 2018USD ($)	Jun. 30, 2020USD ($)contractitemloan	Jun. 30, 2019USD ($)loanitem
Loans and leases	$ 4,138,596	$ 3,681,346			$ 4,138,596
Loans receivable held for sale	8,327	3,673			8,327
Nonaccrual Loans/Leases	12,099	7,902			12,099
Accruing TDRs	$ 1,300	1,700			$ 1,300
Nonaccrual Loans/Leases \| loan	2		2		5	6
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 78	55	$ 589		$ 256	$ 711
Financing Receivable, Modifications, Subsequent Default, Number of Contracts \| item	2		3		3	3
Number of nonaccrual restructured loans \| loan	0				0
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down					$ 354	$ 161
Number of TDRs restructured and written off \| item	7		3		7	3
Accruing Past Due 90 Days or More	$ 99	33			$ 99
m2 Lease Funds, LLC
Financing Receivable, Modification, Number of Contracts \| contract					935
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 53,000				$ 53,000
Financial Receivables Loan Modification, Percent	1.20%				1.20%
Loan Relief Program
Financing Receivable, Modification, Number of Contracts \| contract					1,466
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 491,000				$ 491,000
Financial Receivables Loan Modification, Percent	11.86%				11.86%
One Customer [Member]
Financing Receivable, Modifications, Post-Modification Recorded Investment		93	$ 66			$ 66
Number of troubled debt restructurings written off \| item			2			2
Other Customers [Member]
Financing Receivable, Modifications, Post-Modification Recorded Investment			$ 1,500	$ 2,900
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down			$ 879
Nonaccrual [Member]
Nonaccrual Loans/Leases \| loan						2
Financing Receivable, Modifications, Post-Modification Recorded Investment						$ 65
Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	$ 352	747,000			$ 352
Residential Portfolio Segment [Member]
Loans and leases	241,069	239,904			241,069
Loans receivable held for sale	8,300	3,700			8,300
Nonaccrual Loans/Leases	936	706			936
Residential Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	31	31			31
Commercial Portfolio Segment [Member]
Loans and leases	1,850,110	1,507,825			1,850,110
Nonaccrual Loans/Leases	1,670	1,236			1,670
Accruing Past Due 90 Days or More	62				62
Commercial Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	129	98			129
Commercial Portfolio Segment [Member] \| m2 Lease Funds, LLC
Loans and leases	153,700	142,000			153,700
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,869,162	1,736,396			1,869,162
Commercial Real Estate Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases		269,000
Finance Leases Portfolio Segment [Member]
Loans and leases	79,105	87,869			79,105
Nonaccrual Loans/Leases	1,040	1,517			1,040
Finance Leases Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	138	294			138
Consumer Portfolio Segment [Member]
Loans and leases	99,150	109,352			99,150
Nonaccrual Loans/Leases	640	556			640
Accruing Past Due 90 Days or More	37	33			37
Consumer Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	$ 54	$ 55			$ 54

NOTE 3 - LOANS_LEASES RECEIVA_4

NOTE 3 - LOANS/LEASES RECEIVABLE - Composition of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Gross loans/leases receivable	$ 4,140,259		$ 3,690,205
Less allowance	(60,827)	$ (42,233)	(36,001)	$ (41,104)	$ (41,164)	$ (39,847)
Net loans/leases receivable	4,079,432		3,654,204
Plus deferred loan/lease origination costs, net of fees.	1,663		8,859
Loans and leases receivable	4,138,596		3,681,346
Commercial Portfolio Segment [Member]
Less allowance	(25,748)	(18,151)	(16,072)	(18,248)	(17,260)	(16,420)
Loans and leases receivable	1,850,110		1,507,825
Commercial Real Estate Portfolio Segment [Member]
Less allowance	(29,123)	(19,269)	(15,379)	(17,363)	(18,303)	(17,719)
Loans and leases receivable	1,869,162		1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable	467,537		443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases receivable	441,364		378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable	960,261		913,610
Finance Leases Portfolio Segment [Member]
Net minimum lease receivable	87,389		97,025
Estimated unguaranteed residual values of leased assets	616		547
Unearned lease/residual income	(8,900)		(9,703)
Gross loans/leases receivable	80,553		89,761
Less allowance	(1,639)	(1,303)	(1,464)	(1,459)	(1,606)	(1,792)
Net loans/leases receivable	78,914		88,297
Plus deferred loan/lease origination costs, net of fees.	1,448		1,892
Loans and leases receivable	79,105		87,869
Residential Portfolio Segment [Member]
Less allowance	(3,010)	(2,313)	(1,948)	(2,582)	(2,538)	(2,557)
Loans and leases receivable	241,069		239,904
Consumer Portfolio Segment [Member]
Less allowance	(1,307)	$ (1,197)	(1,138)	$ (1,452)	$ (1,457)	$ (1,359)
Loans and leases receivable	$ 99,150		$ 109,352

NOTE 3 - LOANS_LEASES RECEIVA_5

NOTE 3 - LOANS/LEASES RECEIVABLE - Changes in Accretable Yield (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Balance at the beginning of the period	$ (5,784)	$ (9,620)	$ (6,435)	$ (10,794)
Reclassification of nonaccretable discount to accretable		(159)	(30)	(159)
Accretion recognized	791	1,139	1,472	2,313
Balance at the end of the period	(4,993)	(8,640)	(4,993)	(8,640)
PCI Loans
Balance at the beginning of the period	(59)	(319)	(57)	(667)
Reclassification of nonaccretable discount to accretable		(159)	(30)	(159)
Accretion recognized	1	327	29	675
Balance at the end of the period	(58)	(151)	(58)	(151)
Performing Loans
Balance at the beginning of the period	(5,725)	(9,301)	(6,378)	(10,127)
Accretion recognized	790	812	1,443	1,638
Balance at the end of the period	$ (4,935)	$ (8,489)	$ (4,935)	$ (8,489)

NOTE 3 - LOANS_LEASES RECEIVA_6

NOTE 3 - LOANS/LEASES RECEIVABLE - Aging of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current	$ 4,121,579	$ 3,659,453
Accruing Past Due 90 Days or More	99	33
Financing Receivable, Recorded Investment, Nonaccrual Status	12,099	7,902
Loans and leases	$ 4,138,596	$ 3,681,346
Current as a percentage of total loan/lease portfolio	99.59%	99.41%
Accruing past due 90 days or more as a percentage of total loan/lease portfolio		0.00%
Nonaccrual Loans/Leases as a percentage of total loan/lease portfolio	0.29%	0.21%
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	$ 3,742	$ 12,638
Past due as a percentage of total loan/lease portfolio	0.09%	0.34%
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	$ 1,078	$ 1,320
Past due as a percentage of total loan/lease portfolio	0.03%	0.04%
Commercial Portfolio Segment [Member]
Current	$ 1,846,417	$ 1,499,891
Accruing Past Due 90 Days or More	62
Financing Receivable, Recorded Investment, Nonaccrual Status	1,670	1,236
Loans and leases	1,850,110	1,507,825
Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	1,650	6,126
Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	311	572
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,869,162	1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Current	467,032	443,707
Financing Receivable, Recorded Investment, Nonaccrual Status	320	34
Loans and leases	467,537	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Current	441,336	375,940
Loans and leases	441,364	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Current	950,993	909,684
Financing Receivable, Recorded Investment, Nonaccrual Status	7,492	3,853
Loans and leases	960,261	913,610
Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Past Due		177
Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member] \| Construction Loans [Member]
Past Due	28	2,857
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	1,776	73
Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Past Due	185	71
Finance Leases Portfolio Segment [Member]
Current	77,637	85,636
Financing Receivable, Recorded Investment, Nonaccrual Status	1,040	1,517
Loans and leases	79,105	87,869
Finance Leases Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	277	463
Finance Leases Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	151	253
Residential Portfolio Segment [Member]
Current	239,729	235,845
Financing Receivable, Recorded Investment, Nonaccrual Status	936	706
Loans and leases	241,069	239,904
Residential Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		2,939
Residential Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	404	414
Consumer Portfolio Segment [Member]
Current	98,435	108,750
Accruing Past Due 90 Days or More	37	33
Financing Receivable, Recorded Investment, Nonaccrual Status	640	556
Loans and leases	99,150	109,352
Consumer Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	11	3
Consumer Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	$ 27	$ 10

NOTE 3 - LOANS_LEASES RECEIVA_7

NOTE 3 - LOANS/LEASES RECEIVABLE - Loans Leases Nonperforming Loans Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Accruing Past Due 90 Days or More	$ 99	$ 33
Nonaccrual Loans/Leases	12,099	7,902
Accruing TDRs	1,300	1,700
Loans and Leases Receivable, Net of Deferred Income	$ 4,138,596	$ 3,681,346
Percentage of Total NPLs	100.00%	100.00%
Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	$ 99	$ 33
Nonaccrual Loans/Leases	12,099	7,902
Accruing TDRs	920	979
Loans and Leases Receivable, Net of Deferred Income	$ 13,118	$ 8,914
Percentage of Total NPLs	100.00%	100.00%
Commercial Portfolio Segment [Member]
Accruing Past Due 90 Days or More	$ 62
Nonaccrual Loans/Leases	1,670	$ 1,236
Loans and Leases Receivable, Net of Deferred Income	1,850,110	1,507,825
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	62
Nonaccrual Loans/Leases	1,670	1,236
Accruing TDRs	652	646
Loans and Leases Receivable, Net of Deferred Income	$ 2,384	$ 1,882
Percentage of Total NPLs	18.17%	21.12%
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 1,869,162	$ 1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	320	34
Loans and Leases Receivable, Net of Deferred Income	467,537	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and Leases Receivable, Net of Deferred Income	441,364	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	7,492	3,853
Loans and Leases Receivable, Net of Deferred Income	960,261	913,610
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	320	34
Loans and Leases Receivable, Net of Deferred Income	$ 320	$ 34
Percentage of Total NPLs	2.44%	0.38%
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	$ 7,492	$ 3,853
Loans and Leases Receivable, Net of Deferred Income	$ 7,492	$ 3,853
Percentage of Total NPLs	57.12%	43.22%
Finance Leases Portfolio Segment [Member]
Nonaccrual Loans/Leases	$ 1,040	$ 1,517
Loans and Leases Receivable, Net of Deferred Income	79,105	87,869
Finance Leases Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	1,040	1,517
Accruing TDRs	268	333
Loans and Leases Receivable, Net of Deferred Income	$ 1,308	$ 1,850
Percentage of Total NPLs	9.97%	20.75%
Residential Portfolio Segment [Member]
Nonaccrual Loans/Leases	$ 936	$ 706
Loans and Leases Receivable, Net of Deferred Income	241,069	239,904
Residential Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	936	706
Loans and Leases Receivable, Net of Deferred Income	$ 936	$ 706
Percentage of Total NPLs	7.14%	7.92%
Consumer Portfolio Segment [Member]
Accruing Past Due 90 Days or More	$ 37	$ 33
Nonaccrual Loans/Leases	640	556
Loans and Leases Receivable, Net of Deferred Income	99,150	109,352
Consumer Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	37	33
Nonaccrual Loans/Leases	640	556
Loans and Leases Receivable, Net of Deferred Income	$ 677	$ 589
Percentage of Total NPLs	5.16%	6.61%

NOTE 3 - LOANS_LEASES RECEIVA_8

NOTE 3 - LOANS/LEASES RECEIVABLE - Allowance for Estimated Losses on Loans Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Balance	$ 42,233	$ 41,164	$ 36,001	$ 39,847
Provisions charged to expense	19,915	1,941	28,282	4,075
Loans/leases charged off	(1,450)	(2,152)	(3,785)	(3,212)
Recoveries on loans/leases previously charged off	129	151	329	394
Balance	60,827	41,104	60,827	41,104
Allowance for impaired loans/leases					$ 2,154	$ 660
Allowance for nonimpaired loans/leases					58,673	35,341
Less allowance for estimated losses on loans/leases	42,233	41,104	36,001	41,104	60,827	36,001
Impaired loans/leases					13,305	8,661
Nonimpaired loans/leases					4,125,291	3,672,685
Loans and leases					$ 4,138,596	$ 3,681,346
Allowance as a percentage of impaired loans/leases					16.19%	7.62%
Allowance as a percentage of nonimpaired loans/leases					1.42%	0.96%
Total allowance as a percentage of total loans/leases					1.47%	0.98%
Commercial Portfolio Segment [Member]
Balance	18,151	17,260	16,072	16,420
Provisions charged to expense	7,859	1,116	11,556	2,123
Loans/leases charged off	(340)	(193)	(1,979)	(527)
Recoveries on loans/leases previously charged off	78	65	99	232
Balance	25,748	18,248	25,748	18,248
Allowance for impaired loans/leases					$ 341	$ 170
Allowance for nonimpaired loans/leases					25,407	15,902
Less allowance for estimated losses on loans/leases	25,748	18,248	16,072	16,420	25,748	16,072
Impaired loans/leases					2,547	1,846
Nonimpaired loans/leases					1,847,563	1,505,979
Loans and leases					$ 1,850,110	$ 1,507,825
Allowance as a percentage of impaired loans/leases					13.39%	9.21%
Allowance as a percentage of nonimpaired loans/leases					1.38%	1.06%
Total allowance as a percentage of total loans/leases					1.39%	1.07%
Commercial Real Estate Portfolio Segment [Member]
Balance	19,269	18,303	15,379	17,719
Provisions charged to expense	10,365	414	14,181	948
Loans/leases charged off	(511)	(1,369)	(511)	(1,369)
Recoveries on loans/leases previously charged off		15	74	65
Balance	29,123	17,363	29,123	17,363
Allowance for impaired loans/leases					$ 1,692	$ 125
Allowance for nonimpaired loans/leases					27,431	15,254
Less allowance for estimated losses on loans/leases	29,123	17,363	29,123	17,719	29,123	15,379
Impaired loans/leases					7,815	3,585
Nonimpaired loans/leases					1,861,347	1,732,811
Loans and leases					$ 1,869,162	$ 1,736,396
Allowance as a percentage of impaired loans/leases					21.65%	3.49%
Allowance as a percentage of nonimpaired loans/leases					1.47%	0.88%
Total allowance as a percentage of total loans/leases					1.56%	0.89%
Finance Leases Portfolio Segment [Member]
Balance	1,303	1,606	1,464	1,792
Provisions charged to expense	887	331	1,281	776
Loans/leases charged off	(595)	(497)	(1,195)	(1,149)
Recoveries on loans/leases previously charged off	44	19	89	40
Balance	1,639	1,459	1,639	1,459
Allowance for impaired loans/leases					$ 20	$ 270
Allowance for nonimpaired loans/leases					1,619	1,194
Less allowance for estimated losses on loans/leases	1,303	1,459	1,464	1,459	1,639	1,464
Impaired loans/leases					1,419	2,025
Nonimpaired loans/leases					77,686	85,844
Loans and leases					$ 79,105	$ 87,869
Allowance as a percentage of impaired loans/leases					1.41%	13.33%
Allowance as a percentage of nonimpaired loans/leases					2.08%	1.39%
Total allowance as a percentage of total loans/leases					2.07%	1.67%
Residential Portfolio Segment [Member]
Balance	2,313	2,538	1,948	2,557
Provisions charged to expense	697	86	1,033	68
Loans/leases charged off		(73)		(73)
Recoveries on loans/leases previously charged off		31	29	30
Balance	3,010	2,582	3,010	2,582
Allowance for impaired loans/leases					$ 23	$ 15
Allowance for nonimpaired loans/leases					2,987	1,933
Less allowance for estimated losses on loans/leases	3,010	2,582	1,948	2,557	3,010	1,948
Impaired loans/leases					884	649
Nonimpaired loans/leases					240,185	239,255
Loans and leases					$ 241,069	$ 239,904
Allowance as a percentage of impaired loans/leases					2.60%	2.31%
Allowance as a percentage of nonimpaired loans/leases					1.24%	0.81%
Total allowance as a percentage of total loans/leases					1.25%	0.81%
Consumer Portfolio Segment [Member]
Balance	1,197	1,457	1,138	1,359
Provisions charged to expense	107	(6)	231	160
Loans/leases charged off	(4)	(20)	(100)	(94)
Recoveries on loans/leases previously charged off	7	21	38	27
Balance	1,307	1,452	1,307	1,452
Allowance for impaired loans/leases					$ 78	$ 80
Allowance for nonimpaired loans/leases					1,229	1,058
Less allowance for estimated losses on loans/leases	$ 1,307	$ 1,452	$ 1,138	$ 1,452	1,307	1,138
Impaired loans/leases					640	556
Nonimpaired loans/leases					98,510	108,796
Loans and leases					$ 99,150	$ 109,352
Allowance as a percentage of impaired loans/leases					12.19%	14.41%
Allowance as a percentage of nonimpaired loans/leases					1.25%	0.97%
Total allowance as a percentage of total loans/leases					1.32%	1.04%

NOTE 3 - LOANS_LEASES RECEIVA_9

NOTE 3 - LOANS/LEASES RECEIVABLE - Impaired Loans Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Recorded investment with no specific allowance recorded	$ 5,813		$ 5,813	$ 4,912
Unpaid principal balance with no specific allowance recorded	6,171		6,171	5,115
Average recorded investment with no specific allowance recorded	5,379	$ 9,877	4,760
Interest income recognized with no specific allowance recorded	26	74	50
Interest income recognized for cash payments received with no specific allowance recorded	26	74	50
Recorded investment with specific allowance recorded	7,492		7,492	3,749
Unpaid principal balance with specific allowance recorded	7,492		7,492	3,749
Average recorded investment with specific allowance recorded	7,475	5,495	6,140	660
Interest income recognized with specific allowance recorded		10
Interest income recognized for cash payments received with specific allowance recorded		10
Recorded investment	13,305		13,305	8,661
Unpaid principal balance	13,663		13,663	8,864
Related allowance	2,154		2,154	660
Average recorded investment	12,854	15,372	10,900
Interest income recognized	26	84	50
Interest income recognized for cash payments received	26	84	50
Owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	320		320	34
Unpaid principal balance with no specific allowance recorded	577		577	50
Average recorded investment with no specific allowance recorded	174	194	128
Interest income recognized with no specific allowance recorded		7
Interest income recognized for cash payments received with no specific allowance recorded		7
Average recorded investment with specific allowance recorded		127
Recorded investment	320		320	34
Unpaid principal balance	577		577	50
Average recorded investment	174	321	128
Interest income recognized		7
Interest income recognized for cash payments received		7
Construction Loans [Member]
Average recorded investment with no specific allowance recorded		603
Interest income recognized with no specific allowance recorded		6
Interest income recognized for cash payments received with no specific allowance recorded		6
Average recorded investment with specific allowance recorded		143
Average recorded investment		746
Interest income recognized		6
Interest income recognized for cash payments received		6
Other Non-owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	965		965	684
Unpaid principal balance with no specific allowance recorded	965		965	686
Average recorded investment with no specific allowance recorded	978	3,985	742
Interest income recognized with no specific allowance recorded	7	22	14
Interest income recognized for cash payments received with no specific allowance recorded	7	22	14
Recorded investment with specific allowance recorded	6,530		6,530	2,867
Unpaid principal balance with specific allowance recorded	6,530		6,530	2,867
Average recorded investment with specific allowance recorded	6,560	1,980	5,329	125
Recorded investment	7,495		7,495	3,551
Unpaid principal balance	7,495		7,495	3,553
Related allowance	1,692		1,692	125
Average recorded investment	7,538	5,965	6,071
Interest income recognized	7	22	14
Interest income recognized for cash payments received	7	22	14
Commercial Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	1,978		1,978	1,607
Unpaid principal balance with no specific allowance recorded	2,051		2,051	1,647
Average recorded investment with no specific allowance recorded	1,742	1,683	1,512
Interest income recognized with no specific allowance recorded	13	29	25
Interest income recognized for cash payments received with no specific allowance recorded	13	29	25
Recorded investment with specific allowance recorded	569		569	239
Unpaid principal balance with specific allowance recorded	569		569	239
Average recorded investment with specific allowance recorded	568	2,046	479	170
Interest income recognized with specific allowance recorded		9
Interest income recognized for cash payments received with specific allowance recorded		9
Recorded investment	2,547		2,547	1,846
Unpaid principal balance	2,620		2,620	1,886
Related allowance	341		341	170
Average recorded investment	2,310	3,729	1,991
Interest income recognized	13	38	25
Interest income recognized for cash payments received	13	38	25
Finance Leases Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	1,364		1,364	1,642
Unpaid principal balance with no specific allowance recorded	1,364		1,364	1,642
Average recorded investment with no specific allowance recorded	1,411	1,795	1,379
Interest income recognized with no specific allowance recorded	6	7	11
Interest income recognized for cash payments received with no specific allowance recorded	6	7	11
Recorded investment with specific allowance recorded	55		55	383
Unpaid principal balance with specific allowance recorded	55		55	383
Average recorded investment with specific allowance recorded	57	227	59	270
Recorded investment	1,419		1,419	2,025
Unpaid principal balance	1,419		1,419	2,025
Related allowance	20		20	270
Average recorded investment	1,468	2,022	1,438
Interest income recognized	6	7	11
Interest income recognized for cash payments received	6	7	11
Residential Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	624		624	469
Unpaid principal balance with no specific allowance recorded	652		652	614
Average recorded investment with no specific allowance recorded	524	801	474
Recorded investment with specific allowance recorded	260		260	180
Unpaid principal balance with specific allowance recorded	260		260	180
Average recorded investment with specific allowance recorded	220	822	206	15
Interest income recognized with specific allowance recorded		1
Interest income recognized for cash payments received with specific allowance recorded		1
Recorded investment	884		884	649
Unpaid principal balance	912		912	794
Related allowance	23		23	15
Average recorded investment	744	1,623	680
Interest income recognized		1
Interest income recognized for cash payments received		1
Consumer Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	562		562	476
Unpaid principal balance with no specific allowance recorded	562		562	476
Average recorded investment with no specific allowance recorded	550	816	525
Interest income recognized with no specific allowance recorded		3
Interest income recognized for cash payments received with no specific allowance recorded		3
Recorded investment with specific allowance recorded	78		78	80
Unpaid principal balance with specific allowance recorded	78		78	80
Average recorded investment with specific allowance recorded	70	150	67	80
Recorded investment	640		640	556
Unpaid principal balance	640		640	556
Related allowance	78		78	$ 80
Average recorded investment	$ 620	966	$ 592
Interest income recognized		3
Interest income recognized for cash payments received		$ 3

NOTE 3 - LOANS_LEASES RECEIV_10

NOTE 3 - LOANS/LEASES RECEIVABLE - Loans by Internally Assigned Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans and leases	$ 4,138,596	$ 3,681,346
Commercial Portfolio Segment [Member]
Loans and leases	1,850,110	1,507,825
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	1,696,455	1,365,847
Commercial Portfolio Segment [Member] \| Pass [Member]
Loans and leases	1,643,654	1,334,446
Commercial Portfolio Segment [Member] \| Special Mention [Member]
Loans and leases	29,046	12,962
Commercial Portfolio Segment [Member] \| Substandard [Member]
Loans and leases	23,755	18,439
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,869,162	1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	467,537	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases	441,364	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	960,261	913,610
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	467,537	443,989
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Construction Loans [Member]
Loans and leases	441,364	378,797
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	960,261	913,610
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	463,570	439,418
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Construction Loans [Member]
Loans and leases	430,206	378,572
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	883,724	896,206
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	857	3,044
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Construction Loans [Member]
Loans and leases	11,158	41
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	63,547	3,905
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	3,110	1,527
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Construction Loans [Member]
Loans and leases		184
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	12,990	13,499
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	$ 3,565,617	$ 3,102,243
As a % of Total	100.00%	100.00%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Pass [Member]
Loans and leases	$ 3,421,154	$ 3,048,642
As a % of Total	95.95%	98.28%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Special Mention [Member]
Loans and leases	$ 104,608	$ 19,952
As a % of Total	2.93%	0.65%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Substandard [Member]
Loans and leases	$ 39,855	$ 33,649
As a % of Total	1.12%	1.09%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Doubtful [Member]
As a % of Total		0.01%

NOTE 3 - LOANS_LEASES RECEIV_11

NOTE 3 - LOANS/LEASES RECEIVABLE - Leases By Delinquency Status (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans and leases	$ 4,138,596	$ 3,681,346
Nonperforming Financial Instruments [Member]
Loans and leases	13,118	8,914
Commercial Portfolio Segment [Member]
Loans and leases	1,850,110	1,507,825
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	1,696,455	1,365,847
Commercial Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	153,655	141,978
Commercial Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	151,242	140,992
Commercial Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	2,413	986
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	2,384	1,882
Finance Leases Portfolio Segment [Member]
Loans and leases	79,105	87,869
Finance Leases Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	79,105	87,869
Finance Leases Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	77,797	86,019
Finance Leases Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	1,308	1,850
Finance Leases Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	1,308	1,850
Residential Portfolio Segment [Member]
Loans and leases	241,069	239,904
Residential Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	241,069	239,904
Residential Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	240,133	239,198
Residential Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	936	706
Residential Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	936	706
Consumer Portfolio Segment [Member]
Loans and leases	99,150	109,352
Consumer Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	99,150	109,352
Consumer Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	98,472	108,763
Consumer Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	678	589
Consumer Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	677	589
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	$ 3,565,617	$ 3,102,243
As a % of Total	100.00%	100.00%
Lease Residential and Consumer Portfolio Segments [Member] \| Delinquency Status [Member]
Loans and leases	$ 572,979	$ 579,103
As a % of Total	100.00%	100.00%
Lease Residential and Consumer Portfolio Segments [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	$ 567,644	$ 574,972
As a % of Total	99.07%	99.29%
Lease Residential and Consumer Portfolio Segments [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	$ 5,335	$ 4,131
As a % of Total	0.93%	0.71%

NOTE 3 - LOANS_LEASES RECEIV_12

NOTE 3 - LOANS/LEASES RECEIVABLE - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)loan	Jun. 30, 2020USD ($)loan	Jun. 30, 2019USD ($)loan
Number of Loans / Leases \| loan	2		2	5	6
Pre-Modification Recorded Investment	$ 78		$ 639	$ 256	$ 761
Post-Modification Recorded Investment	$ 78	$ 55	$ 589	$ 256	711
Specific Allowance					$ 5
Payment Deferral [Member]
Number of Loans / Leases \| loan	2		1	5	5
Pre-Modification Recorded Investment	$ 78		$ 52	$ 256	$ 174
Post-Modification Recorded Investment	$ 78		$ 52	$ 256	174
Specific Allowance					$ 5
Principal Forgiveness [Member]
Number of Loans / Leases \| loan			1
Pre-Modification Recorded Investment			$ 587
Post-Modification Recorded Investment			$ 537
Finance Leases Portfolio Segment [Member] \| Payment Deferral [Member]
Number of Loans / Leases \| loan	2			3	3
Pre-Modification Recorded Investment	$ 78			$ 145	$ 103
Post-Modification Recorded Investment	$ 78			$ 145	103
Specific Allowance					$ 5
Commercial Portfolio Segment [Member] \| Payment Deferral [Member]
Number of Loans / Leases \| loan			1	2	2
Pre-Modification Recorded Investment			$ 52	$ 111	$ 71
Post-Modification Recorded Investment			$ 52	$ 111	$ 71
Commercial Portfolio Segment [Member] \| Principal Forgiveness [Member]
Number of Loans / Leases \| loan			1		1
Pre-Modification Recorded Investment			$ 587		$ 587
Post-Modification Recorded Investment			$ 537		$ 537

NOTE 4 - DERIVATIVES AND HEDG_3

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	Dec. 03, 2019	Jun. 30, 2020	Dec. 31, 2019
Deposits		$ 4,349,775	$ 3,911,051
Cash Flow Hedging [Member]
Deposits			$ 375,000
Interest rate cap \| Cash Flow Hedging [Member]
Initial premium paid upfront for the two caps	$ 4,300

NOTE 4 - DERIVATIVES AND HEDG_4

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Summary of Interest Rate Swaps Derivatives (Details) - Designated as Hedging Instrument [Member] - Cash Flow Hedging [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Derivative Instrument One Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Derivative Instrument Two Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Derivative Instrument Three Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%
Derivative Instrument Four Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Derivative Instrument One Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Derivative Instrument Two Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Derivative Instrument Three Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%
Derivative Instrument Four Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Derivative Instrument One Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Derivative Instrument Two Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Derivative Instrument Three Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%
Derivative Instrument Four Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Interest rate swap
Receive Rate	1.92%
Pay Rate	5.24%
CRBT - FHLB Advances or Brokered CDs [Member]
Receive Rate	0.31%
Pay Rate	1.12%
SFCB - FHLB Advances or Brokered CDs [Member]
Receive Rate	0.32%
Pay Rate	0.95%
QCR Holdings Statutory Trust II
Receive Rate	3.16%
Pay Rate	5.85%
QCR Holdings Statutory Trust III
Receive Rate	3.16%
Pay Rate	5.85%
QCR Holdings Statutory Trust V
Receive Rate	2.77%
Pay Rate	4.54%
Community National Statutory Trust II
Receive Rate	2.48%
Pay Rate	5.17%
Community National Statutory Trust III
Receive Rate	2.06%
Pay Rate	4.75%
Guaranty Bankshares Statutory Trust I
Receive Rate	2.06%
Pay Rate	4.75%
Other Assets \| Derivative Instrument One Maturing 2023 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	13	$ 112
Other Assets \| Derivative Instrument Two Maturing 2023 [Member]
Notional Amount	50,000
Fair Value - Asset	26	218
Other Assets \| Derivative Instrument Three Maturing 2023 [Member]
Notional Amount	25,000
Fair Value - Asset	12	96
Other Assets \| Derivative Instrument Four Maturing 2023 [Member]
Notional Amount	25,000
Fair Value - Asset	13	109
Other Assets \| Derivative Instrument One Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	26	214
Other Assets \| Derivative Instrument Two Maturing 2024 [Member]
Notional Amount	50,000
Fair Value - Asset	52	401
Other Assets \| Derivative Instrument Three Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	26	202
Other Assets \| Derivative Instrument Four Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	26	201
Other Assets \| Derivative Instrument One Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	48	337
Other Assets \| Derivative Instrument Two Maturing 2025 [Member]
Notional Amount	50,000
Fair Value - Asset	97	617
Other Assets \| Derivative Instrument Three Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	50	332
Other Assets \| Derivative Instrument Four Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	48	309
Other Assets \| Interest rate swap
Notional Amount	375,000
Fair Value - Asset	437	3,148
Derivative Liabilities \| Interest rate swap
Notional Amount	79,000
Fair Value - Liability	(8,862)	(3,758)
Derivative Liabilities \| CRBT - FHLB Advances or Brokered CDs [Member]
Notional Amount	30,000
Fair Value - Liability	(730)
Derivative Liabilities \| SFCB - FHLB Advances or Brokered CDs [Member]
Notional Amount	10,000
Fair Value - Liability	(200)
Derivative Liabilities \| QCR Holdings Statutory Trust II
Notional Amount	10,000
Fair Value - Liability	(2,051)	(971)
Derivative Liabilities \| QCR Holdings Statutory Trust III
Notional Amount	8,000
Fair Value - Liability	(1,641)	(777)
Derivative Liabilities \| QCR Holdings Statutory Trust V
Notional Amount	10,000
Fair Value - Liability	(1,993)	(944)
Derivative Liabilities \| Community National Statutory Trust II
Notional Amount	3,000
Fair Value - Liability	(613)	(291)
Derivative Liabilities \| Community National Statutory Trust III
Notional Amount	3,500
Fair Value - Liability	(715)	(339)
Derivative Liabilities \| Guaranty Bankshares Statutory Trust I
Notional Amount	4,500
Fair Value - Liability	$ (919)	$ (436)

NOTE 4 - DERIVATIVES AND HEDG_5

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Significantly Impact of operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Derivative Assets	$ 225,164		$ 225,164		$ 87,827
Derivative Liabilities	233,589		233,589		88,437
Fee Income On Derivative Contracts	19,900	$ 7,900	26,700	$ 11,100
Not Designated as Hedging Instrument [Member] \| Interest rate swap
Derivative Asset, Notional Amount	1,100,913		1,100,913		787,221
Derivative Assets	224,727		224,727		84,679
Derivative Liability, Notional Amount	1,100,913		1,100,913		787,221
Derivative Liabilities	$ 224,727		$ 224,727		$ 84,679

NOTE 4 - DERIVATIVES AND HEDG_6

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Hedged Interest Rate Swaps and Non-hedged Interest Rate Swaps (Details) - Interest rate swap - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 232,960	$ 109,647
Cash
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	80,250	10,990
U.S. govt. sponsored agency securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	3,657	3,541
Municipal securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	41,863	68,089
Residential mortgage-backed and related securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 107,190	$ 27,027

NOTE 5 - EARNINGS PER SHARE - B

NOTE 5 - EARNINGS PER SHARE - Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
EARNINGS PER SHARE
Net income	$ 13,739	$ 11,228	$ 13,504	$ 12,918	$ 24,967	$ 26,422
Basic EPS	$ 0.87		$ 0.86		$ 1.58	$ 1.68
Diluted EPS	$ 0.86		$ 0.85		$ 1.56	$ 1.66
Weighted average common shares outstanding (in shares)	15,747,056		15,714,588		15,771,926	15,703,967
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan (in shares)	148,280		223,789		185,032	226,692
Weighted average common and common equivalent shares outstanding (in shares)	15,895,336		15,938,377		15,956,958	15,930,659

NOTE 6 - FAIR VALUE (Details)

NOTE 6 - FAIR VALUE (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Securities available for sale, at fair value	$ 322,907	$ 210,695
Derivatives	225,164	87,827
Assets Fair Value	5,991	7,853
Derivatives	233,589	88,437
Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	5,991	7,853
Fair Value, Measurements, Recurring [Member]
Derivatives	225,164	87,827
Assets Fair Value	548,071	298,522
Liabilities Fair Value	233,589	88,437
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Derivatives	233,589	88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives	225,164	87,827
Assets Fair Value	548,071	298,522
Liabilities Fair Value	233,589	88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Derivatives	233,589	88,437
U.S. govt. sponsored agency securities
Securities available for sale, at fair value	17,472	20,078
U.S. govt. sponsored agency securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	17,472	20,078
U.S. govt. sponsored agency securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	17,472	20,078
Residential mortgage-backed and related securities
Securities available for sale, at fair value	145,672	120,587
Residential mortgage-backed and related securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	145,672	120,587
Residential mortgage-backed and related securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	145,672	120,587
Asset-backed securities
Securities available for sale, at fair value	39,797	16,887
Asset-backed securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	39,797	16,887
Asset-backed securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	39,797	16,887
Municipal securities
Securities available for sale, at fair value	101,266	48,257
Municipal securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	101,266	48,257
Municipal securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	101,266	48,257
Other Securities
Securities available for sale, at fair value	18,700	4,886
Other Securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	18,700	4,886
Other Securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	18,700	4,886
Impaired Loans Leases [Member]
Assets Fair Value	5,821	3,394
Impaired Loans Leases [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	5,821	3,394
Other Real Estate Owned [Member]
Assets Fair Value	170	4,459
Other Real Estate Owned [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	$ 170	$ 4,459

NOTE 6 - FAIR VALUE - Quantitat

NOTE 6 - FAIR VALUE - Quantitative Information About Level Fair Value Measurements (Details) $ in Thousands	Jun. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Fair value	$ 5,991	$ 7,853
Impaired Loans Leases [Member]
Fair value	$ 5,821	3,394
Valuation technique	qcrh:ValuationTechniqueAppraisalOfCollateralMember
Unobservable input	us-gaap:MeasurementInputAppraisedValueMember
Impaired Loans Leases [Member] \| Minimum
Impaired loans/leases, measurement input \| item	(10)
Impaired Loans Leases [Member] \| Maximum
Impaired loans/leases, measurement input \| item	(30)
Other Real Estate Owned [Member]
Fair value	$ 170	4,459
Valuation technique, OREO	qcrh:ValuationTechniqueAppraisalOfCollateralMember
Unobservable input, OREO	us-gaap:MeasurementInputAppraisedValueMember
Other Real Estate Owned [Member] \| Minimum
OREO, measurement input \| item	0
Other Real Estate Owned [Member] \| Maximum
OREO, measurement input \| item	(35)
Fair Value, Inputs, Level 3 [Member]
Fair value	$ 5,991	7,853
Fair Value, Inputs, Level 3 [Member] \| Impaired Loans Leases [Member]
Fair value	5,821	3,394
Fair Value, Inputs, Level 3 [Member] \| Other Real Estate Owned [Member]
Fair value	$ 170	$ 4,459

NOTE 6 - FAIR VALUE - Carrying

NOTE 6 - FAIR VALUE - Carrying Values and Estimated Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Interest-bearing deposits at financial institutions	$ 140,775		$ 147,891
Securities held to maturity, fair value	445,068		426,545
Securities available for sale, at fair value	322,907		210,695
Derivatives	225,164		87,827
Subordinated notes		$ 63,393
Interest rate swaps - liabilities	233,589		88,437
Fair Value, Inputs, Level 1 [Member] \| Reported Value Measurement [Member]
Cash and due from banks	88,577		76,254
Fair Value, Inputs, Level 1 [Member] \| Estimate of Fair Value Measurement [Member]
Cash and due from banks	88,577		76,254
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member]
Federal funds sold	2,125		9,800
Securities held to maturity, fair value	425,976		400,646
Securities available for sale, at fair value	322,907		210,695
Loans/leases receivable, net	4,074,042		3,651,061
Short-term borrowings	124,818		13,423
FHLB advances	145,000		159,300
Subordinated notes	68,516		68,394
Junior subordinated debentures	37,916		37,838
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits	3,674,337		3,184,726
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Time Deposits [Member]
Deposits	675,438		726,325
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate cap
Derivatives	225,164		87,827
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate swap
Interest rate swaps - liabilities	233,589		88,437
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	140,775		147,891
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member]
Federal funds sold	2,125		9,800
Securities held to maturity, fair value	445,068		426,545
Securities available for sale, at fair value	322,907		210,695
Loans/leases receivable, net	4,049,076		3,606,520
Short-term borrowings	124,818		13,423
FHLB advances	146,788		159,193
Subordinated notes	68,705		68,563
Junior subordinated debentures	30,458		30,477
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits	3,674,337		3,184,726
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Time Deposits [Member]
Deposits	682,827		742,444
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate cap
Derivatives	225,164		87,827
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate swap
Interest rate swaps - liabilities	233,589		88,437
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	140,775		147,891
Fair Value, Inputs, Level 3 [Member] \| Reported Value Measurement [Member]
Loans/leases receivable, net	5,390		3,143
Fair Value, Inputs, Level 3 [Member] \| Estimate of Fair Value Measurement [Member]
Loans/leases receivable, net	5,821		3,394
Fair Value, Measurements, Recurring [Member]
Derivatives	225,164		87,827
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Interest rate swaps - liabilities	233,589		88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives	225,164		87,827
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Interest rate swaps - liabilities	$ 233,589		$ 88,437

NOTE 7 - BUSINESS SEGMENT INF_3

NOTE 7 - BUSINESS SEGMENT INFORMATION - (Details) $ in Thousands	Jun. 30, 2020USD ($)subsidiary
Number of subsidiaries commercial banks	4
Commercial Banking
Number of subsidiaries commercial banks	4
Wealth Management Segment [Member]
Assets allocated \| $	$ 0

NOTE 7 - BUSINESS SEGMENT INF_4

NOTE 7 - BUSINESS SEGMENT INFORMATION - Selected Financial Information on the Company's Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Total revenue	$ 77,276		$ 71,246		$ 141,454	$ 135,341
Net interest income	40,948		38,013		78,646	74,921
Provision for loan/lease losses	19,915		1,941		28,282	4,075
Net income (loss)	13,739	$ 11,228	13,504	$ 12,918	24,967	26,422
Goodwill	74,248		77,748		74,248	77,748	$ 74,748
Intangibles	13,872		16,089		13,872	16,089	14,970
Total assets	5,604,761		5,194,852		5,604,761	5,194,852	$ 4,909,050
Intersegment Eliminations [Member]
Total revenue	(17,788)		(17,870)		(33,502)	(32,528)
Net interest income	245				477
Net income (loss)	(17,421)		(17,167)		(32,674)	(31,617)
Total assets	(765,385)		(613,033)		(765,385)	(613,033)
Commercial Banking \| QCBT \| Operating Segments [Member]
Total revenue	19,727		20,374		39,227	38,918
Net interest income	15,653		12,632		30,080	24,771
Provision for loan/lease losses	7,539		973		10,722	1,993
Net income (loss)	3,307		4,505		8,210	8,690
Goodwill	3,223		3,223		3,223	3,223
Total assets	1,984,245		1,637,115		1,984,245	1,637,115
Commercial Banking \| CRBT \| Operating Segments [Member]
Total revenue	34,612		23,575		56,607	42,819
Net interest income	12,820		10,785		24,206	21,193
Provision for loan/lease losses	7,160		300		9,410	725
Net income (loss)	10,580		6,928		16,957	12,028
Goodwill	14,980		14,980		14,980	14,980
Intangibles	2,437		2,935		2,437	2,935
Total assets	2,021,043		1,527,521		2,021,043	1,527,521
Commercial Banking \| CSB \| Operating Segments [Member]
Total revenue	9,752		9,730		19,802	19,000
Net interest income	7,538		7,294		15,038	14,260
Provision for loan/lease losses	2,811		151		4,775	301
Net income (loss)	591		2,207		1,629	4,363
Goodwill	9,888		9,888		9,888	9,888
Intangibles	3,643		4,328		3,643	4,328
Total assets	903,648		806,704		903,648	806,704
Commercial Banking \| SFC Bank \| Operating Segments [Member]
Total revenue	9,533		7,757		18,224	15,045
Net interest income	6,201		5,425		11,843	10,651
Provision for loan/lease losses	2,405		485		3,375	985
Net income (loss)	1,899		2,079		4,105	3,732
Goodwill	45,975		45,975		45,975	45,975
Intangibles	6,344		7,268		6,344	7,268
Total assets	745,470		671,644		745,470	671,644
Wealth Management Segment [Member] \| Operating Segments [Member]
Total revenue	3,627		4,249		7,665	8,478
Net income (loss)	986		583		1,806	1,741
Other Segments \| Operating Segments [Member]
Total revenue	17,813		23,431		33,431	43,609
Net interest income	(1,509)		1,877		(2,998)	4,046
Provision for loan/lease losses			32			71
Net income (loss)	13,797		14,369		24,934	27,485
Goodwill	182		3,682		182	3,682
Intangibles	1,448		1,558		1,448	1,558
Total assets	$ 715,740		$ 1,164,901		$ 715,740	$ 1,164,901

NOTE 8 - REGULATORY CAPITAL R_3

NOTE 8 - REGULATORY CAPITAL REQUIREMENTS - Capital Requirements (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Total risk-based capital, actual, amount	$ 630,347	$ 581,234
Total risk-based capital, actual, ratio	13.71%	13.33%
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 367,866	$ 348,937
Total risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	8.00%	8.00%
Total risk-based capital for capital adequacy purposes, amount	$ 482,824	$ 457,980
Total risk-based capital for capital adequacy purposes, ratio	10.50%	10.50%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 459,832	$ 436,171
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	$ 509,216	$ 481,702
Tier 1 risk-based capital, actual, ratio	11.07%	11.04%
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 275,899	$ 261,703
Tier 1 risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	6.00%	6.00%
Tier 1 risk-based capital for capital adequacy purposes, amount	$ 390,858	$ 370,746
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50%	8.50%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 367,866	$ 348,937
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Tier 1 leverage, actual, amount	$ 509,216	$ 481,702
Tier 1 leverage, actual, ratio	8.91%	9.53%
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 228,572	$ 202,207
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 228,572	$ 202,207
Tier 1 leverage for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 285,716	$ 252,758
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%
Common equity Tier 1, actual, amount	$ 471,300	$ 443,864
Common equity Tier 1, actual ratio	10.25%	10.18%
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 206,925	$ 196,277
Common equity Tier 1 for capital adequacy purposes, ratio, without capital conservation buffer	4.50%	4.50%
Common equity Tier 1 for capital adequacy purposes, amount	$ 321,883	$ 305,320
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 298,891	$ 283,511
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
QCBT
Total risk-based capital, actual, amount	$ 200,053	$ 183,855
Total risk-based capital, actual, ratio	12.40%	11.83%
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 129,068	$ 124,362
Total risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	8.00%	8.00%
Total risk-based capital for capital adequacy purposes, amount	$ 169,401	$ 163,225
Total risk-based capital for capital adequacy purposes, ratio	10.50%	10.50%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 161,335	$ 155,452
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	$ 179,859	$ 170,137
Tier 1 risk-based capital, actual, ratio	11.15%	10.94%
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 96,801	$ 93,271
Tier 1 risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	6.00%	6.00%
Tier 1 risk-based capital for capital adequacy purposes, amount	$ 137,134	$ 132,134
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50%	8.50%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 129,068	$ 124,362
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Tier 1 leverage, actual, amount	$ 179,859	$ 170,137
Tier 1 leverage, actual, ratio	7.57%	9.94%
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 95,014	$ 68,479
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 95,014	$ 68,479
Tier 1 leverage for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 118,767	$ 85,598
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%
Common equity Tier 1, actual, amount	$ 179,859	$ 170,137
Common equity Tier 1, actual ratio	11.15%	10.94%
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 72,601	$ 69,953
Common equity Tier 1 for capital adequacy purposes, ratio, without capital conservation buffer	4.50%	4.50%
Common equity Tier 1 for capital adequacy purposes, amount	$ 112,934	$ 108,817
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 104,867	$ 101,044
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
CRBT
Total risk-based capital, actual, amount	$ 200,479	$ 175,498
Total risk-based capital, actual, ratio	12.15%	11.90%
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 132,034	$ 117,953
Total risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	8.00%	8.00%
Total risk-based capital for capital adequacy purposes, amount	$ 173,295	$ 154,813
Total risk-based capital for capital adequacy purposes, ratio	10.50%	10.50%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 165,043	$ 147,441
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	$ 179,841	$ 162,127
Tier 1 risk-based capital, actual, ratio	10.90%	11.00%
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 99,026	$ 88,465
Tier 1 risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	6.00%	6.00%
Tier 1 risk-based capital for capital adequacy purposes, amount	$ 140,287	$ 125,325
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50%	8.50%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 132,034	$ 117,953
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Tier 1 leverage, actual, amount	$ 179,841	$ 162,127
Tier 1 leverage, actual, ratio	9.66%	10.41%
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 74,475	$ 62,286
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 74,475	$ 62,286
Tier 1 leverage for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 93,094	$ 77,857
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%
Common equity Tier 1, actual, amount	$ 179,841	$ 162,127
Common equity Tier 1, actual ratio	10.90%	11.00%
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 74,269	$ 66,349
Common equity Tier 1 for capital adequacy purposes, ratio, without capital conservation buffer	4.50%	4.50%
Common equity Tier 1 for capital adequacy purposes, amount	$ 115,530	$ 103,209
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 107,278	$ 95,837
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
CSB
Total risk-based capital, actual, amount	$ 96,839	$ 92,095
Total risk-based capital, actual, ratio	12.76%	12.32%
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 60,732	$ 59,813
Total risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	8.00%	8.00%
Total risk-based capital for capital adequacy purposes, amount	$ 79,710	$ 78,504
Total risk-based capital for capital adequacy purposes, ratio	10.50%	10.50%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 75,915	$ 74,766
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	$ 87,338	$ 85,437
Tier 1 risk-based capital, actual, ratio	11.50%	11.43%
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 45,549	$ 44,860
Tier 1 risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	6.00%	6.00%
Tier 1 risk-based capital for capital adequacy purposes, amount	$ 64,527	$ 63,551
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50%	8.50%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 60,732	$ 59,813
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Tier 1 leverage, actual, amount	$ 87,338	$ 85,437
Tier 1 leverage, actual, ratio	9.86%	10.39%
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 35,430	$ 32,902
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 35,430	$ 32,902
Tier 1 leverage for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 44,287	$ 41,128
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%
Common equity Tier 1, actual, amount	$ 87,338	$ 85,437
Common equity Tier 1, actual ratio	11.50%	11.43%
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 34,162	$ 33,645
Common equity Tier 1 for capital adequacy purposes, ratio, without capital conservation buffer	4.50%	4.50%
Common equity Tier 1 for capital adequacy purposes, amount	$ 53,140	$ 52,336
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 49,344	$ 48,598
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
Springfield First Community Bank [Member]
Total risk-based capital, actual, amount	$ 79,054	$ 71,074
Total risk-based capital, actual, ratio	13.43%	12.72%
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 47,106	$ 44,704
Total risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	8.00%	8.00%
Total risk-based capital for capital adequacy purposes, amount	$ 61,827	$ 58,674
Total risk-based capital for capital adequacy purposes, ratio	10.50%	10.50%
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 58,883	$ 55,880
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	$ 68,519	$ 63,956
Tier 1 risk-based capital, actual, ratio	11.64%	11.45%
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 35,330	$ 33,528
Tier 1 risk-based capital for capital adequacy purposes, ratio, without capital conservation buffer	6.00%	6.00%
Tier 1 risk-based capital for capital adequacy purposes, amount	$ 50,050	$ 47,498
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50%	8.50%
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 47,106	$ 44,704
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Tier 1 leverage, actual, amount	$ 68,519	$ 63,956
Tier 1 leverage, actual, ratio	9.29%	9.70%
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 29,494	$ 26,379
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 29,494	$ 26,379
Tier 1 leverage for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 36,867	$ 32,974
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%
Common equity Tier 1, actual, amount	$ 68,519	$ 63,956
Common equity Tier 1, actual ratio	11.64%	11.45%
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 26,497	$ 25,146
Common equity Tier 1 for capital adequacy purposes, ratio, without capital conservation buffer	4.50%	4.50%
Common equity Tier 1 for capital adequacy purposes, amount	$ 41,218	$ 39,116
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 38,274	$ 36,322
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%

NOTE 9 - PENDING SALE (Details)

NOTE 9 - PENDING SALE (Details) - USD ($)	3 Months Ended	6 Months Ended
NOTE 9 - PENDING SALE (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2020	Apr. 02, 2020
Business Acquisition [Line Items]
Goodwill impairment		$ 500,000
Bates Companies [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Goodwill impairment	$ 500,000
Bates Companies [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] \| Minimum
Business Acquisition [Line Items]
Consideration received			$ 500,000
Earnout Agreement Cancellation [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Consideration received			$ 1,600,000