QCR (QCRH) 10-Q6 Nov 202020 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2020	Nov. 01, 2020
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 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)		15,793,357
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000906465
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 68,932	$ 76,254
Federal funds sold	530	9,800
Interest-bearing deposits at financial institutions	302,138	147,891
Securities held to maturity, at amortized cost	434,892	400,646
Securities available for sale, at fair value	347,196	210,695
Total securities	782,088	611,341
Loans receivable held for sale	8,811	3,673
Loans/leases receivable held for investment	4,239,166	3,686,532
Gross loans/leases receivable	4,247,977	3,690,205
Less allowance for estimated losses on loans/leases	(79,582)	(36,001)
Net loans/leases receivable	4,168,395	3,654,204
Bank-owned life insurance	60,126	58,834
Premises and equipment, net	72,001	73,859
Restricted investment securities	19,009	23,252
Other real estate owned, net	125	4,129
Goodwill	74,066	74,748
Intangibles	11,902	14,970
Derivatives	236,381	87,827
Assets held for sale		11,966
Other assets	68,867	59,975
Total assets	5,864,560	4,909,050
Liabilities and Stockholders' Equity
Noninterest-bearing	1,175,085	777,224
Interest-bearing	3,497,183	3,133,827
Total deposits	4,672,268	3,911,051
Short-term borrowings	30,430	13,423
Federal Home Loan Bank advances	40,000	159,300
Subordinated notes	118,577	68,394
Junior subordinated debentures	37,955	37,838
Derivatives	244,510	88,437
Liabilities held for sale		5,003
Other liabilities	148,207	90,253
Total liabilities	5,291,947	4,373,699
Stockholders' Equity:
Preferred stock, $1 par value; shares authorized 250,000 September 2020 and December 2019 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 September 2020 - 15,792,357 shares issued and outstanding December 2019 - 15,828,098 shares issued and outstanding	15,792	15,828
Additional paid-in capital	275,122	274,785
Retained earnings	283,480	245,836
Accumulated other comprehensive income (loss):
Securities available for sale	7,817	2,817
Derivatives	(9,598)	(3,915)
Total stockholders' equity	572,613	535,351
Total liabilities and stockholders' equity	$ 5,864,560	$ 4,909,050

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Sep. 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)	15,792,357	15,828,098
Common stock, outstanding (in shares)	15,792,357	15,828,098

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest and dividend income:
Loans/leases, including fees	$ 44,768	$ 50,406	$ 130,542	$ 143,488
Securities:
Taxable	1,938	1,682	5,714	5,026
Nontaxable	3,842	3,443	10,865	10,461
Interest-bearing deposits at financial institutions	92	951	587	3,042
Restricted investment securities	249	293	795	891
Federal funds sold	1	42	19	191
Total interest and dividend income	50,890	56,817	148,522	163,099
Interest expense:
Deposits	4,484	13,394	19,457	39,697
Short-term borrowings	11	97	81	275
Federal Home Loan Bank advances	211	1,023	1,007	2,685
Other borrowings				512
Subordinated notes	1,031	1,003	3,019	2,561
Junior subordinated debentures	572	581	1,715	1,729
Total interest expense	6,309	16,098	25,279	47,459
Net interest income	44,581	40,719	123,243	115,640
Provision for loan/lease losses	20,342	2,012	48,624	6,087
Net interest income after provision for loan/lease losses	24,239	38,707	74,619	109,553
Noninterest income:
Revenue	88,849	76,723	230,303	212,063
Gains on sales of residential real estate loans, net	1,370	890	3,218	1,748
Gains on sales of government guaranteed portions of loans, net		519		589
Swap fee income	26,688	9,797	53,419	20,886
Securities gains (losses), net	1,802	(3)	1,867	(56)
Earnings on bank-owned life insurance	502	489	1,443	1,441
Other	1,482	1,204	3,345	3,562
Total noninterest income	37,959	19,906	81,781	48,964
Noninterest expense:
Salaries and employee benefits	25,999	24,215	65,822	67,843
Occupancy and equipment expense	3,807	3,860	11,587	11,087
Professional and data processing fees	3,758	4,030	10,773	9,811
Post-acquisition compensation, transition and integration costs		884	189	1,727
Disposition costs	192		626
FDIC insurance, other insurance and regulatory fees	1,301	542	2,892	2,432
Loan/lease expense	403	221	970	748
Net cost of (income from) and gains/losses on operations of other real estate	16	2,078	(303)	3,557
Advertising and marketing	750	1,056	1,984	2,878
Bank service charges	488	502	1,493	1,494
Losses on liability extinguishment	1,874	148	2,450	148
Correspondent banking expense	205	209	633	619
Intangibles amortization	531	560	1,628	1,706
Goodwill impairment			500
Loss on sale of subsidiary	305		305
Other	1,209	1,640	3,842	4,891
Total noninterest expenses	40,838	39,945	105,391	108,941
Net income before income taxes	21,360	18,668	51,009	49,576
Federal and state income tax expense	4,016	3,573	8,698	8,059
Net income	$ 17,344	$ 15,095	$ 42,311	$ 41,517
Basic earnings per common share (in dollars per share)	$ 1.10	$ 0.96	$ 2.68	$ 2.64
Diluted earnings per common share (in dollars per share)	$ 1.09	$ 0.94	$ 2.65	$ 2.60
Weighted average common shares outstanding (in shares)	15,767,152	15,739,430	15,770,335	15,715,788
Weighted average common and common equivalent shares outstanding (in shares)	15,923,578	15,976,742	15,945,832	15,946,020
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06	$ 0.18	$ 0.18
Trust department fees
Noninterest income:
Revenue	$ 2,280	$ 2,340	$ 6,819	$ 7,194
Investment advisory and management fees
Noninterest income:
Revenue	1,266	1,782	4,392	5,406
Deposit service fees
Noninterest income:
Revenue	1,403	1,813	4,166	5,025
Debit card fees
Noninterest income:
Revenue	946	886	2,479	2,591
Correspondent banking fees
Noninterest income:
Revenue	$ 220	$ 189	$ 633	$ 578

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 17,344	$ 15,095	$ 42,311	$ 41,517
Other comprehensive income (loss):
Unrealized holding gains arising during the period before tax	585	1,827	8,467	10,639
Less reclassification adjustment for gains (losses) included in net income before tax	1,802	(3)	1,867	(56)
Unrealized gains (losses) on securities available for sale	(1,217)	1,830	6,600	10,695
Unrealized holding losses arising during the period before tax	445	(1,159)	(7,903)	(4,101)
Less reclassification adjustment for caplet amortization before tax	(149)		(384)	(291)
Unrealized gains (losses) on derivatives	296	(1,159)	(7,519)	(3,810)
Unrealized holding gains (losses) arising during the period before tax on securities held for sale		48		48
Unrealized holding losses arising during the period before tax on derivatives held for sale		(31)		(31)
Less reclassification adjustment for caplet amortization before tax		(80)		(80)
Unrealized gains (losses) on assets held for sale		97		97
Other comprehensive income (loss), before tax	(921)	768	(919)	6,982
Tax expense	(307)	224	(236)	1,852
Other comprehensive income (loss), net of tax	(614)	544	(683)	5,130
Comprehensive income	$ 16,730	$ 15,639	$ 41,628	$ 46,647

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					41,517
Other comprehensive income (loss), net of tax					5,130
Balance at Sep. 30, 2019	15,790	273,475	230,892	(414)	519,743
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
Net income			15,095		15,095
Other comprehensive income (loss), net of tax				544	544
Common cash dividends declared			(944)		(944)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	6	187			193
Issuance of shares of common stock as a result of stock options exercised	12	144			156
Stock-based compensation expense		428			428
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised	(1)	(28)			(29)
Balance at Sep. 30, 2019	15,790	273,475	230,892	(414)	519,743
Impact of adoption of ASU 2016-01					245,836
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					42,311
Other comprehensive income (loss), net of tax					(683)
Balance at Sep. 30, 2020	15,792	275,122	283,480	(1,781)	572,613
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 the acquisition, net of issuance cost	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
Net income			17,344		17,344
Other comprehensive income (loss), net of tax				(614)	(614)
Common cash dividends declared			(945)		(945)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan	6	161			167
Issuance of shares of common stock as a result of stock options exercised	1	23			24
Stock-based compensation expense		472			472
Balance at Sep. 30, 2020	15,792	275,122	$ 283,480	$ (1,781)	572,613
Impact of adoption of ASU 2016-01					283,480
Exchange of shares in connection with payroll taxes for restricted stock and in connection with stock options exercised	$ 6	$ (151)			$ (145)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	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	$ 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)	6,310	16,413	5,553	5,674	11,346	4,446
Issuance of shares of common stock as s result of stock options exercised (in shares)	1,123	975	31,729	12,438	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)	5,687	513	1,012	589	1,032	5,169

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income			$ 42,311	$ 41,517
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			4,006	3,889
Provision for loan/lease losses	$ 20,342	$ 2,012	48,624	6,087
Stock-based compensation expense			1,536	1,869
Deferred compensation expense accrued			2,660	2,087
Losses (gains) on other real estate owned, net			(298)	3,205
Amortization of premiums on securities, net			728	1,339
Caplet amortization			383
Securities (gains) losses, net			(1,867)	56
Loans originated for sale			(172,282)	(104,824)
Proceeds on sales of loans			170,362	97,916
Gains on sales of residential real estate loans	(1,370)	(890)	(3,218)	(1,748)
Gains on sales of government guaranteed portions of loans		(519)		(589)
Loss on liability extinguishment, net	1,874	148	2,450	148
Gains on sales of premises and equipment			(13)	(67)
Amortization of intangibles	531	560	1,628	1,706
Accretion of acquisition fair value adjustments, net			(2,194)	(3,413)
Increase in cash value of bank-owned life insurance			(1,443)	(1,441)
Loss on sale of subsidiary	305		305
Goodwill impairment			500
Increase in other assets			(8,351)	(1,953)
Decrease in other liabilities			43,489	336
Net cash provided by operating activities			129,316	46,120
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in federal funds sold			9,270	17,098
Net increase in interest-bearing deposits at financial institutions			(154,247)	(57,180)
Proceeds from sales of other real estate owned			4,353	840
Activity in securities portfolio:
Purchases			(255,500)	(28,119)
Calls, maturities and redemptions			38,461	9,074
Paydowns			33,870	36,649
Sales			28,579	33,128
Activity in restricted investment securities:
Purchases			(4,600)	(5,682)
Redemptions			8,843	5,006
Proceeds from the liquidation of bank-owned life insurance			10,999
Net increase in loans/leases originated and held for investment			(555,315)	(237,286)
Purchase of premises and equipment			(2,250)	(8,755)
Proceeds from sales of premises and equipment			94	146
Net cash transfered in sale of subsidiary			349
Net cash (used in) investing activities			(837,792)	(235,081)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposit accounts			731,374	276,960
Net increase (decrease) in short-term borrowings			17,007	(9,091)
Activity in Federal Home Loan Bank advances:
Term advances			125,000	25,000
Calls and maturities			(81,600)	(35,000)
Net change in short-term and overnight advances			(109,300)	(15,965)
Prepayments			(55,274)	(30,228)
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			50,000	63,393
Payment of cash dividends on common stock			(2,831)	(2,822)
Proceeds from issuance of common stock, net			1,199	1,143
Repurchase and cancellation of shares			(3,780)
Net cash provided by financing activities			701,154	206,140
Net increase in cash and due from banks			(7,322)	17,179
Cash and due from banks, beginning			76,254	85,523	$ 85,523
Cash and due from banks, ending	68,932	$ 102,702	68,932	102,702	76,254
Supplemental disclosure of cash flow information, cash payments (receipts) for:
Interest			26,920	45,826
Income/franchise taxes			16,713	(769)
Supplemental schedule of noncash investing activities:
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net			(683)	5,130
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised			(491)	(189)
Transfers of loans to other real estate owned			51	1,049
Due to broker for purchases of securities			8,550
Increase in the fair value of back-to-back interest rate swap assets and liabilities			151,398	80,760
Dividends payable			945	$ 944
Consideration received	1,328		1,328
Assets Sold:
Total assets sold					11,966
Liabilities Sold:
Total liabilities sold					$ 5,003
Net assets sold	1,633		1,633
Loss on sale of the Bates Companies:	(305)		(305)
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] \| Bates Companies [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Loss on sale of subsidiary			305
Supplemental schedule of noncash investing activities:
Consideration received	448		448
Assets Sold:
Cash and due from banks	349		349
Premises and equipment, net	19		19
Other assets	2,211		2,211
Total assets sold	2,579		2,579
Liabilities Sold:
Other liabilities	946		946
Total liabilities sold	$ 946		946
Forgiveness of earn-out consideration			880
Loss on sale of the Bates Companies:			$ (305)

NOTE 1 - SUMMARY OF SIGNIFICANT

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Sep. 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 September 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 AOCI: Accumulated other comprehensive income (loss) 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 SFCB: 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 SFCB. 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. 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. On August 12, 2020, the Company sold of all the issued and outstanding capital stock of the Bates Companies, wholly-owned subsidiaries of the Company. See Note 10 to the Consolidated Financial Statements for additional information about the sale. Recent accounting developments Financial Instruments – Credit Losses Risks and Uncertainties: securing the Company’s loans. As a result, the Company anticipates that its asset quality and results of operations have been adversely affected, as described in further detail in this report. In light of 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, if 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 or third quarter of 2020; therefore no impairment test over goodwill was required.

NOTE 2 - INVESTMENT SECURITIES

NOTE 2 - INVESTMENT SECURITIES	9 Months Ended
NOTE 2 - INVESTMENT SECURITIES	Sep. 30, 2020
Notes to Financial Statements
INVESTMENT SECURITIES	NOTE 2– INVESTMENT SECURITIES The amortized cost and fair value of investment securities as of September 30, 2020 and December 31, 2019 are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) September 30, 2020: Securities HTM: Municipal securities $ 433,842 $ 26,292 $ (984) $ 459,150 Other securities 1,050 — (1) 1,049 $ 434,892 $ 26,292 $ (985) $ 460,199 Securities AFS: U.S. govt. sponsored agency securities $ 17,791 $ 667 $ (21) $ 18,437 Residential mortgage-backed and related securities 128,281 6,158 (292) 134,147 Municipal securities 132,545 3,497 (809) 135,233 Asset-backed securities 39,696 1,108 (139) 40,665 Other securities 18,550 164 — 18,714 $ 336,863 $ 11,594 $ (1,261) $ 347,196 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 September 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) September 30, 2020: Securities HTM: Municipal securities $ 33,252 $ (984) $ — $ — $ 33,252 $ (984) Other securities 1,049 (1) — — 1,049 (1) $ 34,301 $ (985) $ — $ — $ 34,301 $ (985) Securities AFS: U.S. govt. sponsored agency securities $ 3,243 $ (21) $ — $ — $ 3,243 $ (21) Residential mortgage-backed and related securities 31,124 (292) — — 31,124 (292) Municipal securities 27,277 (809) — — 27,277 (809) Asset-backed securities 16,796 (139) — — 16,796 (139) Other securities — — — — — — $ 78,440 $ (1,261) $ — $ — $ 78,440 $ (1,261) 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 September 30, 2020, the investment portfolio included 647 securities. Of this number, 73 securities were in an unrealized loss position. The aggregate losses of these securities totaled approximately 0.3% of the total amortized cost of the portfolio. Of these 73 securities, there were no securities that 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 September 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 nine months ended September 30, 2020 and 2019. All sales of securities for the three and nine months ended September 30, 2020 and 2019 were securities identified as AFS. Three Months Ended Nine Months Ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 (dollars in thousands) Proceeds from sales of securities $ 22,252 $ 23,364 $ 28,579 $ 28,025 Gross gains from sales of securities 1,802 143 1,936 150 Gross losses from sales of securities — (146) (69) (206) The amortized cost and fair value of securities as of September 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 $ 3,509 $ 3,525 Due after one year through five years 32,354 32,909 Due after five years 399,029 423,765 $ 434,892 $ 460,199 Securities AFS: Due in one year or less $ 7,795 $ 7,810 Due after one year through five years 14,010 14,423 Due after five years 147,081 150,151 168,886 172,384 Residential mortgage-backed and related securities 128,281 134,147 Asset-backed securities 39,696 40,665 $ 336,863 $ 347,196 Portions of the U.S. government sponsored agency securities, municipal securities and other securities contain call options, which, at the discretion of the issuer, 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 $ 204 $ 203 Securities AFS: Municipal securities 118,030 120,371 Other securities 4,500 4,664 $ 122,530 $ 125,035 As of September 30, 2020, the Company's municipal securities portfolios were comprised of general obligation bonds issued by 114 issuers with fair values totaling $110.3 million and revenue bonds issued by 182 issuers, primarily consisting of states, counties, towns, villages and school districts with fair values totaling $484.1 million. The Company also held investments in general obligation bonds in 21 states, including nine states in which the aggregate fair value exceeded $5.0 million, and in revenue bonds in 24 states, including 13 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 also held investments in general obligation bonds in 22 states, including six Both general obligation and revenue bonds are diversified across many issuers. As of September 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 the four charters, whose investment policies set forth limits for various subcategories within the municipal securities portfolio. The investments of each charter are monitored individually, and as of September 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 September 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	9 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE	Sep. 30, 2020
Notes to Financial Statements
LOANS/LEASES RECEIVABLE	NOTE 3 – LOANS/LEASES RECEIVABLE The composition of the loan/lease portfolio as of September 30, 2020 and December 31, 2019 is presented as follows: 2020 2019 (dollars in thousands) C&I loans* $ 1,823,049 $ 1,507,825 CRE loans Owner-occupied CRE 486,254 443,989 Commercial construction, land development, and other land 503,086 378,797 Other non owner-occupied CRE 1,010,375 913,610 1,999,715 1,736,396 Direct financing leases 73,011 87,869 Residential real estate loans * 245,032 239,904 Installment and other consumer loans 102,471 109,352 4,243,278 3,681,346 Plus deferred loan/lease origination costs, net of fees 4,699 8,859 4,247,977 3,690,205 Less allowance (79,582) (36,001) $ 4,168,395 $ 3,654,204 ** Direct financing leases: Net minimum lease payments to be received $ 80,560 $ 97,025 Estimated unguaranteed residual values of leased assets 616 547 Unearned lease/residual income (8,165) (9,703) 73,011 87,869 Plus deferred lease origination costs, net of fees 1,270 1,892 74,281 89,761 Less allowance (1,902) (1,464) $ 72,379 $ 88,297 * Includes equipment financing agreements outstanding at m2, totaling $162.1 million and $142.0 million as of September 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 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 $8.8 million and $3.7 million as of September 30, 2020 and December 31, 2019, respectively. Changes in accretable yield for acquired loans were as follows: Three months ended September 30, 2020 Nine months ended September 30, 2020 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (58) $ (4,935) $ (4,993) $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable — — — (30) — (30) Accretion recognized 1 941 942 30 2,384 2,414 Balance at the end of the period $ (57) $ (3,994) $ (4,051) $ (57) $ (3,994) $ (4,051) Three months ended September 30, 2019 Nine months ended September 30, 2019 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (151) $ (8,489) $ (8,640) $ (667) $ (10,127) $ (10,794) Reclassification of nonaccretable discount to accretable — — — (159) — (159) Accretion recognized 94 1,344 1,438 769 2,982 3,751 Balance at the end of the period $ (57) $ (7,145) $ (7,202) $ (57) $ (7,145) $ (7,202) The aging of the loan/lease portfolio by classes of loans/leases as of September 30, 2020 and December 31, 2019 is presented as follows: As of September 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 $ 1,816,454 $ 1,275 $ 339 $ — $ 4,981 $ 1,823,049 CRE Owner-Occupied CRE 485,950 — — — 304 486,254 Commercial Construction, Land Development, and Other Land 503,086 — — — — 503,086 Other Non Owner-Occupied CRE 999,369 378 — — 10,628 1,010,375 Direct Financing Leases 71,692 619 51 — 649 73,011 Residential Real Estate 243,646 — 512 60 814 245,032 Installment and Other Consumer 102,107 34 83 26 221 102,471 $ 4,222,304 $ 2,306 $ 985 $ 86 $ 17,597 $ 4,243,278 As a percentage of total loan/lease portfolio 99.52 % 0.05 % 0.02 % 0.00 % 0.41 % 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 September 30, 2020 and December 31, 2019 are presented as follows: As of September 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 $ — $ 4,981 $ 828 $ 5,809 30.99 % CRE Owner-Occupied CRE — 304 — 304 1.62 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 10,628 — 10,628 56.70 % Direct Financing Leases — 649 233 882 4.71 % Residential Real Estate 60 814 — 874 4.66 % Installment and Other Consumer 26 221 — 247 1.32 % $ 86 $ 17,597 $ 1,061 $ 18,744 100.00 % Nonaccrual loans/leases included $204 thousand of TDRs, including $48 thousand in commercial and industrial loans, $50 in commercial real estate loans, and $106 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 nine months ended September 30, 2020 and 2019, respectively, are presented as follows: Three Months Ended September 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Provisions charged to expense 9,008 10,428 608 253 45 20,342 Loans/leases charged off (1,079) (362) (358) — (20) (1,819) Recoveries on loans/leases previously charged off 150 64 13 — 5 232 Balance, ending $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Three Months Ended September 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 Reclassification of allowance related to held for sale assets (2,814) (2,392) — (628) (288) (6,122) Provisions (credits) charged to expense* 998 220 80 241 45 1,584 Loans/leases charged off (349) — (351) (37) (4) (741) Recoveries on loans/leases previously charged off 68 100 114 — 9 291 Balance, ending $ 16,151 $ 15,291 $ 1,302 $ 2,158 $ 1,214 $ 36,116 Nine Months Ended September 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 20,564 24,609 1,890 1,286 275 48,624 Loans/leases charged off (3,058) (873) (1,554) — (119) (5,604) Recoveries on loans/leases previously charged off 249 138 102 29 43 561 Balance, ending $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Nine Months Ended September 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 Reclassification of allowance related to held for sale assets (2,814) (2,392) — (628) (288) (6,122) Provisions (credits) charged to expense* 3,120 1,168 856 309 206 5,659 Loans/leases charged off (876) (1,369) (1,501) (109) (99) (3,953) Recoveries on loans/leases previously charged off 300 164 155 31 36 685 Balance, ending $ 16,151 $ 15,291 $ 1,302 $ 2,158 $ 1,214 $ 36,116 Excludes provision related to loans included in assets held for sale of $428 thousand for the three and nine months ended September 30, 2019. The allowance by impairment evaluation and by portfolio segment as of September 30, 2020 and December 31, 2019 is presented as follows: As of September 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ — $ 3,210 $ — $ 21 $ 75 $ 3,306 Allowance for nonimpaired loans/leases 33,827 36,043 1,902 3,242 1,262 76,276 $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Impaired loans/leases $ 2,004 $ 14,669 $ 944 $ 766 $ 221 $ 18,604 Nonimpaired loans/leases 1,821,045 1,985,046 72,067 244,266 102,250 4,224,674 $ 1,823,049 $ 1,999,715 $ 73,011 $ 245,032 $ 102,471 $ 4,243,278 Allowance as a percentage of impaired loans/leases — % 21.88 % — % 2.74 % 33.94 % 17.77 % Allowance as a percentage of nonimpaired loans/leases 1.86 % 1.82 % 2.64 % 1.33 % 1.23 % 1.81 % Total allowance as a percentage of total loans/leases 1.86 % 1.96 % 2.61 % 1.33 % 1.30 % 1.88 % 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 nine months ended September 30, 2020 are presented as follows: Nine Months Ended September 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 $ 2,004 $ 2,114 $ — $ 1,418 $ 35 $ 35 CRE Owner-Occupied CRE 287 528 — 146 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 1,336 1,336 — 334 22 22 Direct Financing Leases 944 944 — 792 16 16 Residential Real Estate 507 507 — 416 — — Installment and Other Consumer 146 146 — 119 — — $ 5,224 $ 5,575 $ — $ 3,225 $ 73 $ 73 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ — $ — $ — $ — $ — $ — CRE Owner-Occupied CRE — — — — — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 13,046 13,046 3,210 7,228 — — Direct Financing Leases — — — — — — Residential Real Estate 259 259 21 220 — — Installment and Other Consumer 75 75 75 69 — — $ 13,380 $ 13,380 $ 3,306 $ 7,517 $ — $ — Total Impaired Loans/Leases: C&I $ 2,004 $ 2,114 $ — $ 1,418 $ 35 $ 35 CRE Owner-Occupied CRE 287 528 — 146 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 14,382 14,382 3,210 7,562 22 22 Direct Financing Leases 944 944 — 792 16 16 Residential Real Estate 766 766 21 636 — — Installment and Other Consumer 221 221 75 188 — — $ 18,604 $ 18,955 $ 3,306 $ 10,742 $ 73 $ 73 Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three months ended September 30, 2020 and 2019 are presented as follows: Three Months Ended September 30, 2020 Three Months Ended September 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 $ 1,825 $ 11 $ 11 $ 1,433 $ 6 $ 6 CRE Owner-Occupied CRE 292 — — 42 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 668 7 7 739 7 7 Direct Financing Leases 953 6 6 1,359 6 6 Residential Real Estate 512 — — 540 — — Installment and Other Consumer 146 — — 543 — — $ 4,396 $ 24 $ 24 $ 4,656 $ 19 $ 19 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ — $ — $ — $ 141 $ — $ — CRE Owner-Occupied CRE — — — 123 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 9,757 — — 3,254 — — Direct Financing Leases — — — 120 — — Residential Real Estate 260 — — 390 — — Installment and Other Consumer 77 — — 84 — — $ 10,094 $ — $ — $ 4,112 $ — $ — Total Impaired Loans/Leases: C&I $ 1,825 $ 11 $ 11 $ 1,574 $ 6 $ 6 CRE Owner-Occupied CRE 292 — — 165 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 10,425 7 7 3,993 7 7 Direct Financing Leases 953 6 6 1,479 6 6 Residential Real Estate 772 — — 930 — — Installment and Other Consumer 223 — — 627 — — $ 14,490 $ 24 $ 24 $ 8,768 $ 19 $ 19 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 September 30, 2020 and December 31, 2019: As of September 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) $ 1,610,503 $ 478,852 $ 491,928 $ 929,398 $ 3,510,681 95.91 % Special Mention (Rating 6) 25,547 2,211 680 51,149 79,587 2.17 % Substandard (Rating 7) 24,912 5,191 10,478 29,828 70,409 1.92 % Doubtful (Rating 8) — — — — — — % $ 1,660,962 $ 486,254 $ 503,086 $ 1,010,375 $ 3,660,677 100.00 % As of September 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 $ 162,043 $ 72,129 $ 244,157 $ 102,224 $ 580,553 99.65 % Nonperforming 44 882 875 247 2,048 0.35 % $ 162,087 $ 73,011 $ 245,032 $ 102,471 $ 582,601 100.00 % 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 98.27 % 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 1.08 % Doubtful (Rating 8) — — — — — — % $ 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 September 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 nine months ended September 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 September 30, 2020 For the three months ended September 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 3 $ 197 $ 197 $ — — $ — $ — $ — Direct Financing Leases — — — — 3 116 116 — 3 $ 197 $ 197 $ — 3 $ 116 $ 116 $ — CONCESSION - Extension of Maturity Installment and Other Consumer — — — — 1 $ 56 $ 56 $ 56 — $ — $ — $ — 1 $ 56 $ 56 $ 56 TOTAL 3 $ 197 $ 197 $ — 4 $ 172 $ 172 $ 56 For the nine months ended September 30, 2020 For the nine months ended September 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 5 $ 308 $ 308 $ — 1 $ 19 $ 19 $ — Direct Financing Leases 3 145 145 — 6 219 219 20 8 $ 453 $ 453 $ — 7 $ 238 $ 238 $ 20 CONCESSION - Forgiveness of Principal C & I — $ — $ — $ — 1 587 537 — — $ — $ — $ — 1 $ 587 $ 537 $ — CONCESSION - Extension of Maturity Installment and Other Consumer — $ — $ — $ — 1 56 56 56 — $ — $ — $ — 1 $ 56 $ 56 $ 56 TOTAL 8 $ 453 $ 453 $ — 9 $ 881 $ 831 $ 76 Of the loans restructured during the nine months ended September 30, 2020, none were on nonaccrual. Of the loans restructured during the nine months ended September 30, 2019, three with post-modification recorded balances of $121 thousand were on nonaccrual. For the three months ended September 30, 2020, one 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. This For the nine months ended September 30, 2019, 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 customer whose leases were restructured in the first quarter of 2019 with pre-modification balances totaling $66 thousand. Not included in the table above are 10 TDRs that were restructured and charged off for the nine months ended September 30, 2020, totaling $482 thousand. The Company had three TDRs that were restructured and charged off for the three months ended September 30, 2020, totaling $128 thousand The Company had three TDRs that were restructured and charged off for the nine months ended September 30, 2019, totaling $108 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, the existing loan could not be more than 30 days past due as of December 31, 2019 and the modification must be executed between March 1, 2020 and the 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 banking regulatory criteria discussed in the preceding paragraph. The Company implemented its LRP offering to extend qualifying customers’ payments for 90 days. Since implementing the program, the Company has provided 1,498 bank modifications of loans to commercial and consumer clients totaling $522 million and 953 m2 modifications of loans and leases totaling $53 million for a combined 2,451 modifications totaling $575 million, representing 13.53% of the total loan and lease portfolio. As of September 30, 2020, the majority of customers have resumed regularly scheduled payments with only 238 total loans/leases representing $83 million, or 1.95% of total loans/leases, receiving a second deferral under the LRP.

NOTE 4 - DERIVATIVES AND HEDGIN

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	9 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	Sep. 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 September 30, 2020 December 31, 2019 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 6 $ 112 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 11 218 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.90 5 96 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 6 109 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 17 214 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 35 401 Deposits 2/1/2020 2/1/2024 Other Assets 25,000 1.90 17 202 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 17 201 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 37 337 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 75 617 Deposits 3/1/2020 3/1/2025 Other Assets 25,000 1.90 40 332 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 38 309 $ 375,000 $ 304 $ 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 September 30, 2020 December 31, 2019 (dollars in thousands) CRBT - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities $ 30,000 0.23 % 1.12 % $ (660) $ - SFCB - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities 10,000 0.24 % 0.95 % (181) - QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.07 % 5.85 % (1,963) (971) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.07 % 5.85 % (1,570) (777) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 1.83 % 4.54 % (1,909) (944) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.40 % 5.17 % (587) (291) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 2.00 % 4.75 % (684) (339) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 2.00 % 4.75 % (879) (436) $ 79,000 1.34 % 5.24 % $ (8,433) $ (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 counterparty. Additionally, the Company receives an upfront fee from the financial institution counterparty, dependent upon the pricing that is recognized upon receipt from the financial institution 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: September 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 $ 1,435,379 $ 236,077 $ 787,221 $ 84,679 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 1,435,379 $ 236,077 $ 787,221 $ 84,679 Swap fee income totaled $26.7 million and $9.8 million for the three months ended September 30, 2020 and 2019, respectively. Swap fee income totaled $53.4 million and $20.9 million for the nine months ended September 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: September 30, 2020 December 31, 2019 (dollars in thousands) Cash $ 81,373 $ 10,990 U.S govt. sponsored agency securities 3,650 3,541 Municipal securities 50,730 68,089 Residential mortgage-backed and related securities 105,631 27,027 $ 241,384 $ 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/customer counterparties through its normal loan underwriting and credit monitoring policies and procedures. Specifically, the underwriting considers collateral value, including the excess collateral over the loan value and swap exposure, and debt service capacity for the underlying loan as well as the exposure from the interest rate swap. Ongoing credit monitoring policies and procedures are current. As of September 30, 2020, the Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations.

NOTE 5 - SUBORDINATED NOTES

NOTE 5 - SUBORDINATED NOTES	9 Months Ended
NOTE 5 - SUBORDINATED NOTES	Sep. 30, 2020
SUBORDINATED NOTES
SUBORDINATED NOTES	NOTE 5 – SUBORDINATED NOTES On September 14, 2020, the Company completed a private offering of $50.0 million in aggregate principal amount of fixed-to-floating subordinated notes that mature on September 15, 2030. The subordinated notes, which qualify as Tier 2 capital for the Company, will bear interest at a fixed rate of 5.125% per year, from and including September 14, 2020 to, but excluding September 15, 2025 or earlier redemption. From and including September 15, 2025 to, but excluding the maturity date or earlier redemption date, the interest rate will reset quarterly at a variable rate, which is expected to be the then three-month Term SOFR, plus 500 basis points. Interest on the subordinated notes is payable quarterly, commencing on December 15, 2020. The notes are redeemable, in whole or in part, at any time upon the occurrence of certain events. The subordinated notes may be redeemed at the Company’s option, in whole or in part, on any interest payment date on or after September 15, 2025, at a redemption price equal to 100% of the principal amount of the notes to be redeemed plus accrued and unpaid interest to, but excluding, the date of redemption. The subordinated notes are subordinate in the right of payment to the Company’s senior indebtedness and the indebtedness and other liabilities of the subsidiary banks. The details of the Company’s subordinated notes are as follows: Amount Outstanding Interest Rate Amount Outstanding Interest Rate as of September 30, 2020 as of September 30, 2020 as of December 31, 2019 as of December 31, 2019 Maturity Date (dollars in thousands) Subordinated debenture dated 9/14/20 $ 50,000 5.125 % $ - — % 9/15/2030 Subordinated debenture dated 2/1/19 65,000 5.375 % 65,000 5.375 % 9/15/2030 Subordinated debenture dated 4/30/16* 2,000 4.00 % 2,000 4.00 % 4/30/2026 Subordinated debenture dated 9/15/16* 3,000 4.00 % 3,000 4.00 % 9/15/2026 Debt issuance costs (1,423) (1,606) Total Subordinated Debentures $ 118,577 $ 68,394 *Assumed in acquisition of SFCB

NOTE 6 - EARNINGS PER SHARE

NOTE 6 - EARNINGS PER SHARE	9 Months Ended
NOTE 6 - EARNINGS PER SHARE	Sep. 30, 2020
Notes to Financial Statements
EARNINGS PER SHARE	NOTE 6 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis: Three months ended Nine months ended September 30, September 30, 2020 2019 2020 2019 (dollars in thousands, except share data) Net income $ 17,344 $ 15,095 $ 42,311 $ 41,517 Basic EPS $ 1.10 $ 0.96 $ 2.68 $ 2.64 Diluted EPS $ 1.09 $ 0.94 $ 2.65 $ 2.60 Weighted average common shares outstanding 15,767,152 15,739,430 15,770,335 15,715,788 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 156,426 237,312 175,497 230,232 Weighted average common and common equivalent shares outstanding 15,923,578 15,976,742 15,945,832 15,946,020

NOTE 7 - FAIR VALUE

NOTE 7 - FAIR VALUE	9 Months Ended
NOTE 7 - FAIR VALUE	Sep. 30, 2020
FAIR VALUE
FAIR VALUE	NOTE 7 – 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 September 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) September 30, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 18,437 $ — $ 18,437 $ — Residential mortgage-backed and related securities 134,147 — 134,147 — Municipal securities 135,233 — 135,233 — Asset-backed securities 40,665 — 40,665 — Other securities 18,714 — 18,714 — Derivatives 236,381 — 236,381 — Total assets measured at fair value $ 583,577 $ — $ 583,577 $ — Derivatives $ 244,510 $ — $ 244,510 $ — Total liabilities measured at fair value $ 244,510 $ — $ 244,510 $ — 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 September 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) September 30, 2020: Impaired loans/leases $ 11,226 $ — $ — $ 11,226 OREO 135 — — 135 $ 11,361 $ — $ — $ 11,361 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 September 30, December 31, 2020 2019 Valuation Technique Unobservable Input Range (dollars in thousands) Impaired loans/leases $ 11,226 $ 3,394 Appraisal of collateral Appraisal adjustments (10.00) % to (30.00) % OREO 135 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 nine months ended September 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 September 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 $ 68,932 $ 68,932 $ 76,254 $ 76,254 Federal funds sold Level 2 530 530 9,800 9,800 Interest-bearing deposits at financial institutions Level 2 302,138 302,138 147,891 147,891 Investment securities: HTM Level 2 434,892 460,199 400,646 426,545 AFS * 347,196 347,196 210,695 210,695 Loans/leases receivable, net Level 3 10,394 11,226 3,143 3,394 Loans/leases receivable, net Level 2 4,158,001 4,142,232 3,651,061 3,606,520 Derivatives Level 2 236,381 236,381 87,827 87,827 Deposits: Nonmaturity deposits Level 2 4,116,250 4,116,250 3,184,726 3,184,726 Time deposits Level 2 556,018 562,068 726,325 742,444 Short-term borrowings Level 2 30,430 30,430 13,423 13,423 FHLB advances Level 2 40,000 40,182 159,300 159,193 Subordinated notes Level 2 118,577 118,724 68,394 68,563 Junior subordinated debentures Level 2 37,955 30,487 37,838 30,477 Derivatives Level 2 244,510 244,510 88,437 88,437 *See previous table in Note 2 .

NOTE 8 - BUSINESS SEGMENT INFOR

NOTE 8 - BUSINESS SEGMENT INFORMATION	9 Months Ended
NOTE 8 - BUSINESS SEGMENT INFORMATION	Sep. 30, 2020
Notes to Financial Statements
BUSINESS SEGMENT INFORMATION	NOTE 8 – 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 subsidiary banks wholly owned by the Company: QCBT, CRBT, CSB, and SFCB. 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. The Bates Companies were sold on August 12, 2020 and the business segment information below reflects the activity of the Bates Companies through this date. 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. Selected financial information on the Company's business segments is presented as follows as of and for the three and nine months ended September 30, 2020 and 2019. Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB SFCB Management All other Eliminations Total (dollars in thousands) Three Months Ended September 30, 2020 Total revenue $ 20,856 $ 43,331 $ 11,033 $ 10,266 $ 3,545 $ 21,657 $ (21,839) $ 88,849 Net interest income 16,648 14,432 8,593 6,159 — (1,531) 280 44,581 Provision for loan/lease losses 7,861 8,878 2,493 1,110 — — — 20,342 Net income (loss) from continuing operations 2,455 13,221 1,867 2,869 1,053 17,362 (21,483) 17,344 Goodwill 3,223 14,980 9,888 45,975 — — — 74,066 Intangibles — 2,313 3,474 6,115 — — — 11,902 Total assets 2,205,934 2,012,182 937,016 803,478 — 756,716 (850,766) 5,864,560 Three Months Ended September 30, 2019 Total revenue $ 21,230 $ 25,707 $ 11,596 $ 8,351 $ 4,122 $ 27,753 $ (22,036) $ 76,723 Net interest income 13,357 11,478 8,894 5,056 — 1,934 — 40,719 Provision for loan/lease losses 948 150 150 276 — 488 — 2,012 Net income (loss) from continuing operations 4,870 7,900 3,482 2,116 926 15,081 (19,280) 15,095 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,810 4,154 7,034 — 1,531 — 15,529 Total assets 1,642,950 1,592,896 801,596 693,898 — 1,180,872 (619,830) 5,292,382 Nine Months Ended September 30, 2020 Total revenue $ 60,083 $ 99,938 $ 30,836 $ 28,490 $ 11,211 $ 55,087 $ (55,342) $ 230,303 Net interest income 46,728 38,638 23,631 18,002 — (4,514) 758 123,243 Provision for loan/lease losses 18,583 18,288 7,268 4,485 — — — 48,624 Net income (loss) 10,664 30,178 3,496 6,974 2,860 42,296 (54,157) 42,311 Goodwill 3,223 14,980 9,888 45,975 — — — 74,066 Intangibles — 2,313 3,474 6,115 — — — 11,902 Total assets 2,205,934 2,012,182 937,016 803,478 — 756,716 (850,766) 5,864,560 Nine Months Ended September 30, 2019 Total revenue $ 60,148 $ 68,526 $ 30,596 $ 23,396 $ 12,599 $ 71,361 $ (54,563) $ 212,063 Net interest income 38,129 32,671 23,154 15,707 — 5,979 — 115,640 Provision for loan/lease losses 2,941 875 451 1,261 — 559 — 6,087 Net income (loss) from continuing operations 13,560 19,928 7,845 5,848 2,667 42,566 (50,897) 41,517 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,810 4,154 7,034 — 1,531 — 15,529 Total assets 1,642,950 1,592,896 801,596 693,898 — 1,180,872 (619,830) 5,292,382

NOTE 9 - REGULATORY CAPITAL REQ

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS	9 Months Ended
NOTE 9 - REGULATORY CAPITAL REQUIREMENTS	Sep. 30, 2020
Notes to Financial Statements
REGULATORY CAPITAL REQUIREMENTS	NOTE 9 – 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 September 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 September 30, 2020 and December 31, 2019 are presented in the following table (dollars in thousands). As of September 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 September 30, 2020: Company: Total risk-based capital $ 700,831 14.93 % $ 375,643 > 8.00 % $ 493,031 > 10.50 % $ 469,553 > 10.00 % Tier 1 risk-based capital 528,228 11.25 281,732 > 6.00 399,120 > 8.50 375,643 > 8.00 Tier 1 leverage 528,228 9.21 229,457 > 4.00 229,457 > 4.00 286,822 > 5.00 Common equity Tier 1 490,273 10.44 211,299 > 4.50 328,687 > 7.00 305,210 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 204,284 12.13 % $ 134,760 > 8.00 % $ 176,872 > 10.50 % $ 168,450 > 10.00 % Tier 1 risk-based capital 183,131 10.87 101,070 > 6.00 143,182 > 8.50 134,760 > 8.00 Tier 1 leverage 183,131 7.85 93,313 > 4.00 93,313 > 4.00 116,642 > 5.00 Common equity Tier 1 183,131 10.87 75,802 > 4.50 117,915 > 7.00 109,492 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 214,219 12.92 % $ 132,656 > 8.00 % $ 174,112 > 10.50 % $ 165,821 > 10.00 % Tier 1 risk-based capital 193,384 11.66 99,492 > 6.00 140,948 > 8.50 132,656 > 8.00 Tier 1 leverage 193,384 9.72 79,559 > 4.00 79,559 > 4.00 99,449 > 5.00 Common equity Tier 1 193,384 11.66 74,619 > 4.50 116,074 > 7.00 107,783 > 6.50 Community State Bank: Total risk-based capital $ 99,123 12.74 % $ 62,222 > 8.00 % $ 81,666 > 10.50 % $ 77,777 > 10.00 % Tier 1 risk-based capital 89,359 11.49 46,666 > 6.00 66,110 > 8.50 62,222 > 8.00 Tier 1 leverage 89,359 9.85 36,273 > 4.00 36,273 > 4.00 45,341 > 5.00 Common equity Tier 1 89,359 11.49 35,000 > 4.50 54,444 > 7.00 50,555 > 6.50 Springfield First Community Bank: Total risk-based capital $ 83,283 13.68 % $ 48,718 > 8.00 % $ 63,943 > 10.50 % $ 60,898 > 10.00 % Tier 1 risk-based capital 71,617 11.76 36,539 > 6.00 51,763 > 8.50 48,718 > 8.00 Tier 1 leverage 71,617 10.27 27,903 > 4.00 27,903 > 4.00 34,879 > 5.00 Common equity Tier 1 71,617 11.76 27,404 > 4.50 42,629 > 7.00 39,584 > 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 10 - SALE OF SUBSIDIARY

Note 10 - SALE OF SUBSIDIARY	9 Months Ended
Note 10 - SALE OF SUBSIDIARY	Sep. 30, 2020
SALE OF SUBSIDIARY
SALE OF SUBSIDIARY	NOTE 10 –SALE OF SUBSIDIARY On August 12, 2020, the Company sold all the issued and outstanding capital stock of the Bates Companies. The aggregate consideration paid to the Company was a $500 thousand note receivable, less imputed interest of $52 thousand, 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 $880 thousand at September 30, 2020. Assets and liabilities of the Bates Companies sold are summarized as follows as of the date of closing: As of August 12, 2020 (dollars in thousands) ASSETS Cash and due from banks $ 349 Premises and equipment, net 19 Other assets 2,211 Total assets sold $ 2,579 LIABILITIES Other liabilities $ 946 Total liabilities sold $ 946 Net assets sold $ 1,633 Forgiveness of earn-out consideration 880 Note receivable consideration 448 Loss on sale of subsidiary $ 305 Disposition costs related to the sale totaled $192 thousand and were comprised primarily of legal, accounting and personnel costs.

NOTE 1 - SUMMARY OF SIGNIFICA_2

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 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 September 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 AOCI: Accumulated other comprehensive income (loss) 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 SFCB: 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 SFCB. 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. All material intercompany transactions and balances have been eliminated in consolidation
Recent accounting developments	Recent accounting developments Financial Instruments – Credit Losses
Risks and uncertainties	Risks and Uncertainties: securing the Company’s loans. As a result, the Company anticipates that its asset quality and results of operations have been adversely affected, as described in further detail in this report. In light of 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, if 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 or third quarter of 2020; therefore no impairment test over goodwill was required.

NOTE 2 - INVESTMENT SECURITIES

NOTE 2 - INVESTMENT SECURITIES (Tables)	9 Months Ended
NOTE 2 - INVESTMENT SECURITIES (Tables)	Sep. 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) September 30, 2020: Securities HTM: Municipal securities $ 433,842 $ 26,292 $ (984) $ 459,150 Other securities 1,050 — (1) 1,049 $ 434,892 $ 26,292 $ (985) $ 460,199 Securities AFS: U.S. govt. sponsored agency securities $ 17,791 $ 667 $ (21) $ 18,437 Residential mortgage-backed and related securities 128,281 6,158 (292) 134,147 Municipal securities 132,545 3,497 (809) 135,233 Asset-backed securities 39,696 1,108 (139) 40,665 Other securities 18,550 164 — 18,714 $ 336,863 $ 11,594 $ (1,261) $ 347,196 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) September 30, 2020: Securities HTM: Municipal securities $ 33,252 $ (984) $ — $ — $ 33,252 $ (984) Other securities 1,049 (1) — — 1,049 (1) $ 34,301 $ (985) $ — $ — $ 34,301 $ (985) Securities AFS: U.S. govt. sponsored agency securities $ 3,243 $ (21) $ — $ — $ 3,243 $ (21) Residential mortgage-backed and related securities 31,124 (292) — — 31,124 (292) Municipal securities 27,277 (809) — — 27,277 (809) Asset-backed securities 16,796 (139) — — 16,796 (139) Other securities — — — — — — $ 78,440 $ (1,261) $ — $ — $ 78,440 $ (1,261) 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 Months Ended Nine Months Ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 (dollars in thousands) Proceeds from sales of securities $ 22,252 $ 23,364 $ 28,579 $ 28,025 Gross gains from sales of securities 1,802 143 1,936 150 Gross losses from sales of securities — (146) (69) (206)
Investments classified by maturity date	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Due in one year or less $ 3,509 $ 3,525 Due after one year through five years 32,354 32,909 Due after five years 399,029 423,765 $ 434,892 $ 460,199 Securities AFS: Due in one year or less $ 7,795 $ 7,810 Due after one year through five years 14,010 14,423 Due after five years 147,081 150,151 168,886 172,384 Residential mortgage-backed and related securities 128,281 134,147 Asset-backed securities 39,696 40,665 $ 336,863 $ 347,196
Schedule of investment in callable securities	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Municipal securities $ 204 $ 203 Securities AFS: Municipal securities 118,030 120,371 Other securities 4,500 4,664 $ 122,530 $ 125,035

NOTE 3 - LOANS_LEASES RECEIVA_2

NOTE 3 - LOANS/LEASES RECEIVABLE (Tables)	9 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE (Tables)	Sep. 30, 2020
Notes Tables
Composition of the loan/lease portfolio	2020 2019 (dollars in thousands) C&I loans* $ 1,823,049 $ 1,507,825 CRE loans Owner-occupied CRE 486,254 443,989 Commercial construction, land development, and other land 503,086 378,797 Other non owner-occupied CRE 1,010,375 913,610 1,999,715 1,736,396 Direct financing leases 73,011 87,869 Residential real estate loans * 245,032 239,904 Installment and other consumer loans 102,471 109,352 4,243,278 3,681,346 Plus deferred loan/lease origination costs, net of fees 4,699 8,859 4,247,977 3,690,205 Less allowance (79,582) (36,001) $ 4,168,395 $ 3,654,204 ** Direct financing leases: Net minimum lease payments to be received $ 80,560 $ 97,025 Estimated unguaranteed residual values of leased assets 616 547 Unearned lease/residual income (8,165) (9,703) 73,011 87,869 Plus deferred lease origination costs, net of fees 1,270 1,892 74,281 89,761 Less allowance (1,902) (1,464) $ 72,379 $ 88,297 * Includes equipment financing agreements outstanding at m2, totaling $162.1 million and $142.0 million as of September 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 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 $8.8 million and $3.7 million as of September 30, 2020 and December 31, 2019, respectively.
Changes in accretable yield for acquired loans	Three months ended September 30, 2020 Nine months ended September 30, 2020 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (58) $ (4,935) $ (4,993) $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable — — — (30) — (30) Accretion recognized 1 941 942 30 2,384 2,414 Balance at the end of the period $ (57) $ (3,994) $ (4,051) $ (57) $ (3,994) $ (4,051) Three months ended September 30, 2019 Nine months ended September 30, 2019 PCI Performing PCI Performing Loans Loans Total Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (151) $ (8,489) $ (8,640) $ (667) $ (10,127) $ (10,794) Reclassification of nonaccretable discount to accretable — — — (159) — (159) Accretion recognized 94 1,344 1,438 769 2,982 3,751 Balance at the end of the period $ (57) $ (7,145) $ (7,202) $ (57) $ (7,145) $ (7,202)
Aging of the loan/lease portfolio by classes of loans/leases	As of September 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 $ 1,816,454 $ 1,275 $ 339 $ — $ 4,981 $ 1,823,049 CRE Owner-Occupied CRE 485,950 — — — 304 486,254 Commercial Construction, Land Development, and Other Land 503,086 — — — — 503,086 Other Non Owner-Occupied CRE 999,369 378 — — 10,628 1,010,375 Direct Financing Leases 71,692 619 51 — 649 73,011 Residential Real Estate 243,646 — 512 60 814 245,032 Installment and Other Consumer 102,107 34 83 26 221 102,471 $ 4,222,304 $ 2,306 $ 985 $ 86 $ 17,597 $ 4,243,278 As a percentage of total loan/lease portfolio 99.52 % 0.05 % 0.02 % 0.00 % 0.41 % 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 September 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 $ — $ 4,981 $ 828 $ 5,809 30.99 % CRE Owner-Occupied CRE — 304 — 304 1.62 % Commercial Construction, Land Development, and Other Land — — — — - % Other Non Owner-Occupied CRE — 10,628 — 10,628 56.70 % Direct Financing Leases — 649 233 882 4.71 % Residential Real Estate 60 814 — 874 4.66 % Installment and Other Consumer 26 221 — 247 1.32 % $ 86 $ 17,597 $ 1,061 $ 18,744 100.00 % Nonaccrual loans/leases included $204 thousand of TDRs, including $48 thousand in commercial and industrial loans, $50 in commercial real estate loans, and $106 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 nine months ended September 30, 2020 and 2019, respectively, are presented as follows: Three Months Ended September 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 25,748 $ 29,123 $ 1,639 $ 3,010 $ 1,307 $ 60,827 Provisions charged to expense 9,008 10,428 608 253 45 20,342 Loans/leases charged off (1,079) (362) (358) — (20) (1,819) Recoveries on loans/leases previously charged off 150 64 13 — 5 232 Balance, ending $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Three Months Ended September 30, 2019 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Balance, beginning $ 18,248 $ 17,363 $ 1,459 $ 2,582 $ 1,452 $ 41,104 Reclassification of allowance related to held for sale assets (2,814) (2,392) — (628) (288) (6,122) Provisions (credits) charged to expense* 998 220 80 241 45 1,584 Loans/leases charged off (349) — (351) (37) (4) (741) Recoveries on loans/leases previously charged off 68 100 114 — 9 291 Balance, ending $ 16,151 $ 15,291 $ 1,302 $ 2,158 $ 1,214 $ 36,116 Nine Months Ended September 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 20,564 24,609 1,890 1,286 275 48,624 Loans/leases charged off (3,058) (873) (1,554) — (119) (5,604) Recoveries on loans/leases previously charged off 249 138 102 29 43 561 Balance, ending $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Nine Months Ended September 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 Reclassification of allowance related to held for sale assets (2,814) (2,392) — (628) (288) (6,122) Provisions (credits) charged to expense* 3,120 1,168 856 309 206 5,659 Loans/leases charged off (876) (1,369) (1,501) (109) (99) (3,953) Recoveries on loans/leases previously charged off 300 164 155 31 36 685 Balance, ending $ 16,151 $ 15,291 $ 1,302 $ 2,158 $ 1,214 $ 36,116 *Excludes provision related to loans included in assets held for sale of $428 thousand for the three and nine months ended September 30, 2019. The allowance by impairment evaluation and by portfolio segment as of September 30, 2020 and December 31, 2019 is presented as follows: As of September 30, 2020 Direct Financing Residential Real Installment and C&I CRE Leases Estate Other Consumer Total (dollars in thousands) Allowance for impaired loans/leases $ — $ 3,210 $ — $ 21 $ 75 $ 3,306 Allowance for nonimpaired loans/leases 33,827 36,043 1,902 3,242 1,262 76,276 $ 33,827 $ 39,253 $ 1,902 $ 3,263 $ 1,337 $ 79,582 Impaired loans/leases $ 2,004 $ 14,669 $ 944 $ 766 $ 221 $ 18,604 Nonimpaired loans/leases 1,821,045 1,985,046 72,067 244,266 102,250 4,224,674 $ 1,823,049 $ 1,999,715 $ 73,011 $ 245,032 $ 102,471 $ 4,243,278 Allowance as a percentage of impaired loans/leases — % 21.88 % — % 2.74 % 33.94 % 17.77 % Allowance as a percentage of nonimpaired loans/leases 1.86 % 1.82 % 2.64 % 1.33 % 1.23 % 1.81 % Total allowance as a percentage of total loans/leases 1.86 % 1.96 % 2.61 % 1.33 % 1.30 % 1.88 % 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 nine months ended September 30, 2020 are presented as follows: Nine Months Ended September 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 $ 2,004 $ 2,114 $ — $ 1,418 $ 35 $ 35 CRE Owner-Occupied CRE 287 528 — 146 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 1,336 1,336 — 334 22 22 Direct Financing Leases 944 944 — 792 16 16 Residential Real Estate 507 507 — 416 — — Installment and Other Consumer 146 146 — 119 — — $ 5,224 $ 5,575 $ — $ 3,225 $ 73 $ 73 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ — $ — $ — $ — $ — $ — CRE Owner-Occupied CRE — — — — — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 13,046 13,046 3,210 7,228 — — Direct Financing Leases — — — — — — Residential Real Estate 259 259 21 220 — — Installment and Other Consumer 75 75 75 69 — — $ 13,380 $ 13,380 $ 3,306 $ 7,517 $ — $ — Total Impaired Loans/Leases: C&I $ 2,004 $ 2,114 $ — $ 1,418 $ 35 $ 35 CRE Owner-Occupied CRE 287 528 — 146 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 14,382 14,382 3,210 7,562 22 22 Direct Financing Leases 944 944 — 792 16 16 Residential Real Estate 766 766 21 636 — — Installment and Other Consumer 221 221 75 188 — — $ 18,604 $ 18,955 $ 3,306 $ 10,742 $ 73 $ 73 Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three months ended September 30, 2020 and 2019 are presented as follows: Three Months Ended September 30, 2020 Three Months Ended September 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 $ 1,825 $ 11 $ 11 $ 1,433 $ 6 $ 6 CRE Owner-Occupied CRE 292 — — 42 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 668 7 7 739 7 7 Direct Financing Leases 953 6 6 1,359 6 6 Residential Real Estate 512 — — 540 — — Installment and Other Consumer 146 — — 543 — — $ 4,396 $ 24 $ 24 $ 4,656 $ 19 $ 19 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ — $ — $ — $ 141 $ — $ — CRE Owner-Occupied CRE — — — 123 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 9,757 — — 3,254 — — Direct Financing Leases — — — 120 — — Residential Real Estate 260 — — 390 — — Installment and Other Consumer 77 — — 84 — — $ 10,094 $ — $ — $ 4,112 $ — $ — Total Impaired Loans/Leases: C&I $ 1,825 $ 11 $ 11 $ 1,574 $ 6 $ 6 CRE Owner-Occupied CRE 292 — — 165 — — Commercial Construction, Land Development, and Other Land — — — — — — Other Non Owner-Occupied CRE 10,425 7 7 3,993 7 7 Direct Financing Leases 953 6 6 1,479 6 6 Residential Real Estate 772 — — 930 — — Installment and Other Consumer 223 — — 627 — — $ 14,490 $ 24 $ 24 $ 8,768 $ 19 $ 19 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 September 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) $ 1,610,503 $ 478,852 $ 491,928 $ 929,398 $ 3,510,681 95.91 % Special Mention (Rating 6) 25,547 2,211 680 51,149 79,587 2.17 % Substandard (Rating 7) 24,912 5,191 10,478 29,828 70,409 1.92 % Doubtful (Rating 8) — — — — — — % $ 1,660,962 $ 486,254 $ 503,086 $ 1,010,375 $ 3,660,677 100.00 % 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 98.27 % 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 1.08 % Doubtful (Rating 8) — — — — — — % $ 1,365,847 $ 443,989 $ 378,797 $ 913,610 $ 3,102,243 100.00 %
Financing receivable credit quality indicators performance status	As of September 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 $ 162,043 $ 72,129 $ 244,157 $ 102,224 $ 580,553 99.65 % Nonperforming 44 882 875 247 2,048 0.35 % $ 162,087 $ 73,011 $ 245,032 $ 102,471 $ 582,601 100.00 % 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 September 30, 2020 For the three months ended September 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 3 $ 197 $ 197 $ — — $ — $ — $ — Direct Financing Leases — — — — 3 116 116 — 3 $ 197 $ 197 $ — 3 $ 116 $ 116 $ — CONCESSION - Extension of Maturity Installment and Other Consumer — — — — 1 $ 56 $ 56 $ 56 — $ — $ — $ — 1 $ 56 $ 56 $ 56 TOTAL 3 $ 197 $ 197 $ — 4 $ 172 $ 172 $ 56 For the nine months ended September 30, 2020 For the nine months ended September 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 5 $ 308 $ 308 $ — 1 $ 19 $ 19 $ — Direct Financing Leases 3 145 145 — 6 219 219 20 8 $ 453 $ 453 $ — 7 $ 238 $ 238 $ 20 CONCESSION - Forgiveness of Principal C & I — $ — $ — $ — 1 587 537 — — $ — $ — $ — 1 $ 587 $ 537 $ — CONCESSION - Extension of Maturity Installment and Other Consumer — $ — $ — $ — 1 56 56 56 — $ — $ — $ — 1 $ 56 $ 56 $ 56 TOTAL 8 $ 453 $ 453 $ — 9 $ 881 $ 831 $ 76

NOTE 4 - DERIVATIVES AND HEDG_2

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	9 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	Sep. 30, 2020
Notes Tables
Changes in the fair value of the underlying derivative contracts	September 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 $ 1,435,379 $ 236,077 $ 787,221 $ 84,679 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 1,435,379 $ 236,077 $ 787,221 $ 84,679
Schedule of hedged interest rate swaps and non-hedged interest rate swaps are collateralized by investment securities with carrying values	September 30, 2020 December 31, 2019 (dollars in thousands) Cash $ 81,373 $ 10,990 U.S govt. sponsored agency securities 3,650 3,541 Municipal securities 50,730 68,089 Residential mortgage-backed and related securities 105,631 27,027 $ 241,384 $ 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 September 30, 2020 December 31, 2019 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 6 $ 112 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 11 218 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.90 5 96 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 6 109 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 17 214 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 35 401 Deposits 2/1/2020 2/1/2024 Other Assets 25,000 1.90 17 202 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 17 201 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 37 337 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 75 617 Deposits 3/1/2020 3/1/2025 Other Assets 25,000 1.90 40 332 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 38 309 $ 375,000 $ 304 $ 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 September 30, 2020 December 31, 2019 (dollars in thousands) CRBT - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities $ 30,000 0.23 % 1.12 % $ (660) $ - SFCB - FHLB Advances or Brokered CDs 3/16/2020 3/16/2023 Derivatives - Liabilities 10,000 0.24 % 0.95 % (181) - QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.07 % 5.85 % (1,963) (971) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.07 % 5.85 % (1,570) (777) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 1.83 % 4.54 % (1,909) (944) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.40 % 5.17 % (587) (291) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 2.00 % 4.75 % (684) (339) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 2.00 % 4.75 % (879) (436) $ 79,000 1.34 % 5.24 % $ (8,433) $ (3,758)

NOTE 5 - SUBORDINATED NOTES (Ta

NOTE 5 - SUBORDINATED NOTES (Tables)	9 Months Ended
NOTE 5 - SUBORDINATED NOTES (Tables)	Sep. 30, 2020
SUBORDINATED NOTES
Summary of subordinated notes	Amount Outstanding Interest Rate Amount Outstanding Interest Rate as of September 30, 2020 as of September 30, 2020 as of December 31, 2019 as of December 31, 2019 Maturity Date (dollars in thousands) Subordinated debenture dated 9/14/20 $ 50,000 5.125 % $ - — % 9/15/2030 Subordinated debenture dated 2/1/19 65,000 5.375 % 65,000 5.375 % 9/15/2030 Subordinated debenture dated 4/30/16* 2,000 4.00 % 2,000 4.00 % 4/30/2026 Subordinated debenture dated 9/15/16* 3,000 4.00 % 3,000 4.00 % 9/15/2026 Debt issuance costs (1,423) (1,606) Total Subordinated Debentures $ 118,577 $ 68,394 *Assumed in acquisition of SFCB

NOTE 6 - EARNINGS PER SHARE (Ta

NOTE 6 - EARNINGS PER SHARE (Tables)	9 Months Ended
NOTE 6 - EARNINGS PER SHARE (Tables)	Sep. 30, 2020
EARNINGS PER SHARE
Schedule of computation of earnings per share on a basic and diluted basis	Three months ended Nine months ended September 30, September 30, 2020 2019 2020 2019 (dollars in thousands, except share data) Net income $ 17,344 $ 15,095 $ 42,311 $ 41,517 Basic EPS $ 1.10 $ 0.96 $ 2.68 $ 2.64 Diluted EPS $ 1.09 $ 0.94 $ 2.65 $ 2.60 Weighted average common shares outstanding 15,767,152 15,739,430 15,770,335 15,715,788 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 156,426 237,312 175,497 230,232 Weighted average common and common equivalent shares outstanding 15,923,578 15,976,742 15,945,832 15,946,020

NOTE 7 - FAIR VALUE (Tables)

NOTE 7 - FAIR VALUE (Tables)	9 Months Ended
NOTE 7 - FAIR VALUE (Tables)	Sep. 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) September 30, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 18,437 $ — $ 18,437 $ — Residential mortgage-backed and related securities 134,147 — 134,147 — Municipal securities 135,233 — 135,233 — Asset-backed securities 40,665 — 40,665 — Other securities 18,714 — 18,714 — Derivatives 236,381 — 236,381 — Total assets measured at fair value $ 583,577 $ — $ 583,577 $ — Derivatives $ 244,510 $ — $ 244,510 $ — Total liabilities measured at fair value $ 244,510 $ — $ 244,510 $ — 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) September 30, 2020: Impaired loans/leases $ 11,226 $ — $ — $ 11,226 OREO 135 — — 135 $ 11,361 $ — $ — $ 11,361 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 September 30, December 31, 2020 2019 Valuation Technique Unobservable Input Range (dollars in thousands) Impaired loans/leases $ 11,226 $ 3,394 Appraisal of collateral Appraisal adjustments (10.00) % to (30.00) % OREO 135 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 September 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 $ 68,932 $ 68,932 $ 76,254 $ 76,254 Federal funds sold Level 2 530 530 9,800 9,800 Interest-bearing deposits at financial institutions Level 2 302,138 302,138 147,891 147,891 Investment securities: HTM Level 2 434,892 460,199 400,646 426,545 AFS * 347,196 347,196 210,695 210,695 Loans/leases receivable, net Level 3 10,394 11,226 3,143 3,394 Loans/leases receivable, net Level 2 4,158,001 4,142,232 3,651,061 3,606,520 Derivatives Level 2 236,381 236,381 87,827 87,827 Deposits: Nonmaturity deposits Level 2 4,116,250 4,116,250 3,184,726 3,184,726 Time deposits Level 2 556,018 562,068 726,325 742,444 Short-term borrowings Level 2 30,430 30,430 13,423 13,423 FHLB advances Level 2 40,000 40,182 159,300 159,193 Subordinated notes Level 2 118,577 118,724 68,394 68,563 Junior subordinated debentures Level 2 37,955 30,487 37,838 30,477 Derivatives Level 2 244,510 244,510 88,437 88,437

NOTE 8 - BUSINESS SEGMENT INF_2

NOTE 8 - BUSINESS SEGMENT INFORMATION (Tables)	9 Months Ended
NOTE 8 - BUSINESS SEGMENT INFORMATION (Tables)	Sep. 30, 2020
Notes Tables
Schedule of business segment information	Commercial Banking Wealth Intercompany Consolidated QCBT CRBT CSB SFCB Management All other Eliminations Total (dollars in thousands) Three Months Ended September 30, 2020 Total revenue $ 20,856 $ 43,331 $ 11,033 $ 10,266 $ 3,545 $ 21,657 $ (21,839) $ 88,849 Net interest income 16,648 14,432 8,593 6,159 — (1,531) 280 44,581 Provision for loan/lease losses 7,861 8,878 2,493 1,110 — — — 20,342 Net income (loss) from continuing operations 2,455 13,221 1,867 2,869 1,053 17,362 (21,483) 17,344 Goodwill 3,223 14,980 9,888 45,975 — — — 74,066 Intangibles — 2,313 3,474 6,115 — — — 11,902 Total assets 2,205,934 2,012,182 937,016 803,478 — 756,716 (850,766) 5,864,560 Three Months Ended September 30, 2019 Total revenue $ 21,230 $ 25,707 $ 11,596 $ 8,351 $ 4,122 $ 27,753 $ (22,036) $ 76,723 Net interest income 13,357 11,478 8,894 5,056 — 1,934 — 40,719 Provision for loan/lease losses 948 150 150 276 — 488 — 2,012 Net income (loss) from continuing operations 4,870 7,900 3,482 2,116 926 15,081 (19,280) 15,095 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,810 4,154 7,034 — 1,531 — 15,529 Total assets 1,642,950 1,592,896 801,596 693,898 — 1,180,872 (619,830) 5,292,382 Nine Months Ended September 30, 2020 Total revenue $ 60,083 $ 99,938 $ 30,836 $ 28,490 $ 11,211 $ 55,087 $ (55,342) $ 230,303 Net interest income 46,728 38,638 23,631 18,002 — (4,514) 758 123,243 Provision for loan/lease losses 18,583 18,288 7,268 4,485 — — — 48,624 Net income (loss) 10,664 30,178 3,496 6,974 2,860 42,296 (54,157) 42,311 Goodwill 3,223 14,980 9,888 45,975 — — — 74,066 Intangibles — 2,313 3,474 6,115 — — — 11,902 Total assets 2,205,934 2,012,182 937,016 803,478 — 756,716 (850,766) 5,864,560 Nine Months Ended September 30, 2019 Total revenue $ 60,148 $ 68,526 $ 30,596 $ 23,396 $ 12,599 $ 71,361 $ (54,563) $ 212,063 Net interest income 38,129 32,671 23,154 15,707 — 5,979 — 115,640 Provision for loan/lease losses 2,941 875 451 1,261 — 559 — 6,087 Net income (loss) from continuing operations 13,560 19,928 7,845 5,848 2,667 42,566 (50,897) 41,517 Goodwill 3,223 14,980 9,888 45,975 — 3,682 — 77,748 Intangibles — 2,810 4,154 7,034 — 1,531 — 15,529 Total assets 1,642,950 1,592,896 801,596 693,898 — 1,180,872 (619,830) 5,292,382

NOTE 9 - REGULATORY CAPITAL R_2

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS (Tables)	9 Months Ended
NOTE 9 - REGULATORY CAPITAL REQUIREMENTS (Tables)	Sep. 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 September 30, 2020: Company: Total risk-based capital $ 700,831 14.93 % $ 375,643 > 8.00 % $ 493,031 > 10.50 % $ 469,553 > 10.00 % Tier 1 risk-based capital 528,228 11.25 281,732 > 6.00 399,120 > 8.50 375,643 > 8.00 Tier 1 leverage 528,228 9.21 229,457 > 4.00 229,457 > 4.00 286,822 > 5.00 Common equity Tier 1 490,273 10.44 211,299 > 4.50 328,687 > 7.00 305,210 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 204,284 12.13 % $ 134,760 > 8.00 % $ 176,872 > 10.50 % $ 168,450 > 10.00 % Tier 1 risk-based capital 183,131 10.87 101,070 > 6.00 143,182 > 8.50 134,760 > 8.00 Tier 1 leverage 183,131 7.85 93,313 > 4.00 93,313 > 4.00 116,642 > 5.00 Common equity Tier 1 183,131 10.87 75,802 > 4.50 117,915 > 7.00 109,492 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 214,219 12.92 % $ 132,656 > 8.00 % $ 174,112 > 10.50 % $ 165,821 > 10.00 % Tier 1 risk-based capital 193,384 11.66 99,492 > 6.00 140,948 > 8.50 132,656 > 8.00 Tier 1 leverage 193,384 9.72 79,559 > 4.00 79,559 > 4.00 99,449 > 5.00 Common equity Tier 1 193,384 11.66 74,619 > 4.50 116,074 > 7.00 107,783 > 6.50 Community State Bank: Total risk-based capital $ 99,123 12.74 % $ 62,222 > 8.00 % $ 81,666 > 10.50 % $ 77,777 > 10.00 % Tier 1 risk-based capital 89,359 11.49 46,666 > 6.00 66,110 > 8.50 62,222 > 8.00 Tier 1 leverage 89,359 9.85 36,273 > 4.00 36,273 > 4.00 45,341 > 5.00 Common equity Tier 1 89,359 11.49 35,000 > 4.50 54,444 > 7.00 50,555 > 6.50 Springfield First Community Bank: Total risk-based capital $ 83,283 13.68 % $ 48,718 > 8.00 % $ 63,943 > 10.50 % $ 60,898 > 10.00 % Tier 1 risk-based capital 71,617 11.76 36,539 > 6.00 51,763 > 8.50 48,718 > 8.00 Tier 1 leverage 71,617 10.27 27,903 > 4.00 27,903 > 4.00 34,879 > 5.00 Common equity Tier 1 71,617 11.76 27,404 > 4.50 42,629 > 7.00 39,584 > 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 10 - SALE OF SUBSIDIARY (T

Note 10 - SALE OF SUBSIDIARY (Tables)	9 Months Ended
Note 10 - SALE OF SUBSIDIARY (Tables)	Sep. 30, 2020
SALE OF SUBSIDIARY
Schedule of assets and liabilities sold	As of August 12, 2020 (dollars in thousands) ASSETS Cash and due from banks $ 349 Premises and equipment, net 19 Other assets 2,211 Total assets sold $ 2,579 LIABILITIES Other liabilities $ 946 Total liabilities sold $ 946 Net assets sold $ 1,633 Forgiveness of earn-out consideration 880 Note receivable consideration 448 Loss on sale of subsidiary $ 305

NOTE 1 - SUMMARY OF SIGNIFICA_3

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Sep. 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)	15,792,357	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	Sep. 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	$ 3	$ 3
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in allowance for estimated losses on loans or leases	$ 8	$ 8

NOTE 2 - INVESTMENT SECURITIE_2

NOTE 2 - INVESTMENT SECURITIES (Details)	3 Months Ended		9 Months Ended
NOTE 2 - INVESTMENT SECURITIES (Details)	Sep. 30, 2020USD ($)itemstate	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)itemstate	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)stateitem
Number of securities \| item	647		647
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions \| item	73		73
Aggregate losses of securities (as a percent)	0.30%		0.30%
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year	0		0
Other than temporary impairment losses, investments	$ 0	$ 0	$ 0	$ 0
Sale of securities	22,252,000	23,364,000	28,579,000	28,025,000
Gain on sale	$ 1,802,000	$ 143,000	$ 1,936,000	$ 150,000
Number Of Charters Owning Municipal Securities \| item			4
Municipal securities \| General Obligation Bonds
Number of issuers \| item	114		114		93
Other investments	$ 110,300,000		$ 110,300,000		$ 77,200,000
Number of states holding investments \| state	21		21		22
Municipal securities \| General Obligation Bonds \| Minimum
Other investments	$ 5,000,000		$ 5,000,000		$ 5,000,000
Municipal securities \| General Obligation Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments \| state	9		9		6
Municipal securities \| Revenue Bonds
Number of issuers \| item	182		182		154
Other investments	$ 484,100,000		$ 484,100,000		$ 396,600,000
Number of states holding investments	24		24		17
Municipal securities \| Revenue Bonds \| Minimum
Other investments	$ 5,000,000		$ 5,000,000		$ 5,000,000
Municipal securities \| Revenue Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments	13		13		9

NOTE 2 - INVESTMENT SECURITIE_3

NOTE 2 - INVESTMENT SECURITIES - Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, at amortized cost	$ 434,892	$ 400,646
Securities held to maturity, gross unrealized gains	26,292	26,042
Securities held to maturity, gross unrealized (losses)	(985)	(143)
Securities held to maturity, fair value	460,199	426,545
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	336,863	206,962
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	11,594	4,068
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(1,261)	(335)
Debt Securities, Available-for-sale	347,196	210,695
Municipal securities
Securities held to maturity:
Securities held to maturity, at amortized cost	433,842	399,596
Securities held to maturity, gross unrealized gains	26,292	26,042
Securities held to maturity, gross unrealized (losses)	(984)	(143)
Securities held to maturity, fair value	459,150	425,495
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	132,545	46,659
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	3,497	1,602
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(809)	(4)
Debt Securities, Available-for-sale	135,233	48,257
U.S. govt. sponsored agency securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	17,791	19,872
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	667	283
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(21)	(77)
Debt Securities, Available-for-sale	18,437	20,078
Residential mortgage-backed and related securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	128,281	118,724
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	6,158	2,045
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(292)	(182)
Debt Securities, Available-for-sale	134,147	120,587
Asset-backed securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	39,696	16,958
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	1,108
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(139)	(71)
Debt Securities, Available-for-sale	40,665	16,887
Other Securities
Securities held to maturity:
Securities held to maturity, at amortized cost	1,050	1,050
Securities held to maturity, gross unrealized (losses)	(1)
Securities held to maturity, fair value	1,049	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	164	138
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax		(1)
Debt Securities, Available-for-sale	$ 18,714	$ 4,886

NOTE 2 - INVESTMENT SECURITIE_4

NOTE 2 - INVESTMENT SECURITIES - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	$ 34,301	$ 1,059
Securities held to maturity, less than 12 months, gross unrealized losses	(985)	(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	34,301	11,106
Securities held to maturity, gross unrealized losses	(985)	(143)
Securities available for sale:
Securities available for sale, less than 12 months, fair value	78,440	20,829
Securities available for sale, less than 12 months, gross unrealized losses	(1,261)	(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	78,440	41,532
Securities available for sale, gross unrealized losses	(1,261)	(335)
Municipal securities
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	33,252	509
Securities held to maturity, less than 12 months, gross unrealized losses	(984)	(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	33,252	10,556
Securities held to maturity, gross unrealized losses	(984)	(143)
Securities available for sale:
Securities available for sale, less than 12 months, fair value	27,277
Securities available for sale, less than 12 months, gross unrealized losses	(809)
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	27,277	724
Securities available for sale, gross unrealized losses	(809)	(4)
U.S. govt. sponsored agency securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	3,243	1,431
Securities available for sale, less than 12 months, gross unrealized losses	(21)	(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	3,243	3,548
Securities available for sale, gross unrealized losses	(21)	(77)
Residential mortgage-backed and related securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	31,124	2,263
Securities available for sale, less than 12 months, gross unrealized losses	(292)	(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	31,124	20,125
Securities available for sale, gross unrealized losses	(292)	(182)
Asset-backed securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	16,796	16,886
Securities available for sale, less than 12 months, gross unrealized losses	(139)	(71)
Securities available for sale, fair value	16,796	16,886
Securities available for sale, gross unrealized losses	(139)	(71)
Other Securities
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value	1,049	550
Securities held to maturity, less than 12 months, gross unrealized losses	(1)
Securities held to maturity, fair value	1,049	550
Securities held to maturity, gross unrealized losses	$ (1)
Securities available for sale:
Securities available for sale, less than 12 months, fair value		249
Securities available for sale, less than 12 months, gross unrealized losses		(1)
Securities available for sale, fair value		249
Securities available for sale, gross unrealized losses		$ (1)

NOTE 2 - INVESTMENT SECURITIE_5

NOTE 2 - INVESTMENT SECURITIES - Sales of Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
INVESTMENT SECURITIES
Proceeds from sales of securities	$ 22,252	$ 23,364	$ 28,579	$ 28,025
Gross gains from sales of securities	$ 1,802	143	1,936	150
Gross losses from sales of securities		$ (146)	$ (69)	$ (206)

NOTE 2 - INVESTMENT SECURITIE_6

NOTE 2 - INVESTMENT SECURITIES - Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities held to maturity:
Securities held to maturity, due in one year or less, amortized cost	$ 3,509
Securities held to maturity, due in one year or less, fair value	3,525
Securities held to maturity, due after one year through five years, amortized cost	32,354
Securities held to maturity, due after one year through five years, fair value	32,909
Securities held to maturity, due after five years, amortized cost	399,029
Securities held to maturity, due after five years, fair value	423,765
Securities held to maturity, amortized cost	434,892
Securities held to maturity, fair value	460,199	$ 426,545
Securities available for sale:
Securities available for sale, due in one year or less, amortized cost	7,795
Securities available for sale, Due in one year or less, fair value	7,810
Securities available for sale, due after one year through five years, amortized cost	14,010
Securities available for sale, Due after one year through five years, fair value	14,423
Securities available for sale, due after five years, amortized cost	147,081
Securities available for sale, Due after five years, fair value	150,151
Securities available for sale, single maturity, amortized cost	168,886
Securities available for sale, single maturity, fair value	172,384
Securities available for sale, amortized cost	336,863	206,962
Securities available for sale, fair value	347,196	210,695
Callable Securities [Member]
Securities available for sale:
Securities available for sale, callable, amortized cost	122,530
Securities available for sale, callable, fair value	125,035
Municipal securities
Securities held to maturity:
Securities held to maturity, fair value	459,150	425,495
Securities available for sale:
Securities available for sale, amortized cost	132,545	46,659
Securities available for sale, fair value	135,233	48,257
Municipal securities \| Callable Securities [Member]
Securities held to maturity:
Securities held to maturity, callable, amortized cost	204
Securities held to maturity, callable, fair value	203
Securities available for sale:
Securities available for sale, callable, amortized cost	118,030
Securities available for sale, callable, fair value	120,371
Asset-backed securities
Securities held to maturity:
Securities held to maturity, callable, amortized cost	39,696
Securities held to maturity, callable, fair value	40,665
Securities available for sale:
Securities available for sale, amortized cost	39,696	16,958
Securities available for sale, fair value	40,665	16,887
Residential mortgage-backed and related securities
Securities held to maturity:
Securities held to maturity, callable, amortized cost	128,281
Securities held to maturity, callable, fair value	134,147
Securities available for sale:
Securities available for sale, amortized cost	128,281	118,724
Securities available for sale, fair value	134,147	120,587
Other Securities
Securities held to maturity:
Securities held to maturity, fair value	1,049	1,050
Securities available for sale:
Securities available for sale, amortized cost	18,550	4,749
Securities available for sale, fair value	18,714	$ 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	$ 4,664

NOTE 3 - LOANS_LEASES RECEIVA_3

NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	3 Months Ended				9 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	Sep. 30, 2020USD ($)itemloan	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)loan	Mar. 31, 2019USD ($)	Sep. 30, 2020USD ($)loanitemcontract	Sep. 30, 2019USD ($)loanitem
Loans and leases	$ 4,243,278	$ 3,681,346			$ 4,243,278
Loans receivable held for sale	8,811	3,673			8,811
Nonaccrual Loans/Leases	17,597	7,902			17,597
Accruing TDRs	$ 1,300	1,700			$ 1,300
Nonaccrual Loans/Leases \| loan	3		4		8	9
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 197	55	$ 172		$ 453	$ 831
Financing Receivable, Modifications, Subsequent Default, Number of Contracts \| item	1				3	2
Number of nonaccrual restructured loans \| loan	0				0
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	$ 128				$ 482	$ 108
Number of TDRs restructured and written off \| item	3				10	3
Accruing Past Due 90 Days or More	$ 86	33			$ 86
Financing Receivable, Modification, Number of Contracts \| contract					2,451
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	575,000				$ 575,000
m2 Lease Funds, LLC
Financing Receivable, Modification, Number of Contracts \| contract					953
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	53,000				$ 53,000
Loan Relief Program
Number of Leases \| loan					238
Loans and leases	$ 83,000				$ 83,000
Loans and leases, Percent	1.95%				1.95%
Financing Receivable, Modification, Number of Contracts \| contract					1,498
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 522,000				$ 522,000
Financial Receivables Loan Modification, Percent	13.53%				13.53%
One Customer [Member]
Financing Receivable, Modifications, Post-Modification Recorded Investment		32		$ 66
Nonaccrual [Member]
Nonaccrual Loans/Leases \| loan						3
Financing Receivable, Modifications, Post-Modification Recorded Investment						$ 121
Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	$ 204	747,000			$ 204
Residential Portfolio Segment [Member]
Loans and leases	245,032	239,904			245,032
Loans receivable held for sale	8,800	3,700			8,800
Nonaccrual Loans/Leases	814	706			814
Accruing Past Due 90 Days or More	60				60
Residential Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases		31
Commercial Portfolio Segment [Member]
Loans and leases	1,823,049	1,507,825			1,823,049
Nonaccrual Loans/Leases	4,981	1,236			4,981
Financing Receivable, Modifications, Post-Modification Recorded Investment		48
Commercial Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	48	98			48
Commercial Portfolio Segment [Member] \| m2 Lease Funds, LLC
Loans and leases	162,100	142,000			162,100
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,999,715	1,736,396			1,999,715
Commercial Real Estate Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	50	269,000			50
Finance Leases Portfolio Segment [Member]
Loans and leases	73,011	87,869			73,011
Nonaccrual Loans/Leases	649	1,517			649
Finance Leases Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases		294
Consumer Portfolio Segment [Member]
Loans and leases	102,471	109,352			102,471
Nonaccrual Loans/Leases	221	556			221
Accruing Past Due 90 Days or More	26	33			26
Consumer Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases	$ 106	$ 55			$ 106

NOTE 3 - LOANS_LEASES RECEIVA_4

NOTE 3 - LOANS/LEASES RECEIVABLE - Composition of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Gross loans/leases receivable	$ 4,247,977		$ 3,690,205
Less allowance	(79,582)	$ (60,827)	(36,001)	$ (36,116)	$ (41,104)	$ (39,847)
Net loans/leases receivable	4,168,395		3,654,204
Plus deferred loan/lease origination costs, net of fees.	4,699		8,859
Loans and leases receivable	4,243,278		3,681,346
Commercial Portfolio Segment [Member]
Less allowance	(33,827)	(25,748)	(16,072)	(16,151)	(18,248)	(16,420)
Loans and leases receivable	1,823,049		1,507,825
Commercial Real Estate Portfolio Segment [Member]
Less allowance	(39,253)	(29,123)	(15,379)	(15,291)	(17,363)	(17,719)
Loans and leases receivable	1,999,715		1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable	486,254		443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases receivable	503,086		378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable	1,010,375		913,610
Finance Leases Portfolio Segment [Member]
Net minimum lease receivable	80,560		97,025
Estimated unguaranteed residual values of leased assets	616		547
Unearned lease/residual income	(8,165)		(9,703)
Gross loans/leases receivable	74,281		89,761
Less allowance	(1,902)	(1,639)	(1,464)	(1,302)	(1,459)	(1,792)
Net loans/leases receivable	72,379		88,297
Plus deferred loan/lease origination costs, net of fees.	1,270		1,892
Loans and leases receivable	73,011		87,869
Residential Portfolio Segment [Member]
Less allowance	(3,263)	(3,010)	(1,948)	(2,158)	(2,582)	(2,557)
Loans and leases receivable	245,032		239,904
Consumer Portfolio Segment [Member]
Less allowance	(1,337)	$ (1,307)	(1,138)	$ (1,214)	$ (1,452)	$ (1,359)
Loans and leases receivable	$ 102,471		$ 109,352

NOTE 3 - LOANS_LEASES RECEIVA_5

NOTE 3 - LOANS/LEASES RECEIVABLE - Changes in Accretable Yield (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Balance at the beginning of the period	$ (4,993)	$ (8,640)	$ (6,435)	$ (10,794)
Reclassification of nonaccretable discount to accretable			(30)	(159)
Accretion recognized	942	1,438	2,414	3,751
Balance at the end of the period	(4,051)	(7,202)	(4,051)	(7,202)
PCI Loans
Balance at the beginning of the period	(58)	(151)	(57)	(667)
Reclassification of nonaccretable discount to accretable			(30)	(159)
Accretion recognized	1	94	30	769
Balance at the end of the period	(57)	(57)	(57)	(57)
Performing Loans
Balance at the beginning of the period	(4,935)	(8,489)	(6,378)	(10,127)
Accretion recognized	941	1,344	2,384	2,982
Balance at the end of the period	$ (3,994)	$ (7,145)	$ (3,994)	$ (7,145)

NOTE 3 - LOANS_LEASES RECEIVA_6

NOTE 3 - LOANS/LEASES RECEIVABLE - Aging of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current	$ 4,222,304	$ 3,659,453
Accruing Past Due 90 Days or More	86	33
Financing Receivable, Recorded Investment, Nonaccrual Status	17,597	7,902
Loans and leases	$ 4,243,278	$ 3,681,346
Current as a percentage of total loan/lease portfolio	99.52%	99.41%
Accruing past due 90 days or more as a percentage of total loan/lease portfolio	0.00%	0.00%
Nonaccrual Loans/Leases as a percentage of total loan/lease portfolio	0.41%	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	$ 2,306	$ 12,638
Past due as a percentage of total loan/lease portfolio	0.05%	0.34%
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	$ 985	$ 1,320
Past due as a percentage of total loan/lease portfolio	0.02%	0.04%
Commercial Portfolio Segment [Member]
Current	$ 1,816,454	$ 1,499,891
Financing Receivable, Recorded Investment, Nonaccrual Status	4,981	1,236
Loans and leases	1,823,049	1,507,825
Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	1,275	6,126
Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	339	572
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,999,715	1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Current	485,950	443,707
Financing Receivable, Recorded Investment, Nonaccrual Status	304	34
Loans and leases	486,254	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Current	503,086	375,940
Loans and leases	503,086	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Current	999,369	909,684
Financing Receivable, Recorded Investment, Nonaccrual Status	10,628	3,853
Loans and leases	1,010,375	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		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	378	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		71
Finance Leases Portfolio Segment [Member]
Current	71,692	85,636
Financing Receivable, Recorded Investment, Nonaccrual Status	649	1,517
Loans and leases	73,011	87,869
Finance Leases Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	619	463
Finance Leases Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	51	253
Residential Portfolio Segment [Member]
Current	243,646	235,845
Accruing Past Due 90 Days or More	60
Financing Receivable, Recorded Investment, Nonaccrual Status	814	706
Loans and leases	245,032	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	512	414
Consumer Portfolio Segment [Member]
Current	102,107	108,750
Accruing Past Due 90 Days or More	26	33
Financing Receivable, Recorded Investment, Nonaccrual Status	221	556
Loans and leases	102,471	109,352
Consumer Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	34	3
Consumer Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	$ 83	$ 10

NOTE 3 - LOANS_LEASES RECEIVA_7

NOTE 3 - LOANS/LEASES RECEIVABLE - Loans Leases Nonperforming Loans Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accruing Past Due 90 Days or More	$ 86	$ 33
Nonaccrual Loans/Leases	17,597	7,902
Accruing TDRs	1,300	1,700
Loans and Leases Receivable, Net of Deferred Income	$ 4,243,278	$ 3,681,346
Percentage of Total NPLs	100.00%	100.00%
Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	$ 86	$ 33
Nonaccrual Loans/Leases	17,597	7,902
Accruing TDRs	1,061	979
Loans and Leases Receivable, Net of Deferred Income	$ 18,744	$ 8,914
Percentage of Total NPLs	100.00%	100.00%
Commercial Portfolio Segment [Member]
Nonaccrual Loans/Leases	$ 4,981	$ 1,236
Loans and Leases Receivable, Net of Deferred Income	1,823,049	1,507,825
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	4,981	1,236
Accruing TDRs	828	646
Loans and Leases Receivable, Net of Deferred Income	$ 5,809	$ 1,882
Percentage of Total NPLs	30.99%	21.12%
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 1,999,715	$ 1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	304	34
Loans and Leases Receivable, Net of Deferred Income	486,254	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and Leases Receivable, Net of Deferred Income	503,086	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	10,628	3,853
Loans and Leases Receivable, Net of Deferred Income	1,010,375	913,610
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	304	34
Loans and Leases Receivable, Net of Deferred Income	$ 304	$ 34
Percentage of Total NPLs	1.62%	0.38%
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases	$ 10,628	$ 3,853
Loans and Leases Receivable, Net of Deferred Income	$ 10,628	$ 3,853
Percentage of Total NPLs	56.70%	43.22%
Finance Leases Portfolio Segment [Member]
Nonaccrual Loans/Leases	$ 649	$ 1,517
Loans and Leases Receivable, Net of Deferred Income	73,011	87,869
Finance Leases Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	649	1,517
Accruing TDRs	233	333
Loans and Leases Receivable, Net of Deferred Income	$ 882	$ 1,850
Percentage of Total NPLs	4.71%	20.75%
Residential Portfolio Segment [Member]
Accruing Past Due 90 Days or More	$ 60
Nonaccrual Loans/Leases	814	$ 706
Loans and Leases Receivable, Net of Deferred Income	245,032	239,904
Residential Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	60
Nonaccrual Loans/Leases	814	706
Loans and Leases Receivable, Net of Deferred Income	$ 874	$ 706
Percentage of Total NPLs	4.66%	7.92%
Consumer Portfolio Segment [Member]
Accruing Past Due 90 Days or More	$ 26	$ 33
Nonaccrual Loans/Leases	221	556
Loans and Leases Receivable, Net of Deferred Income	102,471	109,352
Consumer Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More	26	33
Nonaccrual Loans/Leases	221	556
Loans and Leases Receivable, Net of Deferred Income	$ 247	$ 589
Percentage of Total NPLs	1.32%	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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Dec. 31, 2019
Balance	$ 60,827	$ 41,104	$ 36,001	$ 39,847
Provisions charged to expense	20,342	2,012	48,624	6,087
Reclassification of allowance for loans and leases relating to assets held for sale.		(6,122)		(6,122)
Loans/leases charged off	(1,819)	(741)	(5,604)	(3,953)
Recoveries on loans/leases previously charged off	232	291	561	685
Balance	79,582	36,116	79,582	36,116
Allowance for impaired loans/leases					$ 3,306	$ 660
Allowance for nonimpaired loans/leases					76,276	35,341
Less allowance for estimated losses on loans/leases	60,827	36,116	36,001	39,847	79,582	36,001
Impaired loans/leases					18,604	8,661
Nonimpaired loans/leases					4,224,674	3,672,685
Loans and leases					$ 4,243,278	$ 3,681,346
Allowance as a percentage of impaired loans/leases					17.77%	7.62%
Allowance as a percentage of nonimpaired loans/leases					1.81%	0.96%
Total allowance as a percentage of total loans/leases					1.88%	0.98%
Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		1,584		5,659
Assets Held For Sale [Member]
Provisions charged to expense				428
Commercial Portfolio Segment [Member]
Balance	25,748	18,248	16,072	16,420
Provisions charged to expense	9,008		20,564
Reclassification of allowance for loans and leases relating to assets held for sale.		(2,814)		(2,814)
Loans/leases charged off	(1,079)	(349)	(3,058)	(876)
Recoveries on loans/leases previously charged off	150	68	249	300
Balance	33,827	16,151	33,827	16,151
Allowance for impaired loans/leases						$ 170
Allowance for nonimpaired loans/leases					$ 33,827	15,902
Less allowance for estimated losses on loans/leases	33,827	16,151	16,072	16,420	33,827	16,072
Impaired loans/leases					2,004	1,846
Nonimpaired loans/leases					1,821,045	1,505,979
Loans and leases					$ 1,823,049	$ 1,507,825
Allowance as a percentage of impaired loans/leases						9.21%
Allowance as a percentage of nonimpaired loans/leases					1.86%	1.06%
Total allowance as a percentage of total loans/leases					1.86%	1.07%
Commercial Portfolio Segment [Member] \| Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		998		3,120
Commercial Real Estate Portfolio Segment [Member]
Balance	29,123	17,363	15,379	17,719
Provisions charged to expense	10,428		24,609
Reclassification of allowance for loans and leases relating to assets held for sale.		(2,392)		(2,392)
Loans/leases charged off	(362)		(873)	(1,369)
Recoveries on loans/leases previously charged off	64	100	138	164
Balance	39,253	15,291	39,253	15,291
Allowance for impaired loans/leases					$ 3,210	$ 125
Allowance for nonimpaired loans/leases					36,043	15,254
Less allowance for estimated losses on loans/leases	39,253	15,291	15,379	17,719	39,253	15,379
Impaired loans/leases					14,669	3,585
Nonimpaired loans/leases					1,985,046	1,732,811
Loans and leases					$ 1,999,715	$ 1,736,396
Allowance as a percentage of impaired loans/leases					21.88%	3.49%
Allowance as a percentage of nonimpaired loans/leases					1.82%	0.88%
Total allowance as a percentage of total loans/leases					1.96%	0.89%
Commercial Real Estate Portfolio Segment [Member] \| Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		220		1,168
Finance Leases Portfolio Segment [Member]
Balance	1,639	1,459	1,464	1,792
Provisions charged to expense	608		1,890
Loans/leases charged off	(358)	(351)	(1,554)	(1,501)
Recoveries on loans/leases previously charged off	13	114	102	155
Balance	1,902	1,302	1,902	1,302
Allowance for impaired loans/leases						$ 270
Allowance for nonimpaired loans/leases					$ 1,902	1,194
Less allowance for estimated losses on loans/leases	1,639	1,302	1,464	1,792	1,902	1,464
Impaired loans/leases					944	2,025
Nonimpaired loans/leases					72,067	85,844
Loans and leases					$ 73,011	$ 87,869
Allowance as a percentage of impaired loans/leases						13.33%
Allowance as a percentage of nonimpaired loans/leases					2.64%	1.39%
Total allowance as a percentage of total loans/leases					2.61%	1.67%
Finance Leases Portfolio Segment [Member] \| Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		80		856
Residential Portfolio Segment [Member]
Balance	3,010	2,582	1,948	2,557
Provisions charged to expense	253		1,286
Reclassification of allowance for loans and leases relating to assets held for sale.		(628)		(628)
Loans/leases charged off		(37)		(109)
Recoveries on loans/leases previously charged off			29	31
Balance	3,263	2,158	3,263	2,158
Allowance for impaired loans/leases					$ 21	$ 15
Allowance for nonimpaired loans/leases					3,242	1,933
Less allowance for estimated losses on loans/leases	3,263	2,158	1,948	2,158	3,263	1,948
Impaired loans/leases					766	649
Nonimpaired loans/leases					244,266	239,255
Loans and leases					$ 245,032	$ 239,904
Allowance as a percentage of impaired loans/leases					2.74%	2.31%
Allowance as a percentage of nonimpaired loans/leases					1.33%	0.81%
Total allowance as a percentage of total loans/leases					1.33%	0.81%
Residential Portfolio Segment [Member] \| Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		241		309
Consumer Portfolio Segment [Member]
Balance	1,307	1,452	1,138	1,359
Provisions charged to expense	45		275
Reclassification of allowance for loans and leases relating to assets held for sale.		(288)		(288)
Loans/leases charged off	(20)	(4)	(119)	(99)
Recoveries on loans/leases previously charged off	5	9	43	36
Balance	1,337	1,214	1,337	1,214
Allowance for impaired loans/leases					$ 75	$ 80
Allowance for nonimpaired loans/leases					1,262	1,058
Less allowance for estimated losses on loans/leases	$ 1,337	1,214	$ 1,138	1,359	1,337	1,138
Impaired loans/leases					221	556
Nonimpaired loans/leases					102,250	108,796
Loans and leases					$ 102,471	$ 109,352
Allowance as a percentage of impaired loans/leases					33.94%	14.41%
Allowance as a percentage of nonimpaired loans/leases					1.23%	0.97%
Total allowance as a percentage of total loans/leases					1.30%	1.04%
Consumer Portfolio Segment [Member] \| Provision For Loan Lease And Other Losses Excluding Provision Related To Loans Assets Held For Sale
Provisions charged to expense		$ 45		$ 206

NOTE 3 - LOANS_LEASES RECEIVA_9

NOTE 3 - LOANS/LEASES RECEIVABLE - Impaired Loans Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Dec. 31, 2019
Recorded investment with no specific allowance recorded	$ 5,224		$ 5,224	$ 4,912
Unpaid principal balance with no specific allowance recorded	5,575		5,575	5,115
Average recorded investment with no specific allowance recorded	4,396	$ 4,656	3,225
Interest income recognized with no specific allowance recorded	24	19	73
Interest income recognized for cash payments received with no specific allowance recorded	24	19	73
Recorded investment with specific allowance recorded	13,380		13,380	3,749
Unpaid principal balance with specific allowance recorded	13,380		13,380	3,749
Average recorded investment with specific allowance recorded	10,094	4,112	7,517	660
Recorded investment	18,604		18,604	8,661
Unpaid principal balance	18,955		18,955	8,864
Related allowance	3,306		3,306	660
Average recorded investment	14,490	8,768	10,742
Interest income recognized	24	19	73
Interest income recognized for cash payments received	24	19	73
Owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	287		287	34
Unpaid principal balance with no specific allowance recorded	528		528	50
Average recorded investment with no specific allowance recorded	292	42	146
Average recorded investment with specific allowance recorded		123
Recorded investment	287		287	34
Unpaid principal balance	528		528	50
Average recorded investment	292	165	146
Other Non-owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	1,336		1,336	684
Unpaid principal balance with no specific allowance recorded	1,336		1,336	686
Average recorded investment with no specific allowance recorded	668	739	334
Interest income recognized with no specific allowance recorded	7	7	22
Interest income recognized for cash payments received with no specific allowance recorded	7	7	22
Recorded investment with specific allowance recorded	13,046		13,046	2,867
Unpaid principal balance with specific allowance recorded	13,046		13,046	2,867
Average recorded investment with specific allowance recorded	9,757	3,254	7,228	125
Recorded investment	14,382		14,382	3,551
Unpaid principal balance	14,382		14,382	3,553
Related allowance	3,210		3,210	125
Average recorded investment	10,425	3,993	7,562
Interest income recognized	7	7	22
Interest income recognized for cash payments received	7	7	22
Commercial Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	2,004		2,004	1,607
Unpaid principal balance with no specific allowance recorded	2,114		2,114	1,647
Average recorded investment with no specific allowance recorded	1,825	1,433	1,418
Interest income recognized with no specific allowance recorded	11	6	35
Interest income recognized for cash payments received with no specific allowance recorded	11	6	35
Recorded investment with specific allowance recorded				239
Unpaid principal balance with specific allowance recorded				239
Average recorded investment with specific allowance recorded		141		170
Recorded investment	2,004		2,004	1,846
Unpaid principal balance	2,114		2,114	1,886
Related allowance				170
Average recorded investment	1,825	1,574	1,418
Interest income recognized	11	6	35
Interest income recognized for cash payments received	11	6	35
Finance Leases Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	944		944	1,642
Unpaid principal balance with no specific allowance recorded	944		944	1,642
Average recorded investment with no specific allowance recorded	953	1,359	792
Interest income recognized with no specific allowance recorded	6	6	16
Interest income recognized for cash payments received with no specific allowance recorded	6	6	16
Recorded investment with specific allowance recorded				383
Unpaid principal balance with specific allowance recorded				383
Average recorded investment with specific allowance recorded		120		270
Recorded investment	944		944	2,025
Unpaid principal balance	944		944	2,025
Related allowance				270
Average recorded investment	953	1,479	792
Interest income recognized	6	6	16
Interest income recognized for cash payments received	6	6	16
Residential Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	507		507	469
Unpaid principal balance with no specific allowance recorded	507		507	614
Average recorded investment with no specific allowance recorded	512	540	416
Recorded investment with specific allowance recorded	259		259	180
Unpaid principal balance with specific allowance recorded	259		259	180
Average recorded investment with specific allowance recorded	260	390	220	15
Recorded investment	766		766	649
Unpaid principal balance	766		766	794
Related allowance	21		21	15
Average recorded investment	772	930	636
Consumer Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	146		146	476
Unpaid principal balance with no specific allowance recorded	146		146	476
Average recorded investment with no specific allowance recorded	146	543	119
Recorded investment with specific allowance recorded	75		75	80
Unpaid principal balance with specific allowance recorded	75		75	80
Average recorded investment with specific allowance recorded	77	84	69	80
Recorded investment	221		221	556
Unpaid principal balance	221		221	556
Related allowance	75		75	$ 80
Average recorded investment	$ 223	$ 627	$ 188

NOTE 3 - LOANS_LEASES RECEIV_10

NOTE 3 - LOANS/LEASES RECEIVABLE - Loans by Internally Assigned Risk Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans and leases	$ 4,243,278	$ 3,681,346
Commercial Portfolio Segment [Member]
Loans and leases	1,823,049	1,507,825
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	1,660,962	1,365,847
Commercial Portfolio Segment [Member] \| Pass [Member]
Loans and leases	1,610,503	1,334,446
Commercial Portfolio Segment [Member] \| Special Mention [Member]
Loans and leases	25,547	12,962
Commercial Portfolio Segment [Member] \| Substandard [Member]
Loans and leases	24,912	18,439
Commercial Real Estate Portfolio Segment [Member]
Loans and leases	1,999,715	1,736,396
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	486,254	443,989
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases	503,086	378,797
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	1,010,375	913,610
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	486,254	443,989
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Construction Loans [Member]
Loans and leases	503,086	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	1,010,375	913,610
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	478,852	439,418
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Construction Loans [Member]
Loans and leases	491,928	378,572
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	929,398	896,206
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	2,211	3,044
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Construction Loans [Member]
Loans and leases	680	41
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	51,149	3,905
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	5,191	1,527
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Construction Loans [Member]
Loans and leases	10,478	184
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	29,828	13,499
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	$ 3,660,677	$ 3,102,243
As a % of Total	100.00%	100.00%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Pass [Member]
Loans and leases	$ 3,510,681	$ 3,048,642
As a % of Total	95.91%	98.27%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Special Mention [Member]
Loans and leases	$ 79,587	$ 19,952
As a % of Total	2.17%	0.65%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Substandard [Member]
Loans and leases	$ 70,409	$ 33,649
As a % of Total	1.92%	1.08%

NOTE 3 - LOANS_LEASES RECEIV_11

NOTE 3 - LOANS/LEASES RECEIVABLE - Leases By Delinquency Status (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans and leases	$ 4,243,278	$ 3,681,346
Nonperforming Financial Instruments [Member]
Loans and leases	18,744	8,914
Commercial Portfolio Segment [Member]
Loans and leases	1,823,049	1,507,825
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	1,660,962	1,365,847
Commercial Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	162,087	141,978
Commercial Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	162,043	140,992
Commercial Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	44	986
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	5,809	1,882
Finance Leases Portfolio Segment [Member]
Loans and leases	73,011	87,869
Finance Leases Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	73,011	87,869
Finance Leases Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	72,129	86,019
Finance Leases Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	882	1,850
Finance Leases Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	882	1,850
Residential Portfolio Segment [Member]
Loans and leases	245,032	239,904
Residential Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	245,032	239,904
Residential Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	244,157	239,198
Residential Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	875	706
Residential Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	874	706
Consumer Portfolio Segment [Member]
Loans and leases	102,471	109,352
Consumer Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases	102,471	109,352
Consumer Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases	102,224	108,763
Consumer Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	247	589
Consumer Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	247	589
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases	$ 3,660,677	$ 3,102,243
As a % of Total	100.00%	100.00%
Lease Residential and Consumer Portfolio Segments [Member] \| Delinquency Status [Member]
Loans and leases	$ 582,601	$ 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	$ 580,553	$ 574,972
As a % of Total	99.65%	99.29%
Lease Residential and Consumer Portfolio Segments [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases	$ 2,048	$ 4,131
As a % of Total	0.35%	0.71%

NOTE 3 - LOANS_LEASES RECEIV_12

NOTE 3 - LOANS/LEASES RECEIVABLE - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)loan
Number of Loans / Leases \| loan	3		4	8	9
Pre-Modification Recorded Investment	$ 197		$ 172	$ 453	$ 881
Post-Modification Recorded Investment	$ 197	$ 55	172	$ 453	831
Specific Allowance			$ 56		$ 76
Payment Deferral [Member]
Number of Loans / Leases \| loan	3		3	8	7
Pre-Modification Recorded Investment	$ 197		$ 116	$ 453	$ 238
Post-Modification Recorded Investment	$ 197		$ 116	$ 453	238
Specific Allowance					$ 20
Extended Maturity [Member]
Number of Loans / Leases \| loan			1		1
Pre-Modification Recorded Investment			$ 56		$ 56
Post-Modification Recorded Investment			56		56
Specific Allowance			$ 56		$ 56
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			3	3	6
Pre-Modification Recorded Investment			$ 116	$ 145	$ 219
Post-Modification Recorded Investment			$ 116	$ 145	219
Specific Allowance					$ 20
Commercial Portfolio Segment [Member]
Post-Modification Recorded Investment		$ 48
Commercial Portfolio Segment [Member] \| Payment Deferral [Member]
Number of Loans / Leases \| loan	3			5	1
Pre-Modification Recorded Investment	$ 197			$ 308	$ 19
Post-Modification Recorded Investment	$ 197			$ 308	$ 19
Commercial Portfolio Segment [Member] \| Principal Forgiveness [Member]
Number of Loans / Leases \| loan					1
Pre-Modification Recorded Investment					$ 587
Post-Modification Recorded Investment					$ 537
Installment And Other Consumer [Member] \| Extended Maturity [Member]
Number of Loans / Leases \| loan			1		1
Pre-Modification Recorded Investment			$ 56		$ 56
Post-Modification Recorded Investment			56		56
Specific Allowance			$ 56		$ 56

NOTE 4 - DERIVATIVES AND HEDG_3

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	1 Months Ended
	Dec. 31, 2019	Sep. 30, 2020
Deposits	$ 3,911,051	$ 4,672,268
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	9 Months Ended
	Sep. 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	1.34%
Pay Rate	5.24%
CRBT - FHLB Advances or Brokered CDs [Member]
Receive Rate	0.23%
Pay Rate	1.12%
SFCB - FHLB Advances or Brokered CDs [Member]
Receive Rate	0.24%
Pay Rate	0.95%
QCR Holdings Statutory Trust II
Receive Rate	3.07%
Pay Rate	5.85%
QCR Holdings Statutory Trust III
Receive Rate	3.07%
Pay Rate	5.85%
QCR Holdings Statutory Trust V
Receive Rate	1.83%
Pay Rate	4.54%
Community National Statutory Trust II
Receive Rate	2.40%
Pay Rate	5.17%
Community National Statutory Trust III
Receive Rate	2.00%
Pay Rate	4.75%
Guaranty Bankshares Statutory Trust I
Receive Rate	2.00%
Pay Rate	4.75%
Other Assets \| Derivative Instrument One Maturing 2023 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	6	$ 112
Other Assets \| Derivative Instrument Two Maturing 2023 [Member]
Notional Amount	50,000
Fair Value - Asset	11	218
Other Assets \| Derivative Instrument Three Maturing 2023 [Member]
Notional Amount	25,000
Fair Value - Asset	5	96
Other Assets \| Derivative Instrument Four Maturing 2023 [Member]
Notional Amount	25,000
Fair Value - Asset	6	109
Other Assets \| Derivative Instrument One Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	17	214
Other Assets \| Derivative Instrument Two Maturing 2024 [Member]
Notional Amount	50,000
Fair Value - Asset	35	401
Other Assets \| Derivative Instrument Three Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	17	202
Other Assets \| Derivative Instrument Four Maturing 2024 [Member]
Notional Amount	25,000
Fair Value - Asset	17	201
Other Assets \| Derivative Instrument One Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	37	337
Other Assets \| Derivative Instrument Two Maturing 2025 [Member]
Notional Amount	50,000
Fair Value - Asset	75	617
Other Assets \| Derivative Instrument Three Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	40	332
Other Assets \| Derivative Instrument Four Maturing 2025 [Member]
Notional Amount	25,000
Fair Value - Asset	38	309
Other Assets \| Interest rate swap
Notional Amount	375,000
Fair Value - Asset	304	3,148
Derivative Liabilities \| Interest rate swap
Notional Amount	79,000
Fair Value - Liability	(8,433)	(3,758)
Derivative Liabilities \| CRBT - FHLB Advances or Brokered CDs [Member]
Notional Amount	30,000
Fair Value - Liability	(660)
Derivative Liabilities \| SFCB - FHLB Advances or Brokered CDs [Member]
Notional Amount	10,000
Fair Value - Liability	(181)
Derivative Liabilities \| QCR Holdings Statutory Trust II
Notional Amount	10,000
Fair Value - Liability	(1,963)	(971)
Derivative Liabilities \| QCR Holdings Statutory Trust III
Notional Amount	8,000
Fair Value - Liability	(1,570)	(777)
Derivative Liabilities \| QCR Holdings Statutory Trust V
Notional Amount	10,000
Fair Value - Liability	(1,909)	(944)
Derivative Liabilities \| Community National Statutory Trust II
Notional Amount	3,000
Fair Value - Liability	(587)	(291)
Derivative Liabilities \| Community National Statutory Trust III
Notional Amount	3,500
Fair Value - Liability	(684)	(339)
Derivative Liabilities \| Guaranty Bankshares Statutory Trust I
Notional Amount	4,500
Fair Value - Liability	$ (879)	$ (436)

NOTE 4 - DERIVATIVES AND HEDG_5

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Significantly Impact of operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Derivative Assets	$ 236,381		$ 236,381		$ 87,827
Derivative Liabilities	244,510		244,510		88,437
Fee Income On Derivative Contracts	26,700	$ 9,800	53,400	$ 20,900
Not Designated as Hedging Instrument [Member] \| Interest rate swap
Derivative Asset, Notional Amount	1,435,379		1,435,379		787,221
Derivative Assets	236,077		236,077		84,679
Derivative Liability, Notional Amount	1,435,379		1,435,379		787,221
Derivative Liabilities	$ 236,077		$ 236,077		$ 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	Sep. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 241,384	$ 109,647
Cash
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	81,373	10,990
U.S. govt. sponsored agency securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	3,650	3,541
Municipal securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	50,730	68,089
Residential mortgage-backed and related securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 105,631	$ 27,027

NOTE 5 - SUBORDINATED NOTES (De

NOTE 5 - SUBORDINATED NOTES (Details) - USD ($) $ in Thousands	Sep. 14, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Subordinated Borrowing [Line Items]
Total Subordinated Debentures		$ 118,577		$ 68,394
Proceeds from subordinated notes	$ 50,000	50,000	$ 63,393
Redemption price percentage	100.00%
Debt issuance costs		(1,423)		(1,606)
Interest Rate Period One [Member]
Subordinated Borrowing [Line Items]
Fixed rate	5.125%
Subordinated debenture dated 9/14/20
Subordinated Borrowing [Line Items]
Total Subordinated Debentures		$ 50,000
Interest Rate		5.125%
Subordinated debenture dated 2/1/19 [Member]
Subordinated Borrowing [Line Items]
Total Subordinated Debentures		$ 65,000		$ 65,000
Interest Rate		5.375%		5.375%
Subordinated debenture dated 4/30/16 [Member]
Subordinated Borrowing [Line Items]
Total Subordinated Debentures		$ 2,000		$ 2,000
Interest Rate		4.00%		4.00%
Subordinated debenture dated 9/15/16 [Member]
Subordinated Borrowing [Line Items]
Total Subordinated Debentures		$ 3,000		$ 3,000
Interest Rate		4.00%		4.00%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Interest Rate Period Two [Member]
Subordinated Borrowing [Line Items]
Debt Instrument, Description of Variable Rate Basis	SOFR
Basis points	5.00%

NOTE 6 - EARNINGS PER SHARE - B

NOTE 6 - EARNINGS PER SHARE - Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
EARNINGS PER SHARE
Net income	$ 17,344	$ 13,739	$ 11,228	$ 15,095	$ 13,504	$ 12,918	$ 42,311	$ 41,517
Basic EPS	$ 1.10			$ 0.96			$ 2.68	$ 2.64
Diluted EPS	$ 1.09			$ 0.94			$ 2.65	$ 2.60
Weighted average common shares outstanding (in shares)	15,767,152			15,739,430			15,770,335	15,715,788
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan (in shares)	156,426			237,312			175,497	230,232
Weighted average common and common equivalent shares outstanding (in shares)	15,923,578			15,976,742			15,945,832	15,946,020

NOTE 7 - FAIR VALUE (Details)

NOTE 7 - FAIR VALUE (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities available for sale, at fair value	$ 347,196	$ 210,695
Derivatives	236,381	87,827
Assets Fair Value	11,361	7,853
Derivatives	244,510	88,437
Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	11,361	7,853
Fair Value, Measurements, Recurring [Member]
Derivatives	236,381	87,827
Assets Fair Value	583,577	298,522
Liabilities Fair Value	244,510	88,437
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Derivatives	244,510	88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives	236,381	87,827
Assets Fair Value	583,577	298,522
Liabilities Fair Value	244,510	88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Derivatives	244,510	88,437
U.S. govt. sponsored agency securities
Securities available for sale, at fair value	18,437	20,078
U.S. govt. sponsored agency securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	18,437	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	18,437	20,078
Residential mortgage-backed and related securities
Securities available for sale, at fair value	134,147	120,587
Residential mortgage-backed and related securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	134,147	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	134,147	120,587
Asset-backed securities
Securities available for sale, at fair value	40,665	16,887
Asset-backed securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	40,665	16,887
Asset-backed securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	40,665	16,887
Municipal securities
Securities available for sale, at fair value	135,233	48,257
Municipal securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	135,233	48,257
Municipal securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	135,233	48,257
Other Securities
Securities available for sale, at fair value	18,714	4,886
Other Securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	18,714	4,886
Other Securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	18,714	4,886
Impaired Loans Leases [Member]
Assets Fair Value	11,226	3,394
Impaired Loans Leases [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	11,226	3,394
Other Real Estate Owned [Member]
Assets Fair Value	135	4,459
Other Real Estate Owned [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	$ 135	$ 4,459

NOTE 7 - FAIR VALUE - Quantitat

NOTE 7 - FAIR VALUE - Quantitative Information About Level Fair Value Measurements (Details) $ in Thousands	Sep. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Fair value	$ 11,361	$ 7,853
Impaired Loans Leases [Member]
Fair value	$ 11,226	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	$ 135	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	$ 11,361	7,853
Fair Value, Inputs, Level 3 [Member] \| Impaired Loans Leases [Member]
Fair value	11,226	3,394
Fair Value, Inputs, Level 3 [Member] \| Other Real Estate Owned [Member]
Fair value	$ 135	$ 4,459

NOTE 7 - FAIR VALUE - Carrying

NOTE 7 - FAIR VALUE - Carrying Values and Estimated Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 14, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Interest-bearing deposits at financial institutions		$ 302,138		$ 147,891
Securities held to maturity, fair value		460,199		426,545
Securities available for sale, at fair value		347,196		210,695
Derivatives		236,381		87,827
Subordinated notes	$ 50,000	50,000	$ 63,393
Interest rate swaps - liabilities		244,510		88,437
Fair Value, Inputs, Level 1 [Member] \| Reported Value Measurement [Member]
Cash and due from banks		68,932		76,254
Fair Value, Inputs, Level 1 [Member] \| Estimate of Fair Value Measurement [Member]
Cash and due from banks		68,932		76,254
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member]
Federal funds sold		530		9,800
Securities held to maturity, fair value		434,892		400,646
Securities available for sale, at fair value		347,196		210,695
Loans/leases receivable, net		4,158,001		3,651,061
Short-term borrowings		30,430		13,423
FHLB advances		40,000		159,300
Subordinated notes		118,577		68,394
Junior subordinated debentures		37,955		37,838
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits		4,116,250		3,184,726
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Time Deposits [Member]
Deposits		556,018		726,325
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate cap
Derivatives		236,381		87,827
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate swap
Interest rate swaps - liabilities		244,510		88,437
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions		302,138		147,891
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member]
Federal funds sold		530		9,800
Securities held to maturity, fair value		460,199		426,545
Securities available for sale, at fair value		347,196		210,695
Loans/leases receivable, net		4,142,232		3,606,520
Short-term borrowings		30,430		13,423
FHLB advances		40,182		159,193
Subordinated notes		118,724		68,563
Junior subordinated debentures		30,487		30,477
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits		4,116,250		3,184,726
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Time Deposits [Member]
Deposits		562,068		742,444
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate cap
Derivatives		236,381		87,827
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate swap
Interest rate swaps - liabilities		244,510		88,437
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions		302,138		147,891
Fair Value, Inputs, Level 3 [Member] \| Reported Value Measurement [Member]
Loans/leases receivable, net		10,394		3,143
Fair Value, Inputs, Level 3 [Member] \| Estimate of Fair Value Measurement [Member]
Loans/leases receivable, net		11,226		3,394
Fair Value, Measurements, Recurring [Member]
Derivatives		236,381		87,827
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Interest rate swaps - liabilities		244,510		88,437
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives		236,381		87,827
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Interest rate swaps - liabilities		$ 244,510		$ 88,437

NOTE 8 - BUSINESS SEGMENT INF_3

NOTE 8 - BUSINESS SEGMENT INFORMATION - (Details) $ in Thousands	Sep. 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 8 - BUSINESS SEGMENT INF_4

NOTE 8 - BUSINESS SEGMENT INFORMATION - Selected Financial Information on the Company's Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Total revenue	$ 88,849			$ 76,723			$ 230,303	$ 212,063
Net interest income	44,581			40,719			123,243	115,640
Provision for loan/lease losses	20,342			2,012			48,624	6,087
Net income (loss)	17,344	$ 13,739	$ 11,228	15,095	$ 13,504	$ 12,918	42,311	41,517
Goodwill	74,066			77,748			74,066	77,748	$ 74,748
Intangibles	11,902			15,529			11,902	15,529	14,970
Total assets	5,864,560			5,292,382			5,864,560	5,292,382	$ 4,909,050
Intersegment Eliminations [Member]
Total revenue	(21,839)			(22,036)			(55,342)	(54,563)
Net interest income	280						758
Net income (loss)	(21,483)			(19,280)			(54,157)	(50,897)
Total assets	(850,766)			(619,830)			(850,766)	(619,830)
Commercial Banking \| QCBT \| Operating Segments [Member]
Total revenue	20,856			21,230			60,083	60,148
Net interest income	16,648			13,357			46,728	38,129
Provision for loan/lease losses	7,861			948			18,583	2,941
Net income (loss)	2,455			4,870			10,664	13,560
Goodwill	3,223			3,223			3,223	3,223
Total assets	2,205,934			1,642,950			2,205,934	1,642,950
Commercial Banking \| CRBT \| Operating Segments [Member]
Total revenue	43,331			25,707			99,938	68,526
Net interest income	14,432			11,478			38,638	32,671
Provision for loan/lease losses	8,878			150			18,288	875
Net income (loss)	13,221			7,900			30,178	19,928
Goodwill	14,980			14,980			14,980	14,980
Intangibles	2,313			2,810			2,313	2,810
Total assets	2,012,182			1,592,896			2,012,182	1,592,896
Commercial Banking \| CSB \| Operating Segments [Member]
Total revenue	11,033			11,596			30,836	30,596
Net interest income	8,593			8,894			23,631	23,154
Provision for loan/lease losses	2,493			150			7,268	451
Net income (loss)	1,867			3,482			3,496	7,845
Goodwill	9,888			9,888			9,888	9,888
Intangibles	3,474			4,154			3,474	4,154
Total assets	937,016			801,596			937,016	801,596
Commercial Banking \| SFCB \| Operating Segments [Member]
Total revenue	10,266			8,351			28,490	23,396
Net interest income	6,159			5,056			18,002	15,707
Provision for loan/lease losses	1,110			276			4,485	1,261
Net income (loss)	2,869			2,116			6,974	5,848
Goodwill	45,975			45,975			45,975	45,975
Intangibles	6,115			7,034			6,115	7,034
Total assets	803,478			693,898			803,478	693,898
Wealth Management Segment [Member] \| Operating Segments [Member]
Total revenue	3,545			4,122			11,211	12,599
Net income (loss)	1,053			926			2,860	2,667
Other Segments \| Operating Segments [Member]
Total revenue	21,657			27,753			55,087	71,361
Net interest income	(1,531)			1,934			(4,514)	5,979
Provision for loan/lease losses				488				559
Net income (loss)	17,362			15,081			42,296	42,566
Goodwill				3,682				3,682
Intangibles				1,531				1,531
Total assets	$ 756,716			$ 1,180,872			$ 756,716	$ 1,180,872

NOTE 9 - REGULATORY CAPITAL R_3

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS - Capital Requirements (Details) $ in Thousands	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Total risk-based capital, actual, amount	$ 700,831	$ 581,234
Total risk-based capital, actual, ratio	0.1493	0.1333
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 375,643	$ 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	$ 493,031	$ 457,980
Total risk-based capital for capital adequacy purposes, ratio	0.1050	0.10500
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 469,553	$ 436,171
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.1000	10
Tier 1 risk-based capital, actual, amount	$ 528,228	$ 481,702
Tier 1 risk-based capital, actual, ratio	0.1125	0.1104
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 281,732	$ 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	$ 399,120	$ 370,746
Tier 1 risk-based capital for capital adequacy purposes, ratio	0.0850	0.08500
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 375,643	$ 348,937
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.0800	8
Tier 1 leverage, actual, amount	$ 528,228	$ 481,702
Tier 1 leverage, actual, ratio	0.0921	0.0953
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 229,457	$ 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	$ 229,457	$ 202,207
Tier 1 leverage for capital adequacy purposes, ratio	0.0400	0.04000
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 286,822	$ 252,758
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	0.0500	5
Common equity Tier 1, actual, amount	$ 490,273	$ 443,864
Common equity Tier 1, actual ratio	0.1044	0.1018
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 211,299	$ 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	$ 328,687	$ 305,320
Common equity Tier 1 for capital adequacy purposes, ratio	0.07%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 305,210	$ 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	$ 204,284	$ 183,855
Total risk-based capital, actual, ratio	0.1213	0.1183
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 134,760	$ 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	$ 176,872	$ 163,225
Total risk-based capital for capital adequacy purposes, ratio	0.1050	0.10500
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 168,450	$ 155,452
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.1000	10
Tier 1 risk-based capital, actual, amount	$ 183,131	$ 170,137
Tier 1 risk-based capital, actual, ratio	0.1087	0.1094
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 101,070	$ 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	$ 143,182	$ 132,134
Tier 1 risk-based capital for capital adequacy purposes, ratio	0.0850	0.08500
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 134,760	$ 124,362
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.0800	8
Tier 1 leverage, actual, amount	$ 183,131	$ 170,137
Tier 1 leverage, actual, ratio	0.0785	0.0994
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 93,313	$ 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	$ 93,313	$ 68,479
Tier 1 leverage for capital adequacy purposes, ratio	0.0400	0.04000
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 116,642	$ 85,598
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	0.0500	5
Common equity Tier 1, actual, amount	$ 183,131	$ 170,137
Common equity Tier 1, actual ratio	0.1087	0.1094
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 75,802	$ 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	$ 117,915	$ 108,817
Common equity Tier 1 for capital adequacy purposes, ratio	0.07%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 109,492	$ 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	$ 214,219	$ 175,498
Total risk-based capital, actual, ratio	0.1292	0.1190
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 132,656	$ 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	$ 174,112	$ 154,813
Total risk-based capital for capital adequacy purposes, ratio	0.1050	0.10500
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 165,821	$ 147,441
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.1000	10
Tier 1 risk-based capital, actual, amount	$ 193,384	$ 162,127
Tier 1 risk-based capital, actual, ratio	0.1166	0.1100
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 99,492	$ 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	$ 140,948	$ 125,325
Tier 1 risk-based capital for capital adequacy purposes, ratio	0.0850	0.08500
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 132,656	$ 117,953
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.0800	8
Tier 1 leverage, actual, amount	$ 193,384	$ 162,127
Tier 1 leverage, actual, ratio	0.0972	0.1041
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 79,559	$ 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	$ 79,559	$ 62,286
Tier 1 leverage for capital adequacy purposes, ratio	0.0400	0.04000
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 99,449	$ 77,857
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	0.0500	5
Common equity Tier 1, actual, amount	$ 193,384	$ 162,127
Common equity Tier 1, actual ratio	0.1166	0.1100
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 74,619	$ 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	$ 116,074	$ 103,209
Common equity Tier 1 for capital adequacy purposes, ratio	0.07%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 107,783	$ 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	$ 99,123	$ 92,095
Total risk-based capital, actual, ratio	0.1274	0.1232
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 62,222	$ 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	$ 81,666	$ 78,504
Total risk-based capital for capital adequacy purposes, ratio	0.1050	0.10500
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 77,777	$ 74,766
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.1000	10
Tier 1 risk-based capital, actual, amount	$ 89,359	$ 85,437
Tier 1 risk-based capital, actual, ratio	0.1149	0.1143
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 46,666	$ 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	$ 66,110	$ 63,551
Tier 1 risk-based capital for capital adequacy purposes, ratio	0.0850	0.08500
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 62,222	$ 59,813
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.0800	8
Tier 1 leverage, actual, amount	$ 89,359	$ 85,437
Tier 1 leverage, actual, ratio	0.0985	0.1039
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 36,273	$ 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	$ 36,273	$ 32,902
Tier 1 leverage for capital adequacy purposes, ratio	0.0400	0.04000
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 45,341	$ 41,128
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	0.0500	5
Common equity Tier 1, actual, amount	$ 89,359	$ 85,437
Common equity Tier 1, actual ratio	0.1149	0.1143
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 35,000	$ 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	$ 54,444	$ 52,336
Common equity Tier 1 for capital adequacy purposes, ratio	0.07%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 50,555	$ 48,598
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
SFCB
Total risk-based capital, actual, amount	$ 83,283	$ 71,074
Total risk-based capital, actual, ratio	0.1368	0.1272
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 48,718	$ 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	$ 63,943	$ 58,674
Total risk-based capital for capital adequacy purposes, ratio	0.1050	0.10500
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 60,898	$ 55,880
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.1000	10
Tier 1 risk-based capital, actual, amount	$ 71,617	$ 63,956
Tier 1 risk-based capital, actual, ratio	0.1176	0.1145
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 36,539	$ 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	$ 51,763	$ 47,498
Tier 1 risk-based capital for capital adequacy purposes, ratio	0.0850	0.08500
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 48,718	$ 44,704
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	0.0800	8
Tier 1 leverage, actual, amount	$ 71,617	$ 63,956
Tier 1 leverage, actual, ratio	0.1027	0.0970
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 27,903	$ 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	$ 27,903	$ 26,379
Tier 1 leverage for capital adequacy purposes, ratio	0.0400	0.04000
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 34,879	$ 32,974
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	0.0500	5
Common equity Tier 1, actual, amount	$ 71,617	$ 63,956
Common equity Tier 1, actual ratio	0.1176	0.1145
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 27,404	$ 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	$ 42,629	$ 39,116
Common equity Tier 1 for capital adequacy purposes, ratio	0.07%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 39,584	$ 36,322
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%

NOTE 10 - SALE OF SUBSIDIARY (D

NOTE 10 - SALE OF SUBSIDIARY (Details) - USD ($) $ in Thousands	Aug. 12, 2020	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Disposition costs		$ 192	$ 626
Consideration received		1,328	1,328
ASSETS
Total assets sold				$ 11,966
LIABILITIES
Total liabilities sold				$ 5,003
Loss on sale of subsidiary		(305)	(305)
Bates Companies [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Disposition costs	$ 192
Consideration received	500	448	448
Consideration received, imputed interest	52
ASSETS
Cash and due from banks	349	349	349
Premises and equipment, net	19	19	19
Other assets	2,211	2,211	2,211
Total assets sold	2,579	2,579	2,579
LIABILITIES
Other liabilities	946	946	946
Total liabilities sold	946	946	946
Net assets sold	1,633
Forgiveness of earn-out consideration	880		880
Note receivable consideration	448
Loss on sale of subsidiary	$ 305		(305)
Earnout Agreement Cancellation [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Business Acquisition [Line Items]
Consideration received		$ 880	$ 880