QCR (QCRH) 10-Q7 May 212021 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2021	May 01, 2021
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2021
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)		15,846,918
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000906465
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 78,814	$ 61,329
Federal funds sold	1,350	9,080
Interest-bearing deposits at financial institutions	53,706	86,596
Securities held to maturity, at amortied cost, net of allowance for credit losses	452,952	476,165
Securities available for sale, at fair value	346,873	361,966
Total securities	799,825	838,131
Loans receivable held for sale	5,664	3,758
Loans/leases receivable held for investment	4,355,387	4,247,371
Gross loans/leases receivable	4,361,051	4,251,129
Less allowance for credit losses	(81,831)	(84,376)
Net loans/leases receivable	4,279,220	4,166,753
Bank-owned life insurance	61,057	60,586
Premises and equipment, net	73,162	72,693
Restricted investment securities	19,724	18,103
Other real estate owned, net	173	20
Goodwill	74,066	74,066
Intangibles	10,873	11,381
Derivatives	122,668	222,757
Other assets	70,509	61,302
Total assets	5,645,147	5,682,797
Liabilities and Stockholders' Equity
Noninterest-bearing	1,269,578	1,145,378
Interest-bearing	3,362,204	3,453,759
Total deposits	4,631,782	4,599,137
Short-term borrowings	6,840	5,430
Federal Home Loan Bank advances	25,000	15,000
Subordinated notes	118,731	118,691
Junior subordinated debentures	38,030	37,993
Derivatives	125,863	229,270
Other liabilities	90,182	83,483
Total liabilities	5,036,428	5,089,004
Stockholders' Equity:
Preferred stock, $1 par value; shares authorized 250,000 March 2021 and December 2020 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 March 2021 - 15,843,732 shares issued and outstanding December 2020 - 15,805,711 shares issued and outstanding	15,844	15,806
Additional paid-in capital	276,350	275,807
Retained earnings	316,900	300,804
Accumulated other comprehensive income (loss):
Securities available for sale	4,583	9,008
Derivatives	(4,958)	(7,632)
Total stockholders' equity	608,719	593,793
Total liabilities and stockholders' equity	$ 5,645,147	$ 5,682,797

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
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)	15,843,732	15,805,711
Common stock, outstanding (in shares)	15,843,732	15,805,711

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2021	Mar. 31, 2020
Interest and dividend income:
Loans/leases, including fees	$ 41,333	$ 43,159
Securities:
Taxable	2,042	1,727
Nontaxable	3,934	3,459
Interest-bearing deposits at financial institutions	37	361
Restricted investment securities	219	258
Federal funds sold		18
Total interest and dividend income	47,565	48,982
Interest expense:
Deposits	3,427	9,206
Short-term borrowings	1	64
Federal Home Loan Bank advances	9	449
Subordinated notes	1,594	994
Junior subordinated debentures	559	571
Total interest expense	5,590	11,284
Net interest income	41,975	37,698
Provision for credit losses	6,713	8,367
Net interest income after provision for loan/lease losses	35,262	29,331
Noninterest income:
Revenue	71,054	64,178
Gains on sales of residential real estate loans, net	1,337	652
Swap fee income	13,557	6,804
Earnings on bank-owned life insurance	471	329
Other	1,686	922
Total noninterest income	23,489	15,196
Noninterest expense:
Salaries and employee benefits	24,847	18,519
Occupancy and equipment expense	4,108	4,032
Professional and data processing fees	3,443	3,369
Post-acquisition compensation, transition and integration costs		151
Disposition costs	8	517
FDIC insurance, other insurance and regulatory fees	1,065	683
Loan/lease expense	300	228
Net cost of (income from) and gains/losses on operations of other real estate	39	13
Advertising and marketing	627	682
Bank service charges	523	504
Losses on liability extinguishment		147
Correspondent banking expense	200	216
Intangibles amortization	508	549
Goodwill impairment		500
Other	1,560	1,305
Total noninterest expense	37,228	31,415
Net income before income taxes	21,523	13,112
Federal and state income tax expense	3,541	1,884
Net income	$ 17,982	$ 11,228
Basic earnings per common share (in dollars per share)	$ 1.14	$ 0.71
Diluted earnings per common share (in dollars per share)	$ 1.12	$ 0.70
Weighted average common shares outstanding (in shares)	15,803,643	15,796,796
Weighted average common and common equivalent shares outstanding (in shares)	16,025,548	16,011,456
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06
Trust department fees
Noninterest income:
Revenue	$ 2,801	$ 2,312
Investment advisory and management fees
Noninterest income:
Revenue	940	1,727
Deposit service fees
Noninterest income:
Revenue	1,408	1,477
Debit card fees
Noninterest income:
Revenue	975	758
Correspondent banking fees
Noninterest income:
Revenue	$ 314	$ 215

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 17,982	$ 11,228
Other comprehensive income (loss):
Unrealized holding gains (losses) arising during the period before tax	(5,759)	2,481
Unrealized holding gains (losses) arising during the period before tax	3,153	(7,161)
Unrealized gains (losses) on derivatives	3,304	(7,051)
Other comprehensive loss, before tax	(2,455)	(4,570)
Tax benefit	(704)	(879)
Other comprehensive loss, net of tax	(1,751)	(3,691)
Comprehensive income	16,231	7,537
Caplet Amortization
Other comprehensive income (loss):
Less reclassification adjustment for caplet amortization before tax	$ (151)	$ (110)

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, 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)
Repurchase and cancellation of shares of common stock as a result of share repurchase program	(101)	(1,844)	(1,835)		(3,780)
Common cash dividends declared			(942)		(942)
Stock-based compensation expense		641			641
Issuance of common stock under employee benefit plans	47	285			332
Balance at Mar. 31, 2020	15,774	273,867	254,287	(4,789)	539,139
Impact of adoption of ASU 2016-01					300,804
Balance at Dec. 31, 2020	15,806	275,807	300,804	1,376	593,793
Net income			17,982		17,982
Other comprehensive income (loss), net of tax				(1,751)	(1,751)
Common cash dividends declared			(949)		(949)
Stock-based compensation expense		841			841
Issuance of common stock under employee benefit plans	(38)	298			260
Balance at Mar. 31, 2021	$ 15,844	$ 276,350	316,900	$ (375)	608,719
Impact of adoption of ASU 2016-01 \| Accounting Standards Update 2016-13			$ 937		937
Impact of adoption of ASU 2016-01					$ 316,900

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06
Repurchase and cancellation of common stock as a result of share repurchase program (in shares)		100,932
Common Stock [Member]
Cash dividends declared per common share (in dollars per share)	$ 0.06	$ 0.06

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 17,982	$ 11,228
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	1,331	1,338
Provision for credit losses	6,713	8,367
Stock-based compensation expense	841	641
Deferred compensation expense accrued	1,289	913
Losses (gains) on other real estate owned, net	(1)	4
Amortization of premiums on securities, net	597	159
Caplet amortization	151	110
Mark to market gains on unhedged derivatives, net	(164)
Loans originated for sale	(59,785)	(34,459)
Proceeds on sales of loans	59,216	34,790
Gains on sales of residential real estate loans	(1,337)	(652)
Loss on liability extinguishment, net		147
Gains on sales of premises and equipment	(21)	(8)
Amortization of intangibles	508	549
Accretion of acquisition fair value adjustments, net	(504)	(625)
Increase in cash value of bank-owned life insurance	(471)	(329)
Goodwill impairment		500
Decrease (increase) in other assets	(8,243)	5,917
Decrease in other liabilities	(6,959)	(21,998)
Net cash provided by operating activities	11,143	6,592
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in federal funds sold	7,730	5,105
Net decrease (increase) in interest-bearing deposits at financial institutions	32,890	(54,122)
Proceeds from sales of other real estate owned	1	827
Activity in securities portfolio:
Purchases	(53,567)	(83,987)
Calls, maturities and redemptions	48,988	3,872
Paydowns	19,308	9,182
Sales	19,540
Activity in restricted investment securities:
Purchases	(1,680)	(1,874)
Redemptions	59	3,917
Net increase in loans/leases originated and held for investment	(107,996)	(15,596)
Purchase of premises and equipment	(1,800)	(798)
Proceeds from sales of premises and equipment	21	8
Net cash (used in) investing activities	(36,506)	(133,466)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposit accounts	32,645	259,310
Net increase in short-term borrowings	1,410	29,644
Activity in Federal Home Loan Bank advances:
Term advances		45,000
Net change in short-term and overnight advances	10,000	(109,300)
Activity in other borrowings:
Payment of cash dividends on common stock	(947)	(947)
Proceeds (payment) from issuance of common stock, net	(260)	520
Repurchase and cancellation of shares		(3,780)
Net cash provided by financing activities	42,848	220,447
Net increase in cash and due from banks	17,485	93,573
Cash and due from banks, beginning	61,329	76,254
Cash and due from banks, ending	78,814	169,827
Supplemental disclosure of cash flow information, cash payments for:
Interest	7,674	11,534
Income/franchise taxes	35	(2,134)
Supplemental schedule of noncash investing activities:
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net	(1,751)	(3,691)
Change in retained earnings from adoption of ASU 2016-13	(316,900)
Transfers of loans to other real estate owned	153
Due to broker for purchases of securities	2,568
Net increase in cash and due from banks	(100,886)	110,545
Dividends payable	949	$ 942
Accounting Standards Update 2016-13
Supplemental schedule of noncash investing activities:
Change in retained earnings from adoption of ASU 2016-13	$ (937)

Note 1 - SUMMARY OF SIGNIFICANT

Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Mar. 31, 2020
Notes to Financial Statements
Summary of Significant Accounting Policies	Part I Item 1 QCR HOLDINGS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) March 31, 2021 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 March 31, 2021 are not necessarily indicative of the results expected for the year ending December 31, 2021, 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. ACL: Allowance for credit losses Allowance: Allowance for credit losses GAAP: Generally Accepted Accounting Principles HTM: Held to maturity AOCI: Accumulated other comprehensive income (loss) LIBOR: London Inter-Bank Offered Rate AFS: Available for sale LRP: Loan Relief Program ASC: Accounting Standards Codification m2: m2 Equipment Finance, LLC ASU: Accounting Standards Update MSELF: Main Street Expanded Loan Facility Bates Companies: Bates Financial Advisors, Inc., Bates MSNLF: Main Street New Loan Facility Financial Services, Inc., Bates Securities, Inc. and NIM: Net interest margin Bates Financial Group, Inc. NPA: Nonperforming asset BOLI: Bank-owned life insurance NPL: Nonperforming loan OBS: Off-balance sheet Caps: Interest rate cap derivatives OREO: Other real estate owned CARES Act: Coronavirus Aid, Relief and Economy OTTI: Other-than-temporary impairment Security Act PCAOB: Public Company Accounting Oversight Board CECL: Current Expected Credit Losses PCD: Purchased credit deteriorated loan Community National: Community National Bancorporation PCI: Purchased credit impaired COVID-19: Coronavirus Disease 2019 PPP: Paycheck Protection Program CRBT: Cedar Rapids Bank & Trust Company Provision: Provision for credit losses CRE: Commercial real estate QCBT: Quad City Bank & Trust Company CSB: Community State Bank RB&T: Rockford Bank & Trust Company C&I: Commercial and industrial ROAA: Return on Average Assets EPS: Earnings per share SBA: U.S. Small Business Administration Exchange Act: Securities Exchange Act of 1934, as SEC: Securities and Exchange Commission amended SFCB: Springfield First Community Bank FASB: Financial Accounting Standards Board Springfield Bancshares: Springfield Bancshares, Inc. FDIC: Federal Deposit Insurance Corporation TA: Tangible assets Federal Reserve: Board of Governors of the Federal TCE: Tangible common equity Reserve System TDRs: Troubled debt restructurings FHLB: Federal Home Loan Bank TEY: Tax equivalent yield FRB: Federal Reserve Bank of Chicago The Company: QCR Holdings, Inc. 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 Financial Instruments – Credit Losses (Topic 326) On March 27, 2020, the CARES Act, a stimulus package designed in response to the economic disruption created by COVID-19, was signed into law. The CARES Act includes provisions that, if elected, temporarily delay the required implementation date of ASU 2016-13. Section 4014 of the CARES Act stipulates that no insured depository institution, bank holding company, or affiliate will be required to comply with ASU 2016-13, beginning on the date of CARES Act’s enactment and continuing until the earlier of: (1) the date on which the national emergency related to the COVID-19 outbreak is terminated or (2) December 31, 2020. On December 27, 2020, former President Trump signed the Consolidated Appropriations Act, which extended this relief to the earlier of the first day of the Company’s fiscal year after the date the national emergency terminates or January 1, 2022. Based upon guidance from regulators, it was determined the Company could adopt ASU 2016-13 on January 1, 2021, and the Company did adopt on January 1, 2021. The Company has developed a CECL allowance model which calculates allowances over the life of a loan and is largely driven by portfolio characteristics, risk-grading, economic outlook, and other key methodology assumptions. Those assumptions are based upon the existing probability of default and loss given the default framework. The Company utilizes economic and other forecasts over a reasonable and supportable forecast period and then fully reverts back to average historical losses. Results for reporting periods beginning after December 31, 2020 are presented under ASU 2016-13 while prior period amounts continue to be reported in accordance with previously applicable GAAP, which includes a change in terminology from “Allowance for estimated losses on loans/leases” to “Allowance for credit losses.” The Company adopted the standard using a modified retrospective approach and recorded an after tax decrease to retained earnings of $937 thousand as of January 1, 2021 due to the adoption of ASU 2016-13. This transition adjustment included an $8.1 million decrease in the allowance related to loans and leases, an established ACL on held to maturity debt securities of $183 thousand and the established ACL on OBS credit exposures of $9.1 million. The company did not record an ACL on available for sale securities upon adoption of ASU 2016-13. The company elected to not measure an ACL on accrued interest as such accrued interest is written off in a timely manner when deemed uncollectible. Any such write-off of accrued interest will reverse previously recognized interest income. The Company elected not to include accrued interest within the presentation and disclosures of the carrying amount of financial assets held at amortized cost. This election is applicable to the various disclosures included within the financial statements and notes included on the following pages of this Form 10-Q. The Company elected not to utilize the regulatory transition relief issued by federal regulatory authorities in the first quarter of 2020, which allowed banking institutions to delay the impact of CECL on regulatory capital, because the impact on the capital ratios of the Company and its subsidiary banks was not significant. The following table illustrates the impact of ASU 2016-13 as of January 1, 2021: As Reported Pre- Impact of Under ASU 2016-13 ASU 2016-13 Assets: ASU 2016-13 Adoption Adoption Allowance for credit losses HTM securities $ 183 $ — $ 183 Loans: C&I — 35,421 (35,421) C&I - revolving 2,982 — 2,982 C&I - other 29,130 — 29,130 CRE — 42,161 (42,161) CRE - owner occupied 8,696 — 8,696 CRE - non owner occupied 11,428 — 11,428 Construction & Land Development 11,999 — 11,999 Multi-family 5,836 — 5,836 Direct financing leases — 1,764 (1,764) 1-4 family real estate 5,042 — 5,042 Residential real estate — 3,732 (3,732) Consumer 1,161 1,298 (137) Allowance for credit losses on loans 76,274 84,376 (8,102) Liabilities: Allowance for credit losses on OBS credit exposures 9,117 — 9,117 Loan segmentation under ASU 2016-13 follows different methodology where that segmentation is collateral driven, causing certain segments to contain commercial and non-commercial borrowers, wheras pre ASU 2016-13 segments were borrower driven. Further discussion contained in this quarterly report regarding the loan and lease portfolio as well as ACL on HTM securities and OBS exposures is only relevant for the year 2021 and forward. Discission in Note 1 of the Company's Annual Report on Form 10-K for the year ended December 31, 2020 is still applicable for years prior to 2021. Loans receivable, held for sale Loans receivable, held for investment The ACL is measured on a collective (pool) basis when similar risk characteristics exist. The Company discloses the ACL (also known as the allowance) by portfolio segment, and credit quality information, nonaccrual status, and past due status by class of financing receivable. A portfolio segment is the level at which the Company develops and documents a systematic methodology to determine its ACL. A class of financing receivable is a further disaggregation of a portfolio segment based on risk characteristics and the Company’s method for monitoring and assessing credit risk. See the following information and Note 3. The Company’s portfolio segments and class of loans receivable are as follows: ● C&I – revolving ● C&I – other ● CRE – owner occupied ● CRE – non-owner occupied ● Construction and land development ● Multi-family ● 1-4 family real estate ● Consumer The Company’s classes of loans receivable are as follows: ● C&I – revolving ● C&I – other ● CRE – owner occupied ● CRE – non-owner occupied ● Construction and land development ● Multi-family ● Direct financing leases ● 1-4 family real estate ● Consumer Direct financing leases are considered a class of financing receivable within the overall loan/lease portfolio and are included in the C&I other loan segments for ACL. The accounting policies for direct financing leases are disclosed below. Generally, for all classes of loans receivable, loans are considered past due when contractual payments are delinquent for 31 days or greater. For all classes of loans receivable, loans will generally be placed on nonaccrual status when the loan has become 90 days past due (unless the loan is well secured and in the process of collection); or if any of the following conditions exist: ● It becomes evident that the borrower will not make payments, or will not or cannot meet the terms for renewal of a matured loan; ● When full repayment of principal and interest is not expected; ● When the loan is graded “doubtful”; ● When the borrower files bankruptcy and an approved plan of reorganization or liquidation is not anticipated in the near future; or ● When foreclosure action is initiated. When a loan is placed on nonaccrual status, income recognition is ceased. Previously recorded but uncollected amounts of interest on nonaccrual loans are reversed at the time the loan is placed on nonaccrual status. Generally, cash collected on nonaccrual loans is applied to principal. Should full collection of principal be expected, cash collected on nonaccrual loans can be recognized as interest income. For all classes of loans receivable, nonaccrual loans may be restored to accrual status provided the following criteria are met: ● The loan is current, and all principal and interest amounts contractually due have been made; ● All principal and interest amounts contractually due, including past due payments, are reasonably assured of repayment within a reasonable period; and ● There is a period of minimum repayment performance, as follows, by the borrower in accordance with contractual terms: o Six months of repayment performance for contractual monthly payments, or o One year of repayment performance for contractual quarterly or semi-annual payments. Direct finance leases receivable, held for investment recorded as lease receivables when the lease is signed and the lease property delivered to the customer. The excess of the minimum lease payments and residual values over the cost of the equipment is recorded as unearned lease income. Unearned lease income is recognized over the term of the lease on a basis that results in an approximate level rate of return on the unrecovered lease investment. Lease income is recognized on the interest method. Residual value is the estimated fair market value of the equipment on lease at the lease termination. In estimating the equipment’s fair value at lease termination, the Company relies on historical experience by equipment type and manufacturer and, where available, valuations by independent appraisers, adjusted for known trends. The Company’s estimates are reviewed continuously to ensure reasonableness; however, the amounts the Company will ultimately realize could differ from the estimated amounts. If the review results in a lower estimate than had been previously established, a determination is made as to whether the decline in estimated residual value is other-than temporary. If the decline in estimated unguaranteed residual value is judged to be other-than-temporary, the accounting for the transaction is revised using the changed estimate. The resulting reduction in the investment is recognized as a loss in the period in which the estimate is changed. An upward adjustment of the estimated residual value is not recorded. The policies for delinquency and nonaccrual for direct financing leases are materially consistent with those described above for all classes of loan receivables. TDRs The following criteria, related to granting a concession, together or separately, create a TDR: ● A modification of terms of a debt such as one or a combination of: o The reduction of the stated interest rate to a rate lower than the current market rate for new debt with similar risk. o The extension of the maturity date or dates at a stated interest rate lower than the current market rate for new debt with similar risk. o The reduction of the face amount or maturity amount of the debt as stated in the instrument or other agreement. o The reduction of accrued interest. ● A transfer from the borrower/lessee to the Company of receivables from third parties, real estate, other assets, or an equity position in the borrower to fully or partially satisfy a loan. ● The issuance or other granting of an equity position to the Company to fully or partially satisfy a debt unless the equity position is granted pursuant to existing terms for converting the debt into an equity position. Allowance Allowance for Credit Losses on Loans and Leases The ACL on loans is measured on a collective (pool) basis when similar risk characteristics exist. The Company has identified the eight portfolio segments at which the allowance will be measured. For all portfolio segments, the allowance is established as losses are estimated to have occurred through a provision that is charged to earnings. Credit losses on loans and leases, for all portfolio segments, are charged against the allowance when management believes the uncollectibility of a loan/lease balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The Company’s methodologies for estimating the allowance for credit losses consider available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies apply historical loss information -- adjusted for asset-specific characteristics, economic conditions at the measurement date, and forecasts about future economic conditions that are expected to exist through the contractual lives of the financial assets and that are reasonable and supportable -- to the identified pools of financial assets with similar risk characteristics for which the historical loss experience was observed. The Company will immediately and fully revert back to average historical losses when it can no longer develop reasonable and supportable forecasts. A discussion of the risk characteristics and the allowance by each loan portfolio segment follows: For C&I loans, both revolving lines of credit and other C&I, the Company focuses on small and mid-sized businesses with primary operations as wholesalers, manufacturers, building contractors, business services companies, other banks, and retailers. The Company provides a wide range of C&I loans, including lines of credit for working capital and operational purposes, and term loans for the acquisition of facilities, equipment and other purposes. Approval is generally based on the following factors: ● Ability and stability of current management of the borrower; ● Stable earnings with positive financial trends; ● Sufficient cash flow to support debt repayment; ● Earnings projections based on reasonable assumptions; ● Financial strength of the industry and business; and ● Value and marketability of collateral. Collateral for C&I loans generally includes accounts receivable, inventory, equipment and real estate. The Company’s lending policy specifies approved collateral types and corresponding maximum advance percentages. The value of collateral pledged on loans must exceed the loan amount by a margin sufficient to absorb potential erosion of its value in the event of foreclosure and cover the loan amount plus costs incurred to convert it to cash. The Company’s lending policy specifies maximum term limits for C&I loans. For term loans, the maximum term is generally 7 years with average terms ranging from 3 In addition, the Company often takes personal guarantees or cosigners to help assure repayment. Loans may be made on an unsecured basis if warranted by the overall financial condition of the borrower. CRE is segmented into the following categories generally based on source of repayment: Owner occupied CRE, non-owner occupied CRE and multi-family. CRE loans are also embedded in the following segments: construction and land development and 1-4 family real estate. CRE loans are subject to underwriting standards and processes similar to C&I loans, in addition to those standards and processes specific to real estate loans. Collateral for CRE loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The Company’s lending policy specifies maximum loan-to-value limits based on the category of CRE (CRE loans on improved property, raw land, land development, and commercial construction). These limits are the same limits established by regulatory authorities. Multi-family loans provide a source of repayment from rental income. The Company’s lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. In addition, the Company often takes personal guarantees to help assure repayment. Construction loans include any loans to finance the construction of any new residential property, CRE property or major rehabilitation or expansion of existing commercial structures. Construction lending carries a high degree of risk because of the difficulty of protecting the bank against a myriad of pitfalls. The following factors are evaluated when underwriting these types of loans: ● Borrowers/contractors experience and ability is analyzed with the type and size of project being considered. ● Financial ability to cover cost overruns. ● Reliability and thoroughness of cost projections and reasonable assurance that significant provisions are made for contingencies for soft costs especially interest and operating deficits. ● Reliability of the estimate of time to complete the project. The land development portfolio also includes other land loans such as raw land. The raw land component involves considerable risk to the bank and is reserved for the Bank’s most credit worthy borrowers. Land development loans are typically only made to experienced local developers with successful track records. For all loans the allowance consists of pooled and individually analyzed components. Pooled loan allowances consist of quantitative and qualitative factors and cover loan classes that share similar risk characteristics with other assets in the segmented pool. Quantitative Factors: The quantitative factors are based on the probability of default and loss given default derived from historical net charge-off experience, repayment activity and default, remaining life, and current economic conditions as well as economic outlook. Qualitative Factors: The Company’s allowance methodology also has a qualitative component, the purpose of which is to provide management with a means to take into consideration changes in current conditions that could potentially have an effect, up or down, on the level of recognized loan losses, that, for whatever reason, fail to show up in the quantitative analysis performed in determining its base loan loss rates. The Company utilizes the following qualitative factors: ● National and local economy ● Loan volume and trend ● Loan quality ● Loan policies and procedures ● Management and staff experience ● Concentrations ● Collateral ● Loan review system ● Regulatory environment and oversight The qualitative adjustments are based on the current condition and applied as a percentage adjustment in addition to the calculated historical loss rates. The adjustment amount can be either positive or negative depending whether or not the current condition is better or worse than the historical average. These adjustments reflect the extent to which the Company expects current conditions to differ from the conditions that existed for the period over which historical information was evaluated. Economic Forecasting: The Company uses reasonable and supportable forecasts over the contractual term of the financial assets for each entity. This measurement is based upon relevant past events, historical experience and current conditions to determine the forecasted data which requires significant judgement. When management no longer has sufficient information to make a reasonable and supportable forecast, the data will then immediately revert back to the average historical performance for each entity. It is expected that actual economic conditions will, in many circumstances, turn out differently than forecasted because the ultimate outcomes during the forecast period may be affected by events that were unforeseen, such as economic disruption and fiscal or monetary policy actions, which are exacerbated by longer forecasting periods. This uncertainty would be relevant to the entity’s confidence level as to the outcomes being forecasted. That is, an entity is likely less confident in the ultimate outcome of events that will occur at the end of the forecast period as compared to the beginning. As a result, actual future economic conditions may not be an effective indicator of the quality of the Company’s forecasting process, including the length of the forecast period. Loans are determined to no longer share similar risk characteristics with other assets in the segmented pool when their scheduled payments of principal and interest according to the contractual terms of the loan agreement, have a greater probability of uncollectibility based on current information and events. Such events include past due status of 90 days or more, non-accrual status or classification of a substandard or doubtful risk rating. Factors considered by management in determining risk rating and non-accrual status include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered low quality. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Allowances for these low quality loans are measured on a case-by-case basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Some loans that are determined to no longer share risk characteristics with other assets in the segmented pool, may be deemed collateral dependent. A financial asset is collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. When it is determined that foreclosure is probable, the collateral’s fair value is used to estimate the financial assets expected credit losses for the current reporting period. This fair value is then reduced by the present value of estimated costs to sell. If it is determined that the asset is collateral-dependent but foreclosure is not probable, an institution can elect to apply the practical expedient to use the collateral’s fair value to estimate the asset’s expected credit loss. The Company is choosing to utilize the practical expedient. When using the practical expedient on a collateral dependent loan where repayment is reliant upon the sale of the collateral, the fair value of that collateral will be adjusted for estimated costs to sell. However if the repayment is dependent on the operations of the company the fair market value less estimated cost to sell cannot be used. Thus the net present value of the cash-flow will be utilized. For non-homogenous loans, the Company utilizes the following internal risk rating scale: 1. Highest Quality (Pass) – loans of the highest quality with no credit risk, including those fully secured by subsidiary bank certificates of deposit and U.S. government securities. 2. Superior Quality (Pass) – loans with very strong credit quality. Borrowers have exceptionally strong earnings, liquidity, capital, cash flow coverage, and management ability. Includes loans secured by high quality marketable securities, certificates of deposit from other institutions, and cash value of life insurance. Also includes loans supported by U.S. government, state, or municipal guarantees. 3. Satisfactory Quality (Pass) – loans with satisfactory credit quality. Established borrowers with satisfactory financial condition, including credit quality, earnings, liquidity, capital and cash flow coverage. Management is capable and experienced. Collateral coverage and guarantor support, if applicable, are more than adequate. Includes loans secured by personal assets and business assets, including equipment, accounts receivable, inventory, and real estate. 4. Fair Quality (Pass) – loans with moderate but still acceptable credit quality. The primary repayment source remains adequate; however, management’s ability to maintain consistent profitability is unproven or uncertain. Borrowers exhibit acceptable leverage and liquidity. May include new businesses with inexperienced management or unproven performance records in relation to peers, or borrowers operating in highly cyclical or declining industries. 5. Early Warning (Pass) – loans where the borrowers have generally performed as agreed, however unfavorable financial trends exist or are anticipated. Earnings may be erratic, with marginal cash flow or declining sales. Borrowers reflect leveraged financial condition and/or marginal liquidity. Management may be new and a track record of performance has yet to be developed. Financial information may be incomplete, and reliance on secondary repayment sources may be increasing. 6. Special Mention – loans where the borrowers exhibit credit weaknesses or unfavorable financial trends requiring close monitoring. Weaknesses and adverse trends are more pronounced than Early Warning loans, and if left uncorrected, may jeopardize repayment according to the contractual terms. Currently, no loss of principal or interest is expected. Borrowers in this category have deteriorated to the point that it would be difficult to refinance with another lender. Special Mention should be assigned to borrowers in turnaround situations. This rating is intended as a transitional rating, therefore, it is generally not assigned to a borrower for a period of more than one year . 7. Substandard – loans which are inadequately protected by the current worth and paying capacity of the obligor or of the collateral pledged, if applicable. These loans have a well-defined weakness or weaknesses which jeopardize repayment according to the contractual terms. There is distinct loss potential if the weaknesses are not corrected. Includes loans with insufficient cash flow coverage which are collateral dependent, other real estate owned, and repossessed assets. 8. Doubtful – loans which have all the weaknesses inherent in a Substandard loan, with the added characteristic that existing weaknesses make full principal collection, on the basis of current facts, conditions and values, highly doubtful. The possibility of loss is extremely high, but because of pending factors, recognition of a loss is deferred until a more exact status can be determined. All doubtful loans will be placed on non-accrual, with all payments, including principal and interest, applied to principal reduction. For term C&I and CRE loans greater than $1,000,000, a loan review is required within 15 months of the most recent credit review. The review is completed in enough detail to, at a minimum, validate the risk rating. Additionally, the review shall include an analysis of debt service requirements, covenant compliance, if applicable, and collateral adequacy. The frequency of the review is generally accelerated for loans with poor risk ratings. The Company’s Loan Quality area performs a documentation review of a sampling of C&I and CRE loans, the primary purpose of which is to ensure the credit is properly documented and closed in accordance with approval authorities and conditions. A review is also performed by the Company’s Internal Audit Department of a sampling of C&I and CRE loans for proper documentation, according to an approved schedule. Validation of the risk rating is also part of Internal Audit’s review (performed by Internal Loan Review). Additionally, over the past several years, the Company has contracted an independent outside third party to review a sampling of C&I and CRE loans. Validation of the risk rating is part of this review as well. The Company leases machinery and equipment to C&I customers under direct financing leases. All lease requests are subject to the credit requirements and criteria as set forth in the lending/leasing policy. In all cases, a formal independent credit analysis of the lessee is performed. Direct financing leases are included in the C&I – Other segment and allowance is established in the same manner as C&I loans. Generally, the Company’s residential real estate loans conform to the underwriting requirements of Freddie Mac and Fannie Mae to allow the subsidiary banks to resell loans in the secondary market. The subsidiary banks structure most loans that will not conform to those underwriting requirements as adjustable rate mortgages that mature or adjust in one The Company provides many types of installment and other consumer loans including motor vehicle, home improvement, home equity, signature loans and small personal credit lines. The Company’s lending policy addresses specific credit guidelines by consumer loan type. For residential real estate loans, and installment and other consumer loans, these large groups of smaller balance homogenous loans follow the same methodology as commercial loans in terms of evaluation of risk characteristics, other than these may not be risk rated due to homogenous nature. TDRs follow the same allowance methodology as described above for all loans. Once a loan is classified as a TDR, it will remain a TDR until the loan is paid off, charged off, moved to OREO or restructured into a new note without a concession. TDR status may also be removed if the TDR was restructured in a prior calendar year, is current, accruing interest and shows sustained performance. Allo

Note 2 - INVESTMENT SECURITIES

Note 2 - INVESTMENT SECURITIES	3 Months Ended
Note 2 - INVESTMENT SECURITIES	Mar. 31, 2021
Notes to Financial Statements
INVESTMENT SECURITIES	NOTE 2– INVESTMENT SECURITIES The amortized cost and fair value of investment securities as of March 31, 2021 and December 31, 2020 are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost* Gains (Losses) Value (dollars in thousands) March 31, 2021: Securities HTM: Municipal securities $ 452,076 $ 38,312 $ (91) $ 490,297 Other securities 1,050 — — 1,050 $ 453,126 $ 38,312 $ (91) $ 491,347 Securities AFS: U.S. govt. sponsored agency securities $ 14,494 $ 352 $ (265) $ 14,581 Residential mortgage-backed and related securities 115,230 3,742 (920) 118,052 Municipal securities 160,703 3,492 (1,622) 162,573 Asset-backed securities 38,620 1,197 (2) 39,815 Other securities 11,679 173 — 11,852 $ 340,726 $ 8,956 $ (2,809) $ 346,873 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) December 31, 2020: Securities HTM: Municipal securities $ 475,115 $ 45,360 $ (248) $ 520,227 Other securities 1,050 — — 1,050 $ 476,165 $ 45,360 $ (248) $ 521,277 Securities AFS: U.S. govt. sponsored agency securities $ 14,936 $ 447 $ (47) $ 15,336 Residential mortgage-backed and related securities 127,670 5,510 (338) 132,842 Municipal securities 147,241 5,215 (48) 152,408 Asset-backed securities 39,663 1,111 (91) 40,683 Other securities 20,550 147 — 20,697 $ 350,060 $ 12,430 $ (524) $ 361,966 * HTM securities are shown on the balance sheet at amortized cost, net of allowance for credit losses of $174 thousand as of March 31, 2021. 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 March 31, 2021 and December 31, 2020, 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) March 31, 2021: Securities HTM: Municipal securities $ — $ — $ 8,019 $ (91) $ 8,019 $ (91) Securities AFS: U.S. govt. sponsored agency securities $ 2,963 $ (265) $ — $ — $ 2,963 $ (265) Residential mortgage-backed and related securities 35,721 (919) 157 (1) 35,878 (920) Municipal securities 68,407 (1,622) — — 68,407 (1,622) Asset-backed securities — — 1,998 (2) 1,998 (2) $ 107,091 $ (2,806) $ 2,155 $ (3) $ 109,246 $ (2,809) 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, 2020: Securities HTM: Municipal securities $ 8,407 $ (248) $ — $ — $ 8,407 $ (248) Securities AFS: U.S. govt. sponsored agency securities $ 3,199 $ (47) $ — $ — $ 3,199 $ (47) Residential mortgage-backed and related securities 37,549 (338) — — 37,549 (338) Municipal securities 10,110 (48) — — 10,110 (48) Asset-backed securities 6,884 (52) 9,945 (39) 16,829 (91) $ 57,742 $ (485) $ 9,945 $ (39) $ 67,687 $ (524) At March 31, 2021, the investment portfolio included 644 securities. Of this number, 101 securities were in an unrealized loss position. The aggregate losses of these securities totaled approximately 0.4% of the total amortized cost of the portfolio. Of these 101 securities, there were eight 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 March 31, 2021, 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. On January 1, 2021, the Company adopted ASU 2016-13, which replaced the legacy GAAP other-than-temporary impairment (“OTTI”) model with a credit loss model. ASU 2016-13 requires an allowance on lifetime expected credit losses on held to maturity debt securities. The following table presents the activity in the allowance for credit losses for held to maturity securities by major security type for the three months ended March 31, 2021. Three Months Ended March 31, 2021 Municipal securities Other securities Total (dollars in thousands) Allowance for credit losses: Beginning balance $ — $ — $ — Impact of adopting ASU 2016-13 182 1 183 Provision for credit loss expense (9) — (9) Balance, ending $ 173 $ 1 $ 174 The credit loss model under ASU 2016-13, applicable to AFS debt securities, requires the recognition of credit losses through an allowance account, but retains the concept from the OTTI model that credit losses are recognized once securities become impaired. See Note 1, “Summary of Significant Accounting Policies” to the consolidated financial statement included in this Form 10-Q, for a discussion of the impact of the adoption of ASU 2016-13. There were proceeds of $19.5 million from sales of securities, that resulted in no gains or losses, for the three months The amortized cost and fair value of securities as of March 31, 2021 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 $ 3,592 $ 3,611 Due after one year through five years 32,784 33,424 Due after five years 416,750 454,312 $ 453,126 $ 491,347 Securities AFS: Due in one year or less $ 2,152 $ 2,182 Due after one year through five years 12,888 13,175 Due after five years 171,836 173,649 186,876 189,006 Residential mortgage-backed and related securities 115,230 118,052 Asset-backed securities 38,620 39,815 $ 340,726 $ 346,873 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 $ 246,515 $ 255,969 Securities AFS: Municipal securities 154,432 156,016 Other securities 11,679 11,852 $ 166,111 $ 167,868 As of March 31, 2021, the Company's municipal securities portfolios were comprised of general obligation bonds issued by 117 issuers with fair values totaling $117.6 million and revenue bonds issued by 192 issuers, primarily consisting of states, counties, towns, villages and school districts with fair values totaling $535.3 million. The Company also held investments in general obligation bonds in 21 states, including eight states in which the aggregate fair value exceeded $5.0 million, and in revenue bonds in 26 states, including 13 states in which the aggregate fair value exceeded $5.0 million. As of December 31, 2020, the Company's municipal securities portfolios were comprised of general obligation bonds issued by 117 issuers with fair values totaling $116.7 million and revenue bonds issued by 191 issuers, primarily consisting of states, counties, towns, villages and school districts with fair values totaling $555.9 million. The Company also held investments in general obligation bonds in 21 states, including eight Both general obligation and revenue bonds are diversified across many issuers. As of March 31, 2021 and as of December 31, 2020, the Company held revenue bonds of two issuers, 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 investments 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 March 31, 2021, 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 March 31, 2021, 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	3 Months Ended
Note 3 - LOANS/LEASES RECEIVABLE	Mar. 31, 2021
Notes to Financial Statements
LOANS/LEASES RECEIVABLE	NOTE 3 – LOANS/LEASES RECEIVABLE The composition of the loan/lease portfolio as of March 31, 2021 and December 31, 2020 is presented as follows: 2021 (dollars in thousands) C&I: C&I - revolving $ 168,842 C&I - other * 1,616,144 1,784,986 CRE - owner occupied 461,272 CRE - non-owner occupied 610,582 Construction and land development 607,798 Multi-family 396,272 Direct financing leases 60,134 1-4 family real estate* 368,927 Consumer 71,080 4,361,051 Allowance for credit losses (81,831) $ 4,279,220 ** Direct financing leases: Net minimum lease payments to be received $ 66,182 Estimated unguaranteed residual values of leased assets 239 Unearned lease/residual income (6,287) 60,134 Plus deferred lease origination costs, net of fees 905 61,039 Less allowance for credit losses (2,192) $ 58,847 2020 C&I loans* $ 1,726,723 CRE loans Owner-occupied CRE 496,471 Commercial construction, land development, and other land 541,455 Other non owner-occupied CRE 1,069,703 2,107,629 Direct financing leases 66,016 Residential real estate loans * 252,121 Installment and other consumer loans 91,302 4,243,791 Plus deferred loan/lease origination costs, net of fees 7,338 4,251,129 Less allowance (84,376) $ 4,166,753 ** Direct financing leases: Net minimum lease payments to be received $ 72,940 Estimated unguaranteed residual values of leased assets 239 Unearned lease/residual income (7,163) 66,016 Plus deferred lease origination costs, net of fees 1,072 67,088 Less allowance (1,764) $ 65,324 * Includes equipment financing agreements outstanding at m2, totaling $189.3 million and $171.5 million as of March 31, 2021 and December 31, 2020, respectively and PPP loans totaling $243.9 million and $273.1 million as of March 31, 2021 and December 31, 2020, 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 $5.7 million and $3.8 million as of March 31, 2021 and December 31, 2020, respectively. Changes in accretable yield for acquired loans were as follows: Three months ended March 31, 2021 PCI Performing Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ — $ (3,139) $ (3,139) Accretion recognized — 609 609 Balance at the end of the period $ — $ (2,530) $ (2,530) Three months ended March 31, 2020 PCI Performing Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable (30) — (30) Accretion recognized 28 653 681 Balance at the end of the period $ (59) $ (5,725) $ (5,784) The aging of the loan/lease portfolio by classes of loans/leases as of March 31, 2021 and December 31, 2020 is presented as follows: As of March 31, 2021 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: C&I - revolving $ 168,809 $ 33 $ — $ — $ — $ 168,842 C&I - other 1,607,456 3,048 425 — 5,215 1,616,144 CRE - owner occupied 460,965 307 — — — 461,272 CRE - non-owner occupied 606,073 — — — 4,509 610,582 Construction and land development 607,721 — — — 77 607,798 Multi-family 396,122 — — — 150 396,272 Direct financing leases 59,482 194 138 — 320 60,134 1-4 family real estate 364,114 1,366 — — 3,447 368,927 Consumer 70,856 79 — — 145 71,080 $ 4,341,598 $ 5,027 $ 563 $ — $ 13,863 $ 4,361,051 As a percentage of total loan/lease portfolio 99.55 % 0.12 % 0.01 % — % 0.32 % 100.00 % As of December 31, 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 $ 1,720,058 $ 1,535 $ 323 $ — $ 4,807 $ 1,726,723 CRE Owner-occupied CRE 496,459 — — — 12 496,471 Commercial construction, land development, and other land 541,455 — — — — 541,455 Other non-owner occupied CRE 1,062,215 — — — 7,488 1,069,703 Direct financing leases 64,918 501 191 — 406 66,016 Residential real estate 249,364 1,512 223 — 1,022 252,121 Installment and other consumer 91,047 43 4 3 205 91,302 $ 4,225,516 $ 3,591 $ 741 $ 3 $ 13,940 $ 4,243,791 As a percentage of total loan/lease portfolio 99.57 % 0.08 % 0.02 % 0.00 % 0.33 % 100.00 % NPLs by classes of loans/leases as of March 31, 2021 and December 31, 2020 are presented as follows: As of March 31, 2021 Accruing Past Nonaccrual Nonaccrual Due 90 Days or Loans/Leases Loans/Leases Percentage of Classes of Loans/Leases More with an ACL* without an ACL* Total NPLs Total NPLs (dollars in thousands) C&I: C&I - revolving $ — $ — $ — $ — - % C&I - other — 4,998 217 5,215 37.61 CRE - owner occupied — — — — - CRE - non-owner occupied — 3,715 794 4,509 32.53 Construction and land development — 77 — 77 0.56 Multi-family — 150 — 150 1.08 Direct financing leases — 193 127 320 2.31 1-4 family real estate — 3,423 24 3,447 24.86 Consumer — 145 — 145 1.05 $ — $ 12,701 $ 1,162 $ 13,863 100.00 % The Company did not recognize any interest income on nonaccrual loans during the quarter ended March 31, 2021. As of December 31, 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 $ — $ 4,807 $ 606 $ 5,413 36.87 % CRE Owner-occupied CRE — 12 — 12 0.08 % Commercial construction, land development, and other land — — — — - % Other non-owner occupied CRE — 7,488 — 7,488 50.99 % Direct financing leases — 406 135 541 3.68 % Residential real estate — 1,022 — 1,022 6.96 % Installment and other consumer 3 205 — 208 1.42 % $ 3 $ 13,940 $ 741 $ 14,684 100.00 % ** Nonaccrual loans/leases included $984 thousand of TDRs, including $836 thousand in CRE loans, $100 thousand in direct financing leases, $48 thousand in installment loans. Changes in the ACL-loans/leases by portfolio segment for the three months ended March 31, 2021 and 2020, respectively, are presented as follows: Three Months Ended March 31, 2021 CRE CRE Construction Direct Residential 1-4 C&I - C&I - Owner Non-Owner and Land Multi- Financing Real Family C&I Revolving Other CRE Occupied Occupied Development Family Leases Estate Real Estate Consumer Total (dollars in thousands) Balance, beginning $ 35,421 $ — $ — $ 42,161 $ — $ — $ — $ — $ 1,764 $ 3,732 $ — $ 1,298 $ 84,376 Adoption of ASU 2016-13 (35,421) 2,982 29,130 (42,161) 8,696 11,428 11,999 5,836 (1,764) (3,732) 5,042 (137) (8,102) Provision — 565 4,549 — 451 (286) 328 442 — — 161 (217) 5,993 Charge-offs — — (668) — — — — — — — (44) (1) (713) Recoveries — — 156 — — 13 — — — — 6 102 277 Balance, ending $ — $ 3,547 $ 33,167 $ — $ 9,147 $ 11,155 $ 12,327 $ 6,278 $ — $ — $ 5,165 $ 1,045 $ 81,831 * Included within the C&I – Other column are leases with adoption impact of $685 thousand, provision of $135 thousand ,charge-offs of $198 thousand and recoveries of $76 thousand. ACL on leases was $2.2 million as of March 31, 2021. Three Months Ended March 31, 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 Provision 3,697 3,816 394 336 124 8,367 Charge-offs (1,639) — (600) — (96) (2,335) Recoveries 21 74 45 29 31 200 Balance, ending $ 18,151 $ 19,269 $ 1,303 $ 2,313 $ 1,197 $ 42,233 The composition of the ACL-loans/leases by portfolio segment based on evaluation method are as follows: As of March 31, 2021 Amortized Cost of Loans Receivable Allowance for Credit Losses Individually Collectively Individually Collectively Evaluated for Evaluated for Evaluated for Evaluated for Credit Losses Credit Losses Total Credit Losses Credit Losses Total (dollars in thousands) C&I : C&I - Revolving $ 2,987 $ 165,855 $ 168,842 $ 450 $ 3,097 $ 3,547 C&I - Other* 41,690 1,634,588 1,676,278 4,397 28,770 33,167 44,677 1,800,443 1,845,120 4,847 31,867 36,714 CRE - owner occupied 5,487 455,785 461,272 287 8,860 9,147 CRE - non-owner occupied 23,309 587,273 610,582 1,843 9,312 11,155 Construction and Land Development 10,554 597,244 607,798 11 12,316 12,327 Multi-family 150 396,122 396,272 13 6,265 6,278 1-4 family real wstate 5,305 363,622 368,927 651 4,514 5,165 Consumer 300 70,780 71,080 36 1,009 1,045 $ 89,782 $ 4,271,269 $ 4,361,051 $ 7,688 $ 74,143 $ 81,831 * Included within the C&I – Other category are leases individually evaluated of $320 thousand with a related allowance for credit losses of $59 thousand and leases collectively evaluated of $59.8 million with a related allowance for credit losses of $2.1 million. Information for impaired loans/leases prior to adoption of ASU 2016-13 on January 1, 2021, is presented in the tables below. The recorded investment represents customer balances net of any partial charge-offs recognized on the loan/lease. The unpaid principal balance represents the recorded balance outstanding on the loan/lease prior to any partial charge-offs. Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three months ended March 31, 2020 are presented as follows: 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 $ 2,260 $ 2,332 $ — $ 1,895 $ 12 $ 12 CRE Owner-occupied CRE 99 115 — 102 — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 1,054 1,054 — 662 7 7 Direct financing leases 1,515 1,515 — 1,440 6 6 Residential real estate 423 407 — 399 — — Installment and other consumer 538 538 — 507 — — $ 5,889 $ 5,961 $ — $ 5,005 $ 25 $ 25 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 86 $ 86 $ 86 $ 43 $ — $ — CRE Owner-occupied CRE — — — — — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 6,528 6,528 1,228 4,698 — — Direct financing leases 59 59 20 61 — — Residential real estate 180 180 15 180 — — Installment and other consumer 77 77 78 79 — — $ 6,930 $ 6,930 $ 1,427 $ 5,061 $ — $ — Total Impaired Loans/Leases: C&I $ 2,346 $ 2,418 $ 86 $ 1,938 $ 12 $ 12 CRE Owner-occupied CRE 99 115 — 102 — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 7,582 7,582 1,228 5,360 7 7 Direct financing leases 1,574 1,574 20 1,501 6 6 Residential real estate 603 587 15 579 — — Installment and other consumer 615 615 78 586 — — $ 12,819 $ 12,891 $ 1,427 $ 10,066 $ 25 $ 25 Loans/leases, by classes of financing receivable, considered to be impaired as of December 31, 2020 are presented as follows: December 31, 2020 Recorded Unpaid 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 prior to adoption of ASU 2016-13 and those individually evaluated under ASU 2016-13 for which no allowance has been provided have adequate collateral, based on management’s current estimates. The following table presents the amortized cost basis of collateral dependent loans, by the primary collateral type, which are individually evaluated to determine expected credit losses: As of March 31, 2021 Non Commercial Owner-Occupied Owner Occupied Assets Real Estate Real Estate Securities Equipment Other Total (dollars in thousands) C & I: C&I - Revolving $ 2,513 $ — $ — $ — $ 474 $ — $ 2,987 C&I - Other* 1,030 — 2,630 6,235 31,783 12 41,690 3,543 — 2,630 6,235 32,257 12 44,677 CRE - owner occupied — — 5,487 — — — 5,487 CRE - non-owner occupied — 23,309 — — — — 23,309 Construction and Land Development — 10,477 77 — — — 10,554 Multi-family — 150 — — — — 150 1-4 Family Real Estate — 2,719 2,586 — — — 5,305 Consumer — — 298 — — 2 300 $ 3,543 $ 36,655 $ 11,078 $ 6,235 $ 32,257 $ 14 $ 89,782 * Included within the C&I – Other category are leases individually evaluated of $320 thousand with primary collateral of equipment. For commercial loans, certain construction and land development loans, all multifamily loans and certain 1-4 family residential loans, the Company’s credit quality indicator consists of internally assigned risk ratings. Each such 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.w For certain C&I loans (including equipment financing agreements and direct financing leases), certain construction and land development, certain 1-4 family real estate loans, and all consumer loans, the Company’s credit quality indicator is performance determined by delinquency status. Prior to adoption of ASU 2016-13, this included C&I equipment financing agreements, direct financing leases, residential real estate loans, and installment and other consumer loans. Delinquency status is updated daily by the Company’s loan system. The following tables show the credit quality indicator of loans by class of receivable and year of origination as of March 31, 2021: As of March 31, 2021 Term Loans Amortized Cost Basis by Origination Year Revolving Loans Internally Assigned Amortized Risk Rating 2021 2020 2019 2018 2017 Prior Cost Basis Total (dollars in thousands) C&I - revolving Pass (Ratings 1 through 5) $ — $ — $ — $ — $ — $ — $ 162,696 $ 162,696 Special Mention (Rating 6) — — — — — — 3,159 3,159 Substandard (Rating 7) — — — — — — 2,987 2,987 Doubtful (Rating 8) — — — — — — — — Total C&I - revolving $ — $ — $ — $ — $ — $ — $ 168,842 $ 168,842 C&I - other Pass (Ratings 1 through 5) $ 235,962 $ 585,345 $ 236,279 $ 135,169 $ 126,353 $ 65,041 $ — $ 1,384,149 Special Mention (Rating 6) 155 717 — — 542 1,401 — 2,815 Substandard (Rating 7) 58 7,109 25,844 434 167 6,224 — 39,836 Doubtful (Rating 8) — — — — — — — — Total C&I - other $ 236,175 $ 593,171 $ 262,123 $ 135,603 $ 127,062 $ 72,666 $ — $ 1,426,800 CRE - owner occupied Pass (Ratings 1 through 5) $ 45,903 $ 176,851 $ 66,254 $ 46,025 $ 32,743 $ 75,721 $ 9,216 $ 452,713 Special Mention (Rating 6) 604 57 180 264 676 1,297 — 3,078 Substandard (Rating 7) 224 1,000 929 1,270 2,058 — — 5,481 Doubtful (Rating 8) — — — — — — — — Total CRE - owner occupied $ 46,731 $ 177,908 $ 67,363 $ 47,559 $ 35,477 $ 77,018 $ 9,216 $ 461,272 CRE - non-owner occupied Pass (Ratings 1 through 5) $ 36,894 $ 180,112 $ 98,515 $ 76,057 $ 79,124 $ 64,414 $ 8,625 $ 543,741 Special Mention (Rating 6) 3,481 8,825 3,265 15,424 4,242 7,307 997 43,541 Substandard (Rating 7) 438 794 19,233 504 963 700 668 23,300 Doubtful (Rating 8) — — — — — — — — Total CRE - non-owner occupied $ 40,813 $ 189,731 $ 121,013 $ 91,985 $ 84,329 $ 72,421 $ 10,290 $ 610,582 Construction and land development Pass (Ratings 1 through 5) $ 53,842 $ 207,167 $ 174,028 $ 124,718 $ 12,765 $ 3,141 $ 9,960 $ 585,621 Special Mention (Rating 6) — — — 680 — — — 680 Substandard (Rating 7) — — 10,478 — — — — 10,478 Doubtful (Rating 8) — — — — — — — — Total Construction and land development $ 53,842 $ 207,167 $ 184,506 $ 125,398 $ 12,765 $ 3,141 $ 9,960 $ 596,779 Multi-family Pass (Ratings 1 through 5) $ 49,494 $ 213,302 $ 64,817 $ 47,082 $ 7,496 $ 13,666 $ 265 $ 396,122 Special Mention (Rating 6) — — — — — — — — Substandard (Rating 7) — — — 150 — — — 150 Doubtful (Rating 8) — — — — — — — — Total Multi-family $ 49,494 $ 213,302 $ 64,817 $ 47,232 $ 7,496 $ 13,666 $ 265 $ 396,272 1-4 family real estate Pass (Ratings 1 through 5) $ 10,273 $ 37,895 $ 22,631 $ 15,897 $ 8,273 $ 13,523 $ 5,862 $ 114,354 Special Mention (Rating 6) 38 — — — 154 1 — 193 Substandard (Rating 7) — — — 137 2,537 76 — 2,750 Doubtful (Rating 8) — — — — — — — — Total 1-4 family real estate $ 10,311 $ 37,895 $ 22,631 $ 16,034 $ 10,964 $ 13,600 $ 5,862 $ 117,297 Total $ 437,366 $ 1,419,174 $ 722,453 $ 463,811 $ 278,093 $ 252,512 $ 204,435 $ 3,777,844 As of March 31, 2021 Term Loans Amortized Cost Basis by Origination Year Revolving Loans Amortized Delinquency Status * 2021 2020 2019 2018 2017 Prior Cost Basis Total (dollars in thousands) C&I - other Performing $ 32,767 $ 70,614 $ 49,733 $ 24,868 $ 9,052 $ 1,153 $ — $ 188,187 Nonperforming — 123 683 198 136 17 — 1,157 Total C&I - other $ 32,767 $ 70,737 $ 50,416 $ 25,066 $ 9,188 $ 1,170 $ — $ 189,344 Direct financing leases Performing $ 304 $ 16,671 $ 16,717 $ 14,678 $ 7,873 $ 3,571 $ — $ 59,814 Nonperforming — — 19 139 78 84 — 320 Total Direct financing leases $ 304 $ 16,671 $ 16,736 $ 14,817 $ 7,951 $ 3,655 $ — $ 60,134 Construction and land development Performing $ 1,270 $ 8,723 $ 429 $ 520 $ — $ — $ — $ 10,942 Nonperforming — — — — 77 — — 77 Total Construction and land development $ 1,270 $ 8,723 $ 429 $ 520 $ 77 $ — $ — $ 11,019 1-4 family real estate Performing $ 36,985 $ 91,997 $ 27,115 $ 15,035 $ 15,774 $ 63,932 $ 64 $ 250,902 Nonperforming — 31 72 — — 625 — 728 Total 1-4 family real estate $ 36,985 $ 92,028 $ 27,187 $ 15,035 $ 15,774 $ 64,557 $ 64 $ 251,630 Consumer Performing $ 2,446 $ 7,760 $ 3,337 $ 2,810 $ 997 $ 3,789 $ 49,796 $ 70,935 Nonperforming — — 47 49 17 32 — 145 Total Consumer $ 2,446 $ 7,760 $ 3,384 $ 2,859 $ 1,014 $ 3,821 $ 49,796 $ 71,080 Total $ 73,772 $ 195,919 $ 98,152 $ 58,297 $ 34,004 $ 73,203 $ 49,860 $ 583,207 * Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual and accruing loans/leases that are greater than or equal to 90 days past due. For each class of financing receivable, the following presents the recorded investment by credit quality indicator as of December 31, 2020: As of December 31, 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) $ 1,506,578 $ 488,478 $ 530,297 $ 999,931 $ 3,525,284 96.25 % Special Mention (Rating 6) 23,929 3,087 680 43,785 71,481 1.95 % Substandard (Rating 7) 24,710 4,906 10,478 25,987 66,081 1.80 % Doubtful (Rating 8) — — — — — — % $ 1,555,217 $ 496,471 $ 541,455 $ 1,069,703 $ 3,662,846 100.00 % As of December 31, 2020 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 170,712 $ 65,475 $ 251,099 $ 91,094 $ 578,380 99.56 % Nonperforming 794 541 1,022 208 2,565 0.44 % $ 171,506 $ 66,016 $ 252,121 $ 91,302 $ 580,945 100.00 % * Prior to Adoption of ASU 2016-13: 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 March 31, 2021 and December 31, 2020, TDRs totaled $1.5 million and $1.7 million, respectively. There were no TDRs restructured during the first three months of 2021. 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 months ended March 31, 2020. 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 March 31, 2020 Pre- Post- Modification Modification Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C & I 2 $ 111 $ 111 $ — Direct Financing Leases 1 68 68 — TOTAL 3 $ 179 $ 179 $ — Of the loans restructured during the three months ended March 31, 2020, none were on nonaccrual. For the three months ended March 31, 2021, none 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. For the three months ended March 31, 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 TDR was related to one customer whose leases were restructured in the fourth quarter of 2019 with pre-modification balances totaling $55 thousand. Not included in the table above are four TDRs that were restructured and charged off for the three months ended March 31, 2020, totaling $296 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. The regulators clarified that this guidance may continue to be applied in 2021. 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 (1) related to COVID-19, (2) executed on a loan that was not more than 30 days past due as of December 31, 2019 and (3) executed between March 1, 2020 and the earlier of (A) 60 days after the termination of the National Emergency or (B) 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. As of March 31, 2021, there was one bank modification totaling $96 thousand and 68 m2 modifications of loans and leases totaling $6.9 million for a combined 69 modifications totaling $6.9 million, representing 0.16% of the total loan and lease portfolio, that were on deferral as of such date. On December 27, 2020, former President Trump signed the Consolidated Appropriations Act, which extended the debt relief program to the earlier of 60 days after the national emergency termination date or January 1, 2022. The Company intends to allow qualifying commercial and consumer clients to defer payments under the new guidance. The adoption of ASU 2016-13 required an allowance for OBS exposures, specifically on unfunded commitments. Changes in the ACL for OBS exposures for the three months ended March 31, 2021 and 2020 are presented as follows: Three Months Ended March 31, 2021 March 31, 2020 (dollars in thousands) Balance, beginning $ — $ — Impact of adopting ASU 2016-13 9,117 — Provisions charged to expense 729 — Balance, ending $ 9,846 $ —

NOTE 4 - DERIVATIVES AND HEDGIN

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	3 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES	Mar. 31, 2021
Notes to Financial Statements
DERIVATIVES AND HEDGING ACTIVITIES	NOTE 4 – DERIVATIVES AND HEDGING ACTIVITIES Derivatives are summarized as follows as of March 31, 2021 and December 31, 2020: March 31, 2021 December 31, 2020 (dollars in thousands) Assets: Interest rate caps - hedged $ 892 $ 259 Interest rate caps 231 67 Interest rate swaps 121,545 222,431 $ 122,668 $ 222,757 Liabilities: Interest rate swaps - hedged $ (4,318) $ (6,839) Interest rate swaps (121,545) (222,431) $ (125,863) $ (229,270) 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 to hedge against the risk of rising interest rates on liabilities. The liabilities consist of $300.0 million of deposits and the benchmark rates hedged vary at 1-month LIBOR, 3-month LIBOR and the Prime Rate. The interest rate caps are designated as cash flow hedges in accordance with ASC 815. An initial premium of $3.5 million was paid upfront for the caps executed. 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 March 31, 2021 December 31, 2020 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 8 $ 3 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 17 5 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 8 3 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 52 15 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 108 31 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 54 15 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 159 46 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 324 94 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 162 47 $ 300,000 $ 892 $ 259 In December 2020, the Company redesignated three of its interest rate caps, which had been purchased in 2019 for $800 thousand. The caps, which were designated as cash flow hedges at the time of purchase, were redesignated as unhedged. For derivative instruments that are designated as unhedged, the change in fair value of the derivative instrument is recognized into current earnings. The details of the unhedged interest rate caps are as follows: Balance Sheet Fair Value as of Effective Date Maturity Date Location Notional Amount Strike Rate March 31, 2021 December 31, 2020 (dollars in thousands) 1/1/2020 1/1/2023 Other Assets $ 25,000 1.90 % $ 7 $ 2 2/1/2020 2/1/2024 Other Assets 25,000 1.90 52 15 3/1/2020 3/1/2025 Other Assets 25,000 1.90 172 50 $ 75,000 $ 231 $ 67 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 March 31, 2021 December 31, 2020 (dollars in thousands) QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.05 % 5.85 % (1,113) (1,767) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.05 % 5.85 % (891) (1,414) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 1.79 % 4.54 % (1,091) (1,721) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.36 % 5.17 % (334) (529) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 1.93 % 4.75 % (389) (616) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 1.93 % 4.75 % (500) (792) $ 39,000 2.45 % 5.24 % $ (4,318) $ (6,839) 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: March 31, 2021 December 31, 2020 Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value (dollars in thousands) Non-Hedging Interest Rate Derivatives Assets: Interest rate swap contracts $ 3,062,090 $ 121,545 $ 1,539,602 $ 222,431 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 3,062,090 $ 121,545 $ 1,539,602 $ 222,431 Swap fee income totaled $13.6 million and $6.8 million for the three months ended March 31, 2021 and 2020, 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: March 31, 2021 December 31, 2020 (dollars in thousands) Cash $ 6,790 $ 45,719 U.S govt. sponsored agency securities 3,612 3,628 Municipal securities 85,895 85,937 Residential mortgage-backed and related securities 78,733 89,646 $ 175,030 $ 224,930 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. The Company underwrites the combination of the base loan amount and potential swap exposure and focuses on high quality borrowers with strong collateral values. For the majority of the Company’s swapped loan portfolio, the loan-to-value including the potential swap exposure is below 65%. The Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations.

NOTE 5 - INCOME TAXES

NOTE 5 - INCOME TAXES	3 Months Ended
NOTE 5 - INCOME TAXES	Mar. 31, 2021
Notes to Financial Statements
Income Taxes	NOTE 5 – IN COME TAXES A reconciliation of the expected federal income tax expense to the income tax expense included in the consolidated statements of income is as follows for the three months ended March 31, 2021 and March 31, 2020: For the Three Months Ended March 31, 2021 2020 % of % of Pretax Pretax Amount Income Amount Income (dollars in thousands) Computed "expected" tax expense $ 4,520 21.0 % $ 2,754 21.0 % Tax exempt income, net (1,719) (8.0) (1,225) (9.3) Bank-owned life insurance (99) (0.5) (55) (0.4) State income taxes, net of federal benefit, current year 1,024 4.8 677 5.2 Tax credits (57) (0.3) (116) (0.9) Excess tax benefit on stock options exercised and restricted stock awards vested (164) (0.8) (264) (2.0) Other 36 0.2 113 0.8 Federal and state income tax expense $ 3,541 16.4 % $ 1,884 14.4 %

NOTE 6 - EARNINGS PER SHARE

NOTE 6 - EARNINGS PER SHARE	3 Months Ended
NOTE 6 - EARNINGS PER SHARE	Mar. 31, 2021
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 March 31, 2021 2020 (dollars in thousands, except share data) Net income $ 17,982 $ 11,228 Basic EPS $ 1.14 $ 0.71 Diluted EPS $ 1.12 $ 0.70 Weighted average common shares outstanding 15,803,643 15,796,796 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 221,905 214,660 Weighted average common and common equivalent shares outstanding 16,025,548 16,011,456

NOTE 7 - FAIR VALUE

NOTE 7 - FAIR VALUE	3 Months Ended
NOTE 7 - FAIR VALUE	Mar. 31, 2021
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 March 31, 2021 and December 31, 2020: 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) March 31, 2021: Securities AFS: U.S. govt. sponsored agency securities $ 14,581 $ — $ 14,581 $ — Residential mortgage-backed and related securities 118,052 — 118,052 — Municipal securities 162,573 — 162,573 — Asset-backed securities 39,815 — 39,815 — Other securities 11,852 — 11,852 — Derivatives 122,668 — 122,668 — Total assets measured at fair value $ 469,541 $ — $ 469,541 $ — Derivatives $ 125,863 $ — $ 125,863 $ — Total liabilities measured at fair value $ 125,863 $ — $ 125,863 $ — December 31, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 15,336 $ — $ 15,336 $ — Residential mortgage-backed and related securities 132,842 — 132,842 — Municipal securities 152,408 — 152,408 — Asset-backed securities 40,683 — 40,683 — Other securities 20,697 — 20,697 — Derivatives 222,757 — 222,757 — Total assets measured at fair value $ 584,723 $ — $ 584,723 $ — Derivatives $ 229,270 $ — $ 229,270 $ — Total liabilities measured at fair value $ 229,270 $ — $ 229,270 $ — 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 a loan/lease is collaterally dependent). Assets measured at fair value on a non-recurring basis comprise the following at March 31, 2021 and December 31, 2020: 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) March 31, 2021: Loans/leases evaluated individually $ 31,472 $ — $ — $ 31,472 OREO 187 — — 187 $ 31,659 $ — $ — $ 31,659 December 31, 2020: Loans/leases evaluated individually $ 9,926 $ — $ — $ 9,926 OREO 22 — — 22 $ 9,948 $ — $ — $ 9,948 The increase in loans/leases evaluated individually is due to the change in ACL methodology with the adoption of ASU 2016-13 as well as the downgrading of one large relationship. Loans/leases evaluated individually are valued 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 March 31, December 31, 2021 2020 Valuation Technique Unobservable Input Range (dollars in thousands) Loans/leases evaluated individually $ 31,472 $ 9,926 Appraisal of collateral Appraisal adjustments -10.00 % to -30.00 % OREO 187 22 Appraisal of collateral Appraisal adjustments 0.00 % to -35.00 % For the loans/leases evaluated individually 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 months ended March 31, 2021 and 2020. The following table presents the carrying values and estimated fair values of financial assets and liabilities carried on the Company's consolidated balance sheets, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis: Fair Value As of March 31, 2021 As of December 31, 2020 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value (dollars in thousands) Cash and due from banks Level 1 $ 78,814 $ 78,814 $ 61,329 $ 61,329 Federal funds sold Level 2 1,350 1,350 9,080 9,080 Interest-bearing deposits at financial institutions Level 2 53,706 53,706 86,596 86,596 Investment securities: HTM Level 2 452,952 491,347 476,165 521,277 AFS Level 2 346,873 346,873 361,966 361,966 Loans/leases receivable, net Level 3 29,141 31,472 9,191 9,926 Loans/leases receivable, net Level 2 4,250,079 4,200,051 4,157,562 4,112,735 Derivatives Level 2 122,668 122,668 222,757 222,757 Deposits: Nonmaturity deposits Level 2 4,185,632 4,182,630 4,138,478 4,138,478 Time deposits Level 2 446,150 447,790 460,659 465,681 Short-term borrowings Level 2 6,840 6,840 5,430 5,430 FHLB advances Level 2 25,000 24,998 15,000 14,998 Subordinated notes Level 2 118,731 121,545 118,691 112,406 Junior subordinated debentures Level 2 38,030 30,744 37,993 30,618 Derivatives Level 2 125,863 125,863 229,270 229,270 *See previous table in Note 2 .

NOTE 8 - BUSINESS SEGMENT INFOR

NOTE 8 - BUSINESS SEGMENT INFORMATION	3 Months Ended
NOTE 8 - BUSINESS SEGMENT INFORMATION	Mar. 31, 2021
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 Commercial Banking business, is geographically divided by markets into the operating segments which are the four subsidiary banks wholly owned by the Company: QCBT, CRBT, CSB, and SFCB. Each of these operating 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 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. Selected financial information on the Company's business segments is presented as follows as of and for the three months ended March 31, 2021 and 2020. Commercial Banking Intercompany Consolidated QCBT CRBT CSB SFCB All other Eliminations Total (dollars in thousands) Three Months Ended March 31, 2021 Total revenue $ 21,284 $ 30,357 $ 10,423 $ 8,746 $ 366 $ (122) $ 71,054 Net interest income 15,786 13,606 8,368 6,069 (2,102) 248 41,975 Provision for credit losses 2,112 2,184 1,366 1,051 — — 6,713 Net income (loss) from continuing operations 7,164 11,396 2,062 2,269 17,948 (22,857) 17,982 Goodwill 3,223 14,980 9,888 45,975 — — 74,066 Intangibles — 2,067 3,143 5,663 — — 10,873 Total assets 2,101,634 1,847,070 1,041,861 818,605 791,254 (955,277) 5,645,147 Three Months Ended March 31, 2020 Total revenue $ 21,686 $ 22,879 $ 10,221 $ 8,691 $ 16,416 $ (15,715) $ 64,178 Net interest income 14,428 11,386 7,500 5,642 (1,488) 230 37,698 Provision for loan/lease losses 3,183 2,250 1,964 970 — — 8,367 Net income (loss) from continuing operations 5,725 6,461 1,065 2,207 11,025 (15,255) 11,228 Goodwill 3,223 14,980 9,888 45,975 182 — 74,248 Intangibles — 2,560 3,812 6,573 1,476 — 14,421 Total assets 1,914,785 1,719,773 863,903 708,735 695,511 (670,632) 5,232,075

NOTE 9 - REGULATORY CAPITAL REQ

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS	3 Months Ended
NOTE 9 - REGULATORY CAPITAL REQUIREMENTS	Mar. 31, 2021
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 OBS 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 March 31, 2021 and December 31, 2020, 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 March 31, 2021 and December 31, 2020 are presented in the following tables (dollars in thousands). As of March 31, 2021 and December 31, 2020, 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 March 31, 2021: Company: Total risk-based capital $ 740,281 14.85 % $ 398,804 > 8.00 % $ 523,430 > 10.50 % $ 498,505 > 10.00 % Tier 1 risk-based capital 563,872 11.31 299,103 > 6.00 423,729 > 8.50 398,804 > 8.00 Tier 1 leverage 563,872 10.10 223,424 > 4.00 223,424 > 4.00 279,280 > 5.00 Common equity Tier 1 525,842 10.55 224,327 > 4.50 348,953 > 7.00 324,028 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 219,423 12.70 % $ 138,239 > 8.00 % $ 181,439 > 10.50 % $ 172,799 > 10.00 % Tier 1 risk-based capital 197,676 11.44 103,679 > 6.00 146,879 > 8.50 138,239 > 8.00 Tier 1 leverage 197,676 9.17 86,225 > 4.00 86,225 > 4.00 107,781 > 5.00 Common equity Tier 1 197,676 11.44 77,759 > 4.50 120,959 > 7.00 112,319 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 231,341 13.59 % $ 136,200 > 8.00 % $ 178,762 > 10.50 % $ 170,250 > 10.00 % Tier 1 risk-based capital 209,954 12.33 102,150 > 6.00 144,712 > 8.50 136,200 > 8.00 Tier 1 leverage 209,954 11.27 74,536 > 4.00 74,536 > 4.00 93,170 > 5.00 Common equity Tier 1 209,954 12.33 76,612 > 4.50 119,175 > 7.00 110,662 > 6.50 Community State Bank: Total risk-based capital $ 110,491 12.39 % $ 71,343 > 8.00 % $ 93,637 > 10.50 % $ 89,178 > 10.00 % Tier 1 risk-based capital 99,284 11.13 53,507 > 6.00 75,801 > 8.50 71,343 > 8.00 Tier 1 leverage 99,284 9.90 40,116 > 4.00 40,116 > 4.00 50,144 > 5.00 Common equity Tier 1 99,284 11.13 40,130 > 4.50 62,425 > 7.00 57,966 > 6.50 Springfield First Community Bank: Total risk-based capital $ 92,355 13.29 % $ 55,576 > 8.00 % $ 72,944 > 10.50 % $ 69,470 > 10.00 % Tier 1 risk-based capital 78,645 11.32 41,682 > 6.00 59,050 > 8.50 55,576 > 8.00 Tier 1 leverage 78,645 10.66 29,499 > 4.00 29,499 > 4.00 36,874 > 5.00 Common equity Tier 1 78,645 11.32 31,262 > 4.50 48,629 > 7.00 45,156 > 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, 2020: Company: Total risk-based capital $ 721,004 14.95 % $ 385,832 > 8.00 % $ 506,404 > 10.50 % $ 482,290 > 10.00 % Tier 1 risk-based capital 546,729 11.34 289,374 > 6.00 409,946 > 8.50 385,832 > 8.00 Tier 1 leverage 546,729 9.49 230,345 > 4.00 230,345 > 4.00 287,931 > 5.00 Common equity Tier 1 508,736 10.55 217,030 > 4.50 337,603 > 7.00 313,488 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 213,608 12.24 % $ 139,581 > 8.00 % $ 183,200 > 10.50 % $ 174,477 > 10.00 % Tier 1 risk-based capital 191,693 10.99 104,686 > 6.00 148,305 > 8.50 139,581 > 8.00 Tier 1 leverage 191,693 8.48 90,430 > 4.00 90,430 > 4.00 113,038 > 5.00 Common equity Tier 1 191,693 10.99 78,514 > 4.50 122,134 > 7.00 113,410 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 217,227 13.14 % $ 132,269 > 8.00 % $ 173,603 > 10.50 % $ 165,336 > 10.00 % Tier 1 risk-based capital 196,438 11.88 99,202 > 6.00 140,536 > 8.50 132,269 > 8.00 Tier 1 leverage 196,438 10.01 78,535 > 4.00 78,535 > 4.00 98,169 > 5.00 Common equity Tier 1 196,438 11.88 74,401 > 4.50 115,735 > 7.00 107,469 > 6.50 Community State Bank: Total risk-based capital $ 108,040 12.69 % $ 68,117 > 8.00 % $ 89,404 > 10.50 % $ 85,146 > 10.00 % Tier 1 risk-based capital 97,350 11.43 51,088 > 6.00 72,374 > 8.50 68,117 > 8.00 Tier 1 leverage 97,350 10.27 37,930 > 4.00 37,930 > 4.00 47,412 > 5.00 Common equity Tier 1 97,350 11.43 38,316 > 4.50 59,602 > 7.00 55,345 > 6.50 Springfield First Community Bank: Total risk-based capital $ 90,334 14.35 % $ 50,357 > 8.00 % $ 66,094 > 10.50 % $ 62,947 > 10.00 % Tier 1 risk-based capital 77,668 12.34 37,768 > 6.00 53,505 > 8.50 50,357 > 8.00 Tier 1 leverage 77,668 10.87 28,575 > 4.00 28,575 > 4.00 35,719 > 5.00 Common equity Tier 1 77,668 12.34 28,326 > 4.50 44,063 > 7.00 40,915 > 6.50

Note 1 - SUMMARY OF SIGNIFICA_2

Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
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 March 31, 2021 are not necessarily indicative of the results expected for the year ending December 31, 2021, 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. ACL: Allowance for credit losses Allowance: Allowance for credit losses GAAP: Generally Accepted Accounting Principles HTM: Held to maturity AOCI: Accumulated other comprehensive income (loss) LIBOR: London Inter-Bank Offered Rate AFS: Available for sale LRP: Loan Relief Program ASC: Accounting Standards Codification m2: m2 Equipment Finance, LLC ASU: Accounting Standards Update MSELF: Main Street Expanded Loan Facility Bates Companies: Bates Financial Advisors, Inc., Bates MSNLF: Main Street New Loan Facility Financial Services, Inc., Bates Securities, Inc. and NIM: Net interest margin Bates Financial Group, Inc. NPA: Nonperforming asset BOLI: Bank-owned life insurance NPL: Nonperforming loan OBS: Off-balance sheet Caps: Interest rate cap derivatives OREO: Other real estate owned CARES Act: Coronavirus Aid, Relief and Economy OTTI: Other-than-temporary impairment Security Act PCAOB: Public Company Accounting Oversight Board CECL: Current Expected Credit Losses PCD: Purchased credit deteriorated loan Community National: Community National Bancorporation PCI: Purchased credit impaired COVID-19: Coronavirus Disease 2019 PPP: Paycheck Protection Program CRBT: Cedar Rapids Bank & Trust Company Provision: Provision for credit losses CRE: Commercial real estate QCBT: Quad City Bank & Trust Company CSB: Community State Bank RB&T: Rockford Bank & Trust Company C&I: Commercial and industrial ROAA: Return on Average Assets EPS: Earnings per share SBA: U.S. Small Business Administration Exchange Act: Securities Exchange Act of 1934, as SEC: Securities and Exchange Commission amended SFCB: Springfield First Community Bank FASB: Financial Accounting Standards Board Springfield Bancshares: Springfield Bancshares, Inc. FDIC: Federal Deposit Insurance Corporation TA: Tangible assets Federal Reserve: Board of Governors of the Federal TCE: Tangible common equity Reserve System TDRs: Troubled debt restructurings FHLB: Federal Home Loan Bank TEY: Tax equivalent yield FRB: Federal Reserve Bank of Chicago The Company: QCR Holdings, Inc.
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 (Topic 326) On March 27, 2020, the CARES Act, a stimulus package designed in response to the economic disruption created by COVID-19, was signed into law. The CARES Act includes provisions that, if elected, temporarily delay the required implementation date of ASU 2016-13. Section 4014 of the CARES Act stipulates that no insured depository institution, bank holding company, or affiliate will be required to comply with ASU 2016-13, beginning on the date of CARES Act’s enactment and continuing until the earlier of: (1) the date on which the national emergency related to the COVID-19 outbreak is terminated or (2) December 31, 2020. On December 27, 2020, former President Trump signed the Consolidated Appropriations Act, which extended this relief to the earlier of the first day of the Company’s fiscal year after the date the national emergency terminates or January 1, 2022. Based upon guidance from regulators, it was determined the Company could adopt ASU 2016-13 on January 1, 2021, and the Company did adopt on January 1, 2021. The Company has developed a CECL allowance model which calculates allowances over the life of a loan and is largely driven by portfolio characteristics, risk-grading, economic outlook, and other key methodology assumptions. Those assumptions are based upon the existing probability of default and loss given the default framework. The Company utilizes economic and other forecasts over a reasonable and supportable forecast period and then fully reverts back to average historical losses. Results for reporting periods beginning after December 31, 2020 are presented under ASU 2016-13 while prior period amounts continue to be reported in accordance with previously applicable GAAP, which includes a change in terminology from “Allowance for estimated losses on loans/leases” to “Allowance for credit losses.” The Company adopted the standard using a modified retrospective approach and recorded an after tax decrease to retained earnings of $937 thousand as of January 1, 2021 due to the adoption of ASU 2016-13. This transition adjustment included an $8.1 million decrease in the allowance related to loans and leases, an established ACL on held to maturity debt securities of $183 thousand and the established ACL on OBS credit exposures of $9.1 million. The company did not record an ACL on available for sale securities upon adoption of ASU 2016-13. The company elected to not measure an ACL on accrued interest as such accrued interest is written off in a timely manner when deemed uncollectible. Any such write-off of accrued interest will reverse previously recognized interest income. The Company elected not to include accrued interest within the presentation and disclosures of the carrying amount of financial assets held at amortized cost. This election is applicable to the various disclosures included within the financial statements and notes included on the following pages of this Form 10-Q. The Company elected not to utilize the regulatory transition relief issued by federal regulatory authorities in the first quarter of 2020, which allowed banking institutions to delay the impact of CECL on regulatory capital, because the impact on the capital ratios of the Company and its subsidiary banks was not significant. The following table illustrates the impact of ASU 2016-13 as of January 1, 2021: As Reported Pre- Impact of Under ASU 2016-13 ASU 2016-13 Assets: ASU 2016-13 Adoption Adoption Allowance for credit losses HTM securities $ 183 $ — $ 183 Loans: C&I — 35,421 (35,421) C&I - revolving 2,982 — 2,982 C&I - other 29,130 — 29,130 CRE — 42,161 (42,161) CRE - owner occupied 8,696 — 8,696 CRE - non owner occupied 11,428 — 11,428 Construction & Land Development 11,999 — 11,999 Multi-family 5,836 — 5,836 Direct financing leases — 1,764 (1,764) 1-4 family real estate 5,042 — 5,042 Residential real estate — 3,732 (3,732) Consumer 1,161 1,298 (137) Allowance for credit losses on loans 76,274 84,376 (8,102) Liabilities: Allowance for credit losses on OBS credit exposures 9,117 — 9,117 Loan segmentation under ASU 2016-13 follows different methodology where that segmentation is collateral driven, causing certain segments to contain commercial and non-commercial borrowers, wheras pre ASU 2016-13 segments were borrower driven. Further discussion contained in this quarterly report regarding the loan and lease portfolio as well as ACL on HTM securities and OBS exposures is only relevant for the year 2021 and forward. Discission in Note 1 of the Company's Annual Report on Form 10-K for the year ended December 31, 2020 is still applicable for years prior to 2021.
Loans receivable, held for sale	Loans receivable, held for sale
Loans receivable, held for investment	Loans receivable, held for investment The ACL is measured on a collective (pool) basis when similar risk characteristics exist. The Company discloses the ACL (also known as the allowance) by portfolio segment, and credit quality information, nonaccrual status, and past due status by class of financing receivable. A portfolio segment is the level at which the Company develops and documents a systematic methodology to determine its ACL. A class of financing receivable is a further disaggregation of a portfolio segment based on risk characteristics and the Company’s method for monitoring and assessing credit risk. See the following information and Note 3. The Company’s portfolio segments and class of loans receivable are as follows: ● C&I – revolving ● C&I – other ● CRE – owner occupied ● CRE – non-owner occupied ● Construction and land development ● Multi-family ● 1-4 family real estate ● Consumer The Company’s classes of loans receivable are as follows: ● C&I – revolving ● C&I – other ● CRE – owner occupied ● CRE – non-owner occupied ● Construction and land development ● Multi-family ● Direct financing leases ● 1-4 family real estate ● Consumer Direct financing leases are considered a class of financing receivable within the overall loan/lease portfolio and are included in the C&I other loan segments for ACL. The accounting policies for direct financing leases are disclosed below. Generally, for all classes of loans receivable, loans are considered past due when contractual payments are delinquent for 31 days or greater. For all classes of loans receivable, loans will generally be placed on nonaccrual status when the loan has become 90 days past due (unless the loan is well secured and in the process of collection); or if any of the following conditions exist: ● It becomes evident that the borrower will not make payments, or will not or cannot meet the terms for renewal of a matured loan; ● When full repayment of principal and interest is not expected; ● When the loan is graded “doubtful”; ● When the borrower files bankruptcy and an approved plan of reorganization or liquidation is not anticipated in the near future; or ● When foreclosure action is initiated. When a loan is placed on nonaccrual status, income recognition is ceased. Previously recorded but uncollected amounts of interest on nonaccrual loans are reversed at the time the loan is placed on nonaccrual status. Generally, cash collected on nonaccrual loans is applied to principal. Should full collection of principal be expected, cash collected on nonaccrual loans can be recognized as interest income. For all classes of loans receivable, nonaccrual loans may be restored to accrual status provided the following criteria are met: ● The loan is current, and all principal and interest amounts contractually due have been made; ● All principal and interest amounts contractually due, including past due payments, are reasonably assured of repayment within a reasonable period; and ● There is a period of minimum repayment performance, as follows, by the borrower in accordance with contractual terms: o Six months of repayment performance for contractual monthly payments, or o One year of repayment performance for contractual quarterly or semi-annual payments. Direct finance leases receivable, held for investment recorded as lease receivables when the lease is signed and the lease property delivered to the customer. The excess of the minimum lease payments and residual values over the cost of the equipment is recorded as unearned lease income. Unearned lease income is recognized over the term of the lease on a basis that results in an approximate level rate of return on the unrecovered lease investment. Lease income is recognized on the interest method. Residual value is the estimated fair market value of the equipment on lease at the lease termination. In estimating the equipment’s fair value at lease termination, the Company relies on historical experience by equipment type and manufacturer and, where available, valuations by independent appraisers, adjusted for known trends. The Company’s estimates are reviewed continuously to ensure reasonableness; however, the amounts the Company will ultimately realize could differ from the estimated amounts. If the review results in a lower estimate than had been previously established, a determination is made as to whether the decline in estimated residual value is other-than temporary. If the decline in estimated unguaranteed residual value is judged to be other-than-temporary, the accounting for the transaction is revised using the changed estimate. The resulting reduction in the investment is recognized as a loss in the period in which the estimate is changed. An upward adjustment of the estimated residual value is not recorded. The policies for delinquency and nonaccrual for direct financing leases are materially consistent with those described above for all classes of loan receivables.
Troubled debt restructuring	TDRs The following criteria, related to granting a concession, together or separately, create a TDR: ● A modification of terms of a debt such as one or a combination of: o The reduction of the stated interest rate to a rate lower than the current market rate for new debt with similar risk. o The extension of the maturity date or dates at a stated interest rate lower than the current market rate for new debt with similar risk. o The reduction of the face amount or maturity amount of the debt as stated in the instrument or other agreement. o The reduction of accrued interest. ● A transfer from the borrower/lessee to the Company of receivables from third parties, real estate, other assets, or an equity position in the borrower to fully or partially satisfy a loan. ● The issuance or other granting of an equity position to the Company to fully or partially satisfy a debt unless the equity position is granted pursuant to existing terms for converting the debt into an equity position.
Allowance	Allowance Allowance for Credit Losses on Loans and Leases The ACL on loans is measured on a collective (pool) basis when similar risk characteristics exist. The Company has identified the eight portfolio segments at which the allowance will be measured. For all portfolio segments, the allowance is established as losses are estimated to have occurred through a provision that is charged to earnings. Credit losses on loans and leases, for all portfolio segments, are charged against the allowance when management believes the uncollectibility of a loan/lease balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The Company’s methodologies for estimating the allowance for credit losses consider available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The methodologies apply historical loss information -- adjusted for asset-specific characteristics, economic conditions at the measurement date, and forecasts about future economic conditions that are expected to exist through the contractual lives of the financial assets and that are reasonable and supportable -- to the identified pools of financial assets with similar risk characteristics for which the historical loss experience was observed. The Company will immediately and fully revert back to average historical losses when it can no longer develop reasonable and supportable forecasts. A discussion of the risk characteristics and the allowance by each loan portfolio segment follows: For C&I loans, both revolving lines of credit and other C&I, the Company focuses on small and mid-sized businesses with primary operations as wholesalers, manufacturers, building contractors, business services companies, other banks, and retailers. The Company provides a wide range of C&I loans, including lines of credit for working capital and operational purposes, and term loans for the acquisition of facilities, equipment and other purposes. Approval is generally based on the following factors: ● Ability and stability of current management of the borrower; ● Stable earnings with positive financial trends; ● Sufficient cash flow to support debt repayment; ● Earnings projections based on reasonable assumptions; ● Financial strength of the industry and business; and ● Value and marketability of collateral. Collateral for C&I loans generally includes accounts receivable, inventory, equipment and real estate. The Company’s lending policy specifies approved collateral types and corresponding maximum advance percentages. The value of collateral pledged on loans must exceed the loan amount by a margin sufficient to absorb potential erosion of its value in the event of foreclosure and cover the loan amount plus costs incurred to convert it to cash. The Company’s lending policy specifies maximum term limits for C&I loans. For term loans, the maximum term is generally 7 years with average terms ranging from 3 In addition, the Company often takes personal guarantees or cosigners to help assure repayment. Loans may be made on an unsecured basis if warranted by the overall financial condition of the borrower. CRE is segmented into the following categories generally based on source of repayment: Owner occupied CRE, non-owner occupied CRE and multi-family. CRE loans are also embedded in the following segments: construction and land development and 1-4 family real estate. CRE loans are subject to underwriting standards and processes similar to C&I loans, in addition to those standards and processes specific to real estate loans. Collateral for CRE loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The Company’s lending policy specifies maximum loan-to-value limits based on the category of CRE (CRE loans on improved property, raw land, land development, and commercial construction). These limits are the same limits established by regulatory authorities. Multi-family loans provide a source of repayment from rental income. The Company’s lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. In addition, the Company often takes personal guarantees to help assure repayment. Construction loans include any loans to finance the construction of any new residential property, CRE property or major rehabilitation or expansion of existing commercial structures. Construction lending carries a high degree of risk because of the difficulty of protecting the bank against a myriad of pitfalls. The following factors are evaluated when underwriting these types of loans: ● Borrowers/contractors experience and ability is analyzed with the type and size of project being considered. ● Financial ability to cover cost overruns. ● Reliability and thoroughness of cost projections and reasonable assurance that significant provisions are made for contingencies for soft costs especially interest and operating deficits. ● Reliability of the estimate of time to complete the project. The land development portfolio also includes other land loans such as raw land. The raw land component involves considerable risk to the bank and is reserved for the Bank’s most credit worthy borrowers. Land development loans are typically only made to experienced local developers with successful track records. For all loans the allowance consists of pooled and individually analyzed components. Pooled loan allowances consist of quantitative and qualitative factors and cover loan classes that share similar risk characteristics with other assets in the segmented pool. Quantitative Factors: The quantitative factors are based on the probability of default and loss given default derived from historical net charge-off experience, repayment activity and default, remaining life, and current economic conditions as well as economic outlook. Qualitative Factors: The Company’s allowance methodology also has a qualitative component, the purpose of which is to provide management with a means to take into consideration changes in current conditions that could potentially have an effect, up or down, on the level of recognized loan losses, that, for whatever reason, fail to show up in the quantitative analysis performed in determining its base loan loss rates. The Company utilizes the following qualitative factors: ● National and local economy ● Loan volume and trend ● Loan quality ● Loan policies and procedures ● Management and staff experience ● Concentrations ● Collateral ● Loan review system ● Regulatory environment and oversight The qualitative adjustments are based on the current condition and applied as a percentage adjustment in addition to the calculated historical loss rates. The adjustment amount can be either positive or negative depending whether or not the current condition is better or worse than the historical average. These adjustments reflect the extent to which the Company expects current conditions to differ from the conditions that existed for the period over which historical information was evaluated. Economic Forecasting: The Company uses reasonable and supportable forecasts over the contractual term of the financial assets for each entity. This measurement is based upon relevant past events, historical experience and current conditions to determine the forecasted data which requires significant judgement. When management no longer has sufficient information to make a reasonable and supportable forecast, the data will then immediately revert back to the average historical performance for each entity. It is expected that actual economic conditions will, in many circumstances, turn out differently than forecasted because the ultimate outcomes during the forecast period may be affected by events that were unforeseen, such as economic disruption and fiscal or monetary policy actions, which are exacerbated by longer forecasting periods. This uncertainty would be relevant to the entity’s confidence level as to the outcomes being forecasted. That is, an entity is likely less confident in the ultimate outcome of events that will occur at the end of the forecast period as compared to the beginning. As a result, actual future economic conditions may not be an effective indicator of the quality of the Company’s forecasting process, including the length of the forecast period. Loans are determined to no longer share similar risk characteristics with other assets in the segmented pool when their scheduled payments of principal and interest according to the contractual terms of the loan agreement, have a greater probability of uncollectibility based on current information and events. Such events include past due status of 90 days or more, non-accrual status or classification of a substandard or doubtful risk rating. Factors considered by management in determining risk rating and non-accrual status include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not considered low quality. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Allowances for these low quality loans are measured on a case-by-case basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Some loans that are determined to no longer share risk characteristics with other assets in the segmented pool, may be deemed collateral dependent. A financial asset is collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. When it is determined that foreclosure is probable, the collateral’s fair value is used to estimate the financial assets expected credit losses for the current reporting period. This fair value is then reduced by the present value of estimated costs to sell. If it is determined that the asset is collateral-dependent but foreclosure is not probable, an institution can elect to apply the practical expedient to use the collateral’s fair value to estimate the asset’s expected credit loss. The Company is choosing to utilize the practical expedient. When using the practical expedient on a collateral dependent loan where repayment is reliant upon the sale of the collateral, the fair value of that collateral will be adjusted for estimated costs to sell. However if the repayment is dependent on the operations of the company the fair market value less estimated cost to sell cannot be used. Thus the net present value of the cash-flow will be utilized. For non-homogenous loans, the Company utilizes the following internal risk rating scale: 1. Highest Quality (Pass) – loans of the highest quality with no credit risk, including those fully secured by subsidiary bank certificates of deposit and U.S. government securities. 2. Superior Quality (Pass) – loans with very strong credit quality. Borrowers have exceptionally strong earnings, liquidity, capital, cash flow coverage, and management ability. Includes loans secured by high quality marketable securities, certificates of deposit from other institutions, and cash value of life insurance. Also includes loans supported by U.S. government, state, or municipal guarantees. 3. Satisfactory Quality (Pass) – loans with satisfactory credit quality. Established borrowers with satisfactory financial condition, including credit quality, earnings, liquidity, capital and cash flow coverage. Management is capable and experienced. Collateral coverage and guarantor support, if applicable, are more than adequate. Includes loans secured by personal assets and business assets, including equipment, accounts receivable, inventory, and real estate. 4. Fair Quality (Pass) – loans with moderate but still acceptable credit quality. The primary repayment source remains adequate; however, management’s ability to maintain consistent profitability is unproven or uncertain. Borrowers exhibit acceptable leverage and liquidity. May include new businesses with inexperienced management or unproven performance records in relation to peers, or borrowers operating in highly cyclical or declining industries. 5. Early Warning (Pass) – loans where the borrowers have generally performed as agreed, however unfavorable financial trends exist or are anticipated. Earnings may be erratic, with marginal cash flow or declining sales. Borrowers reflect leveraged financial condition and/or marginal liquidity. Management may be new and a track record of performance has yet to be developed. Financial information may be incomplete, and reliance on secondary repayment sources may be increasing. 6. Special Mention – loans where the borrowers exhibit credit weaknesses or unfavorable financial trends requiring close monitoring. Weaknesses and adverse trends are more pronounced than Early Warning loans, and if left uncorrected, may jeopardize repayment according to the contractual terms. Currently, no loss of principal or interest is expected. Borrowers in this category have deteriorated to the point that it would be difficult to refinance with another lender. Special Mention should be assigned to borrowers in turnaround situations. This rating is intended as a transitional rating, therefore, it is generally not assigned to a borrower for a period of more than one year . 7. Substandard – loans which are inadequately protected by the current worth and paying capacity of the obligor or of the collateral pledged, if applicable. These loans have a well-defined weakness or weaknesses which jeopardize repayment according to the contractual terms. There is distinct loss potential if the weaknesses are not corrected. Includes loans with insufficient cash flow coverage which are collateral dependent, other real estate owned, and repossessed assets. 8. Doubtful – loans which have all the weaknesses inherent in a Substandard loan, with the added characteristic that existing weaknesses make full principal collection, on the basis of current facts, conditions and values, highly doubtful. The possibility of loss is extremely high, but because of pending factors, recognition of a loss is deferred until a more exact status can be determined. All doubtful loans will be placed on non-accrual, with all payments, including principal and interest, applied to principal reduction. For term C&I and CRE loans greater than $1,000,000, a loan review is required within 15 months of the most recent credit review. The review is completed in enough detail to, at a minimum, validate the risk rating. Additionally, the review shall include an analysis of debt service requirements, covenant compliance, if applicable, and collateral adequacy. The frequency of the review is generally accelerated for loans with poor risk ratings. The Company’s Loan Quality area performs a documentation review of a sampling of C&I and CRE loans, the primary purpose of which is to ensure the credit is properly documented and closed in accordance with approval authorities and conditions. A review is also performed by the Company’s Internal Audit Department of a sampling of C&I and CRE loans for proper documentation, according to an approved schedule. Validation of the risk rating is also part of Internal Audit’s review (performed by Internal Loan Review). Additionally, over the past several years, the Company has contracted an independent outside third party to review a sampling of C&I and CRE loans. Validation of the risk rating is part of this review as well. The Company leases machinery and equipment to C&I customers under direct financing leases. All lease requests are subject to the credit requirements and criteria as set forth in the lending/leasing policy. In all cases, a formal independent credit analysis of the lessee is performed. Direct financing leases are included in the C&I – Other segment and allowance is established in the same manner as C&I loans. Generally, the Company’s residential real estate loans conform to the underwriting requirements of Freddie Mac and Fannie Mae to allow the subsidiary banks to resell loans in the secondary market. The subsidiary banks structure most loans that will not conform to those underwriting requirements as adjustable rate mortgages that mature or adjust in one The Company provides many types of installment and other consumer loans including motor vehicle, home improvement, home equity, signature loans and small personal credit lines. The Company’s lending policy addresses specific credit guidelines by consumer loan type. For residential real estate loans, and installment and other consumer loans, these large groups of smaller balance homogenous loans follow the same methodology as commercial loans in terms of evaluation of risk characteristics, other than these may not be risk rated due to homogenous nature. TDRs follow the same allowance methodology as described above for all loans. Once a loan is classified as a TDR, it will remain a TDR until the loan is paid off, charged off, moved to OREO or restructured into a new note without a concession. TDR status may also be removed if the TDR was restructured in a prior calendar year, is current, accruing interest and shows sustained performance. Allowance for Credit Losses on Off-Balance Sheet Exposures The Company estimates expected credit losses over the contractual term of the loan for the unfunded portion of the loan commitment that is not unconditionally cancellable by the Company. Management uses an estimated average utilization rate to determine the exposure of default. The allowance on unfunded commitments is calculated using probability of default and loss given default using the same segmentation and qualitative factors used for loans and leases. The allowance for OBS exposures is recorded in the Accrued Expenses and Other Liabilities section of the consolidated balance sheet. Allowance for Credit Losses on Held to Maturity Debt Securities The Company measures expected credit losses on held to maturity debt securities on a collective basis based on security type. The estimate of expected credit losses considers historical credit information from external sources. The Company’s held to maturity debt securities consist primarily of investment grade obligations of states and political subdivisions. Allowance for Credit Losses on Available for Sale Debt Securities ASU 2016-13 modifies the impairment model for available for sale debt securities. Available for sale debt securities in unrealized loss positions are evaluated for credit related loss at least quarterly. The decline in fair value of an available for sale debt security due to credit loss results in recording an ACL to the extent the fair value is less than the amortized cost basis. Declines in fair value that have not been recorded through an ACL, such as declines due to changes in market interest rates, are recorded through other comprehensive income, net of applicable taxes. Although these evaluations involve significant judgment, an unrealized loss in the fair value of a debt security is generally considered to not be related to credit when the fair value of the security is below the carrying value primarily due to changes in risk-free interest rates, there has not been significant deterioration in the financial condition of the issuer, and the Company does not intend to sell nor does it believe it will be required to sell the security before the recovery of its cost basis. The Company did not record an allowance for credit losses on AFS debt securities upon adoption of ASU 2016-13.
Risks and uncertainties	Risks and Uncertainties: On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a “Public Health Emergency of International Concern” and on March 11, 2020, declared it to be a pandemic. Actions taken around the world to help mitigate the spread of COVID-19 include restrictions on travel, quarantines in certain areas, and forced closures for certain types of public places and businesses. COVID-19 and actions taken to mitigate the spread of it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, including the geographical area in which the Company operates. On March 27, 2020, the CARES Act was enacted to, among other things, provide emergency assistance for individuals, families and businesses affected by the COVID-19 pandemic. In March 2020, the FASB issued ASU 2020-4, “ Reference Rate Reform

Note 1 - SUMMARY OF SIGNIFICA_3

Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of accounting standards update and change in accounting principle	As Reported Pre- Impact of Under ASU 2016-13 ASU 2016-13 Assets: ASU 2016-13 Adoption Adoption Allowance for credit losses HTM securities $ 183 $ — $ 183 Loans*: C&I — 35,421 (35,421) C&I - revolving 2,982 — 2,982 C&I - other 29,130 — 29,130 CRE — 42,161 (42,161) CRE - owner occupied 8,696 — 8,696 CRE - non owner occupied 11,428 — 11,428 Construction & Land Development 11,999 — 11,999 Multi-family 5,836 — 5,836 Direct financing leases — 1,764 (1,764) 1-4 family real estate 5,042 — 5,042 Residential real estate — 3,732 (3,732) Consumer 1,161 1,298 (137) Allowance for credit losses on loans 76,274 84,376 (8,102) Liabilities: Allowance for credit losses on OBS credit exposures 9,117 — 9,117

Note 2 - INVESTMENT SECURITIES

Note 2 - INVESTMENT SECURITIES (Tables)	3 Months Ended
Note 2 - INVESTMENT SECURITIES (Tables)	Mar. 31, 2021
Notes Tables
Amortized cost and fair value of investment securities	Gross Gross Amortized Unrealized Unrealized Fair Cost* Gains (Losses) Value (dollars in thousands) March 31, 2021: Securities HTM: Municipal securities $ 452,076 $ 38,312 $ (91) $ 490,297 Other securities 1,050 — — 1,050 $ 453,126 $ 38,312 $ (91) $ 491,347 Securities AFS: U.S. govt. sponsored agency securities $ 14,494 $ 352 $ (265) $ 14,581 Residential mortgage-backed and related securities 115,230 3,742 (920) 118,052 Municipal securities 160,703 3,492 (1,622) 162,573 Asset-backed securities 38,620 1,197 (2) 39,815 Other securities 11,679 173 — 11,852 $ 340,726 $ 8,956 $ (2,809) $ 346,873 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains (Losses) Value (dollars in thousands) December 31, 2020: Securities HTM: Municipal securities $ 475,115 $ 45,360 $ (248) $ 520,227 Other securities 1,050 — — 1,050 $ 476,165 $ 45,360 $ (248) $ 521,277 Securities AFS: U.S. govt. sponsored agency securities $ 14,936 $ 447 $ (47) $ 15,336 Residential mortgage-backed and related securities 127,670 5,510 (338) 132,842 Municipal securities 147,241 5,215 (48) 152,408 Asset-backed securities 39,663 1,111 (91) 40,683 Other securities 20,550 147 — 20,697 $ 350,060 $ 12,430 $ (524) $ 361,966
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) March 31, 2021: Securities HTM: Municipal securities $ — $ — $ 8,019 $ (91) $ 8,019 $ (91) Securities AFS: U.S. govt. sponsored agency securities $ 2,963 $ (265) $ — $ — $ 2,963 $ (265) Residential mortgage-backed and related securities 35,721 (919) 157 (1) 35,878 (920) Municipal securities 68,407 (1,622) — — 68,407 (1,622) Asset-backed securities — — 1,998 (2) 1,998 (2) $ 107,091 $ (2,806) $ 2,155 $ (3) $ 109,246 $ (2,809) 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, 2020: Securities HTM: Municipal securities $ 8,407 $ (248) $ — $ — $ 8,407 $ (248) Securities AFS: U.S. govt. sponsored agency securities $ 3,199 $ (47) $ — $ — $ 3,199 $ (47) Residential mortgage-backed and related securities 37,549 (338) — — 37,549 (338) Municipal securities 10,110 (48) — — 10,110 (48) Asset-backed securities 6,884 (52) 9,945 (39) 16,829 (91) $ 57,742 $ (485) $ 9,945 $ (39) $ 67,687 $ (524)
Activity in allowance for credit losses	Three Months Ended March 31, 2021 Municipal securities Other securities Total (dollars in thousands) Allowance for credit losses: Beginning balance $ — $ — $ — Impact of adopting ASU 2016-13 182 1 183 Provision for credit loss expense (9) — (9) Balance, ending $ 173 $ 1 $ 174
Investments classified by maturity date	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Due in one year or less $ 3,592 $ 3,611 Due after one year through five years 32,784 33,424 Due after five years 416,750 454,312 $ 453,126 $ 491,347 Securities AFS: Due in one year or less $ 2,152 $ 2,182 Due after one year through five years 12,888 13,175 Due after five years 171,836 173,649 186,876 189,006 Residential mortgage-backed and related securities 115,230 118,052 Asset-backed securities 38,620 39,815 $ 340,726 $ 346,873
Schedule of investment in callable securities	Amortized Cost Fair Value (dollars in thousands) Securities HTM: Municipal securities $ 246,515 $ 255,969 Securities AFS: Municipal securities 154,432 156,016 Other securities 11,679 11,852 $ 166,111 $ 167,868

Note 3 - LOANS_LEASES RECEIVA_2

Note 3 - LOANS/LEASES RECEIVABLE (Tables)	3 Months Ended
Note 3 - LOANS/LEASES RECEIVABLE (Tables)	Mar. 31, 2021
Notes Tables
Composition of the loan/lease portfolio	2021 (dollars in thousands) C&I: C&I - revolving $ 168,842 C&I - other * 1,616,144 1,784,986 CRE - owner occupied 461,272 CRE - non-owner occupied 610,582 Construction and land development 607,798 Multi-family 396,272 Direct financing leases 60,134 1-4 family real estate* 368,927 Consumer 71,080 4,361,051 Allowance for credit losses (81,831) $ 4,279,220 ** Direct financing leases: Net minimum lease payments to be received $ 66,182 Estimated unguaranteed residual values of leased assets 239 Unearned lease/residual income (6,287) 60,134 Plus deferred lease origination costs, net of fees 905 61,039 Less allowance for credit losses (2,192) $ 58,847 2020 C&I loans* $ 1,726,723 CRE loans Owner-occupied CRE 496,471 Commercial construction, land development, and other land 541,455 Other non owner-occupied CRE 1,069,703 2,107,629 Direct financing leases 66,016 Residential real estate loans * 252,121 Installment and other consumer loans 91,302 4,243,791 Plus deferred loan/lease origination costs, net of fees 7,338 4,251,129 Less allowance (84,376) $ 4,166,753 ** Direct financing leases: Net minimum lease payments to be received $ 72,940 Estimated unguaranteed residual values of leased assets 239 Unearned lease/residual income (7,163) 66,016 Plus deferred lease origination costs, net of fees 1,072 67,088 Less allowance (1,764) $ 65,324 * Includes equipment financing agreements outstanding at m2, totaling $189.3 million and $171.5 million as of March 31, 2021 and December 31, 2020, respectively and PPP loans totaling $243.9 million and $273.1 million as of March 31, 2021 and December 31, 2020, 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 $5.7 million and $3.8 million as of March 31, 2021 and December 31, 2020, respectively.
Changes in accretable yield for acquired loans	Three months ended March 31, 2021 PCI Performing Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ — $ (3,139) $ (3,139) Accretion recognized — 609 609 Balance at the end of the period $ — $ (2,530) $ (2,530) Three months ended March 31, 2020 PCI Performing Loans Loans Total (dollars in thousands) Balance at the beginning of the period $ (57) $ (6,378) $ (6,435) Reclassification of nonaccretable discount to accretable (30) — (30) Accretion recognized 28 653 681 Balance at the end of the period $ (59) $ (5,725) $ (5,784)
Aging of the loan/lease portfolio by classes of loans/leases	As of March 31, 2021 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: C&I - revolving $ 168,809 $ 33 $ — $ — $ — $ 168,842 C&I - other 1,607,456 3,048 425 — 5,215 1,616,144 CRE - owner occupied 460,965 307 — — — 461,272 CRE - non-owner occupied 606,073 — — — 4,509 610,582 Construction and land development 607,721 — — — 77 607,798 Multi-family 396,122 — — — 150 396,272 Direct financing leases 59,482 194 138 — 320 60,134 1-4 family real estate 364,114 1,366 — — 3,447 368,927 Consumer 70,856 79 — — 145 71,080 $ 4,341,598 $ 5,027 $ 563 $ — $ 13,863 $ 4,361,051 As a percentage of total loan/lease portfolio 99.55 % 0.12 % 0.01 % — % 0.32 % 100.00 % As of December 31, 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 $ 1,720,058 $ 1,535 $ 323 $ — $ 4,807 $ 1,726,723 CRE Owner-occupied CRE 496,459 — — — 12 496,471 Commercial construction, land development, and other land 541,455 — — — — 541,455 Other non-owner occupied CRE 1,062,215 — — — 7,488 1,069,703 Direct financing leases 64,918 501 191 — 406 66,016 Residential real estate 249,364 1,512 223 — 1,022 252,121 Installment and other consumer 91,047 43 4 3 205 91,302 $ 4,225,516 $ 3,591 $ 741 $ 3 $ 13,940 $ 4,243,791 As a percentage of total loan/lease portfolio 99.57 % 0.08 % 0.02 % 0.00 % 0.33 % 100.00 %
NPLs by classes of loans/leases	As of March 31, 2021 Accruing Past Nonaccrual Nonaccrual Due 90 Days or Loans/Leases Loans/Leases Percentage of Classes of Loans/Leases More with an ACL* without an ACL* Total NPLs Total NPLs (dollars in thousands) C&I: C&I - revolving $ — $ — $ — $ — - % C&I - other — 4,998 217 5,215 37.61 CRE - owner occupied — — — — - CRE - non-owner occupied — 3,715 794 4,509 32.53 Construction and land development — 77 — 77 0.56 Multi-family — 150 — 150 1.08 Direct financing leases — 193 127 320 2.31 1-4 family real estate — 3,423 24 3,447 24.86 Consumer — 145 — 145 1.05 $ — $ 12,701 $ 1,162 $ 13,863 100.00 % As of December 31, 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 $ — $ 4,807 $ 606 $ 5,413 36.87 % CRE Owner-occupied CRE — 12 — 12 0.08 % Commercial construction, land development, and other land — — — — - % Other non-owner occupied CRE — 7,488 — 7,488 50.99 % Direct financing leases — 406 135 541 3.68 % Residential real estate — 1,022 — 1,022 6.96 % Installment and other consumer 3 205 — 208 1.42 % $ 3 $ 13,940 $ 741 $ 14,684 100.00 % ** Nonaccrual loans/leases included $984 thousand of TDRs, including $836 thousand in CRE loans, $100 thousand in direct financing leases, $48 thousand in installment loans.
Allowance for credit losses on financing receivables	Three Months Ended March 31, 2021 CRE CRE Construction Direct Residential 1-4 C&I - C&I - Owner Non-Owner and Land Multi- Financing Real Family C&I Revolving Other CRE Occupied Occupied Development Family Leases Estate Real Estate Consumer Total (dollars in thousands) Balance, beginning $ 35,421 $ — $ — $ 42,161 $ — $ — $ — $ — $ 1,764 $ 3,732 $ — $ 1,298 $ 84,376 Adoption of ASU 2016-13 (35,421) 2,982 29,130 (42,161) 8,696 11,428 11,999 5,836 (1,764) (3,732) 5,042 (137) (8,102) Provision — 565 4,549 — 451 (286) 328 442 — — 161 (217) 5,993 Charge-offs — — (668) — — — — — — — (44) (1) (713) Recoveries — — 156 — — 13 — — — — 6 102 277 Balance, ending $ — $ 3,547 $ 33,167 $ — $ 9,147 $ 11,155 $ 12,327 $ 6,278 $ — $ — $ 5,165 $ 1,045 $ 81,831 * Included within the C&I – Other column are leases with adoption impact of $685 thousand, provision of $135 thousand ,charge-offs of $198 thousand and recoveries of $76 thousand. ACL on leases was $2.2 million as of March 31, 2021. Three Months Ended March 31, 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 Provision 3,697 3,816 394 336 124 8,367 Charge-offs (1,639) — (600) — (96) (2,335) Recoveries 21 74 45 29 31 200 Balance, ending $ 18,151 $ 19,269 $ 1,303 $ 2,313 $ 1,197 $ 42,233 As of March 31, 2021 Amortized Cost of Loans Receivable Allowance for Credit Losses Individually Collectively Individually Collectively Evaluated for Evaluated for Evaluated for Evaluated for Credit Losses Credit Losses Total Credit Losses Credit Losses Total (dollars in thousands) C&I : C&I - Revolving $ 2,987 $ 165,855 $ 168,842 $ 450 $ 3,097 $ 3,547 C&I - Other* 41,690 1,634,588 1,676,278 4,397 28,770 33,167 44,677 1,800,443 1,845,120 4,847 31,867 36,714 CRE - owner occupied 5,487 455,785 461,272 287 8,860 9,147 CRE - non-owner occupied 23,309 587,273 610,582 1,843 9,312 11,155 Construction and Land Development 10,554 597,244 607,798 11 12,316 12,327 Multi-family 150 396,122 396,272 13 6,265 6,278 1-4 family real wstate 5,305 363,622 368,927 651 4,514 5,165 Consumer 300 70,780 71,080 36 1,009 1,045 $ 89,782 $ 4,271,269 $ 4,361,051 $ 7,688 $ 74,143 $ 81,831
Impaired financing receivables	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 $ 2,260 $ 2,332 $ — $ 1,895 $ 12 $ 12 CRE Owner-occupied CRE 99 115 — 102 — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 1,054 1,054 — 662 7 7 Direct financing leases 1,515 1,515 — 1,440 6 6 Residential real estate 423 407 — 399 — — Installment and other consumer 538 538 — 507 — — $ 5,889 $ 5,961 $ — $ 5,005 $ 25 $ 25 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 86 $ 86 $ 86 $ 43 $ — $ — CRE Owner-occupied CRE — — — — — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 6,528 6,528 1,228 4,698 — — Direct financing leases 59 59 20 61 — — Residential real estate 180 180 15 180 — — Installment and other consumer 77 77 78 79 — — $ 6,930 $ 6,930 $ 1,427 $ 5,061 $ — $ — Total Impaired Loans/Leases: C&I $ 2,346 $ 2,418 $ 86 $ 1,938 $ 12 $ 12 CRE Owner-occupied CRE 99 115 — 102 — — Commercial construction, land development, and other land — — — — — — Other non-owner occupied CRE 7,582 7,582 1,228 5,360 7 7 Direct financing leases 1,574 1,574 20 1,501 6 6 Residential real estate 603 587 15 579 — — Installment and other consumer 615 615 78 586 — — $ 12,819 $ 12,891 $ 1,427 $ 10,066 $ 25 $ 25 December 31, 2020 Recorded Unpaid 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
Schedule of loans receivable by collateral type	As of March 31, 2021 Non Commercial Owner-Occupied Owner Occupied Assets Real Estate Real Estate Securities Equipment Other Total (dollars in thousands) C & I: C&I - Revolving $ 2,513 $ — $ — $ — $ 474 $ — $ 2,987 C&I - Other* 1,030 — 2,630 6,235 31,783 12 41,690 3,543 — 2,630 6,235 32,257 12 44,677 CRE - owner occupied — — 5,487 — — — 5,487 CRE - non-owner occupied — 23,309 — — — — 23,309 Construction and Land Development — 10,477 77 — — — 10,554 Multi-family — 150 — — — — 150 1-4 Family Real Estate — 2,719 2,586 — — — 5,305 Consumer — — 298 — — 2 300 $ 3,543 $ 36,655 $ 11,078 $ 6,235 $ 32,257 $ 14 $ 89,782
Schedule of financing receivable credit quality indicators based on internally assigned Risk rating	As of March 31, 2021 Term Loans Amortized Cost Basis by Origination Year Revolving Loans Internally Assigned Amortized Risk Rating 2021 2020 2019 2018 2017 Prior Cost Basis Total (dollars in thousands) C&I - revolving Pass (Ratings 1 through 5) $ — $ — $ — $ — $ — $ — $ 162,696 $ 162,696 Special Mention (Rating 6) — — — — — — 3,159 3,159 Substandard (Rating 7) — — — — — — 2,987 2,987 Doubtful (Rating 8) — — — — — — — — Total C&I - revolving $ — $ — $ — $ — $ — $ — $ 168,842 $ 168,842 C&I - other Pass (Ratings 1 through 5) $ 235,962 $ 585,345 $ 236,279 $ 135,169 $ 126,353 $ 65,041 $ — $ 1,384,149 Special Mention (Rating 6) 155 717 — — 542 1,401 — 2,815 Substandard (Rating 7) 58 7,109 25,844 434 167 6,224 — 39,836 Doubtful (Rating 8) — — — — — — — — Total C&I - other $ 236,175 $ 593,171 $ 262,123 $ 135,603 $ 127,062 $ 72,666 $ — $ 1,426,800 CRE - owner occupied Pass (Ratings 1 through 5) $ 45,903 $ 176,851 $ 66,254 $ 46,025 $ 32,743 $ 75,721 $ 9,216 $ 452,713 Special Mention (Rating 6) 604 57 180 264 676 1,297 — 3,078 Substandard (Rating 7) 224 1,000 929 1,270 2,058 — — 5,481 Doubtful (Rating 8) — — — — — — — — Total CRE - owner occupied $ 46,731 $ 177,908 $ 67,363 $ 47,559 $ 35,477 $ 77,018 $ 9,216 $ 461,272 CRE - non-owner occupied Pass (Ratings 1 through 5) $ 36,894 $ 180,112 $ 98,515 $ 76,057 $ 79,124 $ 64,414 $ 8,625 $ 543,741 Special Mention (Rating 6) 3,481 8,825 3,265 15,424 4,242 7,307 997 43,541 Substandard (Rating 7) 438 794 19,233 504 963 700 668 23,300 Doubtful (Rating 8) — — — — — — — — Total CRE - non-owner occupied $ 40,813 $ 189,731 $ 121,013 $ 91,985 $ 84,329 $ 72,421 $ 10,290 $ 610,582 Construction and land development Pass (Ratings 1 through 5) $ 53,842 $ 207,167 $ 174,028 $ 124,718 $ 12,765 $ 3,141 $ 9,960 $ 585,621 Special Mention (Rating 6) — — — 680 — — — 680 Substandard (Rating 7) — — 10,478 — — — — 10,478 Doubtful (Rating 8) — — — — — — — — Total Construction and land development $ 53,842 $ 207,167 $ 184,506 $ 125,398 $ 12,765 $ 3,141 $ 9,960 $ 596,779 Multi-family Pass (Ratings 1 through 5) $ 49,494 $ 213,302 $ 64,817 $ 47,082 $ 7,496 $ 13,666 $ 265 $ 396,122 Special Mention (Rating 6) — — — — — — — — Substandard (Rating 7) — — — 150 — — — 150 Doubtful (Rating 8) — — — — — — — — Total Multi-family $ 49,494 $ 213,302 $ 64,817 $ 47,232 $ 7,496 $ 13,666 $ 265 $ 396,272 1-4 family real estate Pass (Ratings 1 through 5) $ 10,273 $ 37,895 $ 22,631 $ 15,897 $ 8,273 $ 13,523 $ 5,862 $ 114,354 Special Mention (Rating 6) 38 — — — 154 1 — 193 Substandard (Rating 7) — — — 137 2,537 76 — 2,750 Doubtful (Rating 8) — — — — — — — — Total 1-4 family real estate $ 10,311 $ 37,895 $ 22,631 $ 16,034 $ 10,964 $ 13,600 $ 5,862 $ 117,297 Total $ 437,366 $ 1,419,174 $ 722,453 $ 463,811 $ 278,093 $ 252,512 $ 204,435 $ 3,777,844
Schedule of financing receivable credit quality indicators based on delinquency status	As of March 31, 2021 Term Loans Amortized Cost Basis by Origination Year Revolving Loans Amortized Delinquency Status * 2021 2020 2019 2018 2017 Prior Cost Basis Total (dollars in thousands) C&I - other Performing $ 32,767 $ 70,614 $ 49,733 $ 24,868 $ 9,052 $ 1,153 $ — $ 188,187 Nonperforming — 123 683 198 136 17 — 1,157 Total C&I - other $ 32,767 $ 70,737 $ 50,416 $ 25,066 $ 9,188 $ 1,170 $ — $ 189,344 Direct financing leases Performing $ 304 $ 16,671 $ 16,717 $ 14,678 $ 7,873 $ 3,571 $ — $ 59,814 Nonperforming — — 19 139 78 84 — 320 Total Direct financing leases $ 304 $ 16,671 $ 16,736 $ 14,817 $ 7,951 $ 3,655 $ — $ 60,134 Construction and land development Performing $ 1,270 $ 8,723 $ 429 $ 520 $ — $ — $ — $ 10,942 Nonperforming — — — — 77 — — 77 Total Construction and land development $ 1,270 $ 8,723 $ 429 $ 520 $ 77 $ — $ — $ 11,019 1-4 family real estate Performing $ 36,985 $ 91,997 $ 27,115 $ 15,035 $ 15,774 $ 63,932 $ 64 $ 250,902 Nonperforming — 31 72 — — 625 — 728 Total 1-4 family real estate $ 36,985 $ 92,028 $ 27,187 $ 15,035 $ 15,774 $ 64,557 $ 64 $ 251,630 Consumer Performing $ 2,446 $ 7,760 $ 3,337 $ 2,810 $ 997 $ 3,789 $ 49,796 $ 70,935 Nonperforming — — 47 49 17 32 — 145 Total Consumer $ 2,446 $ 7,760 $ 3,384 $ 2,859 $ 1,014 $ 3,821 $ 49,796 $ 71,080 Total $ 73,772 $ 195,919 $ 98,152 $ 58,297 $ 34,004 $ 73,203 $ 49,860 $ 583,207
Financing receivable credit quality indicators	As of December 31, 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) $ 1,506,578 $ 488,478 $ 530,297 $ 999,931 $ 3,525,284 96.25 % Special Mention (Rating 6) 23,929 3,087 680 43,785 71,481 1.95 % Substandard (Rating 7) 24,710 4,906 10,478 25,987 66,081 1.80 % Doubtful (Rating 8) — — — — — — % $ 1,555,217 $ 496,471 $ 541,455 $ 1,069,703 $ 3,662,846 100.00 %
Financing receivable credit quality indicators performance status	As of December 31, 2020 Direct Financing Residential Real Installment and As a % of Delinquency Status * C&I Leases Estate Other Consumer Total Total (dollars in thousands) Performing $ 170,712 $ 65,475 $ 251,099 $ 91,094 $ 578,380 99.56 % Nonperforming 794 541 1,022 208 2,565 0.44 % $ 171,506 $ 66,016 $ 252,121 $ 91,302 $ 580,945 100.00 %
Number and recorded investment of TDRs, by type of concession	For the three months ended March 31, 2020 Pre- Post- Modification Modification Number of Recorded Recorded Specific Classes of Loans/Leases Loans / Leases Investment Investment Allowance (dollars in thousands) CONCESSION - Significant Payment Delay C & I 2 $ 111 $ 111 $ — Direct Financing Leases 1 68 68 — TOTAL 3 $ 179 $ 179 $ —
Unfunded Loan Commitment
Notes Tables
Financing receivable credit quality indicators	Three Months Ended March 31, 2021 March 31, 2020 (dollars in thousands) Balance, beginning $ — $ — Impact of adopting ASU 2016-13 9,117 — Provisions charged to expense 729 — Balance, ending $ 9,846 $ —

NOTE 4 - DERIVATIVES AND HEDG_2

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	3 Months Ended
NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Tables)	Mar. 31, 2021
Notes Tables
Summary of derivatives	March 31, 2021 December 31, 2020 (dollars in thousands) Assets: Interest rate caps - hedged $ 892 $ 259 Interest rate caps 231 67 Interest rate swaps 121,545 222,431 $ 122,668 $ 222,757 Liabilities: Interest rate swaps - hedged $ (4,318) $ (6,839) Interest rate swaps (121,545) (222,431) $ (125,863) $ (229,270)
Schedule of hedged interest rate swaps and non-hedged interest rate swaps are collateralized by investment securities with carrying values	March 31, 2021 December 31, 2020 (dollars in thousands) Cash $ 6,790 $ 45,719 U.S govt. sponsored agency securities 3,612 3,628 Municipal securities 85,895 85,937 Residential mortgage-backed and related securities 78,733 89,646 $ 175,030 $ 224,930
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 March 31, 2021 December 31, 2020 (dollars in thousands) Deposits 1/1/2020 1/1/2023 Other Assets $ 25,000 1.75 % $ 8 $ 3 Deposits 1/1/2020 1/1/2023 Other Assets 50,000 1.57 17 5 Deposits 1/1/2020 1/1/2023 Other Assets 25,000 1.80 8 3 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.75 52 15 Deposits 1/1/2020 1/1/2024 Other Assets 50,000 1.57 108 31 Deposits 1/1/2020 1/1/2024 Other Assets 25,000 1.80 54 15 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.75 159 46 Deposits 1/1/2020 1/1/2025 Other Assets 50,000 1.57 324 94 Deposits 1/1/2020 1/1/2025 Other Assets 25,000 1.80 162 47 $ 300,000 $ 892 $ 259
Changes in the fair value of the underlying derivative contracts	Balance Sheet Fair Value as of Effective Date Maturity Date Location Notional Amount Strike Rate March 31, 2021 December 31, 2020 (dollars in thousands) 1/1/2020 1/1/2023 Other Assets $ 25,000 1.90 % $ 7 $ 2 2/1/2020 2/1/2024 Other Assets 25,000 1.90 52 15 3/1/2020 3/1/2025 Other Assets 25,000 1.90 172 50 $ 75,000 $ 231 $ 67
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 March 31, 2021 December 31, 2020 (dollars in thousands) QCR Holdings Statutory Trust II 9/30/2018 9/30/2028 Derivatives - Liabilities 10,000 3.05 % 5.85 % (1,113) (1,767) QCR Holdings Statutory Trust III 9/30/2018 9/30/2028 Derivatives - Liabilities 8,000 3.05 % 5.85 % (891) (1,414) QCR Holdings Statutory Trust V 7/7/2018 7/7/2028 Derivatives - Liabilities 10,000 1.79 % 4.54 % (1,091) (1,721) Community National Statutory Trust II 9/20/2018 9/20/2028 Derivatives - Liabilities 3,000 2.36 % 5.17 % (334) (529) Community National Statutory Trust III 9/15//2018 9/15/2028 Derivatives - Liabilities 3,500 1.93 % 4.75 % (389) (616) Guaranty Bankshares Statutory Trust I 9/15/2018 9/15/2028 Derivatives - Liabilities 4,500 1.93 % 4.75 % (500) (792) $ 39,000 2.45 % 5.24 % $ (4,318) $ (6,839)
Changes in the fair value of the underlying derivative contracts	March 31, 2021 December 31, 2020 Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value (dollars in thousands) Non-Hedging Interest Rate Derivatives Assets: Interest rate swap contracts $ 3,062,090 $ 121,545 $ 1,539,602 $ 222,431 Non-Hedging Interest Rate Derivatives Liabilities: Interest rate swap contracts $ 3,062,090 $ 121,545 $ 1,539,602 $ 222,431

NOTE 5 - INCOME TAXES (Tables)

NOTE 5 - INCOME TAXES (Tables)	3 Months Ended
NOTE 5 - INCOME TAXES (Tables)	Mar. 31, 2021
Notes Tables
Reconciliation of the expected federal income tax expense	For the Three Months Ended March 31, 2021 2020 % of % of Pretax Pretax Amount Income Amount Income (dollars in thousands) Computed "expected" tax expense $ 4,520 21.0 % $ 2,754 21.0 % Tax exempt income, net (1,719) (8.0) (1,225) (9.3) Bank-owned life insurance (99) (0.5) (55) (0.4) State income taxes, net of federal benefit, current year 1,024 4.8 677 5.2 Tax credits (57) (0.3) (116) (0.9) Excess tax benefit on stock options exercised and restricted stock awards vested (164) (0.8) (264) (2.0) Other 36 0.2 113 0.8 Federal and state income tax expense $ 3,541 16.4 % $ 1,884 14.4 %

NOTE 6 - EARNINGS PER SHARE (Ta

NOTE 6 - EARNINGS PER SHARE (Tables)	3 Months Ended
NOTE 6 - EARNINGS PER SHARE (Tables)	Mar. 31, 2021
Earnings per Share
Schedule of computation of earnings per share on a basic and diluted basis	Three months ended March 31, 2021 2020 (dollars in thousands, except share data) Net income $ 17,982 $ 11,228 Basic EPS $ 1.14 $ 0.71 Diluted EPS $ 1.12 $ 0.70 Weighted average common shares outstanding 15,803,643 15,796,796 Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan 221,905 214,660 Weighted average common and common equivalent shares outstanding 16,025,548 16,011,456

NOTE 7 - FAIR VALUE (Tables)

NOTE 7 - FAIR VALUE (Tables)	3 Months Ended
NOTE 7 - FAIR VALUE (Tables)	Mar. 31, 2021
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) March 31, 2021: Securities AFS: U.S. govt. sponsored agency securities $ 14,581 $ — $ 14,581 $ — Residential mortgage-backed and related securities 118,052 — 118,052 — Municipal securities 162,573 — 162,573 — Asset-backed securities 39,815 — 39,815 — Other securities 11,852 — 11,852 — Derivatives 122,668 — 122,668 — Total assets measured at fair value $ 469,541 $ — $ 469,541 $ — Derivatives $ 125,863 $ — $ 125,863 $ — Total liabilities measured at fair value $ 125,863 $ — $ 125,863 $ — December 31, 2020: Securities AFS: U.S. govt. sponsored agency securities $ 15,336 $ — $ 15,336 $ — Residential mortgage-backed and related securities 132,842 — 132,842 — Municipal securities 152,408 — 152,408 — Asset-backed securities 40,683 — 40,683 — Other securities 20,697 — 20,697 — Derivatives 222,757 — 222,757 — Total assets measured at fair value $ 584,723 $ — $ 584,723 $ — Derivatives $ 229,270 $ — $ 229,270 $ — Total liabilities measured at fair value $ 229,270 $ — $ 229,270 $ — 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) March 31, 2021: Loans/leases evaluated individually $ 31,472 $ — $ — $ 31,472 OREO 187 — — 187 $ 31,659 $ — $ — $ 31,659 December 31, 2020: Loans/leases evaluated individually $ 9,926 $ — $ — $ 9,926 OREO 22 — — 22 $ 9,948 $ — $ — $ 9,948
Schedule of assets measured at fair value, valuation techniques	Quantitative Information about Level Fair Value Measurements Fair Value Fair Value March 31, December 31, 2021 2020 Valuation Technique Unobservable Input Range (dollars in thousands) Loans/leases evaluated individually $ 31,472 $ 9,926 Appraisal of collateral Appraisal adjustments -10.00 % to -30.00 % OREO 187 22 Appraisal of collateral Appraisal adjustments 0.00 % to -35.00 %
Schedule of assets and liabilities measured at fair value	Fair Value As of March 31, 2021 As of December 31, 2020 Hierarchy Carrying Estimated Carrying Estimated Level Value Fair Value Value Fair Value (dollars in thousands) Cash and due from banks Level 1 $ 78,814 $ 78,814 $ 61,329 $ 61,329 Federal funds sold Level 2 1,350 1,350 9,080 9,080 Interest-bearing deposits at financial institutions Level 2 53,706 53,706 86,596 86,596 Investment securities: HTM Level 2 452,952 491,347 476,165 521,277 AFS Level 2 346,873 346,873 361,966 361,966 Loans/leases receivable, net Level 3 29,141 31,472 9,191 9,926 Loans/leases receivable, net Level 2 4,250,079 4,200,051 4,157,562 4,112,735 Derivatives Level 2 122,668 122,668 222,757 222,757 Deposits: Nonmaturity deposits Level 2 4,185,632 4,182,630 4,138,478 4,138,478 Time deposits Level 2 446,150 447,790 460,659 465,681 Short-term borrowings Level 2 6,840 6,840 5,430 5,430 FHLB advances Level 2 25,000 24,998 15,000 14,998 Subordinated notes Level 2 118,731 121,545 118,691 112,406 Junior subordinated debentures Level 2 38,030 30,744 37,993 30,618 Derivatives Level 2 125,863 125,863 229,270 229,270

NOTE 8 - BUSINESS SEGMENT INF_2

NOTE 8 - BUSINESS SEGMENT INFORMATION (Tables)	3 Months Ended
NOTE 8 - BUSINESS SEGMENT INFORMATION (Tables)	Mar. 31, 2021
Notes Tables
Schedule of business segment information	Commercial Banking Intercompany Consolidated QCBT CRBT CSB SFCB All other Eliminations Total (dollars in thousands) Three Months Ended March 31, 2021 Total revenue $ 21,284 $ 30,357 $ 10,423 $ 8,746 $ 366 $ (122) $ 71,054 Net interest income 15,786 13,606 8,368 6,069 (2,102) 248 41,975 Provision for credit losses 2,112 2,184 1,366 1,051 — — 6,713 Net income (loss) from continuing operations 7,164 11,396 2,062 2,269 17,948 (22,857) 17,982 Goodwill 3,223 14,980 9,888 45,975 — — 74,066 Intangibles — 2,067 3,143 5,663 — — 10,873 Total assets 2,101,634 1,847,070 1,041,861 818,605 791,254 (955,277) 5,645,147 Three Months Ended March 31, 2020 Total revenue $ 21,686 $ 22,879 $ 10,221 $ 8,691 $ 16,416 $ (15,715) $ 64,178 Net interest income 14,428 11,386 7,500 5,642 (1,488) 230 37,698 Provision for loan/lease losses 3,183 2,250 1,964 970 — — 8,367 Net income (loss) from continuing operations 5,725 6,461 1,065 2,207 11,025 (15,255) 11,228 Goodwill 3,223 14,980 9,888 45,975 182 — 74,248 Intangibles — 2,560 3,812 6,573 1,476 — 14,421 Total assets 1,914,785 1,719,773 863,903 708,735 695,511 (670,632) 5,232,075

NOTE 9 - REGULATORY CAPITAL R_2

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS (Tables)	3 Months Ended
NOTE 9 - REGULATORY CAPITAL REQUIREMENTS (Tables)	Mar. 31, 2021
Notes Tables
Schedule of the company and the subsidiary banks actual capital amounts and ratios	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 March 31, 2021: Company: Total risk-based capital $ 740,281 14.85 % $ 398,804 > 8.00 % $ 523,430 > 10.50 % $ 498,505 > 10.00 % Tier 1 risk-based capital 563,872 11.31 299,103 > 6.00 423,729 > 8.50 398,804 > 8.00 Tier 1 leverage 563,872 10.10 223,424 > 4.00 223,424 > 4.00 279,280 > 5.00 Common equity Tier 1 525,842 10.55 224,327 > 4.50 348,953 > 7.00 324,028 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 219,423 12.70 % $ 138,239 > 8.00 % $ 181,439 > 10.50 % $ 172,799 > 10.00 % Tier 1 risk-based capital 197,676 11.44 103,679 > 6.00 146,879 > 8.50 138,239 > 8.00 Tier 1 leverage 197,676 9.17 86,225 > 4.00 86,225 > 4.00 107,781 > 5.00 Common equity Tier 1 197,676 11.44 77,759 > 4.50 120,959 > 7.00 112,319 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 231,341 13.59 % $ 136,200 > 8.00 % $ 178,762 > 10.50 % $ 170,250 > 10.00 % Tier 1 risk-based capital 209,954 12.33 102,150 > 6.00 144,712 > 8.50 136,200 > 8.00 Tier 1 leverage 209,954 11.27 74,536 > 4.00 74,536 > 4.00 93,170 > 5.00 Common equity Tier 1 209,954 12.33 76,612 > 4.50 119,175 > 7.00 110,662 > 6.50 Community State Bank: Total risk-based capital $ 110,491 12.39 % $ 71,343 > 8.00 % $ 93,637 > 10.50 % $ 89,178 > 10.00 % Tier 1 risk-based capital 99,284 11.13 53,507 > 6.00 75,801 > 8.50 71,343 > 8.00 Tier 1 leverage 99,284 9.90 40,116 > 4.00 40,116 > 4.00 50,144 > 5.00 Common equity Tier 1 99,284 11.13 40,130 > 4.50 62,425 > 7.00 57,966 > 6.50 Springfield First Community Bank: Total risk-based capital $ 92,355 13.29 % $ 55,576 > 8.00 % $ 72,944 > 10.50 % $ 69,470 > 10.00 % Tier 1 risk-based capital 78,645 11.32 41,682 > 6.00 59,050 > 8.50 55,576 > 8.00 Tier 1 leverage 78,645 10.66 29,499 > 4.00 29,499 > 4.00 36,874 > 5.00 Common equity Tier 1 78,645 11.32 31,262 > 4.50 48,629 > 7.00 45,156 > 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, 2020: Company: Total risk-based capital $ 721,004 14.95 % $ 385,832 > 8.00 % $ 506,404 > 10.50 % $ 482,290 > 10.00 % Tier 1 risk-based capital 546,729 11.34 289,374 > 6.00 409,946 > 8.50 385,832 > 8.00 Tier 1 leverage 546,729 9.49 230,345 > 4.00 230,345 > 4.00 287,931 > 5.00 Common equity Tier 1 508,736 10.55 217,030 > 4.50 337,603 > 7.00 313,488 > 6.50 Quad City Bank & Trust: Total risk-based capital $ 213,608 12.24 % $ 139,581 > 8.00 % $ 183,200 > 10.50 % $ 174,477 > 10.00 % Tier 1 risk-based capital 191,693 10.99 104,686 > 6.00 148,305 > 8.50 139,581 > 8.00 Tier 1 leverage 191,693 8.48 90,430 > 4.00 90,430 > 4.00 113,038 > 5.00 Common equity Tier 1 191,693 10.99 78,514 > 4.50 122,134 > 7.00 113,410 > 6.50 Cedar Rapids Bank & Trust: Total risk-based capital $ 217,227 13.14 % $ 132,269 > 8.00 % $ 173,603 > 10.50 % $ 165,336 > 10.00 % Tier 1 risk-based capital 196,438 11.88 99,202 > 6.00 140,536 > 8.50 132,269 > 8.00 Tier 1 leverage 196,438 10.01 78,535 > 4.00 78,535 > 4.00 98,169 > 5.00 Common equity Tier 1 196,438 11.88 74,401 > 4.50 115,735 > 7.00 107,469 > 6.50 Community State Bank: Total risk-based capital $ 108,040 12.69 % $ 68,117 > 8.00 % $ 89,404 > 10.50 % $ 85,146 > 10.00 % Tier 1 risk-based capital 97,350 11.43 51,088 > 6.00 72,374 > 8.50 68,117 > 8.00 Tier 1 leverage 97,350 10.27 37,930 > 4.00 37,930 > 4.00 47,412 > 5.00 Common equity Tier 1 97,350 11.43 38,316 > 4.50 59,602 > 7.00 55,345 > 6.50 Springfield First Community Bank: Total risk-based capital $ 90,334 14.35 % $ 50,357 > 8.00 % $ 66,094 > 10.50 % $ 62,947 > 10.00 % Tier 1 risk-based capital 77,668 12.34 37,768 > 6.00 53,505 > 8.50 50,357 > 8.00 Tier 1 leverage 77,668 10.87 28,575 > 4.00 28,575 > 4.00 35,719 > 5.00 Common equity Tier 1 77,668 12.34 28,326 > 4.50 44,063 > 7.00 40,915 > 6.50

Note 1 - SUMMARY OF SIGNIFICA_4

Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Mar. 31, 2021USD ($)subsidiarysegment	Dec. 31, 2021USD ($)	Jan. 01, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Retained earnings	$ 316,900,000			$ 300,804,000
Less allowance	81,831,000	$ 84,376,000		84,376,000	$ 42,233,000	$ 36,001,000
Debt Securities, Held-to-maturity, Allowance for Credit Loss	$ 174,000
Number of subsidiaries commercial banks \| subsidiary	4
Number of portfolio segments \| segment	8
Financing Receivable, Lines of Credit Maximum Term	1 year
Lending Threshold Requiring Additional Loan Review	$ 1,000,000
Accrued Investment Income Receivable	19,000,000
Cumulative Effect, Period of Adoption, Adjustment [Member]
Less allowance			$ (8,102,000)
Debt Securities, Held-to-maturity, Allowance for Credit Loss			183,000
Off-Balance Sheet, Credit Loss, Liability			9,117,000
Accounting Standards Update 2016-13
Retained earnings	937,000
Less allowance				(8,102,000)
Debt Securities, Held-to-maturity, Allowance for Credit Loss	$ 183,000
Accounting Standards Update 2016-13 \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained earnings			937,000
Less allowance			(8,100,000)
Debt Securities, Held-to-maturity, Allowance for Credit Loss			183,000
Off-Balance Sheet, Credit Loss, Liability			9,100,000
Subsidiaries [Member] \| Fixed Rate Residential Mortgage [Member]
Financing Receivable, Term	15 years
Commercial Portfolio Segment [Member]
Less allowance	$ 36,714,000	$ 35,421,000		35,421,000	$ 18,151,000	$ 16,072,000
Financing Receivable, Term Loans, Generally Maximum Term	7 years
Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Less allowance			$ (35,421,000)
Commercial Portfolio Segment [Member] \| Accounting Standards Update 2016-13
Less allowance				$ (35,421,000)
Minimum
Financing Receivable, Lines of Credit Maximum Term	6 months
Residual Value Percent of Cost	3.00%
Minimum \| Subsidiaries [Member] \| Adjustable Rate Residential Mortgage [Member]
Financing Receivable, Term	1 year
Minimum \| Commercial Portfolio Segment [Member] \| Term Loan [Member]
Financing Receivable, Term	3 years
Maximum
Permanent loans term	20 years
Financing Receivable, Credit Weaknesses Borrowers, Term	365 days
Financing Receivable, Lines of Credit Maximum Term	1 year
Residual Value Percent of Cost	25.00%
Maximum \| Subsidiaries [Member] \| Adjustable Rate Residential Mortgage [Member]
Financing Receivable, Term	5 years
Maximum \| Commercial Portfolio Segment [Member] \| Term Loan [Member]
Financing Receivable, Term	5 years

Note 1 - SUMMARY OF SIGNIFICA_5

Note 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impact of ASU 2016-13 (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Mar. 31, 2021	Jan. 01, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Securities, Held-to-maturity, Allowance for Credit Loss		$ 174
Less allowance for estimated losses on loans/leases	$ 84,376	81,831		$ 84,376	$ 42,233	$ 36,001
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Securities, Held-to-maturity, Allowance for Credit Loss			$ 183
Less allowance for estimated losses on loans/leases			76,274
Off-Balance Sheet, Credit Loss, Liability			9,117
Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Securities, Held-to-maturity, Allowance for Credit Loss			183
Less allowance for estimated losses on loans/leases			(8,102)
Off-Balance Sheet, Credit Loss, Liability			9,117
Commercial Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases	35,421	36,714		35,421	18,151	16,072
Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			(35,421)
Commercial Real Estate Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases	42,161			42,161	19,269	15,379
Commercial Real Estate Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			(42,161)
Construction and Land Development [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		12,327
Multi-family
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		6,278
Multi-family \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			5,836
Multi-family \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			5,836
Direct financing leases
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases	1,764	2,192		1,764	1,303	1,464
Direct financing leases \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			(1,764)
1-4 family real estate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		5,165
1-4 family real estate \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			5,042
1-4 family real estate \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			5,042
Residential real estate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases	3,732			3,732	2,313	1,948
Residential real estate \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			(3,732)
Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases	$ 1,298	1,045		$ 1,298
Consumer \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			1,161
Consumer \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			(137)
Installment and other consumer loans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases					$ 1,197	$ 1,138
C&I - revolving \| Commercial Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		3,547
C&I - revolving \| Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			2,982
C&I - revolving \| Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			2,982
C&I - other \| Commercial Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		33,167
C&I - other \| Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			29,130
C&I - other \| Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			29,130
C&I - other \| Direct financing leases
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		685
CRE - owner occupied \| Commercial Real Estate Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			8,696
CRE - owner occupied \| Commercial Real Estate Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			8,696
CRE - non owner occupied \| Commercial Real Estate Portfolio Segment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		11,155
CRE - non owner occupied \| Commercial Real Estate Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			11,428
CRE - non owner occupied \| Commercial Real Estate Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			11,428
Construction Loans [Member] \| Construction and Land Development [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases		$ 12,327
Construction Loans [Member] \| Construction and Land Development [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			11,999
Construction Loans [Member] \| Construction and Land Development [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less allowance for estimated losses on loans/leases			$ 11,999

Note 2 - INVESTMENT SECURITIE_2

Note 2 - INVESTMENT SECURITIES (Details)	3 Months Ended
Note 2 - INVESTMENT SECURITIES (Details)	Mar. 31, 2021USD ($)itemstateissuer	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)stateitemissuer
Number of securities \| item	644
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions \| item	101
Aggregate losses of securities (as a percent)	0.40%
Available-for-sale, unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year	8
Sale of securities	$ 19,500,000	$ 0
Gain on sale	$ 0
Number Of Charters Owning Municipal Securities \| item	4
Revenue Bonds
Number of issuers \| issuer	2		2
Percentage threshold	5.00%		5.00%
Municipal securities \| General Obligation Bonds
Number of issuers \| item	117		117
Other investments	$ 117,600,000		$ 116,700,000
Number of states holding investments \| state	21		21
Municipal securities \| General Obligation Bonds \| Minimum
Other investments	$ 5,000,000		$ 5,000,000
Municipal securities \| General Obligation Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments \| state	8		8
Municipal securities \| Revenue Bonds
Number of issuers \| item	192		191
Other investments	$ 535,300,000		$ 555,900,000
Number of states holding investments	26		26
Municipal securities \| Revenue Bonds \| Minimum
Other investments	$ 5,000,000		$ 5,000,000
Municipal securities \| Revenue Bonds \| Aggregate Fair Value Exceeding 5 Million [Member]
Number of states holding investments	13		12

Note 2 - INVESTMENT SECURITIE_3

Note 2 - INVESTMENT SECURITIES - Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities held to maturity:
Securities held to maturity, at amortized cost	$ 453,126	$ 476,165
Securities held to maturity, gross unrealized gains	38,312	45,360
Securities held to maturity, gross unrealized (losses)	(91)	(248)
Securities held to maturity, fair value	491,347	521,277
Allowance for credit losses HTM securities	174
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	340,726	350,060
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	8,956	12,430
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(2,809)	(524)
Debt Securities, Available-for-sale	346,873	361,966
Municipal securities
Securities held to maturity:
Securities held to maturity, at amortized cost	452,076	475,115
Securities held to maturity, gross unrealized gains	38,312	45,360
Securities held to maturity, gross unrealized (losses)	(91)	(248)
Securities held to maturity, fair value	490,297	520,227
Allowance for credit losses HTM securities	173
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	160,703	147,241
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	3,492	5,215
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(1,622)	(48)
Debt Securities, Available-for-sale	162,573	152,408
U.S. govt. sponsored agency securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	14,494	14,936
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	352	447
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(265)	(47)
Debt Securities, Available-for-sale	14,581	15,336
Residential mortgage-backed and related securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	115,230	127,670
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	3,742	5,510
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(920)	(338)
Debt Securities, Available-for-sale	118,052	132,842
Asset-backed securities
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	38,620	39,663
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	1,197	1,111
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(2)	(91)
Debt Securities, Available-for-sale	39,815	40,683
Other Securities
Securities held to maturity:
Securities held to maturity, at amortized cost	1,050	1,050
Securities held to maturity, fair value	1,050	1,050
Allowance for credit losses HTM securities	1
Securities available for sale:
Debt Securities, Available-for-sale, Amortized Cost	11,679	20,550
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	173	147
Debt Securities, Available-for-sale	$ 11,852	$ 20,697

Note 2 - INVESTMENT SECURITIE_4

Note 2 - INVESTMENT SECURITIES - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities held to maturity:
Securities held to maturity, less than 12 months, fair value		$ 8,407
Securities held to maturity, less than 12 months, gross unrealized losses		(248)
Securities held to maturity, 12 months or more, fair value	$ 8,019
Securities held to maturity, 12 months or more, gross unrealized losses	(91)
Securities held to maturity, fair value	8,019	8,407
Securities held to maturity, gross unrealized losses	(91)	(248)
Securities available for sale:
Securities available for sale, less than 12 months, fair value	107,091	57,742
Securities available for sale, less than 12 months, gross unrealized losses	(2,806)	(485)
Securities available for sale, 12 months or more, fair value	2,155	9,945
Securities available for sale, 12 months or more, gross unrealized losses	(3)	(39)
Securities available for sale, fair value	109,246	67,687
Securities available for sale, gross unrealized losses	(2,809)	(524)
Municipal securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	68,407	10,110
Securities available for sale, less than 12 months, gross unrealized losses	(1,622)	(48)
Securities available for sale, fair value	68,407	10,110
Securities available for sale, gross unrealized losses	(1,622)	(48)
U.S. govt. sponsored agency securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	2,963	3,199
Securities available for sale, less than 12 months, gross unrealized losses	(265)	(47)
Securities available for sale, fair value	2,963	3,199
Securities available for sale, gross unrealized losses	(265)	(47)
Residential mortgage-backed and related securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value	35,721	37,549
Securities available for sale, less than 12 months, gross unrealized losses	(919)	(338)
Securities available for sale, 12 months or more, fair value	157
Securities available for sale, 12 months or more, gross unrealized losses	(1)
Securities available for sale, fair value	35,878	37,549
Securities available for sale, gross unrealized losses	(920)	(338)
Asset-backed securities
Securities available for sale:
Securities available for sale, less than 12 months, fair value		6,884
Securities available for sale, less than 12 months, gross unrealized losses		(52)
Securities available for sale, 12 months or more, fair value	1,998	9,945
Securities available for sale, 12 months or more, gross unrealized losses	(2)	(39)
Securities available for sale, fair value	1,998	16,829
Securities available for sale, gross unrealized losses	$ (2)	$ (91)

Note 2 - INVESTMENT SECURITIE_5

Note 2 - INVESTMENT SECURITIES - Activity in Allowance for Credit Losses (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Provision for credit loss expense	$ (9)
Balance, ending	174
Accounting Standards Update 2016-13
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Balance, ending	183
Municipal securities
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Provision for credit loss expense	(9)
Balance, ending	173
Municipal securities \| Accounting Standards Update 2016-13
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Balance, ending	182
Other Securities
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Balance, ending	1
Other Securities \| Accounting Standards Update 2016-13
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]
Balance, ending	$ 1

Note 2 - INVESTMENT SECURITIE_6

Note 2 - INVESTMENT SECURITIES - Sales of Securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
INVESTMENT SECURITIES
Proceeds from sales of securities	$ 19.5	$ 0
Gross gains from sales of securities	0
Gross losses from sales of securities	$ 0

Note 2 - INVESTMENT SECURITIE_7

Note 2 - INVESTMENT SECURITIES - Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities held to maturity:
Securities held to maturity, due in one year or less, amortized cost	$ 3,592
Securities held to maturity, due in one year or less, fair value	3,611
Securities held to maturity, due after one year through five years, amortized cost	32,784
Securities held to maturity, due after one year through five years, fair value	33,424
Securities held to maturity, due after five years, amortized cost	416,750
Securities held to maturity, due after five years, fair value	454,312
Securities held to maturity, amortized cost	453,126
Securities held to maturity, fair value	491,347	$ 521,277
Securities available for sale:
Securities available for sale, due in one year or less, amortized cost	2,152
Securities available for sale, Due in one year or less, fair value	2,182
Securities available for sale, due after one year through five years, amortized cost	12,888
Securities available for sale, Due after one year through five years, fair value	13,175
Securities available for sale, due after five years, amortized cost	171,836
Securities available for sale, due after five years, fair value	173,649
Securities available for sale, single maturity, amortized cost	186,876
Securities available for sale, single maturity, fair value	189,006
Securities available for sale, amortized cost	340,726	350,060
Securities available for sale, fair value	346,873	361,966
Securities available for sale, callable, amortized cost	340,726
Securities available for sale, callable, fair value	346,873
Callable Securities [Member]
Securities available for sale:
Securities available for sale, amortized cost	166,111
Securities available for sale, fair value	167,868
Municipal securities
Securities held to maturity:
Securities held to maturity, fair value	490,297	520,227
Securities available for sale:
Securities available for sale, amortized cost	160,703	147,241
Securities available for sale, fair value	162,573	152,408
Municipal securities \| Callable Securities [Member]
Securities held to maturity:
Securities held to maturity, callable, amortized cost	246,515
Securities held to maturity, callable, fair value	255,969
Securities available for sale:
Securities available for sale, callable, amortized cost	154,432
Securities available for sale, callable, fair value	156,016
Asset-backed securities
Securities available for sale:
Securities available for sale, amortized cost	38,620	39,663
Securities available for sale, fair value	39,815	40,683
Securities available for sale, callable, amortized cost	38,620
Securities available for sale, callable, fair value	39,815
Residential mortgage-backed and related securities
Securities available for sale:
Securities available for sale, amortized cost	115,230	127,670
Securities available for sale, fair value	118,052	132,842
Securities available for sale, callable, amortized cost	115,230
Securities available for sale, callable, fair value	118,052
Other Securities
Securities held to maturity:
Securities held to maturity, fair value	1,050	1,050
Securities available for sale:
Securities available for sale, amortized cost	11,679	20,550
Securities available for sale, fair value	11,852	$ 20,697
Other Securities \| Callable Securities [Member]
Securities available for sale:
Securities available for sale, callable, amortized cost	11,679
Securities available for sale, callable, fair value	$ 11,852

NOTE 3 - LOANS_LEASES RECEIVA_3

NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	3 Months Ended
NOTE 3 - LOANS/LEASES RECEIVABLE (Details) $ in Thousands	Mar. 31, 2021USD ($)contractitem	Mar. 31, 2020USD ($)loanitem	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Loans and leases	$ 4,361,051			$ 4,243,791
Loans receivable held for sale	5,664			3,758
Accruing TDRs	$ 1,500			1,700
Number of troubled debt restructurings restructured \| item	0
Nonaccrual Loans/Leases	$ 13,863			13,940
Accruing Past Due 90 Days or More				3
Number of nonaccrual restructured loans \| loan		0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts \| item	0	1
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 179
Number of TDRs restructured and written off \| item		4
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down		$ 296
Less allowance for estimated losses on loans/leases	81,831	42,233	$ 84,376	84,376	$ 36,001
Provision for Loan, Lease, and Other Losses	6,713	8,367
Allowance for Loan and Lease Losses, Write-offs	713	2,335
Recoveries on loans/leases previously charged off	$ 277	200
Financing Receivable, Modification, Number of Contracts \| contract	69
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 6,900
m2 Lease Funds, LLC
Financing Receivable, Modification, Number of Contracts \| contract	68
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 6,900
Loan Relief Program
Financing Receivable, Modification, Number of Contracts \| contract	1
Financing Receivable, Loan Modification, Not Treated as Troubled Debt Restructuring	$ 96
Financial Receivables Loan Modification, Percent	0.16%
One Customer [Member]
Financing Receivable, Modifications, Post-Modification Recorded Investment		55
Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases				984
Residential real estate
Loans and leases				252,121
Residential real estate loan held for sale	$ 5,700			3,800
Nonaccrual Loans/Leases				1,022
Less allowance for estimated losses on loans/leases		2,313	3,732	3,732	1,948
Provision for Loan, Lease, and Other Losses		336
Recoveries on loans/leases previously charged off		29
Commercial Portfolio Segment [Member]
Loans and leases	1,784,986			1,726,723
Nonaccrual Loans/Leases				4,807
Less allowance for estimated losses on loans/leases	36,714	18,151	35,421	35,421	16,072
Provision for Loan, Lease, and Other Losses		3,697
Allowance for Loan and Lease Losses, Write-offs		1,639
Recoveries on loans/leases previously charged off		21
Commercial Portfolio Segment [Member] \| C&I - other
Loans and leases	1,616,144
Nonaccrual Loans/Leases	5,215
Less allowance for estimated losses on loans/leases	33,167
Allowance for Loan and Lease Losses, Write-offs	668
Recoveries on loans/leases previously charged off	156
Commercial Portfolio Segment [Member] \| m2 Lease Funds, LLC
Loans and leases	189,300			171,500
Commercial Real Estate Portfolio Segment [Member]
Loans and leases				2,107,629
Less allowance for estimated losses on loans/leases		19,269	42,161	42,161	15,379
Provision for Loan, Lease, and Other Losses		3,816
Recoveries on loans/leases previously charged off		74
Commercial Real Estate Portfolio Segment [Member] \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases				836
Direct financing leases
Loans and leases	60,134			66,016
Nonaccrual Loans/Leases	320			406
Less allowance for estimated losses on loans/leases	2,192	1,303	1,764	1,764	1,464
Provision for Loan, Lease, and Other Losses		394
Allowance for Loan and Lease Losses, Write-offs		600
Recoveries on loans/leases previously charged off		45
Direct financing leases \| PPP loans
Loans and leases	243,900			273,100
Direct financing leases \| C&I - other
Less allowance for estimated losses on loans/leases	685
Provision for Loan, Lease, and Other Losses	135
Allowance for Loan and Lease Losses, Write-offs	198
Recoveries on loans/leases previously charged off	76
Threshold for Related Party Loans Evaluated	2,200
Direct financing leases \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases				100
Consumer
Loans and leases	71,080
Nonaccrual Loans/Leases	145
Less allowance for estimated losses on loans/leases	1,045		$ 1,298	1,298
Allowance for Loan and Lease Losses, Write-offs	1
Recoveries on loans/leases previously charged off	$ 102
Installment and other consumer loans
Loans and leases				91,302
Nonaccrual Loans/Leases				205
Accruing Past Due 90 Days or More				3
Less allowance for estimated losses on loans/leases		1,197			$ 1,138
Provision for Loan, Lease, and Other Losses		124
Allowance for Loan and Lease Losses, Write-offs		96
Recoveries on loans/leases previously charged off		$ 31
Installment and other consumer loans \| Troubled Debt Restructurings [Member]
Nonaccrual Loans/Leases				$ 48

NOTE 3 - LOANS_LEASES RECEIVA_4

NOTE 3 - LOANS/LEASES RECEIVABLE - Composition of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans and leases receivable		$ 4,361,051	$ 4,243,791
Plus deferred loan/lease origination costs, net of fees.			7,338
Gross loans/leases receivable		4,361,051	4,251,129
Less allowance	$ (84,376)	(81,831)	(84,376)	$ (42,233)	$ (36,001)
Net loans/leases receivable		4,279,220	4,166,753
Construction Loans [Member]
Loans and leases receivable		607,798
Commercial Portfolio Segment [Member]
Loans and leases receivable		1,784,986	1,726,723
Gross loans/leases receivable		1,845,120
Less allowance	(35,421)	(36,714)	(35,421)	(18,151)	(16,072)
Commercial Portfolio Segment [Member] \| C&I - revolving
Loans and leases receivable		168,842
Gross loans/leases receivable		168,842
Less allowance		(3,547)
Commercial Portfolio Segment [Member] \| C&I - other
Loans and leases receivable		1,616,144
Gross loans/leases receivable		1,676,278
Less allowance		(33,167)
Commercial Real Estate Portfolio Segment [Member]
Loans and leases receivable			2,107,629
Less allowance	(42,161)		(42,161)	(19,269)	(15,379)
Commercial Real Estate Portfolio Segment [Member] \| CRE - owner occupied
Loans and leases receivable		461,272
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Loans and leases receivable		610,582
Gross loans/leases receivable		610,582
Less allowance		(11,155)
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases receivable			541,455
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable		461,272	496,471
Gross loans/leases receivable		461,272
Less allowance		(9,147)
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases receivable			1,069,703
Construction and Land Development [Member]
Gross loans/leases receivable		607,798
Less allowance		(12,327)
Construction and Land Development [Member] \| Construction Loans [Member]
Loans and leases receivable		607,798
Less allowance		(12,327)
Multi-family
Loans and leases receivable		396,272
Gross loans/leases receivable		396,272
Less allowance		(6,278)
Direct financing leases
Net minimum lease payments to be received		66,182	72,940
Estimated unguaranteed residual values of leased assets		239	239
Unearned lease/residual income		(6,287)	(7,163)
Loans and leases receivable		60,134	66,016
Plus deferred loan/lease origination costs, net of fees.		905	1,072
Gross loans/leases receivable		61,039	67,088
Less allowance	(1,764)	(2,192)	(1,764)	(1,303)	(1,464)
Net loans/leases receivable		58,847	65,324
Direct financing leases \| C&I - other
Less allowance		(685)
1-4 family real estate
Loans and leases receivable		368,927
Gross loans/leases receivable		368,927
Less allowance		(5,165)
Residential real estate
Loans and leases receivable			252,121
Less allowance	(3,732)		(3,732)	(2,313)	(1,948)
Consumer
Loans and leases receivable		71,080
Gross loans/leases receivable		71,080
Less allowance	$ (1,298)	$ (1,045)	(1,298)
Installment and other consumer loans
Loans and leases receivable			$ 91,302
Less allowance				$ (1,197)	$ (1,138)

NOTE 3 - LOANS_LEASES RECEIVA_5

NOTE 3 - LOANS/LEASES RECEIVABLE - Changes in Accretable Yield (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance at the beginning of the period	$ (3,139)	$ (6,435)
Reclassification of nonaccretable discount to accretable		(30)
Accretion recognized	609	681
Balance at the end of the period	(2,530)	(5,784)
PCI Loans
Balance at the beginning of the period		(57)
Reclassification of nonaccretable discount to accretable		(30)
Accretion recognized		28
Balance at the end of the period		(59)
Performing Loans
Balance at the beginning of the period	(3,139)	(6,378)
Accretion recognized	609	653
Balance at the end of the period	$ (2,530)	$ (5,725)

NOTE 3 - LOANS_LEASES RECEIVA_6

NOTE 3 - LOANS/LEASES RECEIVABLE - Aging of the Loan Lease Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Current	$ 4,341,598	$ 4,225,516
Accruing Past Due 90 Days or More		3
Nonaccrual Loans/Leases	13,863	13,940
Loans and leases	$ 4,361,051	$ 4,243,791
Current as a percentage of total loan/lease portfolio	99.55%	99.57%
Accruing past due 90 days or more as a percentage of total loan/lease portfolio		0.00%
Nonaccrual Loans/Leases as a percentage of total loan/lease portfolio	0.32%	0.33%
Loans and leases as a percentage of total loan/lease portfolio	100.00%	100.00%
Construction Loans [Member]
Loans and leases	$ 607,798
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	$ 5,027	$ 3,591
Current as a percentage of total loan/lease portfolio		0.08%
Past due as a percentage of total loan/lease portfolio	0.12%
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	$ 563	$ 741
Current as a percentage of total loan/lease portfolio		0.02%
Past due as a percentage of total loan/lease portfolio	0.01%
Commercial Portfolio Segment [Member]
Current		$ 1,720,058
Nonaccrual Loans/Leases		4,807
Loans and leases	$ 1,784,986	1,726,723
Commercial Portfolio Segment [Member] \| C&I - revolving
Current	168,809
Loans and leases	168,842
Commercial Portfolio Segment [Member] \| C&I - other
Current	1,607,456
Nonaccrual Loans/Leases	5,215
Loans and leases	1,616,144
Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		1,535
Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member] \| C&I - revolving
Past Due	33
Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member] \| C&I - other
Past Due	3,048
Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		323
Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member] \| C&I - other
Past Due	425
Commercial Real Estate Portfolio Segment [Member]
Loans and leases		2,107,629
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Current	460,965	496,459
Nonaccrual Loans/Leases		12
Loans and leases	461,272	496,471
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Current	606,073
Nonaccrual Loans/Leases	4,509
Loans and leases	610,582
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Current		541,455
Loans and leases		541,455
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Current		1,062,215
Nonaccrual Loans/Leases		7,488
Loans and leases		1,069,703
Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Past Due	307
Construction and Land Development [Member] \| Construction Loans [Member]
Current	607,721
Nonaccrual Loans/Leases	77
Loans and leases	607,798
Multi-family
Current	396,122
Nonaccrual Loans/Leases	150
Loans and leases	396,272
Direct financing leases
Current	59,482	64,918
Nonaccrual Loans/Leases	320	406
Loans and leases	60,134	66,016
Direct financing leases \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	194	501
Direct financing leases \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	138	191
1-4 family real estate
Current	364,114
Nonaccrual Loans/Leases	3,447
Loans and leases	368,927
1-4 family real estate \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	1,366
Residential real estate
Current		249,364
Nonaccrual Loans/Leases		1,022
Loans and leases		252,121
Residential real estate \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		1,512
Residential real estate \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		223
Consumer
Current	70,856
Nonaccrual Loans/Leases	145
Loans and leases	71,080
Consumer \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	$ 79
Installment and other consumer loans
Current		91,047
Accruing Past Due 90 Days or More		3
Nonaccrual Loans/Leases		205
Loans and leases		91,302
Installment and other consumer loans \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due		43
Installment and other consumer loans \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		$ 4

Note 3 - LOANS_LEASES RECEIVA_7

Note 3 - LOANS/LEASES RECEIVABLE - Loans Leases Nonperforming Loans Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Accruing Past Due 90 Days or More		$ 3
Nonaccrual Loans/Leases	$ 13,863	13,940
Accruing TDRs	1,500	1,700
Loans and Leases Receivable, Net of Deferred Income	$ 4,361,051	$ 4,243,791
Percentage of Total NPLs	100.00%	100.00%
Construction Loans [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 607,798
Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		$ 3
Nonaccrual Loans/Leases	12,701	13,940
Nonaccrual Loans/Leases without an Allowance for Credit Losses	1,162
Accruing TDRs		741
Loans and Leases Receivable, Net of Deferred Income	$ 13,863	$ 14,684
Percentage of Total NPLs	100.00%	100.00%
Commercial Portfolio Segment [Member]
Nonaccrual Loans/Leases		$ 4,807
Loans and Leases Receivable, Net of Deferred Income	$ 1,784,986	1,726,723
Commercial Portfolio Segment [Member] \| C&I - other
Nonaccrual Loans/Leases	5,215
Loans and Leases Receivable, Net of Deferred Income	1,616,144
Commercial Portfolio Segment [Member] \| C&I - revolving
Loans and Leases Receivable, Net of Deferred Income	168,842
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases		4,807
Accruing TDRs		606
Loans and Leases Receivable, Net of Deferred Income		$ 5,413
Percentage of Total NPLs		36.87%
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| C&I - other
Nonaccrual Loans/Leases	4,998
Nonaccrual Loans/Leases without an Allowance for Credit Losses	217
Loans and Leases Receivable, Net of Deferred Income	$ 5,215
Percentage of Total NPLs	37.61%
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income		$ 2,107,629
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases		12
Loans and Leases Receivable, Net of Deferred Income	$ 461,272	496,471
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Nonaccrual Loans/Leases	4,509
Loans and Leases Receivable, Net of Deferred Income	610,582
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and Leases Receivable, Net of Deferred Income		541,455
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases		7,488
Loans and Leases Receivable, Net of Deferred Income		1,069,703
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases		12
Loans and Leases Receivable, Net of Deferred Income		$ 12
Percentage of Total NPLs		0.08%
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| CRE - non owner occupied
Nonaccrual Loans/Leases	3,715
Nonaccrual Loans/Leases without an Allowance for Credit Losses	794
Loans and Leases Receivable, Net of Deferred Income	$ 4,509
Percentage of Total NPLs	32.53%
Commercial Real Estate Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Nonaccrual Loans/Leases		$ 7,488
Loans and Leases Receivable, Net of Deferred Income		$ 7,488
Percentage of Total NPLs		50.99%
Construction and Land Development [Member] \| Construction Loans [Member]
Nonaccrual Loans/Leases	$ 77
Loans and Leases Receivable, Net of Deferred Income	607,798
Construction and Land Development [Member] \| Nonperforming Financial Instruments [Member] \| Construction Loans [Member]
Nonaccrual Loans/Leases	77
Loans and Leases Receivable, Net of Deferred Income	$ 77
Percentage of Total NPLs	0.56%
Multi-family
Nonaccrual Loans/Leases	$ 150
Loans and Leases Receivable, Net of Deferred Income	396,272
Multi-family \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	150
Loans and Leases Receivable, Net of Deferred Income	$ 150
Percentage of Total NPLs	1.08%
Direct financing leases
Nonaccrual Loans/Leases	$ 320	$ 406
Loans and Leases Receivable, Net of Deferred Income	60,134	66,016
Direct financing leases \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	193	406
Nonaccrual Loans/Leases without an Allowance for Credit Losses	127
Accruing TDRs		135
Loans and Leases Receivable, Net of Deferred Income	$ 320	$ 541
Percentage of Total NPLs	2.31%	3.68%
1-4 family real estate
Nonaccrual Loans/Leases	$ 3,447
Loans and Leases Receivable, Net of Deferred Income	368,927
1-4 family real estate \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	3,423
Nonaccrual Loans/Leases without an Allowance for Credit Losses	24
Loans and Leases Receivable, Net of Deferred Income	$ 3,447
Percentage of Total NPLs	24.86%
Residential real estate
Nonaccrual Loans/Leases		$ 1,022
Loans and Leases Receivable, Net of Deferred Income		252,121
Residential real estate \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases		1,022
Loans and Leases Receivable, Net of Deferred Income		$ 1,022
Percentage of Total NPLs		6.96%
Consumer
Nonaccrual Loans/Leases	$ 145
Loans and Leases Receivable, Net of Deferred Income	71,080
Consumer \| Nonperforming Financial Instruments [Member]
Nonaccrual Loans/Leases	145
Loans and Leases Receivable, Net of Deferred Income	$ 145
Percentage of Total NPLs	1.05%
Installment and other consumer loans
Accruing Past Due 90 Days or More		$ 3
Nonaccrual Loans/Leases		205
Loans and Leases Receivable, Net of Deferred Income		91,302
Installment and other consumer loans \| Nonperforming Financial Instruments [Member]
Accruing Past Due 90 Days or More		3
Nonaccrual Loans/Leases		205
Loans and Leases Receivable, Net of Deferred Income		$ 208
Percentage of Total NPLs		1.42%

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
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 84,376	$ 36,001
Provision	6,713	8,367
Provision.	5,993
Charged off	(713)	(2,335)
Recoveries	277	200
Balance	81,831	42,233
Accounting Standards Update 2016-13
Balance	(8,102)
Commercial Portfolio Segment [Member]
Balance	35,421	16,072
Provision		3,697
Charged off		(1,639)
Recoveries		21
Balance	36,714	18,151
Commercial Portfolio Segment [Member] \| Accounting Standards Update 2016-13
Balance	(35,421)
Commercial Portfolio Segment [Member] \| C&I - revolving
Provision.	565
Balance	3,547
Commercial Portfolio Segment [Member] \| C&I - revolving \| Accounting Standards Update 2016-13
Balance	2,982
Commercial Portfolio Segment [Member] \| C&I - other
Provision.	4,549
Charged off	(668)
Recoveries	156
Balance	33,167
Commercial Portfolio Segment [Member] \| C&I - other \| Accounting Standards Update 2016-13
Balance	29,130
Commercial Real Estate Portfolio Segment [Member]
Balance	42,161	15,379
Provision		3,816
Recoveries		74
Balance		19,269
Commercial Real Estate Portfolio Segment [Member] \| Accounting Standards Update 2016-13
Balance	(42,161)
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Provision.	451
Balance	9,147
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member] \| Accounting Standards Update 2016-13
Balance	8,696
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Provision.	(286)
Recoveries	13
Balance	11,155
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied \| Accounting Standards Update 2016-13
Balance	11,428
Construction and Land Development [Member]
Balance	12,327
Construction and Land Development [Member] \| Construction Loans [Member]
Provision.	328
Balance	12,327
Construction and Land Development [Member] \| Construction Loans [Member] \| Accounting Standards Update 2016-13
Balance	11,999
Multi-family
Provision.	442
Balance	6,278
Multi-family \| Accounting Standards Update 2016-13
Balance	5,836
Direct financing leases
Balance	1,764	1,464
Provision		394
Charged off		(600)
Recoveries		45
Balance	2,192	1,303
Direct financing leases \| Accounting Standards Update 2016-13
Balance	(1,764)
Direct financing leases \| C&I - other
Provision	135
Charged off	(198)
Recoveries	76
Balance	685
Residential real estate
Balance	3,732	1,948
Provision		336
Recoveries		29
Balance		2,313
Residential real estate \| Accounting Standards Update 2016-13
Balance	(3,732)
1-4 family real estate
Provision.	161
Charged off	(44)
Recoveries	6
Balance	5,165
1-4 family real estate \| Accounting Standards Update 2016-13
Balance	5,042
Consumer
Balance	1,298
Provision.	(217)
Charged off	(1)
Recoveries	102
Balance	1,045
Consumer \| Accounting Standards Update 2016-13
Balance	$ (137)
Installment and other consumer loans
Balance		1,138
Provision		124
Charged off		(96)
Recoveries		31
Balance		$ 1,197

Note 3 - LOANS_LEASES RECEIVA_9

Note 3 - LOANS/LEASES RECEIVABLE - Composition Of Allowance For Credit Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Allowance for Credit Losses, Individually Evaluated for Credit Losses		$ 7,688
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		74,143
Allowance for Credit Losses, Total	$ 84,376	81,831	$ 84,376	$ 42,233	$ 36,001
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		89,782
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		4,271,269
Gross loans/leases receivable		4,361,051	4,251,129
Commercial Portfolio Segment [Member]
Allowance for Credit Losses, Individually Evaluated for Credit Losses		4,847
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		31,867
Allowance for Credit Losses, Total	35,421	36,714	35,421	18,151	16,072
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		44,677
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		1,800,443
Gross loans/leases receivable		1,845,120
Commercial Portfolio Segment [Member] \| C&I - revolving
Allowance for Credit Losses, Individually Evaluated for Credit Losses		450
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		3,097
Allowance for Credit Losses, Total		3,547
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		2,987
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		165,855
Gross loans/leases receivable		168,842
Commercial Portfolio Segment [Member] \| C&I - other
Allowance for Credit Losses, Individually Evaluated for Credit Losses		4,397
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		28,770
Allowance for Credit Losses, Total		33,167
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		41,690
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		1,634,588
Gross loans/leases receivable		1,676,278
Commercial Real Estate Portfolio Segment [Member]
Allowance for Credit Losses, Total	42,161		42,161	19,269	15,379
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Allowance for Credit Losses, Individually Evaluated for Credit Losses		287
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		8,860
Allowance for Credit Losses, Total		9,147
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		5,487
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		455,785
Gross loans/leases receivable		461,272
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Allowance for Credit Losses, Individually Evaluated for Credit Losses		1,843
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		9,312
Allowance for Credit Losses, Total		11,155
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		23,309
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		587,273
Gross loans/leases receivable		610,582
Construction and Land Development [Member]
Allowance for Credit Losses, Individually Evaluated for Credit Losses		11
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		12,316
Allowance for Credit Losses, Total		12,327
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		10,554
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		597,244
Gross loans/leases receivable		607,798
Multi-family
Allowance for Credit Losses, Individually Evaluated for Credit Losses		13
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		6,265
Allowance for Credit Losses, Total		6,278
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		150
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		396,122
Gross loans/leases receivable		396,272
1-4 family real estate
Allowance for Credit Losses, Individually Evaluated for Credit Losses		651
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		4,514
Allowance for Credit Losses, Total		5,165
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		5,305
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		363,622
Gross loans/leases receivable		368,927
Consumer
Allowance for Credit Losses, Individually Evaluated for Credit Losses		36
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		1,009
Allowance for Credit Losses, Total	1,298	1,045	1,298
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		300
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		70,780
Gross loans/leases receivable		71,080
Direct financing leases
Allowance for Credit Losses, Total	$ 1,764	2,192	1,764	$ 1,303	$ 1,464
Gross loans/leases receivable		61,039	$ 67,088
Direct financing leases \| C&I - other
Allowance for Credit Losses, Individually Evaluated for Credit Losses		59
Allowance for Credit Losses, Collectively Evaluated for Credit Losses		2,100
Allowance for Credit Losses, Total		685
Amortized Cost of Loans Receivable, Individually Evaluated for Credit Losses		320
Amortized Cost of Loans Receivable, Collectively Evaluated for Credit Losses		$ 59,800

Note 3 - LOANS_LEASES RECEIV_10

Note 3 - LOANS/LEASES RECEIVABLE - Impaired Loans Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Recorded investment with no specific allowance recorded	$ 5,889	$ 4,912
Unpaid principal balance with no specific allowance recorded	5,961	5,115
Average recorded investment with no specific allowance recorded	5,005
Interest income recognized with no specific allowance recorded	25
Interest income recognized for cash payments received with no specific allowance recorded	25
Recorded investment with specific allowance recorded	6,930	3,749
Unpaid principal balance with specific allowance recorded	6,930	3,749
Average recorded investment with specific allowance recorded	5,061
Recorded investment	12,819		$ 8,661
Unpaid principal balance	12,891		8,864
Related allowance	1,427	660	$ 660
Average recorded investment	10,066
Interest income recognized	25
Interest income recognized for cash payments received	25
Commercial Portfolio Segment [Member]
Recorded investment with no specific allowance recorded	2,260	1,607
Unpaid principal balance with no specific allowance recorded	2,332	1,647
Average recorded investment with no specific allowance recorded	1,895
Interest income recognized with no specific allowance recorded	12
Interest income recognized for cash payments received with no specific allowance recorded	12
Recorded investment with specific allowance recorded	86	239
Unpaid principal balance with specific allowance recorded	86	239
Average recorded investment with specific allowance recorded	43
Recorded investment	2,346	1,846
Unpaid principal balance	2,418	1,886
Related allowance	86	170
Average recorded investment	1,938
Interest income recognized	12
Interest income recognized for cash payments received	12
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	99	34
Unpaid principal balance with no specific allowance recorded	115	50
Average recorded investment with no specific allowance recorded	102
Recorded investment	99	34
Unpaid principal balance	115	50
Average recorded investment	102
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Recorded investment with no specific allowance recorded	1,054	684
Unpaid principal balance with no specific allowance recorded	1,054	686
Average recorded investment with no specific allowance recorded	662
Interest income recognized with no specific allowance recorded	7
Interest income recognized for cash payments received with no specific allowance recorded	7
Recorded investment with specific allowance recorded	6,528	2,867
Unpaid principal balance with specific allowance recorded	6,528	2,867
Average recorded investment with specific allowance recorded	4,698
Recorded investment	7,582	3,551
Unpaid principal balance	7,582	3,553
Related allowance	1,228	125
Average recorded investment	5,360
Interest income recognized	7
Interest income recognized for cash payments received	7
Direct financing leases
Recorded investment with no specific allowance recorded	1,515	1,642
Unpaid principal balance with no specific allowance recorded	1,515	1,642
Average recorded investment with no specific allowance recorded	1,440
Interest income recognized with no specific allowance recorded	6
Interest income recognized for cash payments received with no specific allowance recorded	6
Recorded investment with specific allowance recorded	59	383
Unpaid principal balance with specific allowance recorded	59	383
Average recorded investment with specific allowance recorded	61
Recorded investment	1,574	2,025
Unpaid principal balance	1,574	2,025
Related allowance	20	270
Average recorded investment	1,501
Interest income recognized	6
Interest income recognized for cash payments received	6
Residential real estate
Recorded investment with no specific allowance recorded	423	469
Unpaid principal balance with no specific allowance recorded	407	614
Average recorded investment with no specific allowance recorded	399
Recorded investment with specific allowance recorded	180	180
Unpaid principal balance with specific allowance recorded	180	180
Average recorded investment with specific allowance recorded	180
Recorded investment	603	649
Unpaid principal balance	587	794
Related allowance	15	15
Average recorded investment	579
Installment and other consumer loans
Recorded investment with no specific allowance recorded	538	476
Unpaid principal balance with no specific allowance recorded	538	476
Average recorded investment with no specific allowance recorded	507
Recorded investment with specific allowance recorded	77	80
Unpaid principal balance with specific allowance recorded	77	80
Average recorded investment with specific allowance recorded	79
Recorded investment	615	556
Unpaid principal balance	615	556
Related allowance	78	$ 80
Average recorded investment	$ 586

Note 3 - LOANS_LEASES RECEIV_11

Note 3 - LOANS/LEASES RECEIVABLE - Amortized Cost Basis of Collateral (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	$ 81,831	$ 84,376
Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	89,782
Commercial Assets
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	3,543
Non Owner-Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	36,655
Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	11,078
Securities
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	6,235
Equipment
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	32,257
Other
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	14
Commercial Portfolio Segment [Member] \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	44,677
Commercial Portfolio Segment [Member] \| Commercial Assets
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	3,543
Commercial Portfolio Segment [Member] \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,630
Commercial Portfolio Segment [Member] \| Securities
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	6,235
Commercial Portfolio Segment [Member] \| Equipment
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	32,257
Commercial Portfolio Segment [Member] \| Other
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	12
Commercial Portfolio Segment [Member] \| C&I - revolving \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,987
Commercial Portfolio Segment [Member] \| C&I - revolving \| Commercial Assets
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,513
Commercial Portfolio Segment [Member] \| C&I - revolving \| Equipment
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	474
Commercial Portfolio Segment [Member] \| C&I - other \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	41,690
Commercial Portfolio Segment [Member] \| C&I - other \| Commercial Assets
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	1,030
Commercial Portfolio Segment [Member] \| C&I - other \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,630
Commercial Portfolio Segment [Member] \| C&I - other \| Securities
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	6,235
Commercial Portfolio Segment [Member] \| C&I - other \| Equipment
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	31,783
Commercial Portfolio Segment [Member] \| C&I - other \| Other
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	12
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member] \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	5,487
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member] \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	5,487
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	23,309
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied \| Non Owner-Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	23,309
Construction and Land Development [Member] \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	10,554
Construction and Land Development [Member] \| Non Owner-Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	10,477
Construction and Land Development [Member] \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	77
Direct financing leases \| C&I - other \| Commercial Assets
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	320
Multi-family \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	150
Multi-family \| Non Owner-Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	150
1-4 family real estate \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	5,305
1-4 family real estate \| Non Owner-Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,719
1-4 family real estate \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	2,586
Consumer \| Collateral Dependent Loans
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	300
Consumer \| Owner Occupied Real Estate
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	298
Consumer \| Other
Amortized cost basis of collateral dependent loans, Individually evaluated for credit losses	$ 2

Note 3 - LOANS_LEASES RECEIV_12

Note 3 - LOANS/LEASES RECEIVABLE - Loans by Internally Assigned Risk Rating (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and leases	$ 4,361,051	$ 4,243,791
Construction Loans [Member]
Loans and leases	607,798
Internally Assigned Risk Rating [Member]
2021	437,366
2020	1,419,174
2019	722,453
2018	463,811
2017	278,093
Prior	252,512
Revolving Loans Amortized Cost Basis	204,435
Loans and leases	3,777,844
Commercial Portfolio Segment [Member]
Loans and leases	1,784,986	1,726,723
Commercial Portfolio Segment [Member] \| C&I - revolving
Loans and leases	168,842
Commercial Portfolio Segment [Member] \| C&I - other
Loans and leases	1,616,144
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases		1,555,217
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| C&I - revolving
Revolving Loans Amortized Cost Basis	168,842
Loans and leases	168,842
Commercial Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| C&I - other
2021	236,175
2020	593,171
2019	262,123
2018	135,603
2017	127,062
Prior	72,666
Loans and leases	1,426,800
Commercial Portfolio Segment [Member] \| Pass [Member]
Loans and leases		1,506,578
Commercial Portfolio Segment [Member] \| Pass [Member] \| C&I - revolving
Revolving Loans Amortized Cost Basis	162,696
Loans and leases	162,696
Commercial Portfolio Segment [Member] \| Pass [Member] \| C&I - other
2021	235,962
2020	585,345
2019	236,279
2018	135,169
2017	126,353
Prior	65,041
Loans and leases	1,384,149
Commercial Portfolio Segment [Member] \| Special Mention [Member]
Loans and leases		23,929
Commercial Portfolio Segment [Member] \| Special Mention [Member] \| C&I - revolving
Revolving Loans Amortized Cost Basis	3,159
Loans and leases	3,159
Commercial Portfolio Segment [Member] \| Special Mention [Member] \| C&I - other
2021	155
2020	717
2017	542
Prior	1,401
Loans and leases	2,815
Commercial Portfolio Segment [Member] \| Substandard [Member]
Loans and leases		24,710
Commercial Portfolio Segment [Member] \| Substandard [Member] \| C&I - revolving
Revolving Loans Amortized Cost Basis	2,987
Loans and leases	2,987
Commercial Portfolio Segment [Member] \| Substandard [Member] \| C&I - other
2021	58
2020	7,109
2019	25,844
2018	434
2017	167
Prior	6,224
Loans and leases	39,836
Commercial Real Estate Portfolio Segment [Member]
Loans and leases		2,107,629
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
Loans and leases	461,272	496,471
Commercial Real Estate Portfolio Segment [Member] \| CRE - non owner occupied
Loans and leases	610,582
Commercial Real Estate Portfolio Segment [Member] \| Construction Loans [Member]
Loans and leases		541,455
Commercial Real Estate Portfolio Segment [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases		1,069,703
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
2021	46,731
2020	177,908
2019	67,363
2018	47,559
2017	35,477
Prior	77,018
Revolving Loans Amortized Cost Basis	9,216
Loans and leases	461,272	496,471
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| CRE - non owner occupied
2021	40,813
2020	189,731
2019	121,013
2018	91,985
2017	84,329
Prior	72,421
Revolving Loans Amortized Cost Basis	10,290
Loans and leases	610,582
Commercial Real Estate Portfolio Segment [Member] \| Internally Assigned Risk Rating [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases		1,069,703
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
2021	45,903
2020	176,851
2019	66,254
2018	46,025
2017	32,743
Prior	75,721
Revolving Loans Amortized Cost Basis	9,216
Loans and leases	452,713	488,478
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| CRE - non owner occupied
2021	36,894
2020	180,112
2019	98,515
2018	76,057
2017	79,124
Prior	64,414
Revolving Loans Amortized Cost Basis	8,625
Loans and leases	543,741
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases		999,931
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
2021	604
2020	57
2019	180
2018	264
2017	676
Prior	1,297
Loans and leases	3,078	3,087
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| CRE - non owner occupied
2021	3,481
2020	8,825
2019	3,265
2018	15,424
2017	4,242
Prior	7,307
Revolving Loans Amortized Cost Basis	997
Loans and leases	43,541
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases		43,785
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Owner Occupied Commercial Real Estate Loans [Member]
2021	224
2020	1,000
2019	929
2018	1,270
2017	2,058
Loans and leases	5,481	4,906
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| CRE - non owner occupied
2021	438
2020	794
2019	19,233
2018	504
2017	963
Prior	700
Revolving Loans Amortized Cost Basis	668
Loans and leases	23,300
Commercial Real Estate Portfolio Segment [Member] \| Substandard [Member] \| Other Non-owner Occupied Commercial Real Estate Loans [Member]
Loans and leases		25,987
Construction and Land Development [Member] \| Construction Loans [Member]
Loans and leases	607,798
Construction and Land Development [Member] \| Internally Assigned Risk Rating [Member] \| Construction Loans [Member]
2021	53,842
2020	207,167
2019	184,506
2018	125,398
2017	12,765
Prior	3,141
Revolving Loans Amortized Cost Basis	9,960
Loans and leases	596,779	541,455
Construction and Land Development [Member] \| Pass [Member] \| Construction Loans [Member]
2021	53,842
2020	207,167
2019	174,028
2018	124,718
2017	12,765
Prior	3,141
Revolving Loans Amortized Cost Basis	9,960
Loans and leases	585,621	530,297
Construction and Land Development [Member] \| Special Mention [Member] \| Construction Loans [Member]
2018	680
Loans and leases	680	680
Construction and Land Development [Member] \| Substandard [Member] \| Construction Loans [Member]
2019	10,478
Loans and leases	10,478	10,478
Multi-family
Loans and leases	396,272
Multi-family \| Internally Assigned Risk Rating [Member]
2021	49,494
2020	213,302
2019	64,817
2018	47,232
2017	7,496
Prior	13,666
Revolving Loans Amortized Cost Basis	265
Loans and leases	396,272
Multi-family \| Pass [Member]
2021	49,494
2020	213,302
2019	64,817
2018	47,082
2017	7,496
Prior	13,666
Revolving Loans Amortized Cost Basis	265
Loans and leases	396,122
Multi-family \| Substandard [Member]
2018	150
Loans and leases	150
1-4 family real estate
Loans and leases	368,927
1-4 family real estate \| Internally Assigned Risk Rating [Member]
2021	10,311
2020	37,895
2019	22,631
2018	16,034
2017	10,964
Prior	13,600
Revolving Loans Amortized Cost Basis	5,862
Loans and leases	117,297
1-4 family real estate \| Pass [Member]
2021	10,273
2020	37,895
2019	22,631
2018	15,897
2017	8,273
Prior	13,523
Revolving Loans Amortized Cost Basis	5,862
Loans and leases	114,354
1-4 family real estate \| Special Mention [Member]
2021	38
2017	154
Prior	1
Loans and leases	193
1-4 family real estate \| Substandard [Member]
2018	137
2017	2,537
Prior	76
Loans and leases	$ 2,750
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Internally Assigned Risk Rating [Member]
Loans and leases		$ 3,662,846
As a % of Total		100.00%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Pass [Member]
Loans and leases		$ 3,525,284
As a % of Total		96.25%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Special Mention [Member]
Loans and leases		$ 71,481
As a % of Total		1.95%
Commercial and Commercial Real Estate Portfolio Segments [Member] \| Substandard [Member]
Loans and leases		$ 66,081
As a % of Total		1.80%

Note 3 - LOANS_LEASES RECEIV_13

Note 3 - LOANS/LEASES RECEIVABLE - Leases By Delinquency Status (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and leases	$ 4,361,051	$ 4,243,791
Delinquency Status [Member]
2021	73,772
2020	195,919
2019	98,152
2018	58,297
2017	34,004
Prior	73,203
Revolving Loans Amortized Cost Basis	49,860
Loans and leases	583,207
Nonperforming Financial Instruments [Member]
Loans and leases	13,863	14,684
Construction Loans [Member]
Loans and leases	607,798
Commercial Portfolio Segment [Member]
Loans and leases	1,784,986	1,726,723
Commercial Portfolio Segment [Member] \| Delinquency Status [Member]
Loans and leases		171,506
Commercial Portfolio Segment [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases		170,712
Commercial Portfolio Segment [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases		794
Commercial Portfolio Segment [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases		5,413
Commercial Portfolio Segment [Member] \| C&I - other
Loans and leases	1,616,144
Commercial Portfolio Segment [Member] \| C&I - other \| Delinquency Status [Member]
2021	32,767
2020	70,737
2019	50,416
2018	25,066
2017	9,188
Prior	1,170
Loans and leases	189,344
Commercial Portfolio Segment [Member] \| C&I - other \| Non Performing Greater Than Ninety Days Past Due [Member]
2020	123
2019	683
2018	198
2017	136
Prior	17
Loans and leases	1,157
Commercial Portfolio Segment [Member] \| C&I - other \| Performing Loans
2021	32,767
2020	70,614
2019	49,733
2018	24,868
2017	9,052
Prior	1,153
Loans and leases	188,187
Commercial Portfolio Segment [Member] \| C&I - other \| Nonperforming Financial Instruments [Member]
Loans and leases	5,215
Direct financing leases
Loans and leases	60,134	66,016
Direct financing leases \| Delinquency Status [Member]
2021	304
2020	16,671
2019	16,736
2018	14,817
2017	7,951
Prior	3,655
Loans and leases	60,134	66,016
Direct financing leases \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases		65,475
Direct financing leases \| Non Performing Greater Than Ninety Days Past Due [Member]
2019	19
2018	139
2017	78
Prior	84
Loans and leases	320	541
Direct financing leases \| Performing Loans
2021	304
2020	16,671
2019	16,717
2018	14,678
2017	7,873
Prior	3,571
Loans and leases	59,814
Direct financing leases \| Nonperforming Financial Instruments [Member]
Loans and leases	320	541
Construction and Land Development [Member] \| Construction Loans [Member]
Loans and leases	607,798
Construction and Land Development [Member] \| Construction Loans [Member] \| Delinquency Status [Member]
2021	1,270
2020	8,723
2019	429
2018	520
2017	77
Loans and leases	11,019
Construction and Land Development [Member] \| Construction Loans [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
2017	77
Loans and leases	77
Construction and Land Development [Member] \| Construction Loans [Member] \| Performing Loans
2021	1,270
2020	8,723
2019	429
2018	520
Loans and leases	10,942
Construction and Land Development [Member] \| Construction Loans [Member] \| Nonperforming Financial Instruments [Member]
Loans and leases	77
1-4 family real estate
Loans and leases	368,927
1-4 family real estate \| Nonperforming Financial Instruments [Member]
Loans and leases	3,447
1-4 family real estate \| One To Four Family [Member] \| Delinquency Status [Member]
2021	36,985
2020	92,028
2019	27,187
2018	15,035
2017	15,774
Prior	64,557
Revolving Loans Amortized Cost Basis	64
Loans and leases	251,630
1-4 family real estate \| One To Four Family [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
2020	31
2019	72
Prior	625
Loans and leases	728
1-4 family real estate \| One To Four Family [Member] \| Performing Loans
2021	36,985
2020	91,997
2019	27,115
2018	15,035
2017	15,774
Prior	63,932
Revolving Loans Amortized Cost Basis	64
Loans and leases	250,902
Residential real estate
Loans and leases		252,121
Residential real estate \| Delinquency Status [Member]
Loans and leases		252,121
Residential real estate \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases		251,099
Residential real estate \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases		1,022
Residential real estate \| Nonperforming Financial Instruments [Member]
Loans and leases		1,022
Consumer
Loans and leases	71,080
Consumer \| Delinquency Status [Member]
2021	2,446
2020	7,760
2019	3,384
2018	2,859
2017	1,014
Prior	3,821
Revolving Loans Amortized Cost Basis	49,796
Loans and leases	71,080
Consumer \| Non Performing Greater Than Ninety Days Past Due [Member]
2019	47
2018	49
2017	17
Prior	32
Loans and leases	145
Consumer \| Performing Loans
2021	2,446
2020	7,760
2019	3,337
2018	2,810
2017	997
Prior	3,789
Revolving Loans Amortized Cost Basis	49,796
Loans and leases	70,935
Consumer \| Nonperforming Financial Instruments [Member]
Loans and leases	$ 145
Lease Residential and Consumer Portfolio Segments [Member] \| Delinquency Status [Member]
Loans and leases		$ 580,945
As a % of Total		100.00%
Lease Residential and Consumer Portfolio Segments [Member] \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases		$ 578,380
As a % of Total		99.56%
Lease Residential and Consumer Portfolio Segments [Member] \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases		$ 2,565
As a % of Total		0.44%
Installment and other consumer loans
Loans and leases		$ 91,302
Installment and other consumer loans \| Delinquency Status [Member]
Loans and leases		91,302
Installment and other consumer loans \| Performing Less Than Ninety Days Past Due [Member}
Loans and leases		91,094
Installment and other consumer loans \| Non Performing Greater Than Ninety Days Past Due [Member]
Loans and leases		208
Installment and other consumer loans \| Nonperforming Financial Instruments [Member]
Loans and leases		$ 208

Note 3 - LOANS_LEASES RECEIV_14

Note 3 - LOANS/LEASES RECEIVABLE - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan
Number of Loans / Leases \| loan	3
Pre-Modification Recorded Investment	$ 179
Post-Modification Recorded Investment	$ 179
Direct financing leases \| Payment Deferral [Member]
Number of Loans / Leases \| loan	1
Pre-Modification Recorded Investment	$ 68
Post-Modification Recorded Investment	$ 68
Commercial Portfolio Segment [Member] \| Payment Deferral [Member]
Number of Loans / Leases \| loan	2
Pre-Modification Recorded Investment	$ 111
Post-Modification Recorded Investment	$ 111

Note 3 - LOANS_LEASES RECEIV_15

Note 3 - LOANS/LEASES RECEIVABLE - Adoption of ASU 2016-13 (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 84,376	$ 36,001
Provision for Loan, Lease, and Other Losses	6,713	8,367
Balance	81,831	$ 42,233
Accounting Standards Update 2016-13
Balance	(8,102)
Unfunded Loan Commitment
Provision for Loan, Lease, and Other Losses	729
Balance	9,846
Unfunded Loan Commitment \| Accounting Standards Update 2016-13
Balance	$ 9,117

NOTE 4 - DERIVATIVES AND HEDG_3

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)item
Deposits	$ 4,631,782	$ 4,599,137
Cash Flow Hedging
Deposits	300,000
Interest rate cap
Number redesignated interest rate caps \| item		3
Amount of derivatives redesignated		$ 800
Interest rate cap \| Cash Flow Hedging
Initial premium paid upfront for the two caps	$ 3,500

NOTE 4 - DERIVATIVES AND HEDG_4

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Summary of Derivatives (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Derivative Assets	$ 122,668	$ 222,757
Derivative Liabilities	(125,863)	(229,270)
Interest rate cap
Derivative Assets	231	67
Interest rate cap \| Cash Flow Hedging
Derivative Assets	892	259
Interest rate swap
Derivative Assets	121,545	222,431
Derivative Liabilities	(121,545)	(222,431)
Interest rate swap \| Cash Flow Hedging
Derivative Liabilities	$ (4,318)	$ (6,839)

NOTE 4 - DERIVATIVES AND HEDG_5

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Summary of Interest Rate Cap Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Derivative Assets	$ 122,668	$ 222,757
Interest rate swap
Derivative Assets	121,545	222,431
Interest rate cap
Derivative Assets	231	67
Cash Flow Hedging \| Interest rate cap
Derivative Assets	892	259
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2023 [Member]
Notional Amount	25,000
Fair Value - Asset	$ 8	3
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2023 [Member]
Notional Amount	$ 50,000
Fair Value - Asset	$ 17	5
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Three Maturing 2023 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	$ 8	3
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Three Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2024 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	$ 52	15
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2024 [Member]
Notional Amount	$ 50,000
Fair Value - Asset	$ 108	31
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Three Maturing 2024 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	$ 54	15
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Three Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2025 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	$ 159	46
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument One Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.75%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2025 [Member]
Notional Amount	$ 50,000
Fair Value - Asset	$ 324	94
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Two Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.57%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Four Maturing 2025 [Member]
Notional Amount	$ 25,000
Fair Value - Asset	$ 162	47
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Derivative Instrument Four Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.80%
Designated as Hedging Instrument \| Other Assets \| Cash Flow Hedging \| Interest rate cap
Notional Amount	$ 300,000
Fair Value - Asset	892	259
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| Interest rate swap
Notional Amount	39,000
Fair Value - Liability	$ (4,318)	(6,839)
Receive Rate	2.45%
Pay Rate	5.24%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| QCR Holdings Statutory Trust II
Notional Amount	$ 10,000
Fair Value - Liability	$ (1,113)	(1,767)
Receive Rate	3.05%
Pay Rate	5.85%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| QCR Holdings Statutory Trust III
Notional Amount	$ 8,000
Fair Value - Liability	$ (891)	(1,414)
Receive Rate	3.05%
Pay Rate	5.85%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| QCR Holdings Statutory Trust V
Notional Amount	$ 10,000
Fair Value - Liability	$ (1,091)	(1,721)
Receive Rate	1.79%
Pay Rate	4.54%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| Community National Statutory Trust II
Notional Amount	$ 3,000
Fair Value - Liability	$ (334)	(529)
Receive Rate	2.36%
Pay Rate	5.17%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| Community National Statutory Trust III
Notional Amount	$ 3,500
Fair Value - Liability	$ (389)	(616)
Receive Rate	1.93%
Pay Rate	4.75%
Designated as Hedging Instrument \| Derivative Liabilities \| Cash Flow Hedging \| Guaranty Bankshares Statutory Trust I
Notional Amount	$ 4,500
Fair Value - Liability	$ (500)	(792)
Receive Rate	1.93%
Pay Rate	4.75%
Not Designated as Hedging Instrument \| Interest rate swap
Derivative Assets	$ 121,545	222,431
Not Designated as Hedging Instrument \| Other Assets
Notional Amount	75,000
Derivative Assets	231	67
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2023 [Member]
Notional Amount	25,000
Derivative Assets	$ 7	2
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2024 [Member]
Notional Amount	$ 25,000
Derivative Assets	$ 52	15
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2024 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2025 [Member]
Notional Amount	$ 25,000
Derivative Assets	$ 172	$ 50
Not Designated as Hedging Instrument \| Other Assets \| Derivative Instrument One Maturing 2025 [Member] \| London Interbank Offered Rate (LIBOR)
Derivative, Basis Spread on Variable Rate	1.90%

NOTE 4 - DERIVATIVES AND HEDG_6

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Significantly Impact of operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Derivative Assets	$ 122,668		$ 222,757
Derivative Liabilities	125,863		229,270
Interest rate swap
Derivative Assets	121,545		222,431
Derivative Liabilities	121,545		222,431
Fee Income On Derivative Contracts	13,600	$ 6,800
Not Designated as Hedging Instrument \| Interest rate swap
Derivative Asset, Notional Amount	3,062,090		1,539,602
Derivative Assets	121,545		222,431
Derivative Liability, Notional Amount	3,062,090		1,539,602
Derivative Liabilities	$ 121,545		$ 222,431

NOTE 4 - DERIVATIVES AND HEDG_7

NOTE 4 - DERIVATIVES AND HEDGING ACTIVITIES - Hedged Interest Rate Swaps and Non-hedged Interest Rate Swaps (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Swapped loan portfolio loan-to-value percentage, including the potential swap exposure	65.00%
Interest rate swap
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 175,030	$ 224,930
Interest rate swap \| Cash
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	6,790	45,719
Interest rate swap \| U.S. govt. sponsored agency securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	3,612	3,628
Interest rate swap \| Municipal securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	85,895	85,937
Interest rate swap \| Residential mortgage-backed and related securities
Derivative [Line Items]
Interest rate swaps collateralized by investment securities	$ 78,733	$ 89,646

NOTE 5 - INCOME TAXES - Reconci

NOTE 5 - INCOME TAXES - Reconciliation of the Expected Federal Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Taxes
Computed "expected" tax expense	$ 4,520	$ 2,754
Tax exempt income, net	(1,719)	(1,225)
Bank-owned life insurance	(99)	(55)
State income taxes, net of federal benefit, current year	1,024	677
Tax Credits	(57)	(116)
Excess tax benefit on stock options exercised and restricted stock awards vested	(164)	(264)
Other	36	113
Federal and state income tax expense	$ 3,541	$ 1,884
Computed "expected" tax expense (in percentage)	21.00%	21.00%
Tax exempt income, net (in percentage)	(8.00%)	(9.30%)
Bank-owned life insurance (in percentage)	(0.50%)	(0.40%)
State income taxes, net of federal benefit, current year (in percentage)	4.80%	5.20%
Tax credits (in percentage)	(0.30%)	(0.90%)
Excess tax benefit on stock options exercised and restricted stock awards vested (in percentage)	(0.80%)	(2.00%)
Other (in percentage)	0.20%	0.80%
Federal and state income tax expense (in percentage)	16.40%	14.40%

NOTE 6 - EARNINGS PER SHARE - B

NOTE 6 - EARNINGS PER SHARE - Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Earnings per Share
Net income	$ 17,982	$ 11,228
Basic EPS	$ 1.14	$ 0.71
Diluted EPS	$ 1.12	$ 0.70
Weighted average common shares outstanding (in shares)	15,803,643	15,796,796
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan (in shares)	221,905	214,660
Weighted average common and common equivalent shares outstanding (in shares)	16,025,548	16,011,456

NOTE 7 - FAIR VALUE (Details)

NOTE 7 - FAIR VALUE (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available for sale, at fair value	$ 346,873	$ 361,966
Derivatives	122,668	222,757
Assets Fair Value	31,659	9,948
Derivatives	125,863	229,270
Interest rate swap
Derivatives	121,545	222,431
Derivatives	121,545	222,431
Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	31,659	9,948
Fair Value, Measurements, Recurring [Member]
Derivatives	122,668	222,757
Assets Fair Value	469,541	584,723
Liabilities Fair Value	125,863	229,270
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Derivatives	125,863	229,270
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives	122,668	222,757
Assets Fair Value	469,541	584,723
Liabilities Fair Value	125,863	229,270
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Derivatives	125,863	229,270
U.S. govt. sponsored agency securities
Securities available for sale, at fair value	14,581	15,336
U.S. govt. sponsored agency securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	14,581	15,336
U.S. govt. sponsored agency securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	14,581	15,336
Residential mortgage-backed and related securities
Securities available for sale, at fair value	118,052	132,842
Residential mortgage-backed and related securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	118,052	132,842
Residential mortgage-backed and related securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	118,052	132,842
Asset-backed securities
Securities available for sale, at fair value	39,815	40,683
Asset-backed securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	39,815	40,683
Asset-backed securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	39,815	40,683
Municipal securities
Securities available for sale, at fair value	162,573	152,408
Municipal securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	162,573	152,408
Municipal securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	162,573	152,408
Other Securities
Securities available for sale, at fair value	11,852	20,697
Other Securities \| Fair Value, Measurements, Recurring [Member]
Securities available for sale, at fair value	11,852	20,697
Other Securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities available for sale, at fair value	11,852	20,697
Impaired Loans Leases [Member]
Assets Fair Value	31,472	9,926
Impaired Loans Leases [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	31,472	9,926
Other Real Estate Owned [Member]
Assets Fair Value	187	22
Other Real Estate Owned [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets Fair Value	$ 187	$ 22

NOTE 7 - FAIR VALUE - Quantitat

NOTE 7 - FAIR VALUE - Quantitative Information About Level Fair Value Measurements (Details) $ in Thousands	Mar. 31, 2021USD ($)item	Dec. 31, 2020USD ($)
Fair value	$ 31,659	$ 9,948
Impaired Loans Leases [Member]
Fair value	$ 31,472	9,926
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	$ 187	22
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	$ 31,659	9,948
Fair Value, Inputs, Level 3 [Member] \| Impaired Loans Leases [Member]
Fair value	31,472	9,926
Fair Value, Inputs, Level 3 [Member] \| Other Real Estate Owned [Member]
Fair value	$ 187	$ 22

NOTE 7 - FAIR VALUE - Carrying

NOTE 7 - FAIR VALUE - Carrying Values and Estimated Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Interest-bearing deposits at financial institutions	$ 53,706	$ 86,596
Securities held to maturity, fair value	491,347	521,277
Securities available for sale, at fair value	346,873	361,966
Derivatives	122,668	222,757
Derivatives	125,863	229,270
Interest rate cap
Derivatives	231	67
Interest rate swap
Derivatives	121,545	222,431
Derivatives	121,545	222,431
Fair Value, Inputs, Level 1 [Member] \| Reported Value Measurement [Member]
Cash and due from banks	78,814	61,329
Fair Value, Inputs, Level 1 [Member] \| Estimate of Fair Value Measurement [Member]
Cash and due from banks	78,814	61,329
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member]
Federal funds sold	1,350	9,080
Securities held to maturity, fair value	452,952	476,165
Securities available for sale, at fair value	346,873	361,966
Loans/leases receivable, net	4,250,079	4,157,562
Short-term borrowings	6,840	5,430
FHLB advances	25,000	15,000
Subordinated notes	118,731	118,691
Junior subordinated debentures	38,030	37,993
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits	4,185,632	4,138,478
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Time Deposits [Member]
Deposits	446,150	460,659
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate cap
Derivatives	122,668	222,757
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest rate swap
Derivatives	125,863	229,270
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	53,706	86,596
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member]
Federal funds sold	1,350	9,080
Securities held to maturity, fair value	491,347	521,277
Securities available for sale, at fair value	346,873	361,966
Loans/leases receivable, net	4,200,051	4,112,735
Short-term borrowings	6,840	5,430
FHLB advances	24,998	14,998
Subordinated notes	121,545	112,406
Junior subordinated debentures	30,744	30,618
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Non-maturity Deposits [Member]
Deposits	4,182,630	4,138,478
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Time Deposits [Member]
Deposits	447,790	465,681
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate cap
Derivatives	122,668	222,757
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest rate swap
Derivatives	125,863	229,270
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member] \| Interest-bearing Deposits [Member]
Interest-bearing deposits at financial institutions	53,706	86,596
Fair Value, Inputs, Level 3 [Member] \| Reported Value Measurement [Member]
Loans/leases receivable, net	29,141	9,191
Fair Value, Inputs, Level 3 [Member] \| Estimate of Fair Value Measurement [Member]
Loans/leases receivable, net	31,472	9,926
Fair Value, Measurements, Recurring [Member]
Derivatives	122,668	222,757
Fair Value, Measurements, Recurring [Member] \| Interest rate swap
Derivatives	125,863	229,270
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivatives	122,668	222,757
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest rate swap
Derivatives	$ 125,863	$ 229,270

NOTE 8 - BUSINESS SEGMENT INF_3

NOTE 8 - BUSINESS SEGMENT INFORMATION - (Details)	Mar. 31, 2021subsidiary
Number of subsidiaries commercial banks	4
Commercial Banking
Number of subsidiaries commercial banks	4

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
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Total revenue	$ 71,054	$ 64,178
Net interest income	41,975	37,698
Provision for credit losses	6,713	8,367
Net income (loss) from continuing operations	17,982	11,228
Goodwill	74,066	74,248	$ 74,066
Intangibles	10,873	14,421	11,381
Total assets	5,645,147	5,232,075	$ 5,682,797
Intersegment Eliminations [Member]
Total revenue	(122)	(15,715)
Net interest income	248	230
Net income (loss) from continuing operations	(22,857)	(15,255)
Total assets	(955,277)	(670,632)
Commercial Banking \| QCBT \| Operating Segments [Member]
Total revenue	21,284	21,686
Net interest income	15,786	14,428
Provision for credit losses	2,112	3,183
Net income (loss) from continuing operations	7,164	5,725
Goodwill	3,223	3,223
Total assets	2,101,634	1,914,785
Commercial Banking \| CRBT \| Operating Segments [Member]
Total revenue	30,357	22,879
Net interest income	13,606	11,386
Provision for credit losses	2,184	2,250
Net income (loss) from continuing operations	11,396	6,461
Goodwill	14,980	14,980
Intangibles	2,067	2,560
Total assets	1,847,070	1,719,773
Commercial Banking \| CSB \| Operating Segments [Member]
Total revenue	10,423	10,221
Net interest income	8,368	7,500
Provision for credit losses	1,366	1,964
Net income (loss) from continuing operations	2,062	1,065
Goodwill	9,888	9,888
Intangibles	3,143	3,812
Total assets	1,041,861	863,903
Commercial Banking \| SFCB \| Operating Segments [Member]
Total revenue	8,746	8,691
Net interest income	6,069	5,642
Provision for credit losses	1,051	970
Net income (loss) from continuing operations	2,269	2,207
Goodwill	45,975	45,975
Intangibles	5,663	6,573
Total assets	818,605	708,735
Other Segments \| Operating Segments [Member]
Total revenue	366	16,416
Net interest income	(2,102)	(1,488)
Net income (loss) from continuing operations	17,948	11,025
Goodwill		182
Intangibles		1,476
Total assets	$ 791,254	$ 695,511

NOTE 9 - REGULATORY CAPITAL R_3

NOTE 9 - REGULATORY CAPITAL REQUIREMENTS - (Details) $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Total risk-based capital, actual, amount	$ 740,281	$ 721,004
Total risk-based capital, actual, ratio	0.1485	14.95
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 398,804	$ 385,832
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	$ 523,430	$ 506,404
Total risk-based capital for capital adequacy purposes, ratio	10.50	10.50
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 498,505	$ 482,290
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	10	10
Tier 1 risk-based capital, actual, amount	$ 563,872	$ 546,729
Tier 1 risk-based capital, actual, ratio	0.1131	11.34
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 299,103	$ 289,374
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	$ 423,729	$ 409,946
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50	8.50
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 398,804	$ 385,832
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8	8
Tier 1 leverage, actual, amount	$ 563,872	$ 546,729
Tier 1 leverage, actual, ratio	0.1010	9.49
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 223,424	$ 230,345
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 223,424	$ 230,345
Tier 1 leverage for capital adequacy purposes, ratio	4	4
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 279,280	$ 287,931
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5	5
Common equity Tier 1, actual, amount	$ 525,842	$ 508,736
Common equity Tier 1, actual ratio	0.1055	10.55
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 224,327	$ 217,030
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	$ 348,953	$ 337,603
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 324,028	$ 313,488
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	$ 219,423	$ 213,608
Total risk-based capital, actual, ratio	0.1270	12.24
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 138,239	$ 139,581
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	$ 181,439	$ 183,200
Total risk-based capital for capital adequacy purposes, ratio	10.50	10.50
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 172,799	$ 174,477
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	10	10
Tier 1 risk-based capital, actual, amount	$ 197,676	$ 191,693
Tier 1 risk-based capital, actual, ratio	0.1144	10.99
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 103,679	$ 104,686
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	$ 146,879	$ 148,305
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50	8.50
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 138,239	$ 139,581
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8	8
Tier 1 leverage, actual, amount	$ 197,676	$ 191,693
Tier 1 leverage, actual, ratio	0.0917	8.48
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 86,225	$ 90,430
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 86,225	$ 90,430
Tier 1 leverage for capital adequacy purposes, ratio	4	4
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 107,781	$ 113,038
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5	5
Common equity Tier 1, actual, amount	$ 197,676	$ 191,693
Common equity Tier 1, actual ratio	0.1144	10.99
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 77,759	$ 78,514
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	$ 120,959	$ 122,134
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 112,319	$ 113,410
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	$ 231,341	$ 217,227
Total risk-based capital, actual, ratio	0.1359	13.14
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 136,200	$ 132,269
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	$ 178,762	$ 173,603
Total risk-based capital for capital adequacy purposes, ratio	10.50	10.50
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 170,250	$ 165,336
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	10	10
Tier 1 risk-based capital, actual, amount	$ 209,954	$ 196,438
Tier 1 risk-based capital, actual, ratio	0.1233	11.88
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 102,150	$ 99,202
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	$ 144,712	$ 140,536
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50	8.50
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 136,200	$ 132,269
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8	8
Tier 1 leverage, actual, amount	$ 209,954	$ 196,438
Tier 1 leverage, actual, ratio	0.1127	10.01
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 74,536	$ 78,535
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 74,536	$ 78,535
Tier 1 leverage for capital adequacy purposes, ratio	4	4
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 93,170	$ 98,169
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5	5
Common equity Tier 1, actual, amount	$ 209,954	$ 196,438
Common equity Tier 1, actual ratio	0.1233	11.88
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 76,612	$ 74,401
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	$ 119,175	$ 115,735
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 110,662	$ 107,469
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	$ 110,491	$ 108,040
Total risk-based capital, actual, ratio	0.1239	12.69
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 71,343	$ 68,117
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	$ 93,637	$ 89,404
Total risk-based capital for capital adequacy purposes, ratio	10.50	10.50
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 89,178	$ 85,146
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	10	10
Tier 1 risk-based capital, actual, amount	$ 99,284	$ 97,350
Tier 1 risk-based capital, actual, ratio	0.1113	11.43
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 53,507	$ 51,088
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	$ 75,801	$ 72,374
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50	8.50
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 71,343	$ 68,117
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8	8
Tier 1 leverage, actual, amount	$ 99,284	$ 97,350
Tier 1 leverage, actual, ratio	0.0990	10.27
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 40,116	$ 37,930
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 40,116	$ 37,930
Tier 1 leverage for capital adequacy purposes, ratio	4	4
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 50,144	$ 47,412
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5	5
Common equity Tier 1, actual, amount	$ 99,284	$ 97,350
Common equity Tier 1, actual ratio	0.1113	11.43
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 40,130	$ 38,316
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	$ 62,425	$ 59,602
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 57,966	$ 55,345
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	$ 92,355	$ 90,334
Total risk-based capital, actual, ratio	0.1329	14.35
Total risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 55,576	$ 50,357
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	$ 72,944	$ 66,094
Total risk-based capital for capital adequacy purposes, ratio	10.50	10.50
Total risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 69,470	$ 62,947
Total risk-based capital to be well capitalized under prompt corrective action provisions, ratio	10	10
Tier 1 risk-based capital, actual, amount	$ 78,645	$ 77,668
Tier 1 risk-based capital, actual, ratio	0.1132	12.34
Tier 1 risk-based capital for capital adequacy purposes, amount, without capital conservation buffer	$ 41,682	$ 37,768
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	$ 59,050	$ 53,505
Tier 1 risk-based capital for capital adequacy purposes, ratio	8.50	8.50
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, amount	$ 55,576	$ 50,357
Tier 1 risk-based capital to be well capitalized under prompt corrective action provisions, ratio	8	8
Tier 1 leverage, actual, amount	$ 78,645	$ 77,668
Tier 1 leverage, actual, ratio	0.1066	10.87
Tier 1 leverage for capital adequacy purposes, amount, without capital conservation buffer	$ 29,499	$ 28,575
Tier 1 leverage for capital adequacy purposes, ratio, without capital conservation buffer	4.00%	4.00%
Tier 1 leverage for capital adequacy purposes, amount	$ 29,499	$ 28,575
Tier 1 leverage for capital adequacy purposes, ratio	4	4
Tier 1 leverage to be well capitalized under prompt corrective action provisions, amount	$ 36,874	$ 35,719
Tier 1 leverage to be well capitalized under prompt corrective action provisions, ratio	5	5
Common equity Tier 1, actual, amount	$ 78,645	$ 77,668
Common equity Tier 1, actual ratio	0.1132	12.34
Common equity Tier 1 for capital adequacy purposes, amount, without capital conservation buffer	$ 31,262	$ 28,326
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	$ 48,629	$ 44,063
Common equity Tier 1 for capital adequacy purposes, ratio	7.00%	7.00%
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, amount	$ 45,156	$ 40,915
Common equity Tier 1 to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%