SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


Date of Report                                                   August 29, 2005
(Date of earliest event reported)                                August 26, 2005

                               QCR Holdings, Inc.
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             (Exact name of Registrant as specified in its charter)

                                    Delaware
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                 (State or other jurisdiction of incorporation)

      0-22208                                           42-1397595
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(Commission File Number)                 (I.R.S. Employer Identification Number)

             3551 Seventh Street, Suite 204, Moline, Illinois 61265
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               (Address of principal executive offices) (Zip Code)

                                 (309) 736-3580
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              (Registrant's telephone number, including area code)

                                 Not Applicable
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          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):

     Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

     Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

     Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

     Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))


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Item 8.01  Other Events

On August 29, 2005, the Company announced that Quad City Bank and Trust Company,
a wholly-owned bank subsidiary of the Company,  completed its acquisition of 80%
of the  membership  units of M2 Lease Funds LLC. In the  transaction,  which was
previously announced by the Company on August 15, 2005, Quad City Bank and Trust
Company  purchased  the units from John  Engelbrecht,  the  President  and Chief
Executive  Officer of M2, for a total purchase  price of $5.0 million,  which is
subject to possible post-closing adjustments. Mr. Engelbrecht owns the remaining
20% of M2's membership units.

A press release  announcing  the  transaction  was issued on August 29, 2005, is
attached  hereto  as  Exhibit  99.1 and is  hereby  incorporated  herein by this
reference in its entirety.

Item 9.01 Financial Statements and Exhibits

          (c) Exhibits.

              99.1     Press Release dated August 29, 2005


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                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                               QCR HOLDINGS, INC.


Dated:  August 29, 2005                        By:  /s/ Todd A. Gipple
                                                    ----------------------------
                                                    Todd A. Gipple
                                                    Executive Vice President and
                                                    Chief Financial  Officer




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