QCR Holdings
| Company type | Public |
|---|---|
| Template:NASDAQ Russell 2000 Component | |
| Industry | Finance |
| Headquarters | Moline, Illinois, U.S. |
Key people | Patrick S. Baird (chairman) Larry J. Helling (CEO) |
| Products | Banks |
| Revenue | US$312 million (2020) |
| US$23.63 million (2008) | |
| US$6.71 million (2008) | |
Number of employees | 343 |
QCR Holdings, Inc. operates through its subsidiaries to deliver commercial and consumer banking, trust, and asset management solutions within the Quad Cities and Cedar Rapids regions. Established in 1993, the firm is based in Moline, Illinois.
About
As a multi-bank holding entity, QCR Holdings serves the communities of Quad Cities and Cedar Rapids via its fully owned subsidiary banks. Additionally, it manages a commercial leasing subsidiary located in Milwaukee, Wisconsin.
Subsidiary Banks
The banking arms under QCR Holdings comprise:
- Quad City Bank and Trust – situated in Bettendorf, Iowa, functioning since 1994
- Cedar Rapids Bank and Trust – located in Cedar Rapids, Iowa, operational since 2001
In late 2008, the company divested its Milwaukee-based subsidiary, First Wisconsin Bank & Trust (founded in 2006), selling it to National Bancshares, Inc. In 2019, QCR Holdings transferred ownership of its Rockford branch, Rockford Bank and Trust, to Heartland Financial USA’s Illinois Bank & Trust; this deal concluded on November 30, 2019, with full systems integration finalized by February 2020.
The company expanded its reach in 2022 by acquiring Guaranty Federal Bancshares.
External links
- Financial services companies of the United States
- Companies based in the Quad Cities
- Companies based in Rock Island County, Illinois
- Companies listed on the Nasdaq
- Moline, Illinois
- Financial services companies established in 1993
- 1993 establishments in Illinois
- 1993 establishments in the United States
- Companies established in 1993