11
Nov
2013
MOLINE, Ill., Nov. 8, 2013 (GLOBE NEWSWIRE) -- QCR Holdings, Inc.
(Nasdaq:QCRH) today announced that on November 7, 2013 the Company's
board of directors declared a cash dividend of $0.04 per share payable
on January 7, 2014, to stockholders of record on December 20, 2013.
QCR Holdings, Inc., headquartered in Moline, Illinois, is a
relationship-driven, multi-bank holding company, which serves the Quad
City, Cedar Rapids, and Rockford communities through its wholly owned
subsidiary banks. Quad City Bank & Trust Company, which is based in
Bettendorf, Iowa, and commenced operations in 1994, Cedar Rapids Bank &
Trust Company, which is based in Cedar Rapids, Iowa, and commenced
operations in 2001, and Rockford Bank & Trust Company, which is based
in Rockford, Illinois, and commenced operations in 2005, provide
full-service commercial and consumer banking and trust and asset
management services. Quad City Bank & Trust Company also engages in
commercial leasing through its wholly owned subsidiary, m2 Lease Funds,
LLC, based in Milwaukee, Wisconsin. With the acquisition of Community
National Bank on May 13, 2013, the Company now serves the
Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a
division of Cedar Rapids Bank & Trust Company.
Special Note Concerning Forward-Looking Statements. This document
contains, and future oral and written statements of the Company and its
management may contain, forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 with respect to
the financial condition, results of operations, plans, objectives,
future performance and business of the Company. Forward-looking
statements, which may be based upon beliefs, expectations and
assumptions of the Company's management and on information currently
available to management, are generally identifiable by the use of words
such as "believe," "expect," "anticipate," "predict," "suggest,"
"appear," "plan," "intend," "estimate," "annualize," "may," "will,"
"would," "could," "should" or other similar expressions. Additionally,
all statements in this document, including forward-looking statements,
speak only as of the date they are made, and the Company undertakes no
obligation to update any statement in light of new information or
future events.
A number of factors, many of which are beyond the ability of the
Company to control or predict, could cause actual results to differ
materially from those in its forward-looking statements. These factors
include, among others, the following: (i) the strength of the local and
national economy; (ii) the economic impact of any future terrorist
threats and attacks, and the response of the United States to any such
threats and attacks; (iii) changes in state and federal laws,
regulations and governmental policies concerning the Company's general
business, including Basel III, the Dodd-Frank Wall Street Reform and
Consumer Protection Act and the regulations issued thereunder; (iv)
changes in interest rates and prepayment rates of the Company's assets;
(v) increased competition in the financial services sector and the
inability to attract new customers; (vi) changes in technology and the
ability to develop and maintain secure and reliable electronic systems;
(vii) the integration of acquired entities, including CNB; (viii) the
loss of key executives or employees; (ix) changes in consumer spending;
(x) unexpected outcomes of existing or new litigation involving the
Company; and (xi) changes in accounting policies and practices. These
risks and uncertainties should be considered in evaluating
forward-looking statements and undue reliance should not be placed on
such statements. Additional information concerning the Company and its
business, including additional factors that could materially affect the
Company's financial results, is included in the Company's filings with
the Securities and Exchange Commission.
(Nasdaq:QCRH) today announced that on November 7, 2013 the Company's
board of directors declared a cash dividend of $0.04 per share payable
on January 7, 2014, to stockholders of record on December 20, 2013.
QCR Holdings, Inc., headquartered in Moline, Illinois, is a
relationship-driven, multi-bank holding company, which serves the Quad
City, Cedar Rapids, and Rockford communities through its wholly owned
subsidiary banks. Quad City Bank & Trust Company, which is based in
Bettendorf, Iowa, and commenced operations in 1994, Cedar Rapids Bank &
Trust Company, which is based in Cedar Rapids, Iowa, and commenced
operations in 2001, and Rockford Bank & Trust Company, which is based
in Rockford, Illinois, and commenced operations in 2005, provide
full-service commercial and consumer banking and trust and asset
management services. Quad City Bank & Trust Company also engages in
commercial leasing through its wholly owned subsidiary, m2 Lease Funds,
LLC, based in Milwaukee, Wisconsin. With the acquisition of Community
National Bank on May 13, 2013, the Company now serves the
Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a
division of Cedar Rapids Bank & Trust Company.
Special Note Concerning Forward-Looking Statements. This document
contains, and future oral and written statements of the Company and its
management may contain, forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 with respect to
the financial condition, results of operations, plans, objectives,
future performance and business of the Company. Forward-looking
statements, which may be based upon beliefs, expectations and
assumptions of the Company's management and on information currently
available to management, are generally identifiable by the use of words
such as "believe," "expect," "anticipate," "predict," "suggest,"
"appear," "plan," "intend," "estimate," "annualize," "may," "will,"
"would," "could," "should" or other similar expressions. Additionally,
all statements in this document, including forward-looking statements,
speak only as of the date they are made, and the Company undertakes no
obligation to update any statement in light of new information or
future events.
A number of factors, many of which are beyond the ability of the
Company to control or predict, could cause actual results to differ
materially from those in its forward-looking statements. These factors
include, among others, the following: (i) the strength of the local and
national economy; (ii) the economic impact of any future terrorist
threats and attacks, and the response of the United States to any such
threats and attacks; (iii) changes in state and federal laws,
regulations and governmental policies concerning the Company's general
business, including Basel III, the Dodd-Frank Wall Street Reform and
Consumer Protection Act and the regulations issued thereunder; (iv)
changes in interest rates and prepayment rates of the Company's assets;
(v) increased competition in the financial services sector and the
inability to attract new customers; (vi) changes in technology and the
ability to develop and maintain secure and reliable electronic systems;
(vii) the integration of acquired entities, including CNB; (viii) the
loss of key executives or employees; (ix) changes in consumer spending;
(x) unexpected outcomes of existing or new litigation involving the
Company; and (xi) changes in accounting policies and practices. These
risks and uncertainties should be considered in evaluating
forward-looking statements and undue reliance should not be placed on
such statements. Additional information concerning the Company and its
business, including additional factors that could materially affect the
Company's financial results, is included in the Company's filings with
the Securities and Exchange Commission.
