QCR Holdings, Inc. · Moline, IL United States ·(NASDAQ (CM): QCRH)
Company Description
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This link will open in a new window Quad City is muscling in on the community banking scene in the Midwest. QCR Holdings is the holding company for Quad City Bank and Trust, Cedar Rapids Bank and Trust, Rockford Bank and Trust, and First Wisconsin Bank and Trust. Together, the banks have about 10 offices serving the Quad City area of Illinois and Iowa, as well as the communities of Cedar Rapids, Iowa; Rockford, Illinois; and Milwaukee. The banks offer traditional deposit products and services and concentrate their lending activities on local businesses: Commercial real estate loans make up nearly half of the loan portfolio; commercial loans and leases make up another third. To read the full description, subscribe now.
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Key QCR Holdings, Inc. Financials
| Company Type | Public - NASDAQ (CM): QCRH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $58.6 |
| 2008 Employees | 345 |
QCR Holdings, Inc. Executives
24 executives listed for QCR Holdings, Inc.'s Moline, IL location.
| Title | Name & Bio | Contact |
| Chairman | James Brownson | Network |
| Douglas Hultquist | Network | |
| EVP and CFO | Todd Gipple | Network |
Competition
Competitive Landscape for QCR Holdings, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top QCR Holdings, Inc. Competitors
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