secwatch.observer — SEC 8-K summary
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Issuer:     QCR HOLDINGS INC (QCRH)
CIK:        0000906465
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001104659-23-125366
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QCR Holdings closes first two securitizations, selling $265M of LIHTC loans
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- Total $265M in LIHTC loans sold via two Freddie Mac-sponsored securitizations: $130M tax-exempt (M-Series) and $135M taxable (Q-Series).
- Company recognized net gain on sale of $664K from the transactions.
- Securitizations designated as Social Bonds by Freddie Mac; CEO says this will be a recurring tool for liquidity and capital management.
- Since inception, company has financed 371 affordable housing projects (over 24,000 units).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906465/000110465923125366/0001104659-23-125366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906465/000110465923125366/tm2332655d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-125366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer