secwatch.observer — SEC 8-K summary
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Issuer:     QCR HOLDINGS INC (QCRH)
CIK:        0000906465
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001104659-24-050571
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QCRH Q1 net income $26.7M ($1.58 EPS); core deposits surge 20% annualized
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- Net income $26.7M, diluted EPS $1.58; adjusted EPS $1.59 vs $1.65 in Q1 2023.
- Capital markets revenue $16.5M, down from record $37.0M in Q4 2023; pipeline healthy.
- Core deposits (ex-brokered) up $316.2M (20.3% annualized); loans grew 6.4% annualized.
- NIM TEY (non-GAAP) 3.25%, down 7 bps QoQ; adjusted NIM TEY 3.24%.
- NPAs down 8.5% to $31.3M; TCE/TA ratio improved 19 bps to 8.94%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906465/000110465924050571/0001104659-24-050571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906465/000110465924050571/tm2412433d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-050571

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