secwatch.observer — SEC 8-K summary
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Issuer:     QCR HOLDINGS INC (QCRH)
CIK:        0000906465
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001171843-22-006893
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QCRH posts $7.7B assets and $6.87 adj. EPS; targets 9% loan growth per year
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- Total assets $7.7B, loans $6.0B, deposits $5.9B, wealth AUM $4.3B as of 9/30/22.
- Adjusted EPS $6.87 annualized (9 months); tangible book value $34.46 per share.
- Strategic 9-6-5 plan: 9% loan growth, 6% fee income growth, ≤5% expense growth per year.
- GFED acquisition closed April 1, 2022; expected EPS accretion 13.1%, IRR 20.4%, TBV earnback 2.75 years.
- Strong credit quality: NPAs/assets 0.23%, ACL/loans 1.51% (CECL).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906465/000117184322006893/0001171843-22-006893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906465/000117184322006893/f8k_103122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-006893

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