QCR HOLDINGS INC
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Deposits
Total deposits decreased by $214.1 million during the third quarter of 2026 due to outflows of correspondent deposit balances during the quarter largely due to timing, with over $500.0 million of deposits returning to our balance sheet shortly after the quarter ended.
The table below presents the composition of the Company's deposit portfolio:
| | | | | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · As of · | |||||||||||||||||||||||||
| · · September 30, 2026 · · · June 30, 2026 · · December 31, 2025 · · September 30, 2025 · | |||||||||||||||||||||||||
| · · Amount · · % · · · Amount · · % · · · Amount · · % · · · Amount · · % · · | |||||||||||||||||||||||||
| · · (dollars in thousands) · | |||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noninterest bearing demand deposits | | $1,023,748 | 14% | | $1,022,346 | 14% | | $950,977 | 13% | | $931,774 | 13% | | ||||||||||||
| Interest bearing demand deposits | | 5,189,923 | 73% | | 5,399,818 | 73% | | 5,190,974 | 70% | | 5,176,364 | 69% | | ||||||||||||
| Time deposits | | 824,663 | 11% | | 840,346 | 11% | | 1,035,317 | 14% | | 1,004,980 | 14% | | ||||||||||||
| Brokered deposits | | 164,867 | 2% | | 154,824 | 2% | | 236,930 | 3% | | 266,950 | 4% | | ||||||||||||
| | | $7,203,201 | 100% | | $7,417,334 | 100% | | $7,414,198 | 100% | | $7,380,068 | 100% | | ||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
The Company actively participates in the ICS/CDARS program, a trusted resource that provides FDIC insurance coverage for clients that maintain larger deposit balances. Deposits in the ICS/CDARS program (which are included in interest-bearing deposits and time deposits in the preceding table) totaled $2.3 billion, or 31.5% of all deposits, as of September 30, 2026.
The Company’s correspondent bank deposit portfolio and funds managed consists of the following:
| ● | Noninterest-bearing deposits which represent correspondent banks’ operating cash used for processing transactions with the Federal Reserve, |
| ● | Money market deposits which represent excess liquidity, and |
| ● | EBA balances of the correspondent banks at the FRB. |
The Company had total uninsured and uncollateralized deposits of $2.0 billion and $1.6 billion as of September 30, 2026 and 2025, respectively.
Management will continue to focus on growing its core deposit portfolio, including its correspondent banking business at QCBT, as well as shifting the mix from brokered and other higher cost deposits to lower cost core deposits. With the significant success achieved by QCBT in growing its correspondent banking business, QCBT has developed procedures to proactively monitor this industry concentration of deposits and loans. Other deposit-related industry concentrations and large accounts are monitored by the internal asset liability management committees.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.