QCR HOLDINGS INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
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Subordinated Notes
The Company had subordinated notes totaling $233.1 million and $232.7 million as of December 31, 2023 and 2022, respectively. The Company completed private placements of $100.0 million in aggregate principal amount of fixed-
to-floating subordinated notes in the third quarter of 2022. The Company acquired $19.6 million of subordinated notes during 2022 with the GFED acquisition.
See Note 13 to the Consolidated Financial Statements for additional information regarding the subordinated notes.
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