QCR HOLDINGS INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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FY2024 · Filed Feb 28, 2025

QCRH$103.26+2.4%Stored close · as of Nov 9, 2026

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Contents

Loans/Leases

During 2024, total loans/leases grew 3.7%, or 10.9%, when excluding the $386.5 million in loan securitizations during the year. The mix of loan/lease types within the Company’s loan/lease portfolio is presented in the following tables.


· · As of ·
· · December 31, 2024 · · · December 31, 2023 ·
· Amount · % · · Amount · %
		(dollars in thousands)

C&I - revolving	$387,991	6%		$325,243	5%
C&I - other	1,514,932	22%		1,481,778	23
CRE - owner occupied	605,993	9%		607,365	9
CRE - non-owner occupied	1,077,852	16%		1,008,892	16
Construction and land development	1,313,543	19%		1,420,525	22
Multi-family	1,132,110	17%		996,143	15
Direct financing leases	17,076	-	%	31,164	-
1-4 family real estate	588,179	9%		544,971	8
Consumer	146,728	2%		127,335	2
Total loans/leases	$6,784,404	100%		$6,543,416	100%
Less allowance	(89,841)			(87,200)
Net loans/leases	$6,694,563			$6,456,216

CRE loans are predominantly included within the CRE – owner occupied, CRE – non-owner occupied, construction and land development and multi-family loan classes, however, CRE loans can also be included in 1-4 family real estate based on the nature of the loan. As CRE loans have historically been the Company’s largest portfolio segment, management places a strong emphasis on monitoring the composition of the Company’s CRE loan portfolio. For example, management tracks the level of owner-occupied CRE loans relative to non-owner-occupied loans because owner-occupied loans are generally considered to have less risk. Additionally, the Company reviews CRE concentrations by industry in relation to risk-based capital on a quarterly basis. Approximately 43% of the CRE portfolio are LIHTC loans of which all are performing and all are pass rated.

Historically, the Company structures most residential real estate loans to conform to the underwriting requirements of Freddie Mac and Fannie Mae to allow the subsidiary banks to resell the loans on the secondary market to avoid the interest rate risk associated with longer term fixed rate loans and recognizing noninterest income from the gain on sale. Loans originated for this purpose were classified as held for sale and are included in the residential real estate loans in the table above. Historically, the subsidiary banks structure most loans that will not conform to those underwriting requirements as adjustable-rate mortgages that mature or adjust in one to five years, and then retain these loans in their portfolios. The Company also holds 15-year fixed rate residential real estate loans originated in prior years that met certain credit guidelines. In addition, the Company has not originated any subprime, Alt-A, no documentation, or stated income residential real estate loans throughout its history.

The following tables set forth the remaining maturities by loan/lease type as of December 31, 2024 and 2023. Maturities are based on contractual dates.


· · As of December 31, 2024
· · · · · · · · · · · · · · Maturities After One Year
· · Due in one · · Due after one · · Due after 5 · · Due after · · Predetermined · · Adjustable
· year or less · through 5 years · through 15 years · · 15 years · interest rates · interest rates
· · (dollars in thousands)

C&I - revolving	$290,702	$96,689	$600	$—	$28,306	$68,983
C&I - other	241,747	842,568	301,673	128,944	886,330	386,855
CRE - owner occupied	86,065	340,535	160,258	19,135	324,166	195,762
CRE - non-owner occupied	250,736	614,583	190,362	22,171	634,587	192,529
Construction and land development	175,329	241,147	29,310	867,757	162,472	975,742
Multi-family	36,138	180,199	310,731	605,042	179,003	916,969
Direct financing leases	2,059	15,017	—	—	15,017	—
1-4 family real estate	44,112	154,489	165,514	224,064	385,908	158,159
Consumer	16,385	57,306	72,530	507	62,735	67,608
	$1,143,273	$2,542,533	$1,230,978	$1,867,620	$2,678,524	$2,962,607


· · As of December 31, 2023
· · · · · · · · · · · · · · Maturities After One Year
· · Due in one · · Due after one · · Due after 5 · · · Due after · Predetermined · · Adjustable
· year or less · through 5 years · through 15 years · · · 15 years · interest rates · interest rates
· · (dollars in thousands)

C&I - revolving	$233,863	$82,045	$9,335	$—	$22,493	$68,887
C&I - other	255,913	738,966	355,756	131,143	821,463	404,402
CRE - owner occupied	47,107	331,933	205,090	23,235	381,218	179,040
CRE - non-owner occupied	131,038	665,220	177,934	34,700	683,516	194,338
Construction and land development	269,193	256,029	82,176	813,127	223,164	928,168
Multi-family	17,873	178,245	275,159	524,866	170,477	807,793
Direct financing leases	1,710	29,043	411	—	29,454	—
1-4 family real estate	22,368	172,885	169,420	180,298	410,837	111,766
Consumer	10,269	53,736	62,807	523	56,048	61,018
	$989,334	$2,508,102	$1,338,088	$1,707,892	$2,798,670	$2,755,412

See Note 3 to the Consolidated Financial Statements for additional information on the Company’s loan/lease portfolio.

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