QCR HOLDINGS INC
For the period ended Mar 31, 2025. Filed May 9, 2025.
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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.
Mar 31, 2025 · Filed May 9, 2025
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Interest Expense
Interest expense decreased $3.7 million, comparing the first quarter of 2025 to the same period of 2024. The decrease was primarily due to the lower cost of funds. The Company’s cost of funds was 3.02% for the quarter ended March 31, 2025 a decrease from 3.35% for the quarter ended March 31, 2024 as the Federal Reserve began lowering interest rates in the second half of 2024.
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