FWP
Investor Presentation
May 2015
Filed Pursuant to Rule 433
Registration Statement No. 333-197129
Issuer Free Writing Prospectus Dated May 4, 2015
Relating to Preliminary Prospectus Supplement Dated May 4, 2015

2
This
presentation
contains
certain
forward-looking
statements
within
the
meaning
of
Section
27A
of
the
Securities
Act
of
1933,
and
Section
21E
of
the
Securities
Exchange
Act
of
1934.
These
statements
include,
but
are
not
limited
to,
descriptions
of
the
financial
condition,
results
of
operations,
asset
and
credit
quality
trends,
profitability,
projected
earnings,
future
plans,
strategies
and
expectations
of
QCR
Holdings
Inc.
(the
“Company”).
The
Company
intends
such
forward-looking
statements
to
be
covered
by
the
safe
harbor
provisions
for
forward-looking
statements
contained
in
the
Private
Securities
Litigation
Reform
Act
of
1995
and
is
including
this
statement
for
purposes
of
complying
with
those
safe
harbor
provisions.
Forward-looking
statements,
which
are
based
on
certain
assumptions
of
the
Company,
are
generally
identifiable
by
use
of
the
words
“believe,”
“expect,”
“intend,”
“anticipate,”
“estimate,”
“project,”
“seek,”
“target,”
“potential,”
“focus,”
“may,”
“could,”
“should”
or
similar
expressions.
These
forward-looking
statements
express
management’s
current
expectations
or
forecasts
of
future
events,
and
by
their
nature,
are
subject
to
risks
and
uncertainties.
Therefore,
there
are
a
number
of
factors
that
might
cause
actual
results
to
differ
materially
from
those
in
such
statements.
Factors
that
might
cause
such
a
difference
include,
but
are
not
limited
to:
(i)
the
effects
of
future
economic,
business
and
market
conditions
and
changes,
domestic
and
foreign,
including
seasonality;
(ii)
governmental
monetary
and
fiscal
policies;
(iii)
legislative
and
regulatory
changes,
including
changes
in
banking,
securities
and
tax
laws
and
regulations
such
as
the
recently
enacted
Dodd-Frank
Wall
Street
Reform
and
Consumer
Protection
Act
and
the
recently
adopted
Basel
III
regulatory
capital
reforms
and
their
application
by
the
Company’s
regulators,
and
changes
in
the
scope
and
cost
of
Federal
Deposit
Insurance
Corporation
insurance
and
other
coverages;
(iv)
changes
in
accounting
policies,
rules
and
practices;
(v)
the
risks
of
changes
in
interest
rates
on
the
levels,
composition
and
costs
of
deposits,
loan
demand,
and
the
values
and
liquidity
of
loan
collateral,
securities,
and
other
interest
sensitive
assets
and
liabilities;
(vi)
the
failure
of
assumptions
and
estimates
underlying
the
establishment
of
reserves
for
possible
loan
losses
and
other
estimates;
(vii)
changes
in
borrowers’
credit
risks
and
payment
behaviors;
(viii)
changes
in
the
availability
and
cost
of
credit
and
capital
in
the
financial
markets;
FORWARD-LOOKING STATEMENTS

3
(ix)
changes
in
the
prices,
values
and
sales
volumes
of
residential
and
commercial
real
estate;
(x)
the
effects
of
competition
from
a
wide
variety
of
local,
regional,
national
and
other
providers
of
financial,
investment
and
insurance
services;
(xi)
the
risks
of
mergers,
acquisitions
and
divestitures,
including,
without
limitation,
the
related
time
and
costs
of
implementing
such
transactions,
integrating
operations
as
part
of
these
transactions
and
possible
failures
to
achieve
expected
gains,
revenue
growth
and/or
expense
savings
from
such
transactions;
(xii)
changes
in
technology
or
products
that
may
be
more
difficult,
costly,
or
less
effective
than
anticipated;
(xiii)
the
effects
of
war
or
other
conflicts,
acts
of
terrorism
or
other
catastrophic
events,
including
hurricanes,
storms,
droughts,
tornados
and
flooding,
that
may
affect
economic
conditions
generally
and
in
the
Company’s
markets;
(xiv)
the
failure
of
assumptions
and
estimates
used
in
the
Company’s
reviews
of
its
loan
portfolio,
the
review
of
its
credit
grading
methods
by
an
independent
firm
and
the
Company’s
analysis
of
its
capital
position;
and
(xv)
such
other
matters
as
discussed
in
this
presentation
or
identified
in
the
Company’s
periodic
filings
with
the
Securities
and
Exchange
Commission,
particularly
those
matters
described
under
the
heading
“Risk
Factors”
in
its
Annual
Report
on
Form
10-K
for
the
year
ended
December
31,
2014.
You
are
cautioned
not
to
place
undue
reliance
on
forward-looking
statements,
which
reflect
the
Company’s
outlook
only
and
speak
only
as
of
the
date
of
this
presentation
or
the
dates
indicated
in
the
statements.
The
Company
assumes
no
obligation
to
update
or
supplement
forward-looking
statements.
For
further
information
on
these
and
other
factors
that
could
impact
the
Company
and
the
statements
contained
herein,
reference
should
be
made
to
the
Company’s
filings
with
the
Securities
and
Exchange Commission.
This
presentation
is
a
summary
only.
The
Company
is
not
making
any
implied
or
express
representation
or
warranty
as
to
the
accuracy
or
completeness
of
the
information
contained
herein.
This
presentation
is
neither
an
offer
to
sell
nor
a
solicitation
of
an
offer
to
purchase
any
securities
of
the
Company.
Any
offer
to
sell
or
solicitation
of
an
offer
to
purchase
securities
of
the
Company
will
be
made
only
pursuant
to
the
preliminary
prospectus
supplement
and
accompanying
prospectus
filed
with
the
Securities
and
Exchange
Commission.
FORWARD-LOOKING
STATEMENTS
-
Continued

4
These
slides
contain
non-GAAP
financial
measures.
For
purposes
of
Regulation
G,
a
non-GAAP
financial
measure
is
a
numerical
measure
of
the
registrant’s
historical
or
future
financial
performance,
financial
position
or
cash
flows
that
excludes
amounts,
or
is
subject
to
adjustments
that
have
the
effect
of
excluding
amounts,
that
are
included
in
the
most
directly
comparable
measure
calculated
and
presented
in
accordance
with
GAAP
in
the
statement
of
income,
balance
sheet
or
statement
of
cash
flows
(or
equivalent
statements)
of
the
issuer;
or
includes
amounts,
or
is
subject
to
adjustments
that
have
the
effect
of
including
amounts,
that
are
excluded
from
the
most
directly
comparable
measure
so
calculated
and
presented.
In
this
regard,
GAAP
refers
to
generally
accepted
accounting
principles
in
the
United
States.
Pursuant
to
the
requirement
of
Regulation
G,
QCR
Holdings,
Inc.
has
provided
reconciliations
within
the
slides,
as
necessary,
of
the
non-GAAP
financial
measure
to
the
most
directly
comparable
GAAP
financial
measure.
NON-GAAP FINANCIAL MEASURES

5
Offering Overview
Offering Summary
Issuer
QCR Holdings, Inc.
Listing: Ticker
NASDAQ: QCRH
Closing Price
(1)
$18.77
Offering Type
Follow-on offering of common stock
Shares Offered
2,800,000
Overallotment
15%
Use of Proceeds
Repay senior debt and redeem subordinated debt at the parent
General corporate purposes, including, supporting the restructure
of certain long-term, high cost wholesale funding, supporting
organic growth, possible acquisitions of other financial institutions
and other long-term strategic opportunities
Directed Share Program
Yes
Joint Book Running Managers
Keefe, Bruyette & Woods / Raymond James
Co-Managers
FIG Partners / D.A. Davidson
(1)
Market data as of 5/1/15.

6
•
Director, President and Chief Executive Officer
•
Co-founded the company in 1993
•
Began
career
with
KPMG
Peat
Marwick
rising
to
Partner
and
served
as
a
Tax
Partner
of
McGladrey
& Pullen in the Quad Cities from 1991 to 1993
•
Specialized in bank taxation, taxation of closely held businesses, and mergers and acquisitions
Todd A. Gipple, CPA
•
Director, EVP, Chief Financial Officer and Chief Operating Officer
•
Joined QCR Holdings in January 2000
•
Began career with KPMG Peat Marwick and served as a Tax Partner of McGladrey & Pullen in the
Quad Cities from 1994 to 2000
•
Served as McGladrey’s Tax Partner in Charge of the Mississippi Valley Region and specialized in
bank taxation, taxation of closely held businesses, and mergers and acquisitions
•
Board
Member
(2009
–
present)
Douglas M. Hultquist, CPA
Today’s Speakers

7
Corporate Overview
NASDAQ –
QCRH
$2.5 Billion in Assets
$1.7 Billion in Loans
$1.7 Billion in Deposits
13 Facilities
Quad City Bank & Trust (5)
Cedar Rapids Bank & Trust (2)
Rockford Bank & Trust (2)
m2 Lease Funds LLC (1)
Community Bank & Trust (3)
Shares Outstanding:
8.0 Million
Ownership:
Insiders & Benefit Plans 23.0%
Institutional & Mutual Funds 21.7%
QCR
Holdings,
Inc.
-
Founded
in
1993
Headquartered
in
Moline,
IL
Source: Company documents and SNL Financial. Financial data as 3/31/15. Ownership data as of the most recently reported period.

8
Equity Offering Strategic Highlights
•
Bolsters capital ratios and brings TCE ratio more in-line with industry peers
•
Funding restructure significantly improves net interest margin
•
Shortens the time period to achieve our targeted 1.0% ROAA
•
Better positions us to continue to identify and cultivate accretive M&A
opportunities
•
Attracts additional institutional investors
•
Improves liquidity in the stock and may enhance trading performance

9
Investment Rationale
•
$2.5B asset bank holding company with critical mass in attractive and target rich markets in Iowa and Illinois
-
Top 2 bank with 11% market share in the Quad Cities, Iowa/Illinois and Top 4 in Cedar Rapids, Iowa with 8% share
-
Quad Cities is the International Headquarters for John Deere, major hub for Alcoa and houses Rock Island Arsenal,
the largest government-owned weapons manufacturing arsenal in the U.S.
-
Cedar Rapids is the International Headquarters for Rockwell Collins and U.S. Headquarters for Aegon N.V.
•
Differentiated
business
model
with
three
charters
allowing
banks
to
customize
solutions
by
market
-
Lending
teams
and
portfolios
differentiated
by
market
based
upon
areas
of
underwriting
and
credit
expertise
-
Supported by a QCRH Group Operations team that delivers operational services in a centralized and efficient manner
•
Additional products and services in correspondent banking, wealth management, and leasing
-
Correspondent
banking
–
veteran
correspondent
banking
team
with
depth
of
product
offerings
-
Wealth management division with $1.66B in trust accounts and $670MM in brokerage accounts
-
Commercial
leasing
business
with
$182.4MM
of
loans
/
leases
and
ROA
of
1.45%
(1)
•
Strong asset quality
•
Significant opportunity for market share gains and consolidation
•
Trading
at
a
discount
to
peers
on
both
a
tangible
book
value
and
earnings
basis
with
peers
trading
at
approximately
1.5x
TBV
and
13.0x
2015E
earnings
(2)
Source: FDIC deposit market share data as provided by SNL Financial. Deposit data is as of 6/30/14 as adjusted for acquisitions to the extent discernable. Market data per SNL Financial as of 5/1/15.
(1)
2015Q1 m2 net income of $1.0MM as adjusted for 35% tax rate expressed on an annualized basis.
(2)
Earnings estimates per FactSet consensus estimates and peer group based on Proxy filed 4/1/15 and excludes merger targets.

10
Correspondent Banking
Full Service Institution
•
Competitively positioned with veteran staff software,
systems and processes
•
More than 160 relationships to date with total non-
interest bearing deposits of $291 million at 3/31/15
•
Approximately a $64 million portfolio of
correspondent bank loans
•
Provides strong source of non-interest bearing
deposits, fee income and high-quality loan
participations
Wealth Management
SBA -
USDA Lending
m2 Lease Funds, LLC
•
$1.66B in Trust (and related) accounts and $670M
in Brokerage (and related) accounts
•
Full range of product offerings including Trust
Services, Brokerage and RIA, Asset Management,
Estate Planning and Financial Planning
•
Hired 4
new business development officers in 2014
and 2015 to continue to grow AUM
•
One of the leading SBA loan originators in two of
the Company’s primary markets –
ramping up in the
third
•
USDA loan origination focus is on the Business &
Industry Program providing guarantees to loans
originated to communities with populations < 50,000
-
Cedar
Rapids
Bank
&
Trust
ranks
1
st
in
the
state of Iowa for dollar volume of USDA
lending and 2
nd
in the nation by dollar volume
•
Quad City Bank & Trust acquired 80% ownership
August of 2005 and in September 2012 acquired
the remaining 20% ownership
•
Income has grown at a 20% CAGR since 2006
•
Historically strong asset quality
•
Key niches with lease specialists located in IA, IL,
WI, MN, SC, NC, GA, FL and PA:
-
Marine Equipment, Machinery/Machine
Tools, Office Technology, Printing, Telecom,
Bakery and Health Care

11
QCRH Market Overview
Source:
SNL
Financial.
Deposit
data
as
of
June
30,
2014.
Dollars
in
millions.
(1) 
Weighted
average
by
deposits.
Growth
rates
are
estimated
for
the
period
2015-
2020.
•
Meaningful market share position in each
MSA served, with room for continued
growth
•
Each MSA falls within the top 15 largest
MSAs in IL and IA by total deposits
•
All 4 MSAs are projected to have
household income growth above the
national average
Deposit Market Share Overview ($M)
Market
Rank
2
4
9
10
Weighted
Average
Income
Growth
(1)

12
Distribution
of
Institutions
in
Targeted
Markets
(1)
“Capitalizing”
on Opportunities in Our Market
Source: SNL Financial.
(1)
Target area includes top 25 MSAs listed in the Appendix to this presentation excluding Chicago, St. Louis and Omaha MSAs. Southern Wisconsin (defined as Milwaukee MSA and
south). Excludes mutual institutions.
•
Leverage renewed capital strength and relationship
driven approach to capture greater organic market
and relationship share
•
Selectively pursue accretive acquisition
opportunities
•
Operating markets are highly fragmented:
-
945 community banks are headquartered in
Illinois, Iowa and Wisconsin (58% are between
$100 million and $1.0 billion in assets)
-
340 community banks are headquartered in
top selected MSAs
(1)
in Illinois, Iowa and
Southern Wisconsin (61% are between $100
million and $1.0 billion in assets)
-
Heavy fragmentation provides a wealth of
opportunities from which to selectively pursue
targets
•
Targets will meet rigorous evaluation standards:
-
Cultural and strategic fit
-
Enhances competitive position
-
Drives market share
-
Enhances shareholder value
•
QCRH operating structure attractive to targets
Total

13
Top 25 MSAs / Iowa and Illinois
Source:
SNL
Financial.
Deposit
data
as
of
June
30,
2014.
CAGR
for
the
period
2015-
2020.
Projected
Median
Projected
Deposits
Number of
Number of
Total
Population
Household
Median HHI
($ M )
Institutions
Branches
Population
Growth
Income
CAGR
Chicago-Naperville-Elgin, IL-IN-WI
$354,011
212
2,994
9,570,110
0.23 %
$61,244
1.11 %
Saint Louis, MO-IL
93,445
134
920
2,806,626
0.18
54,888
1.17
Omaha-Council Bluffs, NE-IA
28,147
73
331
908,951
0.91
58,352
1.62
Des Moines-West Des Moines, IA
15,023
49
225
614,231
1.18
61,901
1.24
Bloomington, IL
13,715
34
66
193,887
0.69
62,503
1.76
Davenport-Moline-Rock Island, IA-IL
7,935
39
151
385,404
0.31
53,297
1.93
Peoria, IL
6,874
39
159
383,828
0.25
56,481
1.72
Cedar Rapids, IA
5,635
39
105
263,845
0.46
60,871
1.71
Springfield, IL
5,260
29
93
211,874
0.13
57,373
1.77
Rockford, IL
5,244
25
97
342,466
(0.27)
51,750
1.58
Champaign-Urbana, IL
5,034
35
105
236,754
0.37
49,194
1.71
Sioux City, IA-NE-SD
3,970
35
92
168,659
0.18
49,950
1.78
Ottawa-Peru, IL
3,639
33
85
150,509
(0.43)
51,044
1.64
Iowa City, IA
3,479
21
58
165,322
1.26
56,700
2.01
Waterloo-Cedar Falls, IA
2,974
23
70
170,496
0.42
53,367
2.33
Dubuque, IA
2,385
10
42
96,622
0.62
53,699
2.32
Ames, IA
2,090
19
40
93,608
0.79
51,321
1.47
Carbondale-Marion, IL
2,008
20
67
126,617
0.03
39,955
1.76
Kankakee, IL
1,900
18
41
111,203
(0.31)
52,213
1.79
Decatur, IL
1,893
14
40
108,351
(0.33)
46,487
1.77
Quincy, IL-MO
1,870
19
45
77,160
-
47,824
1.69
Paducah, KY-IL
1,844
15
45
97,591
(0.12)
44,754
1.71
Cape Girardeau, MO-IL
1,826
16
48
97,891
0.34
43,529
1.20
Effingham, IL
1,596
11
21
34,311
0.06
56,214
2.35
Fort Madison-Keokuk, IA-IL-MO
1,522
19
46
60,768
(0.22)
44,689
1.25
High
$354,011
212
2,994
9,570,110
1.26
%
$62,503
2.35
%
Low
1,522
10
21
34,311
(0.43)
39,955
1.11
Median
3,559
24
68.5
166,991
0.25
52,755
1.72
MSA

Financial Highlights
XXXXXXXXXXX

15
Financial Highlights
Source: Company documents. Dollars in millions. Total loans/leases includes deferred loan/lease origination costs, net of fees. NCOs/Avg. Loans for Q1 2014 and Q1 2015 are annualized.
(1)
2013 profitability metrics include the bargain purchase gain on CNB acquisition of $1.8 million, gains on CNB branch sales of $2.3 million and the $2.3 million of acquisition and data
conversion costs related to CNB acquisition.
(2)
Tangible
common
equity
is
defined
as
total
common
stockholders’
equity
excluding
goodwill
and
other
intangibles.
(3)
Measures not recognized under GAAP and are therefore considered to be non-GAAP financial measures. Please see the Appendix to this presentation for non-GAAP reconciliations.
(4)
Calculated prior to the impact of preferred dividends.
(5)
Represents non-interest expenses divided by the sum of net interest income before provision for loan/lease losses and total non-interest income.
•
Year over year net interest margin expansion of 14bps to 3.25%
•
Year over year loans and leases growth of $161 million or ~10.8%
•
EPS improved ~30% year over year, driven by an increase in income and the redemption of the remaining SBLF
•
Nonperforming assets ratios remain strong
2009
2010
2011
2012
2013
(1)
2014
2014Q1
2015Q1
($ millions except per share)
12/31/09
12/31/10
12/31/11
12/31/12
12/31/13
12/31/14
3/31/14
3/31/15
Balance Sheet
Total Assets
$1,780
$1,837
$1,967
$2,094
$2,395
$2,525
$2,426
$2,492
Total Loans/Leases
1,244
1,173
1,201
1,287
1,460
1,630
1,493
1,654
Total Deposits
1,089
1,115
1,205
1,374
1,647
1,680
1,672
1,734
Tangible Common Equity
(2)(3)
62
65
76
84
113
139
121
146
Consolidated Capital
TCE / TA (%)
(2)(3)
3.49
%
3.57
%
3.86
%
4.02
%
4.71
%
5.52
%
5.02
%
5.88
%
Tieir 1 Risk Based Ratio (%)
11.14
12.12
12.24
11.27
11.45
9.52
10.61
9.11
Total Risk-Based Capital Ratio (%)
12.52
13.70
13.84
12.71
12.87
10.91
12.03
10.41
TBV Per Share
(2)(3)
$13.62
$14.19
$15.92
$17.08
$14.29
$17.50
$15.34
$18.29
Asset Quality
NPAs / Assets (%)
2.27
%
2.73
%
2.06
%
1.41
%
1.28
%
1.31
%
1.18
%
1.21
%
NCOs / Avg. Loans (%)
1.00
0.79
0.70
0.27
0.31
0.34
(0.03)
0.22
Reserves / NPLs (%)
74.94
49.49
58.70
78.47
104.7
114.78
121.58
144.35
Profitability
Net Income to Common
($2.1)
$2.5
$4.4
$9.1
$11.8
$13.9
$3.2
$4.2
ROAA (%)
(4)
0.10
%
0.36
%
0.51
%
0.62
%
0.64
%
0.61
%
0.64
%
0.67
%
ROAE (%)
(4)
1.43
5.03
7.09
8.90
10.24
10.48
10.37
11.28
NIM (%)
3.14
2.92
3.08
3.14
3.03
3.15
3.11
3.25
Efficiency Ratio (%)
(5)
70.89
74.38
71.21
70.36
71.66
72.47
74.74
71.71
Diluted EPS
($0.46)
$0.53
$0.92.
$1.85
$2.08
$1.72
$0.40
$0.52

16
Total Consolidated Assets
CAGR From 1994-2014: 21.26%
Source: Company documents. Dollars in millions.

17
Loan Growth Trend
(1)
Strong Commercial Loan Growth
Source: Company documents. Dollars in millions.
(1)
Loan
composition
excludes
deferred
loan/lease
origination
costs,
net
of
fees.
(2)
Includes Commercial & Industrial, Commercial RE and Direct Financing Leases.
•
C&I and Direct Financing Lease
balances grew approximately 24% and
30%, respectively from 2013 to 2015Q1
•
13% overall loan growth from 2013 to
2015Q1 represented all organic growth
•
Commercial lending
(2)
represents more
than 85% of the portfolio
•
2013 loan growth supplemented by
acquisition of Community National
Bancorporation

18
Lease Asset Generation
m2 Lease Funds LLC Overview
Source: Company documents. Dollars in millions.
•
National equipment leasing platform
•
Focus includes commercial equipment
and assets, medical equipment, and
vehicles classified as heavy equipment
•
High yield portfolio; average gross yield for
Q1 2015 was approximately 8.4%
•
Historically strong asset quality
•
Target of 10% of consolidated assets
(~7.4% as of 3/31/15)

19
Classified Loans ($M) & NPAs / Assets
Asset Quality Overview
Source: Company documents. Dollars in millions.
Nonperforming
Assets
Composition
–
2015Q1
•
Management continues to focus on maintaining excellent asset quality and resolving problem assets
•
Potential problem assets in the form of classified loans continued their steady decline in 2015Q1; down
more than 51% from 2011

20
Average
Funding
Base
-
2010
Evolution of Funding Base
Source: Company documents. Dollars in millions.
Average
Funding
Base
–
2015Q1
2010 Cost of Funds: 1.79%
2010 Cost of Deposits: 1.13%
2015Q1 Cost of Funds: 0.72%
2015Q1 Cost of Deposits: 0.25%
Borrowings
33.4%
Noninterest
Bearing
Deposits
13.7%
$1,684M
Interest
Bearing
Demand
Deposits
25.3%
Time Deposits
27.6%
Borrowings
24.8%
Noninterest
Bearing
Deposits
25.2%
Interest
Bearing
Demand
Deposits
33.9%
Time Deposits
16.1%
$2,324M

21
Funding Restructure Impact
Source: Management and company filings. Dollars in millions.
(1)
Calculated as 3/31/15 amount outstanding multiplied by the Q1 2015 weighted average rate.
(2)
Net of funding costs required to remain net-neutral on duration. The estimated weighted average cost of the replacement funding is 1.03% resulting in an estimated pre-tax
benefit of 3.21%.
(3)
Represents estimated margin improvement on an annualized basis.
(4)
Estimated on a standalone basis, excluding the impact of potential earnings on the net proceeds of the capital raise.
•
Funding restructuring
can provide an
estimated 13 basis
points
(3)
improvement
in net interest margin
•
Estimated after-tax
earnings impact of
approximately $2.2
million
(4)
represents
an estimated 9 basis
points of ROAA based
on Q1 2015 average
balances
($ millions)
3/31/15
Amount
Outstanding
Q1 2015
Weighted
Average
Rate
Estimated
Pre-Tax
Interest
Expense
Savings
(1)
Subordinated Debt
(Series A)
$2.7
6.00%
$0.2
Senior Term Debt
$16.5
3ML +
300bps
(3.27%)
$0.5
Estimated Borrowings
Restructure
$85.5
4.24%
$2.7
(2)
Estimated Total
$104.7
4.13%
$3.4

22
Continued Strong Top Line Revenue Growth Trends ($M)
Attractive Revenue Mix & Growth Trend
Source: Company documents. Dollars in millions.
(1)
Excludes securities gains, bargain purchase gains, gains on sales of branches and loss on sale of OREO.
•
Strong fee income streams
provide stability and complement
to spread revenue
•
Key Differentiators:
-
Wealth Management
($2.3B in AUM)
-
Correspondent banking
(160+ relationships)
-
SBA / USDA guaranteed
loans
10.2% Y-o-Y
Growth

23
Net Income to Common Shareholders ($M)
Improving Returns for Common Shareholders
Source: Company documents. Dollars in millions.
Approximately ~54% Net Income to Common CAGR From 2010 –
2014; 31% Growth From 2014Q1 –
2015Q1

24
Strategies To Achieve A 1.0% ROAA
Source: Management.
(1)
Includes borrowings and brokered deposits.
•
Increase loans and leases to more than 70% of total assets (66% as of 3/31/15)
•
Continued reductions in wholesale funding to less than 15% of assets (26% as of
3/31/15
(1)
)
•
Increase gain on sale of USDA and SBA loans to a more significant and consistent
component of core revenue
•
Grow wealth management fee income by 15% annually (14.8% CAGR from 2010-2014)
•
Eliminate identified noninterest expenses and manage annual expense growth
•
Return asset quality metrics to better than peer levels
•
Participate as an acquirer in the consolidation taking place in our markets to further
boost ROAA and improve efficiency ratio
Strategic Initiatives to Achieve 1.0% ROAA

Concluding Remarks
XXXXXXXXXXX

26
Concluding Remarks
•
Critical mass in attractive and target rich markets in Iowa and Illinois
•
3 charter model allows subsidiary banks to customize solutions by market
•
Differentiated product offering includes correspondent banking, wealth
management, leasing and SBA/USDA lending
•
Strong asset quality
•
Significant opportunity for market share gains and consolidation
•
Attractively valued relative to peer institutions

3551 7
th
Street
Moline, Illinois 61265
www.qcrh.com

Appendix
XXXXXXXXXXX

29
History of QCR Holdings, Inc.
1993
Founded
by
Mike
Bauer
and
Doug
Hultquist
-
$14
Million
IPO
1994
Quad
City
Bank
&
Trust
(De
Novo)
–
Currently
$1.3
Billion
in
Assets
1995
Quad
City
Bancard
Formed
2001
Cedar
Rapids
Bank
&
Trust
(De
Novo)
–
Currently
$855
Million
in
Assets
(includes
Community
Bank
&
Trust
branches)
2005
Rockford
Bank
&
Trust
(De
Novo)
–
Currently
$355
Million
in
Assets
2005
Quad
City
Bank
&
Trust
acquires
80%
ownership
of
m2
Lease
Funds,
LLC
2007
First
Wisconsin
Bank
&
Trust
(De
Novo)
–
Milwaukee,
WI
2008
Quad
City
Bancard
sells
Merchant
Acquiring
Business
2008
Sale
of
First
Wisconsin
Bank
&
Trust
–
Milwaukee,
WI
2012
Quad
City
Bank
&
Trust
acquires
remaining
20%
ownership
of
m2
Lease
Funds,
LLC
–
Currently
$183
Million
in
Assets
2013
Quad
City
Bank
&
Trust
Sells
its
credit
card
portfolio
&
servicing
to
Fifth
Third
Bank
–
January
31,
2013
2013
QCR
Holdings
acquires
Community
National
Bancorporation
and
Community
National
Bank
(CNB)
on
May
13,
2013
2013
Community
National
Bank
merges
with
Cedar
Rapids
Bank
&
Trust
on
October
26,
2013
and
begins
operating
as
a
division of Cedar Rapids Bank & Trust under the name Community Bank & Trust. (QCR Holdings sells Mason City, IA
branches of CNB to Clear Lake Bank & Trust on October 4, 2013 and Austin, MN branches of CNB to
Eastwood
Bank
on
October
11,
2013.)
(Assets
included
with
Cedar
Rapids
Bank
&
Trust
–
above)
Source: Company documents. Subsidiary assets as of 3/31/15.

30
Executive Management Team
DOUGLAS M. HULTQUIST, CPA
President and Chief Executive Officer
37 Years in Banking / Financial Services
TODD A. GIPPLE, CPA
Executive Vice President,
Chief Operating Officer and Chief Financial  Officer
29 Years in Banking / Financial Services
JOHN H. ANDERSON
President and Chief Executive Officer,
Quad City Bank and Trust Company
Chief Deposit Officer, QCR Holdings, Inc.
28 Years in Banking / Financial Services
PETER J. BENSON
Executive Vice President, Chief Legal Counsel
32 years in Corporate and Personal Legal Services
STACEY J. BENTLEY
President and Chief Executive Officer,
Community Bank & Trust
34 Years in Banking / Financial Services
THOMAS D. BUDD
President and Chief Executive Officer,
Rockford Bank and Trust Company
28 Years in Banking / Financial Services
CHARLES S. BULLOCK
Executive Vice President,
Rockford Bank and Trust Company
43 Years in Banking / Financial Services
RICH W. COUCH
President and Chief Executive Officer,
m2 Lease Funds, LLC
27 Years in Banking / Financial Services
JILL A. DEKEYSER
Senior Vice President, Director of Human Resources
11 Years in Banking / Financial Services
JOHN R. ENGELBRECHT, MBA
President and Chief Executive Officer,
m2 Lease Funds, LLC
40 Years in Banking / Financial Services
SHAWNA M. GRAHAM,
CBA, CIA, CISA, CRP, MBA, CCBCO
Senior Vice President, Director of Risk Management
26 Years in Banking / Financial Services
LARRY J. HELLING
President and Chief Executive Officer,
Cedar Rapids Bank and Trust Company
Executive Vice President and Chief Lending Officer,
QCR Holdings, Inc.
35 Years in Banking / Financial Services
JOHN R. MCEVOY, JR.
Executive Vice President,
Chief Operations Officer & Cashier
Quad City Bank and Trust Company
38 Years in Banking / Financial Services
DANA L. NICHOLS
Executive Vice President, Chief Credit Officer,
26 Years in Banking / Financial Services
JOHN A. RODRIGUEZ, CCM
Executive Vice President,
Deposit Operations / Information Services
32 Years in Banking / Financial Services
M. RANDOLPH WESTLUND, CFA
Executive Vice President,
Chief Investment Officer
27 Years in Banking / Financial Services
CATHIE S. WHITESIDE, MBA
Executive Vice President,
Corporate Strategy, Human Resources and Branding
7 Years in Banking / Financial Services
MICHAEL J. WYFFELS
Senior Vice President,
Chief Information Officer
25 Years in Banking / Financial Services

31
•
3
distinct
(yet
similar)
operating
charters
–
able
to
customize
solutions
by
market
•
Managed by local veteran bankers, governed by local Board of Directors, local decisions,
local solutions, enhanced market specific knowledge
•
3
charters
supported
by
QCRH
Group
Operations
team
that
delivers
operational
services
in
a centralized and efficient manner
•
Credit quality historically better than peers
•
Historic deposit growth better than peers
•
Historic loan growth better than peers
•
Top 5 Deposit market share in Quad Cities and Cedar Rapids
•
Top 10 Deposit market share in Rockford and Waterloo/Cedar Falls
•
High touch service delivered locally by knowledgeable advisors
•
Opportunities in Correspondent Banking, Wealth Management, SBA/USDA lending, and m2
Leasing
The Strategic Value of our Separate Charters

32
Quad City Bank & Trust
John H. Anderson, President & CEO
Assets:
$1.3
Billion
(as
of
3/31/15)
Population:
385,404
Market
Deposits:
$7.9
Billion
Ranked
2  
with
10.8%
market
share
and
over
$850
Million
in
deposits
in
Davenport-Moline-Rock
Island
MSA
Finalist
2013
and
2014
–
Quad
Cities
Best
Place
to
Work.
Major Employers
Rock Island Arsenal
Deere & Company
Genesis Health Systems
HNI Corporation  / The Hon Company / Allsteel
Trinity Regional Health Systems
Tyson Fresh Meats
Alcoa
Kraft
3M
Excelon
Highlights –
Quad Cities
•
The Rock Island Arsenal is the largest government-owned military weapons
manufacturing arsenal in the United States
•
Alcoa
(Quad
Cities)
is
the
world’s
premier
aerospace
supply
plant
–
the
hub
of
Alcoa’s
$3B
aerospace
business
–
$300MM
expansion
completed
January 2014 creating 150 new jobs
•
International Headquarters for Deere & Company
•
Genesis Systems Group, one of North America’s largest robotic integrators,
completed a $4.6MM expansion in 2014
•
Material Control Systems (MATCON) completed a new $10MM logistics
facility and added 150 new jobs
•
Ranked
16
in
the
nation
for
high-tech
job
growth
•
Ranked as a Top 50 Military Friendly Community
•
Top 5 Defense & Aerospace Community
•
Ranked
15
in
the
nation
for
manufacturing
job
growth
What They’re Saying About the Quad Cities
Quad City Chamber: June 2014
“The Quad Cities offers unparalleled access to major Midwestern and global
markets, making it a prime location for logistics, distribution and warehousing
companies. With over 37 million people living within a 300 mile radius,
businesses have easy and efficient access to a strong network of
suppliers
and customers.”
Source: FDIC deposit market share data as provided by SNL Financial. Deposit data is as of 6/30/14 as adjusted for acquisitions to the extent discernable.
nd
th
th

33
Cedar Rapids Bank & Trust
Major Employers
Rockwell Collins
Aegon USA
St. Luke’s Hospital
Mercy Medical Center
Whirlpool Corporation
Kirkwood Community College
Quaker Food and Snacks
Cedar Rapids Community Schools
Amana Refrigeration
MCI
General Mills
Archer Daniels Midland
•
International Headquarters for Rockwell Collins
•
U.S. Headquarters for Aegon USA
•
Downtown Revitalization –
Double Tree by Hilton Cedar Rapids
Convention Complex $144MM, 2 year project resulted in 100,000 sq/ft
convention center and 267 room Double Tree Hotel
•
CRST International constructing 11-story, 113,000 sq/ft, $37MM world
headquarters building in downtown, expected to be completed in Q1 2016
•
Other downtown projects: PCI Medical Mall, Mercy Cancer Center,
Kingston Commons Condominiums, Public Library, City Hall, Fire Station
•
Top
city
in
Iowa
for
“Liveability”
and
29
th
in
the
country
•
Top 10 Healthiest Small Cities (Daily Finance, Feb. 2014)
•
Top 10 National Civic League’s All American Cities 2014
•
The largest corn-processing city in the world.
•
The second largest producer of wind energy in the United States
•
Top 10 (#6) Best Cities to Move to (MSN Real-estate, January 2014)
Cedar Rapids Metro Economic Alliance: June 2014
“Cedar Rapids is the second largest city in Iowa and is considered an
economic hub of the state, located in the core of the Interstate
380
Technology Corridor. Relatively low cost of living expenses and high income
levels give residents 10% more purchasing power than other Iowans and 13%
more than the average U.S. resident.”
Highlights -
Cedar Rapids
What They’re Saying About Cedar Rapids
* Includes the assets of Community Bank & Trust
Source: FDIC deposit market share data as provided by SNL Financial. Deposit data is as of 6/30/14 as adjusted for acquisitions to the extent discernable.
Larry J. Helling, President & CEO
Assets:
$855
Million*
(as
of
3/31/15)
Population:
263,845
Market
Deposits:
$5.6
Billion
Top 4 bank with 8.2% market share and over $464 Million
in deposits in Cedar Rapids MSA
2014
Finalist
–
Coolest
Place
to
Work
in
Cedar
Rapids

34
Rockford Bank & Trust
Thomas D. Budd, President & CEO
Assets:
$355
Million
(as
of
3/31/15)
Population:
342,466
Market
Deposits:
$5.2
Billion
Ranked
9
th
with
4.5%
market
share
and
over
$236
Million
in
deposits in Rockford MSA
Major Employers
Rockford Public School District
Swedish American Health Systems
Chrysler (Belvidere Assembly Plant)
Rockford Health System
Hamilton Sundstrand
Wal-Mart Stores
OSF St. Anthony Medical Center
Winnebago County
Woodward, Inc.
UPS
•
AAR (largest aircraft maintenance company in North America, and third largest in the world)
will open a new facility at Chicago Rockford Airport generating jobs for 500 people
•
Rock Valley College building $5.1MM aviation maintenance training center to better serve the
region’s aerospace industry and attract business and jobs to Rockford
•
Logistical
Operations
Hub
–
Current
home
to
large-scale
UPS
and
Con-way
Freight,
recent
ground breaking for FedEx facility generating 150 new jobs
•
Downtown revitalization –
150 room, $54MM hotel and convention center developed by
Gorman & Co.
•
Riverfront
sports
complex,
$18MM,
115,000
sq/ft
to
be
one
of
the
largest
in
the
Midwest
•
Top 10 in the Most Affordable MSA’s in America
•
Considered Illinois’
second largest city
•
6
th
highest
concentration
of
Aerospace
production
employment
in
the
U.S.
•
Named lead bank in approved loans to Veteran-owned businesses in Illinois
•
Top 20 “Best Cities for Manufacturing Jobs”
Rockford Chamber of Commerce: June 2014
“Rockford,
as
part
of
the
greater
Chicago
region,
is
part
of
the
third
largest
multi-modal
system in the world and largest in the United States. From the Rockford area, businesses
can reach 80% of U.S. households within a 24-hour truck drive. The Rockford Region is
within a one hour drive of O’Hare International Airport, one of three truly global airports in
the U.S.”.
Highlights -
Rockford
What They’re Saying About Rockford
Source: FDIC deposit market share data as provided by SNL Financial. Deposit data is as of 6/30/14 as adjusted for acquisitions to the extent discernable.

35
Community Bank & Trust
Stacey
J.
Bentley,
President
&
CEO
Assets:
$120
Million*
(as
of
3/31/15)
Population:
170,496
Market
Deposits:
$3.0
Billion
Top
10
bank
with
4.3%
market
share
and
over
$127
Million
in
deposits
in
Waterloo
/
Cedar
Falls
MSA
Major Employers
John Deere
Wheaton Franciscan Healthcare
Tyson Fresh Meats
Allen Memorial Hospital
University of Northern Iowa
Target Regional Distribution Center
Area Education Agency 267
Omega Cabinetry Ltd.
CBE Companies, Inc.
Bertch Cabinets
Highlights –
Waterloo/Cedar Falls
Greater Cedar Valley Chamber of Commerce: June 2014
“The Cedar Valley location is perfect if your business needs access to some of the
great
metropolitan
hubs
of
the
Midwest.
Within
five
hours
of
the
Cedar
Valley,
you
can
reach ten metro areas including Chicago, St. Louis, Milwaukee, Minneapolis, and
Omaha.”
•
John Deere investing $40MM in its tractor testing labs, adding 62,000 sq/ft
of additional space
•
John
Deere
recently
completed
$150MM
modernization
of
John
Deere
Foundry
–
total
investment by Deere in Waterloo in the last decade equals $1B
•
The
city
of
Waterloo
provisionally
approved
for
$12MM
in
funding
for
the Techworks
Campus Reinvestment District (June 2014). The District projects a capital investment
of $74.1MM to include a John Deere training center and hotel.
•
First Gigabit city in Iowa and one of eight in the U.S.
•
Cost of living is 11% below the national average
•
Waterloo-Cedar Falls is a Blue Zones Demonstration Community
•
Community
Bank
&
Trust
became
the
1
st
Iowa
bank
designated
as a Blue Zone Worksite
•
The
University
of
Northern
Iowa
is
ranked
2
nd
in
the
“Best
Regional
Universities
Midwest”
category for public universities (US News & World Reports, 2013)
What They’re Saying About Waterloo-Cedar Falls
* Assets also included in the total for Cedar Rapids Bank & Trust
Source: FDIC deposit market share data as provided by SNL Financial. Deposit data is as of 6/30/14 as adjusted for acquisitions to the extent discernable.

36
Tangible Common Equity to Tangible Assets and Tangible Book Value Per Share
Non-GAAP Reconciliations
Source: Company documents. Dollars in thousands.
As of and for the
As of and for the
Year Ended
Quarter Ended
December 31,
March 31,
($ in thousands, except per share data)
2009
2010
2011
2012
2013
2014
2014
2015
Tangible common equity
Total equity
125,595
$         
132,571
$         
144,433
$         
140,434
$         
147,577
$         
144,079
$         
141,357
$         
150,996
$         
Less: Preferred Equity
58,578
             
62,214
             
63,386
             
53,163
             
29,824
             
-
                        
14,824
             
-
                        
Less: Noncontrolling interests
1,700
               
1,648
               
2,052
               
-
                        
-
                        
-
                        
-
                        
-
                        
Less: Goodwill and intangible assets
3,294
               
3,280
               
3,262
               
3,252
               
5,107
               
4,894
               
5,055
               
4,844
               
Tangible common equity
62,024
$          
65,429
$          
75,733
$          
84,019
$          
112,646
$        
139,185
$        
121,478
$        
146,152
$        
Tangible book value per share
13.62
$            
14.19
$            
15.92
$            
17.08
$            
14.29
$            
17.50
$            
15.34
$            
18.29
$            
Tangible Assets
Total assets
1,779,646
$      
1,836,635
$      
1,966,610
$      
2,093,730
$      
2,394,953
$      
2,524,958
$      
2,426,319
$      
2,491,659
$      
Less: Goodwill and intangible assets
3,294
               
3,280
               
3,262
               
3,252
               
5,107
               
4,894
               
5,055
               
4,844
               
Tangible assets
1,776,352
$      
1,833,355
$      
1,963,348
$      
2,090,478
$      
2,389,846
$      
2,520,064
$      
2,421,264
$      
2,486,815
$      
Tangible common equity to tangible assets
3.49%
3.57%
3.86%
4.02%
4.71%
5.52%
5.02%
5.88%