QCR Holdings, Inc. Elects Marie Ziegler as Board Chair; Announces a Cash Dividend of $0.06 Per Share
QCR Holdings, Inc. (NASDAQ: QCRH) announced the election of Marie Z. Ziegler as Chair of the Board of Directors, succeeding Patrick S. Baird, who will remain on the Board. Additionally, the Board declared a cash dividend of $0.06 per share, payable on July 7, 2021, to stockholders of record on June 18, 2021. As of March 31, 2021, the Company reported approximately $5.6 billion in assets, $4.4 billion in loans, and $4.6 billion in deposits, highlighting its strong position in the banking sector.
- Election of Marie Z. Ziegler as Chair may enhance leadership stability.
- Announcement of a cash dividend of $0.06 suggests confidence in financial stability.
- Strong asset base of $5.6 billion underlines the company's financial health.
- None.
MOLINE, Ill., May 24, 2021 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced Marie Z. Ziegler, a member of the Board of Directors since 2008, was elected Chair of the Board of Directors. Ziegler replaces former Chair Patrick S. Baird, who will remain on the Board.
Additionally, on May 19, 2021, the Company’s Board of Directors declared a cash dividend of
About Us
QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company engages in commercial leasing through its wholly owned subsidiary, m2 Equipment Finance, LLC, based in Milwaukee, Wisconsin, and also provides correspondent banking services. The Company has 23 locations in Iowa, Missouri, Wisconsin and Illinois. As of March 31, 2021, the Company had approximately
Contacts:
| Todd A. Gipple | Kim K. Garrett |
| President | Vice President, Corporate Communications |
| Chief Operating Officer | Investor Relations Manager |
| Chief Financial Officer | (319) 743-7006 |
| (309) 743-7745 | kgarrett@qcrh.com |
| tgipple@qcrh.com |
