QCR Holdings, Inc., the parent company of Quad City Bank & Trust and other subsidiary banks, announced Tuesday, May 26, that four Class III directors were elected at the company’s annual stockholders meeting last week.
Re-elected to three-year terms were:
- James M. Field, retired John Deere executive. He is QCR’s board vice chair.
- John F. Griesemer, president and CEO of Erlen Group, a privately-held family of industrial companies.
- Elizabeth S. Jacobs, president of The Jacobs Group, LLC, a Des Moines-based consulting firm specializing in energy and regulated utilities industries.
- Marie Z. Ziegler, retired John Deere executive. She is the board chair of QCR.
In addition, the board of directors on Wednesday, May 20, declared a cash dividend of 10 cents per share. It is payable Friday, July 3, to holders of the company’s common stock of record on Thursday, June 18.
Headquartered now in Moline, QCR Holdings is a relationship-driven, multi-bank holding company serving the Quad Cities; the Iowa communities of Cedar Rapids, Cedar Valley, Des Moines/Ankeny; and Springfield, Missouri, communities through its wholly owned subsidiary banks. The company operates a total of 36 locations in Iowa, Missouri, and Illinois.
As of the end of March, QCR had $9.6 billion in assets, $7.3 billion in loans and $7.8 billion in deposits.
The board’s annual meeting, held Thursday, May 21, comes on the heels of the company’s latest earnings report in April. The company announced 2026 first quarter net income of $33.4 million, and diluted earnings per share of $1.99. The results marked a new record for its first quarter.
In addition, construction is continuing on QCR’s new company headquarters in northeast Bettendorf. The facility will include a new Quad City Bank & Trust branch. The project broke ground a year ago.
