Qcr Holdings, Inc. · NASDAQ:QCRH
Qcr — Investor Presentation (September 2011)
29 slides from Qcr's investor presentation, Sep 1, 2011
Slide 1: QCR Holdings, Inc.
. R HOLDINGS, INC.
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS 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,
Slide 3: Forward-Looking Statements - Continued
FORWARD-LOOKING STATEMENTS - Continued (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 o
Slide 4: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES 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 adj
Slide 5: Table of Contents
ook Ho! IGS, INC. a relationship driven organization” Table of Contents Rockford Bank & Trust........ 6 QCR Holdings, Inc. ............. 11 Einanclalsiine Aveta 14 Our Strategy siicsiccssiseccecceces 22 Strategic Advantages.......... 24 7213). [110 |) oo eee renee 26
Slide 6: Rockford Bank & Trust Overview
ROCKFORD BANK & TRUST Rockford Bank & Trust Overview January 3, 2005, August 2006 November 2006 May 2009 June 30, 2011 # of Employees: ROCKFORD BANK & TRUST - SNAPSHOT Rockford Bank &Trust is legally formed. Rockford Bank &Trust surpasses $100 Million in assets. Guilford Road facility opened Rockfor
Slide 7: Summary of Financial Results 2006-2011
BANK & TRUST ROCKFORD Summary of Financial Results 2006-2011 IN THOUSANDS OF DOLLARS AcTuALYTO sanunuzen Net interest income $1,513 $2,948 $4,953 $6,448 $8,042 $4286 $8,572 ‘Nor-interest income 133 649 1,029 4,161 1,335 832 1,664 Non-interest expense (2,886) (4,215) (5,462) (7,092) (7,394) (3,791) (
Slide 8: Total Consolidated Assets
Total Consolidated Assets IN MILLIONS OF DOLLARS $300 $250 $200 $150 $100 $50 $0 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10
Slide 9: Total Consolidated Deposits
Total Consolidated Deposits IN MILLIONS OF DOLLARS $250 $200 $150 $100 $50 $0 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10
Slide 10: Rockford Bank & Trust Peer Analysis
ROCKFORD BANK & TRUST Rockford Bank & Trust Peer Analysis Institution Name enters Canny nt Depeanss Market Share, ust Based 1. BMO Harris 12 888,501 18.6% NA 2. Alpine Bank "1 656,309 13.7% 13.93% 3. JP Morgan Chase z 654,570 13.7% NA 4. Associate Bank 8 558,424 1.7% NA 5. PNC Bank 8 342,592 7.2% NA
Slide 11: Corporate Overview
ook Ho! IGS, INC. a'relationship driven organization’ Corporate Overview SYMBOL - QCRH $18 ion in assets $ 1.2 Billion in deposits $ 1.2 Billion in loans 10 Facilities ‘Quad City Bank & Trust (5) Rockford Bank & Trust (2) Cedar Rapids Bank & Trust (2) m2 Lease Funds LLC (1) Shares Outstanding: 4.7 M
Slide 12: Top MSAs / Iowa and Illinois
Top 25 MSAs / lowa and Illinois henge eet apie, LIN sonst el a2 srmsi9 ss36 07% Sant ou, MO ‘saat ve os 2asisi0 sr no mat Caine, NEA stesors % a0 soa an Dovepet sine Rec nnd A ‘rasta a 1 ssia70 4s oa s6ass2 2 7 S451 se ear sez = 106 a8 oy ed Reps suania » 108 ‘as ne Chapala sess ca “0 som ne sorta p
Slide 13: History of QCR Holdings, Inc.
nck... arelationship di History of QCR Holdings, Inc. 1993 Founded by Mike Bauer and Doug Hultquist 1994 Quad City Bank & Trust* — Currently $1.04 Billion in Assets 2001 Cedar Rapids Bank & Trust* — Currently $558 Million in Assets 2005 Rockford Bank & Trust* — Currently $272 Million in Assets 2005
Slide 14: Summary of Financial Results 2006-2011
ook Ho! IGS, INC. a relationship driven organization’ Summary of Financial Results 2006-2011 IN THOUSANDS OF DOLLARS Net interest income $29,896 $34,352 $44,623 $50,662 $49,864 © $26,160 $52,320 ‘Non-interest income 10,998 13,499 13,931 15,547 15.406 9,230 18,460 Non-interest expense (34,063) (35,73
Slide 15: Total Consolidated Assets
Total Consolidated Assets IN MILLIONS OF DOLLARS CAGR 1994-2010 27.23% CAGR 1994-2007 32.26% CAGR 2008-2010 7.54% 2 $2,000 $1,750 $1,500 $1,250 $1,000 $750 $500 $250 $0 2 iS sy iS 2 a a a a a a a | 8 8 8 8 8 8 $ 8 B B Ss $ & B B Bs 686 6 6 86 é 6 6 6 8 6 &§ & 6 8 BSB
Slide 16: Total Consolidated Deposits
Total Consolidated Deposits IN MILLIONS OF DOLLARS $1,200 $1,000 $800 $600 $400 $200 $0 ee ee 2228 2 8 8 8 28 8 8 8 8 8 8 8
Slide 17: A Closer Look: Total Consolidated Deposits (2006 vs. 2010)
aes HOLDINGS, INC. a relationship driven organization’ A Closer Look: Total Consolidated Deposits (2006 vs. 2010) December 31,2006 Total $875.5 MM "Non Interest Bearing Demand $124.2 MM oF 14% "Interest Bearing ‘$334.0 MM or 38% “co's $417.3 MM oF 48% RETAIL: $345.8 MM or 40% BROKERED: $71.4 MM or 8
Slide 18: Loan Portfolio Composition
aes HOLDINGS, INC. Loan Portfolio Composition June 30, 2011 IN MILLIONS OF DOLLARS TYPE Dollar Mix Percent Mi Commercial & Industrial $ 368.6 31.2 % Non Owner Occupied Commercial Real Estate 334.6 28.3 Owner Occupied Commercial Real Estate 163.1 138 Residential Real Estate 86.0 74 Direct Financing L
Slide 19: Peer Credit Analysis Graphs: Non-Performing Assets / Assets
aes HOLDINGS, INC. Peer Credit Analysis Graphs Non-Performing Assets / Assets INSTITUTION (CKER NPAs /ASSETS Peer Group: (ld Second Banc ne. ose a7 wack ee Peerean Soutweet Bano le. oss oH ca Macatawa Bark Corporation woe 9.00 Mercantile Bancorp, ne eR 77 40% Bayle Co, Bix 516 arcane Bank Corporatio
Slide 20: Peer Comparisons
Peer Comparisons Assets Total Capital TCE Texas Ratio NPAs/Assets ROAE Efficiency Price/Tangible Book Data as of June 30, 2011 QCR Holdings, Inc. $1.9 Billion Average $ 3.0 Billion 15.1% 6.97% 68.6% 42% 8.0% 66% 113% Median $2.5 Billion 15.8% 7.30% 29.2% 2.8% 9.2% 64% 133%
Slide 21: Book Value of Common Stock vs. Market Value
ook Ho! IGS, INC. Book Value of Common Stock Vs. Market Value IN MILLIONS OF DOLLARS. $100 | $90 $80 $70 $60 $50 $40 $30 $20 $10 $0 bec92 Dec9é DeC9S Dec9G Decd7 OecIB Dec99 DeCOO Deco OECD? DECO2 DEcO4 DEcOS Dec.0G Der-07 DecOB Dec-09 DecI0 Hi 200k Value) Market Value T=
Slide 22: Strategic Issues Impacting Stock Price
Strategic Issues Impacting Stock Price Low Tangible Common Equity Ratio — More Common Shares? Treasury Capital of $38.2 Million — How Will It Be Redeemed? Asset Quality Questions — Have NPA’s Peaked? “Normalized” Earnings — When and What? Where Will Growth Come From?
Slide 23: Entity Wide Strategic Initiatives
Entity Wide Strategic Initi Prioritization of growth in earnings and earnings per share (EPS), over growth in assets Preservation of capital and increasing tangible common equity (TCE) to allow for redemption of Treasury Capital without the need for a dilutive common equity raise Continue to maintai
Slide 24: Strategic Advantages
nck... Strategic Advantages + 3 distinct (yet similar) operating charters — able to customize solutions by market * Managed by local veteran bankers and governed by local Board of Directors + Credit quality better than peers + Historic growth better than peers * Top 5 Deposit market share in Quad Ci
Slide 25: Thank You - Questions
Than, (OU, LE QCR HOLDINGS. INC. Questions
Slide 26: Appendix
nF INC. a relationship driven organization Appendix
Slide 27: Peer Credit Analysis Graphs: Non-Performing Assets / Loans + OREO
aes HOLDINGS, INC. Peer Credit Analysis Graphs Non-Performing Assets / Loans + OREO NPAS | iwstrTuTiON TICKER sayesorPA! Peer Group Old Second Bancorp, inc. osec 16.10 ecRH iReer Mean Macatawa bark Corporation cee pe 70% Southwest Bancorp, ne sb 1106 box ae mee 1038 Baylake Corp. ‘BYLK 8.30 alan ‘Ta
Slide 28: Peer Credit Analysis Graphs: NCOs and Provision Expense
aes HOLDINGS, INC. a'relationship driven organization’ Peer Credit Analysis Graphs NCOs / Average Loans Provision Expense / NCOs —BOCRH =O PeerMean BH CCRH | Oe PeerMean 30% 500.0% 00.0% 20% 300.0% 200% 10% 100.0% 00% oox + novos 200901 200902 200903 2onaas 201001 2m1002 201003 2o1004 zoniat 2onia2
Slide 29: Peer Analysis 2011 Q2
eins Peer Analysis 2011 Q2 Source: SNL Financial, data for te quarter ended 6/30/11. Note: Texas rato equal to (NPAs + Loans 90 Days Past Due) (Tangible Common Equly + Loan Loss Reserves.
QCR Holdings — Investor Presentation (September 2011) on 6ix