Qcr Holdings, Inc. · NASDAQ:QCRH
Qcr — Q4 2020 Earnings Presentation
10 slides from Qcr's earnings presentation, Jan 27, 2021
Slide 1: COVID-19 Exposure Q4 2020
COVID-19 EXPOSURE Q4 2020 QCR HOLDINGS, INC.
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, among others, the following: (i) the strength of the local,
Slide 3: PPP & LRP Participation
PPP &LRP Participation
Slide 4: PPP
PPP In 2020, QCRH originated 1,698 PPP loans with a total of $358MM. •As of Dec. 31, 2020, 316 of these loans, totaling $85MM were paid off. This total includes the acquisition of new, highly desired clients in our existing markets: •Number of new client loans: 309 (18% of total PPP loans) •Total of
Slide 5: Loan Relief
LOAN RELIEF The QCRH LRP offers immediate payment relief to consumer and small business loan clients. •As of Dec. 31, 2020, there were $28MM or 0.66% of total loans and leases still on deferral. •This is down from $83MM or 1.98% of total loans and leases on deferral, as of Sept. 30, 2020. Loan Relie
Slide 6: Loan Relief: Deferrals by Industry
LOAN RELIEF A breakdown of the industries for deferrals: Industry Deferrals as of Sept. 30, 2020 Deferrals as of Dec. 31, 2020 Total Amount (in millions) % of Total Loans/Leases Total Amount (in millions) % of Total Loans/Leases % of Loans in Industry Segment All Investment Real Estate $9 0.21% $9 0
Slide 7: Asset Quality
ASSET QUALITY 7 **Classified loans are defined as C&I and CRE loans with internally assigned risk ratings of 7 or 8, regardless of performance.
Slide 8: Industry Concentration Disclosures
Industry Concentration Disclosures
Slide 9: Primary
PRIMARY The following industries were deemed higher risk in our commercial loan portfolio due to the COVID-19 pandemic. As of Dec. 31:
Slide 10: Secondary
SECONDARY As of Dec. 31, QCRH retail exposure was $213MM, or 5.01% of total loans. Overview in Our Markets •Grocery-related sales continue to grow. •Automotive/truck sales in our markets remain strong and better than the national average, which reported an estimated 15% decline from the previous yea