Qcr Holdings, Inc. · NASDAQ:QCRH
Qcr — Q3 2020 Earnings Presentation
14 slides from Qcr's earnings presentation, Oct 27, 2020
Slide 1: COVID-19 Exposure Q3 2020
COVID-19 EXPOSURE Q3 2020 rs
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This document contains, and future oral and written statements of QCR Holdings, Inc. (the “Company”) and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial conditio
Slide 3: PPP & LRP Participation
PPP & LRP Participation
Slide 4: PPP participation
PPP QCRH experienced robust client participation in the PPP. As of Sept. 30: •Total number of PPP loans: 1,698 •Total dollar amount: $358MM This total includes the acquisition of new, highly desired clients in our existing markets: •Number of new client loans: 309 (19% of total PPP loans) •Total of
Slide 5: Loan Relief Program
LOAN RELIEF The QCRH LRP offers immediate payment relief to consumer and small business loan clients. Loan Relief Program Round Two Participation, as of Sept. 30: •238 total loans/leases representing $83MM, or 1.95% of total loans/leases Loan Relief Program Impact on NPAs: •Only one loan totaling $1
Slide 6: Loan Relief by industry, Round One and Round Two
LOAN RELIEF A breakdown of the industries for Round One and Round Two as of Sept. 30: Industry Round One Round Two 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 $251 5.91% $9 0.21% 0.52%
Slide 7: Industry Concentration Disclosures
IndustryConcentration Disclosures
Slide 8: Primary higher-risk industries
PRIMARY The following industries were deemed higher risk in our commercial loan portfolio due to the COVID-19 pandemic. As of Sept. 30:
Slide 9: Hotel exposure
HOTEL As of Sept. 30, QCRH hotel exposure was $84MM, or 1.98% of total loans. Overview in Our Markets •Overall occupancy rates during the third quarter ranged from 35%-65% •Cedar Rapids area occupancy rates were 80%-100% due to a storm that hit the area in August •Our portfolio has little reliance o
Slide 10: Restaurant exposure
RESTAURANT As of Sept. 30, QCRH full and limited-service restaurant exposure was $40MM, or 0.94% of total loans. Overview in Our Markets •Most restaurants have socially-distant seating and continue to focus on carry out or drive-thru •Many restaurants with carry out and drive-thrus are performing we
Slide 11: Entertainment exposure
ENTERTAINMENT As of Sept. 30, QCRH arts, entertainment and recreation exposure was $28MM, or 0.66% of total loans. Overview in Our Markets •Minimal impact to golf courses; recreation centers are open with restrictions •Many entertainment businesses introduced online offerings, virtual tours and stre
Slide 12: Secondary retail exposure
SECONDARY As of Sept. 30, QCRH retail exposure was $232MM, or 5.45% of total loans. Overview in Our Markets •Third quarter retail sales increased 3.6% over last quarter •Automotive/truck/RV sales and repair performing very well and better than anticipated •Food and beverage industry continues to be
Slide 13: Secondary retail investment commercial real estate exposure
SECONDARY As of Sept. 30, QCRH retail investment commercial real estate exposure was $140MM, or 3.29% of total loans.
Slide 14: Multi-tenant and single-tenant property exposure
SECONDARY 76 Multi-tenant properties with exposure of $107MM or 2.52% of total loans. 41 Single-tenant properties with exposure of $29MM or 0.68% of total loans.