Correspondence 0001171843-24-004865 from QCR HOLDINGS INC (QCRH) (CIK 0000906465) (QCRH)
QCR HOLDINGS INC (QCRH) (CIK 0000906465)
Date: Aug. 20, 2024 · CIK: 0000906465 · Accession: 0001171843-24-004865
AI Filing Summary & Sentiment
File numbers found in text: 000-22208
Referenced dates: August 9, 2024
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CORRESP
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August 20, 2024
VIA EDGAR
Division of Corporation Finance
Disclosure Review Program
U.S. Securities and Exchange Commission
Washington, D.C. 20549
Attention: Charlotte Young and Amanda Ravitz
Re: QCR Holdings, Inc.
Definitive Proxy Statement on Schedule 14A
Filed April 8, 2024
File No. 000-22208
Dear Ms. Young and Ms. Ravitz:
QCR Holdings, Inc. (the “Company”) is in receipt of a letter
dated August 9, 2024 (the “Comment Letter”) from the staff of the Securities and Exchange Commission (the “Staff”)
concerning the above-captioned filing of the Company.
In accordance with the Staff’s Comment Letter, the Company represents
as follows:
1. In its discussion of Pay Versus Performance on page 44 in the above-captioned filing, the Company included “Adjusted Earnings
Per Share”, a non-GAAP measure, as its Company-Selected Measure pursuant to Regulation S-K Item 402(v)(2)(vi). The Company will
revise its future proxy disclosures to show how this number is calculated from its audited financial statements.
2. The Company will further revise its future proxy disclosures to ensure that the all the graphs included will properly reflect the
data provided on both the x-axis and y-axis.
The Company believes the foregoing provides a complete response to the
Staff’s Comment Letter.
Thank you for your time and feedback on the Company’s disclosures.
If you have questions regarding the foregoing or require any additional information, please feel free to contact me directly at (309)
743-7745 or tgipple@qcrh.com.
Sincerely,
/s/ Todd A. Gipple
Todd A. Gipple
President & Chief Financial Officer