QCR Holdings (QCRH) Tops Q1 EPS by 4c

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QCR Holdings (QCRH) Announces Merger with Springfield Bancshares Inc. in $86.7M Transaction

April 18, 2018 9:02 AM EDT

QCR Holdings, Inc. (NASDAQ: QCRH) and Springfield Bancshares, Inc. jointly announced today the signing of a definitive agreement whereby QCR Holdings will purchase 100% of the outstanding common stock of Springfield Bancshares, Inc. (Springfield Bancshares), the holding company of Springfield First Community Bank (SFC Bank). Established as a de novo bank in 2008, SFC Bank is headquartered in Springfield, Missouri. QCR Holdings will continue to operate SFC Bank retaining its separate charter and brand within the Springfield, Missouri market to promote continuity and to build upon SFC Banks legacy of high-touch service to its commercial and... More