WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

Date of Report                                                      May 17, 2004
(Date of earliest event reported)                                   May 17, 2004

                               QCR Holdings, Inc.
             (Exact name of Registrant as specified in its charter)

                 (State or other jurisdiction of incorporation)

        0-22208                                        42-1397595
------------------------                 ---------------------------------------
(Commission File Number)                 (I.R.S. Employer Identification Number)

3551 Seventh Street, Suite 204, Moline, Illinois                         61265
   (Address of principal executive offices)                           (Zip Code)

                                 (309) 736-3580
              (Registrant's telephone number, including area code)

Item 5.  Other Information

On May 17, 2004,  QCR  Holdings,  Inc. (the  "Company") issued a press release
announcing that its subsidiary, QCR Capital Trust I, will redeem on June 30,
2004 (the "Redemption Date") all of its 9.20% Trust Preferred Securities and
its  9.20%  Common  Securities  at  a  redemption  price  equal  to  the  $10.00
liquidation  amount of each  security  plus all accrued and unpaid  interest per
security up to the  Redemption  Date. A copy of the  Company's  press release is
attached hereto as Exhibit 99.1.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

                  (a)      Financial Statements of Business Acquired.


          (b)      Pro Forma Financial Information.


         (c)      Exhibits.

                  99.1     Press Release dated May 17, 2004


Pursuant to the  requirements of the Securities Exchange Act of 1934, the
Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                     QCR HOLDINGS, INC.

Dated:  May 17, 2004                       By:   /s/Todd A. Gipple
                                                 Todd A. Gipple
                                                 Executive Vice President
                                                 and Chief Financial Officer