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 11, 2005
(Date of earliest event reported)                                   May 11, 2005

                               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)

                                 Not Applicable
          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):

     Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

     Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR

     Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

     Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))


Item 9.01  Financial Statements and Exhibits

           (a) Exhibits.

               99.1 Shareholder  letter  dated May 2005 to be  presented  in the
                    quarterly shareholder publication, "Investor Update".

Item 2.02.  Results of Operations and Financial Condition

            On May 11, 2005,  QCR Holdings,  Inc.  issued a  shareholder  letter
            discussing  the  Company's  financial  results for the first quarter
            ended March 31, 2005. The letter is attached hereto as Exhibit 99.1.



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 11  2005                             By: /s/ Todd A. Gipple
                                                     Todd A. Gipple
                                                     Executive Vice President
                                                     and Chief Financial Officer