QCR Holdings, Inc. Welcomes New Directors
QCR Holdings, Inc. (NASDAQ: QCRH) is making notable improvements to its governance by appointing James R. Batten and Amy L. Reasner to its Board of Directors. This addition raises the total number of Board members from 11 to 13, highlighting the company's dedication to strong leadership and oversight.
Expertise of the New Directors
The two new directors bring a wealth of experience and expertise that enhances the existing Board. Larry Helling, the Chief Executive Officer, shared his excitement about their appointments, stating, "Both Jim and Amy bring a strong background and expertise that complements the composition and experience of our board. They also have deep commitments and close ties to the markets that we serve."
James R. Batten's Contributions
Mr. Batten currently holds the position of Chair of the Board of Directors at Guaranty Bank and has previously served as Chair for Guaranty Federated Bancshares, Inc. His extensive background includes being the President of H2D2, LLC, and the Chief Financial Officer for well-known companies such as International Dehydrated Foods and O’Reilly Automotive, Inc. Mr. Batten is actively engaged in his community, holding roles with AG Financial Solutions and Foundation Capital Resources, and has also been involved with the Springfield Area Chamber of Commerce and Big Brothers Big Sisters of the Ozarks.
Amy L. Reasner's Background
Ms. Reasner is a current board member at Cedar Rapids Bank and Trust Company and serves as the President of Lynch Dallas, P.C., a leading law firm. Her expertise includes labor and employment law, insurance defense, and internal investigations, showcasing her ability to navigate complex legal scenarios. Previously, Ms. Reasner has chaired the Iowa Department of Transportation and served as a Board Member for the Iowa Finance Authority. She is also the Vice President of Willis Dady Homeless Services, reflecting her commitment to community involvement.
Cash Dividend Declaration
Alongside the Board appointments, QCR Holdings has announced a cash dividend of $0.06 per share. This dividend will be payable on a specified date to shareholders recorded on a designated record date. Such financial actions demonstrate the company's ongoing strategy to provide value to its shareholders and reinforce the strength of its financial standing.
About QCR Holdings, Inc.
QCR Holdings, Inc. functions as a multi-bank holding company, serving various communities through its wholly owned subsidiary banks. The company offers a wide range of banking services, including commercial and consumer banking, as well as wealth management through its established institutions. Recent acquisitions have expanded its reach, and currently, the company manages assets totaling $8.9 billion, supported by a robust network of 36 locations across multiple states. This strategic positioning enables them to provide personalized banking solutions while maintaining a strong focus on community engagement.
Contact:
Todd A. Gipple
President
Chief Financial Officer
(309) 743-7745
tgipple@qcrh.com
Frequently Asked Questions
What recent changes were made to QCR Holdings' Board of Directors?
QCR Holdings appointed James R. Batten and Amy L. Reasner to its Board, expanding the membership from 11 to 13.
What is the amount of the cash dividend declared by QCR Holdings?
The Company declared a cash dividend of $0.06 per share payable to its shareholders.
Who is James R. Batten?
Mr. Batten is an experienced business leader and the current Chair of the Board of Directors of Guaranty Bank.
What roles does Amy L. Reasner occupy?
Ms. Reasner is the President of Lynch Dallas, P.C. and serves on the Board of Cedar Rapids Bank and Trust Company.
How does QCR Holdings serve its communities?
QCR Holdings provides full-service banking and wealth management solutions through its network of subsidiary banks across several states.
