Item 1.01. Entry into a Material Definitive Agreement.

On August 27, 2012, Quad City Bank and Trust Company ("QCBT"), a wholly-owned bank subsidiary of QCR Holdings, Inc. (the "Company"), entered into an amendment (the "Amendment") to that certain Second Amended and Restated Operating Agreement of M2 Lease Funds LLC, dated as of August 26, 2005, by and between QCBT and John Engelbrecht, the President and Chief Executive Officer of M2 Lease Funds LLC. The Amendment provides for the liquidation of Mr. Engelbrecht's 20% membership interest in M2 Lease Funds LLC. Pursuant to the Amendment, Mr. Engelbrecht will retain ownership of his membership units until the final liquidation payment is made, which payment will occur no later than September 2015.

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