QCR Holdings to sell three Waterloo-area branches to BankIowa
QCR Holdings' bank subsidiary, Cedar Rapids Bank & Trust, agreed to sell its Community Bank & Trust division, three branches in the Waterloo-Cedar Falls area, to BankIowa. The company said the transaction is not expected to result in a material gain or loss, and closing is expected in the first quarter of 2027, subject to regulatory approvals.
Key points
- Three branch locations: two in Waterloo, Iowa, and one in Cedar Falls, Iowa
- Deposits of approximately $140 million and loans of approximately $29 million, as of September 30, 2026
- Wealth management relationships with about $153 million in assets under management are also expected to transfer
- Expected closing in the first quarter of 2027; the company does not expect a material gain or loss
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.