QCR Holdings (QCRH) in Moline, Ill., has repaid about a fourth of its money it received from the Treasury Department's Small Business Lending Fund Program as part of its effort to increase its tangible common equity.

The $2 billion-asset company said Friday that it has redeemed $10.2 million of the $40.1 million in preferred stock it had issued to the Treasury in September. It had used the funds to exit the Troubled Asset Relief Program.

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