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Note 24 - Sale of Credit Card Loan Receivables and Credit Card Issuing Business for QCBT | 12 Months Ended
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Dec. 31, 2014
Sale Of Credit Card Loan Receivables And Issuing Business [Abstract] |
Sale Of Credit Card Loan Receivables And Issuing Business [Text Block] | Note 24. Sale of Credit Card Loan Receivables and Credit Card Issuing Operations for QCBT On January 31, 2013, QCBT entered into an agreement to sell its credit card loan receivables totaling $10,179,318. This transaction closed on February 15, 2013 and resulted in a pre-tax gain of $495,405. As part of the agreement, QCBT also agreed to sell its credit card issuing operations to the purchaser. The gain recognized on this transaction was $355,268. QCBT incurred pre-tax expenses related to these transactions of $257,476, resulting in a net pre-tax gain on the transactions of $593,197.

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