James Brownson has announced he will retire as chairman of Moline,Ill.-based QCR Holdings Inc.,according to the company's annual report, filed April 1.

He said in his chairman's message to shareholders that he willretire at the time of the bank's annual meeting in May but remain on the board fora year to assist the new chair with an orderly transition. He will completely retirein May 2017.

The message to shareholders said he has been chairman of theboard for the past nine years.