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<SEC-DOCUMENT>0000890566-96-000137.txt : 19960315
<SEC-HEADER>0000890566-96-000137.hdr.sgml : 19960315
ACCESSION NUMBER:		0000890566-96-000137
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19960307
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		19960314
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERNATIONAL BANCSHARES CORP
		CENTRAL INDEX KEY:			0000315709
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				742157138
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09439
		FILM NUMBER:		96534863

	BUSINESS ADDRESS:	
		STREET 1:		12OO SAN BERNARDO AVE
		STREET 2:		PO BOX 1359
		CITY:			LAREDO
		STATE:			TX
		ZIP:			78040-1359
		BUSINESS PHONE:		2107227611

	MAIL ADDRESS:	
		STREET 1:		P O BOX 1359
		STREET 2:		1200 SAN BERNARDO
		CITY:			LAREDO
		STATE:			TX
		ZIP:			78040
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>CURRENT REPORT ON FORM 8-K
<TEXT>

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                 --------------

                                    FORM 8-K

                                 CURRENT REPORT


                     ---------------------------------------


                       PURSUANT TO SECTION 13 OR 15 (D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): March 7, 1996

                      INTERNATIONAL BANCSHARES CORPORATION
             (Exact Name of Registrant as Specified in its Charter)


                          Commission File Number 0-9439


          TEXAS                                           74-2157138
- --------------------------------                --------------------------------
  (State or other Jurisdiction                         (I.R.S. Employer
of incorporation or organization)                     Identification No.)

1200 SAN BERNARDO, LAREDO, TEXAS                          78040-1359
- --------------------------------                --------------------------------
    (Address of principal                                 (ZIP Code)
     executive offices)


       (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) (210) 722-7611



                                      NONE
                 ----------------------------------------------
          (Former name or former address, if changed since last report)


                                       1

ITEM 5.           OTHER EVENTS
- -------           ------------


         On March 7, 1996, International Bancshares Corporation issued a news
release announcing its earnings for the year ended December 31, 1995. The news
release, attached hereto and filed herewith as Exhibit 99, is incorporated
herein by reference.



ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS
- -------           ---------------------------------


         c.       Exhibits



                  The following exhibit is filed as part of this report:



                  (99)     News release of International Bancshares
                  Corporation dated March 7, 1996.

                                        2

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                      INTERNATIONAL BANCSHARES CORPORATION
                                      (Registrant)


                                    By:     /s/ DENNIS E. NIXON
                                            DENNIS E. NIXON, President,
                                            and Chief Executive Officer

Date:  March 13, 1996

                                        3

                                  EXHIBIT INDEX




EXHIBIT                                                                    Page
NUMBER                   DESCRIPTION                                      NUMBER
- -------                  -----------                                      ------

 99               News Release of International                              5
                  Bancshares Corporation dated
                  March 7, 1996

                                        4

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<DESCRIPTION>NEWS RELEASE
<TEXT>


FOR IMMEDIATE RELEASE
- ---------------------
                                          CONTACT:    Dennis E. Nixon
                                                      210/722-7611 (Laredo)

                                                      Bill West
                                                      210/805-0320 (San Antonio)

            INTERNATIONAL BANCSHARES CORPORATION REPORTS EARNINGS FOR
                              TWELVE MONTHS OF 1995

LAREDO, TEXAS,... International Bancshares Corporation (IBC) reported net income
of $40.1 million for the period ending December 31, 1995, up 6% from $37.9
million in 1994. Earnings per share for '95 were $5.81 compared with $5.31 for a
9.42% increase over the '94 year-end results. In 1995, return on average assets
(ROA) was 1.41% and return on average equity (ROE) was 18.64%.

"1995 was another landmark year for International Bancshares," stated Dennis E.
Nixon, Chairman and Chief Executive Officer of International Bancshares
Corporation. "We are especially proud of the fact that we've earned almost $110
million during the last three years while setting a new record in total loans
outstanding of $1.2 billion at the end of 1995. The loan volume emphasizes IBC's
"WE DO MORE" attitude in serving our customers and communities."

The record-setting numbers for the company continued with a 4% increase in
deposits from $2.061 billion in 1994 to $2.143 billion in 1995. Total assets of
International Bancshares Corporation rose from $2.7 billion in 1994 to $2.9
billion in 1995 reflecting a healthy 7% increase.

Never having posted a year of losses, International Bancshares Corporation has
set regional market standards for strength and growth. Annual net income after
taxes has grown from $6.5 million in '85 to $40.1 million in '95, with IBC
consistently outperforming other large U. S. and Texas banks.

"Our strong performance is good news for IBC and our customers, "Nixon said,
"and our continued growth and success is a direct reflection of the commitment
of our employees to the communities we serve. As the second largest independent
banking group in Texas, IBC is proud to serve the citizens of Texas from its
hometown base in South Texas.

In 1995, International Bancshares acquired the Bank of Corpus Christi with three
new locations in Corpus Christi and one in Rockport, Texas, and the Stone Oak
National Bank, San Antonio, Texas with one location.

International Bancshares Corporation is a $2.9 billion multi-bank holding
company with 42 locations in 18 communities including San Antonio, Laredo,
Zapata, the entire Rio Grande Valley including McAllen and Brownsville, and the
Coastal Bend area including Corpus Christi, Rockport, Port Lavaca and Bay City.

                                       5

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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