-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 P+Co3DVUgp2/ek3xwoSPb0Aondr123UN1mKpnmYSDSxzNrCZyyL+ovSVpD6Gz3Za
 amtkaEsZFwEISMnPVcITDA==

<SEC-DOCUMENT>0000890566-97-000755.txt : 19970409
<SEC-HEADER>0000890566-97-000755.hdr.sgml : 19970409
ACCESSION NUMBER:		0000890566-97-000755
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19970403
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		19970407
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:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09439
		FILM NUMBER:		97575858

	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
<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): April 3, 1997


                      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 executive offices)                      (ZIP Code)

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

                                      NONE
          (Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS

        On April 3, 1997, International Bancshares Corporation issued a news
release announcing the declaration of a fifty-cent per share cash dividend and a
25% stock split-up effected through a stock dividend payable on its outstanding
shares of common stock. 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
               April 3, 1997.
<PAGE>
                                   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:  April 7, 1997
<PAGE>
                                  EXHIBIT INDEX


       EXHIBIT NUMBER                DESCRIPTION 
                             News Release of International
                             Bancshares Corporation dated April
           99                3, 1997                                    
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<TEXT>

                                                                      EXHIBIT 99


FOR IMMEDIATE RELEASE                    Contact: Dennis E. Nixon
                                                  (210) 722-7611 (Laredo)
                                                  Bill West
                                                  (210) 805-0320 (San Antonio)

                 INTERNATIONAL BANCSHARES CORPORATION ANNOUNCES
                        CASH DIVIDEND AND STOCK DIVIDEND

LAREDO, TX, -- April 3, 1997 -- International Bancshares Corporation
("IBC") today announced a cash dividend on its outstanding shares of common
stock of $.50 per share for shareholders of record as of April 1, 1997, payable
on April 15, 1997. IBC also announced a twenty-five percent (25%) stock split-up
effected through a stock dividend on its outstanding shares of common stock for
shareholders of record as of May 15, 1997, payable on June 9, 1997. Fractional
shares created by the stock dividend will be paid in cash.

IBC is a $3.4 billion multi-bank holding company headquartered in Laredo, Texas,
with 63 branch offices and 121 ATMs located in 23 communities in south and
southeast Texas.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
