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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Q0VUYQnZXkxc8mLks7EaJI+K9NBYyXLsuLv0h8x5CfGA6fQiy4CBlyJ6PAWWHv46
 a6UdGULKgKDQDAAHQ1bQNQ==

<SEC-DOCUMENT>0000890566-01-000202.txt : 20010307
<SEC-HEADER>0000890566-01-000202.hdr.sgml : 20010307
ACCESSION NUMBER:		0000890566-01-000202
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20010301
ITEM INFORMATION:		
ITEM INFORMATION:		
FILED AS OF DATE:		20010302

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:		
		SEC FILE NUMBER:	000-09439
		FILM NUMBER:		1560526

	BUSINESS ADDRESS:	
		STREET 1:		12OO SAN BERNARDO AVE
		STREET 2:		PO BOX 1359
		CITY:			LAREDO
		STATE:			TX
		ZIP:			78040-1359
		BUSINESS PHONE:		9567227611

	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
<FILENAME>0001.txt
<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 1, 2001


                      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) (956) 722-7611



                                      NONE
                       -----------------------------------
          (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)

<PAGE>
ITEM 5.     OTHER EVENTS

      ON MARCH 1, 2001, INTERNATIONAL BANCSHARES CORPORATION ISSUED A NEWS
RELEASE ANNOUNCING THE DECLARATION ON FEBRUARY 22, 2001 OF A FIFTY-CENT PER
SHARE CASH DIVIDEND FOR ALL HOLDERS OF COMMON STOCK, $1.00 PAR VALUE, OF RECORD
ON MARCH 30, 2001 SAID CASH DIVIDEND TO BE PAYABLE ON APRIL 16, 2001. 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 1, 2001.

                                       2
<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: MARCH 1, 2001

                                        3
<PAGE>
                                  EXHIBIT INDEX

       EXHIBIT                                            PAGE
       NUMBER                    DESCRIPTION             NUMBER

        99             NEWS RELEASE OF INTERNATIONAL       5
                       BANCSHARES CORPORATION DATED
                       MARCH 1, 2001.

                                       4
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>0002.txt
<TEXT>

                                   EXHIBIT 99


FOR IMMEDIATE RELEASE         CONTACT:    DENNIS E. NIXON
                                          (956) 722-7611 (LAREDO)

                                          KATIE BRICKMAN HARVEY
                                          TAYLOR WEST ADVERTISING
                                          (210) 826-8899 (SAN ANTONIO)

                 INTERNATIONAL BANCSHARES CORPORATION ANNOUNCES
                                  CASH DIVIDEND

LAREDO, TX,...MARCH 1, 2001--INTERNATIONAL BANCSHARES CORPORATION ("IBC") TODAY
ANNOUNCED THAT ON FEBRUARY 22, 2001, THE BOARD OF DIRECTORS APPROVED THE
DECLARATION OF A .50 CENTS PER SHARE CASH DIVIDEND, FOR SHAREHOLDERS OF RECORD
AS OF THE CLOSE OF BUSINESS ON MARCH 30, 2001, PAYABLE ON APRIL 16, 2001.

"THIS CASH DIVIDEND WAS MADE POSSIBLE BECAUSE OF THE STRONG PERFORMANCE OF IBC,"
SAID DENNIS E. NIXON, CHAIRMAN AND CEO OF IBC. IT IS THE INCLINATION OF THE
BOARD TO CONTINUE TO DECLARE THESE CASH DIVIDENDS ALTHOUGH ANY DECLARATION OF
FUTURE CASH DIVIDENDS WILL DEPEND UPON IBC'S FINANCIAL POSITION, ACQUISITION
OPPORTUNITIES AND GENERAL BUSINESS CONDITIONS AT THE TIME.

ON FEBRUARY 21, 2001, THE COMPANY REPORTED 2000 EARNINGS. NET INCOME AND
EARNINGS PER SHARE FOR 2000 WERE $75.2 MILLION OR $3.51 PER SHARE-BASIC ($3.46
PER SHARE DILUTED) COMPARED TO $66.2 MILLION OR $3.03 PER SHARE BASIC ($2.98 PER
SHARE-DILUTED) IN THE CORRESPONDING 1999 PERIOD. THESE VERY POSITIVE NUMBERS
REPRESENT A 16.1% INCREASE IN EARNINGS PER SHARE OR A 13.5% INCREASE IN NET
INCOME OVER 1999. THIS PAST YEAR'S PERFORMANCE VALIDATES THE COMMITMENT IBC HAS
TO SUPERIOR EARNINGS HE SAID. TOTAL ASSETS AT DECEMBER 31, 2000 WERE $5.8
BILLION COMPARED TO $5.4 BILLION AT DECEMBER 31, 1999.

IBC (NASDAQ: IBOC) IS A $5.8 BILLION MULTI-BANK HOLDING COMPANY HEADQUARTERED IN
LAREDO, TEXAS, WITH OVER 100 FACILITIES AND 204 ATM'S SERVING 30 COMMUNITIES
INCLUDING HOUSTON, SAN ANTONIO, CORPUS CHRISTI, MCALLEN, BROWNSVILLE, PORT
LAVACA, ZAPATA AND THROUGHOUT THE RIO GRANDE VALLEY AND THE TEXAS GULF COAST.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: THE STATEMENTS CONTAINED IN THIS RELEASE WHICH ARE NOT HISTORICAL FACTS
CONTAIN FORWARD LOOKING INFORMATION WITH RESPECT TO PLANS, PROJECTIONS OR FUTURE
PERFORMANCE OF IBC AND ITS SUBSIDIARIES, THE OCCURRENCE OF WHICH INVOLVE CERTAIN
RISKS AND UNCERTAINTIES DETAILED IN IBC'S FILINGS WITH THE SECURITIES AND
EXCHANGE COMMISSION.

COPIES OF IBC'S SEC FILINGS AND ANNUAL REPORT (AS AN EXHIBIT TO THE 10-K) MAY BE
DOWNLOADED FROM THE INTERNET AT NO CHARGE FROM FREEEDGAR, A REAL-TIME ACCESS TO
SEC FILINGS SITE LOCATED AT HTTP://WWW.FREEEEDGAR.COM.

                                       5
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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