-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NK07a1lHvNGt8AuExwD1Izja6tAHWarRk39HWamBzAZK+QB4LWQiCS9fos4PH6uJ
 a4Rbyg/++u7Oaoz6IYti3w==

<SEC-DOCUMENT>0000912057-01-508446.txt : 20010416
<SEC-HEADER>0000912057-01-508446.hdr.sgml : 20010416
ACCESSION NUMBER:		0000912057-01-508446
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20010412
ITEM INFORMATION:		
ITEM INFORMATION:		
FILED AS OF DATE:		20010412

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:		1601709

	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>a2045412z8-k.txt
<DESCRIPTION>8-K
<TEXT>

<PAGE>

                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 12, 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 APRIL 12, 2001, INTERNATIONAL BANCSHARES CORPORATION ISSUED
A NEWS RELEASE ANNOUNCING THE DECLARATION OF A 25% STOCK DIVIDEND PER SHARE FOR
ALL HOLDERS OF COMMON STOCK, $1.00 PAR VALUE, OF RECORD ON MAY 17, 2001, SAID
STOCK DIVIDEND TO BE PAYABLE ON JUNE 15, 2001. THE NEWS RELEASE, ATTACHED
HERETO AND FILED HEREWITH AS EXHIBIT99, 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 12, 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: APRIL 12, 2001



                                        3
<PAGE>


                                 EXHIBIT INDEX



EXHIBIT
NUMBER                  DESCRIPTION                     PAGE NUMBER
- -------                 -----------                     -----------

99              NEWS RELEASE OF INTERNATIONAL                5
                BANCSHARES CORPORATION DATED
                APRIL 12, 2001.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a2045412zex-99.txt
<DESCRIPTION>EX 99
<TEXT>

<PAGE>

                                   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
                                STOCK DIVIDEND

LAREDO, TX,1/4.......April 12, 2001......International Bancshares Corporation
("IBC")  announces that on April 5, 2001, the Board of Directors approved a
25% stock split-up effected through a stock dividend to all holders of record
of common stock, $1.00 par value, on May 17, 2000, to be issued on June 15,
2001.  "The Board of Directors believe that stock dividends will provide an
additional incentive for shareholders to hold IBC stock",  said Dennis E.
Nixon, Chairman of the Board and Chief Executive Officer.

On March 20, 2001, IBC announced a cash dividend on its outstanding shares of
common stock of  .50 cents per share for shareholders of record as of March 30,
2001, payable on April 16, 2001.

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, representing a 16.1%
increase in earnings per share or a 13.5% increase in net income over 1999.
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 cities 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.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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