-----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,
 EYVr0fC3QXCQi+BTunkpmUTCZSg6lcZ3cWVoC+gy19hR0DvajCiqtNfZrl072fFE
 MuI7hmzRq9icB8QLDdTakw==

<SEC-DOCUMENT>0001104659-02-000007.txt : 20020413
<SEC-HEADER>0001104659-02-000007.hdr.sgml : 20020413
ACCESSION NUMBER:		0001104659-02-000007
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20020104
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020104

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:		2502401

	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>j2607_8k.htm
<DESCRIPTION>8-K
<TEXT>
<html>



<head>



<title>Prepared by MERRILL CORPORATION</title>



</head>



<body style="text-justify-trim:punctuation;">



<div>



<div style="border:none;border-top:double windowtext 9.0pt;padding:0in 0in 0in 0in;">



<p align="center" style="border:none;font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;padding:0in;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



</div>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New \(WE\)';font-size:12.0pt;font-weight:bold;margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;text-autospace:none;"><font><b><font size="5" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:18.0pt;">SECURITIES AND EXCHANGE COMMISSION</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Washington, D.C.&#160; 20549</font></font></b></font></p>





<div align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">



<hr size="1" width="25%" noshade color="black" align="center">



</font></font></div>





<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="5" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:18.0pt;font-weight:bold;">FORM 8&#150;K</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="3" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;">CURRENT

REPORT</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>





<div align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">



<hr size="1" width="25%" noshade color="black" align="center">



</font></font></div>





<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="3" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;">Pursuant

to Section 13 or 15 (d) of</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="3" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;">The

Securities Exchange Act of 1934</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Date of Report (Date of earliest event

reported):&#160; January 4, 2002</font></font></b></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="5" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:18.0pt;font-weight:bold;">INTERNATIONAL BANCSHARES CORPORATION</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(Exact Name

of Registrant as Specified in its Charter)</font></font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Commission File Number 0&#150;9439</font></font></b></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<div align="center">



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Texas</font></font></b></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">&nbsp;</font></font></b></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">74&#150;2157138</font></font></b></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(State or other Jurisdiction</font></font></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(I.R.S. Employer</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">of incorporation or organization)</font></font></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">Identification No.)</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">1200 San Bernardo,

  Laredo, Texas</font></font></b></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">&nbsp;</font></font></b></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">78040&#150;1359</font></font></b></font></p>

  </td>

 </tr>

 <tr>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(Address of principal executive offices)</font></font></font></p>

  </td>

  <td width="1%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:1.8%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="49%" valign="top" style="padding:0in .7pt .7pt .7pt;width:49.1%;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(ZIP Code)</font></font></font></p>

  </td>

 </tr>

</table>



</div>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(Registrant's telephone number, including

area code) <b><font style="font-weight:bold;">&#160;(956) 722-7611</font></b></font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">None</font></font></b></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(Former name

or former address, if changed since last report)</font></font></font></p>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>



<div style="border:none;border-bottom:double windowtext 9.0pt;padding:0in 0in 0in 0in;">



<p align="center" style="border:none;font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;padding:0in;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



</div>



<font><b><u><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;"><br clear="all" style="page-break-before:always;">

</font></font></u></b></font>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><b><u><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Item 5</font></font></u></b><b><font face="Times New Roman"><font style="font-family:'Times New Roman';font-weight:bold;">.</font></font></b><b><font size="1" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></b><b><u><font face="Times New Roman"><font style="font-family:'Times New Roman';font-weight:bold;">Other Events</font></font></u></b></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Arial"><font style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></font></b></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">On January 3, 2002, International

Bancshares Corporation issued a news release announcing that IBC had completed

the acquisition of National Bancshares Corporation of Texas.&#160; The news release, attached hereto and filed

herewith as Exhibit 99, is incorporated herein by reference.</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><b><u><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Item 7</font></font></u></b><b><font face="Times New Roman"><font style="font-family:'Times New Roman';font-weight:bold;">.</font></font></b><b><font size="1" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:3.0pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></b><b><u><font face="Times New Roman"><font style="font-family:'Times New Roman';font-weight:bold;">Financial Statements and Exhibits</font></font></u></b></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">c.</font></font><font size="1" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font><font face="Times New Roman"><font style="font-family:'Times New Roman';">Exhibits</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:1.0in;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">The following exhibit is filed as

part of this report:</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(99)</font></font></font><font><font size="1" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></font><font face="Times New Roman"><font style="font-family:'Times New Roman';">News release

of International Bancshares Corporation dated January 3, 2002.</font></font></p>



<font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;"><br clear="all" style="page-break-before:always;">

</font></font></b></font>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">SIGNATURES</font></font></b></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">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.</font></font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<table border="0" cellspacing="0" cellpadding="0" width="89%" style="border-collapse:collapse;width:89.72%;">

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt .7pt .7pt;width:53.56%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">INTERNATIONAL

  BANCSHARES CORPORATION</font></font></b></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="53%" colspan="2" valign="top" style="padding:0in .7pt .7pt .7pt;width:53.56%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt 20.0pt;text-autospace:none;text-indent:-10.0pt;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">(Registrant)</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="47%" valign="top" style="padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="47%" valign="top" style="padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">By:</font></font></font></p>

  </td>

  <td width="47%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt 20.0pt;text-autospace:none;text-indent:-10.0pt;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">/s/ DENNIS E. NIXON</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="47%" valign="top" style="border:none;padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt 20.0pt;text-autospace:none;text-indent:-10.0pt;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">DENNIS E. NIXON, President</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="47%" valign="top" style="padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt 20.0pt;text-autospace:none;text-indent:-10.0pt;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">and Chief Executive Officer</font></font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="47%" valign="top" style="padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

 </tr>

 <tr>

  <td width="46%" valign="top" style="padding:0in .7pt .7pt .7pt;width:46.44%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">Date:&#160; January 4, 2002</font></font></font></p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.2%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

  <td width="47%" valign="top" style="padding:0in .7pt .7pt .7pt;width:47.36%;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>

  </td>

 </tr>

</table>



<font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;"><br clear="all" style="page-break-before:always;">

</font></font></b></font>



<p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">EXHIBIT

INDEX</font></font></b></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">&nbsp;</font></font></b></font></p>



<table border="0" cellspacing="0" cellpadding="0" width="58%" style="border-collapse:collapse;width:58.74%;">

 <tr>

  <td width="65" valign="bottom" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:49.05pt;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Exhibit<br>

  Number</font></font></b></font></p>

  </td>

  <td width="65" valign="bottom" style="padding:0in 0in 0in 0in;width:49.1pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="50" valign="bottom" style="padding:0in 0in 0in 0in;width:37.25pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="100" valign="bottom" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:75.0pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">Description</font></font></b></font></p>

  </td>

  <td width="143" valign="bottom" style="padding:0in 0in 0in 0in;width:107.25pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="65" valign="bottom" style="padding:0in 0in 0in 0in;width:49.05pt;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="65" valign="bottom" style="padding:0in 0in 0in 0in;width:49.1pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="50" valign="bottom" style="padding:0in 0in 0in 0in;width:37.25pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="100" valign="bottom" style="padding:0in 0in 0in 0in;width:75.0pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="143" valign="bottom" style="padding:0in 0in 0in 0in;width:107.25pt;">

  <p align="center" style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="131" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:98.15pt;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-align:justify;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">99</font></font></b></font></p>

  </td>

  <td width="293" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:219.5pt;">

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">News Release of

  International Bancshares Corporation dated</font></font></b></font></p>

  <p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font><b><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;font-weight:bold;">January 3, 2002</font></font></b></font></p>

  </td>

 </tr>

</table>



<p style="font-family:Arial;font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Arial"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



</div>



</body>



</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>j2607_ex99.htm
<DESCRIPTION>EX-99
<TEXT>
<html>



<head>



<title>Prepared by MERRILL CORPORATION</title>



</head>



<body>



<div>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p align="center" style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">INTERNATIONAL BANCSHARES CORPORATION

COMPLETES ACQUISITION OF <br>

NATIONAL BANCSHARES CORPORATION OF TEXAS</font></font></b></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; LAREDO, TEXAS, January 3, 2002 - On December

31, 2001, International Bancshares Corporation (NASDAQ: IBOC) completed its

acquisition of National Bancshares Corporation of Texas.&#160; The acquisition was consummated by the

merger of International Bancshares&#146; subsidiary NBC Acquisitions Corp. with and

into National Bancshares.&#160; This merger

was the second step of a previously announced all-cash transaction that was

structured as a tender offer followed by a cash merger to acquire all remaining

shares of National Bancshares common Stock at the same $24.75 per share price

paid in the tender offer.&#160; Additionally,

on December 31, 2001, National Bancshares&#146; one commercial bank, NBC Bank, N.A.,

was merged with and into International Bancshares&#146; lead bank, International

Bank of Commerce, Laredo, and the three former NBC branches located in Laredo,

Texas were transferred to another International Bancshares&#146; subsidiary,

Commerce Bank, in Laredo, Texas.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Mr. Nixon, Chairman and CEO of

International Bancshares, commented that the acquisition of NBC Bank, which was

headquartered in Eagle Pass, will create a larger presence in Eagle Pass and

along the Texas&#150;Mexico border for International Bancshares.&#160; In addition to the Laredo and Eagle Pass

locations, International Bank of Commerce is now operating the seven other

branches of NBC Bank located in Giddings, Luling, Marble Falls, Rockdale, San

Antonio, San Marcos and Taylor, Texas.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">The former NBC Bank customers

will now be able to take advantage of the 126 IBC banking locations in 40 Texas

communities in the central, south and Gulf Coast regions of Texas, as well as

the broad scope of IBC banking products and services and the IBC &#147;We Do More&#148;

commitment to its customers.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">International Bancshares

Corporation is a $6.3 billion multi-bank holding company headquartered in

Laredo, Texas, with facilities in Houston, San Antonio, McAllen, Brownsville,

Corpus Christi, Eagle Pass, Zapata, Port Lavaca, Victoria and many other

communities in the central, south and Gulf Coast regions of Texas.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&#147;Safe Harbor&#148; statement under

the Private Securities Litigation Reform Act of 1995:&#160; 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&#146;s filings with the Securities

and Exchange Commission.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p align="left" style="font-family:'Courier New';font-size:11.0pt;margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">For

more information, contact:</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Dennis E. Nixon</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Chairman and CEO</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">International Bancshares Corporation</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">(956) 722-7611</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Elizabeth Marshall or</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Brian Dwyer</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">KGB Texas, Inc.</font></font></p>



<p style="font-family:'Times New Roman';font-size:10.0pt;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">(210) 826-8899</font></font></p>



</div>



</body>



</html>


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
