-----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,
 KO176sTvPKSan83VTTKVX9BfxXQTMmr6wnVY/9By/i/rmS6R85VsN6Lgq3OCoSKq
 z2OeNOAPDQ5oDAR9bVZR4Q==

<SEC-DOCUMENT>0000912057-02-014812.txt : 20020416
<SEC-HEADER>0000912057-02-014812.hdr.sgml : 20020416
ACCESSION NUMBER:		0000912057-02-014812
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20020412
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020412

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:		02609068

	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>a2076615z8-k.txt
<DESCRIPTION>8K
<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, 2002



                    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, 2002, 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 20, 2002  said
stock dividend to be payable on June 14, 2002. 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 12, 2002














                                       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, 2002


















                                       3

<Page>

                                 EXHIBIT INDEX


<Table>
<Caption>

EXHIBIT                                                         PAGE
NUMBER                           DESCRIPTION                   NUMBER
- -------                          -----------                   ------
<S>                    <C>                                     <C>
99                     News Release of International              5
                       Bancshares Corporation dated
                       April 12, 2002

</Table>






















                                       4



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>a2076615zex-99.txt
<DESCRIPTION>EXHIBIT 99
<TEXT>
<PAGE>
                                                                      Exhibit 99

                                   [IBC LOGO]
                    INTERNATIONAL BANCSHARES CORPORATION


FOR IMMEDIATE RELEASE

CONTACT:  DENNIS E. NIXON                           ELIZABETH MARSHALL OR
          CHAIRMAN & CEO                            BRIAN DWYER
          INTERNATIONAL BANCSHARES CORPORATION      KGBTEXAS, INC.
          (956) 722-7611 (LAREDO)                   (210) 826-8899 (SAN ANTONIO)


                 INTERNATIONAL BANCSHARES CORPORATION ANNOUNCES
                                 STOCK DIVIDEND

(APRIL 12, 2002) LAREDO, TX - International Bancshares Corporation (IBC) today
announced that on April 4, 2002, 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 20, 2002 subject to approval by the shareholders
of the Increase in Authorized Shares Proposal discussed in the Proxy Statement,
to be payable on June 14, 2002. "The Board of Directors believes that these
dividends will add value to shares and will provide an additional incentive for
shareholders to hold the stock of IBC," said Dennis E. Nixon, Chairman of the
Board and Chief Executive Officer.

On February 28, 2002, IBC announced a cash dividend on its outstanding shares of
common stock of 40 cents per share for shareholders of record as of March 29,
2002, payable on April 15, 2002.

On February 25, 2002, IBC reported 2001 earnings. Net income and earnings per
share for 2001 were $83.3 million or $3.15 per share-basic ($3.09 per share
diluted) compared to $75.1 million or $2.81 per share basic ($2.77 per
share-diluted) in the corresponding 2000 period. These very positive numbers
represent an 11.6% increase in diluted earnings per share and a 10.8% increase
in net income over 2000. "This new milestone in earnings sets IBC apart from its
competitors and demonstrates management's commitment to superior earnings," said
Nixon. Total assets at December 31, 2001, were $6.4 billion compared to $5.8
billion at December 31, 2000.

International Bancshares Corporation (NASDAQ: IBOC) is a multi-bank, financial
holding company headquartered in Laredo, Texas. It has $6.4 billion in assets
and a network of facilities and ATMs serving communities that include Houston,
San Antonio, Corpus Christi, McAllen, Brownsville, Port Lavaca, Zapata, Eagle
Pass and several others throughout the central, southern and Gulf Coast regions
of Texas.

"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 SEC filings site located at HTTP://WWW.SEC.GOV/EDGAR.SHTML.



                                       ###


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