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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000912057-02-037127.txt : 20020927
<SEC-HEADER>0000912057-02-037127.hdr.sgml : 20020927
<ACCEPTANCE-DATETIME>20020927170641
ACCESSION NUMBER:		0000912057-02-037127
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20020927
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020927

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:		02775211

	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>a2090272z8-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): SEPTEMBER 27, 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 September  27, 2002, International Bancshares Corporation issued a
news release announcing the election of Imelda Navarro, Senior Executive Vice
President at International Bank of Commerce (IBC) - Laredo, to the board of
directors of IBC-Laredo and to the board of directors of IBC's parent
company, International Bancshares Corporation (NASDAQ: IBOC).  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
         September 27, 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:  /Dennis E. Nixon/
                                            -----------------------------------
                                            DENNIS E. NIXON, President,
                                            and Chief Executive Officer

Date: September 27, 2002





















                                       3
<Page>

                                  EXHIBIT INDEX

<Table>
<Caption>
Exhibit                                                                   Page
Number                             Description                           Number
- ------                             -----------                           ------
<S>                <C>                                                   <C>

99                 News Release of International                            5
                   Bancshares Corporation dated
                   September 27, 2002.
</Table>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>a2090272zex-99.txt
<DESCRIPTION>EXHIBIT 99
<TEXT>
<Page>

                                   EXHIBIT 99

FOR IMMEDIATE RELEASE

Contact:   Rosanne Palacios                      Judy Wawroski
           Vice President of Marketing           Vice President
           International Bancshares              International Bancshares
             Corporation                           Corporation
           (956) 726-6636 (Laredo)               (956) 722-7611 (Laredo)


                   IMELDA NAVARRO CLIMBS IBC CORPORATE LADDER

(September 27, 2002) LAREDO, TX - Imelda Navarro, Senior Executive Vice
President at International Bank of Commerce (IBC) - Laredo, has been elected
to the board of directors of IBC-Laredo and to the board of directors of
IBC's parent company, International Bancshares Corporation (NASDAQ: IBOC).
Navarro has reached a high level of corporate success after beginning her
career with the bank at an entry-level clerical position.  She currently
serves as Chief Financial Officer and Chief Operating Officer for IBC-Laredo.
She also manages accounting operations for International Bancshares
Corporation.

"Imelda has been an integral part of our company's success and has developed
great insight into our operating philosophy and growth strategies," said
Dennis E. Nixon, Chairman of the Board and CEO of International Bancshares
Corporation.  "Imelda is well deserving of this responsibility and her
election to the board shows recognition by our board members of her excellent
management abilities and outstanding contributions to IBC."

Navarro has been an IBC employee for more than 25 years.  She began working
at IBC as a file clerk at the age of 16, while she was participating in a
vocational program offered by Nixon High School in Laredo. After graduating
from high school, Navarro continued working for IBC on a part-time basis
while she attended Laredo State University where she became a cum laude
graduate with a B.B.A. in Accounting.  Throughout her career, Navarro has
increased her knowledge of retail and commercial banking, fueling her rise
through the corporate ranks.

Navarro has consistently devoted a great deal of her time to charitable
projects and civic organizations. Over the years, she has been a board member
of the Laredo Chamber of Commerce, the Domestic Violence Coalition, the
Executive Club, and La Casa de Misericordia.  She also has served on the
Laredo Commission for Women, the advisory board of Mercy Regional Medical
Center, and as chairperson for the Laredo Center for the Arts.  In addition,
she has been president of Laredo Business, the Professional Women's
Association, Financial Women International and the Borderfest celebration.

IBC-Laredo is a member of International Bancshares Corporation (NASDAQ:
IBOC), a $6.7 billion multi-bank financial holding company headquartered in
Laredo, Texas with more than 100 facilities and more than 190 ATMs serving
more than 35 communities, including Houston, San Antonio, Corpus Christi,
McAllen, Brownsville, Port Lavaca, Zapata, Eagle Pass and several others in
the central, southern and Gulf Coast regions of Texas.

                                      ###

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