XML 24 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
International Bancshares Corporation (Parent Company Only) Financial Information Statements of Income
12 Months Ended
Dec. 31, 2013
International Bancshares Corporation (Parent Company Only) Financial Information Statements of Income  
International Bancshares Corporation (Parent Company Only) Financial Information Statements of Income

(23) International Bancshares Corporation (Parent Company Only) Financial Information

Statements of Income

(Parent Company Only)

Years ended December 31, 2013, 2012 and 2011

(Dollars in Thousands)

 
  2013   2012   2011  

Income:

                   

Dividends from subsidiaries

  $ 30,000   $ 229,250   $ 54,800  

Interest income on notes receivable

    18     27     19  

Interest income on other investments

    12,301     6,759     7,517  

Other interest income

        18     69  

Other

    26     686     41  
               

Total income

    42,345     236,740     62,446  

Expenses:

   
 
   
 
   
 
 

Interest expense (Debentures)

    4,665     6,595     11,073  

Other

    1,889     3,867     6,543  
               

Total expenses

    6,554     10,462     17,616  
               

Income before federal income taxes and equity in undistributed net income of subsidiaries

    35,791     226,278     44,830  

Income tax expense (benefit)

    2,529     (738 )   (3,513 )
               

Income before equity in undistributed net income of subsidiaries

    33,262     227,016     48,343  

Equity in undistributed (distributed) net income of subsidiaries

   
93,089
   
(119,181

)
 
78,806
 
               

Net income

    126,351     107,835     127,149  
               

Preferred stock dividends and discount accretion

        14,362     13,280  
               

Net income available to common shareholders

  $ 126,351   $ 93,473   $ 113,869