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International Bancshares Corporation (Parent Company Only) Financial Information Statements of Income (Tables)
12 Months Ended
Dec. 31, 2014
International Bancshares Corporation (Parent Company Only) Financial Information Statements of Income  
Schedule of condensed statements of income of Parent Company

(Dollars in Thousands)

                                                                                                                                                                                    

 

 

2014

 

2013

 

2012

 

Income:

 

 

 

 

 

 

 

 

 

 

Dividends from subsidiaries

 

$

71,389

 

$

30,000

 

$

229,250

 

Interest income on notes receivable

 

 

15

 

 

18

 

 

27

 

Interest income on other investments

 

 

6,862

 

 

12,301

 

 

6,759

 

Other interest income

 

 

 

 

 

 

18

 

Other

 

 

1,923

 

 

26

 

 

686

 

​  

​  

​  

​  

​  

​  

Total income

 

 

80,189

 

 

42,345

 

 

236,740

 

Expenses:

 

 


 

 

 


 

 

 


 

 

Interest expense (Debentures)

 

 

4,264

 

 

4,665

 

 

6,595

 

Other

 

 

1,099

 

 

1,889

 

 

3,867

 

​  

​  

​  

​  

​  

​  

Total expenses

 

 

5,363

 

 

6,554

 

 

10,462

 

​  

​  

​  

​  

​  

​  

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

 

 

74,826

 

 

35,791

 

 

226,278

 

Income tax expense (benefit)

 

 

1,370

 

 

2,529

 

 

(738

)

​  

​  

​  

​  

​  

​  

Income before equity in undistributed net income of subsidiaries

 

 

73,456

 

 

33,262

 

 

227,016

 

Equity in undistributed (distributed) net income of subsidiaries

 

 

79,695

 

 

93,089

 

 

(119,181


)

​  

​  

​  

​  

​  

​  

Net income

 

 

153,151

 

 

126,351

 

 

107,835

 

​  

​  

​  

​  

​  

​  

Preferred stock dividends and discount accretion

 

 

 

 

 

 

14,362

 

​  

​  

​  

​  

​  

​  

Net income available to common shareholders

 

$

153,151

 

$

126,351

 

$

93,473

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​