International Bancshares Corporation (Parent Company Only) Financial Information Statements of Condition

12 Months Ended

Dec. 31, 2018

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

Statements of Condition

(Parent Company Only)

December 31, 2018 and 2017

(Dollars in Thousands)


	2018		2017
ASSETS
Cash	$	19,065	$	18,398
Other investments		105,377		92,620
Investment in subsidiaries		1,987,293		1,878,521
Other assets		—		23,120
Total assets	$	2,111,735	$	2,012,659
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities:
Junior subordinated deferrable interest debentures	$	160,416	$	160,416
Due to IBC Trading		21		21
Other liabilities		11,716		13,242
Total liabilities		172,153		173,679
Shareholders’ equity:
Common shares		96,104		96,019
Surplus		145,283		171,816
Retained earnings		2,064,134		1,891,805
Accumulated other comprehensive (loss) income		(54,634)		(28,397)
		2,250,887		2,131,243
Less cost of shares in treasury		(311,305)		(292,263)
Total shareholders’ equity		1,939,582		1,838,980
Total liabilities and shareholders’ equity	$	2,111,735	$	2,012,659