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UNITED STATES

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): March 16, 2020

INTERNATIONAL BANCSHARES CORPORATION

(Exact name of registrant as specified in its charter)

Texas

000-9439

74-2157138

(State or other jurisdiction

(Commission File

(IRS Employer

of incorporation)

Number)

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)

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class:

   

Trading Symbol (s):

   

Name of each exchange on which registered:

Common Stock, $1.00 par value

IBOC

NASDAQ

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4 (c ) under the Exchange Act (17 CFR 240.13e-4 (c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01           Other Events.

On March 17, 2020 International Bancshares Corporation (“IBC”) issued a news release announcing that on March 16, 2020, IBC’s Board of Directors approved the declaration of a fifty-five cents per share cash dividend for shareholders of record of IBC’s common stock, $1.00 par value, as of the close of business on April 1, 2020, payable on April 17, 2020.  

The news release announcing the cash dividend attached hereto and filed herewith as Exhibit 99, is incorporated herein by reference.

All of the information furnished in Item 8.01 of this report and the accompanying exhibits is also intended to be included under “Item 7.01 — Regulation Fair Disclosure,” shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, is not subject to the liabilities of that section, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

99          News Release of International Bancshares Corporation dated March 17, 2020, entitled, “International Bancshares Corporation Announces Cash Dividend”

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EXHIBIT INDEX

Exhibit Number

    

Description

    

 

 

 

 

99

 

News Release of International Bancshares Corporation dated March 17, 2020, entitled, “International Bancshares Corporation Announces Cash Dividend.”

 

104

The cover page from International Bancshares Corporation Current Report on Form 8-K, formatted in Inline XBRL 

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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

 

 

CEO

 

 

March 17, 2020

 

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