International Bancshares Corporation operates as a financial holding company. The company provides commercial and retail banking services through main banking and branch facilities located in communities in South, Central and Southeast Texas and the state of Oklahoma. The company’s wholly-owned bank subsidiaries include International Bank of Commerce, Laredo (IBC); Commerce Bank; International Bank of Commerce; and International Bank of Commerce. Its wholly-owned non-bank subsidiaries include IBC Subsidiary Corporation; IBC Life Insurance Company; IBC Trading Company; Premier Tierra Holdings, Inc.; and IBC Capital Corporation. The company’s direct non-banking subsidiary, IBC Life Insurance Company, reinsures a small percentage of credit life and accident and health risks related to loans made by bank subsidiaries. The company owns a 50 percent interest in Gulfstar Group I, Ltd. and related entities, which is involved in investment banking activities. The company also owns a controlling interest in four merchant banking entities. The company, through its bank subsidiaries, IBC, Commerce Bank, IBC-Zapata, and IBC-Brownsville, is engaged in the business of banking, including the acceptance of checking and savings deposits and the making of commercial, real estate, personal, home improvement, automobile and other installment and term loans. The international banking business of the company includes providing letters of credit, making commercial and industrial loans, and providing a nominal amount of currency exchange. Each bank subsidiary also offers other related services, such as credit cards, travelers' checks, safety deposit, collection, notary public, escrow, drive-up and walk-up facilities and other customary banking services. Additionally, each bank subsidiary makes available certain securities products through third party providers. The bank subsidiaries also make banking services available during traditional and nontraditional banking hours through their network of automated teller machines, and through their 211 facilities situated in retail locations, shopping malls and other convenient locations. Additionally, IBC introduced IBC Bank Online, an Internet banking product, to provide customers online access to banking information and services 24 hours a day. Intellectual Property The company owns U.S. service mark registrations for INTERNATIONAL BANK OF COMMERCE, INTERNATIONAL BANK OF COMMERCE CENTRE, OVERDRAFT COURTESY, IBC, IBC CONNECTION, IBC ELITE, IBC ELITE ADVANTAGE, IBC BANK, BIZ RITE CHECKING, GOT YOU COVERED, FREE BEE, IT'S A BRIGHTER CHRISTMAS, MINITROPOLIS, WE DO MORE RX, WE'VE GOT IT, a design mark depicting a bee character, a design mark depicting the United States and Mexico, and a design mark depicting IBC with the United States and Mexico. In addition, the company owns Texas service mark registrations for RITE CHECKING, THE CLUB, WALL STREET INTERNATIONAL, INTERNATIONAL BANK OF COMMERCE, WE DO MORE, a composite mark depicting CHECK'N SAVE with a design, a composite mark depicting WALL STREET INTERNATIONAL, with a design and a design mark depicting the United States and Mexico. The company also owns Oklahoma service mark registrations for CHECK 'N SAVE, RITE CHECKING, THE CLUB, and WE DO MORE. Investments Securities As of December 31, 2013, the company’s investment portfolio included residential mortgage-backed securities; obligations of states and political subdivisions; equity securities; and other securities. Deposits As of December 31, 2013, the company’s deposits included demand—non-interest bearing; savings and interest bearing demand; and time certificates of deposit. Supervision and Regulation The company is a registered bank holding company within the meaning of the Bank Holding Company Act of 1956, as amended, and is subject to supervision by the Board of Governors of the Federal Reserve System and to a certain extent the Texas Department of Banking. All of the company's bank subsidiaries are members of the Federal Deposit Insurance Corporation. The company is traded on the NASDAQ Stock Market. It must comply with the listing standards of the NASDAQ Stock Market. The company, International Bank of Commerce and the other bank subsidiaries of the company are affiliates within the meaning of Section 23A of the Federal Reserve Act. History International Bancshares Corporation was founded in 1966.
international bancshares crp
(IBOC:Consolidated Issue Listed on NASDAQ Global Select )
1200 San Bernardo Avenue
Laredo, TX 78042
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