Item 2.02 - Results of Operations and Financial Condition

On April 29, 2009, International Bancshares Corporation issued a news release announcing first quarter 2009 earnings. The news release, attached hereto and filed herewith as Exhibit 99, is incorporated herein by reference.

All of the information furnished in Item 2.02 of this report and the accompanying exhibits are also intended to be included under "Item 7.01 - Regulation Fair Disclosure" and 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.

---