Item 8.01 Other Events

On November 28, 2012, International Bancshares Corporation ("IBC") issued a news release announcing the completion of its repurchase of all of the remaining $131 million of the $216 million of Fixed Rate Cumulative Perpetual Preferred Stock, Series A that it issued to the U.S. Department of the Treasury as part of the U.S. Treasury's Capital Purchase Program on December 23, 2008.

The news release announcing the repurchase, 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 exhibit 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, are 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 November 28, 2012 entitled, "International Bancshares Corporation Announces Completion of Repurchase of All Remaining TARP Preferred Stock"

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