INTERNATIONAL BANCSHARES CORP

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

IBOC$67.85-0.9%Stored close · as of Nov 10, 2026

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Contents

EX-13 · Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows




· · · 2025 · · 2024 · · 2023
Operating activities:

Net income	$412,293	$409,167	$411,768

Adjustments to reconcile net income to net cash provided by operating activities:
Credit loss expense	15,092	31,802	34,576
Specific reserve, other real estate owned	1,296	632	2,538
Depreciation of bank premises and equipment	23,349	22,524	21,944
Gain on sale of bank premises and equipment	(23)	(378)	(198)
Loss (gain) on sale of other real estate owned	518	182	(7,370)
Accretion of investment securities discounts	(4,536)	(3,022)	(1,913)
Amortization of investment securities premiums	4,475	5,553	6,901
Investment securities transactions, net	1	1	3
Unrealized (gain) loss on equity securities with readily determinable fair values	(180)	24	(59)
Stock based compensation expense	104	214	330
Earnings from affiliates and other investments	(5,504)	(7,360)	(983)
Deferred tax expense (benefit)	14,066	(11,466)	22,950
Increase in accrued interest receivable	(255)	(6,873)	(19,515)
Decrease (increase) in other assets	34,619	(8,067)	(7,297)
(Decrease) increase in other liabilities	(4,258)	41,015	10,757

Net cash provided by operating activities	491,057	473,948	474,432

Investing activities:

Proceeds from maturities of securities	1,325	2,075	51,167
Proceeds from sales and calls of available for sale securities	15,490	3,750	2,045
Purchases of available for sale securities	(813,002)	(984,543)	(1,079,215)
Principal collected on mortgage backed securities	987,467	833,690	629,194
Net increase in loans	(664,746)	(812,477)	(632,976)
Purchases of other investments	(131,062)	(48,052)	(31,256)
Distributions from other investments	21,898	32,007	12,175
Purchases of bank premises and equipment	(18,121)	(14,147)	(27,497)
Proceeds from sales of bank premises and equipment	23	874	269
Proceeds from sales of other real estate owned	9,035	1,760	8,888

Net cash used in investing activities	(591,693)	(985,063)	(1,067,206)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.