UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

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Rule 13d-1(b)

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Rule 13d-1(c)

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Rule 13d-1(d)

CUSIP No.  882673 10 6

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
GLEN E. RONEY

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3.

SEC Use Only

4.

Citizenship or Place of Organization
United States

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,057,016 (including 95,938 shares subject to options that are exercisable within 60 days)

6.

Shared Voting Power 
554,859

7.

Sole Dispositive Power 
3,057,016 (including 95,938 shares subject to options that are exercisable within 60 days)

8.

Shared Dispositive Power
554,859

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,611,875 shares

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
7.3%

12.

Type of Reporting Person (See Instructions)
IN

Item 1.

(a)

Name of Issuer
TEXAS REGIONAL BANCSHARES, INC.

(b)

Address of Issuer’s Principal Executive Offices
3900 North 10^th Street, 11^th Floor, McAllen, TX  78501

Item 2.

(a)

Name of Person Filing
GLEN E. RONEY

(b)

Address of Principal Business Office or, if none, Residence
3900 North 10^th Street, 11^th Floor, McAllen, TX  78501

(c)

Citizenship
United States

(d)

Title of Class of Securities
CLASS A VOTING COMMON, $1.00 PAR VALUE PER SHARE

(e)

CUSIP Number
882673 10 6

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

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A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

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Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned:   

3,611,875 shares, including 192,715.5764 shares held for my benefit pursuant to the ESOP (defined below) and 95,938 shares that may be acquired pursuant to options exercisable within 60 days

(b)

Percent of class:   

7.3%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote   

3,057,016 (including 95,938 shares subject to options that are exercisable within 60 days)

(ii)

Shared power to vote or to direct the vote    

554,859

(iii)

Sole power to dispose or to direct the disposition of   

3,057,016 (including 95,938 shares subject to options that are exercisable within 60 days)

(iv)

Shared power to dispose or to direct the disposition of   

554,859

Note:  This statement includes shares allocated to my account and held by the Texas Regional Bancshares, Inc. Amended and Restated Employee Stock Ownership Plan (the “ESOP”).  I and two other individuals, Morris Atlas and Frank N. Boggus, serve as Co-Trustees of the trust created by the ESOP to hold assets created by the ESOP.  The ESOP gives the Trustees the power to vote unallocated shares, to vote allocated shares when the Trustees do not receive voting instructions from the participant and to direct the disposition of dividends and the proceeds from the sale of shares.  Plan participants have the power to vote shares allocated to their accounts.  The ESOP also gives the Trustees certain limited power to dispose of shares held pursuant to the ESOP, based on limitations and conditions as contained in the ESOP.  As of December 31, 2004, a total of 1,590,915 Class A Voting Common shares were held pursuant to the ESOP.  All of the shares held pursuant to the ESOP have been allocated to participant accounts.  The shares allocated to my account as an employee of Texas Regional Bancshares, Inc. and a participant in the ESOP at December 31, 2004 are included in this statement.

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

I disclaim beneficial ownership of 143,823 shares included in this statement.  These shares are held by the Texas State Bank Trust Department and as a member of the Trust Committee along with several other individuals, I have the power to vote the shares.  However, I do not have the right to receive, nor the right to proceeds from the sale of such securities.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

Not applicable.

February 8, 2005

Date

/s/ G.E. Roney

Signature

G.E. Roney

Name/Title