International Bancshares Corporation (Parent Company Only) Financial Information Statements of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2015

International Bancshares Corporation (Parent Company Only) Financial Information Statements of Cash Flows

Schedule of condensed statements of cash flows of Parent Company

(Dollars in Thousands)

	2015		2014		2013
Operating activities:
Net income	$	136,726	$	153,151	$	126,351
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment charges on available for sale securities		385		254		754
Stock compensation expense		1,172		1,058		414
(Decrease) increase in other liabilities		(1,998)		416		(969)
Equity in (undistributed) distributed net income of subsidiaries		(83,486)		(79,695)		(93,089)
Net cash provided by operating activities		52,799		75,184		33,461
Investing activities:
Principal collected on mortgage-backed securities		474		1,301		1,207
Net decrease in notes receivable		105		109		96
(Increase) decrease in other assets and other investments		(1,830)		(7,008)		432
Net cash (used in) provided by investing activities		(1,251)		(5,598)		1,735
Financing activities:
Repayment of trust preferred securities		(14,000)		(15,310)		—
Proceeds from stock transactions		1,370		555		265
Payments of cash dividends - common		(38,515)		(34,762)		(28,894)
Purchase of treasury stock		(6,678)		(18,923)		—
Net cash used in financing activities		(57,823)		(68,440)		(28,629)
Increase (decrease) in cash		(6,275)		1,146		6,567
Cash at beginning of year		9,252		8,106		1,539
Cash at end of year	$	2,977	$	9,252	$	8,106