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

12 Months Ended

Dec. 31, 2021

Schedule of condensed statements of condition of Parent Company

(Dollars in Thousands)

	2021		2020
ASSETS
Cash	$	62,564	$	66,252
Other investments		90,555		77,661
Net loans		10,401		11,950
Investment in subsidiaries		2,281,597		2,167,516
Goodwill		3,365		3,365
Other assets		1,644		—
Total assets	$	2,450,126	$	2,326,744
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities:
Junior subordinated deferrable interest debentures	$	134,642	$	134,642
Due to IBC Trading		21		21
Other liabilities		6,982		14,083
Total liabilities		141,645		148,746
Shareholders’ equity:
Common shares		96,351		96,241
Surplus		152,144		149,334
Retained earnings		2,470,710		2,289,626
Accumulated other comprehensive (loss) income		(31,980)		20,825
		2,687,225		2,556,026
Less cost of shares in treasury		(378,744)		(378,028)
Total shareholders’ equity		2,308,481		2,177,998
Total liabilities and shareholders’ equity	$	2,450,126	$	2,326,744