UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15 (d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 16, 2011

 

INTERNATIONAL BANCSHARES CORPORATION

(Exact name of registrant as specified in its charter)

 

Commission File Number 000-09439

 

 

 

(Registrant’s telephone number, including area code)  (956) 722-7611

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below);

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 250.13e-4 (c))

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On May 16, 2011, International Bancshares Corporation (the “Company”) held its 2011 Annual Meeting of Shareholders (the “Annual Meeting”) to vote on the following proposals:

 

(1)          To elect twelve (12) directors of the Company to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified;

 

(2)          To ratify the appointment of McGladrey & Pullen, LLP as independent auditors for the fiscal year ending December 31, 2011; and

 

(3)          To consider and approve a non-binding advisory resolution to approve the compensation of the Company’s named executives as described in the Compensation, Discussion and Analysis and the tabular disclosure regarding named executive officer compensation in the Company’s Proxy Statement for the Annual Meeting.

 

At the Annual Meeting 59,238,146 shares of Company common stock were present in person or by proxy.  The following table lists the final voting results for the Annual Meeting:

 

										Broker
Election of Directors		For		Against		Withheld		Abstentions		Non-Votes
Irving Greenblum		47,466,677				586,625				11,053,805
R. David Guerra		39,280,216				8,773,086				11,053,805
Daniel B. Hastings, Jr.		47,481,122				572,180				11,053,805
Douglas B. Howland		47,505,444				547,858				11,053,805
Imelda Navarro		37,478,390				10,574,912				11,053,805
Sioma Neiman		31,977,689				16,075,613				11,053,805
Peggy J. Newman		47,486,663				566,639				11,053,805
Dennis E. Nixon		37,031,234				11,022,068				11,053,805
Larry A. Norton		47,505,307				547,995				11,053,805
Leonardo Salinas		41,191,183				6,862,119				11,053,805
Antonio R. Sanchez, Jr.		38,725,818				9,327,484				11,053,805
Guillermo F. Trevino		47,505,134				548,168				11,053,805
Ratification of McGladrey & Pullen, LLP		59,063,763		148,555				25,828		131,039
Non-binding Advisory Resolution		46,898,915		486,310				659,246		11,062,636

 

Based on the foregoing results, each director nominee was elected by a plurality vote, which is the voting standard required by the Company’s Bylaws.  In addition, each of the other proposals was approved by a majority vote.

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

	INTERNATIONAL BANCSHARES CORPORATION
	(Registrant)
	By:	/s/ Dennis E. Nixon
		Dennis E. Nixon, President and
		Chairman of the Board
Date: May 18, 2011

 

3