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International Bank of Commerce (IBC)
       
 
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International Bank of Commerce (IBC)
 
 
Overview: 

Doing More Since 1966

IBC was founded in 1966 to meet the needs of the small businesses of Laredo, Texas. Today, it serves as the flagship bank of International Bancshares Corporation. Since its opening, IBC has grown from less than $1 million in assets to over $11.5 billion making it one of Texas’ largest holding companies. IBC now serves more than 104 communities throughout Texas and Oklahoma with more than 275 branches and more than 435 ATM'S. IBC provides full service banking 7 days a week.
Performance

This tremendous growth has made IBC one of the best performing banks in the United States. Sheshunoff Information Services, Inc., the premier independent banking rating service, has ranked IBC as one of the leading banks in terms of Return on Average Assets time and time again. IBC has also been ranked on the Forbes 500 list.

In 2008, IBC Bank was recognized with two rankings by American Banker as one of the nation’s largest banks and thrifts with the most assets and highest five-year return on equity. IBC placed in the top 150 out of more than 8.500 U.S. banks in the two category rankings. With more than $11.5 billion in assets, and a 16.9 percent return on five-year equity, IBC Bank’s solid financials propelled the bank onto the list. Hispanic Business Magazine ranked IBC as the number one Hispanic-owned business in Texas and sixth nationally.

IBC is proud of its record of never having experienced a down year, a record that continues to inspire confidence among our customers.
Our Business Philosophy

IBC’s successes have come as a result of an aggressive and innovative attitude to “Do More” for our customers and our communities. This philosophy of investing time and resources does not end in the development of products and services. We encourage our more than 3000 employees and officers to serve on boards and to volunteer in civic groups and charitable organizations supporting arts, education, neighborhood revitalization programs, economic development, medical research and many other causes.

“We Do More” reflects our commitment and dedication to the growth and success of our customers and our communities. It means we respond promptly to our customers’ needs.
Excellence in Performance

In 2005, the Texas Banker’s Association recognized IBC with its Cornerstone Award, citing IBC’s community support through the It’s a Brighter Christmas program. In 2001, Texas Governor Rick Perry honored IBC with the Governor’s Volunteer Award. The National Banker’s Association has awarded IBC their coveted High Performance Bank Award many times in recognition of leadership qualities and excellence in overall performance and service. IBC has also received the prestigious George Washington Honor Medal from the Freedoms Foundation at Valley Forge and has been recognized time and time again by United Way with the Corporate Excellence Award for its strong community support.

The phenomenal success of IBC and its perfect record of consecutive years of growth and profitability are directly attributed to the dynamic leadership of Chairman of the Board and CEO Dennis E. Nixon and the IBC team that surrounds him.

In 2006, Dennis Nixon was inducted into the prestigious Texas Business Hall of Fame. Since 2007, Nixon serves on the board of directors of the United States Chamber of Commerce. He also received the 2008 International Citizen Award from the World Affairs Council of San Antonio, TX.


 
 
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