FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * SANCHEZ ANTONIO R JR   2. Issuer Name and Ticker or Trading Symbol INTERNATIONAL BANCSHARES CORP [IBOC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) P.O. BOX 2986 3. Date of Earliest Transaction (Month/Day/Year) 11/26/2012 (Street) LAREDO, TX 78044 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price COMMON STOCK 11/26/2012   J   56,672 D (1) 1,067,439 (3) I HELD IN PARTNERSHIP COMMON STOCK 11/26/2012   J   28,075 A (1) 2,392,635 D   COMMON STOCK 11/26/2012   J   28,597 A (1) 5,151,846 (3) I HELD IN TRUST COMMON STOCK 11/26/2012   J   118,366 D (2) 2,274,269 D   COMMON STOCK 11/26/2012   J   28,597 D (2) 5,123,249 (3) I HELD IN TRUST COMMON STOCK 11/26/2012   J   110,222 A (2) 5,233,471 I HELD IN TRUST

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SANCHEZ ANTONIO R JR P.O. BOX 2986 LAREDO, TX 78044	X	X

Signatures

/S/ANTONIO R. SANCHEZ JR.		11/26/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On November 26, 2012, SANTIG, Ltd. distributed 56,672 shares to its limited partners. Of these shares, 28,597 shares were distributed to fourtrusts for which the reporting person is the sole trustee and 28,075 shares were distributed to the reporting person directly.
(2)	On November 26, 2012, immediately following the pro-rata distribution described in footnote 1 above, in a private transaction, the reporting person transferred 118,366 shares (including the 28,075 shares received as described in footnote 1 above), and the four trusts for which the reporting person is the sole trustee transferred the 28,597 shares described in footnote 1 above, to a fifth trust for which the reporting person is the sole trustee and to a foundation, in satisfaction of certain debt owed to the fifth trust and the foundation by the reporting person and the four trusts. In the transfer, the fifth trust received 110,222 shares and the foundation received 36,741 shares.
(3)	The reporting person disclaims beneficial ownership of the reported securities except to the extent of pecuniary interests therein, if any.

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