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News Breaks | | | | November 28, 2012 | | 15:32 EDT |  | IBOC | International Bancshares completes repurchase of all remaining TARP preferreds
International Bancshares announced that it has completed the repurchase of all of the remaining 131,000 shares of the preferred stock it issued to the U.S. Department of the Treasury under the Troubled Asset Relief Program Capital Purchase Program on December 23, 2008. IBC paid the U.S. Treasury a total of $131M of the $216M it received under the Capital Purchase Program, plus an accrued dividend of $236,527.78. The company said its pro forma capital ratios following the repurchase of the TARP preferred stock continue to significantly exceed the regulatory standards for the company and each of its subsidiary banks to be categorized as well-capitalized. | |
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News For IBOC From The Last 14 Days Check below for free stories on IBOC the last two weeks. |
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| May 9, 2013 | | 10:39 EDT |  | IBOC | International Bancshares reports Q1 EPS 42c, one estimate 37c
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