IBC Bank Pays More Than $12.1 Million in Bonus and Profit Sharing in December 2017

(Press Release) In December 2017, IBC Bank rewarded officers and employees with approximately $12.1 million in annual bonuses and profit sharing.  The $12.1 million in bonus incentives and profit sharing are just a few of the benefits IBC offers to over 3,000 officers and employees in Texas and Oklahoma.

IBC Bank CEO and Chairman of the Board Dennis E. Nixon said that rewarding the rank and file for their dedication and commitment is woven into the fabric of the bank’s commitment to its officers and employees.

“IBC Bank is an employer of choice and has been creating career opportunites since 1966,” said Dennis E. Nixon, IBC Bank CEO and chairman of the board. “Annual bonuses and profit sharing are some of the ways of recognizing the hard work of our employees and their contributions to our bank’s growth. Furthermore, our employees are encouraged to give back to the communities we serve and are the heart of our ‘We Do More’ philosophy.”  

IBC Bank and Commerce Bank are divisions of International Bancshares Corporation (NASDAQ: IBOC), a $12.2 billion multi-bank financial holding company headquartered in Laredo, Texas, with 193 facilities and more than 296 ATMs serving 88 communities in Texas and Oklahoma. In 2016, IBC celebrated its 50th anniversary since opening its doors for business in 1966. IBC Bank’s slogan “We Do More” reflects the bank’s dedication to the growth and success of both the customers and the communities it serves. International Bancshares was ranked 46th on Forbes’ prestigious list of 100 Best Banks in America in 2017. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. Visit us on our YouTube channel, IBCBankWeDoMore. More information is available at ibc.com.