International Bancshares Corp

For debt investments classified as Level 2 in the fair value hierarchy, we obtain fair value measurements from an independent pricing service.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

Securities Sold Under Repurchase Agreements Securities sold under repurchase agreements are short-term maturities.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

Other Borrowed Funds We currently have long-term borrowings issued from the Federal Home Loan Bank ( FHLB ).

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

The long-term borrowings outstanding at June 30, 2026 and December 31, 2025 are fixed-rate borrowings, and the fair value is based on established market spreads for similar types of borrowings.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

The fixed rate long-term borrowings are included in Level 2 of the fair value hierarchy.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

At June 30, 2026 and December 31, 2025, the carrying amount of the fixed rate long-term FHLB borrowings was $ 10,225,000 and $ 10,332,000 , respectively, and the estimated fair value was $ 10,225,000 and $ 10,332,000 , respectively.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

We believe that with continued focus on these established practices supported by new initiatives, we will continue to deliver industry-leading financial results, especially in light of the current economic uncertainty in the United States and across world markets.

SEC original ↗International Bancshares Corp — Earnings release (8-K exhibit)EX-99Aug 7, 2025

ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; it also establishes a fair value hierarchy that prioritizes the inputs used in valuation methodologies into the following three levels: Level 1 Inputs - Unadjusted quoted prices in active markets for identical assets or liabilities.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

Those qualitative loss factors are: (i) trends in portfolio volume and composition, (ii) volume and trends in classified loans, delinquencies and non-accruals, (iii) concentration risk, (iv) trends in underlying collateral value, (v) changes in policies, procedures, and strategies, and (vi) economic conditions.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026

We believe that with continued focus on these established practices supported by new initiatives, we will continue to deliver industry-leading financial results, especially in light of the current economic uncertainty in the United States and across world markets.

SEC original ↗International Bancshares Corp — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision.

SEC original ↗International Bancshares Corp — 10-Q Quarterly report10-QAug 6, 2026