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Press Release

Friday, May 03, 2013

 IBC Banker Honored By Texas Bankers Association for Distinguished Career 

IBC Bank-Port Lavaca Chairman of the Board
Richard Bothe honored as 50-year banker

Richard Bothe TBA

IBC Bank-Port Lavaca Chairman of the Board Richard Bothe was honored as a 50-year banker by the Texas Bankers Association. Left to right: IBC Bank Chairman Dennis E. Nixon and Bothe at the ceremony May 3 in San Antonio. Photo credit: Jonathan Alonzo

(May 3, 2013) LAREDO, Texas – IBC Bank-Port Lavaca Chairman of the Board Richard Bothe was honored with a 50-year Banker Award at the Texas Bankers Association’s 129th annual convention in San Antonio on May 3. Bothe began his banking career in 1960 and served as president and CEO of IBC Bank-Port Lavaca from 1994 to 2012.

“Our hats are off to Richard as he’s honored for an accomplishment few attain – a 50-year career in banking,” IBC Bank Chairman and CEO Dennis E. Nixon said. “We are thankful for his 19 years of tremendous service to IBC, his ‘We Do More’ attitude, and his commitment to the Coastal Bend region.”

“I am grateful to IBC and Dennis Nixon for giving me the opportunity in 1994 to become part of such a dynamic and successful organization, and to my family for their unselfish support,” Bothe said. “I feel honored to have earned the trust and respect of so many customers and associates over my career and thankful I had the opportunity to serve so many and make numerous lifelong friendships and associations.”

After working part time for Citizen’s National Bank in San Antonio, Bothe began work as a bank examiner for the U.S. Treasury in 1962. He moved back into banking in 1966 with Brooks Field National Bank in San Antonio acquiring skills in all areas of commercial lending, credit and personal banking. Managing and building portfolios and relationships, he became president and CEO of Main Bank and Trust in San Antonio while still in his 30s. During the next 10 years, he was president, CEO and chairman of the board of two other banks in the Alamo City. Following several years of private consultancy, Bothe earned his securities dealer’s license and worked as a bank-affiliated investment representative before joining IBC Bank–San Antonio in early 1994. He was quickly on the presidential track, assuming the top position for IBC Bank–Port Lavaca and Bay City in late 1994. Though retired as president, he is chairman of the board for IBC Bank–Port Lavaca.

“As to life in general, I feel it is worthwhile to remember we have little or no control over almost all things with the exception of our attitude. Attitude can make a huge difference in everything we do, every day, and we can control that every waking hour and minute,” Bothe added.

During the annual convention, IBC Bank was also recognized May 2 for its support of the Tejano Monument with a 2013 Cornerstone Award. The Tejano Monument was unveiled in March 2012 on the south lawn of the Texas capitol. It is the largest of its kind on any state capitol grounds and honors the contributions of Texas’ early Spanish-American settlers and their descendants. Fundraising for the Tejano Monument was led by IBC Bank–Zapata CEO Renato Ramirez, who was instrumental in the monument’s conception, capitalization and completion, raising $1.3 million from private donors. IBC Bank made the largest private donation to the monument fund at $200,000 and funded a yearlong public relations initiative to increase awareness and support.

The Texas Bankers Association (TBA) is the largest state banking association in the U.S. TBA represents the Texas banking industry with members of all asset sizes – this includes 85 percent of Texas banks, 5,200 bank branches and 95 percent of Texas deposits. Founded in 1885, the organization represents its members at the state and federal levels by monitoring legislative and regulatory issues affecting banking.

IBC Bank is a member of International Bancshares Corporation (NASDAQ: IBOC), an $11.9 billion multi-bank financial holding company headquartered in Laredo, Texas, with 215 facilities and 339 ATMs serving 88 communities in Texas and Oklahoma. More information is available at www.ibc.com. Visit us on our YouTube Channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION.