Exhibit 12

Intervest Bancshares Corporation and Subsidiaries

Computation of Ratios of Earnings to Fixed
Charges



|                                                                               |  |                                            |         |                                |   |                              |  |   |       
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|                                                                               |  | For the Year Ended December 31, 2006      
|($ in thousands)                                                               |  | IntervestBancsharesCorporationConsolidated |         | IntervestBancsharesCorporation |   | IntervestMortgageCorporation
|Earnings before income taxes (1)                                               |  | $                                          | 41,484  |                                | $ | 118                          |  | $ | 5,813 
|Fixed charges, excluding interest on deposits (2)                              |  |                                            | 12,666  |                                |   | 4,910                        |  |   | 7,197 
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, excluding interest on deposits |  |                                            | 54,150  |                                |   | 5,028                        |  |   | 13,010
|Interest on deposits                                                           |  |                                            | 65,631  |                                |   |                             |  |   |      
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, including interest on deposits |  | $                                          | 119,781 |                                | $ | 5,028                        |  | $ | 13,010
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings to fixed charges ratios:                                              |  |                                            |         |                                |   |                              |  |   |       
|Excluding interest on deposits                                                 |  |                                            | 4.28 x  |                                |   | 1.02 x                       |  |   | 1.81 x
|Including interest on deposits                                                 |  |                                            | 1.53 x  |                                |   | 1.02 x                       |  |   | 1.81 x
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|                                                                               | 
|                                                                               |  | For the Year Ended December 31, 2005      
|($ in thousands)                                                               |  | IntervestBancsharesCorporationConsolidated |         | IntervestBancsharesCorporation |   | IntervestMortgageCorporation
|Earnings before income taxes (1)                                               |  | $                                          | 32,250  |                                | $ | 112                          |  | $ | 5,745 
|Fixed charges, excluding interest on deposits (2)                              |  |                                            | 12,528  |                                |   | 5,003                        |  |   | 7,370 
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, excluding interest on deposits |  |                                            | 44,778  |                                |   | 5,115                        |  |   | 13,115
|Interest on deposits                                                           |  |                                            | 44,919  |                                |   |                             |  |   |      
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, including interest on deposits |  | $                                          | 89,697  |                                | $ | 5,115                        |  | $ | 13,115
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings to fixed charges ratios:                                              |  |                                            |         |                                |   |                              |  |   |       
|Excluding interest on deposits                                                 |  |                                            | 3.57 x  |                                |   | 1.02 x                       |  |   | 1.78 x
|Including interest on deposits                                                 |  |                                            | 1.56 x  |                                |   | 1.02 x                       |  |   | 1.78 x
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|                                                                               | 
|                                                                               |  | For the Year Ended December 31, 2004      
|($ in thousands)                                                               |  | IntervestBancsharesCorporationConsolidated |         | IntervestBancsharesCorporation |   | IntervestMortgageCorporation
|Earnings (loss) before income taxes (1)                                        |  | $                                          | 20,229  |                                | $ | 107                          |  | $ | 4,379 
|Fixed charges, excluding interest on deposits (2)                              |  |                                            | 12,353  |                                |   | 4,351                        |  |   | 7,945 
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, excluding interest on deposits |  |                                            | 32,582  |                                |   | 4,458                        |  |   | 12,324
|Interest on deposits                                                           |  |                                            | 26,330  |                                |   |                             |  |   |      
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings before income taxes and fixed charges, including interest on deposits |  | $                                          | 58,912  |                                | $ | 4,458                        |  | $ | 12,324
|                                                                               |  |                                            |         |                                |   |                              |  |   |       
|Earnings to fixed charges ratios:                                              |  |                                            |         |                                |   |                              |  |   |       
|Excluding interest on deposits                                                 |  |                                            | 2.64 x  |                                |   | 1.02 x                       |  |   | 1.55 x
|Including interest on deposits                                                 |  |                                            | 1.52 x  |                                |   | 1.02 x                       |  |   | 1.55 x
|                                                                               |  |                                            |         |                                |   |                              |  |   |       

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|(1) | Intervest Bancshares Corporations earnings before income taxes includes dividends received from subsidiaries for purposes of this calculation.
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|(2) | Fixed charges represent interest on debentures and other short-term borrowings and amortization of debenture offering costs.
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