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, 2008       | 
|($ in thousands)                                                               |  | IntervestBancsharesCorporationConsolidated |  | IntervestBancsharesCorporation |  | IntervestMortgageCorporation | 
|Earnings before income taxes (1)                                               |  | $ 13,157                                   |  | $138                           |  | $1,541                       | 
|Fixed charges, excluding interest on deposits (2)                              |  | 9,740                                      |  | 3,537                          |  | 5,150                        | 
|                                                                               |  |                                            | 
|Earnings before income taxes and fixed charges, excluding interest on deposits |  | 22,897                                     |  | 3,675                          |  | 6,691                        | 
|Interest on deposits                                                           |  | 80,636                                     |  | -                              |  | -                            | 
|                                                                               |  |                                            | 
|Earnings before income taxes and fixed charges, including interest on deposits |  | $103,533                                   |  | $3,675                         |  | $6,691                       | 
|                                                                               | 
|                                                                               |  |                                            | 
|Earnings to fixed charges ratios:                                              |  |                                            |  |                                |  |                              | 
|Excluding interest on deposits                                                 |  | 2.35 x                                     |  | 1.04 x                         |  | 1.30 x                       | 
|Including interest on deposits                                                 |  | 1.15 x                                     |  | 1.04 x                         |  | 1.30 x                       | 
|                                                                               | 
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|                                                                               |  | For the Year Ended December 31, 2007       | 
|($ in thousands)                                                               |  | IntervestBancsharesCorporationConsolidated |  | IntervestBancsharesCorporation |  | IntervestMortgageCorporation | 
|Earnings before income taxes (1)                                               |  | $ 34,452                                   |  | $292                           |  | $1,650                       | 
|Fixed charges, excluding interest on deposits (2)                              |  | 11,106                                     |  | 3,647                          |  | 6,526                        | 
|                                                                               |  |                                            | 
|Earnings before income taxes and fixed charges, excluding interest on deposits |  | 45,558                                     |  | 3,939                          |  | 8,176                        | 
|Interest on deposits                                                           |  | 78,547                                     |  | -                              |  | -                            | 
|                                                                               |  |                                            | 
|Earnings before income taxes and fixed charges, including interest on deposits |  | $124,105                                   |  | $3,939                         |  | $8,176                       | 
|                                                                               | 
|                                                                               |  |                                            | 
|Earnings to fixed charges ratios:                                              |  |                                            |  |                                |  |                              | 
|Excluding interest on deposits                                                 |  | 4.10 x                                     |  | 1.08 x                         |  | 1.25 x                       | 
|Including interest on deposits                                                 |  | 1.38 x                                     |  | 1.08 x                         |  | 1.25 x                       | 
|                                                                               | 
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|                                                                               |  | For the Year Ended December 31, 2006       | 
|($ 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                       | 
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|(1) | Intervest Bancshares Corporations earnings before income taxes includes dividends received from its subsidiaries for purposes of this calculation.
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|(2) | Fixed charges for purposes of this calculation represent the aggregate of interest expense on debentures and other short-term borrowings, amortization of
debenture offering costs and preferred stock dividend requirements, which are comprised of preferred stock dividends and related preferred stock discount amortization.
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