Exhibit 31.0

                CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER
            PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I,  Jerome  Dansker,  as  the  principal  executive  officer  of  Intervest
Bancshares  Corporation  and  Subsidiaries  (the  "Company"),  certify,  that:

1.   I  have  reviewed this report on Form 10-K for the year ending December 31,
2005 of the Company;

2.   Based  on  my  knowledge, this report does not contain any untrue statement
of  a  material  fact  or  omit  to  state a material fact necessary to make the
statements  made, in light of the circumstances under which such statements were
made,  not  misleading  with  respect  to  the  period  covered  by this report;

3.   Based  on  my  knowledge,  the  financial  statements,  and other financial
information included in this report, fairly present in all material respects the
financial  condition, results of operations and cash flows of the Company as of,
and  for,  the  periods  presented  in  this  report;

4.   The  Company's  other  certifying  officers  and  I  are  responsible  for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-15e  and  15d-15e)  for  the  Company  and  have:

            (a)     Designed  such disclosure controls and procedures, or caused
                    such disclosure controls and procedures to be designed under
                    my supervision, to ensure that material information relating
                    to  the Company, including its consolidated subsidiaries, is
                    made  known  to  me  by  others  within  those  entities,
                    particularly during the period in which this report is being
                    prepared;

            (b)    [Paragraph  omitted  pursuant  to  SEC Release Nos. 33-8238;
                    34-47986];

            (c)     Evaluated  the  effectiveness  of  the  Company's disclosure
                    controls  and  procedures  and  presented  in this report my
                    conclusions  about  the  effectiveness  of  the  disclosure
                    controls and procedures, as of the end of the period covered
                    by  this  report  based  on  such  evaluation;  and

            (d)     Disclosed  in  this  report  any  change  in  the  Company's
                    internal  control  over  financial  reporting  that occurred
                    during the Company's most recent quarter that has materially
                    affected,  or is reasonably likely to materially affect, the
                    Company's  internal  control  over  financial reporting; and

5.   The  Company's  other  certifying  officers  and I have disclosed, based on
our most recent evaluation of internal control over financial reporting, to the
Company's auditors and the Audit Committee of the Company's Board of Directors:

            (a)     All  significant deficiencies and material weaknesses in the
                    design  or  operation of the internal control over financial
                    reporting  which  are  reasonably likely to adversely affect
                    the  Company's  ability  to  record,  process, summarize and
                    report  financial  information;  and

            (b)     Any fraud, whether or not material, that involves management
                    or  other  employees  who  have  a  significant  role in the
                    Company's  internal  control  over  financial  reporting.

            /s/  Jerome Dansker
            --------------------
            Jerome Dansker, Chairman and Chief Executive Officer
            (Principal  Executive  Officer)
            February 23, 2006