Exhibit 24.2




                       Consent of Independent Accountants



The Board of Directors
Intervest Bancshares Corporation
New York, New York:


We consent to the use of our report  dated  January  18,  2001  relating  to the
consolidated  balance  sheets as of  December  31, 2000 and 1999 and the related
consolidated   statements  of  earnings,   comprehensive   income,   changes  in
stockholders' equity and cash flows for the three-year period ended December 31,
2000 of Intervest  Bancshares  Corporation  and to the use of our name under the
caption of  "Experts,"  in the  Registration  Statement on Form S-1 of Intervest
Bancshares Corporation.




HACKER, JOHNSON & SMITH PA
Tampa, Florida
June 18, 2001