EXHIBIT 99.1


CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION
906 OF THE SARBANES-OXLEY ACT OF 2002

     In connection with the filing of the Quarterly  Report on Form 10-Q for the
quarter  ended  September  30,  2002  (the  "Report")  by  Intervest  Bancshares
Corporation (the "Company"),  the  undersigned,  as the principal  executive and
principal  financial  officer of the Company,  hereby  certifies  pursuant to 18
U.S.C.  ss. 1350, as adopted  pursuant to ss. 906 of the  Sarbanes-Oxley  Act of
2002, that, to my knowledge:

(1)  The Report fully complies with the  requirements  of section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and
(2)  The information  contained in the Report fairly  presents,  in all material
     respects, the financial condition and results of operations of the Company.

/s/ Lowell S. Dansker
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Lowell S. Dansker, President and Treasurer
(Principal Executive and Financial Officer)
November 8, 2002