UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of Earliest Event Reported): October 17, 2006

                        INTERVEST BANCSHARES CORPORATION
               (Exact Name of Registrant as Specified in Charter)

           Delaware                   000-23377                13-3699013
 ----------------------------         ----------         ----------------------
 (State or other jurisdiction        (Commission             (IRS Employer
       of incorporation)             File Number)        Identification Number)


       One Rockefeller Plaza, Suite 400 New York, New York     10020-2002
       ---------------------------------------------------     ----------
            (Address of Principal Executive Offices)           (Zip Code)


       Registrant's Telephone Number Including Area Code:  (212) 218-2800
                                                           --------------


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     [ ]  Written  communications  pursuant to Rule 425 under the Securities Act
          (17  CFR  230.425)

     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR  240.14a-12)

     [ ]  Pre-commencement  communications  pursuant  to Rule 14d-2(b) under the
          Exchange  Act  (17  CFR  240.14d-  2(b))

     [ ]  Pre-commencement  communications  pursuant  to Rule 13e-4(c) under the
          Exchange  Act  (17  CFR  240.13e-4(c))



SECTION 2 - FINANCIAL INFORMATION

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On  October  17,  2006, the registrant issued an earnings release related to its
quarterly  period  ended September 30, 2006 and the text of that announcement is
attached  hereto  as  Exhibit  99.1.  This Form 8-K and the attached exhibit are
provided  under  Section  2, Item 2.02 of Form 8-K and are furnished to, but not
filed  with,  the  Securities  and  Exchange  Commission.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

     Exhibit No.     Description

        99.1         Press Release dated October 17, 2006

                                   SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.

                                        INTERVEST BANCSHARES CORPORATION


Date:  October 17, 2006            By:  /s/ Lowell S. Dansker
                                   --------------------------
                                   LOWELL S. DANSKER,
                                   CHAIRMAN AND EXECUTIVE VICE PRESIDENT
                                   (PRINCIPAL EXECUTIVE OFFICER)


Date:  October 17, 2006            By:  /s/ John J. Arvonio
                                   ------------------------
                                   JOHN J. ARVONIO,
                                   CHIEF FINANCIAL AND ACCOUNTING OFFICER
                                   (PRINCIPAL FINANCIAL OFFICER)



                                INDEX TO EXHIBITS

Exhibit No.     Description
- -----------     -----------

99.1            Press Release dated October 17, 2006