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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. __________)
INTERVEST BANCSHARES CORPORATION
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(Name of Issuer)
Class A Common Stock, $1.00 par value
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(Title of Class of Securities)
460927-10-6
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(CUSIP Number)
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lowell S. Dansker
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
532,500
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
532,500
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER
0
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
532,500
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
24.13%
12 TYPE OF REPORTING PERSON
IN
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Item 1(a). Name of Issuer:
Intervest Bancshares Corporation
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Item 1(b). Address of Issuer's Principal Executive Offices:
10 Rockefeller Plaza, Suite 1015, New York, New York 10020-1903
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Item 2(a). Name of Person Filing:
Lowell S. Dansker
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Item 2(b). Address of Principal Business Office or, if None, Residence:
10 Rockefeller Plaza, Suite 1015, New York, New York 10020-1903
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Item 2(c). Citizenship:
United States
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Item 2(d). Title of Class of Securities:
Class A Common stock, $1.00 par value
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Item 2(e). CUSIP Number:
460927-10-6
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act,
(d) [ ] Investment Company registered under Section 8 of the Investment
Company Act,
(e) [ ] Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940,
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provision of the Employee Retirement Income Security Acto f 1974
or Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g) [ ] Parent Holding Company, in accordance with Rule 13-d(b)(ii)(G);
see Item 7,
(h) [ ] Group, in accordance with Rule 13-1(b)(1)(ii)(H).
Item 4. Ownership.
(a) Amount beneficially owned:
532,500
(b) Percent of class:
24.13%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 532,500
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the disposition of 532,500
(iv) Shared power to dispose or to direct the disposition of 0
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 12, 1998
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(Date)
/S/LOWELL S. DANSKER
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(Signature)
Lowell S. Dansker
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(Name)
