EVANSVILLE, Ind., March 2, 2009 (GLOBE NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) today reported financial results for 2008.

The net loss for 2008 was $110.9 million, or $5.39 per share, compared to net income of $30.7 million or $1.55 per share in 2007. The 2008 results include goodwill impairment of $122.8 million, a provision for loan losses of $65.8 million, other than temporary securities impairment ("OTTI") of $10.6 million and a state income tax valuation allowance of $3.2 million. Results for 2007 included a provision for loan losses of $4.2 million, OTTI of $2.7 million and no goodwill impairment or state tax valuation allowance. The net interest margin for 2008 was 3.18% for 2008, compared to 3.46% in 2007. Non-performing assets totaled $170.3 million at December 31, 2008, up from $25.6 million at December 31, 2007. The net charge-off ratio for all of 2008 was 1.19%.

The net loss for the fourth quarter of 2008 was $81.6 million, or $(3.97) per diluted share, while the pre-tax loss was $110.5 million. The pre-tax loss for the fourth quarter of 2008 was largely attributable to the goodwill impairment charges of $74.8 million and the provision for loan losses of $38.2 million.

The increased provision was primarily allocated to commercial real estate and construction land and development loans which represented 81% of total non-performing loans. The provision for loan losses exceeded net charge-offs by $22.7 million for the fourth quarter of 2008.

The allowance to total loans increased 89 basis points during the fourth quarter to 2.59% at December 31, 2008, while annualized net charge-offs increased 117 basis points to 2.48%. Non-performing loans increased to $150.9 million, or 6.06% of total loans, compared to 3.46% at September 30, 2008, while the allowance to non-performing loans decreased from 49% to 43% for the same dates. Non-performing assets increased to $170.3 million, compared to $92.4 million at September 30, 2008.

"The past year has been a difficult one for the industry, including Integra Bank Corporation," stated Mike Vea, Chairman, President and CEO. "We have suffered from the challenges in the real estate market, especially residential construction in Chicago, which significantly contributed to our unsatisfactory results for 2008. As the real estate market continued to weaken we addressed these issues head on by aggressively recognizing non-accrual loans and building reserve levels. We will continue to take decisive actions with respect to building reserves and capital, improving credit quality and reducing risk and returning to profitability", Vea added.

In February 2009, the Company was approved to participate in the U.S. Department of Treasury's TARP Capital Purchase Program and received funding of $83.6 million for an investment in the form of senior preferred stock and related warrants to purchase common stock on the standard terms and conditions of the program. The senior preferred stock bears a five percent dividend for each of the first five years of the investment, and nine percent thereafter, unless the shares are redeemed. The shares are callable at par at any time subject to prior consultation with the Company's federal banking regulator. The Treasury Department also received a 10-year warrant to purchase 7,418,876 shares of common stock.

Net interest income was $21.4 million for the fourth quarter of 2008, compared to $23.9 million for the third quarter of 2008, while the net interest margin declined 36 basis points to 2.86%. Approximately 18 basis points of the 36 basis point decline in the margin was due to the increased level of nonaccrual loans.

Low cost deposits, which include non-interest checking, NOW and savings deposits, increased $8.4 million, or 3.9% annualized. Retail certificates of deposit increased $22.9 million, or 10.0% annualized, brokered certificates of deposit increased $70.1 million, or 127% annualized and money market balances declined $36.0 million, or 39.0% annualized. Integra funded the majority of its loan growth by using longer-term brokered deposits, retail certificates and Term Auction Facility borrowings. The use of longer-term funding extended maturities, thereby improving Integra's liquidity position, but had a negative impact on the net interest margin.

Commercial loan average balances increased $60.7 million in the fourth quarter of 2008, or 13.6% on an annualized basis. This included growth in commercial real estate of $56.1 million, or 18.0% annualized, and commercial and industrial of $4.6 million, or 3.4% annualized. The growth in commercial real estate came primarily from commitments made prior to the fourth quarter of 2008.

Non-interest income was $5.8 million for the fourth quarter of 2008 and included a $4.3 million other than temporary impairment charge on three trust preferred investment securities.

Non-interest expense for the fourth quarter of 2008 was $99.6 million, including $74.8 million of goodwill impairment. Although goodwill impairment reduces earnings, it is a non-cash charge and has no impact on regulatory capital levels.

The income tax benefit for the fourth quarter of 2008 was $28.9 million. The tax benefit was a result of lower than projected 2008 net and taxable income, coupled with the fourth quarter loss, the impact of low income housing tax credits and tax free loan, municipal security and bank-owned life insurance income, partially offset by a $3.2 million state income tax valuation allowance.

Integra Bank's ratios remain above the regulatory minimum for well capitalized status. Integra's capital ratios remain within the regulatory requirements for being adequately capitalized and are within internal policy guidelines.

Conference Call

Integra executive management will hold a conference call to discuss the contents of this news release, business highlights and its financial outlook on, Monday, March 2, 2009, at 8:00 a.m. CT. The telephone number for the conference call is (877) 741-4249, confirmation code 4313310. The conference call will also be available by webcast at http://www.integrabank.com.

About Integra

Headquartered in Evansville, Indiana, Integra Bank Corporation is the parent of Integra Bank N.A. As of December 31, 2008, Integra has $3.4 billion in total assets and operates 80 banking centers and 136 ATMs at locations in Indiana, Kentucky, Illinois and Ohio. Integra Bank Corporation's common stock is listed on the Nasdaq Global Market under the symbol IBNK. Additional information may be found at Integra's web site, www.integrabank.com.

The Integra Bank Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3858

Safe Harbor

Certain statements made in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "may," "will," "should," "would," "anticipate," "expect," "plan," "believe," "intend," and similar expressions identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) the adverse effects of the current recession in the markets in which Integra does business; (2) changes in the interest rate environment that reduce the net interest margin; (3) unanticipated additional charge-offs and loan loss provisions; (4) the ability of Integra to maintain required capital levels and adequate sources of funding and liquidity; (5) the impact of problems affecting issuers of investment securities Integra holds (6) changes and trends in capital markets; (7) competitive pressures among depository institutions that increase significantly; (8) effects of critical accounting policies and judgments; (9) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; (10) legislative or regulatory changes or actions, or significant litigation that adversely affect Integra or the business in which Integra is engaged; (11) ability to attract and retain key personnel; (12) ability to secure confidential information through the use of computer systems and telecommunications network; and (13) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity, and other factors described in our periodic reports filed with the SEC. We undertake no obligation to revise or update these risks, uncertainties and other factors except as may be set forth in our periodic reports.

 Summary Operating Results Data

 Here is a summary of Integra's fourth quarter 2008 operating results:
 
 Net income (loss) of $(81.6) million for fourth quarter 2008
  * Compared with $(33.3) million for the third quarter 2008
  * Compared with $5.8 million for fourth quarter 2007
 
 Diluted net income (loss) per share of $(3.97) for fourth quarter
 2008
  * Compared with $(1.62) for the third quarter 2008
  * Compared with $0.28 for fourth quarter 2007
 
 Return on assets of (9.57)% for fourth quarter 2008
  * Compared with (3.93)% for third quarter 2008
  * Compared with 0.69% for fourth quarter 2007
 
 Return on equity of (119.82)% for fourth quarter 2008
  * Compared with (41.36)% for third quarter 2008
  * Compared with 6.99% for fourth quarter 2007
 
 Net interest margin of 2.86% for fourth quarter 2008
  * Compared with 3.22% for third quarter 2008
  * Compared with 3.42% for fourth quarter 2007
 
 Allowance for loan losses of $64.4 million or 2.59% of loans at
 December 31, 2008
  * Compared with $41.8 million or 1.70% at September 30, 2008
  * Compared with $27.3 million or 1.18% at December 31, 2007
  * Equaled 42.7% of non-performing loans at December 31, 2008,
    compared with 49.0% at September 30, 2008 and 120.3% at December
    31, 2007
 
 Non-performing loans of $150.9 million or 6.06% of loans at December
 31, 2008
  * Compared with $85.2 million or 3.46% of loans at September 30,
    2008
  * Compared with $22.7 million or 0.98% at December 31, 2007
 
 Annualized net charge-off rate of 2.48% for fourth quarter 2008
  * Compared with 1.31% for third quarter 2008
  * Compared with 0.25% for fourth quarter 2007

 INTEGRA BANK CORPORATION
 UNAUDITED CONSOLIDATED BALANCE SHEETS
 (In thousands, except share data)

                                            December 31,  December 31,               
 ASSETS                                        2008          2007                    
 ---------------------------------------------------------------------
 Cash and due from banks                    $    62,354   $    72,360
 Federal funds sold and other short-term
  investments                                       419         3,630
 Loans held for sale (at lower of cost or
  market value)                                   5,776         5,928
 Securities available for sale                  561,739       582,954
 Securities held for trading                         --        53,782
 Regulatory stock                                29,155        29,179
 Loans:
 Commercial loans                             1,850,043     1,604,785
 Consumer loans                                 432,183       423,481
 Mortgage loans                                 208,017       283,112
 Less:  Allowance for loan losses               (64,437)      (27,261)
 ---------------------------------------------------------------------
 Net loans                                    2,425,806     2,284,117
 Premises and equipment                          48,500        50,552
 Goodwill                                            --       123,050
 Other intangible assets                          9,928        11,652
 Other assets                                   213,423       132,922
 ---------------------------------------------------------------------
 TOTAL ASSETS                               $ 3,357,100   $ 3,350,126
 =====================================================================

 LIABILITIES
 Deposits:
 Non-interest-bearing demand                $   284,032   $   265,554
 Savings & interest checking                    600,374       516,925
 Money market                                   301,411       401,098
 Certificates of deposit and other time
  deposits                                    1,154,375     1,156,560
 ---------------------------------------------------------------------
 Total deposits                               2,340,192     2,340,137
 Short-term borrowings                          415,006       272,270
 Long-term borrowings                           360,917       376,707
 Other liabilities                               36,194        33,208
 ---------------------------------------------------------------------
 TOTAL LIABILITIES                            3,152,309     3,022,322

 SHAREHOLDERS' EQUITY
 Preferred stock - 1,000 shares authorized -
  None outstanding
 Common stock - $1.00 stated value - 29,000
  shares authorized                              20,749        20,650
 Additional paid-in capital                     208,732       206,991
 Retained earnings                              (15,754)      104,913
 Accumulated other comprehensive income
  (loss)                                         (8,936)       (4,750)

 ---------------------------------------------------------------------
 TOTAL SHAREHOLDERS' EQUITY                     204,791       327,804
 ---------------------------------------------------------------------
 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,357,100   $ 3,350,126
 =====================================================================

 INTEGRA BANK CORPORATION
 UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
 (In thousands, except for per share data)

                                Three Months Ended 
                 Dec. 31,  Sept. 30,   June 30,   March 31,   Dec. 31,
                  2008       2008       2008        2008        2007 
 ---------------------------------------------------------------------
 INTEREST INCOME
 Interest and 
  fees on
  loans and 
  leases        $  33,235  $  35,201  $  35,777  $  38,782  $  43,217
 Interest and
  dividends on
  securities
  available for 
  sale              6,811      6,605      6,909      7,267      7,313
 Interest on
  securities 
  held for
  trading              --         --         45        525        364
 Dividends on
  regulatory 
  stock               103        385        409        376        345
 Interest on 
  loans held 
  for sale             85         88         90        103         85
 Interest on 
  federal funds 
  sold and
  other 
  investments          10         26         30         38         60
 ---------------------------------------------------------------------
 Total interest
  income           40,244     42,305     43,260     47,091     51,384

 INTEREST 
  EXPENSE
 Interest on 
  deposits         13,532     12,888     12,851     16,392     19,251
 Interest on 
  short-term 
  borrowings        1,447      1,995      1,955      2,166      2,501
 Interest on 
  long-term 
  borrowings        3,828      3,562      3,288      5,015      4,977
 ---------------------------------------------------------------------
 Total interest
  expense          18,807     18,445     18,094     23,573     26,729
 ---------------------------------------------------------------------
 NET INTEREST 
  INCOME           21,437     23,860     25,166     23,518     24,655
 Provision for 
  loan losses      38,169     17,978      6,003      3,634      2,280
 ---------------------------------------------------------------------
 Net interest 
  income after 
  provision for
  loan losses     (16,732)     5,882     19,163     19,884     22,375

 NON-INTEREST 
  INCOME
 ---------------------------------------------------------------------
 Service 
  charges on
  deposit 
  accounts          5,436      5,884      5,059      4,699      5,283
 Trust income         470        573        554        559        587
 Debit card 
  income-
  interchange       1,281      1,358      1,376      1,243      1,284
 Other service
  charges and 
  fees              1,142      1,103      1,315      1,579      1,039
 Securities 
  gains
  (losses)         (4,309)        13     (6,299)        24     (2,718)
 Gain (Loss) on 
  sale of other 
  assets               (3)       (47)       (12)        --         48
 Other              1,742      1,300      1,019      2,630      2,015
 ---------------------------------------------------------------------
 Total non-
  interest
  income            5,759     10,184      3,012     10,734      7,538

 NON-INTEREST 
  EXPENSE
 ---------------------------------------------------------------------
 Salaries and
  employee 
  benefits         11,442     12,125     12,446     12,394     12,104
 Occupancy          2,657      2,621      2,541      2,560      2,461
 Equipment            875        974        955        928        965
 Professional 
  fees              1,816      1,390      1,317      1,218      1,743
 Communication 
  and
  transportation    1,248      1,223      1,371      1,222      1,232
 Goodwill 
  impairment       74,824     48,000         --         --         --
 Other              6,706      5,854      5,547      5,799      4,866
 ---------------------------------------------------------------------
 Total non-
  interest
  expense          99,568     72,187     24,177     24,121     23,371
 ---------------------------------------------------------------------
 Income (Loss) 
  before
  income taxes   (110,541)   (56,121)    (2,002)     6,497      6,542
 Income taxes 
  expense
  (benefit)       (28,919)   (22,794)    (1,103)     1,524        727
 ---------------------------------------------------------------------
 NET INCOME 
  (LOSS)        $ (81,622) $ (33,327) $    (899) $   4,973  $   5,815
 ---------------------------------------------------------------------

 Earnings (Loss) 
  per share:
    Basic       $   (3.97) $   (1.62) $   (0.04) $    0.24  $    0.28
    Diluted         (3.97)     (1.62)     (0.04)      0.24       0.28

 Weighted 
  average shares 
  outstanding:
    Basic          20,569     20,567     20,554     20,537     20,535
    Diluted        20,569     20,567     20,554     20,544     20,542


 INTEGRA BANK CORPORATION
 UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
 (In thousands, except for per share data)

                            Three Months Ended    Twelve Months Ended
                               December 31,           December 31,
                           ------------------------------------------
                              2008       2007       2008       2007
 --------------------------------------------------------------------
 INTEREST INCOME
 Interest and fees on
  loans and leases         $  33,235  $  43,217  $ 142,995  $ 160,419
 Interest and dividends on
  securities available
  for sale                     6,811      7,313     27,592     29,391
 Interest on securities
  held for trading                --        364        570        364
 Dividends on regulatory
  stock                          103        345      1,273      1,286
 Interest on loans held for
  sale                            85         85        366        235
 Interest on federal funds
  sold and other investments      10         60        104        225
 --------------------------------------------------------------------
 Total interest income        40,244     51,384    172,900    191,920

 INTEREST EXPENSE
 Interest on deposits         13,532     19,251     55,663     73,742
 Interest on short-term
  borrowings                   1,447      2,501      7,563      9,431
 Interest on long-term
  borrowings                   3,828      4,977     15,693     15,498
 --------------------------------------------------------------------
 Total interest expense       18,807     26,729     78,919     98,671
 --------------------------------------------------------------------
 NET INTEREST INCOME          21,437     24,655     93,981     93,249
 Provision for loan losses    38,169      2,280     65,784      4,193
 --------------------------------------------------------------------
 Net interest income after
  provision for loan losses  (16,732)    22,375     28,197     89,056

 NON-INTEREST INCOME
 --------------------------------------------------------------------
 Service charges on
  deposit accounts             5,436      5,283     21,078     20,317
 Trust income                    470        587      2,156      2,391
 Debit card
  income-interchange           1,281      1,284      5,258      4,379
 Other service charges and
  fees                         1,142      1,039      5,139      4,662
 Securities gains (losses)    (4,309)    (2,718)   (10,571)    (2,277)
 Gain (Loss) on sale of
  other assets                    (3)        48        (62)       642
 Other                         1,742      2,015      6,691      6,957
 --------------------------------------------------------------------
 Total non-interest income     5,759      7,538     29,689     37,071

 NON-INTEREST EXPENSE
 --------------------------------------------------------------------
 Salaries and employee
  benefits                    11,442     12,104     48,407     45,881
 Occupancy                     2,657      2,461     10,379      9,430
 Equipment                       875        965      3,732      3,443
 Professional fees             1,816      1,743      5,741      5,520
 Communication and
  transportation               1,248      1,232      5,064      4,522
 Goodwill impairment          74,824         --    122,824         --
 Other                         6,706      4,866     23,906     18,854
 --------------------------------------------------------------------
 Total non-interest expense   99,568     23,371    220,053     87,650
 --------------------------------------------------------------------
 Income (Loss) before
  income taxes              (110,541)     6,542   (162,167)    38,477
 Income taxes expense
  (benefit)                  (28,919)       727    (51,292)     7,767
 --------------------------------------------------------------------
 NET INCOME (LOSS)         $ (81,622) $   5,815  $(110,875) $  30,710
 --------------------------------------------------------------------

 Earnings (Loss) per share:
    Basic                  $   (3.97) $    0.28  $   (5.39) $    1.55
    Diluted                    (3.97)      0.28      (5.39)      1.55

 Weighted average shares
  outstanding:
    Basic                     20,569     20,535     20,557     19,778
    Diluted                   20,569     20,542     20,557     19,812


 INTEGRA BANK CORPORATION
 SUMMARY OF SELECTED CONSOLIDATED FINANCIAL DATA
 (In thousands, except for per share data)

                 Dec. 31,   Sept. 30,  June 30,   March 31,  Dec. 31,
                   2008       2008       2008       2008       2007
                ---------- ---------- ---------- ---------- ----------

 EARNINGS DATA
   Net Interest
    Income (tax-
    equivalent) $   22,111 $   24,513 $   25,821 $   24,268 $   25,436
   Net Income
    (Loss)         (81,622)   (33,327)      (899)     4,973      5,815
   Basic Earnings
    Per Share        (3.97)     (1.62)     (0.04)      0.24       0.28
   Diluted
    Earnings
    Per Share        (3.97)     (1.62)     (0.04)      0.24       0.28
   Dividends
    Declared          0.01       0.01       0.18       0.18       0.18
   Book Value         9.87      13.33      15.39      16.03      15.87
   Tangible Book
    Value             9.39       9.22       8.95       9.54       9.35

 PERFORMANCE
  RATIOS
   Return on
    Assets           (9.57)%    (3.93)%    (0.11)%     0.59%      0.69%
   Return on
    Equity         (119.82)    (41.36)     (1.09)      6.01       6.99
   Net Interest
    Margin (tax-
    equivalent)       2.86       3.22       3.43       3.23       3.42
   Tier 1 Risk-
    Based
    Capital           7.68       9.05       9.13       9.37       9.34
   Total Risk-
    Based Capital     9.75      11.03      11.13      11.51      11.52
   Tangible
    Equity to
    Tangible
    Assets            5.82       5.85       5.69       6.03       6.01
   Efficiency
    Ratio            75.55      68.49      67.59      67.73      64.20

 AT PERIOD END
   Assets       $3,357,100 $3,356,842 $3,401,210 $3,400,610 $3,350,126
   Interest-
    Earning
    Assets       3,087,332  3,026,227  3,019,211  3,013,161  2,986,851
   Commercial
    Loans        1,850,043  1,808,343  1,744,943  1,660,472  1,604,785
   Consumer
    Loans          432,183    431,106    427,952    419,577    423,481
   Mortgage
    Loans          208,017    221,361    237,102    260,701    283,112
     Total Loans 2,490,243  2,460,810  2,409,997  2,340,750  2,311,378
   Deposits      2,340,192  2,385,794  2,323,648  2,308,123  2,340,137
   Low Cost
    Deposits(1)    884,406    834,853    868,402    851,786    782,479
   Interest-
    Bearing
    Liabilities  2,832,083  2,773,566  2,749,603  2,739,957  2,723,560
   Shareholders'
    Equity         204,791    276,588    319,464    331,150    327,804
   Unrealized
    Gains
    (Losses)
    on Market
     Securities
      (FASB 115)    (8,509)   (17,515)    (7,737)      (334)    (3,600)

 AVERAGE
  BALANCES
   Assets       $3,393,237 $3,377,261 $3,371,944 $3,373,865 $3,320,443
   Interest-
    Earning
    Assets(2)    3,087,179  3,038,943  3,022,425  3,017,241  2,964,101
   Commercial
    Loans        1,836,979  1,776,275  1,704,492  1,640,194  1,576,840
   Consumer
    Loans          432,380    429,042    422,804    420,365    423,197
   Mortgage
    Loans          215,343    228,747    250,449    272,500    295,186
     Total Loans 2,484,702  2,434,064  2,377,745  2,333,059  2,295,223
   Deposits      2,410,344  2,345,027  2,307,609  2,328,697  2,375,759
   Low Cost
    Deposits(1)    858,521    850,095    850,448    808,935    780,531
   Interest-
    Bearing
    Liabilities  2,806,089  2,746,792  2,728,433  2,734,006  2,683,304
   Shareholders'
    Equity         270,998    320,522    330,587    333,085    330,136
   Basic Shares     20,569     20,567     20,554     20,537     20,535
   Diluted Shares   20,569     20,567     20,554     20,544     20,542

 (1) Defined as interest checking, demand deposit and savings accounts.
 (2) Includes securities available for sale and held for trading at
     amortized cost.


 INTEGRA BANK CORPORATION
 SUMMARY OF SELECTED CONSOLIDATED FINANCIAL DATA-con't
 (In thousands, except ratios and yields)

                  Dec. 31,  Sept. 30,   June 30,  March 31,   Dec. 31,
                    2008       2008       2008       2008       2007
                 ---------  ---------  ---------  ---------  ---------

 ASSET QUALITY

 Non-Performing
  Assets:
   Non Accrual
    Loans        $ 150,002  $  79,672  $  50,162  $  27,517  $  18,549
   Loans 90+ Days
    Past Due           897      5,514        312      2,544      4,118
                 ---------  ---------  ---------  ---------  ---------
   Non-Performing
    Loans          150,899     85,186     50,474     30,061     22,667
   Other Real
    Estate Owned    19,396      7,252      5,940      3,267      2,923
                 ---------  ---------  ---------  ---------  ---------
   Non-Performing
    Assets       $ 170,295  $  92,438  $  56,414  $  33,328  $  25,590
                 =========  =========  =========  =========  =========

 Allowance for
  Loan Losses:
   Beginning
    Balance      $  41,766  $  31,780  $  28,590  $  27,261  $  26,401
   Provision for
    Loan Losses     38,169     17,978      6,003      3,634      2,280
   Recoveries          377        464        315        448        236
   Loans Charged
    Off            (15,875)    (8,456)    (3,128)    (2,753)    (1,656)
                 ---------  ---------  ---------  ---------  ---------
   Ending
    Balance      $  64,437  $  41,766  $  31,780  $  28,590  $  27,261
                 =========  =========  =========  =========  =========

 Ratios:
   Allowance
    for Loan
    Losses to
    Loans             2.59%      1.70%      1.32%      1.22%      1.18%
   Allowance
    for Loan
    Losses to
    Average Loans     2.59       1.72       1.34       1.23       1.19
   Allowance to
    Non-performing
    Loans            42.70      49.03      62.96      95.11     120.27
   Non-performing
    Loans to Loans    6.06       3.46       2.09       1.28       0.98
   Non-performing
    Assets to
    Loans and
    Other Real
    Estate Owned      6.79       3.75       2.34       1.42       1.11
   Net Charge-Off
    Ratio             2.48       1.31       0.48       0.40       0.25

 NET INTEREST
  MARGIN

 Yields
  (tax-equivalent)
   Loans              5.28%      5.70%      5.99%      6.61%      7.41%
   Securities         5.21       5.12       5.01       5.28       5.34
   Regulatory
    Stock             1.42       5.27       5.61       5.15       4.73
   Other Earning
    Assets            5.74       3.25       3.89       4.93       5.59
                 ---------  ---------  ---------  ---------  ---------
     Total
      Earning
      Assets          5.28       5.63       5.84       6.37       7.00

 Cost of Funds
 Interest Bearing
  Deposits            2.53       2.49       2.56       3.21       3.63
 Other Interest
  Bearing
  Liabilities         3.04       3.18       2.95       4.19       5.06
     Total
      Interest
      Bearing
      Liabilities     2.67       2.67       2.67       3.47       3.95
                 ---------  ---------  ---------  ---------  ---------
     Total
      Interest
      Expense to
      Earning
      Assets          2.42       2.41       2.41       3.14       3.58
                 ---------  ---------  ---------  ---------  ---------
 Net Interest
  Margin              2.86%      3.22%      3.43%      3.23%      3.42%
                 =========  =========  =========  =========  =========

CONTACT:  Integra Bank Corporation
          Mike Vea, Chairman, President and CEO
            812-464-9604
          Martin Zorn, EVP-Chief Operating Officer and
           Chief Financial Officer
            812-461-5794
          Gretchen Dunn, Shareholder Relations
            812-464-9677
          http://www.integrabank.com