##### Table of Contents



UNITED STATES SECURITIES AND
    EXCHANGE COMMISSIONWashington, D.C.
    20549
  Form 10-K
  þ

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)  OF THE
    SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended
    December 31, 2005ORo

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934For the transition period
    from          to   Commission file number 0-13585
  INTEGRA BANK
    CORPORATION
 (Exact name of registrant as
    specified in its charter)
  Indiana

35-1632155(State or other jurisdiction
    of
    incorporation or organization)

(I.R.S. Employer
    Identification number)21 S.E. Third Street, P.O.
    Box 868,
    Evansville, IN(Address of principal
    executive offices)

47705-0868(Zip Code)   Registrants telephone number, including area code:
 812-464-9677
  Securities registered pursuant to Section 12(b) of the
    Act:
 NONE
  Securities registered pursuant to Section 12(g) of the
    Act:
 COMMON STOCK, $1.00 STATED VALUE
 (Title of Class)
  o þ
  o þ
  þ o
  Regulation S-K Form 10-K Form 10-K. o
  Rule 12b-2
 o þ o
  Rule 12b-2 o þ
      DOCUMENTS
    INCORPORATED BY REFERENCE




---



##### 



INTEGRA
    BANK CORPORATION
  2005
    FORM 10-K
    ANNUAL REPORT
   Table of Contents
  PageNumberPART IItem 1.

Business


3Item 1A.

Risk Factors


8Item 1B.

Unresolved Staff
    Comments


12Item 2.

Properties


12Item 3.

Legal
    Proceedings


12Item 4.

Submission of
    Matters to a Vote of Security Holders


13PART IIItem 5.

Market for
    Registrants Common Equity, Related Stockholder Matters and
    Issuer Purchases of Equity Securities


13Item 6.

Selected Financial
    Data


14Item 7.

Managements
    Discussion and Analysis of Financial Condition and Results of
    Operation


15Item 7A.

Quantitative and
    Qualitative Disclosures About Market Risk


38Item 8.

Financial
    Statements and Supplementary Data


40Item 9.

Changes in and
    Disagreements With Accountants on Accounting and Financial
    Disclosure


78Item 9A.

Controls and
    Procedures


78Item 9B.

Other
    Information


78PART IIIItem 10.

Directors and
    Executive Officers of the Registrant


78Item 11.

Executive
    Compensation


78Item 12.

Security Ownership
    of Certain Beneficial Owners and Management and Related
    Stockholder Matters


78Item 13.

Certain
    Relationships and Related Transactions


78Item 14.

Principal
    Accountant Fees and Services


79PART IVItem 15.

Exhibits and
    Financial Statement Schedules


79Signatures


80Summary Sheet of 2006 CompensationEmployment AgreementSubsidiaries of the RegistrantConsent of PricewaterhouseCoopers LLP302 Certification of Chief Executive Officer302 Certification of Chief Financial OfficerSection 906 Certification   2




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##### Table of Contents



FORM 10-K
   INTEGRA BANK CORPORATION
    December 31, 2005
 PART I  ITEM 1.
    BUSINESS  General
  and/or
        COMPETITION
      FOREIGN
    OPERATIONS
   3




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##### Table of Contents



REGULATION AND
    SUPERVISION
  General
        Acquisitions
    and Changes in Control
      Dividends
    and Other Relationships with Affiliates
   4




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##### Table of Contents



Regulatory
    Capital Requirements
      Deposit
    Insurance
      Community
    Reinvestment Act
    Gramm-Leach-Bliley
    Act
   5




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##### Table of Contents



USA
    Patriot Act of 2001
    non-U.S. persons;
  Sarbanes-Oxley
    Act of 2002
    Form 10-K,
 6




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##### Table of Contents



Additional
    Regulation, Government Policies, and Legislation
  Truth-in-Lending Truth-in-Savings
      STATISTICAL
    DISCLOSURE
    AVAILABLE
    INFORMATION
  Form 10-K, Form 10-Q, Form 8-K Form 10-K.
  47705-0868:
 7




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##### Table of Contents



EXECUTIVE
    OFFICERS OF THE COMPANY
    Name

Age

Office and Business
    ExperienceMichael T. Vea


47


Chairman of the Board, President,
    and Chief Executive Officer of the Company (January 2000 to
    present); Chairman of the Board and Chief Executive Officer of
    the Company (September 1999 to January 2000); President and
    Chief Executive Officer, Bank One, Cincinnati, OH (1995-1999).Archie M. Brown


45


Executive Vice President,
    Commercial and Consumer Banking  of the Company (October 2003 to
    present); Executive Vice President, Retail Manager and Community
    Markets Manager of the Company (March 2001 to October 2003);
    Senior Vice President, Firstar Bank, N.A. (1997 to 2001).Martin M. Zorn


49


Executive Vice-President, Chief
    Risk Officer (March 2002 to present); Executive Vice-President,
    Commercial and Metro Markets Manager (March 2001 to March 2002);
    Regional Vice-President and Region Executive, Wachovia
    Corporation (1999 to 2001); Senior Vice President, Regional
    Corporate Banking Manager, Wachovia Corporation (1980 to 1999).Michael B. Carroll


44


Senior Vice President and
    Controller of the Company (December 2005 to present); Senior
    Vice President and Risk Manager of the Company (May 2002 to
    December 2005); Vice President  Risk Manager,
    United Fidelity Bank (2001 to 2002), Certified Public
    Accountant, Olive LLP, (1988 to 2001).     ITEM 1A.
    RISK
    FACTORS      RISKS
    RELATED TO OUR BUSINESS
  We Are
    Subject To Interest Rate Risk
   8




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We Are
    Subject To Lending Risk
  and/or
    Our
    Allowance For Possible Loan Losses May Be
    Insufficient
   9




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##### Table of Contents



Our
    Profitability Depends Significantly On Economic Conditions In
    The States of Indiana, Illinois, Kentucky, and
    Ohio
    We
    Operate In A Highly Competitive Industry and Market
    Area
                    We Are
    Subject To Extensive Government Regulation and
    Supervision
  and/or
 10




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and/or
  Our
    Controls and Procedures May Fail or Be
    Circumvented
    The
    Parent Company Relies On Dividends From Integra Bank For Most Of
    Its Revenue
  and/or
  Potential
    Acquisitions May Disrupt Our Business and Dilute Stockholder
    Value
    
    Potential exposure to unknown or contingent liabilities of the
    target company.
    Exposure to potential asset quality issues of the target company.
    Difficulty and expense of integrating the operations and
    personnel of the target company.
    Potential disruption to our business.
    Potential diversion of our managements time and attention.
    The possible loss of key employees and customers of the target
    company.
    Difficulty in estimating the value of the target company.  and/or
 11




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We May
    Not Be Able To Attract and Retain Skilled People
    Our
    Information Systems May Experience An Interruption Or Breach In
    Security
    We
    Continually Encounter Technological Change
    ITEM 1B.
    UNRESOLVED
    STAFF COMMENTS    ITEM 2.
    PROPERTIES    ITEM 3.
    LEGAL
    PROCEEDINGS  mark-to-market mark-to-market
 12




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##### Table of Contents



ITEM 4.
    SUBMISSION
    OF MATTERS TO A VOTE OF SECURITY HOLDERS   PART II  ITEM 5.
    MARKET
    FOR REGISTRANTS COMMON EQUITY, RELATED SHAREHOLDER MATTERS
    AND ISSUER PURCHASES OF EQUITY SECURITIES      Range of Stock Price


DividendsQuarter

High


Low


Declared20051st

$
23.46


$
20.42


$
0.1602nd


23.15



19.77



0.1603rd


23.60



20.70



0.1604th


22.48



19.47



0.16020041st

$
24.40


$
21.43


$
0.2352nd


24.50



19.70



0.1603rd


22.72



19.25



0.1604th


23.97



21.49



0.160        13




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##### Table of Contents



ITEM 6.
    SELECTED
    FINANCIAL DATA  Integra
    Bank Corporation and Subsidiaries
  Year Ended December
    31,

2005


2004


2003


2002


2001(In thousands, except per share
    data and ratios)Net interest income

$
82,621


$
84,467


$
72,242


$
73,845


$
82,080Provision for loan losses


5,764



1,305



4,945



3,143



31,077Non-interest income


35,878



33,607



32,793



36,281



33,202Non-interest expense


77,557



138,180



82,267



82,877



78,303Income (Loss) before income taxes
    and cumulative effect of accounting change


35,178



(21,411
)


17,823



24,106



5,902Income taxes (benefit)


7,879



(14,791
)


58



3,778



(1,629
)Income (Loss) before cumulative
    effect of accounting change


27,299



(6,620
)


17,765



20,328



7,531Cumulative effect of accounting
    change, net of tax


















(273
)Net income (loss)

$
27,299


$
(6,620
)

$
17,765


$
20,328


$
7,258PER COMMON SHARENet income (loss):Basic

$
1.57


$
(0.38
)

$
1.03


$
1.18


$
0.42Diluted


1.56



(0.38
)


1.03



1.18



0.42Cash dividends declared


0.64



0.72



0.94



0.94



0.94Book value


12.60



12.05



13.46



13.45



12.79Weighted average shares:Basic


17,382



17,318



17,285



17,276



17,200Diluted


17,468



17,318



17,300



17,283



17,221AT YEAR-ENDTotal assets

$
2,708,142


$
2,757,165


$
2,958,294


$
2,857,738


$
3,035,890Securities


681,030



801,059



974,111



949,500



975,799Loans, net of unearned income


1,750,192



1,665,324



1,699,688



1,606,155



1,599,732Deposits


1,808,503



1,896,541



1,812,630



1,781,948



1,928,412Shareholders equity


220,098



209,291



232,992



232,600



221,097Shares outstanding


17,465



17,375



17,311



17,291



17,284AVERAGE BALANCESTotal assets

$
2,746,425


$
2,758,924


$
2,949,016


$
2,906,846


$
3,266,322Securities, at amortized cost


757,694



810,716



967,327



934,586



923,213Loans, net of unearned income


1,688,547



1,644,471



1,670,938



1,596,462



1,747,882Interest-bearing deposits


1,618,027



1,613,000



1,606,116



1,614,167



1,894,300Shareholders equity


216,278



210,280



234,948



230,298



241,252FINANCIAL RATIOSReturn on average assets


0.99
%


(0.24
)%


0.60
%


0.70
%


0.22
%Return on average equity


12.62



(3.15
)


7.56



8.83



3.01Net interest margin


3.44



3.52



2.87



2.96



2.85Cash dividends payout


40.82



N/M
*


91.26



79.66



223.81Average shareholders equity
    to average assets


7.87



7.62



7.97



7.92



7.39     *
    
    Number is not meaningful. 14




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##### Table of Contents



ITEM 7.
    MANAGEMENTS
    DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
    OPERATION  INTRODUCTION
      OVERVIEW
  (2004-2006)
                               15




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##### Table of Contents



year-to-year
              CRITICAL
    ACCOUNTING POLICIES
    Allowance for Loan Losses:
   16




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##### Table of Contents



Estimation of Market Value:
    fair-value-based
      Income Taxes:
 17




---



##### Table of Contents



FINANCIAL
    OVERVIEW
    NET
    INTEREST INCOME
   18




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##### Table of Contents



AVERAGE
    BALANCE SHEET AND ANALYSIS OF NET INTEREST INCOME
  2005


2004


2003Average


Interest


Yield/


Average


Interest


Yield/


Average


Interest


Yield/Year Ended
    December 31,

Balances


& Fees


Cost


Balances


& Fees


Cost


Balances


& Fees


CostEARNING ASSETS:Interest-bearing deposits in banks

$
99


$
6



6.06
%

$
268


$
2



0.75
%

$
351


$
3



0.85
%Federal funds sold & other
    short-term investments


3,423



118



3.45
%


6,070



83



1.37
%


5,127



57



1.11
%Loans held for sale


5,698



355



6.23
%


2,760



179



6.49
%


7,314



451



6.17
%Securities:Taxable


641,755



27,519



4.29
%


696,549



29,221



4.20
%


799,931



31,388



3.92
%Tax-exempt


115,939



9,170



7.91
%


114,167



9,134



8.00
%


165,788



13,025



7.86
%Total securities


757,694



36,689



4.84
%


810,716



38,355



4.73
%


965,719



44,413



4.60
%Regulatory Stock


33,052



1,528



4.62
%


32,981



1,518



4.60
%


34,476



1,696



4.92
%Loans


1,688,547



104,455



6.19
%


1,644,471



95,565



5.81
%


1,670,938



101,300



6.06
%Total earning assets


2,488,513


$
143,151



5.75
%


2,497,266


$
135,702



5.44
%


2,683,925


$
147,920



5.51
%Fair value adjustment on securities
    available for sale


(2,838
)










4,671











15,701Allowance for loan loss


(24,123
)










(25,154
)










(24,967
)Other non-earning assets


284,873











282,141











274,357TOTAL ASSETS

$
2,746,425










$
2,758,924










$
2,949,016INTEREST-BEARING LIABILITIES:DepositsSavings and interest-bearing demand

$
547,148


$
3,768



0.69
%

$
561,117


$
2,650



0.47
%

$
539,234


$
3,370



0.62
%Money market accounts


234,798



5,687



2.42
%


220,465



3,207



1.45
%


198,707



3,379



1.70
%Certificates of deposit and other
    time


836,081



25,569



3.06
%


831,418



19,895



2.39
%


868,175



23,246



2.68
%Total interest-bearing deposits


1,618,027



35,024



2.16
%


1,613,000



25,752



1.60
%


1,606,116



29,995



1.87
%Short-term borrowings


324,506



10,430



3.21
%


170,295



2,207



1.30
%


221,522



2,613



1.18
%Long-term borrowings


312,977



12,104



3.87
%


500,673



19,945



3.98
%


652,967



38,265



5.86
%Total interest-bearing liabilities


2,255,510


$
57,558



2.55
%


2,283,968


$
47,904



2.10
%


2,480,605


$
70,873



2.86
%Non-interest bearing deposits


252,358











245,538











218,022Other noninterest-bearing
    liabilities and shareholders equity


238,557











229,418











250,389TOTAL LIABILITIES AND
    SHAREHOLDERS EQUITY

$
2,746,425










$
2,758,924










$
2,949,016Interest income/earning assets





$
143,151



5.75
%





$
135,702



5.44
%





$
147,920



5.51
%Interest expense/earning assets






57,558



2.31
%






47,904



1.92
%






70,873



2.64
%Net interest income/earning assets





$
85,593



3.44
%





$
87,798



3.52
%





$
77,047



2.87
%   Note:
    Tax exempt income presented on a tax equivalent basis based on a
    35% federal tax rate. 19




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##### Table of Contents



CHANGES
    IN NET INTEREST INCOME (INTEREST ON A FEDERAL-TAX-EQUIVALENT
    BASIS)
  2005 Compared to 2004


2004 Compared to 2003Change Due to





Change Due toa Change in


Total


a Change in


TotalIncrease (decrease)

Volume


Rate


Change


Volume


Rate


ChangeInterest incomeLoans

$
2,584


$
6,306


$
8,890


$
(1,592
)

$
(4,143
)

$
(5,735
)Securities


(2,545
)


879



(1,666
)


(7,285
)


1,225



(6,060
)Regulatory Stock


3



7



10



(72
)


(106
)


(178
)Loans held for sale


183



(7
)


176



(294
)


23



(271
)Other short-term investments


(51
)


90



39



10



16



26Total interest income


174



7,275



7,449



(9,233
)


(2,985
)


(12,218
)Interest expenseDeposits


81



9,191



9,272



128



(4,371
)


(4,243
)Short-term borrowings


3,136



5,087



8,223



(651
)


245



(406
)Long-term borrowings


(7,302
)


(539
)


(7,841
)


(7,712
)


(10,608
)


(18,320
)Total interest expense


(4,085
)


13,739



9,654



(8,235
)


(14,734
)


(22,969
)Net interest income

$
4,259


$
(6,464
)

$
(2,205
)

$
(998
)

$
11,749


$
10,751            20




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21




---



##### Table of Contents



NON-INTEREST
    INCOME
              other-than-temporary
     22




---



##### Table of Contents



NON-INTEREST
    EXPENSE
           23




---



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24




---



##### Table of Contents



INCOME
    TAXES
      INTERIM
    FINANCIAL DATA
    2005Three Months Ended

December 31


September 30


June 30


March 31Interest income

$
36,566


$
35,417


$
34,700


$
33,496Interest expense


16,130



15,089



13,904



12,435Net interest income


20,436



20,328



20,796



21,061Provision for loan losses


515



558



4,316



375Non-interest income


8,278



7,945



13,111



6,544Non-interest expense


18,729



19,524



20,075



19,229Income before income taxes


9,470



8,191



9,516



8,001Income taxes


2,616



1,585



2,066



1,612NET INCOME

$
6,854


$
6,606


$
7,450


$
6,389Earnings per share:Basic

$
0.39


$
0.38


$
0.43


$
0.37Diluted


0.39



0.38



0.43



0.37Average shares:Basic


17,418



17,400



17,365



17,343Diluted


17,480



17,504



17,440



17,414   25




---



##### Table of Contents



2004Three Months Ended

December 31


September 30


June 30


March 31Interest income

$
33,572


$
32,881


$
31,727


$
34,191Interest expense


11,420



10,752



10,158



15,574Net interest income


22,152



22,129



21,569



18,617Provision for loan losses


350



150



155



650Non-interest income


6,975



7,099



7,516



12,017Non-interest expense


19,756



20,289



20,570



77,565Income (loss)before income taxes


9,021



8,789



8,360



(47,581
)Income taxes (benefits)


1,942



1,905



1,705



(20,343
)NET INCOME (LOSS)

$
7,079


$
6,884


$
6,655


$
(27,238
)Earnings per share:Basic

$
0.41


$
0.40


$
0.38


$
(1.57
)Diluted


0.41



0.40



0.38



(1.57
)Average shares:Basic


17,337



17,328



17,312



17,297Diluted


17,437



17,378



17,368



17,297   FINANCIAL
    CONDITION
    CASH AND
    CASH EQUIVALENTS
    SECURITIES
    AVAILABLE FOR SALE
     26




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##### Table of Contents



SECURITIES
    PORTFOLIO
  December 31,( At Fair Value)

2005


2004


2003U.S. Government agencies

$
1,119


$
1,095


$
40,977Mortgage-backed securities


166,504



230,685



285,997Collateralized Mortgage Obligations


362,313



407,126



464,562State & political
    subdivisions


85,254



97,813



117,078Other securities


65,840



64,340



65,497Total

$
681,030


$
801,059


$
974,111   REGULATORY
    STOCK
    LOANS
         27




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##### Table of Contents



LOAN
    PORTFOLIO AT YEAR END(1)
  2005


2004


2003


2002


2001Commercial, industrial and
    agricultural loans

$
572,936


$
563,382


$
586,159


$
644,084


$
326,549Economic development loans and
    other obligations of state and political subdivisions


8,422



13,195



20,951



18,360



19,980Lease financing


5,740



5,731



6,796



7,366



8,004Commercial real estate


180,907



224,066



238,261



172,640



Construction and development


186,177



72,517



53,108



36,981



Real estate loans


















1,118,607Residential mortgages


447,250



456,007



477,895



451,920



Home equity lines of credit


135,685



143,037



132,101



126,257



Consumer loans


213,079



187,395



184,426



148,580



126,735Total loans


1,750,196



1,665,330



1,699,697



1,606,188



1,599,875Less: unearned income


4



6



9



33



143Loans, net of unearned income

$
1,750,192


$
1,665,324


$
1,699,688


$
1,606,155


$
1,599,732     (1)
    
    In 2003, the Company changed its methodology for classifying the
    types of loans in its portfolio. The principal effect of this
    change was to reduce the number of loans reported prior to 2002
    as real estate or real estate mortgage loans. The Company
    determined that it was not practical to apply the new
    methodology to earlier years. As a result, information for 2001
    is shown as previously reported and is not comparable to the
    information for
    2002-2005.
    Comparable amounts that would be included in the real estate
    loans line for 2005, 2004, 2003 and 2002 would be $1,206,847,
    $1,139,620, $1,136,431 and $1,113,404, respectively.     28




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##### Table of Contents



LOAN
    MATURITIES AND RATE SENSITIVITIES AT DECEMBER 31,
    2005
    After 1 YearWithin


But Within


OverRate Sensitivities:

1 Year


5 Years


5 Years


TotalFixed rate loans

$
52,920


$
333,652


$
321,214


$
707,786Variable rate loans


739,717



221,172



56,504



1,017,393Subtotal

$
792,637


$
554,824


$
377,718



1,725,179Percent of total


45.95
%


32.16
%


21.89
%Nonaccrual loans














25,013Total loans













$
1,750,192   LOAN
    MATURITIES AND RATE SENSITIVITIES AT DECEMBER 31,
    2005
    After 1 YearWithin


But Within


Over1 Year


5 Years


5 Years


TotalCommercial, industrial and
    agriculture loans

$
283,198


$
212,373


$
59,617


$
555,188Economic development loans and
    other obligations of state and political subdivisions


5,530



1,882



1,010



8,422Construction and development


180,427



5,353



388



186,168Total

$
469,155


$
219,608


$
61,015


$
749,778Fixed rate

$
27,048


$
186,881


$
55,764


$
269,693Variable rate


442,107



32,727



5,251



480,085Subtotal

$
469,155


$
219,608


$
61,015



749,778Percent of total


62.57
%


29.29
%


8.14
%Nonaccrual loans














17,757Total













$
767,535   NON-PERFORMING
    ASSETS
   29




---



##### Table of Contents



NON-PERFORMING
    ASSETS AT YEAR END
  2005


2004


2003


2002


2001Non-performing loans:(1)Nonaccrual

$
25,013


$
17,971


$
15,725


$
20,010


$
21,72290 days past due and still
    accruing interest


40



576



2,566



2,367



2,500Total non-performing loans


25,053



18,547



18,291



22,377



24,222Defaulted municipal securities










2,692



2,536



Other real estate owned


440



243



1,341



2,286



2,866Total non-performing assets

$
25,493


$
18,790


$
22,324


$
27,199


$
27,088     (1)
    
    Includes non-performing loans classified as loans held for sale.              CREDIT
    MANAGEMENT
  loan-to-value
   30




---



##### Table of Contents



Accounting by
    Creditors for Impairment of a Loan.
      Accounting for Contingencies
 31




---



##### Table of Contents



Accounting by Creditors for
    Impairment of a Loan
                 32




---



##### Table of Contents



SUMMARY
    OF LOAN LOSS EXPERIENCE (ANALYSIS OF THE ALLOWANCE FOR LOAN
    LOSSES)(1)
  2005


2004


2003


2002


2001Allowance for loan losses, January
    1

$
23,794


$
25,403


$
24,632


$
23,868


$
25,264Allowance associated with purchase
    acquisitions


















4,018Writedowns related to loans
    transferred to loans held for sale


















26,047Loans charged off:Commercial, industrial and
    agriculture


3,461



1,550



2,330



1,235



4,457Lease financing










59







113Commercial mortgages


620



859



840



492



Construction and development






13











Real estate mortgage


















4,452Residential mortgages


589



1,321



1,734



2,236



Home Equity


130



154



180



266



Consumer


1,818



961



1,367



1,480



2,934Total


6,618



4,858



6,510



5,709



11,956Recoveries on charged off loans:Commercial, industrial and
    agriculture


621



1,386



1,105



1,192



270Lease financing










119



4



2Commercial mortgages


32



242



86



138



Construction and development






24











Real estate mortgage


















371Residential mortgages


166



249



405



1,266



Home Equity


64



24



1



33



Consumer


569



394



620



697



869Total


1,452



2,319



2,336



3,330



1,512Net charge-offs


5,166



2,539



4,174



2,379



10,444Provision for loan losses


5,764



1,305



4,945



3,143



31,077Allowance related to loans sold






(299
)










Transfer to reserve for unfunded
    commitments






(76
)










Allowance for loan losses,
    December 31

$
24,392


$
23,794


$
25,403


$
24,632


$
23,868Total loans at year-end, net of
    unearned income

$
1,750,192


$
1,665,324


$
1,699,688


$
1,606,155


$
1,599,732Average loans


1,688,547



1,644,471



1,670,938



1,596,462



1,747,882Total non-performing loans


25,053



18,547



18,291



22,377



24,222Net charge-offs to average loans*


0.31
%


0.15
%


0.25
%


0.15
%


2.09
%Provision for loan losses to
    average loans


0.34



0.08



0.30



0.20



1.78Allowance for loan losses to loans


1.39



1.43



1.50



1.53



1.49Allowance for loan losses to
    non-performing loans


97.36



128.29



138.88



110.08



98.54     *
    
    2001 includes writedowns related to loans transferred to loans
    held for sale. Excluding this amount, net charge-offs to average
    loans was 0.60%. 33




---



##### Table of Contents



(1)
    
    In 2003, the Company changed its methodology for classifying the
    types of loans in its portfolio. As a result, information for
    the year 2001 is shown as previously reported and is not
    comparable to the information for 2005, 2004, 2003 and 2002.  ALLOCATION
    OF THE ALLOWANCE FOR LOAN LOSSES AT DECEMBER 31
  Allowance Applicable
    to


Percent of Loans to Total Gross
    LoansLoan Type

2005


2004


2003


2002


2001


2005


2004


2003


2002


2001Commercial, industrial and
    agriculture

$
11,713


$
10,326


$
12,789


$
13,421


$
6,845



49
%


48
%


57
%


61
%


21
%Economic development loans and
    other obligations of state and political subdivisions






86



135



117















1
%


1
%


Lease financing


56



63



105



129



140











1
%


1
%


1
%Commercial mortgages


2,173



3,127



3,130



2,198







9
%


15
%


14
%


10
%


Construction and development


1,904



763



344



280







8
%


4
%


2
%


1
%


Real estate mortgage


















9,993



















70
%Residential mortgages


4,105



3,622



1,845



2,347







17
%


17
%


8
%


10
%


Home equity


885



1,059



778



529







4
%


5
%


3
%


2
%


Consumer


3,246



2,291



3,095



3,046



2,405



13
%


11
%


14
%


14
%


8
%Allocated


24,082



21,337



22,221



22,067



19,383



100
%


100
%


100
%


100
%


100
%Unallocated


310



2,457



3,182



2,565



4,485Total

$
24,392


$
23,794


$
25,403


$
24,632


$
23,868     (1)
    
    In 2003, the Company changed its methodology for classifying the
    types of loans in its portfolio. As a result, information for
    the year 2001 is shown as previously reported and is not
    comparable to the information for 2005, 2004, 2003 and 2002.  DEPOSITS
       34




---



##### Table of Contents



TIME
    DEPOSITS OF $100 OR MORE AT DECEMBER 31, 2005
  Maturing:3 months or less

$
91,002Over 3 to 6 months


34,615Over 6 to 12 months


64,904Over 12 months


94,908Total

$
285,429   SHORT-TERM
    BORROWINGS
            LONG-TERM
    BORROWINGS
         35




---



##### Table of Contents



OFF-BALANCE
    SHEET ARRANGEMENTS AND AGGREGATE CONTRACTUAL
    OBLIGATIONS
        Less Than


1 to 3


3 to 5


After 5As of December 31,
    2005

Total


One Year


Years


Years


YearsContractual On Balance Sheet
    Obligations Long-term debt

$
494,787


$
238,839


$
182,327


$
3,533


$
70,088Operating leases


16,844



2,073



3,332



2,463



8,976Total contractual cash obligations

$
511,631


$
240,912


$
185,659


$
5,996


$
79,064Off Balance Sheet ObligationsLines of credit

$
418,606


$
163,301


$
58,665


$
30,703


$
165,937Standby letters of credit


16,751



11,434



5,317







Other commitments


171,264



48,273



52,457



29,971



40,563Total other commitments

$
606,621


$
223,008


$
116,439


$
60,674


$
206,500   CAPITAL
    RESOURCES
     36




---



##### Table of Contents



LIQUIDITY
          ACCOUNTING
    CHANGES
   37




---



##### Table of Contents



ITEM 7A.
    QUANTITATIVE
    AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK        Earnings at Risk (EAR). 12-month
  Estimated Change in EAR from the
    Base Interest Rate Scenario−200 Basis
    Points


+200 Basis PointsDecember 31, 2005


(3.76
)%


(0.99
)%December 31, 2004


(5.77
)%


(0.59
)%   Economic Value of Equity
    (EVE).
 38




---



##### Table of Contents



Estimated Change in EVE from the
    Base Interest Rate Scenario−200 Basis
    Points


+200 Basis PointsDecember 31, 2005


(0.51
)%


(6.35
)%December 31, 2004


1.37
%


(7.77
)%    39




---



##### Table of Contents



ITEM 8.
    FINANCIAL
    STATEMENTS AND SUPPLEMENTARY DATA  MANAGEMENTS
    REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
  Rule 13a-15(f)
  
    Pertain to the maintenance of records that in reasonable detail
    accurately and fairly reflect the transactions and dispositions
    of the assets of the Company;
    Provide reasonable assurance that transactions are recorded as
    necessary to permit preparation of financial statements in
    accordance with generally accepted accounting principles, and
    that receipts and expenditures of the Company are being made
    only in accordance with authorizations of management and
    directors of the Company; and
    Provide reasonable assurance regarding prevention or timely
    detection of unauthorized acquisition, use or disposition of the
    Companys assets that could have a material effect on the
    financial statements.        Form 10-K.
  /s/ Michael T. Vea

/s/ Michael B. CarrollChairman of the Board, Chief
    Executive

Senior Vice President, Controller
    andOfficer and President

Principal Accounting Officer  40




---



##### Table of Contents



Report of
    Independent Registered Public Accounting Firm
  To the Board of Directors and Shareholders of Integra Bank
    Corporation:
    Consolidated
    financial statements
    Internal
    control over financial reporting
  Internal Control  Integrated Framework Internal Control  Integrated Framework
   41




---



##### Table of Contents



42




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Balance Sheets
  December 31,2005


2004(In thousands, except share
    data)ASSETSCash and due from banks

$
62,643


$
71,770Federal funds sold and other
    short-term investments


112



64Total cash and cash equivalents


62,755



71,834Loans held for sale (at lower of
    cost or fair value)


522



1,173Securities available for sale


681,030



801,059Regulatory stock


33,102



32,975Loans, net of unearned income


1,750,192



1,665,324Less: Allowance for loan losses


(24,392
)


(23,794
)Net loans


1,725,800



1,641,530Premises and equipment


50,106



50,233Goodwill


44,491



44,839Other intangible assets


7,765



8,697Other assets


102,571



104,825TOTAL ASSETS

$
2,708,142


$
2,757,165LIABILITIESDeposits:Non-interest-bearing demand

$
263,095


$
257,963Interest-bearing:Savings, interest checking and
    money market accounts


760,883



820,104Time deposits of $100 or more


285,429



304,495Other interest-bearing


499,096



513,979Total deposits


1,808,503



1,896,541Short-term borrowings


399,588



174,933Long-term borrowings


256,862



457,359Other liabilities


23,091



19,041TOTAL LIABILITIES


2,488,044



2,547,874Commitments and contingent
    liabilities (Note 18)






SHAREHOLDERS
    EQUITYPreferred
    stock  1,000,000 shares authorizedNone outstandingCommon
    stock  $1.00 stated value:Shares authorized: 29,000,000Shares outstanding: 17,464,948 and
    17,375,004, respectively


17,465



17,375Additional paid-in capital


128,604



126,977Retained earnings


80,622



64,481Unvested restricted stock


(624
)


(578
)Accumulated other comprehensive
    income


(5,969
)


1,036TOTAL SHAREHOLDERS EQUITY


220,098



209,291TOTAL LIABILITIES AND
    SHAREHOLDERS EQUITY

$
2,708,142


$
2,757,165    43




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Statements of Income
  Year Ended
    December 31,2005


2004


2003(In thousands, except share and
    per share data)INTEREST INCOMEInterest and fees on loans:Taxable

$
103,801


$
94,874


$
99,951Tax-exempt


425



449



877Interest and dividends on
    securities:Taxable


28,591



29,221



31,388Tax-exempt


5,355



6,045



8,692Dividends on regulatory stock


1,528



1,518



1,696Interest on loans held for sale


355



179



451Interest on federal funds sold and
    other short-term investments


124



85



60Total interest income


140,179



132,371



143,115INTEREST EXPENSEInterest on deposits


35,024



25,752



29,995Interest on short-term borrowings


10,430



2,207



2,613Interest on long-term borrowings


12,104



19,945



38,265Total interest expense


57,558



47,904



70,873NET INTEREST INCOME


82,621



84,467



72,242Provision for loan losses


5,764



1,305



4,945Net interest income after provision
    for loan losses


76,857



83,162



67,297NON-INTEREST INCOMEService charges on deposit accounts


15,355



12,414



11,628Other service charges and fees


3,412



3,621



3,612Debit card income-interchange


2,438



1,633



1,424Credit card fee income


742



2,060



1,864Mortgage banking


550



813



1,931Trust income


1,979



2,025



2,035Securities (losses) gains


(1,532
)


4,477



3,052Gain on mortgage loans sold


417



618



1,988Gain on sale of other assets


6,786



1,360



1,231Cash surrender value life insurance
    income


2,348



1,547



1,788Other


3,383



3,039



2,240Total non-interest income


35,878



33,607



32,793NON-INTEREST EXPENSESalaries and employee benefits


39,870



42,907



42,347Occupancy


7,606



6,625



5,909Equipment


3,584



4,052



4,361Professional fees


4,586



4,485



4,404Communication and transportation


4,742



3,427



3,990Processing


2,616



3,496



3,215Software


1,609



1,841



1,547Marketing


2,075



2,179



1,829Debt prepayment fees






56,998



1,243Low income housing project losses


2,210



2,193



2,570Amortization of intangible assets


933



1,612



1,619Other


7,726



8,365



9,233Total non-interest expense


77,557



138,180



82,267Income (loss) before income taxes


35,178



(21,411
)


17,823Income taxes (benefit)


7,879



(14,791
)


58NET INCOME (LOSS)

$
27,299


$
(6,620
)

$
17,765Earnings (loss) per share:Basic

$
1.57


$
(0.38
)

$
1.03Diluted

$
1.56


$
(0.38
)

$
1.03Weighted average shares outstanding:Basic


17,382



17,318



17,285Diluted


17,468



17,318



17,300    44




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Statements of Comprehensive Income
  Year Ended
    December 31,2005


2004


2003(In thousands)Net income (loss)

$
27,299


$
(6,620
)

$
17,765Other comprehensive income, net of
    tax:Unrealized gain (loss) on
    securities:Unrealized loss arising in period
    (net of tax of $(5,482), $(2,181) and $(24) respectively)


(7,916
)


(3,202
)


(37
)Reclassification of realized
    amounts (net of tax of $621, $(1,814) and $(1,237) respectively)


911



(2,663
)


(1,815
)Net unrealized loss on securities


(7,005
)


(5,865
)


(1,852
)Unrealized gain on hedged
    derivatives arising in period (net of tax of $155 and $373
    respectively for 2004 and 2003)






227



548Net unrealized loss, recognized in
    other comprehensive income


(7,005
)


(5,638
)


(1,304
)Comprehensive income (loss)

$
20,294


$
(12,258
)

$
16,461    45




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Statements of Changes In Shareholders Equity
  AccumulatedShares of





Additional





Unvested


Other


TotalCommon


Common


Paid-In


Retained


Restricted


Comprehensive


ShareholdersStock


Stock


Capital


Earnings


Stock


Income (Loss)


Equity(In thousands, except share and
    per share data)BALANCE AT DECEMBER 31, 2002


17,291,368


$
17,291


$
125,467


$
82,011


$
(147
)

$
7,978


$
232,600Net income














17,765











17,765Cash dividend declared
    (0.94 per share)














(16,266
)










(16,266
)Change, net of tax, in unrealized
    gain/loss on:Securities






















(1,852
)


(1,852
)Interest rate swaps






















548



548Exercise of stock options


1,000



1



19















20Grant of restricted stock


18,414



19



303







(322
)






Unearned compensation amortization


















177







177BALANCE AT DECEMBER 31, 2003


17,310,782


$
17,311


$
125,789


$
83,510


$
(292
)

$
6,674


$
232,992Net income














(6,620
)










(6,620
)Cash dividend declared
    ($0.715 per share)














(12,409
)










(12,409
)Change, net of tax, in unrealized
    gain/loss on:Securities






















(5,865
)


(5,865
)Interest rate swaps






















227



227Exercise of stock options


38,648



39



688















727Grant of restricted stock, net of
    forfeitures


25,574



25



500







(525
)






Unearned compensation amortization


















239







239BALANCE AT DECEMBER 31, 2004


17,375,004


$
17,375


$
126,977


$
64,481


$
(578
)

$
1,036


$
209,291Net income














27,299











27,299Cash dividend declared
    ($0.64 per share)














(11,158
)










(11,158
)Change, net of tax, in unrealized
    gain/loss on securities






















(7,005
)


(7,005
)Exercise of stock options


71,723



72



1,227















1,299Grant of restricted stock, net of
    forfeitures


18,221



18



380







(398
)






Acceleration of stock option vesting










20















20Unearned compensation amortization


















352







352BALANCE AT DECEMBER 31, 2005


17,464,948


$
17,465


$
128,604


$
80,622


$
(624
)

$
(5,969
)

$
220,098    46




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Statements of Cash Flows
  Year Ended
    December 31,2005


2004


2003(In thousands)CASH FLOWS FROM OPERATING ACTIVITIESNet income (loss)

$
27,299


$
(6,620
)

$
17,765Adjustments to reconcile net income
    (loss) to net cash provided by operating activities:Amortization and depreciation


7,030



8,991



12,300Provision for loan losses


5,764



1,305



4,945Net securities losses (gains)


1,532



(4,477
)


(3,052
)Loss on sale of premises and
    equipment


202



24



24Gain on sale of other real estate
    owned


(109
)


(145
)


(117
)Gain on sale of loans






(1,158
)


Gain on sale of merchant processing
    program


(411
)






Gain on sale of branches


(6,204
)






Loss on low-income housing
    investments


2,210



2,193



286Increase (decrease) in deferred
    taxes


5,892



(13,192
)


3,724Net gain on sale of loans held for
    sale


(681
)


(618
)


(1,988
)Proceeds from sale of loans held
    for sale


66,956



81,352



189,664Origination of loans held for sale


(65,624
)


(81,665
)


(174,151
)Other operating


246



139



84Decrease in other assets


3,747



528



2,824Increase (decrease) in other
    liabilities


4,035



396



(73,403
)Net cash flows provided by (used
    in) operating activities


51,884



(12,947
)


(21,095
)CASH FLOWS FROM INVESTING ACTIVITIESProceeds from maturities of
    securities available for sale


179,152



209,824



419,893Proceeds from sales of securities
    available for sale


30,595



373,630



328,278Purchase of securities available
    for sale


(104,210
)


(417,778
)


(777,119
)(Increase) decrease in loans made
    to customers


(103,806
)


24,892



(98,150
)Decrease in loans from sale of
    branches


13,772







Proceeds from sale of loans






7,043



Proceeds from sale of merchant
    processing program


585







Purchase of premises and equipment


(4,869
)


(5,439
)


(6,568
)Proceeds from sale of premises and
    equipment from sale of branches


608







Proceeds from sale of premises and
    equipment


211



5,512



1,513Proceeds from sale of other real
    estate owned


724



1,598



1,424Net cash flows provided by (used
    in) investing activities


12,762



199,282



(130,729
)CASH FLOWS FROM FINANCING ACTIVITIESNet (decrease) increase in deposits


(19,590
)


83,911



30,682Decrease in deposits from sale of
    branches


(68,448
)






Net increase (decrease) in
    short-term borrowed funds


26,641



(124,118
)


159,302Proceeds from long-term borrowings






334,003



10,000Repayment of long-term borrowings


(2,483
)


(470,269
)


(28,577
)Proceeds from trust preferred
    securities










35,568Repayment of trust preferred
    securities










(34,500
)Dividends paid


(11,144
)


(13,698
)


(16,261
)Proceeds from exercise of stock
    options


1,299



727



20Net cash flows (used in) provided
    by financing activities


(73,725
)


(189,444
)


156,234Net (decrease) increase in cash and
    cash equivalents


(9,079
)


(3,109
)


4,410Cash and cash equivalents at
    beginning of year


71,834



74,943



70,533Cash and cash equivalents at end of
    year

$
62,755


$
71,834


$
74,943    47




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Consolidated
    Statements of Cash Flows (Continued)
  Year Ended
    December 31,2005


2004


2003(In thousands)SUPPLEMENTAL DISCLOSURE OF CASH
    FLOW INFORMATIONCash paid during the year:Interest

$
55,239


$
48,702


$
72,484Income taxes (benefit)


(288
)


(681
)


(3,340
)SUPPLEMENTAL DISCLOSURE OF NONCASH
    TRANSACTIONSChange in allowance for unrealized
    (gain)/loss on securities available for sale

$
12,013


$
9,860


$
(3,113
)Change in deferred taxes
    attributable to securities available for sale


(4,861
)


(3,995
)


(1,261
)Other real estate acquired in
    settlement of loans


836



843



443Dividends declared and not paid


2,794



2,780



4,068    48




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
  Notes to
    Consolidated Financial Statements
 (In
    Thousands, Except Share and Per Share Data)
   NOTE 1.
    SUMMARY
    OF SIGNIFICANT ACCOUNTING POLICIES  DESCRIPTION
    OF BUSINESS
  and/or
          BASIS
    OF CONSOLIDATION
   49




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
        CASH
    AND CASH EQUIVALENTS
    TRUST ASSETS
    SECURITIES
       50




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
      LOANS
    Bulletin 2000-20).
  ALLOWANCE
    FOR LOAN LOSSES
  Accounting by Creditors for Impairment of a Loan
 51




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
             OTHER
    REAL ESTATE OWNED
    PREMISES
    AND EQUIPMENT
    INTANGIBLE
    ASSETS
  fair-value-based
 52




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
    Goodwill and Other
    Intangible Assets
  SECURITIES
    SOLD UNDER AGREEMENTS TO REPURCHASE
    MORTGAGE
    SERVICING RIGHTS
        DERIVATIVE
    FINANCIAL INSTRUMENTS
   53




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
    Accounting for Derivative Instruments
    and Hedging Activities
      INCOME
    TAXES
   54




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   STOCK-BASED
    COMPENSATION
  Accounting for Stock Issued to Employees Accounting for
    Stock-Based Compensation
  For the Year Ended
    December 31,2005


2004


2003Net income (loss):As reported

$
27,299


$
(6,620
)

$
17,765Add: Stock-based compensation
    expense included in reported net income (loss), net of tax


221



142



105Deduct: Total stock-based employee
    compensation expense determined under fair value based method
    for all awards, net of tax


2,505



1,021



857Proforma

$
25,015


$
(7,499
)

$
17,013Earnings (loss) per share:BasicAs reported

$
1.57


$
(0.38
)

$
1.03Proforma


1.44



(0.43
)


0.98DilutedAs reported

$
1.56


$
(0.38
)

$
1.03Proforma


1.43



(0.43
)


0.98     2005


2004


2003Number of options granted


300,154



304,772



354,946Risk-free interest rate


4.04
%


3.97
%


3.35
%Expected life, in years


7



7



7Expected volatility


33.20
%


33.16
%


33.40
%Expected dividend yield


3.00
%


3.13
%


5.31
%Estimated fair value per option

$
6.43


$
5.89


$
3.63   RECENT
    ACCOUNTING PRONOUNCEMENTS
  The Meaning of
    Other-Than-Temporary
    Impairment and Its Application to Certain
    Investments. other-than-temporary other-than-temporary, other-than-temporary
   55




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
    Accounting for Stock-Based
    Compensation ,
    Accounting for Stock Issued to Employees,
  NOTE 2.
    EARNINGS
    PER SHARE      For the Year Ended
    December 31,2005


2004


2003Net income (loss)

$
27,299


$
(6,620
)

$
17,765Weighted average shares
    outstanding  Basic


17,381,682



17,318,299



17,285,149Stock option adjustment


54,759







10,545Restricted stock adjustment


31,102







4,596Average shares
    outstanding  Diluted


17,467,543



17,318,299



17,300,290Earnings per
    share  Basic

$
1.57


$
(0.38
)

$
1.03Effect of stock options


(0.01
)






Earnings per
    share  Diluted

$
1.56


$
(0.38
)

$
1.03      56




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   NOTE 3.
    SECURITIES    Gross


GrossAmortized


Unrealized


Unrealized


FairCost


Gains


Losses


ValueDecember 31, 2005:U.S. Government agencies

$
1,149


$



$
30


$
1,119Mortgage-backed securities


169,942



292



3,730



166,504Collateralized Mortgage Obligations


373,198







10,885



362,313States & political
    subdivisions


82,415



2,935



96



85,254Other securities


64,595



1,605



360



65,840Total

$
691,299


$
4,832


$
15,101


$
681,030December 31, 2004:U.S. Government agencies

$
1,100


$
3


$
8


$
1,095Mortgage-backed securities


230,843



916



1,074



230,685Collateralized Mortgage Obligations


411,925



130



4,929



407,126States & political
    subdivisions


93,520



4,298



5



97,813Other securities


61,926



2,841



427



64,340Total

$
799,314


$
8,188


$
6,443


$
801,059       Less Than 1 Year


1-5 Years


5-10 Years


Over 10 YearsMaturity


Maturity


Maturity


Maturity


TotalAmount


Yield


Amount


Yield


Amount


Yield


Amount


Yield


Amount


YieldU.S. government agencies

$







$
799



4.04
%

$
350



4.40
%

$







$
1,149



4.15
%Mortgage-backed securities










136,609



4.34
%


33,333



4.51
%










169,942



4.37
%Collateralized mortgage obligations










164,431



4.32
%


208,767



4.30
%










373,198



4.31
%States & political
    subdivisions


3,365



7.64
%


18,504



7.38
%


41,757



7.67
%


18,789



5.62
%


82,415



7.14
%Other securities










25



5.97
%










64,570



7.14
%


64,595



7.14
%Amortized Cost

$
3,365



7.64
%

$
320,368



4.50
%

$
284,207



4.82
%

$
83,359



6.79
%

$
691,299



4.93
%Fair Value

$
3,375






$
312,943






$
279,510






$
85,202






$
681,030      57




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     2005


2004


2003Gross realized gains

$
89


$
5,635


$
3,079Gross realized losses


(1,621
)


(1,158
)


(27
)Total

$
(1,532
)

$
4,477


$
3,052     Less Than 12 Months


12 Months or More


TotalUnrealized





Unrealized





UnrealizedDecember 31, 2005

Fair Value


Losses


Fair Value


Losses


Fair Value


LossesU.S. government agencies

$
830


$
19


$
289


$
11


$
1,119


$
30Mortgage-backed securities


69,997



1,267



84,899



2,463



154,896



3,730Collateralized mortgage obligations


83,213



1,381



279,100



9,504



362,313



10,885State & political
    subdivisions


605



94



150



2



755



96Other securities


26,917



331



8,080



29



34,997



360Total

$
181,562


$
3,092


$
372,518


$
12,009


$
554,080


$
15,101   Less Than 12 Months


12 Months or More


TotalUnrealized





Unrealized





UnrealizedDecember 31, 2004

Fair Value


Losses


Fair Value


Losses


Fair Value


LossesU.S. Government agencies

$
694


$
8


$



$



$
694


$
8Mortgage-backed securities


144,871



1,014



1,755



60



146,626



1,074Collateralized Mortgage Obligations


268,533



2,983



83,813



1,946



352,346



4,929State & political
    subdivisions


1,098



5











1,098



5Other securities


20,867



427











20,867



427Total

$
436,063


$
4,437


$
85,568


$
2,006


$
521,631


$
6,443   available-for-sale other-than-temporary other-than-temporary
  other-than-temporarily other-than-temporary
  other-than-temporary
   58




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   NOTE 4.
    LOANS    2005


2004CommercialCommercial, industrial and
    agricultural loans

$
572,936


$
563,382Economic development loans and
    other obligations of state and political subdivisions


8,422



13,195Lease financing


5,740



5,731Total commercial


587,098



582,308Commercial real estateCommercial mortgages


180,907



224,066Construction and development


186,177



72,517Total commercial real estate


367,084



296,583Residential mortgages


447,250



456,007Home equity


135,685



143,037Consumer loans


213,079



187,395Total loans


1,750,196



1,665,330Less: unearned income


4



6Loans, net of unearned income

$
1,750,192


$
1,665,324     2005


2004


2003Nonaccrual

$
25,013


$
17,971


$
15,72590 days past due and still
    accruing interest


40



576



2,566Total non-performing loans

$
25,053


$
18,547


$
18,291     2005


2004


2003Impaired loans for which there is
    a related allowance for loan losses

$
17,010


$
4,241


$
6,726Impaired loans for which there is
    no related allowance for loan losses


8,109



13,730



10,080Total impaired loans

$
25,119


$
17,971


$
16,806Allowance for loan losses for
    impaired loans included in the allowance for loan losses

$
4,380


$
2,482


$
3,112Average recorded investment in
    impaired loans


24,378



19,224



18,043Interest income recognized from
    impaired loans


338



58



110Cash basis interest income
    recognized from impaired loans


134



109



98    59




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     NOTE 5.
    RELATED
    PARTY TRANSACTIONS    2005


2004Balance as of January 1

$
3,225


$
3,795New loans


1,710



2,235Repayments


(2,209
)


(2,805
)Director and officer changes


(1,493
)


Balance as of December 31

$
1,233


$
3,225The balance of related party
    deposits as of December 31

$
6,797


$
11,702   NOTE 6.
    ALLOWANCE
    FOR LOAN LOSSES    2005


2004


2003Balance at beginning of year

$
23,794


$
25,403


$
24,632Loans charged to allowance


(6,618
)


(4,858
)


(6,510
)Recoveries credited to allowance


1,452



2,319



2,336Net charge-offs


(5,166
)


(2,539
)


(4,174
)Provision for loan losses


5,764



1,305



4,945Allowance related to loans sold






(299
)


Reclassification of allowance
    related to unfunded commitments to other liabilities






(76
)


Balance at end of year

$
24,392


$
23,794


$
25,403   NOTE 7.
    PREMISES
    AND EQUIPMENT    2005


2004Land

$
7,232


$
5,837Buildings and lease improvements


63,218



61,916Equipment


23,009



26,267Construction in progress


1,790



2,415Total cost


95,249



96,435Less accumulated depreciation


45,143



46,202Net premises and equipment

$
50,106


$
50,233  60




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     NOTE 8.
    INTANGIBLE
    ASSETS  December 31, 2005


December 31, 2004Gross





Net


Gross





NetCarrying


Accumulated


Carrying


Carrying


Accumulated


CarryingAmount


Amortization


Amount


Amount


Amortization


AmountGoodwill
    (Non-amortizing)

$
44,491


$



$
44,491


$
44,839


$



$
44,839Core deposits (Amortizing)


17,080



(9,315
)


7,765



17,080



(8,383
)


8,697Total intangible assets

$
61,571


$
(9,315
)

$
52,256


$
61,919


$
(8,383
)

$
53,536       Year Ending
    December 31,2006

$
9332007


9332008


9332009


9332010


933Thereafter


3,100   NOTE 9.
    MORTGAGE
    SERVICING RIGHTS    2005


2004


2003Balance at beginning of year

$
2,806


$
2,744


$
1,440Amount capitalized


573



751



1,673Amount amortized


(791
)


(689
)


(498
)Change in valuation allowance










129Balance at end of year

$
2,588


$
2,806


$
2,744    61




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   NOTE 10.
    DEPOSITS    2006

$
456,4682007


209,1692008


75,4352009


17,3902010 and thereafter


26,063Total

$
784,525     NOTE 11.
    INCOME
    TAXES    2005


2004


2003Federal:Current

$
1,205


$
(2,988
)

$
3,472Deferred


6,261



(9,879
)


(3,254
)Total


7,466



(12,867
)


218State:Current

$
781


$
1,389


$
310Deferred


(368
)


(3,313
)


(470
)Total


413



(1,924
)


(160
)Total income taxes (benefit)

$
7,879


$
(14,791
)

$
58       2005


2004


2003Federal income tax computed at the
    statutory rates

$
12,313


$
(7,494
)

$
6,238Adjusted for effects of:Tax exempt interest


(1,761
)


(1,939
)


(2,633
)Nondeductible expenses


221



321



342Low income housing credit


(2,510
)


(2,625
)


(2,386
)Cash surrender value of life
    insurance policies


(822
)


(542
)


(626
)Dividend received deduction


(215
)


(253
)


(530
)Reduction of valuation allowance










(330
)State taxes, net of Federal benefit


807



(1,251
)


(104
)Other differences


(154
)


(1,008
)


87Total income taxes

$
7,879


$
(14,791
)

$
58  62




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     December 31,2005


2004Allowance for loan losses

$
9,004


$
9,070Alternative minimum tax credit
    carryforward


3,545



723Low income housing tax credit
    carryforward


9,473



7,410Net operating loss carryforward


2,387



10,732Unrealized loss on securities
    available for sale


4,154



Writedown on loans held for sale


140



846Other, net


1,324



1,391Total deferred tax assets


30,027



30,172Direct financing and leveraged
    leases


(5,228
)


(5,778
)FHLB dividend


(1,582
)


(1,579
)Mortgage servicing rights


(959
)


(1,070
)Partnership income


(1,148
)


(968
)Premises and equipment


(4,634
)


(2,292
)Purchase accounting adjustments


(648
)


(919
)Unrealized gain on securities
    available for sale






(707
)Total deferred tax liabilities


(14,199
)


(13,313
)Net deferred tax asset

$
15,828


$
16,859       NOTE 12.
    SHORT-TERM
    BORROWINGS    2005


2004Federal funds purchased

$
44,400


$
55,700Securities sold under agreements
    to repurchase


202,262



74,194Short-term Federal Home
    Loan Bank advances


152,926



45,039Total short-term borrowed funds

$
399,588


$
174,933A summary of selected data related
    to short-term borrowed funds follows:Average amount outstanding

$
324,506


$
170,295Maximum amount at any month-end


426,198



239,654Weighted average interest rate:During year


3.21
%


1.30
%End of year


3.48
%


1.90
%  63




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     NOTE 13.
    LONG-TERM
    BORROWINGS    2005


2004FHLB AdvancesFixed maturity advances (weighted
    average rate of 2.64% and 2.26% as of December 31, 2005 and
    2004, respectively)

$
102,500


$
215,000Amortizing and other advances
    (weighted average rate of 5.71% and 5.85% as of
    December 31, 2005 and 2004, respectively)


4,506



6,653Total FHLB Advances


107,006



221,653Securities sold under repurchase
    agreements with maturities at various dates through 2008
    (weighted average fixed rate of 2.78% and 3.85% as of
    December 31, 2005 and 2004, respectively)


75,000



160,000Notes payable, secured by
    equipment, with a fixed interest rate of 7.26%, due at various
    dates through 2012


6,731



7,581Subordinated debt, unsecured, with
    a floating interest rate equal to three-month LIBOR plus 3.20%,
    with a maturity date of April 24, 2013


10,000



10,000Subordinated debt, unsecured, with
    a floating interest rate equal to three-month LIBOR plus 2.85%,
    with a maturity date of April 7, 2014


4,000



4,000Floating Rate Capital Securities,
    with an interest rate equal to six-month LIBOR plus 3.75%, with
    a maturity date of July 25, 2031, and callable effective
    July 25, 2011


18,557



18,557Floating Rate Capital Securities,
    with an interest rate equal to three-month LIBOR plus 3.10%,
    with a maturity date of June 26, 2033 and callable
    effective June 25, 2008


35,568



35,568Total long-term borrowings

$
256,862


$
457,359     2006

$
9132007


114,5622008


67,7662009


2,2722010


1,261Thereafter


70,088Total principal payments

$
256,862    64




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
          3-month
          NOTE 14.
    SHAREHOLDERS
    EQUITY     65




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
      NOTE 15.
    REGULATORY
    MATTERS           66




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     MinimumMinimum Ratios for Capital


Capital RatiosActual


Adequacy Purposes


to be Well CapitalizedAmount


Ratio


Amount


Ratio


Amount


RatioAs of December 31, 2005Total Capital (to Risk Weighted
    Assets)Consolidated

$
261,831



13.15
%

$
159,334



8.00
%


N/A



N/AIntegra Bank


251,636



12.66
%


158,992



8.00
%


198,740



10.00
%Tier 1 Capital (to Risk
    Weighted Assets)Consolidated

$
223,343



11.21
%

$
79,667



4.00
%


N/A



N/AIntegra Bank


227,148



11.43
%


79,496



4.00
%


119,244



6.00
%Tier 1 Capital (to Average
    Assets)Consolidated

$
223,343



8.33
%

$
107,191



4.00
%


N/A



N/AIntegra Bank


227,148



8.56
%


106,104



4.00
%


132,630



5.00
%As of December 31, 2004Total Capital (to Risk Weighted
    Assets)Consolidated

$
242,042



12.56
%

$
154,195



8.00
%


N/A



N/AIntegra Bank


230,636



12.01
%


153,574



8.00
%


191,967



10.00
%Tier 1 Capital (to Risk
    Weighted Assets)Consolidated

$
202,715



10.52
%

$
77,098



4.00
%


N/A



N/AIntegra Bank


206,766



10.77
%


76,787



4.00
%


115,180



6.00
%Tier 1 Capital (to Average
    Assets)Consolidated

$
202,715



7.64
%

$
106,139



4.00
%


N/A



N/AIntegra Bank


206,766



7.86
%


105,160



4.00
%


131,450



5.00
%   NOTE 16.
    STOCK
    OPTION PLAN AND AWARDS     67




---



##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     2005


2004


2003Weighted





Weighted





WeightedAverage





Average





AverageShares


Exercise Price


Shares


Exercise Price


Shares


Exercise PriceOptions outstanding, beginning of
    year


1,227,652


$
21.10



1,086,377


$
21.20



773,472


$
22.73Options granted


300,154



21.67



304,772



20.45



354,946



17.75Options exercised


(71,723
)


18.10



(38,648
)


18.82



(1,000
)


19.69Options forfeited


(135,530
)


20.70



(124,849
)


21.07



(41,041
)


19.97Options outstanding, end of year


1,320,553


$
21.44



1,227,652


$
21.10



1,086,377


$
21.20Options exercisable


1,320,553







584,038







530,594           Weighted AverageWeighted Average


Remaining





Weighted AverageNumber


Exercise


Contractual Life


Number


ExerciseRange of Exercise
    Price

Outstanding


Price


(In Years)


Exercisable


Price$15.75 - 20.00


387,900


$
18.36



7.1



387,900


$
18.3620.01 - 23.50


787,525



21.58



7.5



787,525



21.5823.51 - 26.00


97,700



25.50



3.8



97,700



25.5026.01 - 38.00


47,428



35.96



2.3



47,428



35.961,320,553


$
21.44



6.9



1,320,553


$
21.44  68




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     2005


2004


2003Shares


Shares


SharesRestricted shares outstanding,
    beginning of year


38,100



23,748



10,668Shares granted


25,387



27,326



18,414Shares vested


(14,260
)


(11,222
)


(5,334
)Shares forfeited


(7,166
)


(1,752
)


Restricted shares outstanding, end
    of year


42,061



38,100



23,748Weighted-average fair value per
    share at date of grant

$
21.39


$
20.35


$
17.48Compensation expense (in thousands)


352



239



177     NOTE 17.
    DISCLOSURES
    ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS    2005


2004Carrying


Fair


Carrying


FairAmount


Value


Amount


ValueFinancial Assets:Cash and short-term investments

$
62,755


$
62,755


$
71,834


$
71,834Loans held for sale (at lower of
    cost or market)


522



522



1,173



1,173Securities available for sale


681,030



681,030



801,059



801,059Regulatory stock


33,102



33,102



32,975



32,975Loans-net of allowance


1,725,800



1,790,512



1,641,530



1,720,490Mortgage servicing rights


2,588



3,590



2,806



3,154Interest rate swap agreement

$
147


$
147


$
53


$
53Financial Liabilities:Deposits

$
1,808,503


$
1,805,446


$
1,896,541


$
1,900,337Short-term borrowings


399,588



399,102



174,933



174,854Long-term borrowings


256,862



261,865



457,359



465,238Interest rate swap agreements

$
(571
)

$
(571
)

$
(448
)

$
(448
)    69




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   CASH
    AND SHORT-TERM INVESTMENTS
    LOANS
    HELD FOR SALE
    SECURITIES
    LOANS
    MORTGAGE
    SERVICING RIGHTS
    DEPOSITS
    SHORT-TERM
    BORROWINGS
    LONG-TERM
    BORROWINGS
    DERIVATIVE
    INSTRUMENTS
   70




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   COMMITMENTS
    TO EXTEND CREDIT AND STANDBY LETTERS OF CREDIT
    NOTE 18.
    COMMITMENTS,
    CONTINGENCIES, AND CREDIT RISK    Year Ending
    December 31,2006

$
2,0732007


1,8622008


1,4702009


1,3372010


1,126Thereafter


8,976Total

$
16,844            71




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
    Ranges of RatesVariable Rate


Fixed Rate


Total


on Fixed RateCommitment


Commitment


Commitment


CommitmentsCommitments to extend credit

$
432,323


$
53,564


$
485,887


2.10% - 21.00%Standby letters of credit


10,950



3,061



14,011


3.75% - 10.25%         mark-to-market mark-to-market
  NOTE 19.
    INTEREST
    RATE CONTRACTS       72




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   NOTE 20.
    EMPLOYEE
    RETIREMENT PLANS              Postretirement
    Benefits2005


2004Change in Fair Value of Plan
    Assets:Balance at beginning of year

$



$
Actual return on plan assets






Employer contributions


133



159Benefits paid, net of retiree
    contributions


(133
)


(159
)Balance at end of year

$



$
Change in Benefit Obligation:Balance at beginning of year

$
1,972


$
1,885Service cost


113



103Interest costs


112



113Actuarial gains (losses)


(190
)


30Benefits paid, net of retiree
    contributions


(133
)


(159
)Balance at end of year

$
1,874


$
1,972Funded status

$
(1,874
)

$
(1,972
)Unrecognized prior service cost


233



267Unrecognized net actuarial loss


895



1,149Accrued benefit cost

$
(746
)

$
(556
)  73




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
     Postretirement
    Benefits2005


2004


2003Service
    cost  benefits earned during the period

$
113


$
103


$
45Interest cost on projected benefit
    obligation


113



113



115Net amortization and deferral


97



101



87Net periodic cost

$
323


$
317


$
247     Year Ending
    December 31,2006

$
1602007


1602008


1472009


1602010


161Thereafter


842   NOTE 21.
    SEGMENT
    INFORMATION      For the Year EndedDecember 31, 2005

Banking


Other


Eliminations(1)


TotalInterest income

$
139,997


$
198


$
(16
)

$
140,179Interest expense


53,016



4,558



(16
)


57,558Net interest income


86,981



(4,360
)






82,621Provision for loan losses


5,764











5,764Other income


35,521



31,707



(31,350
)


35,878Other expense


75,685



1,950



(78
)


77,557Earnings before income taxes


41,053



25,397



(31,272
)


35,178Income taxes (benefit)


10,030



(2,151
)






7,879Net income

$
31,023


$
27,548


$
(31,272
)

$
27,299Segment assets

$
2,685,870


$
289,425


$
(267,153
)

$
2,708,142   74




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
  For the Year EndedDecember 31, 2004

Banking


Other


Eliminations(1)


TotalInterest income

$
132,157


$
223


$
(9
)

$
132,371Interest expense


44,630



3,283



(9
)


47,904Net interest income


87,527



(3,060
)






84,467Provision for loan losses


1,305











1,305Other income


33,309



(3,708
)


4,006



33,607Other expense


136,923



1,345



(88
)


138,180Earnings before income taxes


(17,392
)


(8,113
)


4,094



(21,411
)Income taxes (benefit)


(13,120
)


(1,671
)






(14,791
)Net income

$
(4,272
)

$
(6,442
)

$
4,094


$
(6,620
)Segment assets

$
2,732,901


$
277,177


$
(252,913
)

$
2,757,165   For the Year EndedDecember 31, 2003

Banking


Other


Eliminations(1)


TotalInterest income

$
142,966


$
2,522


$
(2,373
)

$
143,115Interest expense


67,297



5,949



(2,373
)


70,873Net interest income


75,669



(3,427
)






72,242Provision for loan losses


4,945











4,945Other income


32,599



21,228



(21,034
)


32,793Other expense


79,912



2,459



(104
)


82,267Earnings before income taxes


23,411



15,342



(20,930
)


17,823Income taxes (benefit)


2,615



(2,557
)






58Net income

$
20,796


$
17,899


$
(20,930
)

$
17,765Segment assets

$
2,951,085


$
300,199


$
(292,990
)

$
2,958,294     (1)
    
    Eliminations include intercompany loan and deposits, interest
    income and expense, and earnings (loss) of the subsidiaries. 75




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   NOTE 22.
    FINANCIAL
    INFORMATION OF PARENT COMPANY    CONDENSED
    STATEMENTS OF BALANCE SHEETS
  December 31,2005


2004ASSETSCash and cash equivalents

$
6,581


$
5,570Investment in banking subsidiaries


275,888



263,841Investment in other subsidiaries


570



373Securities available for sale


1,625



2,635Other assets


7,944



8,944TOTAL ASSETS

$
292,608


$
281,363LIABILITIESShort-term borrowings

$



$
Long-term borrowings


68,125



68,125Dividends payable


2,794



2,780Other liabilities


1,591



1,167Total liabilities


72,510



72,072SHAREHOLDERS
    EQUITYCommon stock


17,465



17,375Capital surplus


128,604



126,977Retained earnings


80,622



64,481Unvested restricted stock


(624
)


(578
)Accumulated other comprehensive
    income


(5,969
)


1,036Total shareholders equity


220,098



209,291TOTAL LIABILITIES AND
    SHAREHOLDERS EQUITY

$
292,608


$
281,363   CONDENSED
    STATEMENTS OF INCOME
  Year Ended
    December 31,2005


2004


2003Dividends from banking subsidiaries

$
12,000


$
14,000


$
4,000Other income


155



182



389Total income


12,155



14,182



4,389Interest expense


4,558



3,283



3,810Other expenses


1,736



1,098



2,319Total expenses


6,294



4,381



6,129Income (loss) before income taxes
    and equity in undistributed earnings of subsidiaries


5,861



9,801



(1,740
)Income tax benefit


2,195



1,701



2,581Income before equity in
    undistributed earnings of subsidiaries


8,056



11,502



841Equity in undistributed earnings
    of subsidiaries


19,243



(18,122
)


16,924Net income (loss)

$
27,299


$
(6,620
)

$
17,765  76




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##### Table of Contents



INTEGRA
    BANK CORPORATION and Subsidiaries
    Notes to Consolidated Financial
    Statements  (Continued)
   CONDENSED
    STATEMENTS OF CASH FLOWS
  Year Ended
    December 31,2005


2004


2003CASH FLOWS FROM OPERATING
    ACTIVITIESNet income (loss)

$
27,299


$
(6,620
)

$
17,765Adjustments to reconcile net
    income (loss) to net cash provided by operating activities:Amortization and depreciation


160



113



1,327Employee benefit expenses


373



239



177Excess distributions
    (undistributed) earnings of subsidiaries


(19,243
)


18,122



(16,924
)Decrease in deferred taxes


(84
)


(79
)


(9
)(Increase) decrease in other assets


928



1,304



(75
)Increase in other liabilities


424



470



141Net cash flows provided by
    operating activities


9,857



13,549



2,402CASH FLOWS FROM INVESTING
    ACTIVITIESProceeds from call of securities


1,000







Payments for investments in and
    advances to subsidiaries










(1,380
)Sale or repayment of investments
    in and advances to subsidiaries










2,821Capital expenditures










(1,668
)Net cash flows provided by (used
    in) investing activities


1,000







(227
)CASH FLOWS FROM FINANCING
    ACTIVITIESDividends paid


(11,144
)


(13,698
)


(16,261
)Net increase (decrease) in
    short-term borrowed funds






(4,000
)


4,000Proceeds from long-term borrowings






4,000



45,568Repayment of long-term borrowings










(35,567
)Proceeds from exercise of stock
    options


1,298



727



20Net cash flows used in financing
    activities


(9,846
)


(12,971
)


(2,240
)Net increase (decrease) in cash
    and cash equivalents


1,011



578



(65
)Cash and cash equivalents at
    beginning of year


5,570



4,992



5,057Cash and cash equivalents at end
    of year

$
6,581


$
5,570


$
4,992  77




---



##### Table of Contents



ITEM 9.
    CHANGES
    IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
    FINANCIAL DISCLOSURE    ITEM 9A.
    CONTROLS
    AND PROCEDURES  Rules 13a-15(e) 15d-15c) Form 10-K
     ITEM 9B.  OTHER
    INFORMATION   PART III  ITEM 10.
    DIRECTORS
    AND EXECUTIVE OFFICERS OF THE REGISTRANT    ITEM 11.
    EXECUTIVE
    COMPENSATION    ITEM 12.
    SECURITY
    OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
    RELATED STOCKHOLDER MATTERS    ITEM 13.
    CERTAIN
    RELATIONSHIPS AND RELATED TRANSACTIONS   78




---



##### Table of Contents



ITEM 14.
    PRINCIPAL
    ACCOUNTANT FEES AND SERVICES   PART IV  ITEM 15.
    EXHIBITS AND
    FINANCIAL STATEMENT SCHEDULES  Form 10-K
                         79




---



##### Table of Contents



SIGNATURES      By:
    /s/  MICHAEL
    T. VEA    
    By:
    /s/  MICHAEL
    B. CARROLL           Date/s/  SANDRA
    CLARK BERRYSandra
    Clark Berry

Director

3/8/2006/s/  H.
    RAY HOOPSH.
    Ray Hoops

Director

3/8/2006/s/  GEORGE
    D. MARTINGeorge
    D. Martin

Director

3/8/2006/s/  THOMAS
    W. MILLERThomas
    W. Miller

Director

3/8/2006/s/  RICHARD
    M. STIVERSRichard
    M. Stivers

Director

3/8/2006/s/  ROBERT
    W. SWANRobert
    W. Swan

Director

3/8/2006/s/  ROBERT
    D. VANCERobert
    D. Vance

Director

3/8/2006/s/  MICHAEL
    T. VEAMichael
    T. Vea

Chairman, CEO, President and
    Director
    (Principal Executive Officer)

3/8/2006/s/  WILLIAM
    E. VIETHWilliam
    E. Vieth

Director

3/8/2006/s/  DANIEL
    T. WOLFEDaniel
    T. Wolfe

Director

3/8/2006  80




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##### Table of Contents



EXHIBIT INDEX
  ExhibitNumber

Description of Exhibit3(a) (i)

Restated Articles of Incorporation
    (incorporated by reference to Exhibit 3.1 to
    Form 8-A/A
    dated June 12, 1998)3(a)(ii)

Articles of Amendment dated
    May 17, 2000 (incorporated by reference to
    Exhibit 3(a) to Quarterly Report on
    Form 10-Q
    for the period ending September 30, 2000)3(a)(iii)

Articles of Amendment dated
    July 18, 2001 (incorporated by reference to
    Exhibit 4(a))3(b)

By-Laws (as amended through
    February 18, 2004)4(a)

Rights Agreement, dated
    July 18, 2001, between Integra Bank Corporation and Integra
    Bank N.A., as Rights Agent. The Rights Agreement includes the
    form of Articles of Amendment setting forth terms of
    Series A Junior Participating Preferred Stock as
    Exhibit A, the form of Right Certificate as Exhibit B
    and the Summary of Rights to Purchase Preferred Shares as
    Exhibit C (incorporated by reference to Exhibit 1 to
    the Current Report on
    Form 8-K
    dated July 18, 2001)4(b)

Amendment to Rights Agreement
    dated September 15, 2004, between Integra Bank Corporation
    and Integra Bank N.A., as Rights Agent (incorporated by
    reference to Exhibit 4.2 to the Current Report on
    Form 8-A/A
    dated September 16, 2004)10(a)*

Integra Bank Corporation
    Employees 401(K) Plan (2000 Restatement) (incorporated by
    reference to Exhibit 10(p) to Annual Report on
    Form 10-K
    for the fiscal year ended December 31, 2001)10(b)*

1999 Stock Option and Incentive
    Plan (incorporated by reference to Exhibit A to Proxy
    Statement on Schedule 14A filed April 24, 1999)10(c)*

Contract of Employment dated
    August 23, 1999, between National City Bancshares, Inc. and
    Michael T. Vea (incorporated by reference to Exhibit 10.1
    to Quarterly Report on
    Form 10-Q
    for the period ending September 30, 1999)10(d)*

Amendment to Contract of
    Employment dated September 20, 2000 between Integra Bank
    Corporation and Michael T. Vea (incorporated by reference to
    Exhibit 10(h) to Annual Report on
    Form 10-K
    for the fiscal year ended December 31, 2000)10(e)*

Nonqualified Stock Option
    Agreement (Non Plan) dated September 7, 1999, between
    National City Bancshares, Inc. and Michael T. Vea (incorporated
    by reference to Exhibit 10.3 to Quarterly Report on
    Form 10-Q
    for the period ending September 30, 1999)10(f)*

Employment Agreement dated
    July 28, 2003, between Integra Bank Corporation and Archie
    M. Brown, Jr. (incorporated by reference to
    Exhibit 10(a) to Quarterly Report on
    Form 10-Q
    for the period ended September 30, 2003)10(g)*

Employment Agreement dated
    July 28, 2003, between Integra Bank Corporation and Martin
    M. Zorn (incorporated by reference to Exhibit 10(c) to
    Quarterly Report on
    Form 10-Q
    for the period ended September 30, 2003)10(h)*

First Amendment to Integra Bank
    Corporation Employees 401(K) Plan dated March 7, 2001
    (incorporated by reference to Exhibit 10(q) to Annual
    Report on
    Form 10-K
    for the fiscal year ended December 31, 2001)10(i)*

Second Amendment to Integra Bank
    Corporation Employees 401(K) Plan dated October 17,
    2001 (incorporated by reference to Exhibit 10(r) to Annual
    Report on
    Form 10-K
    for the fiscal year ended December 31, 2001)10(j)*

Third Amendment to Integra Bank
    Corporation Employees 401(K) Plan dated January 30,
    2002 (incorporated by reference to Exhibit 10(s) to Annual
    Report on
    Form 10-K
    for the fiscal year ended December 31, 2001)10(k)*

2003 Stock Option and Incentive
    Plan (incorporated by reference to Exhibit B to Proxy
    Statement on Schedule 14A filed March 20, 2003)10(l)*

Executive Annual and Long-Term
    Incentive Plan (incorporated by reference to Exhibit 10.1
    to Quarterly Report on
    Form 10-Q
    for the period ended June 30, 2003)10(m)*

Form of Award Agreement for
    Nonqualified Stock Option Grant under 2003 Stock Option and
    Incentive Plan10(n)*

Form of Award Agreement for
    Incentive Stock Option Grant under 2003 Stock Option and
    Incentive Plan 81




---



##### Table of Contents



ExhibitNumber

Description of Exhibit10(o)*

Form of Award Agreement for
    Restricted Stock Grant under 2003 Stock Option and Incentive Plan10(p)*

Summary Sheet of 2006 Compensation10(q)*

Employment Agreement dated
    March 17, 2004, between Integra Bank Corporation and
    Michael B. Carroll21

Subsidiaries of the Registrant23

Consent of PricewaterhouseCoopers
    LLP31(a)

Certification pursuant to
    Section 302 of the Sarbanes-Oxley Act of 2002 of Chief
    Executive Officer31(b)

Certification pursuant to
    Section 302 of the Sarbanes-Oxley Act of 2002 of Chief
    Financial Officer32

Certification pursuant to
    Section 906 of the Sarbanes-Oxley Act of 2002     *
    
    The indicated exhibit is a management contract, compensatory
    plan or arrangement required to be filed by Item 601 of
    Regulation S-K. 82