Integrity Financial Corp. Third Quarter Earnings Release

Integrity Financial Corp. Third Quarter Earnings Release 


HICKORY, N.C., Oct. 28  /PRNewswire-FirstCall/ -- Integrity Financial
Corporation (NASDAQ:IFCB), a financial services holding company doing business
under the bank names of Catawba Valley Bank, Hickory, North Carolina and First
Gaston Bank, Gastonia, North Carolina announced third quarter earnings of
$1,396,770 or $0.30 per share.  This compares to $1,161,113 or $0.23 per share
for the comparable period in 2003, a 20 percent increase.

For the nine months ending September 30, 2004, the holding company's earnings
were $3,841,184 or $0.83 per share compared to the nine month earnings from the
comparable period in 2003 of $3,693,132 or $0.76 per share a 4 percent
increase.

The Company's assets grew from $629.7 million at December 31, 2003 to $675.1
million at September 30, 2004, an increase of 7.21 percent.  Loans increased
from $463.4 million to $499.7 or 7.83 percent for the period, while deposits
grew 9.01 percent from $498.0 to $542.8 million at September 30, 2004.

President and CEO, R. Steve Aaron attributes the increased earnings to the
opening of three branches in key locations, asset growth combined with improved
interest margins and efficiencies gained from centralizing back office
departments.

Questions about this release can be directed to Susan Mikels at [phone].


DATASOURCE: Integrity Financial Corporation



CONTACT:  R. Steve Aaron, President and CEO of Integrity Financial

Corporation, [phone]



Web site:  http://www.catawbavalleybank.com/ 

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