Net impaired loans increased by $84.7 million to $526.6 million, primarily due to increases in commercial lending and equipment finance, though the bank does not expect to incur losses on these loans. "We've built a resilient and diverse business model that should gain even more traction as economic activity improves and we enter a lower rate environment with higher consumer confidence. "We remain focused on allocating capital to benefit long-term franchise value, while increasing our emphasis on business mix and operational effectiveness as we scale EQB."