Again, Improvement in a Couple of Areasbut overall still poor results in many other areas. The rate of increase in non-interest expenses has not slowed down and they are climbing much faster than revenues. The Bank continues to fund almost half their loan book with hot money from the wholesale market. This affects net interest margin in a very negative way and will get worse as rates increase. For most banks, increasing rates is good for their spreads, they won't be for CWB. Finally, the elevated loan losses, when almost all the other banks are lowering theirs, continues to be a concern. This is not a bank share I will be putting any money into for a while yet.