Question-and-Answer Session
Operator
(Operator Instructions). We will go first to David Burtzlaff with Stephens Incorporated.
David Burtzlaff - Stephens Incorporated
Good morning, Sandy and guys great quarter here.
Sandy McLean
Thank you.
David Burtzlaff - Stephens Incorporated
I just have a few questions. First, Sandy, do you have the amount of principal repayments on loans in the quarter?
Sandy McLean
Principal repayments, I do not. I mean, the numbers are extremely large. We have access to that information, but what we report basically is the change in our net loans. We have a very fluid portfolio as you know with, we have a small loan that has a lot of refinancing and the track, we have actually reported true principal repayments.
David Burtzlaff - Stephens Incorporated
Okay.
Sandy McLean
So I mean it's a number that, it is extremely large.
David Burtzlaff - Stephens Incorporated
Okay. You said you expected losses to improve going forward. I mean are you looking at year-over-year improvements? Do you think that is sustainable this year or are we still going to see higher loss provisions into 2010?
Sandy McLean
I mean that's an extremely tricky question from a, it's not tricky, but it's very difficult to answer. But all I can say is that we saw improvement at the end of March regarding some of our delinquencies and some of our expected charge-offs. But whether, I certainly believe you will see an improvement in our year-over-year increases and it's hopeful even that we can get back to close to the level of charge-offs that we saw last year. But it's certainly unlikely for us to get back to historical levels in the foreseeable future.
David Burtzlaff - Stephens Incorporated
Okay. Then finally, you talked about you think Mexico will be profitable this year. Do you kind of have a range of what that could be?
Sandy McLean
No, it would be dangerous to predict that but I know with our aggressive growth over the last three years, its certainly had a pretty major impact on the ability to show positive earnings. But to quantify what we expect at this point would, I just would not feel comfortable doing.
David Burtzlaff - Stephens Incorporated
Okay, all right, thank you very much.
Operator
We will go next to John Rowan, Sidoti & Company.
John Rowan - Sidoti & Company
Good morning. Have you guys seen any decrease in foot traffic down in Mexico given some of the issues that are going on down there?
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