Delinquencies in closed-end loans and bank cards ticked up slightly in the fourth quarter of 2014, but still hovered around record lows, according to a recent bulletin from the American Bankers Association (ABA).

According to the ABA’s consumer credit delinquency bulletin, delinquencies in seven of the 11 total categories fell during the fourth quarter.

“As credit access and consumer spending increase, the overwhelming majority of cardholders continue to pay off or pay down their balances month after month,” the ABA’s chief economist James Chessen said in a statement. “We expect this trend to continue as consumers remain laser-focused on keeping debt at manageable levels.”

The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, rose three basis points to 1.54 percent of all accounts – well under the 15-year average of 2.29 percent. The ABA report defines a delinquency as a late payment that is 30 days or more overdue.

Bank card delinquencies ticked up slightly in the fourth quarter, rising one basis point to 2.52 percent of all accounts. They remain well below their 15-year average of 3.75 percent and have varied by only 14 basis points since the fourth quarter of 2012. Non-card revolving delinquencies also increased from 1.68 percent to 1.8 percent. Indirect auto loan delinquencies increased to 1.53 percent, from 1.51 percent, and property improvement loan delinquencies increased to 0.93 percent from 0.82 percent.