January brought a mixed bag of results for American Express (NYSE:AXP). The credit card company witnessed a slight uptick in delinquency rates for its U.S. consumer and small business card businesses, paired with a decline in net charge-off rates.

The U.S. consumer card delinquency rate inched up to 1.5% from 1.4% in December, settling just below the 1.6% rate recorded in January 2020. Despite this, the net charge-off rate dropped to 2.1% from 2.5% in the previous month, showcasing an improvement compared to the 2.3% rate from four years prior.

American Express’s U.S. consumer card lending also experienced a shift, dipping 2.5% in January to $71.3B when compared to December, but rising impressively by 14% from the figures reported a year ago.

American Express’s U.S. small business card delinquency rate followed suit, ticking up to 1.5% from 1.4% in December, while the net write-off rate slipped to 2.1% from 2.2% in the prior month. Contributing to this pattern, the total loans for business cards saw an increase, climbing from $25.8B to $26.2B.