Exhibit 99
MONTHLY SERVICERS CERTIFICATE
SERVICER: NATIONSBANK, N.A.
NATIONSBANK AUTO TRUST 1995-A
Pursuant to the Pooling and Servicing Agreement, dated as of December 6, 1995
(as amended and supplemented, the "Pooling and Servicing Agreement") between
NationsBank, N.A., NationsBank of Georgia,N.A.
NationsBank of Florida, N.A., and NationsBank of Texas, N.A. (as "Sellers");
NationsBank N.A. (as "Servicer"); and Chemical Bank (as "Trustee"), the
Servicer is required to prepare certain information each month regarding
distributions to Certificateholders' and the performance of the Trust. The
information with respect to the applicable Distribution Date and Due Period is
set forth below.
Collection Period Oct-96
Determination Date 11/7/96
Deposit Date 11/14/96
Distribution Date 11/15/96
Pool Balance on the close of the last day of the preceding
Collection Period 658,262,835.84
Less: Principal Collections 33,329,569.10
Purchase Amount allocable to Principal 0.00
Realized Losses 949,448.33
-----------------
Pool Balance on the close of the last day of the
Collection Period 623,983,818.41
Original Pool Balance 1,066,816,806.33
Pool Factor 58.49025%
Class A Certificate Balance
Beginning Class A Certificate Balance 638,514,950.76
Class A Principal Distribution to Class A Distribution
Account 33,250,646.91
-----------------
Ending Class A Certificate Balance 605,264,303.85
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 58.49025%
Class B Certificate Balance
Beginning Class B Certificate Balance 19,747,885.08
Class B Principal Distribution to Class B Distribution Account 1,028,370.52
--------------
Ending Class B Certificate Balance 18,719,514.56
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 58.49025%
Class A Pass-Through Rate 5.8500%
Class B Pass-Through Rate 6.0000%
Class A Percentage 97.0000%
Class B Percentage 3.0000%
Available Interest
Collections and Liquidation Proceeds allocable to interest 5,870,364.50
Recoveries 53,586.73
Purchase Amount allocable to Interest 0.00
---------------
Total Interest Collections 5,923,951.23
Advances for the related Distribution Date 852,861.93
Less: Outstanding Advances to be reimbursed 984,407.78
--------------
Total Available Interest 5,792,405.38
Available Principal
Collections and Liquidation Proceeds allocable to Principal 33,329,569.10
Purchase Amount allocable to Principal 0.00
----------------
Total Available Principal 33,329,569.10
Deposit to Certificate Account
Available Interest 5,792,405.38
Available Principal 33,329,569.10
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 548,552.36
--------------
Net Deposit to Certificate Account 38,573,422.12
Class A Interest Distribution
Class A Monthly Interest 3,112,760.38
Class A Interest Carryover Shortfall 0.00
--------------
Total 3,112,760.38
Class B Interest Distribution
Class B Monthly Interest 98,739.43
Class B Interest Carryover Shortfall 0.00
------------------
Total 98,739.43
Class A Principal Distribution
Class A Monthly Principal 33,250,646.91
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
----------------
Total 33,250,646.91
Class B Principal Distribution
Class B Monthly Principal 1,028,370.52
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
---------------
Total 1,028,370.52
Basic Servicing Fee (inc. unpaid amount from prior periods) 548,552.36
Distributions to the extent of Available Interest and
Available Reserve Amount (and Class B Percentage of
Available Principal with respect to Class A Interest Distribution)
Unpaid Basic Servicing Fee to Servicer 548,552.36
Class A Interest Distribution to Class A Distribution Account 3,112,760.38
Class B Interest Distribution to Class B Distribution Account 98,739.43
Distributions of Available Principal, Remaining Available Interest
and Remaining Available Reserve Amount Class A Principal
Distribution to Class A Distribution Account 33,250,646.91
Class B Principal Distribution to Class B Distribution Account 1,028,370.52
To Reserve Account up to Specified Reserve Account Balance 1,082,904.88
Any Remaining Amounts to Sellers 0.00
Specified Reserve Account Balance
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period times reserve
percentage applicable 31,199,190.92
(b) Lesser of: Deposit from Available Interest and Available Principal
(i) floor amount stated or 13,335,210.08
(ii) Pool Balance on last day of Collection Period
plus interest through Scheduled Distribution Date 863,735,616.56
Specified Reserve Account Balance 31,199,190.92
Reserve Account
Beginning Balance 26,330,513.43
Deposit from Available Interest and Available Principal 1,082,904.88
Investment Earnings 109,270.37
Less: Withdrawal from Reserve Account and deposit to Certificate
Account to cover:
Accrued and unpaid Basic Servicing Fees 0.00
Amounts to be distributed to Certificateholders' 0.00
Reimb. to Servicer for Outstanding Advances associated with
Defaulted Accounts
Defaulted Accounts 53,568.07
Less: Withdrawal by Sellers of Excess of Reserve Account
Balance Over Specified Reserve Account Balance 0.00
Less: Withdrawal of Investment Earnings by Servicer 109,270.37
------------
Ending Balance 27,359,850.24
Available Reserve Account Balance 26,330,513.43
Realized Losses 949,448.33
Net Loss Ratio (annualized)
For the current Collection Period 1.68%
For the preceding Collection Period 1.59%
For the second preceding Collection Period 1.45%
Average Net Loss Ratio (Specified Reserve Account Balance
increases if greater than 1.50%) 1.57%
Delinquency Analysis
Number of Loans
30 to 59 days past due 1,479
60 to 89 days past due 269
90 or more days past due 285
---------
Total 2,033
Principal Balance
30 to 59 days past due 14,857,540.72
60 to 89 days past due 2,869,262.29
90 or more days past due 3,064,450.37
-------------------
Total 20,791,253.38
Delinquency Ratio
For the current Collection Period 0.95%
For the preceding Collection Period 0.91%
For the second preceding Collection Period 0.84%
Average Delinquency Ratio (Specified Reserve Account Balance
increases if greater than 1.25%) 0.90%
Collateral Repossessed and Held by the Trust
Number 208
Principal Balance 2,197,353.84
Weighted Average Computations
Weighted Average Coupon 10.50790%
Weighted Average Original Term 59.46
Weighted Average Remaining Term 37.81