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 Nov-96
Determination Date 12/9/96
Deposit Date 12/13/96
Distribution Date 12/16/96
Pool Balance on the close of the last day of the preceding
Collection Period 623,983,818.41
Less: Principal Collections 28,695,008.76
Purchase Amount allocable to Principal 0.00
Realized Losses 1,105,437.27
---------------
Pool Balance on the close of the last day of the Collection
Period 594,183,372.38
==============
Original Pool Balance 1,066,816,806.33
Pool Factor 55.69685%
Class A Certificate Balance
Beginning Class A Certificate Balance 605,264,303.85
Class A Principal Distribution to Class A Distribution
Account 28,906,432.65
--------------
Ending Class A Certificate Balance 576,357,871.20
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 55.69685%
Class B Certificate Balance
Beginning Class B Certificate Balance 18,719,514.56
Class B Principal Distribution to Class B Distribution
Account 894,013.38
--------------
Ending Class B Certificate Balance 17,825,501.18
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 55.69685%
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 5,162,356.81
Recoveries 58,374.13
Purchase Amount allocable to Interest 0.00
---------------
Total Interest Collections 5,220,730.94
Advances for the related Distribution Date 1,043,005.60
Less: Outstanding Advances to be reimbursed 763,093.33
---------------
Total Available Interest 5,500,643.21
Available Principal
Collections and Liquidation Proceeds allocable to Principal 28,695,008.76
Purchase Amount allocable to Principal 0.00
---------------
Total Available Principal 28,695,008.76
Deposit to Certificate Account
Available Interest 5,500,643.21
Available Principal 28,695,008.76
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 519,986.52
--------------
Net Deposit to Certificate Account 33,675,665.45
Class A Interest Distribution
Class A Monthly Interest 2,950,663.48
Class A Interest Carryover Shortfall 0.00
-------------
Total 2,950,663.48
Class B Interest Distribution
Class B Monthly Interest 93,597.57
Class B Interest Carryover Shortfall 0.00
-----------
Total 93,597.57
Class A Principal Distribution
Class A Monthly Principal 28,906,432.65
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
---------------
Total 28,906,432.65
Class B Principal Distribution
Class B Monthly Principal 894,013.38
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
-------------
Total 894,013.38
Basic Servicing Fee (inc. unpaid amount from prior periods) 519,986.52
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 519,986.52
Class A Interest Distribution to Class A Distribution Account 2,950,663.48
Class B Interest Distribution to Class B Distribution Account 93,597.57
Distributions of Available Principal, Remaining Available Interest
and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution Account 28,906,432.65
Class B Principal Distribution to Class B Distribution Account 894,013.38
To Reserve Account up to Specified Reserve Account Balance 830,958.37
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 29,709,168.62
(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 818,914,316.79
Specified Reserve Account Balance 29,709,168.62
Reserve Account
Beginning Balance 27,359,850.24
Deposit from Available Interest and Available Principal 830,958.37
Investment Earnings 105,711.32
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 67,316.59
Less: Withdrawal by Sellers of Excess of Reserve Account Balance
Over Specified Reserve Account Balance 0.00
Less: Withdrawal of Investment Earnings by Servicer 105,711.32
------------
Ending Balance 28,123,492.02
===============
Available Reserve Account Balance 27,359,850.24
Realized Losses 1,105,437.27
Net Loss Ratio (annualized)
For the current Collection Period 2.06%
For the preceding Collection Period 1.68%
For the second preceding Collection Period 1.59%
Average Net Loss Ratio (Specified Reserve Account Balance increases
if greater than 1.50%) 1.78%
Delinquency Analysis
Number of Loans
30 to 59 days past due 1,400
60 to 89 days past due 307
90 or more days past due 276
--------
Total 1,983
Principal Balance
30 to 59 days past due 13,474,474.32
60 to 89 days past due 3,135,149.42
90 or more days past due 3,004,574.05
---------------
Total 19,614,197.79
Delinquency Ratio
For the current Collection Period 1.03%
For the preceding Collection Period 0.95%
For the second preceding Collection Period 0.91%
Average Delinquency Ratio (Specified Reserve Account Balance increases if
greater than 1.25%) 0.96%
Collateral Repossessed and Held by the Trust
Number 194
Principal Balance 2,110,652.12
Weighted Average Computations
Weighted Average Coupon 10.50960%
Weighted Average Original Term 59.55
Weighted Average Remaining Term 37.10