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 Jan-97
Determination Date 2/10/97
Deposit Date 2/14/97
Distribution Date 2/18/97
Pool Balance on the close of the last day of the preceding
Collection Period 565,402,456.51
Less: Principal Collections 27,866,329.15
Purchase Amount allocable to Principal 38,616.95
Realized Losses 870,401.53
----------------
Pool Balance on the close of the last day of the Collection
Period 536,627,108.88
================
Original Pool Balance 1,066,816,806.33
Pool Factor 50.30171%
Class A Certificate Balance
Beginning Class A Certificate Balance 548,440,382.81
Class A Principal Distribution to Class A Distribution Account 27,912,087.20
--------------
Ending Class A Certificate Balance 520,528,295.61
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 50.30171%
Class B Certificate Balance
Beginning Class B Certificate Balance 16,962,073.70
Class B Principal Distribution to Class B Distribution Account 863,260.43
-------------
Ending Class B Certificate Balance 16,098,813.27
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 50.30171%
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 5,103,002.75
Recoveries 108,435.14
Purchase Amount allocable to Interest 412.10
-------------
Total Interest Collections 5,211,849.99
Advances for the related Distribution Date 781,193.72
Less: Outstanding Advances to be reimbursed 947,899.93
--------------
Total Available Interest 5,045,143.78
Available Principal
Collections and Liquidation Proceeds allocable to Principal 27,866,329.15
Purchase Amount allocable to Principal 38,616.95
--------------
Total Available Principal 27,904,946.10
Deposit to Certificate Account
Available Interest 5,045,143.78
Available Principal 27,904,946.10
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 471,168.71
--------------
Net Deposit to Certificate Account 32,478,921.17
Class A Interest Distribution
Class A Monthly Interest 2,673,646.87
Class A Interest Carryover Shortfall 0.00
-----------------
Total 2,673,646.87
Class B Interest Distribution
Class B Monthly Interest 84,810.37
Class B Interest Carryover Shortfall 0.00
----------
Total 84,810.37
Class A Principal Distribution
Class A Monthly Principal 27,912,087.20
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
---------------
Total 27,912,087.20
Class B Principal Distribution
Class B Monthly Principal 863,260.43
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
------------
Total 863,260.43
Basic Servicing Fee (inc. unpaid amount from prior periods) 471,168.71
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 471,168.71
Class A Interest Distribution to Class A Distribution Account 2,673,646.87
Class B Interest Distribution to Class B Distribution Account 84,810.37
Distributions of Available Principal, Remaining Available Interest
and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution Account 27,912,087.20
Class B Principal Distribution to Class B Distribution Account 863,260.43
To Reserve Account up to Specified Reserve Account Balance 0.00
Any Remaining Amounts to Sellers 945,116.30
Specified Reserve Account Balance
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period times reserve
percentage applicable 26,831,355.44
(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 733,240,364.23
Specified Reserve Account Balance 26,831,355.44
Reserve Account
Beginning Balance 28,270,122.83
Deposit from Available Interest and Available Principal 0.00
Investment Earnings 116,414.27
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 51,445.22
Less: Withdrawal by Sellers of Excess of Reserve Account Balance
Over Specified Reserve Account Balance 1,387,322.17
Less: Withdrawal of Investment Earnings by Servicer 116,414.27
--------------
Ending Balance 26,831,355.44
Available Reserve Account Balance 26,831,355.44
Realized Losses 870,401.53
Net Loss Ratio (annualized)
For the current Collection Period 1.66%
For the preceding Collection Period 1.40%
For the second preceding Collection Period 2.06%
Average Net Loss Ratio (Specified Reserve Account Balance increases if
greater than 1.50%) 1.71%
Delinquency Analysis
Number of Loans
30 to 59 days past due 1,515
60 to 89 days past due 329
90 or more days past due 326
----------
Total 2,170
Principal Balance
30 to 59 days past due 14,181,926.40
60 to 89 days past due 3,168,720.52
90 or more days past due 3,244,326.29
--------------
Total 20,594,973.21
Delinquency Ratio
For the current Collection Period 1.20%
For the preceding Collection Period 1.12%
For the second preceding Collection Period 1.03%
Average Delinquency Ratio (Specified Reserve Account Balance increases
if greater than 1.25%) 1.12%
Collateral Repossessed and Held by the Trust
Number 237
Principal Balance 2,362,761.06
Weighted Average Computations
Weighted Average Coupon 10.52010%
Weighted Average Original Term 59.75
Weighted Average Remaining Term 35.64