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 Feb-97
Determination Date 3/10/97
Deposit Date 3/14/97
Distribution Date 3/17/97
Pool Balance on the close of the last day of the preceding
Collection Period 536,627,108.88
Less: Principal Collections 26,503,052.09
Purchase Amount allocable to Principal 13,593.58
Realized Losses 1,222,737.33
----------------
Pool Balance on the close of the last day of the
Collection Period 508,887,725.88
================
Original Pool Balance 1,066,816,806.33
Pool Factor 47.70151%
Class A Certificate Balance
Beginning Class A Certificate Balance 520,528,295.61
Class A Principal Distribution to Class A Distribution Account 26,907,201.51
----------------
Ending Class A Certificate Balance 493,621,094.10
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 47.70151%
Class B Certificate Balance
Beginning Class B Certificate Balance 16,098,813.27
Class B Principal Distribution to Class B Distribution Account 832,181.49
--------------
Ending Class B Certificate Balance 15,266,631.78
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 47.70151%
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 4,530,429.88
Recoveries 110,414.21
Purchase Amount allocable to Interest 9.68
--------------
Total Interest Collections 4,640,853.77
Advances for the related Distribution Date 849,830.07
Less: Outstanding Advances to be reimbursed 697,951.79
--------------
Total Available Interest 4,792,732.05
Available Principal
Collections and Liquidation Proceeds allocable to Principal 26,503,052.09
Purchase Amount allocable to Principal 13,593.58
--------------
Total Available Principal 26,516,645.67
Deposit to Certificate Account
Available Interest 4,792,732.05
Available Principal 26,516,645.67
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 447,189.26
--------------
Net Deposit to Certificate Account 30,862,188.46
Class A Interest Distribution
Class A Monthly Interest 2,537,575.44
Class A Interest Carryover Shortfall 0.00
-------------
Total 2,537,575.44
Class B Interest Distribution
Class B Monthly Interest 80,494.07
Class B Interest Carryover Shortfall 0.00
----------
Total 80,494.07
Class A Principal Distribution
Class A Monthly Principal 26,907,201.51
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
--------------
Total 26,907,201.51
Class B Principal Distribution
Class B Monthly Principal 832,181.49
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
-----------
Total 832,181.49
Basic Servicing Fee (inc. unpaid amount from prior periods) 447,189.26
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 447,189.26
Class A Interest Distribution to Class A Distribution Account 2,537,575.44
Class B Interest Distribution to Class B Distribution Account 80,494.07
Distributions of Available Principal, Remaining Available Interest
and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution Account 26,907,201.51
Class B Principal Distribution to Class B Distribution Account 832,181.49
To Reserve Account up to Specified Reserve Account Balance 0.00
Any Remaining Amounts to Sellers 504,735.95
Specified Reserve Account Balance
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period times
reserve percentage applicable 25,444,386.29
(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 692,661,771.73
Specified Reserve Account Balance 25,444,386.29
Reserve Account
Beginning Balance 26,831,355.44
Deposit from Available Interest and Available Principal 0.00
Investment Earnings 102,304.59
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 70,313.68
Less: Withdrawal by Sellers of Excess of Reserve Account Balance Over
Specified Reserve Account Balance 1,316,655.47
Less: Withdrawal of Investment Earnings by Servicer 102,304.59
--------------
Ending Balance 25,444,386.29
Available Reserve Account Balance 25,444,386.29
Realized Losses 1,222,737.33
Net Loss Ratio (annualized)
For the current Collection Period 2.55%
For the preceding Collection Period 1.66%
For the second preceding Collection Period 1.40%
Average Net Loss Ratio (Specified Reserve Account Balance increases if
greater than 1.50%) 1.87%
Delinquency Analysis
Number of Loans
30 to 59 days past due 1,223
60 to 89 days past due 262
90 or more days past due 297
--------
Total 1,782
Principal Balance
30 to 59 days past due 11,088,027.37
60 to 89 days past due 2,495,315.84
90 or more days past due 2,946,954.05
---------------
Total 16,530,297.26
Delinquency Ratio
For the current Collection Period 1.07%
For the preceding Collection Period 1.20%
For the second preceding Collection Period 1.12%
Average Delinquency Ratio (Specified Reserve Account Balance
increases if greater than 1.25%) 1.13%
Collateral Repossessed and Held by the Trust
Number 193
Principal Balance 2,023,073.42
Weighted Average Computations
Weighted Average Coupon 10.52150%
Weighted Average Original Term 59.86
Weighted Average Remaining Term 34.93