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 Mar-97
Determination Date 4/8/97
Deposit Date 4/14/97
Distribution Date 4/15/97
Pool Balance on the close of the last day of the preceding
Collection Period 508,887,725.88
Less: Principal Collections 27,765,112.21
Purchase Amount allocable to Principal 0.00
Realized Losses 668,618.69
-----------------
Pool Balance on the close of the last day of the
Collection Period 480,453,994.98
================
Original Pool Balance 1,066,816,806.33
Pool Factor 45.03622%
Class A Certificate Balance
Beginning Class A Certificate Balance 493,621,094.10
Class A Principal Distribution to Class A Distribution Account 27,580,718.97
----------------
Ending Class A Certificate Balance 466,040,375.13
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 45.03622%
Class B Certificate Balance
Beginning Class B Certificate Balance 15,266,631.78
Class B Principal Distribution to Class B Distribution Account 853,011.93
-------------
Ending Class B Certificate Balance 14,413,619.85
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 45.03622%
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 4,297,160.95
Recoveries 94,542.99
Purchase Amount allocable to Interest 0.00
-------------
Total Interest Collections 4,391,703.94
Advances for the related Distribution Date 778,161.46
Less: Outstanding Advances to be reimbursed 629,073.59
------------
Total Available Interest 4,540,791.81
Available Principal
Collections and Liquidation Proceeds allocable to Principal 27,765,112.21
Purchase Amount allocable to Principal 0.00
-------------
Total Available Principal 27,765,112.21
Deposit to Certificate Account
Available Interest 4,540,791.81
Available Principal 27,765,112.21
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 424,073.10
-------------
Net Deposit to Certificate Account 31,881,830.92
Class A Interest Distribution
Class A Monthly Interest 2,406,402.83
Class A Interest Carryover Shortfall 0.00
-------------
Total 2,406,402.83
Class B Interest Distribution
Class B Monthly Interest 76,333.16
Class B Interest Carryover Shortfall 0.00
---------
Total 76,333.16
Class A Principal Distribution
Class A Monthly Principal 27,580,718.97
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
-------------
Total 27,580,718.97
Class B Principal Distribution
Class B Monthly Principal 853,011.93
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
----------
Total 853,011.93
Basic Servicing Fee (inc. unpaid amount from prior periods) 424,073.10
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 424,073.10
Class A Interest Distribution to Class A Distribution Account 2,406,402.83
Class B Interest Distribution to Class B Distribution Account 76,333.16
Distributions of Available Principal, Remaining Available Interest
and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution Account 27,580,718.97
Class B Principal Distribution to Class B Distribution Account 853,011.93
To Reserve Account up to Specified Reserve Account Balance 0.00
Any Remaining Amounts to Sellers 965,364.03
Specified Reserve Account Balance
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period times reserve
percentage applicable 24,022,699.75
(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 651,343,227.72
Specified Reserve Account Balance 24,022,699.75
Reserve Account
Beginning Balance 25,444,386.29
Deposit from Available Interest and Available Principal 0.00
Investment Earnings 0.00
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 42,992.63
Less: Withdrawal by Sellers of Excess of Reserve Account Balance Over
Specified Reserve Account Balance 1,378,693.91
Less: Withdrawal of Investment Earnings by Servicer 109,536.15
-------------
Ending Balance 24,022,699.75
=============
Available Reserve Account Balance 24,022,699.75
Realized Losses 668,618.69
Net Loss Ratio (annualized)
For the current Collection Period 1.39%
For the preceding Collection Period 2.55%
For the second preceding Collection Period 1.66%
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 1,329
60 to 89 days past due 229
90 or more days past due 272
-------
Total 1,830
Principal Balance
30 to 59 days past due 12,011,045.58
60 to 89 days past due 2,118,214.20
90 or more days past due 2,723,098.88
--------------
Total 16,852,358.66
Delinquency Ratio
For the current Collection Period 1.01%
For the preceding Collection Period 1.07%
For the second preceding Collection Period 1.20%
Average Delinquency Ratio (Specified Reserve Account Balance increases if
greater than 1.25%) 1.09%
Collateral Repossessed and Held by the Trust
Number 191
Principal Balance 1,902,179.23
Weighted Average Computations
Weighted Average Coupon 10.52800%
Weighted Average Original Term 59.96
Weighted Average Remaining Term 34.19