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 Apr-97
Determination Date 5/8/97
Deposit Date 5/14/97
Distribution Date 5/15/97
Pool Balance on the close of the last day of the preceding
Collection Period 480,453,994.98
Less: Principal Collections 25,568,422.86
Purchase Amount allocable to Principal 0.00
Realized Losses 877,744.03
--------------
Pool Balance on the close of the last day of the Collection
Period 454,007,828.09
===================
Original Pool Balance 1,066,816,806.33
Pool Factor 42.55724%
Class A Certificate Balance
Beginning Class A Certificate Balance 466,040,375.13
Class A Principal Distribution to Class A Distribution
Account 25,652,781.88
------------------
Ending Class A Certificate Balance 440,387,593.25
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 42.55724%
Class B Certificate Balance
Beginning Class B Certificate Balance 14,413,619.85
Class B Principal Distribution to Class B Distribution
Account 793,385.01
----------------
Ending Class B Certificate Balance 13,620,234.84
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 42.55724%
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 4,077,603.88
Recoveries 40,665.20
Purchase Amount allocable to Interest 0.00
-------------
Total Interest Collections 4,118,269.08
Advances for the related Distribution Date 706,286.54
Less: Outstanding Advances to be reimbursed 586,019.37
--------------
Total Available Interest 4,238,536.25
Available Principal
Collections and Liquidation Proceeds allocable to Principal 25,568,422.86
Purchase Amount allocable to Principal 0.00
-------------
Total Available Principal 25,568,422.86
Deposit to Certificate Account
Available Interest 4,238,536.25
Available Principal 25,568,422.86
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 400,378.33
--------------
Net Deposit to Certificate Account 29,406,580.78
Class A Interest Distribution
Class A Monthly Interest 2,271,946.83
Class A Interest Carryover Shortfall 0.00
----------------
Total 2,271,946.83
Class B Interest Distribution
Class B Monthly Interest 72,068.10
Class B Interest Carryover Shortfall 0.00
------------
Total 72,068.10
Class A Principal Distribution
Class A Monthly Principal 25,652,781.88
Class A Principal Carryover Shortfall from the preceding
Distribution Date 0.00
-------------
Total 25,652,781.88
Class B Principal Distribution
Class B Monthly Principal 793,385.01
Class B Principal Carryover Shortfall from the preceding
Distribution Date 0.00
------------
Total 793,385.01
Basic Servicing Fee (inc. unpaid amount from prior periods) 400,378.33
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 400,378.33
Class A Interest Distribution to Class A Distribution Account 2,271,946.83
Class B Interest Distribution to Class B Distribution Account 72,068.10
Distributions of Available Principal, Remaining Available
Interest and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution
Account 25,652,781.88
Class B Principal Distribution to Class B Distribution Account 793,385.01
To Reserve Account up to Specified Reserve Account Balance 0.00
Any Remaining Amounts to Sellers 616,398.96
Specified Reserve Account Balance
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period times
reserve percentage applicable 22,700,391.40
(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 612,932,808.09
Specified Reserve Account Balance 22,700,391.40
Reserve Account
Beginning Balance 24,022,699.75
Deposit from Available Interest and Available Principal 0.00
Investment Earnings 103,225.32
--------------
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 53,792.49
Less: Withdrawal by Sellers of Excess of Reserve Account
Balance Over Specified Reserve Account Balance 1,268,515.86
Less: Withdrawal of Investment Earnings by Servicer 103,225.32
------------
Ending Balance 22,700,391.40
===============
Available Reserve Account Balance 22,700,391.40
Realized Losses
Net Loss Ratio (annualized)
For the current Collection Period 2.15%
For the preceding Collection Period 1.39%
For the second preceding Collection Period 2.55%
Average Net Loss Ratio (Specified Reserve Account Balance
increases if greater than 1.50%) 2.03%
Delinquency Analysis
Number of Loans
30 to 59 days past due 1,171
60 to 89 days past due 273
90 or more days past due 237
--------
Total 1,681
Principal Balance
30 to 59 days past due 10,433,930.30
60 to 89 days past due 2,471,542.27
90 or more days past due 2,419,111.42
---------------
Total 15,324,583.99
Delinquency Ratio
For the current Collection Period 1.08%
For the preceding Collection Period 1.01%
For the second preceding Collection Period 1.07%
Average Delinquency Ratio (Specified Reserve Account Balance
increases if greater than 1.25%) 1.05%
Collateral Repossessed and Held by the Trust
Number 165
Principal Balance 1,721,600.22
Weighted Average Computations
Weighted Average Coupon 10.53620%
Weighted Average Original Term 60.07
Weighted Average Remaining Term 33.49