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-98
Determination Date 4/8/98
Deposit Date 4/14/98
Distribution Date 4/15/98
Pool Balance on the close of the last day of the
preceding Collection Period 248,381,036.41
Less: Principal Collections 17,082,868.95
Purchase Amount allocable to Principal 0.00
Realized Losses 582,984.14
Pool Balance on the close of the last day of the
---------------
Collection Period 230,715,183.32
===============
Original Pool Balance 1,066,816,806.33
Pool Factor 21.62650%
Class A Certificate Balance
Beginning Class A Certificate Balance 240,929,605.32
Class A Principal Distribution to Class A
Distribution Account 17,135,877.50
----------------
Ending Class A Certificate Balance 223,793,727.82
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 21.62650%
Class B Certificate Balance
Beginning Class B Certificate Balance 7,451,431.09
Class B Principal Distribution to Class B
Distribution Account 529,975.59
--------------
Ending Class B Certificate Balance 6,921,455.50
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 21.62650%
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 2,186,847.79
Recoveries 125,443.94
Purchase Amount allocable to Interest 0.00
--------------
Total Interest Collections 2,312,291.73
Advances for the related Distribution Date 362,416.10
Less: Outstanding Advances to be reimbursed 368,051.43
-------------
Total Available Interest 2,306,656.40
Available Principal
Collections and Liquidation Proceeds allocable to Principal 17,082,868.95
Purchase Amount allocable to Principal 0.00
--------------
Total Available Principal 17,082,868.95
Deposit to Certificate Account
Available Interest 2,306,656.40
Available Principal 17,082,868.95
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 206,984.20
----------------
Net Deposit to Certificate Account 19,182,541.15
Class A Interest Distribution
Class A Monthly Interest 1,174,531.83
Class A Interest Carryover Shortfall 0.00
----------------
Total 1,174,531.83
Class B Interest Distribution
Class B Monthly Interest 37,257.16
Class B Interest Carryover Shortfall 0.00
-----------------
Total 37,257.16
Class A Principal Distribution
Class A Monthly Principal 17,135,877.50
Class A Principal Carryover Shortfall from the
preceding Distribution Date 0.00
-----------------
Total 17,135,877.50
Class B Principal Distribution
Class B Monthly Principal 529,975.59
Class B Principal Carryover Shortfall from the
preceding Distribution Date 0.00
----------------
Total 529,975.59
Basic Servicing Fee (inc. unpaid amount from prior periods) 206,984.20
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 206,984.20
Class A Interest Distribution to Class A
Distribution Account 1,174,531.83
Class B Interest Distribution to Class B
Distribution Account 37,257.16
Distributions of Available Principal, Remaining Available
Interest and Remaining Available Reserve Amount
Class A Principal Distribution to Class A
Distribution Account 17,135,877.50
Class B Principal Distribution to Class B
Distribution Account 529,975.59
To Reserve Account up to Specified Reserve Account Balance 31,226.94
Any Remaining Amounts to Sellers 273,672.13
Specified Reserve Account Balance 13,335,210.08
Greater of:
(a) Reserve percentage applicable 5.00%
Pool Balance on last day of Collection Period
times reserve percentage applicable 11,535,759.17
(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 296,962,238.54
Specified Reserve Account Balance 13,335,210.08
Reserve Account
Beginning Balance 13,335,210.08
Deposit from Available Interest and Available Principal 31,226.94
Investment Earnings 57,614.32
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 31,226.94
Less: Withdrawal by Sellers of Excess of Reserve Account
Balance Over Specified Reserve Account Balance 0.00
Less: Withdrawal of Investment Earnings by Servicer 57,614.32
------------------
Ending Balance 13,335,210.08
==================
Available Reserve Account Balance 13,335,210.08
Realized Losses 582,984.14
Net Loss Ratio (annualized)
For the current Collection Period 2.29%
For the preceding Collection Period 2.01%
For the second preceding Collection Period 2.95%
Average Net Loss Ratio (Specified Reserve Account Balance
increases if greater than 1.50%) 2.42%
Delinquency Analysis
Number of Loans
30 to 59 days past due 984
60 to 89 days past due 167
90 or more days past due 216
-------------
Total 1,367
Principal Balance
30 to 59 days past due 7,340,561.71
60 to 89 days past due 1,241,475.82
90 or more days past due 1,780,749.85
-------------
Total 10,362,787.38
Delinquency Ratio
For the current Collection Period 1.31%
For the preceding Collection Period 1.47%
For the second preceding Collection Period 1.58%
Average Delinquency Ratio (Specified Reserve Account
Balance increases if greater than 1.25%) 1.45%
Collateral Repossessed and Held by the Trust
Number 125
Principal Balance 1,005,219.15
Weighted Average Computations
Weighted Average Coupon 10.60500%
Weighted Average Original Term 61.37
Weighted Average Remaining Term 25.34