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 May-98
Determination Date 6/8/98
Deposit Date 6/12/98
Distribution Date 6/15/98
Pool Balance on the close of the last day of the preceding
Collection Period 214,327,484.24
Less: Principal Collections 13,873,278.20
Purchase Amount allocable to Principal 14,614.21
Realized Losses 414,018.34
----------------
Pool Balance on the close of the last day of the Collection
Period 200,025,573.49
================
Original Pool Balance 1,066,816,806.33
Pool Factor 18.74976%
Class A Certificate Balance
Beginning Class A Certificate Balance 207,897,659.71
Class A Principal Distribution to Class A Distribution
Account 13,872,853.43
----------------
Ending Class A Certificate Balance 194,024,806.28
Original Class A Certificate Balance 1,034,812,302.14
Class A Pool Factor 18.74976%
Class B Certificate Balance
Beginning Class B Certificate Balance 6,429,824.52
Class B Principal Distribution to Class B Distribution
Account 429,057.32
----------------
Ending Class B Certificate Balance 6,000,767.20
Original Class B Certificate Balance 32,004,504.19
Class B Pool Factor 18.74976%
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 1,769,546.29
Recoveries 178,565.97
Purchase Amount allocable to Interest 181.07
----------------
Total Interest Collections 1,948,293.33
Advances for the related Distribution Date 376,199.04
Less: Outstanding Advances to be reimbursed 259,672.37
----------------
Total Available Interest 2,064,820.00
Available Principal
Collections and Liquidation Proceeds allocable to
Principal 13,873,278.20
Purchase Amount allocable to Principal 14,614.21
----------------
Total Available Principal 13,887,892.41
Deposit to Certificate Account
Available Interest 2,064,820.00
Available Principal 13,887,892.41
Withdrawal from Reserve Account 0.00
Less: Basic Servicing Fee to be withheld from Collections 178,606.24
----------------
Net Deposit to Certificate Account 15,774,106.17
Class A Interest Distribution
Class A Monthly Interest 1,013,501.09
Class A Interest Carryover Shortfall 0.00
----------------
Total 1,013,501.09
Class B Interest Distribution
Class B Monthly Interest 32,149.12
Class B Interest Carryover Shortfall 0.00
----------------
Total 32,149.12
Class A Principal Distribution
Class A Monthly Principal 13,872,853.43
Class A Principal Carryover Shortfall from the
preceding Distribution Date 0.00
-----------------
Total 13,872,853.43
Class B Principal Distribution
Class B Monthly Principal 429,057.32
Class B Principal Carryover Shortfall from the
preceding Distribution Date 0.00
----------------
Total 429,057.32
Basic Servicing Fee (inc. unpaid amount from prior periods) 178,606.24
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 178,606.24
Class A Interest Distribution to Class A Distribution
Account 1,013,501.09
Class B Interest Distribution to Class B Distribution
Account 32,149.12
Distributions of Available Principal, Remaining Available
Interest and Remaining Available Reserve Amount
Class A Principal Distribution to Class A Distribution
Account 13,872,853.43
Class B Principal Distribution to Class B Distribution
Account 429,057.32
To Reserve Account up to Specified Reserve Account Balance 20,336.49
Any Remaining Amounts to Sellers 406,208.72
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 10,001,278.67
(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 255,169,094.88
Specified Reserve Account Balance 13,335,210.08
Reserve Account
Beginning Balance 13,335,210.08
Deposit from Available Interest and Available Principal 20,336.49
Investment Earnings 57,217.92
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 20,336.49
Less: Withdrawal by Sellers of Excess of Reserve Account
Balance Over Specified Reserve Account Balance 0.00
Less: Withdrawal of Investment Earnings by Servicer 57,217.92
----------------
Ending Balance 13,335,210.08
================
Available Reserve Account Balance 13,335,210.08
Realized Losses 414,018.34
Net Loss Ratio (annualized)
For the current Collection Period 1.36%
For the preceding Collection Period 2.70%
For the second preceding Collection Period 2.29%
Average Net Loss Ratio (Specified Reserve Account Balance
increases if greater than 1.50%) 2.12%
Delinquency Analysis
Number of Loans
30 to 59 days past due 970
60 to 89 days past due 207
90 or more days past due 153
----------------
Total 1,330
Principal Balance
30 to 59 days past due 6,770,373.91
60 to 89 days past due 1,460,924.51
90 or more days past due 1,307,030.11
-----------------
Total 9,538,328.53
Delinquency Ratio
For the current Collection Period 1.38%
For the preceding Collection Period 1.27%
For the second preceding Collection Period 1.31%
Average Delinquency Ratio (Specified Reserve Account Balance
increases if greater than 1.25%) 1.32%
Collateral Repossessed and Held by the Trust
Number 80
Principal Balance 659,979.32
Weighted Average Computations
Weighted Average Coupon 10.61850%
Weighted Average Original Term 61.64
Weighted Average Remaining Term 23.85