EXHIBIT 21 Subsidiaries of NationsBank Corporation and Its Subsidiaries at 02/28/97 (100% Owned by NationsBank Corporation Unless Otherwise Noted) *indicates location of corporate records ASB Capital Management, Inc. Atlantic Equity Corporation GLM Investments, Inc. 1 Blue Ridge Investments, L.L.C. 2 Carolina Mountain Holding Company CSF Holdings, Inc. Citizens Travel, Inc. 3 Citizens Financial Services, Inc. 3 Equitable Service Corporation 4 Transtex Management Company 4 Equitable Bancorporation Overseas Finance N.V. Export Funding Corporation MAR, Inc. MN World Trade Corporation MNC Affiliates Group, Inc. MNC American Corporation 5 MNC Credit Corp 5 A/M Properties, Inc. 6 American Financial Service Group, Inc. (LEASEFIRST)6 Maryland National Realty Investors, Inc. 6 Maryland National Leasing Services Corporation 6 MNC Capital Corporation 6 NationsCredit Corporation NationsCredit Commercial Corporation 7 ALS II, Inc. 8 ALS Superior, Inc. 8 BJCC, Inc. 8 JCCA, Inc. 8 BIRMSON, L.L.C.9 Cape Canterbury, Ltd. 8 LDI Corporation 8 NationsCredit Commercial Corporation of America 8 Ariens Credit Corporation 10 Gravely Credit Corporation 10 Korg Acceptance Corporation 10 Mercury Marine Acceptance Corporation 10 NationsCredit Commercial Corporation Ltd. 10 NationsCredit Marine Funding Corporation 10 NationsCredit Securitization Corporation 10 NIMAC Finance Corp. 10 Sea Ray Credit Corporation 10 Winnebago Acceptance Corporation 10 USW SIS I, Inc. 8 USW SIS II, Inc. 8 NationsCredit Consumer Corporation 7 NationsCredit Acceptance Corporation 11 NationsCredit Consumer Discount Company 11 1 NationsCredit Consumer Services, Inc. 11 NationsCredit Finance Group Inc. 11 NationsCredit Financial Acceptance Corporation 11 NationsCredit Financial Services Corporation 11 NationsCredit Financial Services Corporation of Alabama 11 NationsCredit Financial Services Corporation of America 11 NationsCredit Financial Services Corporation of Florida 11 NationsCredit Mortgage Corporation of Florida 12 NationsCredit Financial Services Corporation of Nevada 11 NationsCredit Financial Services Corporation of Virginia 11 NationsCredit Home Equity Corporation of Kentucky 11 NationsCredit Home Equity Corporation of Virginia 11 NationsCredit Home Equity Services Corporation 11 Canterbury Indiana Holdings, Inc. 13 NationsCredit Insurance Agency, Inc. 11 NationsCredit Insurance Corporation 11 NationsCredit Manufactured Housing Corporation 11 NationsCredit Management Corporation 7 NationsBanc Business Credit, Inc. NationsBanc Capital Markets, Inc. NationsBanc Capital Markets International Limited NationsBanc-CRT Services, Inc. NationsBanc Mortgage Capital Corporation NationsCommercial Corp. 14 NationsLink Funding Corporation 14 Tryon Mortgage Funding, Inc. 14 NB Capital Trust I NB Capital Trust II NB Capital Trust III NB Holdings Corporation BBI Kansas, Inc. 15 Boatmen's National Bank 16 M & M Realty, Inc. 17 Midwest Realty & Management, Inc. 17 Boatmen's National Bank of Oklahoma 18 Bank IV Securities Inc. 19 Bank Marketing Systems 19 CSI Holdings, Inc. 19 Consolidated Asset Management Company, Inc. 19 Maywell Mark Corporation 19 OA Management, Inc. 19 Quatro I, Inc. 19 Rockwell Resources, Inc. 19 Townsite Plaza Development, Inc. 19 Boatmen's Trust Company of Kansas 16 Bank IV Community Development Corporation 16 Bank IV Affordable Housing Corporation 16 Fourth Investment Advisors, Inc. 16 IV Commercial Acquisition, Inc. 16 IV CB&T Tulsa Holdings Inc. 20 Boatmen's Arkansas, Inc. 15 Boatmen's Bank of Northeast Arkansas 21 Citizens Advisory Group, Inc. 22 2 Citizens Real Estate, Inc. 22 Boatmen's National Bank of Arkansas 21 Boatmen's Investment Services of Arkansas, Inc. 23 U.N. Service Corporation 23 The Union Modern Mortgage Corporation 23 Worthen Mortgage Company 23 Boatmen's National Bank of Batesville 21 Boatmen's National Bank of Conway 21 Boatmen's National Bank of Hot Springs 21 WHS Appraisal Corp. 24 Boatmen's National Bank of Newark 21 Boatmen's National Bank of North Central Arkansas 21 Boatmen's National Bank of Northwest Arkansas 21 Boatmen's National Bank of Pine Bluff 21 Boatmen's National Bank of Russellville 21 Boatmen's National Bank of South Arkansas 21 Worthen Financial Corporation 21 Boatmen's National Bank of Austin 25 Boatmen's Trust Company of Arkansas 21 National Credit Corporation 21 Worthen Development Corporation, Inc. 21 Boatmen's Bancshares of Iowa, Inc. 15 Boatmen's Building Corporation of Iowa, Inc. 26 FKF, Inc. 26 Boatmen's Bank Iowa, N.A. 26 Boatmen's of Iowa Investments, Inc. 27 Boatmen's Bank of Fort Dodge 26 Boatmen's of Fort Dodge Investments, Inc. 28 Boatmen's National Bank of Northwest Iowa 26 Boatmen's of Northwest Iowa Investments, Inc. 29 Boatmen's Bank of North Iowa 26 Boatmen's of North Iowa Investments, Inc. 30 Boatmen's Insurance Services of Iowa, Inc. 30 Boatmen's Bank of Franklin County 15 Boatmen's Bank of Kennett 15 Boatmen's Bank of Marshall 15 Boatmen's Bank of Mid-Missouri 15 Boatmen's Bank of Pulaski County 15 Boatmen's Bank of Quincy 15 Boatmen's Bank of Rolla 15 Boatmen's Bank of Southern Missouri 15 Finance Investment Company 31 Boatmen's Bank of Southwest Missouri 15 Boatmen's Bank of Tennessee 15 Boatmen's Financial Services, Inc. 32 200 Madison Ave. Realty Corp. 32 Boatmen's Bank of Troy 15 Boatmen's Bank of Vandalia 15 Boatmen's Credit Card Bank 15 Boatmen's First National Bank of West Plains 15 Boatmen's-Illinois, Inc. 15 3 Boatmen's Bank of South Central Illinois 33 Boatmen's National Bank of Boonville 15 Boatmen's National Bank of Cape Girardeau 15 Boatmen's National Bank of Central Illinois 15 Boatmen's National Bank of Coles County 15 Boatmen's National Bank of Lebanon 15 The Boatmen's National Bank of St. Louis 15 BNB Auto, Inc. 34 Arkansas Home Loan Company 34 National Home Loan Company, Inc. 34 National Home Loan Company of Mississippi, Inc. 34 4625 Lindell Corp. 34 Guardian Property, Inc. 34 Des Peres Banc Corporation 34 First of St. Louis Commercial Leasing Corp. 34 G.B.C. Properties, Inc. 34 Boatmen's Equipment Finance, Inc.34 First Revitalization Corp. 34 Boatmen's Investment Services, Inc. 34 Market Street Securities, Inc. 35 BBI Merchant Processing Company, LLC 36 Boatmen's POS Merchant Processing Company, LLC 37 Plaza Associates 34 St. Louis Investment Properties, Inc. 34 Bonhomme Place Associates, Inc. 38 Marbel Homes, Inc. 34 Boatmen's National Mortgage, Inc. 39 Boatmen's Foreign Investment Corporation 34 Savannah International Sales, Inc. 40 Tyler International Sales, Inc. 40 Boatmen's Osage Bank 15 Boatmen's River Valley Bank 15 Boatmen's Sunwest, Inc. 15 Sunwest Bank of Albuquerque, N.A. 41 Sunwest Bank of Clovis, N.A. 41 Sunwest Bank of Farmington 41 Sunwest Bank of Gallup 41 Sunwest Bank of Grant County 41 Sunwest Bank of Hobbs, N.A. 41 Sunwest Bank of Las Cruces, N.A. 41 Sunwest Bank of Raton, N.A. 41 Sunwest Bank of Rio Arriba, N.A. 41 Sunwest Bank of Roswell, N.A. 41 Sunwest Bank of Santa Fe 41 Sunwest Texas, Inc. 41 Sunwest Bank of El Paso 42 Boatmen's Texas, Inc. 15 Boatmen's First National Bank of Amarillo 43 Centerre Bancorporation, Inc.15 Founders Bancorporation, Inc. 15 NationsBank, N.A. 15 American Security (Louisiana) Ltd. 44 4 Ashburn A Corp. 44 Baltic M Corp. 44 BT Building Corporation 44 Central City General, L.P. 45 Carolina Pacific, Inc. 44 CC Plaza M Corp. 44 Chesapeake M Corp. 44 Courtcom M Corp. 44 Devon A Corp. 44 Down Under Finance Corporation 44 Dulaney Valley Corporation 44 Education Financing Services, LLC 46 Elwin Company, Inc. 44 Federal Properties I, Inc. 44 First Development Corporation 44 Fountain Square Corporation of Maryland 44 Harper Farm M Corp. 44 HICO Park M Corp. 44 Madison Park A Corp. 44 Main Place Holdings Corporation 44 Main Place Real Estate Investment Trust 47 Mar A Lowe Corp. 44 Marco Properties, Inc. 44 Greenburgh Marco, Inc. 48 Reprise, Inc. 48 Maryland National Community Development Corporation 44 Greensides Elderly Limited Partnership 49 The Maryland National/Enterprise Equity Fund Limited Partnership 49 Montgomery Homes Limited Partnership II 50 Montgomery Homes Limited Partnership III 49 Montgomery Homes Limited Partnership IV 49 Neighborhood Rental Limited Partnership II 51 The Newington Limited Partnership 51 Rosedale Terrace Limited Partnership 51 St. Wenceslaus Limited Partnership 51 Maryland Nationalease Corporation 44 Melwood M Corp. 44 Metropo M Corp. 44 Metropolitan Commercial Properties Corporation I 44 Metropolitan Commercial Properties Corporation VIII 44 Metropolitan Commercial Properties Corporation X 44 MNC Consumer Discount Company 44 MNC Investment Bank, Ltd. 44 Multi-State Properties, Inc. 44 MYM Holdings Corporation 44 NationsBanc Advisors, Inc. 44 NationsBanc Auto Funding Corporation 44 NationsBanc Charlotte Center, Inc. 44 Nations-CRT Options, Inc. 44 NationsBanc Dealer Leasing, Inc. 44 NationsBanc Enterprise, Inc. 44 NationsSecurities 52 5 NSI Agency, LLC 53 NationsBanc Equity Mortgage Corporation 44 NationsBanc Financial Products, Inc. 44 NationsBanc Insurance Services, Inc. 44 NationsBanc Investments, Inc. 44 NationsBanc Lease Investments, Inc. 44 NationsBanc Leasing Corporation 54 NationsBanc Leasing Corporation of Virginia 44 NationsBanc SBIC Corporation 44 NationsBanc Venture Corporation 44 NationsBank Carolinas Merchant Services, Inc.44 NationsBank Merchant Services 55 Unified Merchant Services 56 NationsBank de Mexico, S.A. 57 NationsBank Europe Limited 44 Carolina Leasing Ltd. 58 Nations Financial Futures Limited 58 Nations Investment Management Limited 58 Commonwealth Securities Limited 59 Nations Investments Limited 58 Nations Securities Services Ltd. 58 NationsBank (Export Finance) Ltd. 58 NationsBank International 44 NationsBank Overseas Corporation 44 AF Funding (1993), Inc. 60 Kill Devil Hills Finance Limited Partnership 61 Air France/NationsBank (Grantor Trust) 62 Wrightbrothers Ltd. 63 AF Funding II (1993), Inc. 60 Kill Devil Hills II Limited Partnership 64 Air France/KDHF II (NGHGI)(Grantor Trust) 65 Florita Finance Ltd. 66 Binfield Ltd. 60 Carolina Investments Limited 60 Cathay Pacific/NationsBank Trust 1 (Grantor Trust) 60 Wanda Finance Ltd. 67 Clenston Ltd. 60 Diamond Shoals Finance Ltd. 60 Friary Leasing Limited 60 Gatwick, Inc. 60 Mayfair Partners 68 Piccadilly, Inc. 69 High Street, Inc. 70 New Broad Street, Inc. 70 Hatteras Finance Ltd. 60 Heathrow, Inc. 71 InterFirst Leasing Ltd. (London) 72 Island Funding, Ltd. 60 Japan Airlines/NCNB 1993-1 (Grantor Trust) 60 First in Flight Finance Ltd. 73 Nations-CRT Asia, Inc. 60 Nations-CRT Hong Kong, Limited 60 Nations-CRT International, Inc. 60 6 Nations . CRT Japan, Inc. 60 Nations-CRT Overseas, Inc. 60 Nations-CRT U.K. & Co. 60 NationsBank International Trust (Jersey) Limited 74 NCNB Lease Atlantic, Inc. 60 NCNB Lease Finance III 75 Blue Ridge Finance Ltd. 76 NCNB Lease Finance 60 Wingtip Finance Limited 77 NCNB Lease Finance IV 60 Sandhills Finance Ltd. 78 NCNB Lease Finance V 60 Piedmont Finance Ltd. 79 NCNB Lease Finance VI 60 Kitty Hawk Finance Ltd. 80 NCNB Lease International, Inc. 60 Barnesbury, Ltd. 81 NCNB Lease Offshore, Inc. 60 NCNB Lease Finance II 82 Outerbanks Finance Ltd. 83 NCNB Overseas Services, Inc. 60 Phaestos FSC, Inc. 84 Republic Dallas Ltd. (U.K.) 85 TransPacific Funding (1993), Inc. 86 TransPacific Finance Limited Partnership 87 ANA II (Grantor Trust) 88 Fontana Finance Ltd. 89 Uwharrie Finance Ltd. 60 NB Partner Corp. 44 Gartmore Global Partners 90 NB Technology Partner, Inc. 44 Integrion Financial Network, LLC 91 NCNB Community Development Corporation 92 Palisades A Corp. 44 Pratt Management Company 44 Quality A Corp. 44 Ritchie Court M Corporation 44 Rive Gauche A Corp. 44 Rooms-Springfield, Inc. 44 SCRC Carrolltowne, Inc. 44 SCRC Process Service Corp. 44 Service-Wright Corporation 44 Seventeenth Commerce Properties Corporation 44 SOP M Corp. 44 South Charles Realty Corp 44 South Point Shopping Center, Inc. 44 Spotted Horse Holdings, Inc. 44 Sully A Corp. 44 Sunset Hill Corporation 44 Sweitzer M Corp. 44 Sykesville M Corp. 44 TradeStreet Investment Associates, Inc. 44 7 Vernon M Corp. 44 Washington View, Inc. 44 Washington View (H) Corporation 93 Washington View (NH) Corporation 93 Wellington Land Co., Inc. 44 Wickliffe A Corp. 44 Woods M Corp. 44 NationsBank of Delaware, N.A.15 NationsBank, N.A. (South) 15 Atico Financial Corporation dba Cavalier Properties 94 Atico Investment Management 94 Bank South Investment Services, Inc. 94 Bank South Home Equity, Inc. 94 CFB Holding Corporation 94 Chase Eagle, Inc. 94 Chase Federal Housing Corporation 94 Chase I, Inc. 94 ChaseFed Insurance Co. 94 Chase/Scarborough Group, Inc. 94 Citizens Financial Securities Corporation 94 Community Reinvestment Group, L.C. 95 EXHO Properties, Inc. 94 Financial Automation, Inc. 94 First Financial Real Estate Development, Inc. 94 First Land Sales, Inc. 94 Harbilan Corporation 94 Motift, Inc. 94 NationsBanc Commercial Corporation 94 NationsBanc Leasing Corporation 54 NationsBanc Leasing Corporation of North Carolina 94 NNW Utility Funding I, Inc. 96 NNW Utility Funding II, Inc. 96 NationsBank Florida Merchant Services, Inc. 94 NationsBank Merchant Services 55 Unified Merchant Services 56 The Ocmulgee Corporation 94 Pan American Mortgage Corp. 94 Seabrook Operations, Inc. 94 Seaview of Seabrook, Inc. 94 WAC One, Inc. 94 200 Service Corp. 94 NationsBank of Kentucky, N.A. 15 NationsBank of Tennessee, N.A.15 Commerce Place Company 97 Tennessee Nationalease Corporation 97 NationsBank Texas Bancorporation, Inc. 15 NationsBank of Texas, N.A. 98 APL, Inc. 99 Austin National Realty Corporation 99 Beechnut Holdings, Inc. 99 Capitol Information Networks, Inc. 99 8 Charter Colonial Securities, Inc. 99 Charter-Houston Securities, Inc. 99 Charter Venture Group, Inc. 99 DPC, Inc. 99 NationsBanc Capital Corporation 99 NationsBanc Energy Group Denver, Inc. 99 NationsBanc Mortgage Corporation 99 NationsBanc Services, Inc. 99 Republic National Corporation 99 Texas Nationalease Corporation 99 RepublicBank Insurance Agency, Inc. 98 Sun World, N.A. 98 Superior Federal Bank, FSB 15 SFS Corporation 100 Premier Management 101 Southwest Protective Life Insurance Company 101 Superior Financial Services of Oklahoma 101 Arch Reinsurance Company, Ltd. 15 Atlantic Credit Corporation 15 Bancshares Properties, Inc.15 Boatmen's Community Development Corporation 15 Boatmen's Insurance Agency, Inc. 15 Boatmen's Life Insurance Company 15 Boatmen's Service Company, Inc. 15 Boatmen's Trust Company 15 Boatmen's Trust Company of Illinois 102 Boatmen's Trust Company of Oklahoma 102 Boatmen's Trust Company of Texas 102 River City Capital Management, Inc. 102 Tower Commercial Realty, Inc. 102 Tower Holdings Limited Partnership 103 Union Realty and Securities Company 102 Cash Flow, Inc. 15 C&S Premises, Inc. 15 C&S Premises-SPE, Inc. 104 First Mortgage Corporation 15 NationsBanc Insurance Agency, Inc. 15 NationsBanc Insurance Company, Inc. 15 NationsBanc Insurance Inc. 15 NationsBanc Investment Corporation 15 NationsBanc Leasing & Finance Corporation 15 NationsBanc Leasing & R.E. Corporation 15 McCormick Realty Limited Partnership 105 NationsBanc Mortgage Corporation of Georgia 15 NationsBanc Retirement Management, Inc. 15 NationsBank Trust Company of New York 15 NB Insurance Services, Inc. 15 Second Land Sales, Inc. 15 Sovran Capital Management Corporation 15 9 Suburban Service Corporation 15 Three Commercial Place Associates 106 NationsBank Community Development Corporation 107 Atlanta Affordable Housing Fund Limited Partnership 108 Biscayne Apartments, Inc. 109 Capital Crossing Development Corporation 109 The Charlotte Affordable Housing LLC 110 Carlton Court CDC, Inc. 109 Courtyards Apartments, Inc. 109 Coventry Village Apartments, Inc. 109 Tabono Joint Venture 111 Historic District Redevelopment Partnership 112 Kenilworth Industrial Park Limited Liability Company 113 Leon Avenue Redevelopment Company 114 Misty Waters Apartments, Inc. 109 NationsBank CDC Special Holding Company, Inc. 109 The Park at Lakewood L.L.C. dba Campbellton Glen Apartments LLC 116 Queen City Partnership 109 Sherwood Terrace Apartments, Inc. 109 Southern Oaks Condominium Partners, Ltd. 110 Stanton Road LLC 111 T-Oaks Apartments, Inc. 109 Terry Street Redevelopment Limited Liability Company 112 University Park Shopping Center, LLC 113 NationsBank do Brasil Ltda 114 NationsBank Housing Fund Investment Corporation 115 Nations Housing Fund Limited Partnership 116 Florida City Apartments, Ltd. 117 Owen Brown II Limited Partnership 118 Bellevieu Manchester Limited Partnership 123 Hillcrest House Partnership, Ltd. 119 Oliver Plaza Limited Partnership 120 Broadway Court Limited Partnership 123 Walnut Woods Limited Partnership 123 Roanoke at HOME Limited Partnership 123 Broadway Apartments Limited Partnership 123 San Antonio Master Limited Partnership 121 Vera Cruz Redevelopment Partnership, LTD. 122 Greensboro Elderly Affordable Housing I Limited Partnership 123 Historic East Side Neighborhood Housing L.P. 123 Timber Ridge of Immokalee Limited Partnership 123 Park City, Ltd. 122 King Street Apartments, II, L.P. 123 S.C. Model I Limited Partnership 123 Columbia Hill Partners, L.P. 123 Columbia Mill, I, L.P. 123 The Arbors, Limited Partnership 123 Cranberry Equities Limited Partnership 123 ODC Crossing, Limited Partnership 123 Highlandtown Cooperative Limited Partnership 124 VOA Eastern Avenue Limited Partnership 123 Mt. Pleasant Ventures Limited Partnership 123 10 Sherwood Park Limited Partnership 123 Etowah, L.P. 125 Dominion Pines Partners L.P. 123 Cheshire Chase Limited Partnership 123 Delowe Place, L.P. 123 Westwood Manor Development, L.P. 123 Elkridge Apartments Limited Partnership 126 Columbia Plaza I, L.P. 123 Ripley Station Limited Partnership 123 BHP/Johnston Square Limited Partnership 127 SPAR S.H.A.R.E. II, Ltd. 130 North Carolina Equity Fund 128 Riverview Townes Limited Partnership 129 Sedgebrook Limited Partnership 134 Willow Pond Limited Partnership 134 St. Andrew's Homes Limited Partnership 130 Carmel Ridge Limited Partnership 134 Bridgewood Square Limited Partnership 134 Hycienda Heights Limited Partnership 134 Nations Housing Fund II Limited Partnership 121 Pine Knoll Limited Partnership 131 NationsBridge, L.L.C.119 NCNB Corporate Services, Inc. NCNB Properties, Inc. South Charles Investment Corporation Tidewater Partners Limited Partnership 132 SCI Holdings Corporation 133 SunStar Acceptance Corporation DCRS Corporation 139 SunStar Acceptance Corporation (California) 139 SunStar Acceptance Corporation (Hawaii) 139 TIM, Inc. Tryon Assurance Company, Ltd. - ----------------------------------------------------------- The following companies are 50% or less owned by NationsBank Corporation or one of its subsidiaries. ABB Funding Partners, L.P., Stamford, CT - NationsCredit Commercial Corporation owns 14.27% of this entity. Carlton Court Limited Partnership, Dallas, TX - NationsBank Community Development Corporation ("NBCDC") and Carlton Court CDC, Inc. own 49% and 1%, respectively, of this entity. Charlotte Transit Center, Inc., Charlotte, NC - NationsBank CDC Special Holding Company, Inc. has 50% control as one of the two members of this non-profit corporation. Church Street Crossing Associates, L.P., Washington, DC - NBCDC owns 50% of this entity. Collmain Customer Services Ltd., London - NationsBank Europe Limited owns 22.5% of this entity. Collmain Services Ltd., London - Carolina Investments Limited holds a 20% minority interest in this company. 11 Columbia Community Investment Limited Partnership, Charlotte, NC - NBCDC has a 20% interest in this entity. Commonwealth National Bank, Mobile, AL - NationsBank Corporation owns nonvoting securities representing 47% of this entity, however, does not exercise any form of control over it. CSC Associates, L.P., Marietta, GA - C&S Premises, Inc. and C&S Premises-SPE, Inc. own 49% and 1%, respectively, of this entity. Danville Community Development Corporation, Danville, VA - NBCDC owns 22% of this entity. Factoraje Bancomer, S.A., Mexico - NationsBank Overseas Corporation owns 10% of this entity. First Housing Development Corporation of Florida, Tampa, FL - NationsBank, N.A. (South) owns 12.07% of this entity. Foremost Factors Limited, New Delhi, India - NationsBank Overseas Corporation owns 35% of this entity. HONOR Technologies, Inc., Maitland, FL - NationsBank Corporation owns 18.26% of this entity. Kenilworth-Burroughs Limited Partnership, Washington, DC - Kenilworth Industrial Park Limited Liability Company is General Partner with a .01% general partnership interest and a 25.99% limited partnership interest. Maryland Housing Equity Fund Limited Partnership, Columbia, MD - Maryland National Community Development Corporation owns 13.12% of this limited partnership. MECA Software, L.L.C., Fairfield, CT - MYM Holdings Corporation owns 16.67% of this entity. Nubia Redevelopment Partnership, Dallas, TX - NBCDC owns 50% of this entity. Roanoke Community Development Corporation, Roanoke, VA - NBCDC owns 28% of this entity. Savannah Community Development Corporation dba Savannah Regional Small Business Capital Fund - NationsBank, N.A. (South) owns 21% of this entity. Springdale Equity Partners, L.P., Charlotte, NC - NationsBanc Investment Corporation is a limited partner and has no voting rights, however, contributed 99.5% of the capital and maintains a veto right over certain actions. 12 Springdale Venture Partners, L.P., Charlotte, NC - NationsBanc Venture Corporation is a limited partner and has no voting rights, however, contributed 99.5% of the capital and maintains a veto right over certain actions. Third Ward Neighborhood Development Association, Charlotte, NC - NCNB Community Development Association, a subsidiary of NationsBank, N.A. owns 50% of this joint venture. Tiryns FSC, Inc., Charlotte Amalie, VI - NationsBank Overseas Corporation owns 50% of this entity. Tri-Tech, L.P., Baltimore, MD - NationsBank of Delaware, N.A. owns 9.1% of this entity. Troy Street Limited Liability Company, Alexandria, VA - NationsBank Community Development Corporation has a 39.89% interest in this entity, however, has no right of control over it. - -------- 1 Atlantic Equity Corporation owns 100% of this entity. 2 NationsBank Corporation and NB Holdings Corporation own 99% and 1%, respectively, of this entity. 3 CSF Holdings, Inc. owns 100% of this entity. 4 Citizens Financial Services, Inc owns 100% of this entity. 5 MNC Affiliates Group, Inc. owns 100% of this entity. 6 MNC Credit Corp owns 100% of this entity. 7 Nations Credit Corporation owns 100% of this entity. 8 NationsCredit Commercial Corporation owns 100% of this entity. 9 BJCC, Inc. and JCCA, Inc. own 40% and 60%, respectively, of this entity. 10 NationsCredit Commercial Corporation of America owns 100% of this entity. 11 NationsCredit Consumer Corporation owns 100% of this entity. 12 NationsCredit Financial Services Corporation of Florida owns 100% of this entity. 13 NationsCredit Home Equity Services Corporation owns 100% of this entity. 14 NationsBanc Mortgage Capital Corporation owns 100% of this entity. 15 NB Holdings Corporation owns 100% of this entity. 16 BBI Kansas, Inc. owns 100% of this entity. 17 Boatmen's National Bank owns 100% of this entity. 18 BBI Kansas, Inc. and IV Commercial Acquisition, Inc. own 82.7% and 17.3%, respectively, of this entity. 19 Boatmen's National Bank of Oklahoma owns 100% of this entity. 20 IV Commercial Acquisition, Inc. owns 100% of this entity. 21 Boatmen's Arkansas, Inc. owns 100% of this entity. 22 Boatmen's Bank of Northeast Arkansas owns 100% of this entity. 23 Boatmen's National Bank of Arkansas owns 100% of this entity. 24 Boatmen's National Bank of Hot Springs owns 100% of this entity. 25 Worthen Financial Corporation owns 100% of this entity. 26 Boatmen's Bancshares of Iowa, Inc. owns 100% of this entity. 27 Boatmen's Bank Iowa, N.A. owns 100% of this entity. 28 Boatmen's Bank of Fort Dodge owns 100% of this entity. 29 Boatmen's Bank of Northwest Iowa owns 100% of this entity. 30 Boatmen's Bank of North Iowa owns 100% of this entity. 31 Boatmen's Bank of Southern Missouri owns 100% of this entity. 32 Boatmen's Bank of Tennessee owns 100% of this entity. 33 Boatmen's-Illinois, Inc. owns 100% of this entity. 34 The Boatmen's National Bank of St. Louis owns 100% of this entity. 35 Boatmen's Investment Services, Inc. owns 100% of this entity. 36 A number of Boatmen's banks own percentages of this entity. 37 BBI Merchant Processing Company, LLC owns 50% of this entity. 38 St. Louis Investment Properties, Inc. owns 100% of this entity. 39 Marbel Homes, Inc. owns 100% of this entity 13 40 Boatmen's Foreign Investment Corporation owns 100% of this entity. 41 Boatmen's Sunwest, Inc. owns 100% of this entity. 42 Sunwest Texas, Inc. owns 100% of this entity. 43 Boatmen's Texas, Inc. owns 100% of this entity. 44 NationsBank, N.A. owns 100% of this entity. 45 BT Building Corporation has a 17% general partnership interest and a 43% limited partnership interest in this entity. 46 NationsBank, N.A. owns up to 22.26% of this entity; definitive % depends on total number of participants. 47 Main Place Holdings Corporation owns 100% of this entity. 48 Marco Properties, Inc. owns 100% of this entity. 49 Maryland National Community Development Corporation owns 99% of this entity. 50 Maryland National Community Development Corporation and NationsBank, N.A., each, has a 33.3% interest in this entity. 51 Maryland National Community Development Corporation owns 98.99% of this entity. 52 NationsBanc Enterprise, Inc. and NationsBanc Investments, Inc., each, has a 50% interest in this general partnership. 53 NationsSecurities and NationsBanc Enterprise, Inc. have 99% and 1% interests, respectively, in this entity. 54 NationsBank, N.A. and NationsBank, N.A. (South) own 63% and 37%, respectively, of this entity. 55 NationsBank Carolinas Merchant Services, Inc. and NationsBank Florida Merchant Services, Inc. own 49% and 51%, respectively, of this entity. 56 NationsBank Merchant Services owns 20% of this entity. 57 NationsBank Overseas Corporation and NationsBank, N.A. own 99% and 1%, respectively, of this entity. 58 NationsBank Europe Limited owns 100% of this entity. 59 Nations Investment Management Limited owns 100% of this entity. 60 NationsBank Overseas Corporation owns 100% of this entity. 61 AF Funding (1993), Inc. holds a 1% general partnership and a 49% limited partnership interest in this entity. 62 Kill Devil Hills Finance Limited Partnership owns 100% of this entity. 63 Air France/NationsBank (Grantor Trust) owns 100% of this entity. 64 AF Funding II (1993), Inc. holds a 1% general partnership and a 34% limited partnership interest in this entity. 65 Kill Devil Hills II Limited Partnership owns 100% of this entity. 66 Air France/KDHF II (NGHGI)(Grantor Trust) owns 100% of this entity. 67 Cathay Pacific/NationsBank Trust I (Grantor Trust) owns 100% of this entity. 68 Gatwick, Inc. and Heathrow, Inc. own 75% and 25%, respectively, of this entity. 69 Mayfair Partners owns 100% of this entity. 70 Piccadilly, Inc. owns 90% of this entity. The remainder is owned by an unrelated third party. 71 NationsBank Overseas Corporation and Island Funding, Inc. own 75% and 25%, respectively, of this entity. 72 NationsBank Overseas Corporation owns 99.5% of this entity. 73 Japan Airlines/NCNB 1993-1 (Grantor Trust) owns 100% of this entity. 74 NationsBank Overseas Corporation and NationsBank, N.A. own 99.33% and .67%, respectively, of this entity. 75 NCNB Lease Atlantic, Inc. owns 100% of this entity. 76 NCNB Lease Finance III owns 100% of this entity. 77 NCNB Lease Finance owns 100% of this entity. 78 NCNB Lease Finance IV owns 100% of this entity. 79 NCNB Lease Finance V owns 100% of this entity. 80 NCNB Lease Finance VI owns 100% of this entity. 81 NCNB Lease International, Inc. owns 99.9% of this entity. 82 NCNB Lease Offshore, Inc. owns 100% of this entity. 83 NCNB Lease Finance II owns 100% of this entity. 84 NationsBank Overseas Corporation owns 50% of this entity. 85 NationsBank Overseas Corporation owns 98% of this entity. 86 NationsBank Overseas Corporation owns 66% of this entity. 14 87 TransPacific Funding (1993), Inc. holds a 1% general partnership and a 65% limited partnership interest in this entity. 88 TransPacific Finance Limited Partnership owns 100% of this entity. 89 ANA II (Grantor Trust) owns 100% of this entity. 90 NB Partner Corp. owns 50% of this entity. 91 NB Technology Partner, Inc. owns 5.88% of this entity. 92 NationsBank, N.A. is the sole member of this non-profit corporation. 93 Washington View, Inc. owns 69% of this entity. 94 NationsBank, N.A. (South) owns 100% of this entity. 95 NationsBank, N.A. (South) owns 61.5% of this entity. 96 NationsBanc Leasing Corporation of North Carolina owns 100% of this entity. 97 NationsBank of Tennessee, N.A. owns 100% of this entity. 98 NationsBank Texas Bancorporation, Inc. owns 100% of this entity. 99 NationsBank of Texas, N.A. owns 100% of this entity. 100 Superior Federal Bank, FSB owns 100% of this entity. 101 SFS Corporation owns 100% of this entity. 102 Boatmen's Trust Company owns 100% of this entity. 103 Boatmen's Trust Company owns 99% of this entity. 104 C&S Premises, Inc. owns 100% of this entity. 105 NationsBanc Leasing & R.E. Corporation owns 100% of this entity. 106 NB Holdings Corporation owns 70% of this entity. 107 NationsBank, N.A. (South), NationsBank, N.A. and NationsBank of Texas, N.A. own, respectively, 31%, 42% and 27% of this entity. 108 NationsBank Community Development Corporation ("NBCDC")has a 95.4% general partnership interest in this entity. 109 NBCDC owns 100% of this entity. 110 NBCDC and NCNB Community Development Corporation have 99% and 1% interests, respectively, in this entity. 111 Eban Incorporated owns 5% of this entity, however, has control over it. 112 NBCDC has a 94.89% interest in this entity. 113 NBCDC owns 70% of this entity. 114 NBCDC owns 80% of this entity. 115 NBCDC has a 50.26% interest in this entity. 116 NBCDC owns 99% of this entity. 117 NBCDC owns 98% of this entity. 118 NBCDC owns 81% of this entity. 119 NationsBank Corporation and NB Holdings Corporation own 99% and 1%, respectively, of this entity. 120 NationsBank, N.A. and NationsBank of Texas, N.A., each, owns 25% of the voting stock of this entity, and NationsBank, N.A. (South) owns 50%. 121 NationsBank Housing Fund Investment Corporation has a 99% limited partnership interest in this entity. 122 Nations Housing Fund Limited Partnership ("NHF") has a 51% limited partnership interest in this entity. 123 NHF has a 99% limited partnership interest in this entity. 124 NHF has an 88% limited partnership interest in this entity. 125 NHF has a 67.5% limited partnership interest in this entity. 126 NHF has a 50.49% limited partnership interest in this entity. 127 San Antonio Master Limited Partnership has a 99% limited partnership interest in this entity. 128 NHF has a 75.85% limited partnership interest in this entity. 129 NHF has an 88.05% limited partnership interest in this entity. 130 NHF has a 98.99% limited partnership interest in this entity. 131 NHF has a 51.17% limited partnership interest in this entity. 132 NHF has a 32.51% limited partnership interest in this entity. 133 NHF has a 39.6% limited partnership interest in this entity. 134 North Carolina Equity Fund ("NCEF") has a 99% limited partnership interest in this entity. 135 NCEF has a 98% limited partnership interest in this entity. 136 Nations Housing Fund II Limited Partnership ("NHFII") has a 99% limited partnership interest in this entity. 137 South Charles Investment Corporation has an 88% limited partnership interest and SCI Holdings Corporation has a 2% general partnership interest in this entity 138 South Charles Investment Corporation owns 100% of this entity. 139 SunStar Acceptance Corporation owns 100% of this entity. 15 136 Nations Housing Fund II Limited Partnership ("NHFII") has a 99% limited partnership interest in this entity. 137 South Charles Investment Corporation has an 88% limited partnership interest and SCI Holdings Corporation has a 2% general partnership interest in this entity. 138 South Charles Investment Corporation owns 100% of this entity. 139 SunStar Acceptance Corporation owns 100% of this entity.