Lil “Ashley Banks” is stripping down to her lacy panties for her first centerfold for King Magazine.

It’s all about the present and the future for the 29-year-old Long Island, New York, cutie. Both have been looking bright since the admitted “dork” graduated with honors from Harvard. On the film front, the Young & the Restless star is fighting for her life in the double-crossing crime drama Hotel California (costarring Tyson Beckford), and musically, she’s prepping her sophomore effort, The Light.

Read Tatyana Ali’s interview with King