8-K 1 ba789672-8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: June 28, 2004 (Date of earliest event reported) Commission File No. 333-105940 Banc of America Mortgage Securities, Inc. -------------------------------------------------------------------------------- Delaware 36-4514369 -------------------------------------------------------------------------------- (State of Incorporation) (I.R.S. Employer Identification No.) 201 North Tryon Street, Charlotte, North Carolina 28255 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) (704) 387-8239 -------------------------------------------------------------------------------- Registrant's Telephone Number, including area code -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events ------------ On June 28, 2004, Banc of America Mortgage Securities, Inc., a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2004-F, Class 1-A-1, Class 1-A-R, Class 1-A-MR, Class 1-A-LR, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-IO, Class 3-A-1, Class 4-A-1, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of $1,635,118,100. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated June 28, 2004, among the Registrant, Bank of America, N.A., as servicer ("BANA") and Wells Fargo Bank, N.A., as trustee (the "Agreement"), a copy of which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series 2004-F, Class B-4, Class B-5 and Class B-6 Certificates, having an aggregate initial principal balance of $9,870,840 (the "Private Certificates" and, together with the Offered Certificates, the "Certificates"), were also issued pursuant to the Agreement. As of the date of initial issuance, the Offered Certificates evidenced an approximate 99.40% undivided interest in a trust (the "Trust"), consisting principally of four pools of adjustable interest rate, monthly pay, fully-amortizing, one- to four-family residential first mortgage loans. The remaining undivided interests in the Trust are evidenced by the Private Certificates. Interest on the Offered Certificates will be distributed on each Distribution Date (as defined in the Agreement). Monthly distributions in reduction of the principal balance of the Offered Certificates will be allocated to the Offered Certificates in accordance with the priorities set forth in the Agreement. Distributions of interest and in reduction of principal balance on any Distribution Date will be made to the extent that the Pool Distribution Amount (as defined in the Agreement) is sufficient therefor. Elections will be made to treat the Trust as three separate REMICs for federal income tax purposes (the "Upper-Tier REMIC," the "Middle-Tier REMIC" and the "Lower-Tier REMIC" and each a "REMIC"). The Class 1-A-1, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-IO, Class 3-A-1, Class 4-A-1, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates will be treated as "regular interests" in the Upper-Tier REMIC and the Class 1-A-R, Class 1-A-MR and Class 1-A-LR Certificates will be treated as the "residual interest" in the Upper-Tier REMIC, Middle-Tier REMIC and the Lower-Tier REMIC, respectively. ITEM 7. Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ----------- ----------- (EX-4) Pooling and Servicing Agreement, dated June 28, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A., Wells Fargo Bank, N.A. and Wachovia Bank, National Association. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. June 28, 2004 By: /s/ Judy Lowman ----------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS ----------------- Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing E Agreement, dated June 28, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A., Wells Fargo Bank, N.A. and Wachovia Bank, National Association.

Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 BAM Series: 2004-F Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1A1 05949AHR4 SEQ 3.75741% 218,552,057.06 684,324.92 8,545,551.41 1AR 05949AHS2 SEQ 3.74811% 0.00 0.00 0.00 1AMR 05949AHT0 SEQ 3.74811% 0.00 0.00 0.00 1ALR 05949AHU7 SEQ 3.74811% 0.00 0.85 0.00 2A1 05949AHV5 SEQ 2.36200% 112,256,028.74 220,957.28 4,347,947.25 2A2 05949AHW3 SEQ 4.02100% 51,050,000.00 171,060.04 0.00 2A3 05949AHX1 SEQ 4.18942% 85,998,000.00 300,234.51 0.00 2A4 05949AHY9 SEQ 4.18942% 64,817,000.00 226,287.82 0.00 2A5 05949AHZ6 SEQ 4.18942% 65,156,000.00 227,471.33 0.00 2A6 05949AJA9 SEQ 4.18942% 177,091,000.00 618,256.58 0.00 2A7 05949AJB7 SEQ 4.18942% 497,564,822.85 1,737,088.43 3,888,407.48 2AIO 05949AJC5 IO 1.30881% 0.00 178,113.44 0.00 3A1 05949AJD3 SEQ 4.25981% 207,599,512.12 736,946.32 1,513,126.88 4A1 05949AJE1 SEQ 4.65591% 105,405,307.19 408,964.35 357,065.04 B1 05949AJF8 SUB 4.16936% 23,837,375.49 82,822.08 16,779.76 B2 05949AJG6 SUB 4.16936% 9,040,694.90 31,411.56 6,363.99 B3 05949AJH4 SUB 4.16936% 5,752,987.79 19,988.54 4,049.68 B4 05949AJJ0 SUB 4.16936% 4,110,133.54 14,280.51 2,893.23 B5 05949AJK7 SUB 4.16936% 3,287,707.11 11,423.02 2,314.30 B6 05949AJL5 SUB 4.16936% 2,466,120.71 8,568.45 1,735.97 Totals 1,633,984,747.50 5,678,200.03 18,686,234.99

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1A1 0.00 210,006,505.65 9,229,876.33 0.00 1AR 0.00 0.00 0.00 0.00 1AMR 0.00 0.00 0.00 0.00 1ALR 0.00 0.00 0.85 0.00 2A1 0.00 107,908,081.49 4,568,904.53 0.00 2A2 0.00 51,050,000.00 171,060.04 0.00 2A3 0.00 85,998,000.00 300,234.51 0.00 2A4 0.00 64,817,000.00 226,287.82 0.00 2A5 0.00 65,156,000.00 227,471.33 0.00 2A6 0.00 177,091,000.00 618,256.58 0.00 2A7 0.00 493,676,415.37 5,625,495.91 0.00 2AIO 0.00 0.00 178,113.44 0.00 3A1 0.00 206,086,385.24 2,250,073.20 0.00 4A1 0.00 105,048,242.15 766,029.39 0.00 B1 0.00 23,820,595.73 99,601.84 0.00 B2 0.00 9,034,330.91 37,775.55 0.00 B3 0.00 5,748,938.11 24,038.22 0.00 B4 0.00 4,107,240.31 17,173.74 0.00 B5 0.00 3,285,392.80 13,737.32 0.00 B6 0.00 2,464,384.75 10,304.42 0.00 Totals 0.00 1,615,298,512.51 24,364,435.02 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1A1 222,600,000.00 218,552,057.06 314,676.46 8,230,874.95 0.00 0.00 1AR 50.00 0.00 0.00 0.00 0.00 0.00 1AMR 25.00 0.00 0.00 0.00 0.00 0.00 1ALR 25.00 0.00 0.00 0.00 0.00 0.00 2A1 114,979,000.00 112,256,028.74 348,012.82 3,999,934.42 0.00 0.00 2A2 51,050,000.00 51,050,000.00 0.00 0.00 0.00 0.00 2A3 85,998,000.00 85,998,000.00 0.00 0.00 0.00 0.00 2A4 64,817,000.00 64,817,000.00 0.00 0.00 0.00 0.00 2A5 65,156,000.00 65,156,000.00 0.00 0.00 0.00 0.00 2A6 177,091,000.00 177,091,000.00 0.00 0.00 0.00 0.00 2A7 500,000,000.00 497,564,822.85 311,230.93 3,577,176.55 0.00 0.00 2AIO 0.00 0.00 0.00 0.00 0.00 0.00 3A1 208,930,000.00 207,599,512.12 2,000.22 1,511,126.66 0.00 0.00 4A1 105,839,000.00 105,405,307.19 138,485.82 218,579.22 0.00 0.00 B1 23,854,000.00 23,837,375.49 16,779.76 0.00 0.00 0.00 B2 9,047,000.00 9,040,694.90 6,363.99 0.00 0.00 0.00 B3 5,757,000.00 5,752,987.79 4,049.68 0.00 0.00 0.00 B4 4,113,000.00 4,110,133.54 2,893.23 0.00 0.00 0.00 B5 3,290,000.00 3,287,707.11 2,314.30 0.00 0.00 0.00 B6 2,467,840.62 2,466,120.71 1,735.97 0.00 0.00 0.00 Totals 1,644,988,940.62 1,633,984,747.50 1,148,543.18 17,537,691.80 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1A1 8,545,551.41 210,006,505.65 0.94342545 8,545,551.41 1AR 0.00 0.00 0.00000000 0.00 1AMR 0.00 0.00 0.00000000 0.00 1ALR 0.00 0.00 0.00000000 0.00 2A1 4,347,947.25 107,908,081.49 0.93850252 4,347,947.25 2A2 0.00 51,050,000.00 1.00000000 0.00 2A3 0.00 85,998,000.00 1.00000000 0.00 2A4 0.00 64,817,000.00 1.00000000 0.00 2A5 0.00 65,156,000.00 1.00000000 0.00 2A6 0.00 177,091,000.00 1.00000000 0.00 2A7 3,888,407.48 493,676,415.37 0.98735283 3,888,407.48 2AIO 0.00 0.00 0.00000000 0.00 3A1 1,513,126.88 206,086,385.24 0.98638963 1,513,126.88 4A1 357,065.04 105,048,242.15 0.99252867 357,065.04 B1 16,779.76 23,820,595.73 0.99859964 16,779.76 B2 6,363.99 9,034,330.91 0.99859964 6,363.99 B3 4,049.68 5,748,938.11 0.99859964 4,049.68 B4 2,893.23 4,107,240.31 0.99859964 2,893.23 B5 2,314.30 3,285,392.80 0.99859964 2,314.30 B6 1,735.97 2,464,384.75 0.99859964 1,735.97 Totals 18,686,234.99 1,615,298,512.51 0.98195099 18,686,234.99

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 222,600,000.00 981.81517098 1.41364088 36.97607794 0.00000000 1AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1AMR 25.00 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 25.00 0.00000000 0.00000000 0.00000000 0.00000000 2A1 114,979,000.00 976.31766444 3.02675115 34.78839110 0.00000000 2A2 51,050,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A3 85,998,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A4 64,817,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A5 65,156,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A6 177,091,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A7 500,000,000.00 995.12964570 0.62246186 7.15435310 0.00000000 2AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3A1 208,930,000.00 993.63189642 0.00957364 7.23269353 0.00000000 4A1 105,839,000.00 995.90233458 1.30845737 2.06520489 0.00000000 B1 23,854,000.00 999.30307244 0.70343590 0.00000000 0.00000000 B2 9,047,000.00 999.30307284 0.70343650 0.00000000 0.00000000 B3 5,757,000.00 999.30307278 0.70343582 0.00000000 0.00000000 B4 4,113,000.00 999.30307318 0.70343545 0.00000000 0.00000000 B5 3,290,000.00 999.30307295 0.70343465 0.00000000 0.00000000 B6 2,467,840.62 999.30307088 0.70343684 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A1 0.00000000 38.38971882 943.42545216 0.94342545 38.38971882 1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2A1 0.00000000 37.81514233 938.50252211 0.93850252 37.81514233 2A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A7 0.00000000 7.77681496 987.35283074 0.98735283 7.77681496 2AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3A1 0.00000000 7.24226717 986.38962925 0.98638963 7.24226717 4A1 0.00000000 3.37366226 992.52867232 0.99252867 3.37366226 B1 0.00000000 0.70343590 998.59963654 0.99859964 0.70343590 B2 0.00000000 0.70343650 998.59963634 0.99859964 0.70343650 B3 0.00000000 0.70343582 998.59963696 0.99859964 0.70343582 B4 0.00000000 0.70343545 998.59963773 0.99859964 0.70343545 B5 0.00000000 0.70343465 998.59963526 0.99859964 0.70343465 B6 0.00000000 0.70343684 998.59963809 0.99859964 0.70343684 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1A1 222,600,000.00 3.75741% 218,552,057.06 684,324.92 0.00 0.00 1AR 50.00 3.74811% 0.00 0.00 0.00 0.00 1AMR 25.00 3.74811% 0.00 0.00 0.00 0.00 1ALR 25.00 3.74811% 0.00 0.00 0.00 0.00 2A1 114,979,000.00 2.36200% 112,256,028.74 220,957.28 0.00 0.00 2A2 51,050,000.00 4.02100% 51,050,000.00 171,060.04 0.00 0.00 2A3 85,998,000.00 4.18942% 85,998,000.00 300,234.51 0.00 0.00 2A4 64,817,000.00 4.18942% 64,817,000.00 226,287.82 0.00 0.00 2A5 65,156,000.00 4.18942% 65,156,000.00 227,471.33 0.00 0.00 2A6 177,091,000.00 4.18942% 177,091,000.00 618,256.58 0.00 0.00 2A7 500,000,000.00 4.18942% 497,564,822.85 1,737,088.43 0.00 0.00 2AIO 0.00 1.30881% 163,306,028.74 178,113.44 0.00 0.00 3A1 208,930,000.00 4.25981% 207,599,512.12 736,946.32 0.00 0.00 4A1 105,839,000.00 4.65591% 105,405,307.19 408,964.35 0.00 0.00 B1 23,854,000.00 4.16936% 23,837,375.49 82,822.08 0.00 0.00 B2 9,047,000.00 4.16936% 9,040,694.90 31,411.56 0.00 0.00 B3 5,757,000.00 4.16936% 5,752,987.79 19,988.54 0.00 0.00 B4 4,113,000.00 4.16936% 4,110,133.54 14,280.51 0.00 0.00 B5 3,290,000.00 4.16936% 3,287,707.11 11,423.02 0.00 0.00 B6 2,467,840.62 4.16936% 2,466,120.71 8,568.45 0.00 0.00 Totals 1,644,988,940.62 5,678,199.18 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1A1 0.00 0.00 684,324.92 0.00 210,006,505.65 1AR 0.00 0.00 0.00 0.00 0.00 1AMR 0.00 0.00 0.00 0.00 0.00 1ALR 0.00 0.00 0.85 0.00 0.00 2A1 0.00 0.00 220,957.28 0.00 107,908,081.49 2A2 0.00 0.00 171,060.04 0.00 51,050,000.00 2A3 0.00 0.00 300,234.51 0.00 85,998,000.00 2A4 0.00 0.00 226,287.82 0.00 64,817,000.00 2A5 0.00 0.00 227,471.33 0.00 65,156,000.00 2A6 0.00 0.00 618,256.58 0.00 177,091,000.00 2A7 0.00 0.00 1,737,088.43 0.00 493,676,415.37 2AIO 0.00 0.00 178,113.44 0.00 158,958,081.49 3A1 0.00 0.00 736,946.32 0.00 206,086,385.24 4A1 0.00 0.00 408,964.35 0.00 105,048,242.15 B1 0.00 0.00 82,822.08 0.00 23,820,595.73 B2 0.00 0.00 31,411.56 0.00 9,034,330.91 B3 0.00 0.00 19,988.54 0.00 5,748,938.11 B4 0.00 0.00 14,280.51 0.00 4,107,240.31 B5 0.00 0.00 11,423.02 0.00 3,285,392.80 B6 0.00 0.00 8,568.45 0.00 2,464,384.75 Totals 0.00 0.00 5,678,200.03 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1A1 222,600,000.00 3.75741% 981.81517098 3.07423594 0.00000000 0.00000000 1AR 50.00 3.74811% 0.00000000 0.00000000 0.00000000 0.00000000 1AMR 25.00 3.74811% 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 25.00 3.74811% 0.00000000 0.00000000 0.00000000 0.00000000 2A1 114,979,000.00 2.36200% 976.31766444 1.92171857 0.00000000 0.00000000 2A2 51,050,000.00 4.02100% 1000.00000000 3.35083330 0.00000000 0.00000000 2A3 85,998,000.00 4.18942% 1000.00000000 3.49118014 0.00000000 0.00000000 2A4 64,817,000.00 4.18942% 1000.00000000 3.49118009 0.00000000 0.00000000 2A5 65,156,000.00 4.18942% 1000.00000000 3.49118009 0.00000000 0.00000000 2A6 177,091,000.00 4.18942% 1000.00000000 3.49118013 0.00000000 0.00000000 2A7 500,000,000.00 4.18942% 995.12964570 3.47417686 0.00000000 0.00000000 2AIO 0.00 1.30881% 983.59942384 1.07278512 0.00000000 0.00000000 3A1 208,930,000.00 4.25981% 993.63189642 3.52724032 0.00000000 0.00000000 4A1 105,839,000.00 4.65591% 995.90233458 3.86402319 0.00000000 0.00000000 B1 23,854,000.00 4.16936% 999.30307244 3.47204159 0.00000000 0.00000000 B2 9,047,000.00 4.16936% 999.30307284 3.47204156 0.00000000 0.00000000 B3 5,757,000.00 4.16936% 999.30307278 3.47204099 0.00000000 0.00000000 B4 4,113,000.00 4.16936% 999.30307318 3.47204230 0.00000000 0.00000000 B5 3,290,000.00 4.16936% 999.30307295 3.47204255 0.00000000 0.00000000 B6 2,467,840.62 4.16936% 999.30307088 3.47204351 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1A1 0.00000000 0.00000000 3.07423594 0.00000000 943.42545216 1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 0.00000000 0.00000000 34.00000000 0.00000000 0.00000000 2A1 0.00000000 0.00000000 1.92171857 0.00000000 938.50252211 2A2 0.00000000 0.00000000 3.35083330 0.00000000 1000.00000000 2A3 0.00000000 0.00000000 3.49118014 0.00000000 1000.00000000 2A4 0.00000000 0.00000000 3.49118009 0.00000000 1000.00000000 2A5 0.00000000 0.00000000 3.49118009 0.00000000 1000.00000000 2A6 0.00000000 0.00000000 3.49118013 0.00000000 1000.00000000 2A7 0.00000000 0.00000000 3.47417686 0.00000000 987.35283074 2AIO 0.00000000 0.00000000 1.07278512 0.00000000 957.41154551 3A1 0.00000000 0.00000000 3.52724032 0.00000000 986.38962925 4A1 0.00000000 0.00000000 3.86402319 0.00000000 992.52867232 B1 0.00000000 0.00000000 3.47204159 0.00000000 998.59963654 B2 0.00000000 0.00000000 3.47204156 0.00000000 998.59963634 B3 0.00000000 0.00000000 3.47204099 0.00000000 998.59963696 B4 0.00000000 0.00000000 3.47204230 0.00000000 998.59963773 B5 0.00000000 0.00000000 3.47204255 0.00000000 998.59963526 B6 0.00000000 0.00000000 3.47204351 0.00000000 998.59963809 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 24,435,241.02 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 24,435,241.02 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 70,806.00 Payment of Interest and Principal 24,364,435.02 Total Withdrawals (Pool Distribution Amount) 24,435,241.02 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 68,082.69 Trustee Fee - Wells Fargo Bank, N.A. 2,723.31 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 70,806.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 1 0 1 0.00 514,239.51 0.00 514,239.51 30 Days 16 0 0 0 16 7,228,160.32 0.00 0.00 0.00 7,228,160.32 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 16 0 1 0 17 7,228,160.32 0.00 514,239.51 0.00 7,742,399.83 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.027816% 0.000000% 0.027816% 0.000000% 0.031818% 0.000000% 0.031818% 30 Days 0.445063% 0.000000% 0.000000% 0.000000% 0.445063% 0.447228% 0.000000% 0.000000% 0.000000% 0.447228% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.445063% 0.000000% 0.027816% 0.000000% 0.472879% 0.447228% 0.000000% 0.031818% 0.000000% 0.479045%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 1,130,380.78 0.00 0.00 0.00 1,130,380.78 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 1,130,380.78 0.00 0.00 0.00 1,130,380.78 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.480769% 0.000000% 0.000000% 0.000000% 0.480769% 0.520920% 0.000000% 0.000000% 0.000000% 0.520920% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.480769% 0.000000% 0.000000% 0.000000% 0.480769% 0.520920% 0.000000% 0.000000% 0.000000% 0.520920% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 9 0 0 0 9 5,104,954.54 0.00 0.00 0.00 5,104,954.54 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 0 0 0 9 5,104,954.54 0.00 0.00 0.00 5,104,954.54 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.453629% 0.000000% 0.000000% 0.000000% 0.453629% 0.473382% 0.000000% 0.000000% 0.000000% 0.473382% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.453629% 0.000000% 0.000000% 0.000000% 0.453629% 0.473382% 0.000000% 0.000000% 0.000000% 0.473382% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 992,825.00 0.00 0.00 0.00 992,825.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 0 0 0 5 992,825.00 0.00 0.00 0.00 992,825.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.507614% 0.000000% 0.000000% 0.000000% 0.507614% 0.467343% 0.000000% 0.000000% 0.000000% 0.467343% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.507614% 0.000000% 0.000000% 0.000000% 0.507614% 0.467343% 0.000000% 0.000000% 0.000000% 0.467343% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 1 0 1 0.00 514,239.51 0.00 514,239.51 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 1 0 1 0.00 0.00 514,239.51 0.00 514,239.51 0-29 Days 0.000000% 0.476190% 0.000000% 0.476190% 0.000000% 0.474488% 0.000000% 0.474488% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.476190% 0.000000% 0.476190% 0.000000% 0.000000% 0.474488% 0.000000% 0.474488%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 36,837.66

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.439312% Weighted Average Net Coupon 4.172075% Weighted Average Pass-Through Rate 4.170075% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 3,627 Number Of Loans Paid In Full 32 Ending Scheduled Collateral Loan Count 3,595 Beginning Scheduled Collateral Balance 1,633,984,747.50 Ending Scheduled Collateral Balance 1,615,298,512.52 Ending Actual Collateral Balance at 31-Jul-2004 1,616,214,857.15 Monthly P &I Constant 7,193,349.88 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 1,148,543.18 Unscheduled Principal 17,537,691.80

Miscellaneous Reporting Total senior percentage 97.032101% Aggregate subordinate percentage 2.967899%

Group Level Collateral Statement Group 1 2 3 Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm 5 Year LIBOR Arm Weighted Average Coupon Rate 4.134411 4.441417 4.511818 Weighted Average Net Rate 3.759411 4.191416 4.261816 Weighted Average Maturity 357 356 358 Beginning Loan Count 430 1,996 991 Loans Paid In Full 14 12 6 Ending Loan Count 416 1,984 985 Beginning Scheduled Balance 225,309,153.45 1,086,105,800.19 213,950,807.38 Ending scheduled Balance 216,753,873.01 1,077,849,321.02 212,437,619.31 Record Date 07/31/2004 07/31/2004 07/31/2004 Principal And Interest Constant 1,100,672.68 4,699,241.95 806,484.02 Scheduled Principal 324,405.49 679,368.20 2,061.41 Unscheduled Principal 8,230,874.95 7,577,110.97 1,511,126.66 Scheduled Interest 776,267.19 4,019,873.75 804,422.61 Servicing Fees 70,409.11 226,272.04 44,573.08 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 375.52 1,810.18 356.58 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 705,482.56 3,791,791.53 759,492.95 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 3.757411 4.189416 4.259815

Group Level Collateral Statement Group 4 Total Collateral Description 7 Year LIBOR Arm Mixed ARM Weighted Average Coupon Rate 4.907906 4.439312 Weighted Average Net Rate 4.657906 4.172075 Weighted Average Maturity 355 356 Beginning Loan Count 210 3,627 Loans Paid In Full 0 32 Ending Loan Count 210 3,595 Beginning Scheduled Balance 108,618,986.48 1,633,984,747.50 Ending scheduled Balance 108,257,699.18 1,615,298,512.52 Record Date 07/31/2004 07/31/2004 Principal And Interest Constant 586,951.23 7,193,349.88 Scheduled Principal 142,708.08 1,148,543.18 Unscheduled Principal 218,579.22 17,537,691.80 Scheduled Interest 444,243.15 6,044,806.70 Servicing Fees 22,628.96 363,883.19 Master Servicing Fees 0.00 0.00 Trustee Fee 181.03 2,723.31 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 421,433.16 5,678,200.20 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.655905 4.170075

Miscellaneous Reporting Group 1 CPR 36.061055% Subordinate percentage 2.999033% Subordinate prepayment percentage 0.000000% Senior prepayment percentage 100.000000% Senior percentage 97.000967% Group 2 CPR 8.062665% Subordinate percentage 2.962230% Subordinate prepayment percentage 0.000000% Senior prepayment percentage 100.000000% Senior percentage 97.037770% Group 3 CPR 8.154017% Subordinate percentage 2.968577% Subordinate prepayment percentage 0.000000% Senior prepayment percentage 100.000000% Senior percentage 97.031423%

Miscellaneous Reporting Group 4 CPR 2.391376% Subordinate percentage 2.958672% Subordinate prepayment percentage 0.000000% Senior prepayment percentage 100.000000% Senior percentage 97.041328%

Filing Compare · Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2004-F