8-K 1 fh03ar4_8k0312.txt 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 (Date of earliest event reported): December 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX, , N/A 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR4 On December 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR4, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of October 1, 2003, among FH as Depositor, , Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR4 relating to the distribution date of December 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of October 1, 2003. SIGNATURES 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 thereunto duly authorized. Dated: December 25, 2003 FH By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated December 25, 2003 Payment Date: 12/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 19,~~500~~429,~~000~~319.0070 4.~~049589~~050050% 70501,~~680~~870.3059 65,~~805~~574.8276 ~~136~~567,~~486~~445.1235 0.00 0.00 2A1 213,~~982~~114,~~000~~628.0015 4.~~550309~~551174% ~~867~~668,~~371~~626.8568 ~~811~~808,~~403~~268.4411 1,~~678~~476,~~775~~894.2979 0.00 0.00 Residual 2AR ~~100~~0.00 4.~~550309~~551174% ~~100~~0.00 0.3800 ~~100~~0.3800 0.00 0.00 3A1 5857,~~437~~710,~~000~~111.0049 4.~~700036~~689607% ~~726~~77,~~888~~418.5110 ~~228~~225,~~879~~531.9943 ~~955~~302,~~768~~949.5153 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 3,~~752~~748,~~000~~850.0080 4.~~546818~~545404% 3,~~149~~180.2059 14,~~216~~200.3803 17,~~365~~380.5863 0.00 0.00 B2 1,~~801~~799,~~000~~488.0035 4.~~546818~~545404% 1,~~511~~526.6572 6,~~824~~816.0217 8,~~335~~342.6789 0.00 0.00 B3 1,~~051~~050,~~000~~117.0085 4.~~546818~~545404% ~~882~~890.1594 3,~~982~~977.2567 4,~~864~~868.4061 0.00 0.00 B4 ~~600~~599,~~000~~496.0040 4.~~546818~~545404% ~~503~~508.6062 2,~~273~~270.4179 2,~~777~~779.0142 0.00 0.00 B5 ~~450~~449,~~000~~622.0030 4.~~546818~~545404% ~~377~~381.7047 1,~~705~~703.0610 2,~~082~~084.7656 0.00 0.00 B6 ~~601~~600,~~305~~800.0232 4.~~546818~~545404% ~~504~~509.7073 2,~~278~~275.3573 2,~~783~~785.0546 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~300~~298,~~174~~502,~~405~~435.0236 - 1,~~671~~254,~~969~~913.6644 1,~~137~~130,~~369~~617.1180 2,~~809~~385,~~338~~531.7724 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 1918,~~429~~927,~~319~~449.7011 0.00 2A1 ~~213~~212,~~114~~446,~~628~~001.1548 0.00 Residual 2AR 0.00 0.00 3A1 57,~~710~~632,~~111~~693.4939 0.00 -------------------------------------------------------------------------------- Subordinate B1 3,~~748~~745,~~850~~670.8021 0.00 B2 1,~~799~~797,~~488~~961.3563 0.00 B3 1,~~050~~049,~~117~~226.8592 0.00 B4 ~~599~~598,~~496~~987.4077 0.00 B5 449,~~622~~240.3083 0.00 B6 600,~~800~~290.3259 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~298~~297,~~502~~247,~~435~~521.3692 - --------------------------------------------------------------------------------

Payment Date: 12/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 19,~~500~~429,~~000~~319.0070 4.~~049589~~050050% 32051DQ21 325.~~624631~~736953 3.~~374657~~362808 ~~996~~970.~~375369~~638416 2A1 213,~~982~~114,~~000~~628.0015 4.~~550309~~551174% 32051DQ39 43.~~053480~~124687 3.~~791924~~777271 ~~995~~992.~~946520~~821833 Residual 2AR ~~100~~0.00 4.~~550309~~551174% 32051DQ47 ~~1,000~~0.000000 30.~~791924~~000000 0.000000 3A1 5857,~~437~~710,~~000~~111.0049 4.~~700036~~689607% 32051DQ54 121.~~438840~~324813 3.~~916696~~859394 ~~987~~986.~~561160~~236347 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 3,~~752~~748,~~000~~850.0080 4.~~546818~~545404% 32051DQ62 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 B2 1,~~801~~799,~~000~~488.0035 4.~~546818~~545404% 32051DQ70 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 B3 1,~~051~~050,~~000~~117.0085 4.~~546818~~545404% 32051DQ88 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 B4 ~~600~~599,~~000~~496.0040 4.~~546818~~545404% 32051DQ96 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 B5 ~~450~~449,~~000~~622.0030 4.~~546818~~545404% 32051DR20 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 B6 ~~601~~600,~~305~~800.0232 4.~~546818~~545404% 32051DR38 0.~~839339~~847706 3.~~789015~~784657 ~~999~~998.~~160661~~312955 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~300~~298,~~174~~502,~~405~~435.0236 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 19,477,551.26 218,489,045.31 59,280,925.35 Loan count 37 409 120 Avg loan rate 4.347050% 4.885174% 5.020607% Prepay amount 475,674.60 518,783.63 7,355.04 Total ----- Prin balance 297,247,521.92 Loan count 566 Avg loan rate 4.88 Prepay amount 1,001,813.27 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 4,845.19 59,567.55 16,076.76 Sub servicer fees 0.00 0.00 0.00 Trustee fees 99.90 1,095.81 296.80 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 80,489.50 Sub servicer fees 0.00 Trustee fees 1,492.51 Agg advances N/A Adv this period 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 6,003,488.00 6,003,488.00 6,003,488.00 Special Hazard 7,040,943.25 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 18,010,464.00 Special Hazard 7,040,943.25 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 97.239027% 100.000000% 290,254,059.34 ----------------------------------------------------------------------------- Junior 2.760973% 0.000000% 8,241,377.95 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 2,209,509.10 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 2,209,509.10 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 2,385,531.24 2,385,531.24 Principal remittance amount 1,254,913.44 1,254,913.44 Interest remittance amount 1,130,617.80 1,130,617.80

Filing Compare · FIRST HORIZON ASSET SECURITIES INC PAS THRU TR 2003-AR4