8-K 1 fh03ar4_8k0403.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): March 25, 2004 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 March 25, 2004, 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 March 25, 2004 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: March 25, 2004 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 March 25, 2004 Payment Date: 03/25/04 ------------------------------------------------------------ (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 1918,~~429~~869,~~319~~596.7086 4.~~050050~~052442% ~~501~~498,~~870~~448.5901 6563,~~574~~723.7629 ~~567~~562,~~445~~171.3529 0.00 0.00 2A1 ~~213~~205,~~114~~102,~~628~~691.1565 4.~~551174~~538581% ~~668~~6,~~626~~499,178.6831 ~~808~~775,~~268~~729.1131 17,~~476~~274,~~894~~907.7962 0.00 0.00 Residual 2AR 0.00 4.~~551174~~538581% 0.00 0.00 0.00 0.00 0.00 3A1 57,~~710~~477,~~111~~149.4944 4.~~689607~~689779% 772,~~418~~009,249.1088 ~~225~~224,~~531~~629.4328 ~~302~~2,~~949~~233,879.5315 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 3,~~748~~739,~~850~~282.8060 4.~~545404~~536383% 3,~~180~~151.5938 14,~~200~~135.0368 17,~~380~~287.6306 0.00 0.00 B2 1,~~799~~794,~~488~~895.3551 4.~~545404~~536383% 1,~~526~~512.7270 6,~~816~~785.1728 8,~~342~~297.8997 0.00 0.00 B3 1,~~050~~047,~~117~~437.8564 4.~~545404~~536383% ~~890~~882.9476 3,~~977~~959.6765 4,~~868~~842.6140 0.00 0.00 B4 ~~599~~597,~~496~~966.4030 4.~~545404~~536383% ~~508~~503.6295 2,~~270~~260.7950 2,~~779~~764.4246 0.00 0.00 B5 ~~449~~448,~~622~~474.3073 4.~~545404~~536383% ~~381~~377.4796 1,~~703~~695.1038 2,~~084~~073.5634 0.00 0.00 B6 ~~600~~599,~~800~~266.3291 4.~~545404~~536383% ~~509~~505.7305 2,~~275~~265.7342 2,~~785~~770.4647 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~298~~289,~~502~~676,~~435~~761.3663 - 19,~~254~~013,~~913~~809.4499 1,~~130~~095,~~617~~183.8079 210,~~385~~108,~~531~~993.2478 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 18,~~927~~371,~~449~~148.1185 0.00 2A1 ~~212~~198,~~446~~603,~~001~~513.4834 0.00 Residual 2AR 0.00 0.00 3A1 5755,~~632~~467,~~693~~899.3956 0.00 -------------------------------------------------------------------------------- Subordinate B1 3,~~745~~736,~~670~~131.2122 0.00 B2 1,~~797~~793,~~961~~382.6382 0.00 B3 1,~~049~~046,~~226~~554.9288 0.00 B4 ~~598~~597,~~987~~462.7735 0.00 B5 ~~449~~448,~~240~~096.8376 0.00 B6 ~~600~~598,~~290~~761.5986 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~297~~280,~~247~~662,~~521~~951.9264 - --------------------------------------------------------------------------------

Payment Date: 03/25/04 ------------------------------------------------------------ (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 1918,~~429~~869,~~319~~596.7086 4.~~050050~~052442% 32051DQ21 25.~~736953~~561436 3.~~362808~~267861 ~~970~~942.~~638416~~110198 2A1 ~~213~~205,~~114~~102,~~628~~691.1565 4.~~551174~~538581% 32051DQ39 330.~~124687~~372547 3.~~777271~~625208 ~~992~~928.~~821833~~131868 Residual 2AR 0.00 4.~~551174~~538581% 32051DQ47 0.000000 0.~~000000~~023083 0.000000 3A1 57,~~710~~477,~~111~~149.4944 4.~~689607~~689779% 32051DQ54 134.~~324813~~383180 3.~~859394~~843956 ~~986~~949.~~236347~~191429 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 3,~~748~~739,~~850~~282.8060 4.~~545404~~536383% 32051DQ62 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770580 B2 1,~~799~~794,~~488~~895.3551 4.~~545404~~536383% 32051DQ70 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770580 B3 1,~~050~~047,~~117~~437.8564 4.~~545404~~536383% 32051DQ88 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770580 B4 ~~599~~597,~~496~~966.4030 4.~~545404~~536383% 32051DQ96 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770580 B5 ~~449~~448,~~622~~474.3073 4.~~545404~~536383% 32051DR20 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770580 B6 ~~600~~599,~~800~~266.3291 4.~~545404~~536383% 32051DR38 0.~~847706~~839920 3.~~784657~~767506 ~~998~~995.~~312955~~770602 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~298~~289,~~502~~676,~~435~~761.3663 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 18,918,968.78 204,633,858.37 57,110,124.48 Loan count 36 389 116 Avg loan rate 4.349442% 4.872581% 5.020779% Prepay amount 472,599.43 6,356,084.91 1,940,305.67 Total ----- Prin balance 280,662,951.63 Loan count 541 Avg loan rate 4.87 Prepay amount 8,768,990.01 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 3,941.21 53,562.53 15,673.39 Sub servicer fees 0.00 0.00 0.00 Trustee fees 97.09 1,055.69 295.61 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 73,177.13 Sub servicer fees 0.00 Trustee fees 1,448.38 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 6,821,760.47 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 18,010,464.00 Special Hazard 6,821,760.47 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 97.162152% 100.000000% 281,449,437.95 ----------------------------------------------------------------------------- Junior 2.837848% 0.000000% 8,220,389.88 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 3,031,864.70 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 3,031,864.70 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 10,108,993.78 10,108,993.78 Principal remittance amount 9,013,809.99 9,013,809.99 Interest remittance amount 1,095,183.79 1,095,183.79

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