8-K 1 ba745787-4_8k.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: January 30, 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) 387-2111 -------------------------------------------------------------------------------- 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 January 30, 2004, Banc of America Mortgage Securities, Inc. (the "Registrant") amended the Pooling and Servicing Agreement, dated September 25, 2003, among the Registrant, as depositor, Bank of America, N.A., as servicer, and Wells Fargo Bank Minnesota, National Association, as trustee, relating to Banc of America Alternative Loan Trust 2003-8 Mortgage Pass-Through Certificates, Series 2003-8. A copy of the amendment is filed as an exhibit hereto. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description (EX-4) Amendment No. 1, dated January 30, 2004, to Pooling and Servicing Agreement, dated September 25, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, National Association, as trustee. 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. January 30, 2004 By: /s/ Judy Lowman ---------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Amendment No. 1, dated January E 30, 2004, to Pooling and Servicing Agreement, dated September 25, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, National Association, as trustee.

Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 12/31/03 Distribution Date: 1/26/04 BAA Series: 2003-8 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, 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 1-CB-1 05948XTV3 SEN 5.50000% 393,036,867.58 1,801,418.97 2,107,805.63 1-CB-WIO 05948XTX9 SEN 0.32116% 0.00 51,955.60 0.00 1-CB-R 05948XTW1 SEN 5.50000% 0.00 0.00 0.00 2-NC-1 05948XTY7 SEN 5.50000% 43,414,071.42 198,981.16 53,318.62 2-NC-2 05948XTZ4 SEN 5.75000% 4,027,913.00 19,300.42 0.00 2-NC-3 05948XVQ1 SEN 0.00000% 183,087.00 0.00 0.00 2-NC-WIO 05948XUA7 SEN 0.23595% 0.00 6,619.36 0.00 3-A-1 05948XUB5 SEN 4.75000% 230,189,764.95 911,167.60 1,327,743.31 3-A-WIO 05948XUC3 SEN 0.47770% 0.00 57,693.60 0.00 PO 05948XUD1 SEN 0.00000% 14,493,989.79 0.00 65,674.34 X-B1 05948XUE9 SUB 5.50000% 10,355,087.93 47,460.82 11,470.14 X-B2 05948XUF6 SUB 5.50000% 4,816,227.25 22,074.37 5,334.85 X-B3 05948XUG4 SUB 5.50000% 2,408,113.62 11,037.19 2,667.42 X-B4 05948XUM1 SUB 5.50000% 2,409,110.36 11,041.76 2,668.53 X-B5 05948XUN9 SUB 5.50000% 1,685,480.19 7,725.12 1,866.98 X-B6 05948XUP4 SUB 5.50000% 1,927,496.61 8,834.36 2,135.05 3-B1 05948XUH2 SUB 4.75000% 2,525,743.80 9,997.73 10,207.18 3-B2 05948XUJ8 SUB 4.75000% 842,902.76 3,336.49 3,406.39 3-B3 05948XUK5 SUB 4.75000% 841,914.60 3,332.58 3,402.39 3-B4 05948XUQ2 SUB 4.75000% 481,235.22 1,904.89 1,944.80 3-B5 05948XUR0 SUB 4.75000% 240,123.53 950.49 970.40 3-B6 05948XUS8 SUB 4.75000% 361,885.92 1,432.46 1,462.47 SES 05948XUL3 SUB 0.00000% 0.00 123,282.55 0.00 Totals 714,241,015.53 3,299,547.52 3,602,078.50

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-CB-1 0.00 390,929,061.95 3,909,224.60 0.00 1-CB-WIO 0.00 0.00 51,955.60 0.00 1-CB-R 0.00 0.00 0.00 0.00 2-NC-1 0.00 43,360,752.80 252,299.78 0.00 2-NC-2 0.00 4,027,913.00 19,300.42 0.00 2-NC-3 0.00 183,087.00 0.00 0.00 2-NC-WIO 0.00 0.00 6,619.36 0.00 3-A-1 0.00 228,862,021.64 2,238,910.91 0.00 3-A-WIO 0.00 0.00 57,693.60 0.00 PO 0.00 14,428,315.45 65,674.34 0.00 X-B1 0.00 10,343,617.79 58,930.96 0.00 X-B2 0.00 4,810,892.40 27,409.22 0.00 X-B3 0.00 2,405,446.20 13,704.61 0.00 X-B4 0.00 2,406,441.83 13,710.29 0.00 X-B5 0.00 1,683,613.21 9,592.10 0.00 X-B6 0.00 1,925,361.55 10,969.41 0.00 3-B1 0.00 2,515,536.62 20,204.91 0.00 3-B2 0.00 839,496.38 6,742.88 0.00 3-B3 0.00 838,512.21 6,734.97 0.00 3-B4 0.00 479,290.43 3,849.69 0.00 3-B5 0.00 239,153.13 1,920.89 0.00 3-B6 0.00 360,423.45 2,894.93 0.00 SES 0.00 0.00 123,282.55 0.00 Totals 0.00 710,638,937.04 6,901,626.02 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) 1-CB-1 400,507,000.00 393,036,867.58 437,356.32 1,670,449.31 0.00 0.00 1-CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00 1-CB-R 100.00 0.00 0.00 0.00 0.00 0.00 2-NC-1 43,588,000.00 43,414,071.42 50,693.05 2,625.57 0.00 0.00 2-NC-2 4,027,913.00 4,027,913.00 0.00 0.00 0.00 0.00 2-NC-3 183,087.00 183,087.00 0.00 0.00 0.00 0.00 2-NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 234,719,000.00 230,189,764.95 930,256.19 397,487.12 0.00 0.00 3-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 PO 14,663,223.00 14,493,989.79 27,997.07 37,677.28 0.00 0.00 X-B1 10,389,000.00 10,355,087.93 11,470.14 0.00 0.00 0.00 X-B2 4,832,000.00 4,816,227.25 5,334.85 0.00 0.00 0.00 X-B3 2,416,000.00 2,408,113.62 2,667.42 0.00 0.00 0.00 X-B4 2,417,000.00 2,409,110.36 2,668.53 0.00 0.00 0.00 X-B5 1,691,000.00 1,685,480.19 1,866.98 0.00 0.00 0.00 X-B6 1,933,809.00 1,927,496.61 2,135.05 0.00 0.00 0.00 3-B1 2,556,000.00 2,525,743.80 10,207.18 0.00 0.00 0.00 3-B2 853,000.00 842,902.76 3,406.39 0.00 0.00 0.00 3-B3 852,000.00 841,914.60 3,402.39 0.00 0.00 0.00 3-B4 487,000.00 481,235.22 1,944.80 0.00 0.00 0.00 3-B5 243,000.00 240,123.53 970.40 0.00 0.00 0.00 3-B6 366,221.00 361,885.92 1,462.47 0.00 0.00 0.00 Totals 726,724,353.00 714,241,015.53 1,493,839.23 2,108,239.28 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 1-CB-1 2,107,805.63 390,929,061.95 0.97608547 2,107,805.63 1-CB-WIO 0.00 0.00 0.00000000 0.00 1-CB-R 0.00 0.00 0.00000000 0.00 2-NC-1 53,318.62 43,360,752.80 0.99478647 53,318.62 2-NC-2 0.00 4,027,913.00 1.00000000 0.00 2-NC-3 0.00 183,087.00 1.00000000 0.00 2-NC-WIO 0.00 0.00 0.00000000 0.00 3-A-1 1,327,743.31 228,862,021.64 0.97504685 1,327,743.31 3-A-WIO 0.00 0.00 0.00000000 0.00 PO 65,674.34 14,428,315.45 0.98397981 65,674.34 X-B1 11,470.14 10,343,617.79 0.99563171 11,470.14 X-B2 5,334.85 4,810,892.40 0.99563171 5,334.85 X-B3 2,667.42 2,405,446.20 0.99563171 2,667.42 X-B4 2,668.53 2,406,441.83 0.99563170 2,668.53 X-B5 1,866.98 1,683,613.21 0.99563170 1,866.98 X-B6 2,135.05 1,925,361.55 0.99563170 2,135.05 3-B1 10,207.18 2,515,536.62 0.98416926 10,207.18 3-B2 3,406.39 839,496.38 0.98416926 3,406.39 3-B3 3,402.39 838,512.21 0.98416926 3,402.39 3-B4 1,944.80 479,290.43 0.98416926 1,944.80 3-B5 970.40 239,153.13 0.98416926 970.40 3-B6 1,462.47 360,423.45 0.98416926 1,462.47 Totals 3,602,078.50 710,638,937.04 0.97786586 3,602,078.50

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-CB-1 400,507,000.00 981.34830997 1.09200668 4.17083674 0.00000000 1-CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 43,588,000.00 996.00971414 1.16300473 0.06023607 0.00000000 2-NC-2 4,027,913.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-3 183,087.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 234,719,000.00 980.70358578 3.96327604 1.69345950 0.00000000 3-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 14,663,223.00 988.45866219 1.90933944 2.56950876 0.00000000 X-B1 10,389,000.00 996.73577149 1.10406584 0.00000000 0.00000000 X-B2 4,832,000.00 996.73577194 1.10406664 0.00000000 0.00000000 X-B3 2,416,000.00 996.73576987 1.10406457 0.00000000 0.00000000 X-B4 2,417,000.00 996.73577162 1.10406703 0.00000000 0.00000000 X-B5 1,691,000.00 996.73577173 1.10406860 0.00000000 0.00000000 X-B6 1,933,809.00 996.73577380 1.10406457 0.00000000 0.00000000 3-B1 2,556,000.00 988.16267606 3.99341941 0.00000000 0.00000000 3-B2 853,000.00 988.16267292 3.99342321 0.00000000 0.00000000 3-B3 852,000.00 988.16267606 3.99341549 0.00000000 0.00000000 3-B4 487,000.00 988.16266940 3.99342916 0.00000000 0.00000000 3-B5 243,000.00 988.16267490 3.99341564 0.00000000 0.00000000 3-B6 366,221.00 988.16266681 3.99340835 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 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 1-CB-1 0.00000000 5.26284342 976.08546655 0.97608547 5.26284342 1-CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 0.00000000 1.22324080 994.78647334 0.99478647 1.22324080 2-NC-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 5.65673554 975.04685023 0.97504685 5.65673554 3-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 4.47884752 983.97981467 0.98397981 4.47884752 X-B1 0.00000000 1.10406584 995.63170565 0.99563171 1.10406584 X-B2 0.00000000 1.10406664 995.63170530 0.99563171 1.10406664 X-B3 0.00000000 1.10406457 995.63170530 0.99563171 1.10406457 X-B4 0.00000000 1.10406703 995.63170459 0.99563170 1.10406703 X-B5 0.00000000 1.10406860 995.63170313 0.99563170 1.10406860 X-B6 0.00000000 1.10406457 995.63170406 0.99563170 1.10406457 3-B1 0.00000000 3.99341941 984.16925665 0.98416926 3.99341941 3-B2 0.00000000 3.99342321 984.16926143 0.98416926 3.99342321 3-B3 0.00000000 3.99341549 984.16926056 0.98416926 3.99341549 3-B4 0.00000000 3.99342916 984.16926078 0.98416926 3.99342916 3-B5 0.00000000 3.99341564 984.16925926 0.98416926 3.99341564 3-B6 0.00000000 3.99340835 984.16925845 0.98416926 3.99340835 SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 1-CB-1 400,507,000.00 5.50000% 393,036,867.58 1,801,418.98 0.00 0.00 1-CB-WIO 0.00 0.32116% 194,132,503.95 51,955.60 0.00 0.00 1-CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00 2-NC-1 43,588,000.00 5.50000% 43,414,071.42 198,981.16 0.00 0.00 2-NC-2 4,027,913.00 5.75000% 4,027,913.00 19,300.42 0.00 0.00 2-NC-3 183,087.00 0.00000% 183,087.00 0.00 0.00 0.00 2-NC-WIO 0.00 0.23595% 33,665,521.55 6,619.36 0.00 0.00 3-A-1 234,719,000.00 4.75000% 230,189,764.95 911,167.82 0.00 0.00 3-A-WIO 0.00 0.47770% 144,927,986.80 57,693.60 0.00 0.00 PO 14,663,223.00 0.00000% 14,493,989.79 0.00 0.00 0.00 X-B1 10,389,000.00 5.50000% 10,355,087.93 47,460.82 0.00 0.00 X-B2 4,832,000.00 5.50000% 4,816,227.25 22,074.37 0.00 0.00 X-B3 2,416,000.00 5.50000% 2,408,113.62 11,037.19 0.00 0.00 X-B4 2,417,000.00 5.50000% 2,409,110.36 11,041.76 0.00 0.00 X-B5 1,691,000.00 5.50000% 1,685,480.19 7,725.12 0.00 0.00 X-B6 1,933,809.00 5.50000% 1,927,496.61 8,834.36 0.00 0.00 3-B1 2,556,000.00 4.75000% 2,525,743.80 9,997.74 0.00 0.00 3-B2 853,000.00 4.75000% 842,902.76 3,336.49 0.00 0.00 3-B3 852,000.00 4.75000% 841,914.60 3,332.58 0.00 0.00 3-B4 487,000.00 4.75000% 481,235.22 1,904.89 0.00 0.00 3-B5 243,000.00 4.75000% 240,123.53 950.49 0.00 0.00 3-B6 366,221.00 4.75000% 361,885.92 1,432.47 0.00 0.00 SES 0.00 0.00000% 714,241,017.06 0.00 0.00 0.00 Totals 726,724,353.00 3,176,265.22 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 1-CB-1 0.01 0.00 1,801,418.97 0.00 390,929,061.95 1-CB-WIO 0.00 0.00 51,955.60 0.00 192,855,921.34 1-CB-R 0.00 0.00 0.00 0.00 0.00 2-NC-1 0.00 0.00 198,981.16 0.00 43,360,752.80 2-NC-2 0.00 0.00 19,300.42 0.00 4,027,913.00 2-NC-3 0.00 0.00 0.00 0.00 183,087.00 2-NC-WIO 0.00 0.00 6,619.36 0.00 33,628,449.95 3-A-1 0.22 0.00 911,167.60 0.00 228,862,021.64 3-A-WIO 0.00 0.00 57,693.60 0.00 144,046,529.18 PO 0.00 0.00 0.00 0.00 14,428,315.45 X-B1 0.00 0.00 47,460.82 0.00 10,343,617.79 X-B2 0.00 0.00 22,074.37 0.00 4,810,892.40 X-B3 0.00 0.00 11,037.19 0.00 2,405,446.20 X-B4 0.00 0.00 11,041.76 0.00 2,406,441.83 X-B5 0.00 0.00 7,725.12 0.00 1,683,613.21 X-B6 0.00 0.00 8,834.36 0.00 1,925,361.55 3-B1 0.00 0.00 9,997.73 0.00 2,515,536.62 3-B2 0.00 0.00 3,336.49 0.00 839,496.38 3-B3 0.00 0.00 3,332.58 0.00 838,512.21 3-B4 0.00 0.00 1,904.89 0.00 479,290.43 3-B5 0.00 0.00 950.49 0.00 239,153.13 3-B6 0.00 0.00 1,432.46 0.00 360,423.45 SES 0.00 0.00 123,282.55 0.00 710,638,938.54 Totals 0.23 0.00 3,299,547.52 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 1-CB-1 400,507,000.00 5.50000% 981.34830997 4.49784643 0.00000000 0.00000000 1-CB-WIO 0.00 0.32116% 978.52161394 0.26188133 0.00000000 0.00000000 1-CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 43,588,000.00 5.50000% 996.00971414 4.56504451 0.00000000 0.00000000 2-NC-2 4,027,913.00 5.75000% 1000.00000000 4.79166755 0.00000000 0.00000000 2-NC-3 183,087.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-WIO 0.00 0.23595% 996.28919615 0.19589172 0.00000000 0.00000000 3-A-1 234,719,000.00 4.75000% 980.70358578 3.88195170 0.00000000 0.00000000 3-A-WIO 0.00 0.47770% 977.92371691 0.38929637 0.00000000 0.00000000 PO 14,663,223.00 0.00000% 988.45866219 0.00000000 0.00000000 0.00000000 X-B1 10,389,000.00 5.50000% 996.73577149 4.56837232 0.00000000 0.00000000 X-B2 4,832,000.00 5.50000% 996.73577194 4.56837127 0.00000000 0.00000000 X-B3 2,416,000.00 5.50000% 996.73576987 4.56837334 0.00000000 0.00000000 X-B4 2,417,000.00 5.50000% 996.73577162 4.56837402 0.00000000 0.00000000 X-B5 1,691,000.00 5.50000% 996.73577173 4.56837374 0.00000000 0.00000000 X-B6 1,933,809.00 5.50000% 996.73577380 4.56837257 0.00000000 0.00000000 3-B1 2,556,000.00 4.75000% 988.16267606 3.91147887 0.00000000 0.00000000 3-B2 853,000.00 4.75000% 988.16267292 3.91147714 0.00000000 0.00000000 3-B3 852,000.00 4.75000% 988.16267606 3.91147887 0.00000000 0.00000000 3-B4 487,000.00 4.75000% 988.16266940 3.91147844 0.00000000 0.00000000 3-B5 243,000.00 4.75000% 988.16267490 3.91148148 0.00000000 0.00000000 3-B6 366,221.00 4.75000% 988.16266681 3.91149060 0.00000000 0.00000000 SES 0.00 0.00000% 982.82245757 0.00000000 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 1-CB-1 0.00000002 0.00000000 4.49784640 0.00000000 976.08546655 1-CB-WIO 0.00000000 0.00000000 0.26188133 0.00000000 972.08702082 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 0.00000000 0.00000000 4.56504451 0.00000000 994.78647334 2-NC-2 0.00000000 0.00000000 4.79166755 0.00000000 1000.00000000 2-NC-3 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-NC-WIO 0.00000000 0.00000000 0.19589172 0.00000000 995.19210830 3-A-1 0.00000094 0.00000000 3.88195076 0.00000000 975.04685023 3-A-WIO 0.00000000 0.00000000 0.38929637 0.00000000 971.97594705 PO 0.00000000 0.00000000 0.00000000 0.00000000 983.97981467 X-B1 0.00000000 0.00000000 4.56837232 0.00000000 995.63170565 X-B2 0.00000000 0.00000000 4.56837127 0.00000000 995.63170530 X-B3 0.00000000 0.00000000 4.56837334 0.00000000 995.63170530 X-B4 0.00000000 0.00000000 4.56837402 0.00000000 995.63170459 X-B5 0.00000000 0.00000000 4.56837374 0.00000000 995.63170313 X-B6 0.00000000 0.00000000 4.56837257 0.00000000 995.63170406 3-B1 0.00000000 0.00000000 3.91147496 0.00000000 984.16925665 3-B2 0.00000000 0.00000000 3.91147714 0.00000000 984.16926143 3-B3 0.00000000 0.00000000 3.91147887 0.00000000 984.16926056 3-B4 0.00000000 0.00000000 3.91147844 0.00000000 984.16926078 3-B5 0.00000000 0.00000000 3.91148148 0.00000000 984.16925926 3-B6 0.00000000 0.00000000 3.91146330 0.00000000 984.16925845 SES 0.00000000 0.00000000 0.16964142 0.00000000 977.86586228 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage PO 1-CB 0.00000% 0.00 0.00 10,645,070.04 10,598,602.86 98.47822592% PO 2-NC 0.00000% 0.00 0.00 466,824.49 466,269.54 99.52242763% PO-3APO 0.00000% 0.00 0.00 3,382,095.26 3,363,443.04 97.99288298% SES 1-CB 0.00000% 424,803,534.04 422,625,757.93 0.00 0.00 97.72585449% SES 1-NC 0.00000% 50,571,816.10 50,515,302.86 0.00 0.00 99.52722752% SES 3A 0.00000% 238,865,666.92 237,497,877.75 0.00 0.00 97.53163576%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 7,052,509.35 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 7,052,509.35 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 150,883.33 Payment of Interest and Principal 6,901,626.02 Total Withdrawals (Pool Distribution Amount) 7,052,509.35 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 148,800.18 Trustee Fee - Wells Fargo Bank, N.A. 2,083.15 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 150,883.33

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 0 0 0 0.00 0.00 0.00 0.00 30 Days 39 0 0 0 39 4,839,178.92 0.00 0.00 0.00 4,839,178.92 60 Days 6 0 0 0 6 676,069.38 0.00 0.00 0.00 676,069.38 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 45 0 0 0 45 5,515,248.30 0.00 0.00 0.00 5,515,248.30 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.740319% 0.000000% 0.000000% 0.000000% 0.740319% 0.679769% 0.000000% 0.000000% 0.000000% 0.679769% 60 Days 0.113895% 0.000000% 0.000000% 0.000000% 0.113895% 0.094969% 0.000000% 0.000000% 0.000000% 0.094969% 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 0.854214% 0.000000% 0.000000% 0.000000% 0.854214% 0.774738% 0.000000% 0.000000% 0.000000% 0.774738%

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group One 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 28 0 0 0 28 3,277,916.10 0.00 0.00 0.00 3,277,916.10 60 Days 5 0 0 0 5 622,145.51 0.00 0.00 0.00 622,145.51 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 33 0 0 0 33 3,900,061.61 0.00 0.00 0.00 3,900,061.61 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.932712% 0.000000% 0.000000% 0.000000% 0.932712% 0.774884% 0.000000% 0.000000% 0.000000% 0.774884% 60 Days 0.166556% 0.000000% 0.000000% 0.000000% 0.166556% 0.147072% 0.000000% 0.000000% 0.000000% 0.147072% 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 1.099267% 0.000000% 0.000000% 0.000000% 1.099267% 0.921956% 0.000000% 0.000000% 0.000000% 0.921956% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group Two 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 1 0 0 0 1 498,463.18 0.00 0.00 0.00 498,463.18 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 1 0 0 0 1 498,463.18 0.00 0.00 0.00 498,463.18 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.961538% 0.000000% 0.000000% 0.000000% 0.961538% 0.985906% 0.000000% 0.000000% 0.000000% 0.985906% 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 0.961538% 0.000000% 0.000000% 0.000000% 0.961538% 0.985906% 0.000000% 0.000000% 0.000000% 0.985906% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group Three 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 10 0 0 0 10 1,062,799.64 0.00 0.00 0.00 1,062,799.64 60 Days 1 0 0 0 1 53,923.87 0.00 0.00 0.00 53,923.87 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 11 0 0 0 11 1,116,723.51 0.00 0.00 0.00 1,116,723.51 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.462535% 0.000000% 0.000000% 0.000000% 0.462535% 0.445980% 0.000000% 0.000000% 0.000000% 0.445980% 60 Days 0.046253% 0.000000% 0.000000% 0.000000% 0.046253% 0.022628% 0.000000% 0.000000% 0.000000% 0.022628% 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 0.508788% 0.000000% 0.000000% 0.000000% 0.508788% 0.468608% 0.000000% 0.000000% 0.000000% 0.468608%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 35,198.97

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.589960% Weighted Average Net Coupon 5.339960% Weighted Average Pass-Through Rate 5.336460% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 5,285 Number Of Loans Paid In Full 17 Ending Scheduled Collateral Loan Count 5,268 Beginning Scheduled Collateral Balance 714,241,017.06 Ending Scheduled Collateral Balance 710,638,938.54 Ending Actual Collateral Balance at 31-Dec-2003 711,885,644.72 Monthly P &I Constant 4,820,987.96 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 710,638,938.54 Scheduled Principal 1,493,839.24 Unscheduled Principal 2,108,239.28

Group Level Collateral Statement Group Group One Group Two Group Three Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.762443 5.859798 5.226082 Weighted Average Net Rate 5.512444 5.609799 4.976082 Weighted Average Maturity 351 353 170 Beginning Loan Count 3,014 104 2,167 Loans Paid In Full 12 0 5 Ending Loan Count 3,002 104 2,162 Beginning Scheduled Balance 424,803,534.04 50,571,816.10 238,865,666.92 Ending scheduled Balance 422,625,757.93 50,515,302.86 237,497,877.75 Record Date 12/31/2003 12/31/2003 12/31/2003 Principal And Interest Constant 2,513,789.30 300,807.13 2,006,391.53 Scheduled Principal 473,867.33 53,856.59 966,115.32 Unscheduled Principal 1,703,908.78 2,656.65 401,673.85 Scheduled Interest 2,039,921.97 246,950.54 1,040,276.21 Servicing Fees 88,500.73 10,535.79 49,763.66 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,239.00 147.50 696.65 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 1,950,182.24 236,267.25 989,815.90 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 5.508944 5.606298 4.972582

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 5.589960 Weighted Average Net Rate 5.339960 Weighted Average Maturity 353 Beginning Loan Count 5,285 Loans Paid In Full 17 Ending Loan Count 5,268 Beginning Scheduled Balance 714,241,017.06 Ending scheduled Balance 710,638,938.54 Record Date 12/31/2003 Principal And Interest Constant 4,820,987.96 Scheduled Principal 1,493,839.24 Unscheduled Principal 2,108,239.28 Scheduled Interest 3,327,148.72 Servicing Fees 148,800.18 Master Servicing Fees 0.00 Trustee Fee 2,083.15 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 3,176,265.39 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 5.336460

Miscellaneous Reporting Group Group One CPR % Group One 4.713627% Senior % Group One 94.900117% Subordinate % Group One 5.099883% Senior Prepayment % Group One 100.000000% Subordinate Prepayment % Group One 0.000000% Group Group Two CPR % Group Two 0.063088% Senior % Group Two 95.050553% Subordinate % Group Two 4.949447% Senior Prepayment % Group Two 100.000000% Subordinate Prepayment % Group Two 0.000000% Group Group Three CPR % Group Three 2.007392% Senior % Group Three 97.751942% Subordinate % Group Three 2.248058% Senior Prepayment % Group Three 100.000000% Subordinate Prepayment % Group Three 0.000000%

Filing Compare · BANC OF AMERICA MORT SEC ALTERNATIVE LOAN TR 2003-8