8-K 1 ba826440-8k.txt CURRENT REPORT UNITED STATES 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: March 25, 2005 (Date of earliest event reported) Banc of America Mortgage Securities, Inc. -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-118843 36-4514369 ------------------------------------------------------------------------------ (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 201 North Tryon Street, Charlotte, North Carolina 28255 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) Registrant's telephone number, including area code (704) 387-8239 ---------------------------- -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01. Other Events ------------ On March 25, 2005, Banc of America Mortgage Securities, Inc. (the "Registrant") amended the Pooling and Servicing Agreement, dated May 27, 2004, among the Registrant, as depositor, Bank of America, N.A., as servicer, and Wells Fargo Bank, N.A., as trustee, relating to the Registrant's Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates, Series 2004-5. A copy of the amendment is filed as an exhibit hereto. ITEM 9.01 Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ----------- ----------- Ex. 4 Amendment No. 1, dated as of March 25, 2005, to Pooling and Servicing Agreement, dated May 27, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank, N.A., 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. March 25, 2005 By: /s/ Judy Lowman -------------------------------------- Judy Lowman Vice President INDEX TO EXHIBITS ----------------- Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Amendment No. 1, dated as of March E 25, 2005, to Pooling and Servicing Agreement, dated May 27, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank, N.A., as trustee.

Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-5 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 1-A-1 05948KRB7 SEN 6.00000% 168,468,361.61 840,514.06 2,093,447.42 1-A-R 05948KRC5 SEN 6.00000% 0.00 0.00 0.00 1-A-LR 05948KRD3 SEN 6.00000% 0.00 0.00 0.00 2-A-1 05948KRE1 SEN 6.00000% 91,236,585.49 455,193.08 715,704.20 CB-IO 05948KRF8 SEN 0.26188% 0.00 1,853.99 0.00 3-A-1 05948KRG6 SEN 5.75000% 42,260,228.97 202,057.54 72,960.70 3-A-2 05948KRH4 SEN 6.00000% 7,225,833.00 36,050.77 0.00 3-A-3 05948KRJ0 SEN 0.00000% 314,167.00 0.00 0.00 3-IO 05948KRK7 SEN 0.30520% 0.00 2,323.88 0.00 4-A-1 05948KRL5 SEN 5.00000% 89,946,945.56 374,778.94 1,203,425.72 4-A-2 05948KRM3 SEN 5.00000% 16,985,000.00 70,770.83 0.00 4-IO 05948KRN1 SEN 0.24355% 0.00 12,097.18 0.00 PO 05948KRP6 SEN 0.00000% 20,566,000.35 0.00 174,495.74 4-B-1 05948KRU5 SUB 5.00000% 1,490,836.55 6,211.82 5,799.90 4-B-2 05948KRV3 SUB 5.00000% 229,735.47 957.23 893.76 4-B-3 05948KRW1 SUB 5.00000% 344,114.40 1,433.81 1,338.73 4-B-4 05948KSB6 SUB 5.00000% 172,057.20 716.91 669.37 4-B-5 05948KSC4 SUB 5.00000% 172,057.20 716.91 669.37 4-B-6 05948KSD2 SUB 5.00000% 114,940.08 478.92 447.16 30-B-1 05948KRR2 SUB 5.75000% 6,821,063.58 32,613.34 7,351.90 30-B-2 05948KRS0 SUB 5.75000% 3,230,664.00 15,446.68 3,482.08 30-B-3 05948KRT8 SUB 5.75000% 1,794,702.92 8,580.96 1,934.37 30-B-4 05948KRY7 SUB 5.75000% 1,794,702.92 8,580.96 1,934.37 30-B-5 05948KRZ4 SUB 5.75000% 1,257,087.04 6,010.47 1,354.92 30-B-6 05948KSA8 SUB 5.75000% 1,436,009.84 6,865.95 1,547.75 30-B-IO 05948KRQ4 SUB 0.25000% 0.00 2,857.75 0.00 SES 05948KRX9 SEN 0.00000% 0.00 78,351.46 0.00 Totals 455,861,093.18 2,165,463.44 4,287,457.46

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 166,374,914.18 2,933,961.48 0.00 1-A-R 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.00 0.00 2-A-1 0.00 90,520,881.29 1,170,897.28 0.00 CB-IO 0.00 0.00 1,853.99 0.00 3-A-1 0.00 42,187,268.27 275,018.24 0.00 3-A-2 0.00 7,225,833.00 36,050.77 0.00 3-A-3 0.00 314,167.00 0.00 0.00 3-IO 0.00 0.00 2,323.88 0.00 4-A-1 0.00 88,743,519.84 1,578,204.66 0.00 4-A-2 0.00 16,985,000.00 70,770.83 0.00 4-IO 0.00 0.00 12,097.18 0.00 PO 0.00 20,391,504.60 174,495.74 0.00 4-B-1 0.00 1,485,036.65 12,011.72 0.00 4-B-2 0.00 228,841.71 1,850.99 0.00 4-B-3 0.00 342,775.67 2,772.54 0.00 4-B-4 0.00 171,387.84 1,386.28 0.00 4-B-5 0.00 171,387.84 1,386.28 0.00 4-B-6 0.00 114,492.93 926.08 0.00 30-B-1 0.00 6,813,711.69 39,965.24 0.00 30-B-2 0.00 3,227,181.92 18,928.76 0.00 30-B-3 0.00 1,792,768.55 10,515.33 0.00 30-B-4 0.00 1,792,768.55 10,515.33 0.00 30-B-5 0.00 1,255,732.12 7,365.39 0.00 30-B-6 0.00 1,434,462.08 8,413.70 0.00 30-B-IO 0.00 0.00 2,857.75 0.00 SES 0.00 0.00 78,351.46 0.00 Totals 0.00 451,573,635.73 6,452,920.90 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-A-1 177,163,000.00 168,468,361.61 181,444.93 1,912,002.50 0.00 0.00 1-A-R 50.00 0.00 0.00 0.00 0.00 0.00 1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 2-A-1 95,263,000.00 91,236,585.49 97,031.32 618,672.87 0.00 0.00 CB-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 45,775,000.00 42,260,228.97 55,130.17 17,830.52 0.00 0.00 3-A-2 7,225,833.00 7,225,833.00 0.00 0.00 0.00 0.00 3-A-3 314,167.00 314,167.00 0.00 0.00 0.00 0.00 3-IO 0.00 0.00 0.00 0.00 0.00 0.00 4-A-1 95,443,000.00 89,946,945.56 416,004.63 787,421.09 0.00 0.00 4-A-2 16,985,000.00 16,985,000.00 0.00 0.00 0.00 0.00 4-IO 0.00 0.00 0.00 0.00 0.00 0.00 PO 21,361,292.00 20,566,000.35 29,121.44 145,374.31 0.00 0.00 4-B-1 1,525,000.00 1,490,836.55 5,799.90 0.00 0.00 0.00 4-B-2 235,000.00 229,735.47 893.76 0.00 0.00 0.00 4-B-3 352,000.00 344,114.40 1,338.73 0.00 0.00 0.00 4-B-4 176,000.00 172,057.20 669.37 0.00 0.00 0.00 4-B-5 176,000.00 172,057.20 669.37 0.00 0.00 0.00 4-B-6 117,574.00 114,940.08 447.16 0.00 0.00 0.00 30-B-1 6,864,000.00 6,821,063.58 7,351.90 0.00 0.00 0.00 30-B-2 3,251,000.00 3,230,664.00 3,482.08 0.00 0.00 0.00 30-B-3 1,806,000.00 1,794,702.92 1,934.37 0.00 0.00 0.00 30-B-4 1,806,000.00 1,794,702.92 1,934.37 0.00 0.00 0.00 30-B-5 1,265,000.00 1,257,087.04 1,354.92 0.00 0.00 0.00 30-B-6 1,445,049.00 1,436,009.84 1,547.75 0.00 0.00 0.00 30-B-IO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 478,549,015.00 455,861,093.18 806,156.17 3,481,301.29 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-A-1 2,093,447.42 166,374,914.18 0.93910644 2,093,447.42 1-A-R 0.00 0.00 0.00000000 0.00 1-A-LR 0.00 0.00 0.00000000 0.00 2-A-1 715,704.20 90,520,881.29 0.95022077 715,704.20 CB-IO 0.00 0.00 0.00000000 0.00 3-A-1 72,960.70 42,187,268.27 0.92162246 72,960.70 3-A-2 0.00 7,225,833.00 1.00000000 0.00 3-A-3 0.00 314,167.00 1.00000000 0.00 3-IO 0.00 0.00 0.00000000 0.00 4-A-1 1,203,425.72 88,743,519.84 0.92980648 1,203,425.72 4-A-2 0.00 16,985,000.00 1.00000000 0.00 4-IO 0.00 0.00 0.00000000 0.00 PO 174,495.74 20,391,504.60 0.95460071 174,495.74 4-B-1 5,799.90 1,485,036.65 0.97379452 5,799.90 4-B-2 893.76 228,841.71 0.97379451 893.76 4-B-3 1,338.73 342,775.67 0.97379452 1,338.73 4-B-4 669.37 171,387.84 0.97379455 669.37 4-B-5 669.37 171,387.84 0.97379455 669.37 4-B-6 447.16 114,492.93 0.97379463 447.16 30-B-1 7,351.90 6,813,711.69 0.99267361 7,351.90 30-B-2 3,482.08 3,227,181.92 0.99267361 3,482.08 30-B-3 1,934.37 1,792,768.55 0.99267362 1,934.37 30-B-4 1,934.37 1,792,768.55 0.99267362 1,934.37 30-B-5 1,354.92 1,255,732.12 0.99267361 1,354.92 30-B-6 1,547.75 1,434,462.08 0.99267366 1,547.75 30-B-IO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 4,287,457.46 451,573,635.73 0.94363090 4,287,457.46

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 177,163,000.00 950.92294446 1.02416944 10.79233531 0.00000000 1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 95,263,000.00 957.73370028 1.01856251 6.49436686 0.00000000 CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 45,775,000.00 923.21636199 1.20437291 0.38952529 0.00000000 3-A-2 7,225,833.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-3 314,167.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A-1 95,443,000.00 942.41532182 4.35867093 8.25017120 0.00000000 4-A-2 16,985,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 4-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 21,361,292.00 962.76949681 1.36328084 6.80550175 0.00000000 4-B-1 1,525,000.00 977.59773770 3.80321311 0.00000000 0.00000000 4-B-2 235,000.00 977.59774468 3.80323404 0.00000000 0.00000000 4-B-3 352,000.00 977.59772727 3.80321023 0.00000000 0.00000000 4-B-4 176,000.00 977.59772727 3.80323864 0.00000000 0.00000000 4-B-5 176,000.00 977.59772727 3.80323864 0.00000000 0.00000000 4-B-6 117,574.00 977.59776821 3.80322180 0.00000000 0.00000000 30-B-1 6,864,000.00 993.74469406 1.07108100 0.00000000 0.00000000 30-B-2 3,251,000.00 993.74469394 1.07107967 0.00000000 0.00000000 30-B-3 1,806,000.00 993.74469546 1.07107973 0.00000000 0.00000000 30-B-4 1,806,000.00 993.74469546 1.07107973 0.00000000 0.00000000 30-B-5 1,265,000.00 993.74469565 1.07108300 0.00000000 0.00000000 30-B-6 1,445,049.00 993.74473807 1.07107095 0.00000000 0.00000000 30-B-IO 0.00 0.00000000 0.00000000 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-A-1 0.00000000 11.81650469 939.10643972 0.93910644 11.81650469 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 7.51292947 950.22077081 0.95022077 7.51292947 CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 1.59389842 921.62246357 0.92162246 1.59389842 3-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A-1 0.00000000 12.60884214 929.80647968 0.92980648 12.60884214 4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 4-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 8.16878211 954.60071423 0.95460071 8.16878211 4-B-1 0.00000000 3.80321311 973.79452459 0.97379452 3.80321311 4-B-2 0.00000000 3.80323404 973.79451064 0.97379451 3.80323404 4-B-3 0.00000000 3.80321023 973.79451705 0.97379452 3.80321023 4-B-4 0.00000000 3.80323864 973.79454545 0.97379455 3.80323864 4-B-5 0.00000000 3.80323864 973.79454545 0.97379455 3.80323864 4-B-6 0.00000000 3.80322180 973.79463147 0.97379463 3.80322180 30-B-1 0.00000000 1.07108100 992.67361451 0.99267361 1.07108100 30-B-2 0.00000000 1.07107967 992.67361427 0.99267361 1.07107967 30-B-3 0.00000000 1.07107973 992.67361573 0.99267362 1.07107973 30-B-4 0.00000000 1.07107973 992.67361573 0.99267362 1.07107973 30-B-5 0.00000000 1.07108300 992.67361265 0.99267361 1.07108300 30-B-6 0.00000000 1.07107095 992.67366020 0.99267366 1.07107095 30-B-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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-A-1 177,163,000.00 6.00000% 168,468,361.61 842,341.81 0.00 0.00 1-A-R 50.00 6.00000% 0.00 0.00 0.00 0.00 1-A-LR 50.00 6.00000% 0.00 0.00 0.00 0.00 2-A-1 95,263,000.00 6.00000% 91,236,585.49 456,182.93 0.00 0.00 CB-IO 0.00 0.26188% 8,513,946.10 1,858.02 0.00 0.00 3-A-1 45,775,000.00 5.75000% 42,260,228.97 202,496.93 0.00 0.00 3-A-2 7,225,833.00 6.00000% 7,225,833.00 36,129.17 0.00 0.00 3-A-3 314,167.00 0.00000% 314,167.00 0.00 0.00 0.00 3-IO 0.00 0.30520% 9,157,018.12 2,328.93 0.00 0.00 4-A-1 95,443,000.00 5.00000% 89,946,945.56 374,778.94 0.00 0.00 4-A-2 16,985,000.00 5.00000% 16,985,000.00 70,770.83 0.00 0.00 4-IO 0.00 0.24355% 59,603,306.93 12,097.18 0.00 0.00 PO 21,361,292.00 0.00000% 20,566,000.35 0.00 0.00 0.00 4-B-1 1,525,000.00 5.00000% 1,490,836.55 6,211.82 0.00 0.00 4-B-2 235,000.00 5.00000% 229,735.47 957.23 0.00 0.00 4-B-3 352,000.00 5.00000% 344,114.40 1,433.81 0.00 0.00 4-B-4 176,000.00 5.00000% 172,057.20 716.91 0.00 0.00 4-B-5 176,000.00 5.00000% 172,057.20 716.91 0.00 0.00 4-B-6 117,574.00 5.00000% 114,940.08 478.92 0.00 0.00 30-B-1 6,864,000.00 5.75000% 6,821,063.58 32,684.26 0.00 0.00 30-B-2 3,251,000.00 5.75000% 3,230,664.00 15,480.27 0.00 0.00 30-B-3 1,806,000.00 5.75000% 1,794,702.92 8,599.62 0.00 0.00 30-B-4 1,806,000.00 5.75000% 1,794,702.92 8,599.62 0.00 0.00 30-B-5 1,265,000.00 5.75000% 1,257,087.04 6,023.54 0.00 0.00 30-B-6 1,445,049.00 5.75000% 1,436,009.84 6,880.88 0.00 0.00 30-B-IO 0.00 0.25000% 13,747,006.14 2,863.96 0.00 0.00 SES 0.00 0.00000% 455,861,093.39 0.00 0.00 0.00 Totals 478,549,015.00 2,090,632.49 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-A-1 1,827.75 0.00 840,514.06 0.00 166,374,914.18 1-A-R 0.00 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.00 0.00 0.00 2-A-1 989.84 0.00 455,193.08 0.00 90,520,881.29 CB-IO 4.03 0.00 1,853.99 0.00 8,194,194.51 3-A-1 439.39 0.00 202,057.54 0.00 42,187,268.27 3-A-2 78.39 0.00 36,050.77 0.00 7,225,833.00 3-A-3 0.00 0.00 0.00 0.00 314,167.00 3-IO 5.05 0.00 2,323.88 0.00 9,145,317.06 4-A-1 0.00 0.00 374,778.94 0.00 88,743,519.84 4-A-2 0.00 0.00 70,770.83 0.00 16,985,000.00 4-IO 0.00 0.00 12,097.18 0.00 58,824,381.33 PO 0.00 0.00 0.00 0.00 20,391,504.60 4-B-1 0.00 0.00 6,211.82 0.00 1,485,036.65 4-B-2 0.00 0.00 957.23 0.00 228,841.71 4-B-3 0.00 0.00 1,433.81 0.00 342,775.67 4-B-4 0.00 0.00 716.91 0.00 171,387.84 4-B-5 0.00 0.00 716.91 0.00 171,387.84 4-B-6 0.00 0.00 478.92 0.00 114,492.93 30-B-1 70.92 0.00 32,613.34 0.00 6,813,711.69 30-B-2 33.59 0.00 15,446.68 0.00 3,227,181.92 30-B-3 18.66 0.00 8,580.96 0.00 1,792,768.55 30-B-4 18.66 0.00 8,580.96 0.00 1,792,768.55 30-B-5 13.07 0.00 6,010.47 0.00 1,255,732.12 30-B-6 14.93 0.00 6,865.95 0.00 1,434,462.08 30-B-IO 6.21 0.00 2,857.75 0.00 13,732,264.87 SES 0.00 0.00 78,351.46 0.00 451,573,635.93 Totals 3,520.49 0.00 2,165,463.44 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-A-1 177,163,000.00 6.00000% 950.92294446 4.75461473 0.00000000 0.00000000 1-A-R 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 95,263,000.00 6.00000% 957.73370028 4.78866853 0.00000000 0.00000000 CB-IO 0.00 0.26188% 867.43938916 0.18930349 0.00000000 0.00000000 3-A-1 45,775,000.00 5.75000% 923.21636199 4.42374506 0.00000000 0.00000000 3-A-2 7,225,833.00 6.00000% 1000.00000000 5.00000069 0.00000000 0.00000000 3-A-3 314,167.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00 0.30520% 846.90994277 0.21539697 0.00000000 0.00000000 4-A-1 95,443,000.00 5.00000% 942.41532182 3.92673051 0.00000000 0.00000000 4-A-2 16,985,000.00 5.00000% 1000.00000000 4.16666647 0.00000000 0.00000000 4-IO 0.00 0.24355% 951.88915926 0.19319691 0.00000000 0.00000000 PO 21,361,292.00 0.00000% 962.76949681 0.00000000 0.00000000 0.00000000 4-B-1 1,525,000.00 5.00000% 977.59773770 4.07332459 0.00000000 0.00000000 4-B-2 235,000.00 5.00000% 977.59774468 4.07331915 0.00000000 0.00000000 4-B-3 352,000.00 5.00000% 977.59772727 4.07332386 0.00000000 0.00000000 4-B-4 176,000.00 5.00000% 977.59772727 4.07335227 0.00000000 0.00000000 4-B-5 176,000.00 5.00000% 977.59772727 4.07335227 0.00000000 0.00000000 4-B-6 117,574.00 5.00000% 977.59776821 4.07334955 0.00000000 0.00000000 30-B-1 6,864,000.00 5.75000% 993.74469406 4.76169289 0.00000000 0.00000000 30-B-2 3,251,000.00 5.75000% 993.74469394 4.76169486 0.00000000 0.00000000 30-B-3 1,806,000.00 5.75000% 993.74469546 4.76169435 0.00000000 0.00000000 30-B-4 1,806,000.00 5.75000% 993.74469546 4.76169435 0.00000000 0.00000000 30-B-5 1,265,000.00 5.75000% 993.74469565 4.76169170 0.00000000 0.00000000 30-B-6 1,445,049.00 5.75000% 993.74473807 4.76169320 0.00000000 0.00000000 30-B-IO 0.00 0.25000% 993.75036479 0.20703135 0.00000000 0.00000000 SES 0.00 0.00000% 952.59018166 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-A-1 0.01031677 0.00000000 4.74429796 0.00000000 939.10643972 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.01039060 0.00000000 4.77827782 0.00000000 950.22077081 CB-IO 0.00041059 0.00000000 0.18889290 0.00000000 834.86164899 3-A-1 0.00959891 0.00000000 4.41414615 0.00000000 921.62246357 3-A-2 0.01084858 0.00000000 4.98915073 0.00000000 1000.00000000 3-A-3 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 3-IO 0.00046706 0.00000000 0.21492991 0.00000000 845.82774069 4-A-1 0.00000000 0.00000000 3.92673051 0.00000000 929.80647968 4-A-2 0.00000000 0.00000000 4.16666647 0.00000000 1000.00000000 4-IO 0.00000000 0.00000000 0.19319691 0.00000000 939.44939925 PO 0.00000000 0.00000000 0.00000000 0.00000000 954.60071423 4-B-1 0.00000000 0.00000000 4.07332459 0.00000000 973.79452459 4-B-2 0.00000000 0.00000000 4.07331915 0.00000000 973.79451064 4-B-3 0.00000000 0.00000000 4.07332386 0.00000000 973.79451705 4-B-4 0.00000000 0.00000000 4.07335227 0.00000000 973.79454545 4-B-5 0.00000000 0.00000000 4.07335227 0.00000000 973.79454545 4-B-6 0.00000000 0.00000000 4.07334955 0.00000000 973.79463147 30-B-1 0.01033217 0.00000000 4.75136072 0.00000000 992.67361451 30-B-2 0.01033221 0.00000000 4.75136266 0.00000000 992.67361427 30-B-3 0.01033223 0.00000000 4.75136213 0.00000000 992.67361573 30-B-4 0.01033223 0.00000000 4.75136213 0.00000000 992.67361573 30-B-5 0.01033202 0.00000000 4.75135968 0.00000000 992.67361265 30-B-6 0.01033183 0.00000000 4.75136137 0.00000000 992.67366020 30-B-IO 0.00044891 0.00000000 0.20658244 0.00000000 992.68474059 SES 0.00000000 0.00000000 0.16372714 0.00000000 943.63089573 (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 1-IO 0.29531% 4,486,646.34 4,362,366.01 0.00 0.00 83.90427518% 2-IO 0.22463% 4,027,299.76 3,831,828.50 0.00 0.00 83.01520877% 1-PO 0.00000% 0.00 0.00 11,652,345.92 11,526,948.32 95.24495523% 2-PO 0.00000% 0.00 0.00 5,476,563.62 5,448,101.37 96.28921167% 3-PO 0.00000% 0.00 0.00 1,232,189.58 1,229,253.99 95.01333235% 4-PO 0.00000% 0.00 0.00 2,204,901.23 2,187,200.93 94.80558751% 30-B-IO-1 0.25000% 8,965,491.23 8,955,835.16 0.00 0.00 99.26373362% 30-B-IO-2 0.25000% 4,781,514.91 4,776,429.71 0.00 0.00 99.27736364% 1-SES 0.00000% 189,086,198.76 186,857,697.66 0.00 0.00 94.23560595% 2-SES 0.00000% 101,494,664.02 100,745,412.37 0.00 0.00 95.28351618% 3-SES 0.00000% 53,619,642.79 53,540,882.38 0.00 0.00 93.58272125% 4-SES 0.00000% 111,660,587.82 110,429,643.52 0.00 0.00 94.12958789%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 6,474,004.46 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 6,474,004.46 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 21,083.56 Payment of Interest and Principal 6,452,920.90 Total Withdrawals (Pool Distribution Amount) 6,474,004.46 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 3,520.49

SERVICING FEES Gross Servicing Fee 18,994.21 Trustee Fee - Wells Fargo Bank, N.A. 2,089.35 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 21,083.56

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 1 0 0 1 253,903.41 0.00 0.00 253,903.41 30 Days 17 0 0 0 17 2,250,281.24 0.00 0.00 0.00 2,250,281.24 60 Days 4 0 0 0 4 811,911.61 0.00 0.00 0.00 811,911.61 90 Days 1 0 0 0 1 141,045.25 0.00 0.00 0.00 141,045.25 120 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 22 1 0 0 23 3,203,238.10 253,903.41 0.00 0.00 3,457,141.51 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 0.033113% 0.000000% 0.000000% 0.033113% 0.056144% 0.000000% 0.000000% 0.056144% 30 Days 0.562914% 0.000000% 0.000000% 0.000000% 0.562914% 0.497587% 0.000000% 0.000000% 0.000000% 0.497587% 60 Days 0.132450% 0.000000% 0.000000% 0.000000% 0.132450% 0.179531% 0.000000% 0.000000% 0.000000% 0.179531% 90 Days 0.033113% 0.000000% 0.000000% 0.000000% 0.033113% 0.031188% 0.000000% 0.000000% 0.000000% 0.031188% 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 0.728477% 0.033113% 0.000000% 0.000000% 0.761589% 0.708306% 0.056144% 0.000000% 0.000000% 0.764450%

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 11 0 0 0 11 1,350,982.93 0.00 0.00 0.00 1,350,982.93 60 Days 2 0 0 0 2 372,244.05 0.00 0.00 0.00 372,244.05 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 13 0 0 0 13 1,723,226.98 0.00 0.00 0.00 1,723,226.98 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.800582% 0.000000% 0.000000% 0.000000% 0.800582% 0.722342% 0.000000% 0.000000% 0.000000% 0.722342% 60 Days 0.145560% 0.000000% 0.000000% 0.000000% 0.145560% 0.199031% 0.000000% 0.000000% 0.000000% 0.199031% 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 0.946143% 0.000000% 0.000000% 0.000000% 0.946143% 0.921373% 0.000000% 0.000000% 0.000000% 0.921373% 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 1 0 0 1 253,903.41 0.00 0.00 253,903.41 30 Days 3 0 0 0 3 519,625.84 0.00 0.00 0.00 519,625.84 60 Days 1 0 0 0 1 164,246.02 0.00 0.00 0.00 164,246.02 90 Days 1 0 0 0 1 141,045.25 0.00 0.00 0.00 141,045.25 120 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 1 0 0 6 824,917.11 253,903.41 0.00 0.00 1,078,820.52 0-29 Days 0.153374% 0.000000% 0.000000% 0.153374% 0.251815% 0.000000% 0.000000% 0.251815% 30 Days 0.460123% 0.000000% 0.000000% 0.000000% 0.460123% 0.515352% 0.000000% 0.000000% 0.000000% 0.515352% 60 Days 0.153374% 0.000000% 0.000000% 0.000000% 0.153374% 0.162895% 0.000000% 0.000000% 0.000000% 0.162895% 90 Days 0.153374% 0.000000% 0.000000% 0.000000% 0.153374% 0.139885% 0.000000% 0.000000% 0.000000% 0.139885% 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 0.766871% 0.153374% 0.000000% 0.000000% 0.920245% 0.818132% 0.251815% 0.000000% 0.000000% 1.069948% 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 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 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 379,672.47 0.00 0.00 0.00 379,672.47 60 Days 1 0 0 0 1 275,421.54 0.00 0.00 0.00 275,421.54 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 4 0 0 0 4 655,094.01 0.00 0.00 0.00 655,094.01 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.338219% 0.000000% 0.000000% 0.000000% 0.338219% 0.342681% 0.000000% 0.000000% 0.000000% 0.342681% 60 Days 0.112740% 0.000000% 0.000000% 0.000000% 0.112740% 0.248587% 0.000000% 0.000000% 0.000000% 0.248587% 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 0.450958% 0.000000% 0.000000% 0.000000% 0.450958% 0.591268% 0.000000% 0.000000% 0.000000% 0.591268%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 20,231.08

COLLATERAL STATEMENT Collateral Description Fixed Weighted Average Gross Coupon 5.758841% Weighted Average Net Coupon 5.508841% Weighted Average Pass-Through Rate 5.503341% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 3,045 Number Of Loans Paid In Full 25 Ending Scheduled Collateral Loan Count 3,020 Beginning Scheduled Collateral Balance 455,861,093.39 Ending Scheduled Collateral Balance 451,573,635.93 Ending Actual Collateral Balance at 30-Nov-2004 452,239,195.17 Monthly P &I Constant 2,993,849.11 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 451,573,635.93 Scheduled Principal 806,156.17 Unscheduled Principal 3,481,301.29

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year Weighted Average Coupon Rate 5.892760 5.940659 5.925485 Weighted Average Net Rate 5.642760 5.690659 5.675485 Weighted Average Maturity 352 351 351 Beginning Loan Count 1,390 655 107 Loans Paid In Full 16 3 0 Ending Loan Count 1,374 652 107 Beginning Scheduled Balance 189,086,198.76 101,494,664.02 53,619,642.79 Ending scheduled Balance 186,857,697.66 100,745,412.37 53,540,882.38 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 1,132,503.59 610,472.62 324,149.98 Scheduled Principal 203,970.56 108,018.33 59,381.31 Unscheduled Principal 2,024,530.54 641,233.32 19,379.10 Scheduled Interest 928,533.03 502,454.29 264,768.67 Servicing Fees 39,392.95 21,144.72 11,170.76 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 866.63 465.18 245.77 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 888,273.45 480,844.39 253,352.14 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 5.637260 5.685159 5.669985

Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Fixed Weighted Average Coupon Rate 5.286774 5.758841 Weighted Average Net Rate 5.036775 5.508841 Weighted Average Maturity 351 351 Beginning Loan Count 893 3,045 Loans Paid In Full 6 25 Ending Loan Count 887 3,020 Beginning Scheduled Balance 111,660,587.82 455,861,093.39 Ending scheduled Balance 110,429,643.52 451,573,635.93 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 926,722.92 2,993,849.11 Scheduled Principal 434,785.97 806,156.17 Unscheduled Principal 796,158.33 3,481,301.29 Scheduled Interest 491,936.95 2,187,692.94 Servicing Fees 23,262.61 94,971.04 Master Servicing Fees 0.00 0.00 Trustee Fee 511.77 2,089.35 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 468,162.57 2,090,632.55 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 5.031274 5.503341

Miscellaneous Reporting Group 1 CPR 12.130379% Subordinate Percenatge 5.052864% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 94.947136% Group 2 CPR 7.331040% Subordinate Percenatge 4.979805% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 95.020195% Group 3 CPR 0.433319% Subordinate Percenatge 4.938632% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 95.061368%

Miscellaneous Reporting Group 4 CPR 8.259416% Subordinate Percenatge 2.305719% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 97.694281%

Filing Compare · Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-5