8-K 1 baa05001_10507.txt 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 (Date of earliest event reported): July 25, 2005 BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-118843-11 Pooling and Servicing Agreement) (Commission 54-2165628 (State or other File Number) 54-2165629 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 (see General Instruction A.2. below): [ ] 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 July 25, 2005 a distribution was made to holders of BANC OF AMERICA ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the July 25, 2005 distribution. 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 ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 7/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the July 25, 2005 distribution. EX-99.1

Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 56/3130/2005 Distribution Date: 67/2725/2005 Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1-CB-1 05949AK66 SEN 5.25000% ~~175~~173,~~922~~761,~~904~~004.3426 ~~769~~760,~~662~~204.7139 1-CB-R 05949AL32 SEN 5.50000% 0.00 0.00 1-CB-LR 05949AL40 SEN 5.50000% 0.00 0.00 1-CB-2 05949AK74 SEN 5.50000% 23,189,000.00 106,282.92 1-CB-3 05949AK82 SEN 5.50000% 0.00 36,~~650~~200.6121 1-CB-4 05949AK90 SEN 5.50000% 10,000,000.00 45,833.33 1-CB-5 05949AL24 SEN 5.50000% 4,639,000.00 21,262.08 CB-IO 05949AL57 SEN 5.50000% 0.00 6867,~~223~~246.7009 2-A-1 05949AL99 SEN 5.50000% 41,~~447~~024,~~742~~641.6261 ~~189~~188,~~968~~029.8261 30-PO 05949AL65 PO 0.00000% 270,~~572~~200.2796 0.00 15-IO 05949AL81 SEN 5.50000% 0.00 1,~~607~~409.1214 15-PO 05949AL73 PO 0.00000% 1,~~673~~664,~~780~~094.2905 0.00 B-1 05949AM23 SUB 5.50000% 5,~~816~~807,~~459~~951.3860 26,~~658~~619.7778 B-2 05949AM31 SUB 5.50000% 2,~~077~~073,~~022~~984.8577 9,~~519~~505.6976 B-3 05949AM49 SUB 5.50000% 1,~~384~~381,~~019~~994.0564 6,~~343~~334.4214 B-4 05949AM56 SUB 5.50000% 1,~~108~~106,~~607~~985.2265 5,~~081~~073.1268 B-5 05949AM64 SUB 5.50000% ~~830~~828,~~212~~998.5822 3,~~805~~799.1458 B-6 05949AM72 SUB 5.50000% 1,~~108~~106,~~533~~912.6743 5,~~080~~073.7835 Totals ~~269~~266,~~467,~~854,768.2719 1,~~295~~282,~~980~~874.2106

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-CB-1 23,~~161~~934,~~900~~737.0842 0.00 ~~173~~169,~~761~~826,~~004~~266.2684 24,~~931~~694,~~562~~941.7981 0.00 1-CB-R 0.00 0.00 0.00 0.00 0.00 1-CB-LR 0.00 0.00 0.00 0.00 0.00 1-CB-2 0.00 0.00 23,189,000.00 106,282.92 0.00 1-CB-3 0.00 0.00 0.00 36,~~650~~200.6121 0.00 1-CB-4 0.00 0.00 10,000,000.00 45,833.33 0.00 1-CB-5 0.00 0.00 4,639,000.00 21,262.08 0.00 CB-IO 0.00 0.00 0.00 6867,~~223~~246.7009 0.00 2-A-1 ~~423~~375,~~101~~694.0205 0.00 4140,~~024~~648,~~641~~947.6156 ~~613~~563,~~069~~723.8466 0.00 30-PO ~~371~~732.3186 0.00 ~~270~~269,~~200~~468.9610 ~~371~~732.3186 0.00 15-IO 0.00 0.00 0.00 1,~~607~~409.1214 0.00 15-PO 96,~~686~~948.2472 0.00 1,~~664~~657,~~094~~145.0533 96,~~686~~948.2472 0.00 B-1 8,~~507~~557.7822 0.00 5,~~807~~799,~~951~~394.6038 35,~~166~~177.5500 0.00 B-2 3,~~038~~055.0873 0.00 2,~~073~~070,~~984~~929.7704 12,~~557~~561.7749 0.00 B-3 2,~~024~~036.4218 0.00 1,~~381~~379,~~994~~958.6446 8,~~367~~370.8432 0.00 B-4 1,~~621~~630.5799 0.00 1,~~106~~105,~~985~~354.6566 6,~~702~~704.6967 0.00 B-5 1,~~214~~221.3642 0.00 ~~828~~827,~~998~~776.2280 5,~~019~~021.5000 0.00 B-6 1,~~621~~630.2454 0.00 1,~~106~~105,~~912~~281.4370 6,~~702~~703.0289 0.00 Totals 24,~~613~~336,~~086~~245.1013 0.00 ~~266~~262,~~854~~518,~~768~~522.1987 35,~~909~~619,~~066~~119.3119 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-CB-1 183,469,000.00 ~~175~~173,~~922~~761,~~904~~004.3426 ~~216~~215,~~547~~932.7679 13,~~945~~718,~~352~~804.3262 0.00 0.00 1-CB-R 50.00 0.00 0.00 0.00 0.00 0.00 1-CB-LR 50.00 0.00 0.00 0.00 0.00 0.00 1-CB-2 23,189,000.00 23,189,000.00 0.00 0.00 0.00 0.00 1-CB-3 0.00 0.00 0.00 0.00 0.00 0.00 1-CB-4 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 1-CB-5 4,639,000.00 4,639,000.00 0.00 0.00 0.00 0.00 CB-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-A-1 42,857,000.00 41,~~447~~024,~~742~~641.6261 154,~~243~~021.3428 ~~268~~221,~~857~~672.6877 0.00 0.00 30-PO 272,074.89 270,~~572~~200.2796 ~~306~~308.5021 64424.8165 0.00 0.00 15-IO 0.00 0.00 0.00 0.00 0.00 0.00 15-PO 1,719,983.14 1,~~673~~664,~~780~~094.2905 6,~~418~~419.1636 ~~3,268~~529.0836 0.00 0.00 B-1 5,850,000.00 5,~~816~~807,~~459~~951.3860 8,~~507~~557.7822 0.00 0.00 0.00 B-2 2,089,000.00 2,~~077~~073,~~022~~984.8577 3,~~038~~055.0873 0.00 0.00 0.00 B-3 1,392,000.00 1,~~384~~381,~~019~~994.0564 2,~~024~~036.4218 0.00 0.00 0.00 B-4 1,115,000.00 1,~~108~~106,~~607~~985.2265 1,~~621~~630.5799 0.00 0.00 0.00 B-5 835,000.00 ~~830~~828,~~212~~998.5822 1,~~214~~221.3642 0.00 0.00 0.00 B-6 1,114,926.00 1,~~108~~106,~~533~~912.6743 1,~~621~~630.2454 0.00 0.00 0.00 Totals 278,542,084.03 ~~269~~266,~~467,~~854,768.2719 ~~395~~394,~~543~~813.2172 23,~~217~~941,~~542~~431.8940 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 23,~~161~~934,~~900~~737.0842 ~~173~~169,~~761~~826,~~004~~266.2684 0.~~94708645~~92564012 23,~~161~~934,~~900~~737.0842 1-CB-R 0.00 0.00 0.00000000 0.00 1-CB-LR 0.00 0.00 0.00000000 0.00 1-CB-2 0.00 23,189,000.00 1.00000000 0.00 1-CB-3 0.00 0.00 0.00000000 0.00 1-CB-4 0.00 10,000,000.00 1.00000000 0.00 1-CB-5 0.00 4,639,000.00 1.00000000 0.00 CB-IO 0.00 0.00 0.00000000 0.00 2-A-1 ~~423~~375,~~101~~694.0205 4140,~~024~~648,~~641~~947.6156 0.~~95724483~~94847860 ~~423~~375,~~101~~694.0205 30-PO ~~371~~732.3186 ~~270~~269,~~200~~468.9610 0.~~99311245~~99041885 ~~371~~732.3186 15-IO 0.00 0.00 0.00000000 0.00 15-PO 96,~~686~~948.2472 1,~~664~~657,~~094~~145.0533 0.~~96750602~~96346603 96,~~686~~948.2472 B-1 8,~~507~~557.7822 5,~~807~~799,~~951~~394.6038 0.~~99281224~~99134947 8,~~507~~557.7822 B-2 3,~~038~~055.0873 2,~~073~~070,~~984~~929.7704 0.~~99281224~~99134947 3,~~038~~055.0873 B-3 2,~~024~~036.4218 1,~~381~~379,~~994~~958.6446 0.~~99281224~~99134947 2,~~024~~036.4218 B-4 1,~~621~~630.5799 1,~~106~~105,~~985~~354.6566 0.~~99281224~~99134947 1,~~621~~630.5799 B-5 1,~~214~~221.3642 ~~828~~827,~~998~~776.2280 0.~~99281224~~99134946 1,~~214~~221.3642 B-6 1,~~621~~630.2454 1,~~106~~105,~~912~~281.4370 0.~~99281246~~99134983 1,~~621~~630.2454 Totals 24,~~613~~336,~~086~~245.1013 ~~266~~262,~~854~~518,~~768~~522.1987 0.~~95804111~~94247346 24,~~613~~336,~~086~~245.1013

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-CB-1 183,469,000.00 ~~958~~947.~~86991448~~08645199 1.~~18029618~~17694428 1020.~~60316631~~26938949 0.00000000 1-CB-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-2 23,189,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-CB-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-4 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-CB-5 4,639,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 42,857,000.00 ~~967~~957.~~11721819~~24482838 3.~~59902326~~59384185 65.~~27336678~~17238187 0.00000000 30-PO 272,074.89 ~~994~~993.~~47718237~~11244783 1.~~12652807~~13281310 01.~~23820647~~56078350 0.00000000 15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 15-PO 1,719,983.14 ~~973~~967.~~13761459~~50602451 3.~~73152495~~73222263 10.~~90006514~~30777046 0.00000000 B-1 5,850,000.00 ~~994~~992.~~26656068~~81223932 1.~~45432137~~46277265 0.00000000 0.00000000 B-2 2,089,000.00 ~~994~~992.~~26656295~~81224031 1.~~45432264~~46277166 0.00000000 0.00000000 B-3 1,392,000.00 ~~994~~992.~~26655891~~81224138 1.~~45432471~~46277299 0.00000000 0.00000000 B-4 1,115,000.00 ~~994~~992.~~26656502~~81224215 1.~~45432287~~46277130 0.00000000 0.00000000 B-5 835,000.00 ~~994~~992.~~26656287~~81223952 1.~~45432335~~46277844 0.00000000 0.00000000 B-6 1,114,926.00 ~~994~~992.~~26658810~~81246468 1.~~45412341~~46246477 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 1121.~~78346249~~44633382 ~~947~~925.~~08645199~~64011817 0.~~94708645~~92564012 1121.~~78346249~~44633382 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-CB-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-CB-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 98.~~87239004~~76622372 ~~957~~948.~~24482838~~47860466 0.~~95724483~~94847860 98.~~87239004~~76622372 30-PO 0.00000000 12.~~36473454~~69359660 ~~993~~990.~~11244783~~41885122 0.~~99311245~~99041885 12.~~36473454~~69359660 15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 15-PO 0.00000000 54.~~63159009~~03999309 ~~967~~963.~~50602451~~46603142 0.~~96750602~~96346603 54.~~63159009~~03999309 B-1 0.00000000 1.~~45432137~~46277265 ~~992~~991.~~81223932~~34946667 0.~~99281224~~99134947 1.~~45432137~~46277265 B-2 0.00000000 1.~~45432264~~46277166 ~~992~~991.~~81224031~~34946865 0.~~99281224~~99134947 1.~~45432264~~46277166 B-3 0.00000000 1.~~45432471~~46277299 ~~992~~991.~~81224138~~34946839 0.~~99281224~~99134947 1.~~45432471~~46277299 B-4 0.00000000 1.~~45432287~~46277130 ~~992~~991.~~81224215~~34947085 0.~~99281224~~99134947 1.~~45432287~~46277130 B-5 0.00000000 1.~~45432335~~46277844 ~~992~~991.~~81223952~~34946108 0.~~99281224~~99134946 1.~~45432335~~46277844 B-6 0.00000000 1.~~45412341~~46246477 ~~992~~991.~~81246468~~34982950 0.~~99281246~~99134983 1.~~45412341~~46246477 (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-1 183,469,000.00 5.25000% ~~175~~173,~~922~~761,~~904~~004.3426 ~~769~~760,~~662~~204.7139 0.00 0.00 1-CB-R 50.00 5.50000% 0.00 0.00 0.00 0.00 1-CB-LR 50.00 5.50000% 0.00 0.00 0.00 0.00 1-CB-2 23,189,000.00 5.50000% 23,189,000.00 106,282.92 0.00 0.00 1-CB-3 0.00 5.50000% 7,~~996~~898,~~495~~227.6547 36,~~650~~200.6121 0.00 0.00 1-CB-4 10,000,000.00 5.50000% 10,000,000.00 45,833.33 0.00 0.00 1-CB-5 4,639,000.00 5.50000% 4,639,000.00 21,262.08 0.00 0.00 CB-IO 0.00 5.50000% 14,~~885~~671,~~171~~873.1553 6867,~~223~~246.7009 0.00 0.00 2-A-1 42,857,000.00 5.50000% 41,~~447~~024,~~742~~641.6261 ~~189~~188,~~968~~029.8261 0.00 0.00 30-PO 272,074.89 0.00000% 270,~~572~~200.2796 0.00 0.00 0.00 15-IO 0.00 5.50000% ~~350~~307,~~644~~449.3761 1,~~607~~409.1214 0.00 0.00 15-PO 1,719,983.14 0.00000% 1,~~673~~664,~~780~~094.2905 0.00 0.00 0.00 B-1 5,850,000.00 5.50000% 5,~~816~~807,~~459~~951.3860 26,~~658~~619.7778 0.00 0.00 B-2 2,089,000.00 5.50000% 2,~~077~~073,~~022~~984.8577 9,~~519~~505.6976 0.00 0.00 B-3 1,392,000.00 5.50000% 1,~~384~~381,~~019~~994.0564 6,~~343~~334.4214 0.00 0.00 B-4 1,115,000.00 5.50000% 1,~~108~~106,~~607~~985.2265 5,~~081~~073.1268 0.00 0.00 B-5 835,000.00 5.50000% ~~830~~828,~~212~~998.5822 3,~~805~~799.1458 0.00 0.00 B-6 1,114,926.00 5.50000% 1,~~108~~106,~~533~~912.6743 5,~~080~~073.7835 0.00 0.00 Totals 278,542,084.03 1,~~295~~282,~~980~~874.2106 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 0.00 0.00 ~~769~~760,~~662~~204.7139 0.00 ~~173~~169,~~761~~826,~~004~~266.2684 1-CB-R 0.00 0.00 0.00 0.00 0.00 1-CB-LR 0.00 0.00 0.00 0.00 0.00 1-CB-2 0.00 0.00 106,282.92 0.00 23,189,000.00 1-CB-3 0.00 0.00 36,~~650~~200.6121 0.00 7,~~898~~719,~~227~~375.4777 1-CB-4 0.00 0.00 45,833.33 0.00 10,000,000.00 1-CB-5 0.00 0.00 21,262.08 0.00 4,639,000.00 CB-IO 0.00 0.00 6867,~~223~~246.7009 0.00 14,~~671~~301,~~873~~348.5329 2-A-1 0.00 0.00 ~~189~~188,~~968~~029.8261 0.00 4140,~~024~~648,~~641~~947.6156 30-PO 0.00 0.00 0.00 0.00 ~~270~~269,~~200~~468.9610 15-IO 0.00 0.00 1,~~607~~409.1214 0.00 ~~307~~301,~~449~~880.6166 15-PO 0.00 0.00 0.00 0.00 1,~~664~~657,~~094~~145.0533 B-1 0.00 0.00 26,~~658~~619.7778 0.00 5,~~807~~799,~~951~~394.6038 B-2 0.00 0.00 9,~~519~~505.6976 0.00 2,~~073~~070,~~984~~929.7704 B-3 0.00 0.00 6,~~343~~334.4214 0.00 1,~~381~~379,~~994~~958.6446 B-4 0.00 0.00 5,~~081~~073.1268 0.00 1,~~106~~105,~~985~~354.6566 B-5 0.00 0.00 3,~~805~~799.1458 0.00 ~~828~~827,~~998~~776.2280 B-6 0.00 0.00 5,~~080~~073.7835 0.00 1,~~106~~105,~~912~~281.4370 Totals 0.00 0.00 1,~~295~~282,~~980~~874.2106 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-1 183,469,000.00 5.25000% ~~958~~947.~~86991448~~08645199 4.~~19505590~~14350321 0.00000000 0.00000000 1-CB-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-2 23,189,000.00 5.50000% 1000.00000000 4.58333348 0.00000000 0.00000000 1-CB-3 0.00 5.50000% ~~958~~947.~~86991426~~08645243 4.~~39482103~~34081300 0.00000000 0.00000000 1-CB-4 10,000,000.00 5.50000% 1000.00000000 4.58333300 0.00000000 0.00000000 1-CB-5 4,639,000.00 5.50000% 1000.00000000 4.58333261 0.00000000 0.00000000 CB-IO 0.00 5.50000% ~~954~~940.~~05012168~~37902457 4.~~37272965~~31007072 0.00000000 0.00000000 2-A-1 42,857,000.00 5.50000% ~~967~~957.~~11721819~~24482838 4.~~43262058~~38737219 0.00000000 0.00000000 30-PO 272,074.89 0.00000% ~~994~~993.~~47718237~~11244783 0.00000000 0.00000000 0.00000000 15-IO 0.00 5.50000% ~~960~~841.~~09192607~~82126818 43.~~40042125~~85833640 0.00000000 0.00000000 15-PO 1,719,983.14 0.00000% ~~973~~967.~~13761459~~50602451 0.00000000 0.00000000 0.00000000 B-1 5,850,000.00 5.50000% ~~994~~992.~~26656068~~81223932 4.~~55705470~~55038974 0.00000000 0.00000000 B-2 2,089,000.00 5.50000% ~~994~~992.~~26656295~~81224031 4.~~55705601~~55038775 0.00000000 0.00000000 B-3 1,392,000.00 5.50000% ~~994~~992.~~26655891~~81224138 4.~~55705460~~55038793 0.00000000 0.00000000 B-4 1,115,000.00 5.50000% ~~994~~992.~~26656502~~81224215 4.~~55705830~~55038565 0.00000000 0.00000000 B-5 835,000.00 5.50000% ~~994~~992.~~26656287~~81223952 4.~~55705389~~55039521 0.00000000 0.00000000 B-6 1,114,926.00 5.50000% ~~994~~992.~~26658810~~81246468 4.~~55705580~~55039169 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 0.00000000 0.00000000 4.~~19505590~~14350321 0.00000000 ~~947~~925.~~08645199~~64011817 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-2 0.00000000 0.00000000 4.58333348 0.00000000 1000.00000000 1-CB-3 0.00000000 0.00000000 4.~~39482103~~34081300 0.00000000 ~~947~~925.~~08645243~~64011871 1-CB-4 0.00000000 0.00000000 4.58333300 0.00000000 1000.00000000 1-CB-5 0.00000000 0.00000000 4.58333261 0.00000000 1000.00000000 CB-IO 0.00000000 0.00000000 4.~~37272965~~31007072 0.00000000 ~~940~~916.~~37902457~~63058078 2-A-1 0.00000000 0.00000000 4.~~43262058~~38737219 0.00000000 ~~957~~948.~~24482838~~47860466 30-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~993~~990.~~11244783~~41885122 15-IO 0.00000000 0.00000000 43.~~40042125~~85833640 0.00000000 ~~841~~826.~~82126818~~57304408 15-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~967~~963.~~50602451~~46603142 B-1 0.00000000 0.00000000 4.~~55705470~~55038974 0.00000000 ~~992~~991.~~81223932~~34946667 B-2 0.00000000 0.00000000 4.~~55705601~~55038775 0.00000000 ~~992~~991.~~81224031~~34946865 B-3 0.00000000 0.00000000 4.~~55705460~~55038793 0.00000000 ~~992~~991.~~81224138~~34946839 B-4 0.00000000 0.00000000 4.~~55705830~~55038565 0.00000000 ~~992~~991.~~81224215~~34947085 B-5 0.00000000 0.00000000 4.~~55705389~~55039521 0.00000000 ~~992~~991.~~81223952~~34946108 B-6 0.00000000 0.00000000 4.~~55705580~~55039169 0.00000000 ~~992~~991.~~81246468~~34982950 (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 35,~~967~~677,~~563~~048.3092 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 35,~~967~~677,~~563~~048.3092 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 5857,~~496~~929.9973 Payment of Interest and Principal 35,~~909~~619,~~066~~119.3119 Total Withdrawals (Pool Distribution Amount) 35,~~967~~677,~~563~~048.3092 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 5655,~~139~~594.1475 Trustee Fee: Wells Fargo Bank, N.A. 2,~~357~~334.8598 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 5857,~~496~~929.9973

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 12 0 0 12 ~~332~~439,~~247~~135.4116 0.00 0.00 ~~332~~439,~~247~~135.4116 30 Days 1410 0 0 0 1410 21,~~223~~475,~~773~~632.7209 0.00 0.00 0.00 21,~~223~~475,~~773~~632.7209 60 Days 1 0 0 0 1 ~~241~~92,~~706~~969.4029 0.00 0.00 0.00 ~~241~~92,~~706~~969.4029 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 1511 12 0 0 1613 21,~~465~~568,~~480~~601.1238 ~~332~~439,~~247~~135.4116 0.00 0.00 2,~~797~~007,~~727~~736.5354 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.~~051125~~103413% 0.000000% 0.000000% 0.~~051125~~103413% 0.~~124355~~167070% 0.000000% 0.000000% 0.~~124355~~167070% 30 Days 0.~~715746~~517063% 0.000000% 0.000000% 0.000000% 0.~~715746~~517063% 0.~~832324~~561409% 0.000000% 0.000000% 0.000000% 0.~~832324~~561409% 60 Days 0.~~051125~~051706% 0.000000% 0.000000% 0.000000% 0.~~051125~~051706% 0.~~090467~~035370% 0.000000% 0.000000% 0.000000% 0.~~090467~~035370% 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.~~766871~~568769% 0.~~051125~~103413% 0.000000% 0.000000% 0.~~817996~~672182% 0.~~922791~~596779% 0.~~124355~~167070% 0.000000% 0.000000% 10.~~047146~~763850%

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 12 0 0 12 ~~332~~439,~~247~~135.4116 0.00 0.00 ~~332~~439,~~247~~135.4116 30 Days 138 0 0 0 138 21,~~130~~220,~~383~~653.7764 0.00 0.00 0.00 21,~~130~~220,~~383~~653.7764 60 Days 10 0 0 0 10 ~~241,706~~0.4000 0.00 0.00 0.00 ~~241,706~~0.4000 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 148 12 0 0 1510 21,~~372~~220,~~090~~653.1764 ~~332~~439,~~247~~135.4116 0.00 0.00 21,~~704~~659,~~337~~788.5880 0-29 Days 0.~~064144~~129955% 0.000000% 0.000000% 0.~~064144~~129955% 0.~~149451~~201101% 0.000000% 0.000000% 0.~~149451~~201101% 30 Days 0.~~833868~~519818% 0.000000% 0.000000% 0.000000% 0.~~833868~~519818% 0.~~958286~~558995% 0.000000% 0.000000% 0.000000% 0.~~958286~~558995% 60 Days 0.~~064144~~000000% 0.000000% 0.000000% 0.000000% 0.~~064144~~000000% 0.~~108724~~000000% 0.000000% 0.000000% 0.000000% 0.~~108724~~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.~~898012~~519818% 0.~~064144~~129955% 0.000000% 0.000000% 0.~~962155~~649773% 10.~~067010~~558995% 0.~~149451~~201101% 0.000000% 0.000000% 10.~~216461~~760096% 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 12 0 0 0 12 93254,~~389~~978.9545 0.00 0.00 0.00 93254,~~389~~978.9545 60 Days 01 0 0 0 01 092,969.0029 0.00 0.00 0.00 092,969.0029 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 93347,~~389~~947.9574 0.00 0.00 0.00 93347,~~389~~947.9574 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~251889~~506329% 0.000000% 0.000000% 0.000000% 0.~~251889~~506329% 0.~~208160~~573260% 0.000000% 0.000000% 0.000000% 0.~~208160~~573260% 60 Days 0.~~000000~~253165% 0.000000% 0.000000% 0.000000% 0.~~000000~~253165% 0.~~000000~~209020% 0.000000% 0.000000% 0.000000% 0.~~000000~~209020% 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.~~251889~~759494% 0.000000% 0.000000% 0.000000% 0.~~251889~~759494% 0.~~208160~~782280% 0.000000% 0.000000% 0.000000% 0.~~208160~~782280%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 09,958.0052

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Mixed~~History* ~~Fixed~~New ~~Weighted~~REO ~~Average~~Loans ~~Gross~~Month ~~Coupon~~REO 6Percentage Loans in REO 0 Aug-04 0.~~031786~~000% ~~Weighted~~Original ~~Average~~Principal ~~Pass~~Balance 0.00 Sep-~~Through~~04 ~~Rate~~0.000% 5Current Principal Balance 0.~~771286~~00 Oct-04 0.000% ~~Weighted~~Nov-04 ~~Average~~0.000% ~~Maturity(Stepdown~~Current ~~Calculation)~~REO ~~324~~Total ~~Beginning~~Dec-04 ~~Scheduled~~0.000% ~~Collateral~~Loans ~~Loan~~in ~~Count~~REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1~~,972~~ ~~Number~~12 OfMonth REO History* New REO Loans ~~Paid~~Month InREO ~~Full~~Percentage 16Loans ~~Ending~~in ~~Scheduled~~REO ~~Collateral~~0 ~~Loan~~Aug-04 ~~Count~~0.000% ~~1,956~~Original ~~Beginning~~Principal ~~Scheduled~~Balance ~~Collateral~~0.00 Sep-04 0.000% Current Principal Balance ~~269,467,854~~0.6500 ~~Ending~~Oct-04 ~~Scheduled~~0.000% ~~Collateral~~Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance ~~266,854,768~~0.3400 ~~Ending~~Feb-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at0.00 31Mar-05 0.000% Apr-05 0.000% May-~~2005~~05 ~~267,176,462~~0.72000% ~~Monthly~~Jun-05 ~~P&I~~0.000% ~~Constant~~Jul-05 ~~1,750,020~~0.38000% ~~Special~~*The ~~Servicing~~text ~~Fee~~reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.00000% ~~Prepayment~~Original ~~Penalties~~Principal Balance 0.00 ~~Realized~~Sep-04 ~~Loss~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Cumulative~~Oct-04 ~~Realized~~0.000% ~~Loss~~Nov-04 0.00000% ~~Class~~Current AREO ~~Optimal~~Total ~~Amount~~Dec-04 ~~3,824,492~~0.39000% ~~Class~~Loans APin ~~Deferred~~REO ~~Amount~~0 Jan-05 0.00000% ~~Scheduled~~Original Principal ~~395,543~~Balance 0.4200 ~~Unscheduled~~Feb-05 0.000% Current Principal ~~2,217,542~~Balance 0.8900 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Group~~REO Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Mixed Fixed Weighted Average Coupon Rate 6.118859 5.599383 6.031786 Weighted Average Net Rate 5.868859 5.349387 5.781786 Weighted Average Maturity 354 175 324 Beginning Loan ~~Count~~Detail ~~1,573~~- ~~399~~All ~~1,972~~Mortgage Loans ~~Paid~~in InREO ~~Full~~during 14Current 2Period 16Month ~~Ending~~ Loan ~~Count~~First ~~1,559~~Original ~~397~~Loan ~~1,956~~Entered ~~Beginning~~Payment ~~Scheduled~~LTV ~~Balance~~at ~~224,300,204.53~~Principal ~~45,167,650.12~~Group ~~269,467,854.65~~Number ~~Ending~~REO ~~Scheduled Balance 222,127,519.92 44,727,248.42 266,854,768.34 Record~~ Date ~~05/31/2005~~State ~~05/31/2005~~Origination ~~05/31/2005~~Balance ~~Principal~~No ~~And~~REO ~~Interest~~loans ~~Constant~~this ~~1,370,985~~period.30 379,035.08 1,750,020.38 Scheduled Principal 227,267.48 168,275.94 395,543.42 Unscheduled Principal 1,945,417.13 272,125.76 2,217,542.89 Scheduled Interest 1,143,717.82 210,759.14 1,354,476.96 Servicing Fees 46,729.21 9,409.93 56,139.14 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,962.63 395.22 2,357.85 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 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,095,025.98 200,953.99 1,295,979.97 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 5.858358 5.338889 5.771286

~~Miscellaneous~~REO ~~Reporting~~Loan ~~Group~~Detail 1- ~~CPR~~All ~~9.935108%~~Mortgage ~~Subordinate~~Loans %in ~~4.588111%~~REO ~~Subordinate~~during ~~Prepayment~~Current %Period ~~0.000000%~~(continued) ~~Senior~~Current ~~Prepayment~~Paid %Current ~~100.000000%~~Approximate ~~Senior~~Loan %Principal ~~95.411889%~~To ~~Group~~Months 2Loan ~~CPR~~Delinquent ~~7.020225%~~Group ~~Subordinate~~Number %Balance ~~4.704404%~~Date ~~Subordinate~~Delinquent ~~Prepayment~~Rate %Interest ~~0.000000%~~No ~~Senior~~REO ~~Prepayment~~loans %this ~~100~~period.~~000000% Senior % 95.295596%~~

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-1