8-K 1 fh03ar1_8k0310.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Delaware 33-63714 56-2331643 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX, , N/A 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR1 On October 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2003, among FH as Depositor, , Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR1 relating to the distribution date of October 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of February 1, 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: October 25, 2003 FH By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated October 25, 2003 Payment Date: 10/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 1716,~~609~~913,~~625~~819.1044 4.~~879003~~881631% ~~695~~1,~~805~~763,646.6694 7167,~~597~~387.8500 ~~767~~1,~~403~~831,033.5095 0.00 01,418.0085 2A1 ~~111~~105,~~438~~277,~~246~~711.9599 5.~~111288~~113439% 67,~~160~~807,~~534~~793.9641 ~~474~~448,~~660~~609.7831 68,~~635~~256,~~195~~402.7472 0.00 0.00 Residual 2AR 0.00 5.~~111288~~113439% 0.00 0.00 0.00 0.00 0.00 3A1 2624,~~323~~458,~~444~~853.4351 5.~~392530~~394021% 1,~~864~~095,~~590~~624.9290 ~~118~~109,~~291~~942.6497 1,~~982~~205,~~882~~567.5687 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 3,~~898~~894,~~021~~560.4176 5.~~132361~~134456% 3,~~460~~412.6528 16,~~671~~627.7151 20,~~132~~039.3678 0.00 036.0020 B2 1,~~344~~342,~~111~~917.0171 5.~~132361~~134456% 1,~~193~~176.3062 5,~~748~~733.7248 6,~~942~~910.0209 0.00 012.0048 B3 1,~~075~~074,~~487~~532.7997 5.~~132361~~134456% ~~954~~941.8147 4,~~599~~587.8363 5,~~554~~529.6410 0.00 09.0099 B4 402,~~934~~577.8311 5.~~132361~~134456% ~~357~~352.72 1,~~723~~718.3477 2,~~081~~071.0649 0.00 03.0074 B5 ~~538~~537,~~241~~763.3449 5.~~132361~~134456% ~~477~~471.8517 2,~~302~~295.0494 2,~~779~~767.8911 0.00 05.00 B6 403,~~717~~358.2079 5.~~132361~~134456% ~~358~~353.4240 1,~~726~~722.6911 2,~~085~~075.1050 0.00 03.0075 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~163~~154,~~033~~306,~~830~~095.0678 - 810,~~727~~673,~~734~~772.2891 ~~697~~658,~~322~~624.5971 911,~~425~~332,~~056~~397.8762 - -1,490.01 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 1615,~~913~~150,~~819~~172.4450 01,418.0085 2A1 ~~105~~97,~~277~~469,~~711~~918.9958 0.00 Residual 2AR 0.00 0.00 3A1 2423,~~458~~363,~~853~~228.5161 0.00 -------------------------------------------------------------------------------- Subordinate B1 3,~~894~~891,~~560~~148.7649 036.0020 B2 1,~~342~~341,~~917~~741.7109 012.0048 B3 1,~~074~~073,~~532~~591.9750 09.0099 B4 402,~~577~~224.1138 03.0074 B5 537,~~763~~292.4933 05.00 B6 403,~~358~~005.7939 03.0075 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~154~~143,~~306~~632,~~095~~322.7887 -1,490.01 --------------------------------------------------------------------------------

Payment Date: 10/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 1716,~~609~~913,~~625~~819.1044 4.~~879003~~881631% 32051DTL6 2360.~~861648~~481720 2.~~455345~~310940 ~~580~~519.~~034960~~553241 2A1 ~~111~~105,~~438~~277,~~246~~711.9599 5.~~111288~~113439% 32051DTM4 3241.~~484906~~171008 2.~~502917~~365546 ~~555~~513.~~136293~~965285 Residual 2AR 0.00 5.~~111288~~113439% 32051DTN2 0.000000 0.000000 0.000000 3A1 2624,~~323~~458,~~444~~853.4351 5.~~392530~~394021% 32051DTP7 4225.~~635788~~052590 2.~~704860~~513959 ~~559~~534.~~276828~~224238 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 3,~~898~~894,~~021~~560.4176 5.~~132361~~134456% 32051DTQ5 0.~~883269~~870923 4.~~255158~~243876 ~~994~~993.~~017550~~146627 B2 1,~~344~~342,~~111~~917.0171 5.~~132361~~134456% 32051DTR3 0.~~883269~~870923 4.~~255158~~243876 ~~994~~993.~~017550~~146627 B3 1,~~075~~074,~~487~~532.7997 5.~~132361~~134456% 32051DTS1 0.~~883269~~870923 4.~~255158~~243876 ~~994~~993.~~017550~~146627 B4 402,~~934~~577.8311 5.~~132361~~134456% 32051DTT9 0.~~883269~~870923 4.~~255158~~243876 ~~994~~993.~~017550~~146627 B5 ~~538~~537,~~241~~763.3449 5.~~132361~~134456% 32051DTU6 0.~~883269~~870923 4.~~255158~~243876 ~~994~~993.~~017550~~146627 B6 403,~~717~~358.2079 5.~~132361~~134456% 32051DTV4 0.~~883264~~870893 4.~~255159~~243876 ~~994~~993.~~017585~~146693 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~163~~154,~~033~~306,~~830~~095.0678 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 15,997,591.00 102,998,538.19 24,636,193.66 Loan count 33 218 52 Avg loan rate 5.196631% 5.452439% 5.752021% Prepay amount 1,745,154.65 7,723,568.41 1,069,645.11 Total ----- Prin balance 143,632,322.84 Loan count 303 Avg loan rate 5.47 Prepay amount 10,538,368.17 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 3,099.50 27,060.58 6,527.98 Sub servicer fees 0.00 0.00 0.00 Trustee fees 88.81 554.05 128.67 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 36,688.06 Sub servicer fees 0.00 Trustee fees 771.53 Agg advances N/A Adv this period 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 0.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 95.042752% 100.000000% 146,650,384.95 ----------------------------------------------------------------------------- Junior 4.957248% 0.000000% 7,649,003.18 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,560,426.25 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 1,560,426.25 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 11,332,397.62 11,332,397.62 Principal remittance amount 10,673,772.91 10,673,772.91 Interest remittance amount 658,624.71 658,624.71

Filing Compare · FIRST HORIZON MORTGAGE PASS THRU TRUST 2003-AR1