8-K 1 fh0305_8k0311.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): November 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 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX, , N/A 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-5 On November 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-5, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 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 2003-5 relating to the distribution date of November 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 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: November 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 November 25, 2003 Payment Date: 11/25/03 ------------------------------------------------------------ (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 7977,~~442~~138,~~597~~957.1229 5.250000% 21,~~303~~802,~~639~~653.8412 ~~347~~337,~~561~~482.3694 2,~~651~~140,~~201~~136.2006 0.00 0.00 1A2 20,~~352~~441,~~303~~344.5891 5.250000% 0.00 0.00 0.00 0.00 0.00 1A3 25,000,000.00 5.500000% 0.00 114,583.33 114,583.33 0.00 0.00 1A4 ~~887~~867,~~328~~637.6954 5.250000% 1915,~~691~~233.1516 3,~~882~~795.0691 2319,~~573~~029.2207 0.00 0.00 1A5 3,~~256~~270,~~368~~615.5719 5.250000% 0.00 0.00 0.00 0.00 0.00 1A6 ~~890~~871,~~902~~873.2733 4.500000% 1914,~~028~~692.9468 3,~~340~~269.8852 2217,~~369~~962.8221 0.00 0.00 1A7 8,~~946~~184,~~090~~933.6302 7.000000% ~~761~~587,~~157~~707.6235 5247,~~185~~745.5344 ~~813~~635,~~343~~452.1480 0.00 0.00 1A8 26,690,000.00 7.000000% 0.00 155,691.67 155,691.67 0.00 0.00 1A9 1,~~781~~743,~~804~~746.5365 5.500000% 3829,~~057~~385.8837 87,~~166~~992.6017 4637,~~224~~377.4854 0.00 0.00 A10 3130,~~273~~705,~~256~~559.9602 4.500000% ~~567~~438,~~697~~332.9467 ~~117~~115,~~274~~145.7185 ~~684~~553,~~972~~478.6552 0.00 0.00 A11 16,~~613~~576,~~842~~900.3691 5.700000% 3637,~~941~~116.4693 78,~~915~~740.7528 115,857.21 0.00 0.00 A12 7,~~777~~814,~~148~~090.6409 5.700000% 0.00 0.00 0.00 0.00 0.00 A13 734,329.00 5.250000% 0.00 3,212.69 3,212.69 0.00 0.00 A14 ~~150~~148,~~723~~293,~~947~~730.5706 5.500000% 21,~~430~~876,~~217~~427.5100 ~~690~~679,~~818~~679.0960 32,~~121~~556,~~035~~106.60 0.00 0.00 A15 1,000,000.00 5.500000% 0.00 4,583.33 4,583.33 0.00 0.00 A16 509,000.00 5.500000% 0.00 2,332.92 2,332.92 0.00 0.00 A17 1817,~~074~~738,~~007~~073.0839 8.000000% ~~335~~259,~~933~~382.6915 ~~120~~118,~~493~~253.3882 ~~456~~377,~~427~~635.0797 0.00 0.00 A18 4544,~~185~~345,~~017~~183.7048 4.500000% ~~839~~648,~~834~~455.2238 ~~169~~166,~~443~~294.8244 1814,~~009,278~~749.0482 0.00 0.00 A19 8,154,000.00 5.500000% 0.00 37,372.50 37,372.50 0.00 0.00 Residual AR 0.00 5.500000% 0.00 0.05 0.05 0.00 0.00 2A1 ~~109~~108,~~961~~430,~~738~~553.4658 5.000000% 1459,~~531,184~~400.8855 ~~458~~451,~~173~~793.9197 1911,~~989,358~~194.7952 0.00 0.00 2A2 22,~~672~~344,~~553~~619.8228 5.000000% ~~327~~98,~~934~~390.5402 9493,~~468~~102.9758 ~~422~~191,~~403~~492.5160 0.00 0.00 2A3 878,000.00 5.000000% 0.00 3,658.33 3,658.33 0.00 0.00 3A1 1412,~~787~~643,~~372~~637.6636 7.~~920333~~879928% 2,~~143~~312,~~735~~830.2901 9682,~~036~~850.6792 2,~~239~~395,~~771~~680.9693 0.00 ~~1,564~~174.1088 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 8,~~155~~142,~~378~~046.1808 5.~~510720~~509063% 13,~~332~~539.1037 37,~~409~~373.0663 50,~~741~~913.1601 0.00 425.6157 B2 2,~~718~~714,~~790~~346.6305 5.~~510720~~509063% 4,~~444~~513.5867 12,~~471~~459.2140 16,~~915~~973.7807 0.00 141.2186 B3 2,~~039~~035,~~092~~759.9754 5.~~510720~~509063% 3,~~333~~385.4326 9,~~353~~344.4055 12,~~686~~729.8480 0.00 101.6539 B4 1,~~019~~017,~~546~~879.4977 5.~~510720~~509063% 1,~~666~~692.7263 4,~~676~~672.7027 6,~~343~~364.4290 0.00 50.3370 B5 ~~679~~678,~~697~~586.6651 5.~~510720~~509063% 1,~~111~~128.1442 3,~~117~~114.8085 4,~~228~~243.9527 0.00 30.5546 B6 1,~~019~~018,~~848~~181.5635 5.~~510720~~509063% 1,~~667~~693.2113 4,~~678~~673.0966 6,~~345~~366.3079 0.00 50.3370 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~611~~599,~~223~~983,~~964~~583.1440 - 118,~~380~~605,~~610~~958.1487 2,~~633~~579,~~902~~220.8363 1411,~~014~~185,~~512~~179.9750 - ~~1,645~~185.7855 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 7775,~~138~~336,~~957~~304.2916 0.00 1A2 20,~~441~~530,~~344~~775.9179 0.00 1A3 25,000,000.00 0.00 1A4 ~~867~~852,~~637~~404.5438 0.00 1A5 3,~~270~~284,~~615~~924.1913 0.00 1A6 ~~871~~857,~~873~~180.3364 0.00 1A7 87,~~184~~597,~~933~~225.0266 0.00 1A8 26,690,000.00 0.00 1A9 1,~~743~~714,~~746~~361.6528 0.00 A10 30,~~705~~267,~~559~~226.0235 0.00 A11 16,~~576~~539,~~900~~783.9198 0.00 A12 7,~~814~~851,~~090~~207.0902 0.00 A13 734,329.00 0.00 A14 ~~148~~146,~~293~~417,~~730~~303.06 0.00 A15 1,000,000.00 0.00 A16 509,000.00 0.00 A17 17,~~738~~478,~~073~~691.3924 0.00 A18 4443,~~345~~696,~~183~~728.4810 0.00 A19 8,154,000.00 0.00 Residual AR 0.00 0.00 2A1 ~~108~~107,~~430~~971,~~553~~153.5803 0.00 2A2 22,~~344~~246,~~619~~229.2827 0.00 2A3 878,000.00 0.00 3A1 1210,~~643~~330,~~637~~807.36 ~~1,564~~174.1088 -------------------------------------------------------------------------------- Subordinate B1 8,~~142~~128,~~046~~506.0870 425.6157 B2 2,~~714~~709,~~346~~832.0538 141.2186 B3 2,~~035~~032,~~759~~374.5429 101.6539 B4 1,~~017~~016,~~879~~187.7714 50.3370 B5 ~~678~~677,~~586~~458.5110 30.5546 B6 1,~~018~~016,~~181~~488.3523 50.3370 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~599~~591,~~983~~518,~~583~~481.4028 ~~1,645~~185.7855 --------------------------------------------------------------------------------

Payment Date: 11/25/03 ------------------------------------------------------------ (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 7977,~~442~~138,~~597~~957.1229 5.250000% 32051DXU1 2419.~~913192~~495167 3.~~758775~~649779 ~~834~~814.~~235296~~740129 1A2 20,~~352~~441,~~303~~344.5891 5.250000% 32051DXV9 0.000000 0.000000 1,~~022~~026.~~067245~~538790 1A3 25,000,000.00 5.500000% 32051DXW7 0.000000 4.583333 1,000.000000 1A4 ~~887~~867,~~328~~637.6954 5.250000% 32051DXX5 1915.~~691154~~233156 3.~~882063~~795914 ~~867~~852.~~637539~~404384 1A5 3,~~256~~270,~~368~~615.5719 5.250000% 32051DXY3 0.000000 0.000000 1,~~022~~026.~~067245~~538790 1A6 ~~890~~871,~~902~~873.2733 4.500000% 32051DXZ0 1914.~~028940~~692684 3.~~340883~~269525 ~~871~~857.~~873325~~180642 1A7 8,~~946~~184,~~090~~933.6302 7.000000% 32051DYA4 5744.~~186898~~155323 3.~~920776~~587186 ~~614~~570.~~946132~~790809 1A8 26,690,000.00 7.000000% 32051DYB2 0.000000 5.833333 1,000.000000 1A9 1,~~781~~743,~~804~~746.5365 5.500000% 32051DYC0 1914.~~028940~~692684 43.~~083302~~996086 ~~871~~857.~~873325~~180642 A10 3130,~~273~~705,~~256~~559.9602 4.500000% 32051DYD8 1612.~~441663~~694987 3.~~396509~~334853 ~~889~~876.~~294122~~599136 A11 16,~~613~~576,~~842~~900.3691 5.700000% 32051DYE6 2.~~204161~~214631 4.~~708614~~698144 ~~989~~986.~~082905~~868274 A12 7,~~777~~814,~~148~~090.6409 5.700000% 32051DYF3 0.000000 0.000000 1,~~023~~028.~~976699~~840589 A13 734,329.00 5.250000% 32051DYG1 0.000000 4.375000 1,000.000000 A14 ~~150~~148,~~723~~293,~~947~~730.5706 5.500000% 32051DYH9 1411.~~759272~~395975 4.~~195498~~127851 ~~900~~889.~~622081~~226107 A15 1,000,000.00 5.500000% 32051DYJ5 0.000000 4.583333 1,000.000000 A16 509,000.00 5.500000% 32051DYK2 0.000000 4.583333 1,000.000000 A17 1817,~~074~~738,~~007~~073.0839 8.000000% 32051DYL0 1612.~~796684~~969108 65.~~024669~~912691 ~~886~~873.~~903670~~934562 A18 4544,~~185~~345,~~017~~183.7048 4.500000% 32051DYM8 1612.~~796684~~969108 3.~~388876~~325889 ~~886~~873.~~903670~~934562 A19 8,154,000.00 5.500000% 32051DYN6 0.000000 4.583333 1,000.000000 Residual AR 0.00 5.500000% 32051DYP1 0.000000 0.~~462000~~509058 0.000000 2A1 ~~109~~108,~~961~~430,~~738~~553.4658 5.000000% 32051DYQ9 123.~~672329~~802072 3.~~791920~~739119 ~~897~~893.~~388488~~586416 2A2 22,~~672~~344,~~553~~619.8228 5.000000% 32051DYR7 133.~~117382~~935601 3.~~778759~~724103 ~~893~~889.~~784771~~849171 2A3 878,000.00 5.000000% 32051DYZ9 0.000000 4.166667 1,000.000000 3A1 1412,~~787~~643,~~372~~637.6636 7.~~920333~~879928% 32051DYS5 6570.~~192814~~335128 2.~~920557~~519567 ~~384~~314.~~503767~~168639 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 8,~~155~~142,~~378~~046.1808 5.~~510720~~509063% 32051DYT3 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 B2 2,~~718~~714,~~790~~346.6305 5.~~510720~~509063% 32051DYU0 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 B3 2,~~039~~035,~~092~~759.9754 5.~~510720~~509063% 32051DYV8 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 B4 1,~~019~~017,~~546~~879.4977 5.~~510720~~509063% 32051DYW6 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 B5 ~~679~~678,~~697~~586.6651 5.~~510720~~509063% 32051DYX4 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 B6 1,~~019~~018,~~848~~181.5635 5.~~510720~~509063% 32051DYY2 1.~~624479~~649735 4.~~558189~~553873 ~~992~~990.~~085546~~435811 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~611~~599,~~223~~983,~~964~~583.1440 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 445,944,517.96 134,472,201.92 11,101,761.45 Loan count 935 277 26 Avg loan rate 5.908555% 5.354887% 8.129928% Prepay amount 5,106,074.21 43,946.21 2,301,457.73 Total ----- Prin balance 591,518,481.33 Loan count 1238 Avg loan rate 5.83 Prepay amount 7,451,478.14 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 86,376.85 26,362.36 1,636.66 Sub servicer fees 62,484.54 13,136.27 0.00 Trustee fees 1,482.52 438.93 44.72 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 114,375.87 Sub servicer fees 75,620.82 Trustee fees 1,966.16 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 10,002,865.76 3,003,212.12 673,150.20 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 13,679,228.08 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 97.403009% 100.000000% 584,376,784.09 ----------------------------------------------------------------------------- Junior 2.596991% 0.000000% 15,580,846.83 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 2,435,371.39 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 2,435,371.39 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 11,185,179.50 11,185,179.50 Principal remittance amount 8,605,958.87 8,605,958.87 Interest remittance amount 2,579,220.63 2,579,220.63

Filing Compare · FIRST HORIZON ASSET SEC INC MORT PAS THR CERTS SER 2003-5