UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended December 31, 2001
Commission file number 333-65298-01
Banc of America Commercial Mortgage Inc.
Commercial Mortgage Pass-Through Certificates, Series 2001-PB1
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
56-1950039
(I.R.S. Employer Identification No.)
100 North Tryon Street, Charlotte, NC
(Address of principal executive offices)
28255
(Zip Code)
Registrant's telephone number, including area code: (704) 386-2400
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes [X] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the best
of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.
Not Applicable
State the aggregate market value of the voting and non-voting common equity held
by non-affiliates of the registrant. The aggregate market value shall be
computed by reference to the price at which the common equity was sold, or the
average bid and asked prices of such common equity, as of a specified date
within 60 days prior to the date of filing.
Not Applicable
(APPLICABLE ONLY TO CORPORATE REGISTRANTS)
Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.
Not Applicable
PART I
Item 1. Business.
Not applicable
Item 2. Properties.
Not applicable
Item 3. Legal Proceedings.
The registrant knows of no material pending legal proceedings involving
the trust created under the Pooling and Servicing Agreement (the Trust),
the Trustee, the Servicer or the registrant with respect to the Trust
other than routine litigation incidental to the duties of the respective
parties.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder
Matters.
Not applicable.
Item 6. Selected Financial Data.
Not applicable.
Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operation.
Not applicable.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Not applicable.
Item 8. Financial Statements and Supplementary Data.
Not applicable.
Item 9. Changes in and Disagreements With Accountants on Accounting and
Financial Disclosure.
None.
PART III
Item 10. Directors and Executive Officers of the Registrant.
Not applicable.
Item 11. Executive Compensation.
Not applicable.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Not applicable.
Item 13. Certain Relationships and Related Transactions.
Not applicable.
PART IV
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
a Exhibits
99.1 Report of Independent Accountants for the year ended December 31, 2001.
99.2 Assertion of Management as to compliance with minimum servicing standards for the year ended December 31, 2001.
99.3 Annual Statement of Compliance
99.4 Aggregate Statement of Principal and Interest Distributions to Certificateholders as of December 31, 2001.
b Reports on Form 8-K were filed during the last quarter of 2001 to report distributions to investors on November 13, 2001 and December 20, 2001.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
LaSalle Bank National Association, in its
capacity as Trustee under the Pooling and
Servicing Agreement on behalf of
Banc of America Commercial Mortgage Inc.
Commercial Mortgage Pass-Through Certificates, Series 2001-PB1
By: /s/ Russell Goldenberg
-----------------------------------
Russell Goldenberg
Group Senior Vice President
Date: October 18, 2002
Form of Certification
I, Russell Goldenberg, certify that
I have reviewed this annual report on Form 10-K, and all reports on Form 8-K containing distribution or servicing reports filed in respect of periods included in the year covered by this annual report, of Banc of America Commercial Mortgage Inc.;
Based on my knowledge, the information in these reports, taken as a whole, does not contain any
untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this annual report;
Based on my knowledge, the servicing information required to be provided to the trustee by the
servicer under the pooling and servicing agreement is included in these reports;
By: /s/ Russell Goldenberg
-----------------------------------
Russell Goldenberg
Group Senior Vice President
Date: October 18, 2002
