First Republic Bank Declares Dividends on 6.70% Series A, 6.20% Series B, 5.625% Series C and 5.50% Series D Preferred Stock

  First Republic Bank Declares Dividends on 6.70% Series A, 6.20% Series B,
  5.625% Series C and 5.50% Series D Preferred Stock

Business Wire

SAN FRANCISCO -- June 5, 2013

First Republic Bank (NYSE:FRC) has announced that it has declared cash
dividends on all four outstanding series of its preferred stock.

A quarterly cash dividend of $16.75 per share was declared on its
Noncumulative Perpetual Series A Preferred Stock. This dividend equals
$0.418750 per depositary share, each representing 1/40^th interest in a share
of Series A Preferred Stock, which is traded on the NYSE under the symbol
“FRCPrA.” The Series A Preferred Stock dividend is payable on June 28, 2013,
to shareholders of record as of June 17, 2013.

A quarterly cash dividend of $15.50 per share was declared on its
Noncumulative Perpetual Series B Preferred Stock. This dividend equals
$0.38750 per depositary share, each representing 1/40^th interest in a share
of Series B Preferred Stock, which is traded on the NYSE under the symbol
“FRCPrB.” The Series B Preferred Stock dividend is payable on June 28, 2013,
to shareholders of record as of June 17, 2013.

A quarterly cash dividend of $14.0625 per share was declared on its
Noncumulative Perpetual Series C Preferred Stock. This dividend equals
$0.3515625 per depositary share, each representing 1/40^th interest in a share
of Series C Preferred Stock, which is traded on the NYSE under the symbol
“FRCPrC.” The Series C Preferred Stock dividend is payable on June 28, 2013,
to shareholders of record as June 17, 2013.

A quarterly cash dividend of $10.236111 per share was declared on its
Noncumulative Perpetual Series D Preferred Stock. This dividend equals
$0.25590278 per depositary share, each representing 1/40^th interest in a
share of Series D Preferred Stock, which is traded on the NYSE under the
symbol “FRCPrD.” The Series D Preferred Stock dividend is payable on June 28,
2013, to shareholders of record as June 17, 2013.

About First Republic Bank

First Republic Bank (NYSE:FRC) and its subsidiaries provide private banking,
private business banking and private wealth management. Founded in 1985, First
Republic specializes in exceptional, relationship-based service offered
through preferred banking or wealth management offices primarily in San
Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego,
Portland, Palm Beach, Boston, Greenwich and New York City. First Republic
offers a complete line of banking products for individuals and businesses,
including deposit services, as well as residential, commercial and personal
loans. First Republic is a component of the S&P Total Market Index, the
Wilshire 5000 Total Market Index^SM, the Russell 1000®, Russell 3000® and
Russell Global indices and six Dow Jones indices.

Contact:

Investors:
Addo Communications
Andrew Greenebaum, 310-829-5400
andrewg@addocommunications.com
Lasse Glassen
lasseg@addocommunications.com
or
Media:
Blue Marlin Partners
Greg Berardi, 415-239-7826
greg@bluemarlinpartners.com