First Republic Bank’s services are classified under the following industries within the Financials sector: Commercial Banks, Consumer Finance, Mortgage Finance and Asset Management & Custody Activities.

SASB Code
Metric
Disclosure
FN-AC-000.A21
(1) Total registered assests under management (AUM)
(2) Total unregistered assests under management (AUM)
‐ $16.3 billion total registered AUM
‐ $178.2 billion total unregistered AUM
FN-AC-000.B
Total assets under custody and supervision
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Business Segments, Wealth Management (page 88)
FN-CF-000.A14
(1) Number of unique consumers with an active credit card account
(2) Number of unique consumers with an active pre-paid debit card account
- Investor Presentation Form 8-K, filed January 14, 2021 (page A7)
FN-CF-000.B
(1) Number of credit card accounts
(2) Number of pre-paid debit card accounts
- Investor Presentation Form 8-K, filed January 14, 2021 (page A7)
FN-CB-000.A
(1) Number of checking and savings accounts by segement (a) Personal (b) Small business
(2) Value of checking and savings account by segement (a) Personal (b) Small business
- 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Deposit Gathering (page 117)
- Investor Presentation Form 8-K, filed January 14, 2021 (page 24)
FN-CB-000.B 7
(1) Number of loans by segment (a) Personal (b) Small business (c) Corporate
(2) Value of loans by segment (a) Personal (b) Small business (c) Corporate
- 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio (page 92)
- Investor Presentation Form 8-K, filed January 14, 2021 (page 26).
FN-MF-000.A
(1) Number of mortgages originated by category (a) residential (b) commercial
(2) Value of mortgages originated by category (a) residential (b) commercial
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Loan Originations (page 105)
- Investor Presentation Form 8-K, filed January 14, 2021 (page A2).
FN-MF-000.B
(1) Number of mortgages purchased by category (a) residential (b) commercial
(2) Value of mortgages purchased by category (a) residential (b) commercial
‐ 2020 Form 10-K, Consolidated Statements of Cash Flows (page 131).
SASB Code
Metric
Disclosure
FN-CB-510a.15/
FN-AC-510a.120
Total amount of monetary losses as a result of legal proceedings associated with fraud, insider trading, anti-trust, anti-competitive behavior, market manipulation, malpractice, or other related financial industry laws or regulations
‐ 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16. Commitments and Contingencies (page 187)
FN-AC-510a.2/
FN-CB-510a.2
Decription of whistleblower policies and procedures
‐ Code of Ethics & Corporate Conduct, Take Responsibility (pages 1-3)
‐ 2020 Corporate Social Responsibility Report, Properly Addressing Ethical and Whistleblower Complaints (page 29).
SASB Code
Metric
Disclosure
FN-CF-220a.18
Number of account holders whose information is used for secondary purposes
- 2020 Corporate Social Responsibility Report, Protecting Our Clients Privacy and Information (page 28).
‐ First Republic’s Privacy Notice, provided to each consumer customer when the relationship is established.
FN-CF-220a.29
Total amount of monetary losses as a result of legal proceedings associated with customer privacy
‐ 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16 Commitments and Contingencies (page 187)
SASB Code
Metric
Disclosure
FN-CF-230a.110
(1) Number of data breaches involving personally identifiable information (PII)
(2) Percentage of data breaches involving personally identifiable information (PII)
(3) Number of account holders affected
Not disclosed1
FN-CF-230a.2
(1) Card-related fraud losses from card-not-present fraud
(2) Card-related fraud losses from card-present and other fraud
Not disclosed1
FN-CF-230a.2/
FN-CB-230a.3
Description of approach to identifying and addressing data security risks
‐ 2021 Proxy Statement, Committees of the Board, Directors’ Information Security and Technology Committee (page 31)
‐ 2020 Form 10-K, Business, Information Technology Systems (page 15)
‐ 2020 Corporate Responsibility Report, Protecting Client Privacy and
Information and A Client-Driven Approach to Cybersecurity (page 28 and 58)
FN-CB-230a.12
(1) Number of data breaches
(2) Percentage involving personally identifiable information (PII)
(3) Number of account holders affected
Not disclosed1
SASB Code
Metric
Disclosure
FN-MF-270b.1
(1) Number of mortgages issued to (a) minority borrowers (b) all other borrowers by FICO scores above and below 660
(2) Value of mortgages issued to (a) minority borrowers (b) all other borrowers by FICO scores above and below 660
(3) Weighted average Loan-to-Value (LTV) ratio of mortgages issued to (a) minority borrowers (b) all other borrowers by FICO scores above and below 660
- Investor Presentation Form 8-K, filed January 14, 2021 (pages B7-B9)
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Weighted Average Credit Scores (page 106)
FN-MF-270b.216
Total amount of monetary losses as a result of legal proceedings associated with discriminatory mortgage lending
‐ 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16. Commitments and Contingencies (page 187)
FN-MF-270b.3
Description of policies and procedures for ensuring nondiscriminatory mortgage origination
- 2020 Corporate Responsibility Report, Fully Complying with Bank Regulations (page 27)
SASB Code
Metric
Disclosure
FN-AC-330a.119
(1) Percentage of gender and racial/ethnic group representation for executive management
(2) Percentage of gender and racial/ethnic group representation for non-executive management
(3) Percentage of gender and racial/ethnic group representation for professionals
(4) Percentage of gender and racial/ethnic group representation for all other employees
‐ 2020 Corporate Responsibility Report, Empowering a Diverse Team and Inclusive Culture (page 12)
SASB Code
Metric
Disclosure
FN-MF-450a.1
(1) Number of mortgage loans in 100-year flood zones
(2) Value of mortgage loans in 100-year flood zones
Not disclosed1
FN-MF-450a.2
(1) Total expected loss attributable to mortgage loan default and delinquency due to weather-related natural catastrophes, by geographic region
(2) Loss given default (LGD) attributable to mortgage loan default and delinquency due to weather related natural catastrophes, by geographic region
Not disclosed1
FN-MF-450a.3
Description of how climate change and other environmental risks are incorporated into mortgage origination and underwriting
Not disclosed1. For more information, see the Managing Climate Change Related Risk section of our 2020 Corporate Responsibility Report (page 75)
SASB Code
Metric
Disclosure
FN-CB-240a.13
(1) Number of loans outstanding qualified to programs designed to promote small business and community development
(2) Amount of loans outstanding qualified to programs designed to promote small business and community development
‐ 2020 Corporate Responsibility Report, Fostering Equity Within Our Communities (pages 35-52)
‐ Call Report for 4Q20 (Schedule RC-C Part II, Items 3 and 4)
FN-CB-240a.2
(1) Number of past due and nonaccrual loans qualified to programs designed to promote small business and community development
(2) Amount of past due and nonaccrual loans qualified to programs designed to promote small business and community development
- For more information on how we serve our communities, see the 2020 Corporate Responsibility Report, Fostering Equity Within Our Communities (pages 33-52) and our Investor Presentation Form 8-K, filed January 14, 2021 (pages B7-B9)
FN-CB-240a.3
Number of no-cost retail checking accounts provided to previously unbanked or underbanked customers
- For more information on how we serve our communities, see the 2020 Corporate Responsibility Report, Fostering Equity Within Our Communities (pages 33-52) and our Investor Presentation Form 8-K, filed January 14, 2021 (pages B7-B9)
FN-CB-240a.4
Number of participants in financial literacy initiatives for unbanked, underbanked or underserved customers
- For more information on how we serve our communities, see the 2020 Corporate Responsibility Report, Volunteering and Giving (pages 44-49)
SASB Code
Metric
Disclosure
FN-CB-410a.1
Commercial and industrial credit exposure, by industry
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Business (pages 100-102)
FN-CB-410a.2
Description of approach to incorporation of environmental, social and governance (ESG) factors in credit analysis
- For more information, see the Managing Climate Change Related Risk section of our 2020 Corporate Responsibility Report (page 75)
FN-AC-410a.1
(1) Amount of assets under management by asset class that employ integration of environmental, social and governance (ESG) issues
(2) Amount of assets under management by asset class that employ sustainability-themed investing
(3) Amount of assets under management by asset class that employ screening
- For more information, see the First Republic Bank Private Wealth Management Website, Sustainable and Responsible Investing and the 2020 Corporate Responsibility Report, Managing Our Impact on the Environment (page 50)
FN-AC-410a.2
Description of approach to incorporation of environmental, social and governance (ESG) factors in investment and/or wealth management processes and strategies
‐ 2020 Corporate Responsibility Report, Managing Our Impact on the Environment (page 50)
‐ First Republic Bank Private Wealth Management Website, Sustainable and Responsible Investing
FN-AC-410a.3
Description of proxy voting and investee engagement policies and procedures
‐ First Republic Investment Management Form ADV Part 2A (Item 17)
SASB Code
Metric
Disclosure
FN-MF-270a.1
(1) Number of residential mortgages of the following types: (a) Hybrid, or option adjustable-rate mortgages (ARM) (b) Prepayment penalty (c) Higher rate (d) total by FICO scores above or below 660
(2) Value of residential mortgages of the following types: (a) Hybrid, or option adjustable-rate mortgages (ARM) (b) Prepayment penalty (c) Higher rate (d) total by FICO scores above or below 66
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio (page 95)
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Weighted Average Credit Scores (page 106)
FN-MF-270a.2
(1) Number of (a) Residential mortgage modifications (b) Foreclosures (c) Short sales or deeds in lieu of foreclosure by FICO scores above and below 660
(2) Value of (a) Residential mortgage modification
(b) Foreclosures (c) Short sales or deeds in lieu of foreclosure by FICO scores above and below 660
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Result of Operations, Balance Sheet Analysis, Asset Quality, COVID-19 Loan Modifications (page 109)
- 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 4. Loans and Allowance for Credit Losses, Other Real Estate Owned and Residential Mortgage Loans in the Process of Foreclosure (page 155)
- 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 4. Loans and Allowance for Credit Losses, Troubled Debt Restructurings (pages 166-167)
FN-MF-270a.315
Total amount of monetary losses as a result of legal proceedings associated with communications to customers or remuneration of loan originators
- 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16. Commitments and Contingencies (page 187)
FN-MF-270a.4
Description of remuneration structure of loan originators
- 2020 Corporate Responsibility Report, Employee Incentives and Accountability (page 26)
SASB Code
Metric
Disclosure
FN-CF-270a.111
Percentage of total remuneration for covered employees that is variable and linked to amount of products and services sold
- 2020 Corporate Responsibility Report, Employee Incentives and Accountability (page 26)
FN-CF-270a.212
(1) Approval rate for credit products for applicants with FICO scores above and below 660
(2) Approval rate for pre-paid products for applicants with FICO scores above and below 660
- 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Weighted Average Credit Scores (page 106)
FN-CF-270a.3
(1) Average fees from add-on products for customers with FICO scores above and below 660
(2) Average APR for customers with FICO scores above and below 660 (3) Average age of accounts for customers with FICO scores above and below 660
(4) Average number of trade lines for customers with FICO scores above and below 660
(5) Average annual fees for pre-paid products for customers with FICO scores above and below 660
‐ 2020 Form 10-K, Management’s Discussion and Analysis of Financial Condition and Results of Operations, Balance Sheet Analysis, Loan Portfolio, Weighted Average Credit Scores (page 106)
‐ 2020 Form 10-K, Consolidated Statements of Income and Comprehensive Income (page 129)
‐ For more information please see Investor Presentation Form 8-K, filed January 14, 2021, SFR Borrower Characteristics (page 20) and Attracting the Next Generation: Programs (page 28)
FN-CF-270a.4
(1) Number of complaints filed with the Consumer Financial Protection Bureau (CFPB)
(2) Percentage of complaints filed with monetary or non-monetary relief
(3) Percentage of complaints filed, that were disputed by consumer
(4) Percentage of complaints filed that resulted in investigation by the CFPB
‐ CFPB Consumer Complaint Database (www.consumerfinance.gov)
FN-CF-270a.513
Total amount of monetary losses as a result of legal proceedings associated with selling and servicing products
‐ 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16. Commitments and Contingencies (page 187)
SASB Code
Metric
Disclosure
FN-CB-550a.16
Global Systemically Important Bank (G-SIB) score, by category
- According to the Basel Committee on Banking Supervision assessment methodology, First Republic Bank is not considered to be a Global Systemically Important Bank (G-SIB) and, accordingly does not have a G-SIB score
FN-CB-550a.2
Description of approach to incorporation of results
of mandatory and voluntary stress tests into capital adequacy planning, long-term corporate strategy and other business activities
‐ 2020 Form 10-K, Business, Supervision and Regulation, Stress Testing (page 22)
‐ 4Q20 Basel III Regulatory Capital Disclosures Report, Section 3. Capital Adequacy (page 7)
FN-AC-550a.1
Percentage of open-ended fund assets under management by category of liquidity classification
- 52.9% Highly Liquid
- 42.1% Moderately Liquid
- 5.0% Less Liquid
- 0.0% Illiquid
FN-AC-550a.2
Description of approach to incorporation of liquidity risk management programs into portfolio strategy and redemption risk management
‐ First Republic Investment Management Form ADV Part 2A (Item 8)
FN-AC-550a.3
Total exposure to securities financing transactions
‐ First Republic Bank does not maintain material exposure to securities financing transactions
FN-AC-550a.4
Net exposure to written credit derivatives
- Investor Presentation Form 8-K, filed January 14, 2021 (page A7)
SASB Code
Metric
Disclosure
FN-AC-270a.117
(1) Number of employees with a record of investment-related investigations, consumer-initiated complaints, private civil litigations or other regulatory proceedings
(2) Percentage of employees with a record of investment-related investigations, consumer-initiated complaints, private civil litigations, or other regulatory proceedings
‐ First Republic Private Wealth Management Form CRS Client Relationship Summary (pages 1-4)
‐ FINRA Broker Database (https://brokercheck.finra.org)
FN-AC-270a.218
Total amount of monetary losses as a result of legal proceedings associated with marketing and communication of financial product-related information to new and returning customers
‐ 2020 Form 10-K, Notes to Consolidated Financial Statements, Note 16. Commitments and Contingencies (page 187)
FN-AC-270a.3
Description of approach to informing customers about products and services
- First Republic Private Wealth Management Form CRS Client Relationship Summary (pages 1-4)

1 Certain information is not disclosed herein because that information (i) is not considered material or is privileged or confidential; (ii) could cause a competitive disadvantage to our business if publicly disseminated; or (iii) is not currently collected in a manner wholly correlative with the related SASB metric.

Notes to SASB Standards

2 Note to FN-CB-230a.1– Disclosure shall include a description of corrective actions implemented in response to data breaches.
3 Note to FN-CB-240a.1– Disclosure shall include a description of how the entity’s results of the Community Reinvestment Act (CRA) Examinations are integrated into its financial inclusion and capacity building strategy.
4 Note to FN-CB-240a.4– Disclosure shall include a description of financial literacy initiatives.
5 Note to FN-CB-510a.1– The entity shall briefly describe the nature, context, and any corrective actions taken as a result of the monetary losses.
6 Note to FN-CB-550a.1– The entity shall describe whether the Global Systemically Important Bank (G-SIB) score is calculated by the entity or obtained from regulatory authorities and whether the entity is required to report the underlying data to the regulators.
7 Note to FN-CB-000.B – Mortgage loans as well as revolving credit loans shall be excluded from the scope of disclosure.
8 Note to FN-CF-220a.1 – The entity shall describe its policies and procedures regarding the manner in which it discloses the use of customer data for third-party use to customers, including the nature of its opt-in policy.
9 Note to FN-CF-220a.2 – The entity shall briefly describe the nature, context and any corrective actions taken as a result of the monetary losses.
10 Note to FN-CF-230a.1 – Disclosure shall include a description of corrective actions implemented in response to data breaches.
11 Note to FN-CF-270a.1 – The entity shall describe remuneration policies for covered employees, including the link to products sold, the process for setting sale targets, and benefits/penalties associated with meeting/missing the targets.
12 Note to FN-CF-270a.2 – The entity shall discuss its strategy for minimizing the number of past-due and nonaccrual loans in its portfolio.
13 Note to FN-CF-270a.5 – The entity shall briefly describe the nature, context and any corrective actions taken as a result of the monetary losses.
14 Note to FN-CF-000.A – For joint accounts, the entity shall include the number of customers whose personally identifiable information (PII) it collects.
15 Note to FN-MF-270a.3– The entity shall briefly describe the nature, context, and any corrective actions taken as a result of the monetary losses.
16 Note to FN-MF-270b.2– The entity shall briefly describe the nature, context, and any corrective actions taken as a result of the monetary losses.
17 Note to FN-AC-270a.1– The entity shall describe how it ensures that covered employees file and update FINRA and SEC forms in a timely manner.
18 Note to FN-AC-270a.2– The entity shall briefly describe the nature, context, and any corrective actions taken as a result of the monetary losses.
19 Note to FN-AC-330a.1– The entity shall describe its policies and programs for fostering equitable employee representation across its global operations.
20 Note to FN-AC-510a.1– The entity shall briefly describe the nature, context, and any corrective actions taken as a result of the monetary losses.
21 Note to FN-AC-000.A – Registered AUM include those subject to the regulations of the Investment Company Act of 1940 (1940 Act),such as mutual funds, managed under the Employee Retirement Income Security Act of 1974 (ERISA), subject to the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive, or managed under the Commodity Futures Trading Commission’s (CFTC’s) Commodity Pool Operator (CPO) regulations. Unregistered AUM are those that do not fall under the definition of the registered AUM.

First Republic Private Wealth Management encompasses First Republic Investment Management, Inc., an SEC-registered Investment Advisor, First Republic Securities Company, LLC, Member FINRA/SIPC, First Republic Trust Company, First Republic Trust Company of Delaware LLC and First Republic Trust Company of Wyoming LLC. Insurance services are provided through First Republic Securities Company, DBA Grand Eagle Insurance Services, LLC, CA Insurance License # 0I13184, and First Republic Investment Management, DBA Eagle Private Insurance Services, CA Insurance License # 0K93728.

Investment, Insurance and Advisory Products and Services are Not FDIC Insured or Insured by Any Federal Government Agency, Not a Deposit, Not Bank Guaranteed and May Lose Value.

Eagle Invest is an investment advisory service offered by First Republic Investment Management, Inc., and sub-advised by BlackRock FutureAdvisor, Inc. (FutureAdvisor). First Republic Investment Management, FutureAdvisor and Fidelity Investments, Member FINRA/SIPC, are unaffiliated SEC-registered investment advisors. FutureAdvisor is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. $5,000 minimum investment required.

Eagle Invest utilizes automated trading algorithms, historical data and established portfolio management theory to create and manage diversified portfolios customized to our clients. Eagle Invest’s portfolios are developed by First Republic’s in-house Research Team with a focus on balancing growth with market risk over time. Each portfolio is personalized to reflect our clients’ unique goals, investment timeline and tolerance for risk based on information provided by the client online through the Eagle Invest website or through conversations with our First Republic advisors.
All investments contain risk and may lose value.

Additional Information and Where to Find It

In accordance with the Securities Exchange Act of 1934 (the “Exchange Act”), First Republic files annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements for the annual meeting of shareholders and other information with the FDIC, copies of which are available on the FDIC website at https://efr.fdic.gov/fcxweb/efr/index.html, in the Investor Relations section of our website at firstrepublic.com, or upon written or telephone request to us at: First Republic Bank Investor Relations, 111 Pine Street, San Francisco, CA 94111, (415) 392-1400.

Information Regarding Forward-Looking Statements

This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this document that are not historical facts are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipates,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimates,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Accordingly, these statements are only predictions and involve estimates, known and unknown risks, assumptions and uncertainties. Our actual results could differ materially from those expressed or anticipated in such forward-looking statements as a result of risks and uncertainties more fully described in the risk factors in our Annual Report on Form 10-K for the year ended December 31, 2020 (our “2020 Form 10-K”) and any subsequent reports filed by First Republic under the Exchange Act.

Forward-looking statements involving such risks and uncertainties include, but are not limited to, statements regarding: projections of loans, assets, deposits, liabilities, revenues, expenses, tax liabilities, net income, capital expenditures, liquidity, dividends, capital structure, investments or other financial items; expectations regarding the banking and wealth management industries; descriptions of plans or objectives of management for future operations, products or services; forecasts of future economic conditions generally and in our market areas in particular, which may affect the ability of borrowers to repay their loans and the value of real property or other property held as collateral for such loans; our opportunities for growth and our plans for expansion (including opening new offices); expectations about the performance of any new offices; projections about the amount and the value of intangible assets, as well as amortization of recorded amounts; future provisions for credit losses on loans and debt securities, as well as for unfunded loan commitments; changes in nonperforming assets; expectations regarding the impact and duration of the COVID-19 pandemic (collectively referred to as “COVID-19” herein); projections about future levels of loan originations or loan repayments; projections regarding costs, including the impact on our efficiency ratio; and descriptions of assumptions underlying or relating to any of the foregoing.

Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to: significant competition to attract and retain banking and wealth management customers, from both traditional and non-traditional financial services and technology companies; our ability to recruit and retain key managers, employees and board members; natural or other disasters, including earthquakes, wildfires, pandemics or acts of terrorism affecting the markets in which we operate; the negative impacts and disruptions resulting from COVID-19 on our colleagues and clients, the communities we serve and the domestic and global economy, which may have an adverse effect on our business, financial position and results of operations; interest rate risk and credit risk; our ability to maintain and follow high underwriting standards; economic and market conditions, including those affecting the valuation of our investment securities portfolio and credit losses on our loans and debt securities; real estate prices generally and in our markets; our geographic and product concentrations; demand for our products and services; developments and uncertainty related to the future use and availability of some reference rates, such as the London Interbank Offered Rate and the 11th District Monthly Weighted Average Cost of Funds Index, as well as other alternative reference rates; the regulatory environment in which we operate, our regulatory compliance and future regulatory requirements; any future changes to regulatory capital requirements; legislative and regulatory actions affecting us and the financial services industry, such as the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), including increased compliance costs, limitations on activities and requirements to hold additional capital, as well as changes to the Dodd-Frank Act pursuant to the Economic Growth, Regulatory Relief, and Consumer Protection Act; our ability to avoid litigation and its associated costs and liabilities; future FDIC special assessments or changes to regular assessments; fraud, cybersecurity and privacy risks; and custom technology preferences of our customers and our ability to successfully execute on initiatives relating to enhancements of our technology infrastructure, including client-facing systems and applications.

For a discussion of these and other risks and uncertainties, see the risk factors in our 2020 Form 10-K and any subsequent reports filed by First Republic under the Exchange Act. These filings are available in the Investor Relations section of our website. All forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will not differ materially from expectations, and, therefore, you are cautioned not to place undue reliance on such statements. Any forward-looking statements are qualified in their entirety by reference to the factors discussed throughout this document and in our 2020 Form 10-K and our other public filings under the Exchange Act. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.