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First Republic Bank, November 4, 2011

First Republic Preferred Capital Corporation Declares Dividend on 7.25% Series D Preferred Stock, November 2011
First Republic Bank

First Republic Preferred Capital Corporation has announced that it has declared a quarterly cash dividend of $0.453125 per share of Series D security.

The Series D Preferred Stock, which is traded on the NASDAQ under the symbol FRCCO, is payable on December 30, 2011 to shareholders of record as of December 20, 2011.

First Republic Preferred Capital Corporation is a subsidiary of First Republic Bank (NYSE: FRC).

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, 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 5000 Total Market IndexSM, the Russell 1000®, Russell 3000® and Russell Global indices and six Dow Jones indices.

Andrew Greenebaum / Lasse Glassen
Addo Communications
(310) 829-5400


Greg Berardi
Blue Marlin Partners
(415) 239-7826

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