Dale R. Smith Joins First Republic Bank

First Republic Bank, July 27, 2011

Bank Continues To Expand In San Diego

First Republic Bank, a leading private bank and wealth management company, today announced that Dale R. Smith has joined First Republic as Managing Director in San Diego.

Smith, who has 10 years of financial services experience, will serve individuals, families, businesses and foundations and provide banking, investment management, trust, brokerage and real estate lending services. He will work at First Republic’s office at 12626 High Bluff Drive in San Diego.

“Dale Smith is an accomplished banker with extensive experience helping clients finance real estate transactions,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Dale is part of our growing team of bankers and wealth management professionals in San Diego who are committed to providing exceptional service to every client.”

Prior to joining First Republic, Smith worked for Wells Fargo Private Mortgage Bank, most recently as Vice President and branch manager in San Diego. Smith earned a Bachelor’s degree from Texas State University. He is a volunteer for La Jolla Youth Soccer, the Mt. Soledad Memorial Association and was previously elected to District Director of the Clairemont Town Council.

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

About First Republic Private Wealth Management

First Republic Private Wealth Management is the investment management, trust and brokerage group of First Republic Bank. First Republic Private Wealth Management offers objective advice and fully customized solutions with the same level of exceptional client service that has been the hallmark of First Republic Bank for more than 25 years. First Republic has the flexibility to provide individuals, families, businesses, endowments, schools and non-profit organizations with appropriate choices that responsibly meet a client’s specific investment objectives. Securities Products and Services offered by First Republic Securities Company, Member FINRA/SIPC.