Garrett Sokoloff Joins First Republic Bank

First Republic Bank, December 22, 2011

Banking Team Continues To Expand In New York

First Republic Bank, a leading private bank and wealth management company, today announced that Garrett Sokoloff has joined First Republic as Managing Director in New York.

Sokoloff, a commercial real estate lender with 13 years of financial services experience, works with individuals, families, and businesses to address both sides of a client’s balance sheet. Sokoloff serves as a single point of contact to a team of First Republic professionals who provide banking, investment management, trust, brokerage and real estate lending services. He works at First Republic’s Rockefeller Center office at 1230 Avenue of the Americas in New York.

“First Republic continues to expand in New York to meet growing demand for its unique brand of banking and wealth management services,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Garrett Sokoloff is a highly successful commercial real estate lender who expands our capabilities to finance significant projects and is committed to exceptional client service.”

Prior to joining First Republic, Sokoloff most recently worked for UBS in New York, where he was Managing Director and co-head of conduit origination in the real estate finance group. Sokoloff received a Bachelor of Science degree from Syracuse College with a double major in Marketing and Emerging Enterprises & Entrepreneurship.

In addition to its Rockefeller Center office, First Republic has New York offices at 80 Broad, 320 Park Avenue, the Time Warner Center, 148 East 79th Street and 2160 Broadway. First Republic has a Greenwich office at 56 Mason Street.

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 are offered by First Republic Securities Company, LLC - Member FINRA/SIPC. First Republic Securities Company and First Republic Investment Management are wholly owned subsidiaries of First Republic Bank. Unless otherwise disclosed, investments through First Republic Investment Management and First Republic Securities Company, LLC are not FDIC-insured, not bank guaranteed and may lose value.