Howard Noble Joins First Republic Bank

First Republic Bank, January 31, 2012

Senior Banking Executive Strengthens Team Focused On Portfolio Growth, Credit Quality

First Republic Bank, a leading private bank and wealth management company, today announced that Howard Noble, a credit executive with more than 20 years of experience, has joined First Republic as Senior Vice President and Deputy Chief Credit Officer.

Noble will work with Executive Vice President and Chief Credit Officer David Lichtman.

“Howard Noble is a highly respected credit officer with significant experience in commercial real estate, business banking, private banking and risk management,” said Katherine August-deWilde, President and Chief Operating Officer at First Republic Bank. “Howard’s leadership and expertise will help First Republic continue to grow its loan portfolio, while maintaining the bank’s outstanding credit quality.”

As of December 31, 2011, the bank’s nonperforming assets were 11 basis points of total assets. The bank’s loans outstanding were $23.1 billion as of December 31, 2011.

Prior to joining First Republic, Noble worked for Wells Fargo, most recently as a Senior Director of Banking in the Family Wealth Group. He has held senior credit positions with Wells Fargo and CitiGroup. Noble received a Bachelor of Arts degree from University of California, Berkeley and a Master’s degree in Business Administration from University of California, Los Angeles.

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.