Susan K. Carlson Joins First Republic Bank

SAN FRANCISCO, June 18 /PRNewswire-FirstCall/ -- First Republic Bank , a leading provider of wealth management, private banking and private business banking services, today announced that Susan K. Carlson, a financial services professional with more than 25 years of experience, has been appointed Managing Director.

Carlson will work with high net worth individuals and families, providing private banking, private business banking, investment management and trust services, and real estate lending at the Bank's office at 1000 SW Broadway, Suite 1810 in Portland.

"Susan Carlson is an outstanding private banker and a terrific addition to our team in Portland," said Katherine August-deWilde, Executive Vice President and Chief Operating Officer of First Republic Bank. "Susan's understanding of the Portland market, her commitment to exceptional client service and her extensive banking experience will be tremendously valuable as we continue to expand in the Northwest."

Prior to joining First Republic, Carlson was Vice President and Manager of Homestreet Capital in Portland. Prior to that, she was Vice President and Commercial Real Estate Loan Officer at the Bank of Portland. Carlson earned a Bachelor of Science degree from Oregon Institute of Technology.

First Republic Bank has offices in the San Francisco Bay Area, throughout California, and in Portland, Seattle, Las Vegas, Boston and New York. First Republic's wealth management subsidiaries include investment advisors First Republic Investment Management and First Republic Wealth Advisors, First Republic Trust Company, and First Republic Securities Company LLC, member NASD/SIPC, a securities broker-dealer.

About First Republic Bank

First Republic Bank is a NYSE-traded, private bank and wealth management firm. The Bank and its subsidiaries specialize in providing personalized, relationship-based services, including private banking, private business banking, investment management, trust, brokerage and real estate lending. As of March 31, 2007, the Bank and its subsidiaries had total Bank assets and other managed assets of $34.1 billion. First Republic Bank provides access to its services online and through preferred banking or trust offices in ten major metropolitan areas: San Francisco, Los Angeles, Santa Barbara, Newport Beach, San Diego, Las Vegas, Portland, Seattle, Boston and New York City. More information is available on the Bank's website at http://www.firstrepublic.com/.