Back بنك فيرست ريبابليك Arabic First Republic Bank Catalan First Republic Bank German First Republic Bank Spanish فرست ریپابلیک بنک Persian First Republic Bank French First Republic Bank Italian ファースト・リパブリック・バンク Japanese 퍼스트 리퍼블릭 은행 Korean First Republic Bank Dutch
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 The building housing the headquarters of First Republic Bank, in San Francisco's Financial District (2022) | |
| Company type | Public company |
|---|---|
| |
| ISIN | US33616C1009 |
| Industry | Financial services |
| Founded | February 5, 1985 |
| Defunct | May 1, 2023 |
| Successors | JPMorgan Chase (acquisition of most First Republic Bank assets)[1] |
| Headquarters | San Francisco, California, U.S. |
Areas served |
|
Key people |
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| Products | Consumer banking Commercial banking Wealth management Mortgages |
| Revenue |  US$6.75 billion (2022) |
| US$1.67 billion (2022) | |
| Total assets | US$212.6 billion (2022) |
| Total equity | US$17.45 billion (2022) |
Number of employees | 7,213 (2022) |
| Parent | JPMorgan Chase |
| Subsidiaries | Gradifi |
| Capital ratio | Tier 1 8.51% (Q4 2022) |
| Website | firstrepublic |
| Footnotes / references [2] | |
First Republic Bank was a commercial bank and provider of wealth management services headquartered in San Francisco, California. It catered to high-net-worth individuals and operated 93 offices in 11 states, primarily in New York, California, Massachusetts, and Florida.[2] On May 1, 2023, as part of the 2023 United States banking crisis, the FDIC announced that First Republic had been closed and sold to JPMorgan Chase.[3][4]
- ^ Isidore, Chris; Dmitracova, Olesya (May 1, 2023). "JPMorgan Chase to buy most First Republic assets after bank fails". CNN. Retrieved May 1, 2023.
- ^ a b "First Republic Bank 2022 Form 10-K Annual Report". First Republic.
- ^ Farrell, Maureen; Smialek, Jeanna; Hirsch, Lauren (May 1, 2023). "First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase". The New York Times. Retrieved May 1, 2023.
- ^ "JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All the Deposits of First Republic Bank, San Francisco, California". FDIC. May 1, 2023. Retrieved May 1, 2023.