FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report
February 18, 1997
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FIRST REPUBLIC BANCORP INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-15882 94-2964497
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
388 Market Street
San Francisco, CA 94111
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(Address of principal executive office) (Zip Code)
(415) 392-1400
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(Registrant's telephone number, including area code)
Not applicable
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(Former name, former address, if changed since last report)
<PAGE>
Item 5. Other Events
First Republic Bancorp Inc. hereby files with the Securities and Exchange
Commission (the "Commission") its press release, dated February 18, 1997,
concerning its engagement of an investment banking firm to consider strategic
alternatives, as distributed on February 18, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
First Republic Bancorp Inc.
(Registrant)
Date: February 18, 1997
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Willis H. Newton, Jr.
Senior Vice President and
Chief Financial Officer
<PAGE>
FOR IMMEDIATE RELEASE
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FIRST REPUBLIC BANCORP RETAINS INVESTMENT BANKER
Common Stock Symbol - FRC
New York/Pacific Exchanges
San Francisco, California, February 18, 1997 - First Republic Bancorp Inc.
(NYSE: FRC) announced that it has retained Montgomery Securities to assist in
identifying, reviewing and assessing various strategic alternatives.
James H. Herbert, II, the President and Chief Executive Officer of First
Republic, said "The assignment we have given to Montgomery Securities covers a
diverse range of strategic alternatives. It includes the possibility of First
Republic's being acquired or merging with a strategic partner. There will also
be active consideration of other alternatives which would enhance shareholder
value."
First Republic Bancorp has total assets of $2.2 billion and functions as
a direct lender as well as a mortgage banker through its FDIC-insured, Nevada
chartered thrift company subsidiary. First Republic Savings Bank provides both
loan and deposit services from thirteen locations in San Francisco, Los Angeles,
Beverly Hills and San Diego, California and in Las Vegas, Nevada.
For further information call:
Willis H. Newton, Jr.
Senior Vice President and
Chief Financial Officer
388 Market Street
San Francisco, CA 94111
(415) 392-1400
