SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
AMENDED
CLIENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF THE REPORT (Date of Earliest Event Reported): April 14, 1997
FIRST REPUBLIC BANCORP, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER.)
PENNSYLVANIA 0-17007 23,2486815
(STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
1608 WALNUT STREET, PHILADELPHIA PA 19103
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (215) 735-4422
N/A
(FORMER NAME OR FORMER ADDRESS, IF CHANGED FROM LAST REPORT)
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THIS IS AN AMENDED FORM 8-K CURRENT REPORT, AMENDING THE FORM 8-K FILED WITH
THE SECURITIES AND EXCHANGE COMMISSION ON APRIL 21, 1997.
Item 4. Changes in Registrant's Certifying Accountant.
On April 14, 1997, Registrant's principal accountant, Coopers & Lybrand,
L.L.P. notified Registrant that it was resigning as the accountant for
Registrant because of Registrant's decision to issue requests for proposals for
its auditing work in 1997. Coopers & Lybrand's report on the financial
statements for the last two years and the subsequent interim period through
April 14, 1997, the date of resignation, did not contain any adverse opinion or
disclaimer of opinion nor was it modified as to uncertainty, scope or accounting
principles. There were no disagreements with Coopers & Lybrand on any matter of
accounting, principles or practices, financial statement disclosure, or auditing
scope or procedures which would have caused Coopers & Lybrand to make reference
to the subject matter of such disagreement in connection with its reports.
On April 29, 1997, Registrant provided a copy of this document to
Coopers & Lybrand and requested that it furnish a letter stating whether it
agreed or disagreed with the statements herein. A copy of the letter to Coopers
& Lybrand is attached hereto as Exhibit "A".
Registrant has not made a decision as to replacing Coopers & Lybrand. A
new independent accountant has not as yet been engaged.
SIGNATURE
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 thereunto duly authorized.
FIRST REPUBLIC BANCORP, INC.
(Registrant)
Dated: April 29, 1997 By: /s/ ROLF A. STENSRUD
--------------------------------
Rolf A. Stensrud,
President and
Chief Executive Officer
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