First Republic Bank 5.50% Non-Cumulative Series I Perpetual Preferred Stock

Ticker: FRC-I

Parent Ticker: FRC

OTC Grey Market Temporary Ticker: NA

Issuance Date: 06/05/2018

1st Call Date: 06/30/2023

Maturity Date: None

Shares Issued: 12,000,000

Overallotment Shares: 0

Coupon: 5.50%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.344

Ex-Dividend Months: MAR, JUN, SEP, DEC

Approx. Ex-Dividend Day: 13

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 30

S&P Rating: B

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: Baa3

Fitch Rating: NR

Egan-Jones Rating: NR