First Republic Bank, San Francisco, has priced a $65 million offering of depositary shares representing interests in preferred stock.Each depositary share has a liquidation preference of $25 and represents 1/40th of a share of 6.70% noncumulative perpetual series A preferred stock. First Republic, which specializes in real estate lending and certain other financial services, can be found on the Web at http://www.firstrepublic.com.

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