About First Republic Bank
First Republic Bank was a San Francisco-based financial institution holding $232 Billion in assets prior to its resolution in 2023. Its deposit accounts and branch locations were acquired by JPMorgan Chase Bank, N.A.
Financial Scale and Asset Performance
According to recent FDIC call report data, First Republic Bank holds $232,944 Million in total consolidated assets, ranking it #14 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $232,944 Million represent domestic U.S. deposits and investments, representing approximately 100% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 72 retail banking centers across the United States. Under its SNM charter classification, First Republic Bank is subject to primary supervisory examination by the Federal Deposit Insurance Corporation (FDIC) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: First Republic
- Official Legal Name: FIRST REPUBLIC BK/
- National Asset Rank: #14
- Parent Holding Co:
- Primary Regulator: Federal Deposit Insurance Corporation (FDIC)
- Official Website: https://www.jpmorganchase.com