First Republic Bank ( FRC) Q3 2011 Earnings Conference Call October 20, 2011 14:00 ET Executives Dianne Snedaker – Executive Vice President and Chief Marketing Officer Jim Herbert – Chairman and Chief Executive Officer Katherine August-deWilde – President and Chief Operating Officer Mike Roffler – Deputy Chief Financial Officer Analysts Steven Alexopoulos – JPMorgan Erika Penala – Bank of America-Merrill Lynch Joe Morford – RBC Capital Markets Aaron Deer – Sandler O’Neill & Partners Brian Zabora – Stifel Nicolaus Christopher McGratty – KBW Ken Zerbe – Morgan Stanley Christopher Nolan – CRT Casey Haire – Jefferies & Company PresentationOperator
Ladies and gentlemen, thank you for standing by. Welcome to the First Republic Bank Third Quarter 2011 Earnings Conference Call. During today’s presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions) Today’s conference is being recorded October 20, 2011. I would now like to turn the conference over to our host, Dianne Snedaker, Executive Vice President and Chief Marketing Officer. Please go ahead. Dianne Snedaker – Executive Vice President and Chief Marketing Officer Thank you and welcome to First Republic Bank’s third quarter 2011 conference call. Speaking today will be the Bank’s Chairman and Chief Executive Officer, Jim Herbert; President and Chief Operating Officer, Katherine August-deWilde; and stepping in for, Willis Newton today, our Deputy Chief Financial Officer, Mike Roffler. Before I hand the call over to Jim, please note that any forward-looking statements made during this call are made as of today are based on management’s current expectations and are subject to risks, uncertainties, and assumptions. Potential risks and uncertainties that could cause the Bank’s business and financial results to differ materially from these forward-looking statements are described in the Bank’s periodic reports filed with the FDIC including the Bank’s current report on Form 8-K filed today.