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  "documentTitle": "First Republic Bank | Results Presentation Deck | 53 slides",
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  "presentationDate": "2022-10-01 00:00:00",
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  "notes": "The slide emphasizes the correlation between long-tenured staff and low credit losses.",
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      "text": "Fully 90% of all loans, since founding in 1985, originated by bankers still with First Republic",
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      "text": "By loan originations: 75% (more than 10 years), 24% (2.5 to 10 years), 1% (less than 2.5 years)",
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      "text": "Stability of people is integral to high-touch, consistent relationship banking model\nCulture results in higher workforce retention rate, key to client service excellence\nCredit quality is a cultural cornerstone, reinforced with a credit clawback provision and weekly, all-company loan meetings since 1986\nDirectors Loan Committee chaired by the Bank's Founder and Executive Chairman",
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      "text": "Since 1985, $439 billion in loans originated, with only 8 bps cumulative total net losses",
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      "text": "(1) As of December 31, 2021. (2) Excluding PPP loans. (3) Includes loss experience on loans retained by Bank of America. See slide 9.",
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      "text": "Banker stability = client stability & strong credit",
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      "text": "Consistency – Low Banker Turnover",
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