Moody's Investors Service Upgrades Credit Ratings on California Republic Bancorp Prime Auto Loan Backed Securities

IRVINE, Calif.--()--California Republic Bancorp (“CRB” or “Company”) (OTCBB: CRPB), a bank holding company for California Republic Bank (“Bank”), announced that Moody's Investors Service has upgraded or affirmed nine prime auto loan backed securities, or approximately $267 million, issued by California Republic Auto Receivables Trusts from 2012 and 2013.

For more information please see the full press release from Moody’s Investor Service at:

https://www.moodys.com/research/Moodys-upgrades-California-Republic-prime-auto-loan-ABS-from-2012--PR_329953

About California Republic Bancorp:

California Republic Bancorp is the holding company for California Republic Bank and CRB Auto, Inc. California Republic Bank is a full-service commercial bank providing loans, deposit and cash management services to individuals, businesses, investors, and family offices. The Bank offers its clients direct access to decision makers, unparalleled responsiveness, seasoned Relationship Managers and state-of-the-art technology. The Bank has five branch offices serving Southern California, located in Newport Beach, Beverly Hills, Irvine, Westlake Village and San Diego. The Bank also operates CRB Auto, a division of the bank, which is a relationship based, indirect auto lender, which purchases auto contracts from both franchised and select independent automobile dealerships throughout 10 States—Arizona, California, Illinois, Iowa, Kansas, Missouri, Nevada, Oklahoma, Texas, and Washington.

For more information, contact Jon Wilcox, CEO, or John DeCero, President at 949-270-9719. You can also visit the Company’s website at www.crbnk.com.

California Republic Bancorp’s Board of Directors includes:

Inside Directors: Jon Wilcox, CEO and John DeCero, President.

Outside Directors: Robert Barth, Chairman of the Board of California Republic Bank and CEO of Black Equities Group Ltd.; John Bendheim, President of Bendheim Enterprises, Inc.; Marc Brutten, Entrepreneur and CEO of Westcore Holdings; Bob Din, CEO of Din Cloud; John Hagestad, Managing Partner of SARES-REGIS Group; Warren S. Orlando, First Senior Vice President Valley National Bank; and J. Scott Watt, President and CEO of the Watt Group of Companies.

For information regarding the purchase or sale of California Republic Bancorp’s stock, contact Douglas Deubel, Raymond James at 1-888-734-0540.

Contacts

California Republic Bancorp
John DeCero
President
949-270-9797

Contacts

California Republic Bancorp
John DeCero
President
949-270-9797