First RepublicBank Corp. posted a loss of...

First RepublicBank Corp. posted a loss of $1.5 billion for the first quarter primarily from a $1.4-billion loan loss provision largely attributable to the real estate loan portfolio and $126 million of losses and writedowns of assets. “The actions taken in the first quarter are consistent with our intention that the company move ahead with its plan to restructure and to recapitalize operations,” said Albert V. Casey, chairman and chief executive.