First Republic Bancorp, San Francisco, plans to buy a thrift and loan in Nevada this year to complement its expanding Las Vegas-based mortgage banking operation.

Willis H. Newton, chief financial officer of First Republic, d the company will use $8 million of the $15 million in subordinated debt it is currently issuing to finance the purchase and capitalization of a small Nevada thrift and loan. Mr. Newton said the company hasn't announced which institution it will buy.

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