According to the CSBS National Survey, relative compliance costs actually decreased modestly in 2019, which may be a sign that some of the steps we are taking are helping.
This is consistent with what I heard from one Oklahoma banker, who said the biggest threat to his longterm survival was regulatory burden—but “not so much in the last few years.” We know examinations are top of mind for every community banker, and we are aware some bankers are also concerned with the length of time associated with the examination process.