Comprehensive Community Bank Burden Reduction Act of 1992

[AI summary unavailable — showing source text] Comprehensive Community Bank Burden Reduction Act of 1992 - Title I: Purposes - Sets forth the purposes of this Act. Title II: Supervisory Reforms - Amends the Federal Deposit Insurance Act to extend from 18 months to twenty-four months the annual on-site examination cycle for certain small-sized insured depository institutions. Authorizes the appropriate Federal banking agency to exempt small-sized institutions within a depository institution holding company from statutory examination requirements if the agency is satisfied that adequate internal controls and examination procedures exist within the holding company structure. Modifies statutory auditing and reporting requirements in order to reduce the regulatory costs incurred by insured depository institutions, including Federal Credit Unions. Repeals regulatory standards for safety and soundness. Exempts from bank branch closure notice requirements specified branches and automated teller machines. Directs the Federal Financial Institutions Examination Council to review risk-based capital rules and compliance requirements with respect to their cost burden upon community banks. Amends the Federal Reserve Act to modify the aggregat…