WASHINGTON — The Federal Deposit Insurance Corp. began using a streamlined exam report form Wednesday that, it said, will let well-managed, community banks review their results more quickly.

About 2,000 of the 5,700 banks and thrifts supervised by the agency qualify for the Abbreviated Small Bank Report of Examination. The FDIC said the simplified form also will benefit the agency by reducing paperwork and helping examiners spend more time probing higher-risk banks. Onsite exam procedures will not change, however.

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