A bank that undergoes a financial statement audit and submits a copy of the report of such audit to the Department may do so in lieu of undergoing a directors' examination and submitting the report as required by 3:7-3.3 to 3.9.
N.J. Admin. Code § 3:7-3.10
See: 40 N.J.R. 3775(a), 40 N.J.R. 6437(a).