Three banking regulatory agencies require 36.7 million hours of paperwork annually, including some paperwork that cannot be completed electronically, according to a new report.

In a study released Wednesday morning, the right-of-center American Action Forum reported that 50 items that banks are required to send the Federal Reserve, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — the three main agencies overseeing U.S. banks — cannot be submitted electronically.