No, you are not crazy. It's no longer in the reg.
Effective July 2, 2007, the FRB adopted amendments to Regulation O which eliminated the requirement that executive officers report loans from other banks to their board of directors, either upon obtaining the loan or on a annual basis. See Federal Register Volume 72, No. 105, Friday, June 1, 2007, Page 30471.
The final regulation does note that, "In light of the elimination of the statutory and regulatory reporting requirements associated with 12 U.S.C. 1972(2), a bank may select any reasonably prudent method to ensure compliance with the restrictions."
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Management is doing things right; leadership is doing the right things. Peter Drucker