Is the Fed understaffed?

The Federal Reserve Board of Governors is supposed to have a roster of seven Governors. It currently has four, two of whom serve on the Fed's eight committees. Six of the eight committees have only two members. Yet, the Fed is charged with supervsing:

4,922 Bank Holding Companies

442 Domestic Financial Holding Companies

470 Savings and Loan Holding Companies

839 State Member Banks

154 Foreign Banks Operating in the U.S.