I agree with Winston Churchhill above. Elders will produce the service records they think they need whether they are factual or fictional very often. Some won't do it, just letting the chips fall where they may, but that would be rare.
They do not really reveal their own shortcomings on shepherding or follow-ups on things discussed at the last C.O. visit.
I was in one congregation that was particularly bad. They would meet less than 2 months before the next c.o. visit and say what they thought were the problems in the congregation, assign someone to each problem, then expect each elder to address the problem. As long as that elder made some half-assed attempt to address that problem, when the C.O. would ask "Are there any problems?" the elders would say "No." If the C.O. were already aware of that problem (some damned snitch pioneer usually) then they would say "Yes, but Sister Snitch isn't aware that we have already taken action on that. Brother Lastminute has already spoken to those parties, haven't you?"
That would usually appease the C.O. enough to the point where he thinks the elders are doing a good job. There was virtually no further follow-up on those problems unless they were still a huge problem that couldn't be swept under some rug.
I don't know about elders' fear of being removed because I didn't have that fear and I didn't look for it in too many others. But as I look back, many elders had that concern. Some wouldn't move from their home because they knew it would be harder to be reappointed somewhere else than to be avoiding removal in their current congregation.