Payments for Lawsuits at Banks. In 2015, U.S. Bank National Association paid $18 million to customers of Peregrine Financial Group to settle a lawsuit. If the reserve ratio was 0.1, how did this...

Payments for Lawsuits at Banks. In 2015, U.S. Bank National Association paid $18 million to customers of Peregrine Financial Group to settle a lawsuit. If the reserve ratio was 0.1, how did this payment immediately change assets, liabilities, and owner’s equity?