Yes. It’s the “fractional reserve banking” magic. Don’t even count on that 10% because it probably goes towards keeping the lights on.
https://www.google.com/search?q=fractional+reserve+banking&tbm=isch&sa=X&ved=2ahUKEwi8wMqXrfD9AhV5EkQIHXaGCYMQ0pQJegQIChAB&biw=375&bih=635&dpr=3
https://mishtalk.com/economics/fed-policy-its-not-fractional-reserve-banking-its-zero-reserve-banking
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