v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 40,302 $ 47,417
Federal funds sold 149,200 94,750
Interest-bearing deposits 3,664 3,797
Total cash and cash equivalents 193,166 145,964
Securities available for sale 367,929 340,304
Securities held to maturity 280,835 334,732
Loans held for sale 705 143
Loans, net of allowance for credit losses of $27,586 and $28,290, respectively 2,112,851 2,102,565
Accrued interest receivable 11,559 12,016
Premises and equipment, net 54,132 56,010
Other real estate owned 0 1,184
Cash surrender value of life insurance 43,395 42,883
Core deposit intangible, net 819 994
Goodwill 32,160 32,160
Other assets 46,604 46,599
Total assets 3,144,155 3,115,554
Deposits    
Noninterest-bearing 855,455 837,432
Interest-bearing 1,853,047 1,854,735
Total deposits 2,708,502 2,692,167
Securities sold under agreements to repurchase 30,309 31,075
Accrued interest and other liabilities 31,552 31,320
Subordinated debt, net 41,985 41,918
Total liabilities 2,812,348 2,796,480
Commitments and contingencies (see Note 11)
Equity    
Preferred stock, $5.00 par value, 15,000,000 shares authorized, no shares issued 0 0
Common stock, $1.00 par value, 50,000,000 shares authorized, 14,400,611 and 14,343,326 shares issued, and 11,345,511 and 11,431,568 shares outstanding, respectively 14,401 14,343
Additional paid-in capital 233,305 231,684
Retained earnings 190,387 177,421
Treasury stock, 3,055,100 and 2,911,758 shares, respectively, at cost (83,675) (77,852)
Accumulated other comprehensive loss (23,151) (27,098)
Equity attributable to Guaranty Bancshares, Inc. 331,267 318,498
Noncontrolling interest 540 576
Total equity 331,807 319,074
Total liabilities and equity $ 3,144,155 $ 3,115,554