CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
| Interest income | ||||
| Loans, including fees | $ 33,782 | $ 35,009 | $ 67,098 | $ 70,500 |
| Securities | ||||
| Taxable | 4,656 | 3,506 | 9,292 | 6,725 |
| Nontaxable | 1,063 | 1,093 | 2,059 | 2,258 |
| Nonmarketable equity securities | 93 | 280 | 210 | 528 |
| Federal funds sold and interest-bearing deposits | 1,557 | 825 | 2,775 | 1,454 |
| Total interest income | 41,151 | 40,713 | 81,434 | 81,465 |
| Interest expense | ||||
| Deposits | 12,762 | 14,824 | 25,639 | 29,283 |
| FHLB advances and federal funds purchased | 0 | 1,207 | 0 | 3,127 |
| Subordinated debt | 467 | 511 | 909 | 1,028 |
| Other borrowed money | 258 | 291 | 496 | 560 |
| Total interest expense | 13,487 | 16,833 | 27,044 | 33,998 |
| Net interest income | 27,664 | 23,880 | 54,390 | 47,467 |
| Reversal of provision for credit losses | 0 | (1,200) | (300) | (1,450) |
| Net interest income after reversal of provision for credit losses | 27,664 | 25,080 | 54,690 | 48,917 |
| Noninterest income | ||||
| Service charges | 1,073 | 1,098 | 2,159 | 2,167 |
| Net realized gain on sale of loans | 339 | 227 | 479 | 499 |
| Merchant and debit card fees | 1,861 | 2,122 | 3,988 | 3,828 |
| Other income | 2,287 | 1,152 | 3,967 | 3,363 |
| Total noninterest income | 5,560 | 4,599 | 10,593 | 9,857 |
| Noninterest expense | ||||
| Employee compensation and benefits | 11,788 | 11,723 | 24,028 | 24,160 |
| Occupancy expenses | 3,093 | 2,924 | 6,266 | 5,671 |
| Other expenses | 5,825 | 5,955 | 11,621 | 11,463 |
| Total noninterest expense | 20,706 | 20,602 | 41,915 | 41,294 |
| Income before income taxes | 12,518 | 9,077 | 23,368 | 17,480 |
| Income tax provision | 2,535 | 1,654 | 4,762 | 3,376 |
| Net earnings | 9,983 | 7,423 | 18,606 | 14,104 |
| Net loss attributable to noncontrolling interest | 19 | 12 | 36 | 19 |
| Net earnings attributable to Guaranty Bancshares, Inc. | $ 10,002 | $ 7,435 | $ 18,642 | $ 14,123 |
| Basic earnings per share | $ 0.88 | $ 0.65 | $ 1.64 | $ 1.23 |
| Diluted earnings per share | $ 0.87 | $ 0.65 | $ 1.63 | $ 1.22 |
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- Definition Fees and Commissions1 No definition available.
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- Definition Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances No definition available.
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- Definition Interest Income, Federal Funds Sold and Deposits with Financial Institutions No definition available.
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- Definition Interest income, nonmarketable equity securities No definition available.
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- Definition Noninterest income merchantand debit card fee revenue. No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as other. No definition available.
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- Definition Interest expense incurred during the reporting period on subordinated notes and debentures. Includes amortization of expenses incurred in the issuance of subordinated notes and debentures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of noninterest expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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