FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

Date of Report:     October 19, 2001

Guaranty Bancshares, Inc.
(Exact name of registrant as specified in its charter)

Texas
(State or other jurisdiction
of incorporation) 0-23113
(Commission
File Number) 75-1656431
(IRS Employer
Identification No.)

100 W. Arkansas Street, Mt. Pleasant, Texas
(Address of principal executive offices) 75455
(Zip Code)

Registrant’s telephone number, including area code     903-572-9881

—————————————————————————————————————
(Former name or former address, if changed since last report)

This report is filed pursuant to Item 4 of Form 8-K to report the change of name of the independent accounting firm that is utilized by the Registrant. Pursuant to General Instruction F of Form 8-K, the following documents are incorporated herein by reference and attached as the exhibits hereto.

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EXHIBIT INDEX

Exhibit Number	Description	Sequentially Numbered Pages
1.	Report of merger of Registrant’s	3
	certifying accountant and name
	of successor company as
	independent accountant and
	auditor.
2.	Letter from Fisk and Robinson,	4
	P.C. to the Securities and
	Exchange Commission stating
	information regarding merger.
3.	Letter from Fisk and Robinson,	5
	P.C. to Registrant regarding merger,
	with copy to the Securities and
	Exchange Commission.

Guaranty Bancshares, Inc.
By: Name: Title:	/s/ CLIFTON A. PAYNE —————————————— Clifton A. Payne —————————————— Executive Vice President & CFO ——————————————

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