XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 58,788 $ 42,979
Federal funds sold 139,300 431,975
Interest-bearing deposits 24,003 24,651
Total cash and cash equivalents 222,091 499,605
Securities available for sale 306,704 342,206
Securities held to maturity 494,289 184,263
Loans held for sale 1,166 4,129
Loans, net of allowance for credit losses of $29,096 and $30,433, respectively 1,983,449 1,876,076
Accrued interest receivable 8,961 8,901
Premises and equipment, net 54,316 53,470
Cash surrender value of life insurance 37,352 37,141
Core deposit intangible, net 2,199 2,313
Goodwill 32,160 32,160
Other assets 47,142 45,806
Total assets 3,189,829 3,086,070
Deposits    
Noninterest-bearing 1,065,789 1,014,518
Interest-bearing 1,731,621 1,656,309
Total deposits 2,797,410 2,670,827
Securities sold under agreements to repurchase 11,090 14,151
Accrued interest and other liabilities 27,803 26,568
Line of credit 0 5,000
Federal Home Loan Bank advances 7,500 47,500
Subordinated debt 54,146 19,810
Total liabilities 2,897,949 2,783,856
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, 14,138,978 shares issued, and 12,066,480 and 12,122,717 shares outstanding, respectively 14,139 14,139
Additional paid-in capital 225,700 225,544
Retained earnings 115,727 107,645
Treasury stock, 2,072,498 and 2,016,261 shares at cost (53,412) (51,419)
Accumulated other comprehensive (loss) income (10,872) 6,305
Equity attributable to Guaranty Bancshares, Inc. 291,282 302,214
Noncontrolling interest 598 0
Total equity 291,880 302,214
Total liabilities and equity $ 3,189,829 $ 3,086,070