XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 56,545 $ 42,979
Federal funds sold 2,425 431,975
Interest-bearing deposits 12,053 24,651
Total cash and cash equivalents 71,023 499,605
Securities available for sale 196,095 342,206
Securities held to maturity 713,390 184,263
Loans held for sale 2,770 4,129
Loans, net of allowance for credit losses of $28,997 and $30,433, respectively 2,107,658 1,876,076
Accrued interest receivable 10,144 8,901
Premises and equipment, net 54,437 53,470
Cash surrender value of life insurance 37,979 37,141
Core deposit intangible, net 2,086 2,313
Goodwill 32,160 32,160
Other assets 53,171 45,806
Total assets 3,280,913 3,086,070
Deposits    
Noninterest-bearing 1,105,756 1,014,518
Interest-bearing 1,673,865 1,656,309
Total deposits 2,779,621 2,670,827
Securities sold under agreements to repurchase 7,871 14,151
Accrued interest and other liabilities 28,033 26,568
Line of credit 0 5,000
Federal Home Loan Bank advances 131,500 47,500
Subordinated debt 51,053 19,810
Total liabilities 2,998,078 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, 14,159,928 and 14,138,978 shares issued, and 11,912,249 and 12,122,717 shares outstanding, respectively 14,160 14,139
Additional paid-in capital 226,318 225,544
Retained earnings 123,888 107,645
Treasury stock, 2,247,679 and 2,016,261 shares at cost (59,570) (51,419)
Accumulated other comprehensive (loss) income (22,541) 6,305
Equity attributable to Guaranty Bancshares, Inc. 282,255 302,214
Noncontrolling interest 580 0
Total equity 282,835 302,214
Total liabilities and equity $ 3,280,913 $ 3,086,070