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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 48,010 $ 42,979
Federal funds sold 71,875 431,975
Interest-bearing deposits 4,284 24,651
Total cash and cash equivalents 124,169 499,605
Securities available for sale 197,944 342,206
Securities held to maturity 633,386 184,263
Loans held for sale 2,749 4,129
Loans, net of allowance for credit losses of $29,235 and $30,433, respectively 2,234,782 1,876,076
Accrued interest receivable 10,111 8,901
Premises and equipment, net 54,212 53,470
Other real estate owned 5 0
Cash surrender value of life insurance 38,194 37,141
Core deposit intangible, net 1,973 2,313
Goodwill 32,160 32,160
Other assets 60,581 45,806
Total assets 3,390,266 3,086,070
Deposits    
Noninterest-bearing 1,141,184 1,014,518
Interest-bearing 1,649,326 1,656,309
Total deposits 2,790,510 2,670,827
Securities sold under agreements to repurchase 7,592 14,151
Accrued interest and other liabilities 27,384 26,568
Line of credit 0 5,000
Federal Home Loan Bank advances 225,000 47,500
Subordinated debt 51,119 19,810
Total liabilities 3,101,605 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, 14,182,258 and 14,138,978 shares issued, and 11,915,372 and 12,122,717 shares outstanding, respectively 14,182 14,139
Additional paid-in capital 226,962 225,544
Retained earnings 132,170 107,645
Treasury stock, 2,266,886 and 2,016,261 shares, respectively, at cost (60,257) (51,419)
Accumulated other comprehensive (loss) income (24,973) 6,305
Equity attributable to Guaranty Bancshares, Inc. 288,084 302,214
Noncontrolling interest 577 0
Total equity 288,661 302,214
Total liabilities and equity $ 3,390,266 $ 3,086,070