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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The computations of basic and diluted earnings per share for the Company were as follows for the:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc.

 

$

10,903

 

 

$

9,253

 

 

$

32,425

 

 

$

30,647

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,907,233

 

 

 

12,067,769

 

 

 

11,994,105

 

 

 

12,054,426

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

125,158

 

 

 

143,620

 

 

 

125,344

 

 

 

155,058

 

Weighted-average shares outstanding (diluted)

 

 

12,032,391

 

 

 

12,211,389

 

 

 

12,119,449

 

 

 

12,209,484

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc. per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.92

 

 

$

0.77

 

 

$

2.70

 

 

$

2.54

 

Diluted

 

$

0.91

 

 

$

0.76

 

 

$

2.68

 

 

$

2.51