CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 52,390	$ 42,979
Federal funds sold	47,275	431,975
Interest-bearing deposits	6,802	24,651
Total cash and cash equivalents	106,467	499,605
Securities available for sale	188,927	342,206
Securities held to maturity	509,008	184,263
Loans held for sale	3,156	4,129
Loans, net of allowance for credit losses of $31,974 and $30,433, respectively	2,344,245	1,876,076
Accrued interest receivable	11,555	8,901
Premises and equipment, net	54,291	53,470
Other real estate owned	38	0
Cash surrender value of life insurance	38,404	37,141
Core deposit intangible, net	1,859	2,313
Goodwill	32,160	32,160
Other assets	61,385	45,806
Total assets	3,351,495	3,086,070
Deposits
Noninterest-bearing	1,052,144	1,014,518
Interest-bearing	1,629,010	1,656,309
Total deposits	2,681,154	2,670,827
Securities sold under agreements to repurchase	7,221	14,151
Accrued interest and other liabilities	28,409	26,568
Line of credit	0	5,000
Federal Home Loan Bank advances	290,000	47,500
Subordinated debt, net	49,153	19,810
Total liabilities	3,055,937	2,783,856
Commitments and contingencies (see Note 15)
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, 14,208,558 and 14,138,978 shares issued, and 11,941,672 and 12,122,717 shares outstanding, respectively	14,209	14,139
Additional paid-in capital	227,727	225,544
Retained earnings	137,565	107,645
Treasury stock, 2,266,886 and 2,016,261 shares, respectively, at cost	(60,257)	(51,419)
Accumulated other comprehensive (loss) income	(24,260)	6,305
Equity attributable to Guaranty Bancshares, Inc.	294,984	302,214
Noncontrolling interest	574	0
Total equity	295,558	302,214
Total liabilities and equity	$ 3,351,495	$ 3,086,070