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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 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 (in thousands except per share amounts) as of December 31:

 

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc.

 

$

40,447

 

 

$

39,806

 

 

$

27,402

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,980,209

 

 

 

12,065,182

 

 

 

12,219,420

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

112,638

 

 

 

146,576

 

 

 

36,059

 

Weighted-average shares outstanding (diluted)

 

 

12,092,847

 

 

 

12,211,758

 

 

 

12,255,480

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc. per share

 

 

 

 

 

 

 

 

 

Basic

 

$

3.38

 

 

$

3.30

 

 

$

2.25

 

Diluted

 

$

3.34

 

 

$

3.26

 

 

$

2.24