Three Months Ended 
September 30,

Nine Months Ended 
September 30,

2023

2022

2023

2022

Numerator:

Net earnings attributable to Guaranty Bancshares, Inc.

$

6,297

$

10,903

$

24,159

$

32,425

Denominator:

Weighted-average shares outstanding (basic)

11,568,897

11,907,233

11,746,630

11,994,105

Effect of dilutive securities:

Common stock equivalent shares from stock options

50,445

125,158

44,573

125,344

Weighted-average shares outstanding (diluted)

11,619,342

12,032,391

11,791,204

12,119,449

Net earnings attributable to Guaranty Bancshares, Inc. per share

Basic

$

0.54

$

0.92

$

2.06

$

2.70

Diluted

$

0.54

$

0.91

$

2.05

$

2.68