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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2023
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:

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc.

 

$

30,037

 

 

$

40,447

 

 

$

39,806

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,693,761

 

 

 

11,980,209

 

 

 

12,065,182

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

44,844

 

 

 

112,638

 

 

 

146,576

 

Weighted-average shares outstanding (diluted)

 

 

11,738,605

 

 

 

12,092,847

 

 

 

12,211,758

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc. per share

 

 

 

 

 

 

 

 

 

Basic

 

$

2.57

 

 

$

3.38

 

 

$

3.30

 

Diluted

 

$

2.56

 

 

$

3.34

 

 

$

3.26