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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2024
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,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc.

 

$

7,397

 

 

$

6,297

 

 

$

21,520

 

 

$

24,159

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,383,027

 

 

 

11,568,897

 

 

 

11,468,117

 

 

 

11,746,630

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

60,297

 

 

 

50,445

 

 

 

43,701

 

 

 

44,573

 

Weighted-average shares outstanding (diluted)

 

 

11,443,324

 

 

 

11,619,342

 

 

 

11,511,818

 

 

 

11,791,204

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Guaranty Bancshares, Inc. per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.65

 

 

$

0.54

 

 

$

1.88

 

 

$

2.06

 

Diluted

 

$

0.65

 

 

$

0.54

 

 

$

1.87

 

 

$

2.05