Exhibit 99.1

Press Release

For Immediate Release

Guaranty Bancshares, Inc. Reports

Second Quarter 2018 Financial Results

MOUNT PLEASANT, Texas, July 24, 2018 /GlobeNewswire/ -- Guaranty Bancshares, Inc. (NASDAQ: GNTY), the holding company for Guaranty Bank & Trust, N.A., today reported financial results for the fiscal quarter ended June 30, 2018. The company's net income available to common shareholders was $4.6 million, or $0.41 per basic share, for the quarter ended June 30, 2018, compared to $4.4 million, or $0.39 per basic share, for the quarter ended March 31, 2018 and $4.0 million, or $0.40 per basic share, for the quarter ended June 30, 2017. The earnings per basic share during the second quarter of 2018 were impacted by the issuance of 899,816 shares of common stock in connection with the completion of the Westbound Bank ("Westbound") acquisition on June 1, 2018. Excluding the Westbound acquisition related expenses, basic earnings per share during the second quarter of 2018 would be $0.46 per basic share. The growth in our net income was primarily attributable to an increase in net interest income, after the provision for loan losses, of $1.8 million and an increase in noninterest income of $400,000, compared to the same period in 2017. Return on average assets and average equity for the second quarter were 0.90% and 8.58%, respectively, compared to 0.89% and 8.35%, respectively for the first quarter of 2018 and 0.85% and 8.85%, respectively, for the same period during 2017.

The company's growth in net earnings in the second quarter of 2018, as compared to the second quarter of 2017, was primarily attributable to growth in net interest income of $1.8 million, an increase in noninterest income of $400,000, and a decrease in the income tax provision of $611,000. These increases were partially offset by an increase in noninterest expense of $2.2 million, which includes nonrecurring Westbound acquisition related expenses during the quarter of $534,000, as well as $7.8 million in employee and compensation benefits for the quarter ended June 30, 2018, an increase of $1.3 million, or 20.9%, from the quarter ended June 30, 2017. The increase in employee compensation and benefits resulted from an increase of 54 full-time equivalent employees, from 395 as of June 30, 2017 to 449 as of June 30, 2018, of which 25 new employees were related to the Westbound acquisition, nine were from our two de novo locations in Austin and Fort Worth, Texas that were opened in the fourth quarter of 2017, and other employees were added to support operational growth and our SBA department.

Net interest income for the second quarter of 2018 and 2017 was $16.5 million and $14.8 million, respectively, an increase of $1.7 million, or 11.2%. Net interest margin for the second quarter of 2018 and 2017 was 3.44% and 3.40% respectively. Net interest income and net interest margin, on a taxable equivalent basis, were $16.5 million and 3.48%, respectively, for the second quarter of 2018.

The provision for loan losses was $650,000 in the second quarter of 2018, compared to $600,000 in the first quarter of 2018 and $800,000 in the second quarter of 2017. The provision for loan losses is primarily reflective of organic growth during the respective periods. Nonperforming assets as a percentage of total loans have remained relatively consistent and were 0.76% at June 30, 2018, compared to 0.64% at March 31, 2018, and 0.71% at June 30, 2017.

Noninterest income increased 6.8% in the second quarter of 2018 to $3.9 million, compared to $3.7 million for the quarter ended March 31, 2018. Noninterest income increased 11.4% in the second quarter of 2018, compared to $3.5 million for the quarter ended June 30, 2017. Merchant and debit card income increased 10.1% to $871,000, compared to $791,000 in the same quarter last year due to continued growth in net new accounts and debit card usage. Gain on sale of mortgage loans increased $206,000, or 43.6%, from $472,000 in the second quarter of 2017 to $678,000 in the current quarter. The increase in gain on sale of mortgage loans results from increases in the volume and amount of the loans sold. Other categories of noninterest income increased with the continued growth of the bank.

Noninterest expense increased 7.1% in the second quarter of 2018 to $14.1 million, compared to $13.1 million for the quarter ended March 31, 2018. Noninterest expense increased 18.2% in the second quarter of 2018, compared to $11.9 million for the second quarter of 2017. The increase in noninterest expense in the second quarter of 2018 was primarily driven by a $1.3 million increase in employee compensation and benefit expenses when compared to the same quarter a year ago, a $614,000 increase in legal and professional fees, primarily associated with the Westbound acquisition and a $140,000 increase in occupancy expenses. Increases in salary and occupancy expenses were significantly impacted as a result of the Westbound acquisition and by our two de novo locations in Austin and Fort Worth, Texas. The company's efficiency ratio in the second quarter of 2018 was 68.88%, compared to 65.10% in the same quarter last year.

As of June 30, 2018, consolidated assets for the company totaled $2.24 billion, compared to $2.00 billion at March 31, 2018 and $1.91 billion at June 30, 2017. Gross loans increased 13.71%, or $192.1 million, to $1.59 billion at June 30, 2018, compared to loans of $1.40 billion at March 31, 2018. Gross loans increased 23.0%, or $297.8 million, from $1.30 billion at June 30, 2017. Excluding the $154.7 million of loans acquired from Westbound, loan growth from June 30, 2017 to June 30, 2018 was $143.1 million or 11.0%. Deposits increased by 9.27%, or $156.8 million, to $1.85 billion at June 30, 2018 compared to $1.69 billion at

March 31, 2018. Total deposits increased 12.3%, or $202.1 million, from $1.65 billion at June 30, 2017. Excluding the $181.4 million of deposits acquired from Westbound, deposit growth from June 30, 2017 to June 30, 2018 was $20.6 million, or 1.24%. Shareholders' equity totaled $239.7 million as of June 30, 2018, compared to $207.4 million at March 31, 2018 and $204.6 million at June 30, 2017. The increases from the first quarter and from June 30, 2017 were primarily the result of operating earnings and the issuance of common stock related to the Westbound acquisition during the period.

The company's Chairman and Chief Executive Officer, Ty Abston, said, "Guaranty completed the Westbound acquisition on June 1^st with a simultaneous close and system conversion that went very smoothly as our integration team did an excellent job leading up to and during the conversion. We continue to integrate the operations of the Westbound locations into Guaranty and expect to realize cost savings of at least 30.0%. We have hired two additional lenders in the Houston market and plan to further build out our team in that growing region. Our Austin and Dallas/Fort Worth markets continue to grow and we will be moving to permanent facilities in all of those markets during the third and fourth quarters of 2018, which should help us continue our growth momentum."

Guaranty Bancshares, Inc.
Consolidated Financial Summary (Unaudited)
(In thousands, except share and per share data)
	As of
	2018				2017
	June 30		March 31		December 31		September 30		June 30
ASSETS
Cash and due from banks	$	37,944	$	33,021	$	40,482	$	33,736	$	36,389
Federal funds sold	56,850		43,875		26,175		34,250		17,700
Interest-bearing deposits	4,186		9,715		24,771		27,075		29,217
Total cash and cash equivalents	98,980		86,611		91,428		95,061		83,306
Securities available for sale	243,490		235,075		232,372		238,133		246,233
Securities held to maturity	167,239		170,408		174,684		179,081		182,248
Loans held for sale	1,731		1,477		1,896		3,400		2,435
Loans, net	1,580,441		1,388,913		1,347,779		1,294,847		1,284,318
Accrued interest receivable	8,667		6,719		8,174		6,440		7,631
Premises and equipment, net	53,396		45,095		43,818		43,958		44,491
Other real estate owned	1,926		2,076		2,244		1,929		1,733
Cash surrender value of life insurance	25,590		19,468		19,117		18,376		18,035
Deferred tax asset	2,504		3,354		2,543		4,267		4,121
Core deposit intangible, net	5,133		2,578		2,724		2,870		3,016
Goodwill	32,019		18,742		18,742		18,742		18,742
Other assets	23,524		17,369		17,103		16,949		16,160
Total assets	$	2,244,640	$	1,997,885	$	1,962,624	$	1,924,053	$	1,912,469
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	$	464,236	$	421,255	$	410,009	$	405,678	$	387,725
Interest-bearing deposits	1,384,189		1,270,327		1,266,311		1,211,624		1,258,648
Total deposits	1,848,425		1,691,582		1,676,320		1,617,302		1,646,373
Securities sold under agreements to repurchase	12,588		12,395		12,879		12,920		14,153
Accrued interest and other liabilities	9,515		7,575		7,117		7,601		7,921
Federal Home Loan Bank advances	120,644		65,149		45,153		65,157		25,161
Subordinated debentures	13,810		13,810		13,810		13,810		14,310
Total liabilities	2,004,982		1,790,511		1,755,279		1,716,790		1,707,918
Total shareholders' equity	239,658		207,374		207,345		207,263		204,551
Total liabilities and shareholders' equity	$	2,244,640	$	1,997,885	$	1,962,624	$	1,924,053	$	1,912,469

	Quarter Ended
	2018						2017
	June 30			March 31			December 31			September 30			June 30
INCOME STATEMENTS
Interest income	$	21,026		$	19,038		$	18,689		$	18,165		$	17,792
Interest expense	4,567			3,666			3,201			3,063			2,993
Net interest income	16,459			15,372			15,488			15,102			14,799
Provision for loan losses	650			600			600			800			800
Net interest income after provision for loan losses	15,809			14,772			14,888			14,302			13,999
Noninterest income	3,916			3,665			3,779			3,702			3,516
Noninterest expense	14,069			13,134			12,265			12,166			11,906
Income before income taxes	5,656			5,303			6,402			5,838			5,609
Income tax provision	1,022			944			3,594			1,699			1,633
Net earnings	$	4,634		$	4,359		$	2,808		$	4,139		$	3,976
PER COMMON SHARE DATA
Earnings per common share, basic	$	0.41		$	0.39		$	0.25		$	0.37		$	0.40
Earnings per common share, diluted	0.41			0.39			0.25			0.37			0.39
Cash dividends per common share	0.14			0.14			0.14			0.13			0.26
Book value per common share - end of quarter	20.04			18.75			18.75			18.74			18.50
Tangible book value per common share - end of quarter(1)	16.81			16.82			16.81			16.79			16.53
Common shares outstanding - end of quarter	11,960,772			11,058,956			11,058,956			11,058,956			11,058,956
Weighted-average common shares outstanding, basic	11,327,363			11,058,956			11,058,956			11,058,956			10,019,049
Weighted-average common shares outstanding, diluted	11,440,103			11,177,579			11,162,329			11,164,429			10,106,825
PERFORMANCE RATIOS
Return on average assets (annualized)	0.90		%	0.89		%	0.58		%	0.87		%	0.85		%
Return on average equity (annualized)	8.58			8.35			5.36			7.99			8.85
Net interest margin (annualized)	3.44			3.41			3.39			3.38			3.40
Efficiency ratio(2)	68.88			68.99			64.13			64.70			65.10

(1) See Reconciliation of non-GAAP Financial Measures table

(2) The efficiency ratio was calculated by dividing total noninterest expense by net interest income plus noninterest income, excluding securities gains or losses. Taxes are not part of this calculation.

Guaranty Bancshares, Inc.
Selected Financial Data (Unaudited)
(In thousands)
	As of
	2018						2017
	June 30			March 31			December 31			September 30			June 30
LOAN PORTFOLIO COMPOSITION
Commercial and industrial	$	234,396		$	206,308		$	197,508		$	192,368		$	217,310
Real estate:
Construction and development	211,745			193,909			196,774			201,542			178,041
Commercial real estate	570,448			450,076			418,137			393,710			379,083
Farmland	68,272			63,971			59,023			54,351			63,841
1-4 family residential	392,940			377,278			374,371			364,530			355,121
Multi-family residential	39,023			37,992			36,574			23,259			28,858
Consumer	52,949			48,982			51,267			51,379			51,244
Agricultural	23,362			22,545			25,596			24,449			21,854
Overdrafts	339			273			294			698			364
Total loans(1)(2)	$	1,593,474		$	1,401,334		$	1,359,544		$	1,306,286		$	1,295,716
	Quarter Ended
	2018						2017
	June 30			March 31			December 31			September 30			June 30
ALLOWANCE FOR LOAN LOSSES
Balance at beginning of period	$	13,375		$	12,859		$	12,528		$	12,525		$	11,928
Loans charged-off	(201		)	(116		)	(979		)	(929		)	(302		)
Recoveries	66			32			710			132			99
Provision for loan losses	650			600			600			800			800
Balance at end of period	$	13,890		$	13,375		$	12,859		$	12,528		$	12,525
Allowance for loan losses / period-end loans	0.87		%	0.95		%	0.95		%	0.96		%	0.97		%
Allowance for loan losses / nonperforming loans	162.3			282.4			321.2			217.7			316.4
Net charge-offs / average loans (annualized)	0.04			0.02			0.08			0.25			0.06
NON-PERFORMING ASSETS
Non-accrual loans (3)	$	8,557		$	4,737		$	4,004		$	5,755		$	3,958
Other real estate owned	1,926			2,076			2,244			1,929			1,733
Repossessed assets owned	1,624			2,107			2,466			2,479			3,501
Total non-performing assets	$	12,107		$	8,920		$	8,714		$	10,163		$	9,192
Non-performing assets as a percentage of:
Total loans(1)(3)	0.76		%	0.64		%	0.64		%	0.78		%	0.71		%
Total assets	0.54			0.45			0.44			0.53			0.48
Restructured loans-nonaccrual	$	—		$	—		$	—		$	—		$	—
Restructured loans-accruing	737			746			657			316			323

	Quarter Ended
	2018					2017
	June 30			March 31		December 31		September 30		June 30
NONINTEREST INCOME
Service charges	$	852		$	888	$	945	$	986	$	938
Net realized gain on securities transactions	(51		)	—		142		—		25
Net realized gain on sale of loans	678			556		491		589		472
Fiduciary income	379			398		408		362		343
Bank-owned life insurance income	135			126		114		116		114
Merchant and debit card fees	871			829		818		778		791
Loan processing fee income	155			145		143		146		163
Other noninterest income	897			723		718		725		670
Total noninterest income	$	3,916		$	3,665	$	3,779	$	3,702	$	3,516
NONINTEREST EXPENSE
Employee compensation and benefits	$	7,789		$	7,778	$	6,922	$	6,729	$	6,440
Occupancy expenses	2,006			1,853		1,848		1,938		1,866
Legal and professional fees	1,033			568		589		692		419
Software and technology	657			556		556		533		517
Amortization	275			257		252		258		259
Director and committee fees	268			279		304		253		248
Advertising and promotions	380			279		314		303		335
ATM and debit card expense	259			309		133		253		264
Telecommunication expense	154			152		114		128		141
FDIC insurance assessment fees	159			156		144		162		174
Other noninterest expense	1,089			947		1,089		917		1,243
Total noninterest expense	$	14,069		$	13,134	$	12,265	$	12,166	$	11,906

(1) Excludes outstanding balances of loans held for sale of $1.7 million, $1.5 million, $1.6 million, $3.4 million and $2.4 million as of June 30, 2018, March 31, 2018, December 31, 2017, September 30, 2017 and June 30, 2017, respectively.

(2) Excludes deferred loan fees of $857,000, $1.0 million, $1.1 million, $1.1 million and $1.1 million as of June 30, 2018, March 31, 2018, December 31, 2017, September 30, 2017 and June 30, 2017, respectively.

(3) Restructured loans-nonaccrual are included in nonaccrual loans which are a component of nonperforming loans.

Guaranty Bancshares, Inc.
Selected Financial Data (Unaudited)
(In thousands)
	For the Three Months Ended June 30,
	2018							2017
	Average Outstanding Balance			Interest Earned/ Interest Paid		Average Yield/ Rate		Average Outstanding Balance			Interest Earned/ Interest Paid		Average Yield/ Rate
ASSETS
Interest-earnings assets:
Total loans(1)	$	1,464,724		$	18,242	5.00	%	$	1,273,989		$	15,214	4.79	%
Securities available for sale	248,422			1,492		2.41		217,031			1,198		2.21
Securities held to maturity	168,948			1,038		2.46		184,524			1,123		2.44
Nonmarketable equity securities	8,588			97		4.53		5,774			64		4.45
Interest-bearing deposits in other banks	30,340			157		2.08		66,272			193		1.17
Total interest-earning assets	1,921,022			21,026		4.39		1,747,590			17,792		4.08
Allowance for loan losses	(13,671		)					(12,054		)
Noninterest-earnings assets	147,812							144,489
Total assets	$	2,055,163						$	1,880,025
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
Interest-bearing deposits	$	1,286,308		$	4,004	1.25	%	$	1,251,623		$	2,627	0.84	%
Advances from FHLB and fed funds purchased	86,228			374		1.74		25,163			44		0.70
Other debt	—			—		—		8,431			120		5.71
Subordinated debentures	13,810			176		5.11		16,750			188		4.50
Securities sold under agreements to repurchase	14,043			13		0.37		13,437			14		0.42
Total interest-bearing liabilities	1,400,389			4,567		1.31		1,315,404			2,993		0.91
Noninterest-bearing liabilities:
Noninterest-bearing deposits	431,709							377,994
Accrued interest and other liabilities	7,034							6,991
Total noninterest-bearing liabilities	438,743							384,985
Shareholders’ equity	216,031							179,636
Total liabilities and shareholders’ equity	$	2,055,163						$	1,880,025
Net interest rate spread(2)						3.08	%						3.17	%
Net interest income				$	16,459						$	14,799
Net interest margin(3)						3.44	%						3.40	%

(1) Includes average outstanding balances of loans held for sale of $1.9 million and $1.4 million for the three months ended June 30, 2018 and 2017 respectively.

(2) Net interest spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.

(3) Net interest margin is equal to net interest income divided by average interest-earning assets, annualized.

	For the Six Months Ended June 30,
	2018							2017
	Average Outstanding Balance			Interest Earned/ Interest Paid		Average Yield/ Rate		Average Outstanding Balance			Interest Earned/ Interest Paid		Average Yield/ Rate
ASSETS
Interest-earnings assets:
Total loans(1)	$	1,415,000		$	34,498	4.92	%	$	1,253,670		$	29,629	4.77	%
Securities available for sale	243,356			2,934		2.43		202,421			2,302		2.29
Securities held to maturity	170,803			2,099		2.48		186,064			2,252		2.44
Nonmarketable equity securities	8,051			186		4.66		7,251			320		8.90
Interest-bearing deposits in other banks	36,907			347		1.90		89,189			425		0.96
Total interest-earning assets	1,874,117			40,064		4.31		1,738,595			34,928		4.05
Allowance for loan losses	(13,332		)					(11,810		)
Noninterest-earnings assets	145,093							144,418
Total assets	$	2,005,878						$	1,871,203
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
Interest-bearing deposits	$	1,271,225		$	7,278	1.15	%	$	1,252,962		$	5,031	0.81	%
Advances from FHLB and fed funds purchased	73,176			588		1.62		37,209			112		0.61
Other debt	—			—		—		13,534			325		4.84
Subordinated debentures	13,810			343		5.01		18,023			395		4.42
Securities sold under agreements to repurchase	12,839			24		0.38		12,263			25		0.41
Total interest-bearing liabilities	1,371,050			8,233		1.21		1,333,991			5,888		0.89
Noninterest-bearing liabilities:
Noninterest-bearing deposits	416,114							368,341
Accrued interest and other liabilities	6,316							6,576
Total noninterest-bearing liabilities	422,430							374,917
Shareholders’ equity	212,398							162,295
Total liabilities and shareholders’ equity	$	2,005,878						$	1,871,203
Net interest rate spread(2)						3.10	%						3.16	%
Net interest income				$	31,831						$	29,040
Net interest margin(3)						3.43	%						3.37	%

(1) Includes average outstanding balances of loans held for sale of $1.8 million and $2.8 million for the six months ended June 30, 2018 and 2017, respectively.

(2) Net interest spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.

(3) Net interest margin is equal to net interest income divided by average interest-earning assets, annualized.

Guaranty Bancshares, Inc.
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In thousands, except share and per share data)
	As of
	2018						2017
	June 30			March 31			December 31			September 30			June 30
Total shareholders’ equity	$	239,658		$	207,374		$	207,345		$	207,263		$	204,551
Adjustments:
Goodwill	(32,019		)	(18,742		)	(18,742		)	(18,742		)	(18,742		)
Core deposit and other intangibles	(6,628		)	(2,578		)	(2,724		)	(2,870		)	(3,016		)
Total tangible common equity	$	201,011		$	186,054		$	185,879		$	185,651		$	182,793
Common shares outstanding - end of quarter(1)	11,960,772			11,058,956			11,058,956			11,058,956			11,058,956
Book value per common share	$	20.04		$	18.75		$	18.75		$	18.74		$	18.50
Tangible book value per common share	16.81			16.82			16.81			16.79			16.53

(1) Excludes the dilutive effect, if any, of shares of common stock issuable upon exercise of outstanding stock options.

About Non-GAAP Financial Measures

Certain of the financial measures and ratios we present, including “tangible book value per share” are supplemental measures that are not required by, or are not presented in accordance with, U.S. generally accepted accounting principles (GAAP). We refer to these financial measures and ratios as “non-GAAP financial measures.” We consider the use of select non-GAAP financial measures and ratios to be useful for financial and operational decision making and useful in evaluating period-to-period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain expenditures or assets that we believe are not indicative of our primary business operating results or by presenting certain metrics on a fully taxable equivalent basis. We believe that management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, analyzing and comparing past, present and future periods.

These non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP and you should not rely on non-GAAP financial measures alone as measures of our performance. The non-GAAP financial measures we present may differ from non-GAAP financial measures used by our peers or other companies. We compensate for these limitations by providing the equivalent GAAP measures whenever we present the non-GAAP financial measures and by including a reconciliation of the impact of the components adjusted for in the non-GAAP financial measure so that both measures and the individual components may be considered when analyzing our performance.

A reconciliation of non-GAAP financial measures to the comparable GAAP financial measures is included at the end of the financial statement tables.

About Guaranty Bancshares, Inc.

Guaranty Bancshares, Inc. ("Guaranty") is a bank holding company that conducts commercial banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services. Guaranty Bank & Trust has 32 banking locations across 24 Texas communities located within the East Texas, Dallas/Fort Worth, Greater Houston and Central Texas regions of the state. Visit www.gnty.com for more information.

Cautionary Statement Regarding Forward-Looking Information

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our results of operations, financial condition and financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would” and “outlook,” or the negative version of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Such factors include, without limitation, the “Risk Factors” referenced in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, other risks and uncertainties listed from time to time in our reports and documents filed with the Securities and Exchange Commission ("SEC"), and the following factors: business and economic conditions generally and in the financial services industry, nationally and within our current and future geographic market areas; economic, market, operational, liquidity, credit and interest rate risks associated with our business; the composition of our loan portfolio, including deteriorating asset quality and higher loan charge-offs; the laws and regulations applicable to our business; our ability to achieve organic loan and deposit growth and the composition of such growth; increased competition in the financial services industry, nationally, regionally or locally; our ability to maintain our historical earnings trends; our ability to raise additional capital to execute our business plan; acquisitions and integrations of acquired businesses; systems failures or interruptions involving our information technology and telecommunications systems or third-party servicers; the composition of our management team and our ability to attract and retain key personnel; the fiscal position of the U.S. federal government and the soundness of other financial institutions; and the amount of nonperforming and classified assets we hold. We can give no assurance that any goal or plan or expectation set forth in forward-looking statements can be achieved and readers are cautioned not to place undue reliance on such statements. The forward-looking statements are made as of the date of this communication, and we do not intend, and assume no obligation, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law.

Contact:

Cappy Payne

Senior Executive Vice President and Chief Financial Officer

(888) 572-9881

investors@gnty.com

Source: Guaranty Bancshares, Inc.