Guaranty Bancshares, Inc. (GNTY) Financial Statements (2024 and earlier)

Company Profile

Business Address 201 SOUTH JEFFERSON AVENUE
MOUNT PLEASANT, TX 75455
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments52,40162,72559,19252,29468,59882,791
Cash and cash equivalents52,40162,72559,19252,29468,59882,791
Total current assets:52,40162,72559,19252,29468,59882,791
Noncurrent Assets
Operating lease, right-of-use asset12,45012,95812,89613,36313,76213,911
Property, plant and equipment56,15155,45754,29154,21254,43754,316
Intangible assets, net (including goodwill)33,79333,90634,01934,13334,24634,359
Goodwill32,16032,16032,16032,16032,16032,160
Intangible assets, net (excluding goodwill)1,6331,7461,8591,9732,0862,199
Regulated entity, other noncurrent assets498531564   
Total noncurrent assets:102,892102,852101,770101,708102,445102,586
Other undisclosed assets3,050,9033,190,7103,190,5333,236,2643,109,8703,004,452
TOTAL ASSETS:3,206,1963,356,2873,351,4953,390,2663,280,9133,189,829
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt20,53213,3387,2217,5927,87111,090
Total current liabilities:20,53213,3387,2217,5927,87111,090
Noncurrent Liabilities
Other undisclosed liabilities2,888,2373,042,6793,048,7163,094,0132,990,2072,886,859
Total liabilities:2,908,7693,056,0173,055,9373,101,6052,998,0782,897,949
Equity
Equity, attributable to parent296,862299,700294,984288,084282,255291,282
Common stock14,21814,21814,20914,18214,16014,139
Treasury stock, value(69,107)(61,001)(60,257)(60,257)(59,570)(53,412)
Additional paid in capital228,241228,091227,727226,962226,318225,700
Accumulated other comprehensive loss(26,505)(24,710)(24,260)(24,973)(22,541)(10,872)
Retained earnings150,015143,102137,565132,170123,888115,727
Equity, attributable to noncontrolling interest565570574577580598
Total equity:297,427300,270295,558288,661282,835291,880
TOTAL LIABILITIES AND EQUITY:3,206,1963,356,2873,351,4953,390,2663,280,9133,189,829

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues38,88537,55136,20232,81430,00226,798
Net investment income38,73437,14435,72032,47629,12025,893
Gross profit:38,88537,55136,20232,81430,00226,798
Operating expenses(2,754)(2,830)(2,770)(2,800)(2,848)(2,711)
Other operating income, net
(Noninterest Income, Other Operating Income)
4,5451,7471,8332,5812,0682,987
Operating income:40,67636,46835,26532,59529,22227,074
Interest and debt expense(14,031)(11,982)(7,362)(4,179)(2,269)(1,570)
Income from continuing operations before equity method investments, income taxes:26,64524,48627,90328,41626,95325,504
Other undisclosed loss from continuing operations before income taxes(14,540)(14,386)(18,120)(15,153)(13,715)(12,531)
Income from continuing operations before income taxes:12,10510,1009,78313,26313,23812,973
Income tax expense(2,529)(1,823)(1,764)(2,363)(2,472)(2,235)
Income from continuing operations:9,5768,2778,01910,90010,76610,738
Income before gain (loss) on sale of properties:10,90010,76610,738
Net income:9,5768,2778,01910,90010,76610,738
Net income attributable to noncontrolling interest543318 
Net income available to common stockholders, diluted:9,5818,2818,02210,90310,78410,738

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:9,5768,2778,01910,90010,76610,738
Other undisclosed comprehensive income (loss)(1,795)(450)713(2,432)(11,669) 
Comprehensive income (loss):7,7817,8278,7328,468(903)10,738
Comprehensive income, net of tax, attributable to noncontrolling interest543318 
Other undisclosed comprehensive loss, net of tax, attributable to parent      (17,177)
Comprehensive income (loss), net of tax, attributable to parent:7,7867,8318,7358,471(885)(6,439)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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