Articles from Guaranty Bancshares, Inc.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss first quarter 2025 financial results on Monday, April 21, 2025 at 10:00 a.m. CT. The related earnings press release will be issued Monday, April 21, 2025 at 6:00 a.m. CT.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., is proud to announce a transformative gift to Texas Southern University’s Jesse H. Jones School of Business Future Bankers Leadership Program, reinforcing its commitment to economic growth and workforce development in Houston and beyond.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.25 per share of common stock. The dividend will be paid on April 9, 2025, to stockholders of record as of the close of business on March 31, 2025.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter and year ended December 31, 2024. The Company's net income available to common shareholders was $10.0 million, or $0.88 per basic share, for the quarter ended December 31, 2024, compared to $7.4 million, or $0.65 per basic share, for the quarter ended September 30, 2024 and $5.9 million, or $0.51 per basic share, for the quarter ended December 31, 2023. Return on average assets and average equity for the fourth quarter of 2024 were 1.27% and 12.68%, respectively, compared to 0.96% and 9.58%, respectively, for the third quarter of 2024 and 0.73% and 7.93%, respectively, for the fourth quarter of 2023. The increase in earnings during the fourth quarter of 2024 compared to the fourth quarter of 2023 was primarily due to a $2.4 million, or 10.1%, increase in net interest income, a $930,000, or 19.4%, increase in noninterest income, and a decrease in noninterest expense of $1.5 million, or 7.1%, compared to the prior year quarter. The increase in earnings as compared to the third quarter of 2024 was primarily driven by a $2.0 million, or 8.4%, increase in net interest income.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss fourth quarter and year-end 2024 financial results on Tuesday, January 21, 2025 at 10:00 a.m. CT. The related earnings press release will be issued Tuesday, January 21, 2025 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.24 per share of common stock. The dividend will be paid on January 8, 2025, to stockholders of record as of the close of business on December 30, 2024.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended September 30, 2024. The Company's net income available to common shareholders was $7.4 million, or $0.65 per basic share, for the quarter ended September 30, 2024, compared to $7.4 million, or $0.65 per basic share, for the quarter ended June 30, 2024 and $6.3 million, or $0.54 per basic share, for the quarter ended September 30, 2023. Return on average assets and average equity for the third quarter of 2024 were 0.96% and 9.58%, respectively, compared to 0.95% and 9.91%, respectively, for the second quarter of 2024 and 0.78% and 8.43%, respectively, for the third quarter of 2023. The increase in earnings during the third quarter of 2024 compared to the third quarter of 2023 was primarily due to an increase in net interest income of $889,000, or 3.8%, along with a reverse provision for credit losses of $500,000 during the third quarter of 2024 compared to no provision during the prior year quarter.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss third quarter 2024 financial results on Monday, October 21, 2024 at 10:00 a.m. CT. The related earnings press release will be issued Monday, October 21, 2024 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.24 per share of common stock. The dividend will be paid on October 9, 2024, to stockholders of record as of the close of business on September 30, 2024.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended June 30, 2024. The Company's net income available to common shareholders was $7.4 million, or $0.65 per basic share, for the quarter ended June 30, 2024, compared to $6.7 million, or $0.58 per basic share, for the quarter ended March 31, 2024 and $9.6 million, or $0.82 per basic share, for the quarter ended June 30, 2023. Return on average assets and average equity for the second quarter of 2024 were 0.95% and 9.91%, respectively, compared to 0.85% and 8.93%, respectively, for the first quarter of 2024 and 1.17% and 12.87%, respectively, for the second quarter of 2023. The increase in earnings during the second quarter of 2024 compared to the first quarter of 2024 was primarily due to the $1.2 million reversal of the provision for credit losses during the second quarter. The decrease in earnings in the second quarter of 2024 compared to the second quarter of 2023 was primarily due to a decrease in noninterest income in the current quarter compared to the prior year quarter.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss second quarter 2024 financial results on Monday, July 15, 2024 at 10:00 a.m. CT. The related earnings press release will be issued Monday, July 15, 2024 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.24 per share of common stock. The dividend will be paid on July 10, 2024, to stockholders of record as of the close of business on June 24, 2024.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the “Company”), the parent company of Guaranty Bank & Trust, N.A. (the “Bank”), today reported financial results for the fiscal quarter ended March 31, 2024. The Company’s net income available to common shareholders was $6.7 million, or $0.58 per basic share, for the quarter ended March 31, 2024, compared to $5.9 million, or $0.51 per basic share, for the quarter ended December 31, 2023 and $8.3 million, or $0.69 per basic share, for the quarter ended March 31, 2023. Return on average assets and average equity for the first quarter of 2024 were 0.85% and 8.93%, respectively, compared to 0.73% and 7.93%, respectively, for the fourth quarter of 2023 and 1.01% and 11.18%, respectively, for the first quarter of 2023. The increase in earnings during the first quarter of 2024 compared to the fourth quarter of 2023 was primarily due to higher non-interest income and lower non-interest expense. The decrease in earnings in the first quarter of 2024 compared to the first quarter of 2023 was primarily due to lower net interest income in the current quarter compared to the prior year quarter.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss first quarter 2024 financial results on Monday, April 15, 2024 at 10:00 a.m. CT. The related earnings press release will be issued Monday, April 15, 2024 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.24 per share of common stock. The dividend will be paid on April 10, 2024, to stockholders of record as of the close of business on March 25, 2024.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter and year ended December 31, 2023. The Company's net income available to common shareholders was $5.9 million, or $0.51 per basic share, for the quarter ended December 31, 2023, compared to $6.3 million, or $0.54 per basic share, for the quarter ended September 30, 2023 and $8.0 million, or $0.67 per basic share, for the quarter ended December 31, 2022. Return on average assets and average equity for the fourth quarter of 2023 were 0.73% and 7.93%, respectively, compared to 0.78% and 8.43%, respectively, for the third quarter of 2023 and 0.95% and 10.88%, respectively, for the fourth quarter of 2022. The decrease in earnings during the fourth quarter of 2023 compared to the third quarter of 2023 was primarily due to fluctuations in general operating expenses. The decrease in earnings in the fourth quarter of 2023 compared to the fourth quarter of 2022 was primarily due to lower net interest income in the current quarter, offset by a $2.8 million provision for credit losses in the prior year quarter.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss fourth quarter and year-end 2023 financial results on Tuesday, January 16, 2024 at 10:00 a.m. CT. The related earnings press release will be issued Tuesday, January 16, 2024 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.23 per share of common stock. The dividend will be paid on January 10, 2024, to stockholders of record as of the close of business on December 30, 2023.

Guaranty Bancshares, Inc., (the ‘Company,’ NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the ‘Bank’), announced that Clifton A. ‘Cappy’ Payne, Senior Executive Vice President and Chief Financial Officer of the Company plans to retire March 31, 2024, after 40 years with the Company and 35 years as the principal accounting officer. Cappy will step down as CFO effective December 29, 2023 and Shalene Jacobson will become the Company’s next CFO. Shalene joined the Bank in 2016 and currently serves as Executive Vice President and Chief Financial Officer of the Bank. She will retain that title after her appointment as CFO of the Company.

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended September 30, 2023. The Company's net income available to common shareholders was $6.3 million, or $0.54 per basic share, for the quarter ended September 30, 2023, compared to $9.6 million, or $0.82 per basic share, for the quarter ended June 30, 2023 and $10.9 million, or $0.92 per basic share, for the quarter ended September 30, 2022. Return on average assets and average equity for the third quarter of 2023 were 0.78% and 8.43%, respectively, compared to 1.17% and 12.87%, respectively, for the second quarter of 2023 and 1.30% and 14.87%, respectively, for the third quarter of 2022. The decrease in earnings during the third quarter of 2023, compared to the second quarter of 2023 was primarily due to a one-time gain on the sale of nonmarketable correspondent bank stock of $2.8 million during the second quarter. Without this one-time gain, net of tax, earnings for the second quarter were $7.4 million1, or $0.63 earnings per basic common share.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss third quarter 2023 financial results on Monday, October 16, 2023 at 10:00 a.m. CT. The related earnings press release will be issued Monday, October 16, 2023 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.23 per share of common stock. The dividend will be paid on October 11, 2023, to stockholders of record as of the close of business on September 25, 2023. Ty Abston, Chairman and Chief Executive Officer stated, ”We continue to build on our history of paying a steady and increasing cash dividend to deploy available capital to our shareholders. This current dividend annualizes to approximately a 3.22% yield based on the current price of our stock.”

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended June 30, 2023. The Company's net income available to common shareholders was $9.6 million, or $0.82 per basic share, for the quarter ended June 30, 2023, compared to $8.3 million, or $0.69 per basic share, for the quarter ended March 31, 2023 and $10.8 million, or $0.90 per basic share, for the quarter ended June 30, 2022. Return on average assets and average equity for the second quarter of 2023 were 1.17% and 12.87%, respectively, compared to 1.01% and 11.18%, respectively, for the first quarter of 2023 and 1.35% and 14.85%, respectively, for the second quarter of 2022. The increase in earnings during the second quarter of 2023, compared to the first quarter of 2023 was primarily due to a one-time gain on the sale of nonmarketable correspondent bank stock of $2.8 million. Without this one-time gain, net of tax, earnings for the quarter were $7.3 million1, or $0.63 earnings per basic common share.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss second quarter 2023 financial results on Monday, July 17, 2023 at 10:00 a.m. CT. The related earnings press release will be issued Monday, July 17, 2023 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend today in the amount of $0.23 per share of common stock. The dividend will be paid on July 12, 2023, to stockholders of record as of the close of business on July 1, 2023. Ty Abston, Chairman and Chief Executive Officer stated, “For the last 33 years Guaranty has paid an increasing dividend, and based on the current market price equates to approximately a 3.35% yield. We are proud of the long-standing track record of a steady and growing cash dividend.”

Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended March 31, 2023. The Company's net income available to common shareholders was $8.3 million, or $0.69 per basic share, for the quarter ended March 31, 2023, compared to $8.0 million, or $0.67 per basic share, for the quarter ended December 31, 2022 and $10.7 million, or $0.89 per basic share, for the quarter ended March 31, 2022. Return on average assets and average equity for the first quarter of 2023 were 1.01% and 11.18%, respectively, compared to 0.95% and 10.88%, respectively, for the fourth quarter of 2022 and 1.38% and 14.44%, respectively, for the first quarter of 2022. The increase in earnings during the first quarter of 2023, compared to the fourth quarter of 2022 was primarily due to a provision for credit losses of $2.8 million in the fourth quarter of 2022 and no provision in the first quarter of 2023. Noninterest expense was also $930,000 less in the current quarter than in the prior quarter. The decrease in net earnings compared to the first quarter of 2022 resulted from a reverse provision of $1.3 million, higher noninterest income of $1.6 million and lower noninterest expense of $888,000 in the prior year quarter. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income are described further in a table below.

Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss first quarter 2023 financial results on Monday, April 17, 2023 at 10:00 a.m. CT. The related earnings press release will be issued Monday, April 17, 2023 at 6:00 a.m. CT.

The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend on March 8, 2023, in the amount of $0.23 per share of common stock. The approved cash dividend represents a 4.5% increase from the $0.22 per share quarterly cash dividend paid during 2022 and will be paid on April 12, 2023, to stockholders of record as of the close of business on March 27, 2023.

Guaranty Bancshares, Inc. (NASDAQ: GNTY; the “Company”), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it is transferring the listing of its voting common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq) and will continue to be traded under the ticker symbol ‘GNTY’. Guaranty Bancshares voting common stock is expected to begin trading on the NYSE on Tuesday, March 7, 2023. The Company expects its voting common stock to continue to trade on Nasdaq until the close of market on March 6, 2023.

Guaranty Bancshares, Inc.(NASDAQ:GNTY), the parent company of Guaranty Bank & Trust announced a $1 million equity investment in the Austin Housing Conservancy Fund (AHC) to support workforce affordable rental housing in Central Texas.

Guaranty Bancshares, Inc. (NASDAQ: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter and year ended December 31, 2022. The Company's net income available to common shareholders was $8.0 million, or $0.67 per basic share, for the quarter ended December 31, 2022, compared to $10.9 million, or $0.92 per basic share, for the quarter ended September 30, 2022 and $9.2 million, or $0.76 per basic share, for the quarter ended December 31, 2021. Return on average assets and average equity for the fourth quarter of 2022 were 0.95% and 10.88%, respectively, compared to 1.30% and 14.87%, respectively, for the third quarter of 2022 and 1.20% and 12.06%, respectively, for the fourth quarter of 2021. The decrease in earnings during the fourth quarter of 2022, compared to the third quarter of 2022 and the fourth quarter of 2021, was primarily due to a provision for credit losses of $2.8 million, compared to $600,000 during the third quarter of 2022 and no provision during the prior year quarter. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans in prior periods, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss fourth quarter and year-end 2022 financial results on Tuesday, January 17, 2023 at 10:00 am CST. The related earnings press release will be issued Tuesday, January 17, 2023 at 6:00 am CST.

The Board of Directors of Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend on December 21, 2022, in the amount of $0.22 per share of common stock. The cash dividend will be paid on January 11, 2023, to stockholders of record as of the close of business on December 31, 2022.

Guaranty Bancshares, Inc., (NASDAQ: GNTY) (“Company”), the parent company of Guaranty Bank & Trust, N.A., today announced the appointment of Sondra Cunningham to the Board of Directors of the Company.

Guaranty Bancshares, Inc. (NASDAQ: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended September 30, 2022. The Company's net income available to common shareholders was $10.9 million, or $0.92 per basic share, for the quarter ended September 30, 2022, compared to $10.8 million, or $0.90 per basic share, for the quarter ended June 30, 2022 and $9.3 million, or $0.77 per basic share, for the quarter ended September 30, 2021. Return on average assets and average equity for the third quarter of 2022 were 1.30% and 14.87%, respectively, compared to 1.35% and 14.85%, respectively, for the second quarter of 2022 and 1.24% and 12.44%, respectively, for the third quarter of 2021. The increase in earnings during the third quarter of 2022, compared to the second quarter of 2022, was primarily due to higher interest income during the period, and was partially offset by a provision for credit losses, lower non-interest income and higher non-interest expense. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss third quarter 2022 financial results on Monday, October 17, 2022 at 10:00 am CDT. The related earnings press release will be issued Monday, October 17, 2022 at 6:00 am CDT.

The Board of Directors of Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend on September 21, 2022, in the amount of $0.22 per share of common stock. The cash dividend will be paid on October 12, 2022, to stockholders of record as of the close of business on October 1, 2022.

Guaranty Bancshares, Inc., (NASDAQ: GNTY) (“Company”), the parent company of Guaranty Bank & Trust, N.A. (“Bank”), today announced the appointment of Eddie Priefert to the Board of Directors of the Bank.

Guaranty Bancshares, Inc. (NASDAQ: GNTY; the “Company”), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that William D. (Bill) Priefert retired from the board of directors of Guaranty Bancshares, Inc. and from the board of Guaranty Bank & Trust effective July 20, 2022. Mr. Priefert has served as a director of the Company for 20 years and as a director of the Bank for 39 years. During this time, he served on numerous Company and Bank committees including the Executive and KSOP Committees. There were no disagreements with management or the Company but Mr. Priefert felt it was the right time to step down.

Guaranty Bancshares, Inc. (NASDAQ: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended June 30, 2022. The Company's net income available to common shareholders was $10.8 million, or $0.90 per basic share, for the quarter ended June 30, 2022, compared to $10.7 million, or $0.89 per basic share, for the quarter ended March 31, 2022 and $10.4 million, or $0.87 per basic share, for the quarter ended June 30, 2021. Return on average assets and average equity for the second quarter of 2022 were 1.35% and 14.85%, respectively, compared to 1.38% and 14.44%, respectively, for the first quarter of 2022 and 1.42% and 14.64%, respectively, for the second quarter of 2021. The modest increase in earnings during the second quarter of 2022, compared to the first quarter of 2022, was primarily due to improved net interest margin, but offset by lower non-interest income and higher non-interest expense. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it will hold a conference call to discuss second quarter 2022 financial results on Monday, July 18, 2022 at 10:00 am CDT. The related earnings press release will be issued Monday, July 18, 2022 at 6:00 am CDT.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (“Bank”), announced the promotion of Shalene Jacobson to Executive Vice President and Chief Financial Officer of Guaranty Bank & Trust, replacing Cappy Payne. Cappy will remain as Senior Executive Vice President and Chief Financial Officer for Guaranty Bancshares.

The Board of Directors of Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend on June 15, 2022, in the amount of $0.22 per share of common stock. The cash dividend and will be paid on July 13, 2022, to stockholders of record as of the close of business on June 27, 2022.

On April 20, 2022, the Board of Directors of Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., approved a new Stock Repurchase Plan, which authorizes Guaranty to repurchase up to 1,000,000 shares of Guaranty’s outstanding common stock from time to time, subject to certain conditions. The stock repurchase program will be effective from April 21, 2022 until the earlier of April 21, 2024 or the date all shares authorized for repurchase under the program have been repurchased, unless shortened or extended by the board of directors. The stock repurchase program does not obligate Guaranty to repurchase any specific number of shares of its common stock.

Guaranty Bancshares, Inc. (NASDAQ: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended March 31, 2022. The Company's net income available to common shareholders was $10.7 million, or $0.89 per basic share, for the quarter ended March 31, 2022, compared to $9.2 million, or $0.76 per basic share, for the quarter ended December 31, 2021 and $11.0 million, or $0.91 per basic share, for the quarter ended March 31, 2021. Return on average assets and average equity for the first quarter of 2022 were 1.38% and 14.45%, respectively, compared to 1.20% and 12.06%, respectively, for the fourth quarter of 2021 and 1.60% and 16.01%, respectively, for the first quarter of 2021. The increase in earnings during the first quarter of 2022, compared to the fourth quarter of 2021, was primarily due to a reverse provision for credit losses of $1.25 million during the first quarter of 2022, in response to the Bank's continued analysis into the effects of COVID-19 on the loan portfolio. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., announced today that it will hold a conference call to discuss first quarter 2022 financial results on Monday, April 18, 2022 at 10:00 am CDT. The related earnings press release will be issued Monday, April 18, 2022 at 6:00 am CDT.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter and year ended December 31, 2021. The Company's net income available to common shareholders was $9.2 million, or $0.76 per basic share, for the quarter ended December 31, 2021, compared to $9.3 million, or $0.77 per basic share, for the quarter ended September 30, 2021 and $9.9 million, or $0.82 per basic share, for the quarter ended December 31, 2020. Return on average assets and average equity for the fourth quarter of 2021 were 1.20% and 12.06%, respectively, compared to 1.24% and 12.44%, respectively, for the third quarter of 2021 and 1.48% and 14.53%, respectively, for the fourth quarter of 2020. The decrease in earnings during the fourth quarter of 2021, compared to the third quarter of 2021, was primarily due to a reverse provision for credit losses of $700,000 recorded in the third quarter of 2021, while no provision reversal was recorded in the fourth quarter of 2021, as well as a decline in non-interest income during the fourth quarter of $411,000, which were offset by a lower tax provision of $256,000. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP net income, as well as our core net interest margin, adjusted to exclude the effects of PPP loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., announced today that it will hold a conference call to discuss fourth quarter and year-end 2021 financial results on Tuesday, January 18, 2022 at 10:00 am CST. The related earnings press release will be issued Tuesday, January 18, 2022 at 6:00 am CST.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., yesterday announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.20 per share of common stock. The dividend will be paid on January 12, 2022 to stockholders of record as of the close of business on December 27, 2021.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended September 30, 2021. The Company's net income available to common shareholders was $9.3 million, or $0.77 per basic share, for the quarter ended September 30, 2021, compared to $10.4 million, or $0.87 per basic share, for the quarter ended June 30, 2021 and $10.1 million, or $0.84 per basic share, for the quarter ended September 30, 2020. Return on average assets and average equity for the third quarter of 2021 were 1.24% and 12.44%, respectively, compared to 1.42% and 14.64%, respectively, for the second quarter of 2021 and 1.53% and 15.21%, respectively, for the third quarter of 2020. The decrease in earnings during the third quarter of 2021, compared to the second quarter of 2021, was primarily due to lower origination fee income during the quarter for the Paycheck Protection Program - round one (“PPP1”) and round two (“PPP2”) loans and higher noninterest expense, which was partially offset by a reverse provision for credit losses of $700,000. Our net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., announced today that it will hold a conference call to discuss third quarter 2021 financial results on Monday, October 18, 2021 at 10:00 am CDT. The related earnings press release will be issued Monday, October 18, 2021 at 6:00 am CDT.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., yesterday announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.20 per share of common stock. The dividend will be paid on October 13, 2021 to stockholders of record as of the close of business on September 27, 2021.

Guaranty Bancshares, Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today announced that it is an investor in JAM FINTOP Banktech, L.P., an investment fund designed to help develop and accelerate technology adoption at community banks across the United States. Uniquely, all 66 of the fund’s limited partners, of which Guaranty is one, are community banks. The fund was created through a partnership with JAM Special Opportunity Venture (JSOV), an affiliate of Jacobs Asset Management (JAM), and FINTOP Capital.

ueaGuaranty Bancshares, Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today announced that its bank subsidiary has formed a partnership with Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, in an effort to drive investments that will revitalize communities across Texas through real estate developments.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today reported financial results for the fiscal quarter ended June 30, 2021. The Company's net income available to common shareholders was $10.4 million, or $0.87 per basic share, for the quarter ended June 30, 2021, compared to $11.0 million, or $0.91 per basic share, for the quarter ended March 31, 2021 and $1.1 million, or $0.09 per basic share, for the quarter ended June 30, 2020. Return on average assets and average equity for the second quarter of 2021 were 1.42% and 14.64%, respectively, compared to 1.60% and 16.01%, respectively, for the first quarter of 2021 and 0.16% and 1.67%, respectively, for the second quarter of 2020. The decrease in earnings during the second quarter of 2021, compared to the first quarter of 2021, was primarily due to lower origination fee income recognized during the quarter for the Paycheck Protection Program - round one (“PPP1”) and round two (“PPP2”) loans, which was partially offset by a reverse provision for credit losses of $1.0 million. Our core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net origination income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., announced today that it will hold a conference call to discuss second quarter 2021 financial results on Monday, July 19, 2021 at 10:00 am CDT. The related earnings press release will be issued Monday, July 19, 2021 at 6:00 am CDT.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., yesterday announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.20 per share of common stock. The dividend will be paid on July 14, 2021 to stockholders of record as of the close of business on June 28, 2021.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., yesterday announced that Joel Johnson has been hired and appointed as the company’s Chief Digital Officer. Johnson will be responsible for continuing the growth of Guaranty’s digital product offerings with a focus on creating a streamlined user experience for the company’s digital and mobile banking customers while growing the company’s digital asset products.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today reported financial results for the fiscal quarter ended March 31, 2021. The Company's net income available to common shareholders was $11.0 million, or $0.95 per basic share, for the quarter ended March 31, 2021, compared to $9.9 million, or $0.90 per basic share, for the quarter ended December 31, 2020 and $6.3 million, or $0.55 per basic share, for the quarter ended March 31, 2020. Return on average assets and average equity for the first quarter of 2021 were 1.60% and 16.01%, respectively, compared to 1.48% and 14.53%, respectively, for the fourth quarter of 2020 and 1.09% and 9.94%, respectively, for the first quarter of 2020. The increase in earnings during the first quarter of 2021, compared to the fourth quarter of 2020, was partly due to the forgiveness and amortization of Paycheck Protection Program - round one (“PPP1”) loans and recognition of associated loan origination fees for both PPP1 and round two (“PPP2”) loans, decreases in interest expense relative to interest income, decreases in non-interest expense resulting from PPP origination costs and lower legal and professional expenses. Net core earnings†, excluding provisions for credit losses, income taxes and PPP1/PPP2 net origination income, as well as our core net interest margin, adjusted to exclude the effects of PPP1/PPP2 loans, are described further in tables below.

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., announced today that it will hold a conference call to discuss first quarter 2021 financial results on Monday, April 19, 2021 at 10:00 am CST. The related earnings press release will be issued Monday, April 19, 2021 at 7:00 am CST.