secwatch.observer — SEC 8-K summary
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Issuer:     GUARANTY BANCSHARES INC /TX/ (—)
CIK:        0001058867
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0000950170-23-011410
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guaranty Bancshares extends $25M line of credit with Frost Bank through March 2024
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- Renewal of $25M unsecured line of credit from Frost Bank, maturing March 31, 2024.
- Interest at Wall Street Journal prime rate, minimum 3.50%, floating daily, payable quarterly.
- No outstanding draws on line as of March 31, 2023.
- Company agreed not to pledge stock of Guaranty Bank & Trust or assets without Frost consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058867/000095017023011410/0000950170-23-011410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058867/000095017023011410/gnty-20230331.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-011410

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