---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-038960"
form_type: "8-K"
ticker: null
cik: "0001058867"
company_name: "GUARANTY BANCSHARES INC /TX/"
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:19:16.138085+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Guaranty Bancshares renews $25M revolving credit line with Frost Bank through March 2025

## Summary
- Revolving $25M line extended to March 31, 2025; no outstanding balance as of renewal.
- Interest at prime rate with 3.50% floor, floating daily, payable quarterly starting July 15, 2024.
- Unsecured; Guaranty agrees not to pledge Guaranty Bank & Trust N.A. stock without Frost's consent.
- Proceeds for general corporate purposes, including acquisition financing and capital augmentation.
- New Loan Agreement supersedes the prior 2017 agreement between the parties.

## SEC filing metadata
- accession: 0000950170-24-038960
- form_type: 8-K
- cik: 0001058867
- company_name: GUARANTY BANCSHARES INC /TX/
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058867/000095017024038960/0000950170-24-038960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058867/000095017024038960/gnty-20240331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-038960
- JSON: https://secwatch.observer/filing/0000950170-24-038960.json
- Plain text: https://secwatch.observer/filing/0000950170-24-038960.txt

## Key facts
- Debt Financings
  GUARANTY BANCSHARES INC /TX/ incurred revolving credit of $25,000,000 with Frost Bank at prime rate published in the Wall Street Journal; provided, however, in no event maturing March 31, 2025.
  - Instrument: revolving credit
  - Principal: $25,000,000
  - Counterparty: Frost Bank
  - Rate: prime rate published in the Wall Street Journal; provided, however, in no event
  - Maturity: March 31, 2025
  - Event: incurrence
  source text: On March 31, 2024, Guaranty Bancshares, Inc., (“Guaranty”) and Frost Bank extended Guaranty’s right to request and receive monies from Frost Bank on Guaranty’s existing line of credit until March 31, 2025. On that date, Guaranty executed and delivered to Frost Bank a Revolving Promissory Note in the principal amount of $25,000,000 (the “Note”), and Guaranty and Frost Bank entered into a new Loan Agreement (the "Loan Agreement"), which superseded the loan agreement between Guaranty and Frost Bank previously entered into on March 31, 2017.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058867/000095017024038960/0000950170-24-038960-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.