---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-044265"
form_type: "8-K"
ticker: null
cik: "0001058867"
company_name: "GUARANTY BANCSHARES INC /TX/"
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T22:44:16.775605+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Guaranty Bancshares Q1 net income $6.7M ($0.58/sh), dividend raised to $0.24; NIM improves to 3.16%

## Summary
- Net income available to common $6.7M, $0.58 basic vs $0.51 Q4 2023 and $0.69 Q1 2023.
- Net interest margin (FTE) improved to 3.16% from 3.11% Q4 2023; loan yield rose to 6.21% from 6.06%.
- Noninterest income boosted by $499K SBA loan recoveries; total noninterest income $5.3M vs $4.9M Q1 2023.
- Nonperforming assets rose to 0.68% of assets from 0.18% Q4 2023, mainly due to $14.9M OREO foreclosure in South Austin.
- Board increased quarterly dividend to $0.24/share from $0.23; paid down $25M brokered CDs and FHLB borrowings.

## SEC filing metadata
- accession: 0000950170-24-044265
- form_type: 8-K
- cik: 0001058867
- company_name: GUARANTY BANCSHARES INC /TX/
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058867/000095017024044265/0000950170-24-044265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058867/000095017024044265/gnty-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-044265
- JSON: https://secwatch.observer/filing/0000950170-24-044265.json
- Plain text: https://secwatch.observer/filing/0000950170-24-044265.txt

## Key facts
- Earnings Releases
  GUARANTY BANCSHARES INC /TX/ reported the fiscal quarter ended March 31, 2024 results: net income $6.7 million, or $0.58 per basic share, EPS $0.58 per basic share.
  - Period: the fiscal quarter ended March 31, 2024
  - Net income: $6.7 million, or $0.58 per basic share
  - EPS: $0.58 per basic share
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058867/000095017024044265/0000950170-24-044265-index.htm

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