Guaranty Bancshares, Inc. (NYSE:GNTY) Q2 2022 Earnings Conference Call July 18, 2022 11:00 AM ET Company Participants Ty Abston - Chairman & Chief Executive Officer Cappy Payne - Senior Executive Vice President & Chief Financial Officer Shalene Jacobson - Executive Vice President & Chief Financial Officer of the Bank Conference Call Participants Matt Olney - Stephens Brady Gailey - KBW Brad Milsaps - Piper Sandler Michael Rose - Raymond James Operator Good morning, and welcome to the Guaranty Bancshares' Se ...

For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-38087 GUARANTY BANCSHARES, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SE ...

Guaranty Bancshares, Inc. (NYSE:GNTY) Q1 2022 Earnings Conference Call April 18, 2022 11:00 AM ET Company Participants Ty Abston - Chairman and CEO Cappy Payne - Senior Executive Vice President and CFO Shalene Jacobson - Executive Vice President and Chief Risk Officer Conference Call Participants Brady Gailey - KBW Michael Rose - Raymond James Matt Olney - Stephens Brad Milsaps - Piper Sandler Operator Good morning. Welcome to the Guaranty Bancshares' First Quarter 2022 Earnings Call. My name is Nona Branch ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-38087 | | | (Exact name of registrant as specified in its charter) Texas 75-1656431 (State or other jurisdiction of incorpo ...

Guaranty Bancshares, Inc. (NYSE:GNTY) Q4 2021 Results Conference Call January 18, 2022 11:00 AM ET Company Participants Ty Abston - Chairman and CEO Cappy Payne - Senior Executive Vice President and CFO Shalene Jacobson - Executive Vice President and Chief Risk Officer Conference Call Participants Michael Rose - Raymond James Brad Milsaps - Piper Sandler Brady Gailey - KBW Matt Olney - Stephens Operator Good morning, and welcome to the Guaranty Bancshares' Fourth Quarter 2021 Earnings Call. My name is Nona ...

Financial Performance - Net core earnings for the third quarter were $9.7 million, compared to $9.8 million in the second quarter of 2021 and $11.1 million in the third quarter of 2020[194]. - Net earnings for the nine months ended September 30, 2021, were $30.6 million, compared to $17.5 million for the same period in 2020, representing a 75.5% increase[225]. - Net earnings for the three months ended September 30, 2021, were $9.3 million, compared to $10.1 million for the same period in 2020, with basic earnings per share decreasing from $0.84 to $0.77[269]. Loan and Asset Growth - Loans grew by $132.8 million, or 7.5%, during the third quarter, and by $168.6 million, or 9.8%, since December 31, 2020, excluding PPP loans[194]. - Average loans outstanding increased by $55.8 million, or 3.0%, for the nine months ended September 30, 2021, compared to the same period in 2020[232]. - Total loans amounted to $1,906,989 thousand, with an average yield of 4.88% for the nine months ended September 30, 2021[237]. - Total loans held for investment reached $1.97 billion, an increase of $104.1 million, or 5.6%, from $1.87 billion at the end of 2020[304]. Credit Quality and Allowance for Credit Losses - Non-performing assets as a percentage of total assets were 0.11% at September 30, 2021, down from 0.53% at September 30, 2020[194]. - The provision for credit losses was $1.7 million for the nine months ended September 30, 2021, compared to $13.2 million for the same period in 2020[229]. - The total allowance for credit losses was adjusted from 55 basis points to 14.75 basis points across the loan portfolio during the first three quarters of 2021[246]. - The total allowance for credit losses (ACL) was $30.6 million, representing 1.55% of total loans, down from $33.6 million or 1.80% as of December 31, 2020[327]. Interest Income and Margin - Net interest income before the reverse provision for credit losses increased by $5.5 million, or 8.3%, to $71.5 million for the nine months ended September 30, 2021[232]. - The net interest margin on a taxable equivalent basis was 3.56% for the nine months ended September 30, 2021, down from 3.75% for the same period in 2020[234]. - The net interest margin for the three months ended September 30, 2021, was 3.40%, down from 3.61% in the same period of 2020[275]. Deposits and Funding - The average deposit balance increased by $126.4 million, or 8.6%, over the same period in 2020, despite a decrease in the cost of interest-bearing deposits by 52 basis points[233]. - Total deposits increased to $2.56 billion as of September 30, 2021, an increase of $276.7 million, or 12.1%, compared to $2.29 billion as of December 31, 2020[346]. - Noninterest-bearing demand accounts increased by $195.8 million, or 28.11%, from $696.5 million as of December 31, 2020 to $892.3 million as of September 30, 2021[347]. Noninterest Income and Expenses - Noninterest income rose by $1,927 thousand, or 11.6%, totaling $18,538 thousand for the nine months ended September 30, 2021, compared to $16,611 thousand in 2020[248]. - Noninterest expense totaled $54.3 million for the nine months ended September 30, 2021, an increase of 12.3% from $48.3 million in the same period of 2020[257]. - Employee compensation and benefits rose to $31.1 million for the nine months ended September 30, 2021, reflecting a 15.4% increase from $27.0 million in the prior year[258]. Tax and Regulatory Capital - The effective tax rate increased to 18.22% for the nine months ended September 30, 2021, compared to 17.09% for the same period in 2020, with income tax expense rising to $6.8 million from $3.6 million[267]. - As of September 30, 2021, Guaranty Bancshares, Inc. reported total capital to risk-weighted assets ratio of 14.13%, up from 13.20% as of December 31, 2020[368]. - The company was classified as "well capitalized" under prompt corrective action regulations as of September 30, 2021[367]. Economic Impact and Future Outlook - The impact of COVID-19 continues to create uncertainties regarding future economic conditions and credit quality[191]. - The company expects to manage interest rate risk effectively, with a target that net income at risk should not decline by more than 15.0% for a 100 basis point shift in interest rates[383]. - A simulated increase of 300 basis points in interest rates could lead to a 6.69% increase in net interest income as of September 30, 2021[384].

Guaranty Bancshares, Inc. (NYSE:GNTY) Q3 2021 Earnings Conference Call October 18, 2021 11:00 AM ET Company Participants Ty Abston - Chairman and CEO Cappy Payne - Senior Executive Vice President and CFO Shalene Jacobson - Executive Vice President and Chief Risk Officer Conference Call Participants Brad Milsaps - Piper Sandler Michael Rose - Raymond James Brady Gailey - Keefe, Bruyette & Woods Matt Olney - Stephens, Inc. Disclaimer*: This transcript is designed to be used alongside the freely available audi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR (888) 572 - 9881 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File N ...

Guaranty Bancshares, Inc. (NYSE:GNTY) Q2 2021 Earnings Conference Call July 19, 2021 11:00 AM ET Company Participants Ty Abston - Chairman and CEO Cappy Payne - SEVP and CFO Shalene Jacobson - EVP and CRO Conference Call Participants Michael Rose - Raymond James Matt Olney - Stephens, Inc. Brady Gailey - Keefe, Bruyette & Woods Brad Milsaps - Piper Sandler Operator Good morning. Welcome to the Guaranty Bancshares’ Second Quarter 2021 Earnings Call. My name is Nona Branch, and I will be your operator for tod ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Registrant's telephone number, including area code) For the transition period from to . Commission File Number: 001-38087 GUARANTY BANCSHARES, INC. (Exact name of registrant as specified in its chart ...