Guaranty Bancshares, Inc(NYSE:GNTY) 
Guaranty Bancshares, Inc. operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. The company offers various deposit products, such as c...
Website: http://www.gnty.com
Founded: 1913
Full Time Employees: 467
Sector: Financial Services
Industry: Banks-Regional
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|
interest income | |||||||
loans, including fees | 33,782,000 | 33,316,000 | 34,319,000 | 34,615,000 | 35,491,000 | ||
securities | |||||||
taxable | 4,656,000 | 4,636,000 | 4,365,000 | 3,645,000 | 3,219,000 | ||
nontaxable | 1,063,000 | 996,000 | 1,038,000 | 1,081,000 | 1,165,000 | ||
nonmarketable equity securities | 93,000 | 117,000 | 135,000 | 194,000 | 248,000 | ||
federal funds sold and interest-bearing deposits | 1,557,000 | 1,218,000 | 1,405,000 | 898,000 | 629,000 | ||
total interest income | 41,151,000 | 40,283,000 | 41,262,000 | 40,433,000 | 40,752,000 | ||
interest expense | |||||||
deposits | 12,762,000 | 12,877,000 | 14,301,000 | 15,243,000 | 14,459,000 | ||
fhlb advances and federal funds purchased | 85,000 | 286,000 | 1,920,000 | ||||
subordinated debt | 467,000 | 442,000 | 513,000 | 506,000 | 517,000 | ||
other borrowed money | 258,000 | 238,000 | 142,000 | 207,000 | 269,000 | ||
total interest expense | 13,487,000 | 13,557,000 | 15,041,000 | 16,242,000 | 17,165,000 | ||
net interest income | 27,664,000 | 26,726,000 | 26,221,000 | 24,191,000 | 23,587,000 | ||
reversal of provision for credit losses | -487,500 | -500,000 | -250,000 | ||||
net interest income after reversal of provision for credit losses | 27,664,000 | 18,402,000 | 24,691,000 | 23,837,000 | |||
noninterest income | |||||||
service charges | 1,073,000 | 1,086,000 | 1,142,000 | 1,165,000 | 1,069,000 | ||
net realized gain on sale of loans | 339,000 | 140,000 | 240,000 | 252,000 | 272,000 | ||
merchant and debit card fees | 1,861,000 | 2,127,000 | 1,775,000 | 1,817,000 | 1,706,000 | ||
other income | 2,287,000 | 1,680,000 | 2,569,000 | 1,920,000 | 2,211,000 | ||
total noninterest income | 5,560,000 | 5,033,000 | 5,726,000 | 5,154,000 | 5,258,000 | ||
noninterest expense | |||||||
employee compensation and benefits | 11,788,000 | 12,240,000 | 11,048,000 | 11,586,000 | 12,437,000 | ||
occupancy expenses | 3,093,000 | 3,173,000 | 3,123,000 | 3,026,000 | 2,747,000 | ||
other expenses | 5,825,000 | 4,382,250 | 6,066,000 | 5,508,000 | |||
total noninterest expense | 20,706,000 | 21,209,000 | 19,880,000 | 20,678,000 | 20,692,000 | ||
income before income taxes | 12,518,000 | 10,850,000 | 12,317,000 | 9,167,000 | 8,403,000 | ||
income tax provision | 2,535,000 | 2,227,000 | 2,309,000 | 1,788,000 | 1,722,000 | ||
net earnings | 9,983,000 | 8,623,000 | 10,008,000 | 7,379,000 | 6,681,000 | ||
yoy | 49.42% | ||||||
qoq | 15.77% | -13.84% | 35.63% | 10.45% | |||
net loss attributable to noncontrolling interest | 19,000 | 9,250 | 18,000 | 7,000 | |||
net earnings attributable to guaranty bancshares, inc. | 10,002,000 | 8,640,000 | 10,017,000 | 7,397,000 | 6,688,000 | ||
basic earnings per share | 0.88 | 0.76 | 0.87 | 0.65 | 0.58 | ||
diluted earnings per share | 0.87 | 0.75 | 0.87 | 0.65 | 0.58 | ||
reversal of benefit from credit losses | -300,000 | ||||||
net interest income after reversal of benefit from credit losses | 27,026,000 | ||||||
other incomes | 5,796,000 | ||||||
net income attributable to noncontrolling interest | 17,000 | ||||||
net realized loss on sales of securities available for sale | |||||||
net realized gain on sales of securities available for sale |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2020-03-31 | 2019-06-30 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-03-31 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||
cash and due from banks | 40,302,000 | 47,417,000 | 50,623,000 | 43,872,000 | 40,354,000 | 34,823,000 | 44,471,000 | 38,483,000 | 37,944,000 | 33,021,000 | 40,482,000 | 32,576,000 | 16,187,000 | 16,055,000 | |||
federal funds sold | 149,200,000 | 94,750,000 | 108,350,000 | 24,300,000 | 81,250,000 | 46,450,000 | 20,275,000 | 10,700,000 | 56,850,000 | 43,875,000 | 26,175,000 | 83,175,000 | 510,000 | 5,395,000 | 1,365,000 | 4,615,000 | |
interest-bearing deposits | 3,664,000 | 3,797,000 | 3,973,000 | 4,921,000 | 25,324,000 | 11,162,000 | 6,764,000 | 4,868,000 | 4,186,000 | 9,715,000 | 24,771,000 | 28,006,000 | 212,000 | 206,000 | 212,000 | 207,000 | 206,000 |
total cash and cash equivalents | 193,166,000 | 145,964,000 | 162,946,000 | 73,093,000 | 146,928,000 | 92,435,000 | 71,510,000 | 54,051,000 | 98,980,000 | 86,611,000 | 91,428,000 | 143,757,000 | 16,909,000 | 21,656,000 | 15,972,000 | 17,153,000 | 22,090,000 |
securities available for sale | 367,929,000 | 340,304,000 | 277,567,000 | 228,787,000 | 377,062,000 | 228,714,000 | 232,975,000 | 232,378,000 | 243,490,000 | 235,075,000 | 232,372,000 | 214,463,000 | 119,645,000 | 111,842,000 | 98,704,000 | 97,542,000 | |
securities held to maturity | 280,835,000 | 334,732,000 | 341,911,000 | 363,963,000 | 158,915,000 | 163,164,000 | 164,839,000 | 167,239,000 | 170,408,000 | 174,684,000 | 185,837,000 | ||||||
loans held for sale | 705,000 | 143,000 | 770,000 | 874,000 | 4,024,000 | 4,052,000 | 1,795,000 | 826,000 | 1,731,000 | 1,477,000 | 1,896,000 | 1,446,000 | 1,524,000 | 2,666,000 | 1,266,000 | 1,897,000 | 1,263,000 |
loans, net of allowance for credit losses of 27,586 and 28,290, respectively | 2,112,851,000 | ||||||||||||||||
accrued interest receivable | 11,559,000 | 12,016,000 | 10,927,000 | 11,747,000 | 8,148,000 | 9,098,000 | 9,292,000 | 7,760,000 | 8,667,000 | 6,719,000 | 8,174,000 | 6,304,000 | 3,163,000 | 2,849,000 | 2,640,000 | 2,676,000 | 2,581,000 |
premises and equipment | 54,132,000 | 56,010,000 | 56,964,000 | 56,921,000 | 54,496,000 | 52,606,000 | 52,227,000 | 52,660,000 | 53,396,000 | 45,095,000 | 43,818,000 | 44,823,000 | 14,183,000 | 13,501,000 | 13,583,000 | 13,411,000 | 13,140,000 |
other real estate owned | 1,184,000 | 15,184,000 | 14,900,000 | 605,000 | 535,000 | 751,000 | 1,783,000 | 1,926,000 | 2,076,000 | 2,244,000 | 1,637,000 | ||||||
cash surrender value of life insurance | 43,395,000 | 42,883,000 | 42,623,000 | 42,119,000 | 34,713,000 | 34,039,000 | 26,301,000 | 25,747,000 | 25,590,000 | 19,468,000 | 19,117,000 | 17,922,000 | 5,345,000 | 5,304,000 | |||
core deposit intangible | 819,000 | 994,000 | 1,100,000 | 1,312,000 | 3,639,000 | 4,279,000 | 4,706,000 | 4,919,000 | 5,133,000 | 2,578,000 | 2,724,000 | 3,162,000 | |||||
goodwill | 32,160,000 | 32,160,000 | 32,160,000 | 32,160,000 | 32,160,000 | 32,160,000 | 32,160,000 | 32,160,000 | 32,019,000 | 18,742,000 | 18,742,000 | 18,742,000 | 2,338,000 | 2,338,000 | 2,338,000 | 2,338,000 | 2,338,000 |
other assets | 46,604,000 | 46,599,000 | 47,356,000 | 67,550,000 | 32,348,000 | 35,039,000 | 23,436,000 | 24,071,000 | 23,126,000 | 17,369,000 | 17,103,000 | 17,465,000 | 4,044,000 | 3,528,000 | 8,349,000 | 8,708,000 | 9,885,000 |
total assets | 3,144,155,000 | 3,115,554,000 | 3,097,105,000 | 3,127,438,000 | 2,390,984,000 | 2,332,627,000 | 2,266,970,000 | 2,242,580,000 | 2,244,640,000 | 1,997,885,000 | 1,962,624,000 | 1,901,199,000 | 564,295,000 | 552,512,000 | 531,635,000 | 519,749,000 | 518,997,000 |
liabilities and equity | |||||||||||||||||
liabilities | |||||||||||||||||
deposits | |||||||||||||||||
noninterest-bearing | 855,455,000 | 837,432,000 | 839,567,000 | 828,861,000 | 528,817,000 | 498,349,000 | 489,789,000 | 479,405,000 | 464,236,000 | 421,255,000 | 410,009,000 | 370,810,000 | 87,858,000 | 86,600,000 | 78,891,000 | 76,555,000 | 75,865,000 |
interest-bearing | 1,853,047,000 | 1,854,735,000 | 1,829,347,000 | 1,798,983,000 | 1,471,609,000 | 1,485,641,000 | 1,381,691,000 | 1,357,934,000 | 1,384,189,000 | 1,270,327,000 | 1,266,311,000 | 1,300,361,000 | 358,378,000 | 357,431,000 | 341,427,000 | 336,695,000 | 339,990,000 |
total deposits | 2,708,502,000 | 2,692,167,000 | 2,668,914,000 | 2,627,844,000 | 2,000,426,000 | 1,983,990,000 | 1,871,480,000 | 1,837,339,000 | 1,848,425,000 | 1,691,582,000 | 1,676,320,000 | 1,671,171,000 | 446,236,000 | 444,031,000 | 420,318,000 | 413,250,000 | 415,855,000 |
securities sold under agreements to repurchase | 30,309,000 | 31,075,000 | 31,164,000 | 39,058,000 | 11,843,000 | 10,814,000 | 12,228,000 | 11,107,000 | 12,588,000 | 12,395,000 | 12,879,000 | 12,663,000 | |||||
accrued interest and other liabilities | 31,552,000 | 31,320,000 | 33,849,000 | 33,807,000 | 23,645,000 | 24,265,000 | 10,733,000 | 10,187,000 | 9,515,000 | 7,575,000 | 7,117,000 | 7,595,000 | 5,032,000 | 4,169,000 | 4,875,000 | ||
subordinated debt | 41,985,000 | 41,918,000 | 43,885,000 | 45,819,000 | |||||||||||||
total liabilities | 2,812,348,000 | 2,796,480,000 | 2,777,812,000 | 2,821,528,000 | 2,137,338,000 | 2,082,506,000 | 2,022,387,000 | 2,000,583,000 | 2,004,982,000 | 1,790,511,000 | 1,755,279,000 | 1,754,833,000 | 526,941,000 | 513,969,000 | 493,321,000 | 483,218,000 | 481,368,000 |
commitments and contingencies | |||||||||||||||||
equity | |||||||||||||||||
preferred stock, 5.00 par value, 15,000,000 shares authorized, no shares issued | |||||||||||||||||
common stock | 14,401,000 | 14,343,000 | 14,321,000 | 14,248,000 | 12,908,000 | 12,886,000 | 12,835,000 | 11,921,000 | 11,921,000 | 3,252,000 | 3,252,000 | 3,252,000 | 3,252,000 | 3,252,000 | |||
additional paid-in capital | 233,305,000 | 231,684,000 | 231,026,000 | 229,187,000 | 186,916,000 | 185,918,000 | 185,174,000 | 155,718,000 | 155,601,000 | 12,881,000 | 12,864,000 | 12,801,000 | |||||
retained earnings | 190,387,000 | 177,421,000 | 170,148,000 | 160,797,000 | 98,805,000 | 87,492,000 | 80,088,000 | 69,334,000 | 66,037,000 | 27,850,000 | 27,388,000 | 26,139,000 | 25,201,000 | 24,944,000 | |||
treasury stock | -83,675,000 | -77,852,000 | -77,750,000 | -71,819,000 | -45,309,000 | -33,549,000 | -24,352,000 | -20,087,000 | -20,087,000 | -6,195,000 | -4,101,000 | -4,179,000 | -3,979,000 | -3,981,000 | |||
accumulated other comprehensive loss | -23,151,000 | -27,098,000 | -18,961,000 | -27,042,000 | -2,626,000 | -9,162,000 | -9,512,000 | -6,127,000 | |||||||||
equity attributable to guaranty bancshares, inc. | 331,267,000 | 318,498,000 | 318,784,000 | 305,371,000 | |||||||||||||
noncontrolling interest | 540,000 | 576,000 | 509,000 | 539,000 | |||||||||||||
total equity | 331,807,000 | 319,074,000 | 319,293,000 | 305,910,000 | |||||||||||||
total liabilities and equity | 3,144,155,000 | 3,115,554,000 | 3,097,105,000 | 3,127,438,000 | |||||||||||||
loans, net of allowance for credit losses of 28,290 and 30,920, respectively | 2,102,565,000 | ||||||||||||||||
line of credit | 20,000,000 | ||||||||||||||||
federal home loan bank advances | 75,000,000 | 70,614,000 | 52,127,000 | 115,136,000 | 129,140,000 | 120,644,000 | 65,149,000 | 45,153,000 | 25,165,000 | 65,363,000 | 55,459,000 | 50,328,000 | |||||
loans, net of allowance for credit losses of 28,543 and 30,920, respectively | 2,107,597,000 | ||||||||||||||||
loans, net of allowance for credit losses of 30,560 and 30,920, respectively | 2,234,012,000 | ||||||||||||||||
loans, net of allowance for credit losses of 21,948 and 16,202, respectively | 1,696,861,000 | ||||||||||||||||
liabilities and shareholders' equity | |||||||||||||||||
subordinated debentures | 10,810,000 | 11,310,000 | 12,810,000 | 12,810,000 | 13,810,000 | 13,810,000 | 13,810,000 | 19,310,000 | |||||||||
shareholders' equity | |||||||||||||||||
accumulated other comprehensive income | 326,000 | -434,000 | -860,000 | 300,000 | -744,000 | 613,000 | |||||||||||
total shareholders' equity | 253,646,000 | 250,121,000 | 207,374,000 | ||||||||||||||
total liabilities and shareholders' equity | 2,390,984,000 | 2,332,627,000 | 2,266,970,000 | 1,997,885,000 | 1,962,624,000 | ||||||||||||
loans | 1,678,705,000 | 1,645,444,000 | 1,638,149,000 | 1,580,441,000 | 1,388,913,000 | 1,347,779,000 | 1,241,215,000 | ||||||||||
deferred tax asset | 2,050,000 | 3,209,000 | 3,237,000 | 2,902,000 | 3,354,000 | 2,543,000 | 4,426,000 | ||||||||||
liabilities and shareholders’ equity | |||||||||||||||||
shareholders’ equity | |||||||||||||||||
total shareholders’ equity | 244,583,000 | 207,345,000 | 37,354,000 | 38,543,000 | 38,314,000 | 36,531,000 | 37,629,000 | ||||||||||
other debt | 18,929,000 | ||||||||||||||||
commitments and contingent liabilities | |||||||||||||||||
ksop-owned shares | 34,300,000 | ||||||||||||||||
less ksop-owned shares | |||||||||||||||||
deposits: | |||||||||||||||||
interest-bearing time deposits | 13,122,000 | 12,823,000 | 12,328,000 | 8,248,000 | 6,776,000 | ||||||||||||
loans, net of allowance for loan losses of 4,423 and 4,154 | 383,350,000 | ||||||||||||||||
other real estate | 672,000 | 617,000 | 699,000 | 911,000 | 888,000 | ||||||||||||
junior subordinated debentures | 10,310,000 | 10,310,000 | |||||||||||||||
total liabilities and shareholders’ equity | 564,295,000 | 552,512,000 | 531,635,000 | 519,749,000 | 518,997,000 | ||||||||||||
loans, net of allowance for loan losses of 4,418 and 4,154 | 375,388,000 | ||||||||||||||||
cash and cash equivalents | 15,760,000 | 16,946,000 | 21,884,000 | ||||||||||||||
loans, net of allowance for loan losses of 4,135 and 3,906, respectively | 374,391,000 | ||||||||||||||||
fhlb advances and federal funds purchased | 58,146,000 | 55,317,000 | |||||||||||||||
long term debt | 10,310,000 | 10,310,000 | |||||||||||||||
other liabilities | 4,547,000 | 4,341,000 | |||||||||||||||
additional capital | 12,802,000 | 12,801,000 | |||||||||||||||
loans, net of allowance for loan losses of 4,071 and 3,906, respectively | 366,865,000 | ||||||||||||||||
securities available-for-sale | 92,811,000 | ||||||||||||||||
loans, net of allowance for loan losses of 4,029 and 3,906 | 362,610,000 | ||||||||||||||||
federal funds purchased | |||||||||||||||||
long-term debt | 10,310,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2024-03-31 | 2020-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-03-31 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||
net earnings | 10,008,000 | 6,681,000 | 6,278,000 | 5,091,000 | 4,634,000 | 4,359,000 | 3,516,000 | ||||||
adjustments to reconcile net earnings to net cash from operating activities: | |||||||||||||
depreciation | 1,227,000 | 1,025,000 | 989,000 | 869,000 | 808,000 | 780,000 | 801,000 | ||||||
amortization | 175,000 | 177,000 | 335,000 | 349,000 | 275,000 | 257,000 | 264,000 | ||||||
deferred taxes | -264,000 | -613,000 | -399,000 | 2,402,000 | |||||||||
premium amortization, net of discount accretion | 27,000 | 435,000 | 912,000 | 1,096,000 | 1,086,000 | 1,065,000 | 1,113,000 | ||||||
gain on sale of loans | -240,000 | -272,000 | -1,189,000 | -637,000 | -678,000 | -556,000 | |||||||
reversal of provision for credit losses | -250,000 | ||||||||||||
origination of loans held for sale | -7,465,000 | -7,798,000 | -25,017,000 | -19,523,000 | -20,341,000 | -16,412,000 | -13,232,000 | ||||||
proceeds from loans held for sale | 8,332,000 | 8,172,000 | 24,550,000 | 21,065,000 | 20,765,000 | 17,387,000 | 14,778,000 | ||||||
write-down of other real estate and repossessed assets | 0 | 102,000 | |||||||||||
net loss on sale of premises, equipment, other real estate owned and other assets | |||||||||||||
stock based compensation | 133,000 | 138,000 | 155,000 | 143,000 | 118,000 | 117,000 | 60,000 | ||||||
net change in accrued interest receivable and other assets | 1,636,000 | -8,627,000 | 1,775,000 | -705,000 | -5,150,000 | 685,000 | 2,265,000 | ||||||
net change in accrued interest payable and other liabilities | -2,535,000 | 1,450,000 | -45,000 | 739,000 | 436,000 | 593,000 | 21,000 | ||||||
net cash from operating activities | 10,532,000 | 1,120,000 | 9,630,000 | 9,354,000 | 3,740,000 | 8,868,000 | 12,236,000 | 2,542,000 | 550,000 | -59,000 | 2,181,000 | 2,289,000 | 1,277,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 10,532,000 | 1,120,000 | 9,630,000 | 9,354,000 | 3,740,000 | 8,868,000 | 12,236,000 | 2,542,000 | 550,000 | -59,000 | 2,181,000 | 2,289,000 | 1,277,000 |
cash flows from investing activities | |||||||||||||
securities available for sale: | |||||||||||||
purchases | -683,119,000 | -439,214,000 | -19,551,000 | -100,987,000 | -10,771,000 | -13,156,000 | -61,965,000 | -12,171,000 | -14,601,000 | -9,987,000 | -8,886,000 | -15,330,000 | -2,004,000 |
proceeds from maturities and principal repayments | 610,458,000 | 404,493,000 | 10,142,000 | 7,610,000 | 6,989,000 | 6,098,000 | 5,203,000 | 4,820,000 | 4,621,000 | ||||
securities held to maturity: | |||||||||||||
net (origination) repayments of loans | |||||||||||||
purchases of premises and equipment | -184,000 | -997,000 | -475,000 | -552,000 | -226,000 | ||||||||
proceeds from sale of premises, equipment, other real estate owned and other assets | 14,391,000 | 124,000 | |||||||||||
net cash from investing activities | -46,385,000 | 46,385,000 | -20,456,000 | -47,503,000 | -10,352,000 | -46,911,000 | -62,868,000 | -16,685,000 | -14,382,000 | -928,000 | -13,060,000 | -9,028,000 | -627,000 |
cash flows from financing activities | |||||||||||||
net change in deposits | 23,253,000 | -5,402,000 | 43,622,000 | -11,086,000 | -24,578,000 | 15,262,000 | 94,380,000 | 2,205,000 | 10,288,000 | 13,425,000 | 7,068,000 | -2,605,000 | 8,008,000 |
net change in securities sold under agreements to repurchase | -89,000 | 13,886,000 | 743,000 | -1,481,000 | 193,000 | -484,000 | 1,804,000 | ||||||
proceeds from fhlb advances | 200,000,000 | 590,000,000 | 60,000,000 | 105,000,000 | 200,000,000 | 20,000,000 | 32,000,000 | 3,000,000 | |||||
repayment of fhlb advances | -200,000,000 | -655,000,000 | -44,504,000 | -96,504,000 | -155,005,000 | -4,000 | -30,005,000 | -22,096,000 | -2,094,000 | ||||
proceeds from line of credit | 0 | 20,000,000 | |||||||||||
repayment of line of credit | 0 | -4,500,000 | |||||||||||
repayments of debentures | -2,000,000 | ||||||||||||
purchase of treasury stock | -102,000 | -335,000 | -10,817,000 | -2,197,000 | -21,000 | 0 | |||||||
excise tax on stock repurchases | |||||||||||||
exercise of stock options | 547,000 | 69,000 | 72,000 | 78,000 | 81,000 | ||||||||
cash dividends paid | -2,738,000 | -2,654,000 | |||||||||||
net cash from financing activities | 18,871,000 | -63,936,000 | 67,040,000 | 9,396,000 | 11,254,000 | 9,249,000 | 9,698,000 | 1,802,000 | 624,000 | ||||
net change in cash and cash equivalents | -16,982,000 | -16,431,000 | 56,214,000 | -4,747,000 | -2,578,000 | 8,262,000 | -1,181,000 | -4,937,000 | 1,274,000 | ||||
cash and cash equivalents at beginning of period | 0 | 89,524,000 | 90,714,000 | 0 | 24,234,000 | 0 | 0 | 20,816,000 | |||||
cash and cash equivalents at end of period | -16,982,000 | 73,093,000 | 146,928,000 | -4,747,000 | 21,656,000 | -1,181,000 | -4,937,000 | 22,090,000 | |||||
supplemental disclosures of cash flow information | |||||||||||||
interest paid | 15,800,000 | 16,849,000 | 4,915,000 | ||||||||||
income taxes paid | 1,310,000 | ||||||||||||
supplemental schedule of noncash investing and financing activities | |||||||||||||
cash dividends accrued | 6,000 | 2,769,000 | 2,119,000 | ||||||||||
transfer of loans to other real estate owned and repossessed assets | 19,000 | 14,946,000 | |||||||||||
net realized gain on sales of securities available for sale | |||||||||||||
(reversal of) benefit from credit losses | |||||||||||||
net gain on sale of premises, equipment, other real estate owned and other assets | -252,000 | -11,000 | -2,000 | ||||||||||
proceeds from sales | 102,356,000 | ||||||||||||
net repayments (originations) of loans | |||||||||||||
proceeds from issuance of subordinated debt | |||||||||||||
lease right of use assets obtained in exchange for lease liabilities | 10,000 | ||||||||||||
available for sale securities transferred to held to maturity, net of unrealized loss of 13,186. | |||||||||||||
contributions from noncontrolling interest | |||||||||||||
net realized loss on sales of securities available for sale | |||||||||||||
reversal of benefit from credit losses | |||||||||||||
net repayments of loans | 42,173,000 | ||||||||||||
adjustments to reconcile net earnings to net cash provided from operating activities: | |||||||||||||
benefit from credit losses | 1,400,000 | ||||||||||||
net originations of loans | -12,194,000 | ||||||||||||
net purchases of premises and equipment | -2,054,000 | -381,000 | -484,000 | -2,059,000 | -814,000 | -965,000 | -311,000 | ||||||
net proceeds from sale of premises, equipment, other real estate owned and other assets | 177,000 | 410,000 | 1,081,000 | 407,000 | 191,000 | ||||||||
cash dividends | -2,076,000 | ||||||||||||
purchase of treasury stock accrued | |||||||||||||
transfer loans to other real estate owned and repossessed assets | 179,000 | ||||||||||||
net realized loss on securities transactions | |||||||||||||
benefit from loan losses | 500,000 | 650,000 | 600,000 | 650,000 | |||||||||
net income on sale of premises, equipment, other real estate owned and other assets | 375,000 | 27,000 | |||||||||||
cash paid in connection with acquisitions | 0 | ||||||||||||
common stock issued in acquisitions | |||||||||||||
reclassification of certain tax effects from accumulated other comprehensive income | |||||||||||||
net realized gain on securities transactions | -1,000 | ||||||||||||
cash received from acquired banks | 0 | ||||||||||||
net increase in loans | -58,362,000 | -37,740,000 | -41,922,000 | -8,375,000 | -8,070,000 | -4,173,000 | 2,536,000 | -7,979,000 | -4,620,000 | -2,711,000 | |||
proceeds from other debt | 1,000,000 | ||||||||||||
repayment of other debt | -357,000 | ||||||||||||
net (gain) loss on sale of premises, equipment, other real estate owned and other assets | -7,000 | ||||||||||||
gain on loans held for sale | -429,000 | ||||||||||||
sale of treasury stock | |||||||||||||
sales | 3,248,000 | 0 | 1,542,000 | ||||||||||
net purchases of interest-bearing time deposits | |||||||||||||
net proceeds from sale of other real estate | 0 | 82,000 | |||||||||||
net change in federal funds purchased | 0 | -1,080,000 | 1,080,000 | -7,295,000 | |||||||||
dividends paid | 0 | ||||||||||||
supplemental disclosures: | |||||||||||||
cash paid for income taxes | 550,000 | 750,000 | 255,000 | ||||||||||
cash paid for interest | 2,647,000 | 2,774,000 | 2,466,000 | 1,996,000 | 2,354,000 | ||||||||
significant non-cash transactions: | |||||||||||||
transfers from loans to real estate owned | 48,000 | 16,000 | 253,000 | 135,000 | 215,000 | ||||||||
deconsolidation of guaranty (tx) capital trust i and ii | |||||||||||||
deconsolidation of guaranty (tx) capital trust i and trust ii | |||||||||||||
depreciation and amortization | |||||||||||||
net change in loans held for sale | |||||||||||||
net (gain) loss on sale of premises, equipment and other real estate | |||||||||||||
benefit from aircraft finance trust impairment | |||||||||||||
loss on impairment of investment in aircraft finance trust | |||||||||||||
stock-based compensation expense | |||||||||||||
purchases of interest-bearing time deposits | |||||||||||||
proceeds from sales and principal repayments | |||||||||||||
net proceeds from sale of premises, equipment and other real estate | |||||||||||||
proceeds from benefits of insurance policies | |||||||||||||
proceeds from long-term debt | |||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||
cash and cash equivalents at end of year | |||||||||||||
cash flows from investing activities: | |||||||||||||
purchase of interest-bearing time deposits | -4,080,000 | ||||||||||||
maturities, calls, and principal repayments | 5,920,000 | 8,256,000 | 7,324,000 | ||||||||||
proceeds from sale of other real estate | 557,000 | 75,000 | 63,000 | ||||||||||
net change in federal funds sold | -4,615,000 | ||||||||||||
cash flows from financing activities: | |||||||||||||
net change in short-term fhlb advances | 4,000,000 | ||||||||||||
net change in long-term fhlb advances | |||||||||||||
stock options exercised | 26,000 | ||||||||||||
repayment of long-term fhlb advances | -91,000 | -89,000 | |||||||||||
securities available-for-sale: | |||||||||||||
deconsolidation of trust i and trust ii | 310,000 | ||||||||||||
net securities amortization | |||||||||||||
proceeds from sale of premises, equipment and other real estate |