EX-21 4 d14201_ex21.htm

EXHIBIT 21

Guaranty Bancshares, Inc.

Name of Subsidiary	State of Incorporation
Guaranty Financial Corp., Inc. (1)	Delaware
Guaranty (TX) Capital Trust I (1)	Delaware
Guaranty (TX) Capital Trust II (1)	Delaware
Guaranty Bond Bank (2)	Texas
Guaranty Leasing Company (3)	Texas
Guaranty Company Inc. (3)	Texas
G. B. Com, Inc. (3)	Texas
BSC Securities, L.C.(3)	Texas
Independent Bank Services, L.C. (3)	Texas

(1)  Subsidiary of Guaranty Bancshares, Inc.
(2)  Subsidiary of Guaranty Financial Corp., Inc.
(3)  Subsidiary of Guaranty Bond Bank

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