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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001206774-04-000759.txt : 20040805
<SEC-HEADER>0001206774-04-000759.hdr.sgml : 20040805
<ACCEPTANCE-DATETIME>20040805153018
ACCESSION NUMBER:		0001206774-04-000759
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040804
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20040805

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUARANTY BANCSHARES INC /TX/
		CENTRAL INDEX KEY:			0001058867
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				751656431
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24235
		FILM NUMBER:		04954679

	BUSINESS ADDRESS:	
		STREET 1:		100 WEST ARKANSAS
		CITY:			MT PLEASANT
		STATE:			TX
		ZIP:			75456
		BUSINESS PHONE:		9035729881

	MAIL ADDRESS:	
		STREET 1:		100 WEST ARKANSAS
		CITY:			MT PLEASANT
		STATE:			TX
		ZIP:			75456
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gb712768k.htm
<DESCRIPTION>FORM 8K
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<p  align="center"><font size="5" face="Times New Roman"><b>SECURITIES AND EXCHANGE COMMISSION<br> </b></font>
<font size="3"><b>WASHINGTON, D.C. 20549</b></font></p>
<p  align="center">
<font size="5" face="Times New Roman"><b>FORM 8-K</b></font></p>
<p  align="center">
<font size="3" face="Times New Roman"><b>CURRENT REPORT<br> PURSUANT TO SECTION 13 or 15(D) OF<br> THE SECURITIES EXCHANGE ACT OF 1934</b></font></p>
<p  align="center">
<font size="3" face="Times New Roman"><b>Date of Report (Date of earliest event reported):&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 4, 2004</b></font></p>
<p  align="center">
<font size="6" face="Times New Roman"><b>GUARANTY BANCSHARES, INC.<br> </b></font>
<font size="1" face="Times New Roman"><b>(Exact name of registrant as specified in its charter)</b></font></p>
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<font size="2" face="Times New Roman"><b>Texas</b></font></p>  </td>
  <td width="33%" valign="bottom">
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<font size="2" face="Times New Roman"><b>0-23113</b></font></p>  </td>
  <td width="33%" valign="bottom">
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<font size="2" face="Times New Roman"><b>75-1656431</b></font></p>  </td>
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<font size="1" face="Times New Roman"><b>(State or   other jurisdiction of<br>   incorporation or organization)</b></font></p>  </td>
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<font size="1" face="Times New Roman"><b>(Commission   File Number)</b></font></p>  </td>
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<font size="1" face="Times New Roman"><b>(I.R.S.   Employer<br>   Identification No.)</b></font></p>  </td>
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<p>
<font size=1 face="Times New Roman">&nbsp;</font></p>
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  <p  align="center"><font size="2" face="Times New Roman"><b>100 West Arkansas <br>   Mount Pleasant, Texas</b></font></p>  </td>
  <td width="50%" valign="bottom">
  <p  align="center">
<font size="2" face="Times New Roman"><b>75455</b></font></p>  </td>
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<font size="1" face="Times New Roman"><b>(Address   of principal executive offices)</b></font></p>  </td>
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<font size="1" face="Times New Roman"><b>(Zip Code)</b></font></p>  </td>
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<p  align="center">
<font size="2" face="Times New Roman"><b>Registrant&#146;s telephone number, including area code:&#160; (903) 572-9881</b></font></p>

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<p>
<font size="2" face="Times New Roman"><b>Item 5.&#160; Other Events.</b></font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August 4, 2004, Guaranty Bancshares, Inc. publicly disseminated a press release announcing the opening of a new Guaranty Bond Bank location in Mt. Vernon, Texas.&#160;&#160; A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.&#160; </font></p>
<p>
<font size="2" face="Times New Roman"><b>Item 7.&#160; Financial Statements and Exhibits.</b></font></p>
<p>
<font size="2" face="Times New Roman">Exhibits.&#160; The following materials are filed as exhibits to this Current Report on Form 8-K:</font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press Release issued by Guaranty Bancshares, Inc. dated August 4, 2004.</font></p>

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<p  align="center">
<font size="2" face="Times New Roman"><b>SIGNATURES</b></font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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<font size="2" face="Times New Roman">G<small>UARANTY</small> B<small>ANCSHARES</small>,   I<small>NC</small>.</font></p>  </td>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p>
<font size="2" face="Times New Roman">Dated:&#160; August 4, 2004</font></p>  </td>
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  <p>
<font size="2" face="Times New Roman">By:&#160; /s/&#160;   C<small>LIFTON</small> A. P<small>AYNE</small></font></p>  </td>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <hr size="1" width="100%" noshade color=black>

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  <p>
<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p>
<font size="2" face="Times New Roman">Clifton A.   Payne</font></p>  </td>
 </tr>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p>
<font size="2" face="Times New Roman">Senior Vice   President and</font></p>  </td>
 </tr>
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<font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p>
<font size="2" face="Times New Roman">Chief   Financial Officer</font></p>  </td>
 </tr>
</table>


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<p  align="center"><font size="2" face="Times New Roman"><b>EXHIBIT INDEX</b></font></p>
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  <p  align="center"><font size="1" face="Times New Roman"><b>Exhibit <br>   Number</b></font></p>  </td>
  <td width="2%" valign="bottom">
  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
  <td width="91%" valign="bottom">
  <p><font size="1" face="Times New Roman"><b>Description</b></font></p>  </td>
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  <hr size="1" width="100%" noshade color=black>

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  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <p  align="center"><font size="2" face="Times New Roman">99.1</font></p>  </td>
  <td  valign="bottom">
  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="bottom">
  <p><font size="2" face="Times New Roman">Press   Release issued by Guaranty Bancshares, Inc. dated August 4, 2004.</font></p>  </td>
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<p><font size=1 face="Times New Roman">&nbsp;</font></p>



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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>gb71276ex991.htm
<DESCRIPTION>EXHIBIT 99.1
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<p  align=right><font size="2" face="Times New Roman"><b>Exhibit 99.1</b></font></p>
<p  align="center">
<font size="2" face="Times New Roman"><b>GUARANTY BANCSHARES, INC. ANNOUNCES</b></font></p>
<p  align="center">
<font size="2" face="Times New Roman"><b>GUARANTY BOND BANK EXPANSION WITH OPENING OF <br> MT VERNON, TEXAS LOCATION</b></font></p>
<p>
<font size="2" face="Times New Roman"><b>NEWS RELEASE<br> MT. PLEASANT, TEXAS </b>(August 4, 2004) - Guaranty Bancshares, Inc. (Nasdaq:GNTY), the parent company of Guaranty Bond Bank, announced today that the bank has filed for regulatory approval with the Texas Department of Banking and the Federal Deposit Insurance Corporation to open a new full-service banking facility in Mt. Vernon, Texas.&#160; Guaranty Bond Bank &#150; Mt. Vernon will be located on the corner of Hwy 37 and Hwy 67 in Mt. Vernon.</font></p>
<p>
<font size="2" face="Times New Roman">As of June 30, 2004, Guaranty Bond Bank, chartered in 1913, reported total assets of $519.7 million.&#160; During the same period loans grew to $372.8 million and deposits ended the period at $413.3 million.&#160; Ty Abston, President of Guaranty Bond Bank commented, &#147;The bank continues to have a strong commitment to community banking and remaining independent through our ongoing expansion program.&#160; Mt. Vernon is a natural fit for our bank and we look forward to becoming a partner with the community.&#160; We believe our commitment to local investing and lending helps communities grow and prosper.&#160; Each bank is staffed with professional bankers and a local president empowered to make decisions that best serve the local market.&#148;</font></p>
<p>
<font size="2" face="Times New Roman">Abston added, &#147;Guaranty Bond continues to develop financial product offerings to meet the changing needs of our customers.&#160; The bank offers an array of products including free-checking, online banking, nine ATM locations throughout northeast Texas, trust and investment services and competitive loan and deposit rates.&#160; We are scheduled to open in a temporary bank facility during the fourth quarter of this year and will immediately begin construction of our permanent bank facility. &#160;Our new bank facility will be state-of-the-art and be a real asset to the Mt. Vernon community&#148;</font></p>
<p>
<font size="2" face="Times New Roman"><i>The following appears in accordance with the Private Securities Litigation Reform Act of 1995:</i></font></p>

<p><font size="2" face="Times New Roman"><i>The information in this press release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the further performance of the Company.&#160; Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct.&#160; Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, impact of competitive services, interest rates and general economic risks and uncertainties</i>.</font></p>
<p><font size="2" face="Times New Roman"><b>Other Information</b></font></p>
<p><font size="2" face="Times New Roman">For more information about Guaranty Bancshares, Inc. and Guaranty Bond Bank, please access the Company&#146;s new Web site at <u>www.gnty.com</u></font></p>
<p><font size="2" face="Times New Roman">For further information contact:</font></p>
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  <td width="39%" valign="top">
  <p><font size="2" face="Times New Roman">Ty Abston, President</font></p>  </td>
  <td width="60%" valign="top">
  <p><font size="2" face="Times New Roman">903/ 572-9881</font></p>  </td>
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  <td width="39%" valign="top">
  <p><font size="2" face="Times New Roman">or</font></p>  </td>
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  <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p><font size="2" face="Times New Roman">Clifton A. Payne, Sr. Vice President</font></p>  </td>
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  <p><font size="2" face="Times New Roman">903/ 572-9881</font></p>  </td>
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