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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001206774-04-001447.txt : 20040928
<SEC-HEADER>0001206774-04-001447.hdr.sgml : 20040928
<ACCEPTANCE-DATETIME>20040928121930
ACCESSION NUMBER:		0001206774-04-001447
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040927
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
FILED AS OF DATE:		20040928
DATE AS OF CHANGE:		20040928

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:		041049014

	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>gs71306.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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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="2" face="Times New Roman"><b>Date of Report (Date of earliest event reported):&nbsp;&nbsp;&nbsp;September 27, 2004</b></font></p>
<p  align="center">
<font size="6" face="Times New Roman Bold"><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>
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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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<font size="2" face="Times New Roman"><b>0-23113</b></font></p>  </td>
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  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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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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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</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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  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</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 style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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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=1 face="Times New Roman">&nbsp;</font></p> </td>
  <td  valign="bottom">
  <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"><b>100 West Arkansas</b></font></p>  </td>
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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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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=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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<font size="2" face="Times New Roman"><b>Mount Pleasant, Texas</b></font></p>  </td>
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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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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=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <p  align="center">
<font size="2" face="Times New Roman"><b>75455</b></font></p>  </td>
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  <p align="center">
<font size="1" face="Times New Roman"><b>(Address   of principal executive offices)</b></font></p>  </td>
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  <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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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=1 face="Times New Roman">&nbsp;</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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</table>

<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>
<p>
<font size="2" face="Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font></p>
<p>
<font size="2" face="Wingdings">o</font><font size="2" face="Times New Roman">&nbsp;&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425) </font></p>

<p><font size="2" face="Wingdings">o</font><font size="2" face="Times New Roman">&nbsp;&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></p>
<p>
<font size="2" face="Wingdings">o</font><font size="2" face="Times New Roman">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)&#160;&#160;&#160;&#160;&#160; </font></p>
<p>
<font size="2" face="Wingdings">o</font><font size="2" face="Times New Roman">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) </font></p>

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<div style="page-break-before:always"></div>
<PAGE>
<br>

<p>
<font size="2" face="Times New Roman"><b>Item 5.02&#160; Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers</b></font></p>
<p>
<font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guaranty Bancshares, Inc. (the &#147;Company&#148;) announced on September 21, 2004 that Johnny O. Conroy has been appointed to the Company&#146;s Board of Directors.&#160; Mr. Conroy, President of Conroy Ford Tractor, Inc. has served on the Board of Directors of Guaranty Bond Bank since February 17, 2004. </font></p>
<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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  <p><font size="2" face="Times New Roman">Dated:&#160; September 27, 2004</font></p>  </td>
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  <p><font size="2" face="Times New Roman">By:</font></p>  </td>
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  <p  align="center"><font size="2" face="Times New Roman">/s/&#160; C<small>LIFTON</small> A P<small>AYNE</small></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="1" face="Times New Roman">&nbsp;</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="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <p  align="center"><font size="1" face="Times New Roman"><b>Clifton A.   Payne</b></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="1" face="Times New Roman">&nbsp;</font></p>  </td>
  <td  valign="bottom">
  <p  align="center"><font size="1" face="Times New Roman"><b>Senior   Vice President and Chief Financial Officer</b></font></p>  </td>
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