<SEC-DOCUMENT>0001058867-17-000004.txt : 20170615
<SEC-HEADER>0001058867-17-000004.hdr.sgml : 20170615
<ACCEPTANCE-DATETIME>20170615102311
ACCESSION NUMBER:		0001058867-17-000004
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170512
FILED AS OF DATE:		20170615
DATE AS OF CHANGE:		20170615

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUARANTY BANCSHARES INC /TX/
		CENTRAL INDEX KEY:			0001058867
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				751656431
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		201 SOUTH JEFFERSON AVENUE
		CITY:			MOUNT PLEASANT
		STATE:			TX
		ZIP:			75455
		BUSINESS PHONE:		9035729881

	MAIL ADDRESS:	
		STREET 1:		201 SOUTH JEFFERSON AVENUE
		CITY:			MOUNT PLEASANT
		STATE:			TX
		ZIP:			75455

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Priefert William D.
		CENTRAL INDEX KEY:			0001273995

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38087
		FILM NUMBER:		17912651

	MAIL ADDRESS:	
		STREET 1:		201 SOUTH JEFFERSON AVENUE
		CITY:			MOUNT PLEASANT
		STATE:			TX
		ZIP:			75455

	FORMER NAME:	
		FORMER CONFORMED NAME:	PRIEFERT WILLIAM
		DATE OF NAME CHANGE:	20031219
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>wf-form4a_149753657714695.xml
<DESCRIPTION>FORM 4/A
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2017-05-12</periodOfReport>

    <dateOfOriginalSubmission>2017-05-12</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001058867</issuerCik>
        <issuerName>GUARANTY BANCSHARES INC /TX/</issuerName>
        <issuerTradingSymbol>GNTY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001273995</rptOwnerCik>
            <rptOwnerName>Priefert William D.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GUARANTY BANCSHARES, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>201 SOUTH JEFFERSON AVE</rptOwnerStreet2>
            <rptOwnerCity>MOUNT PLEASANT</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75455</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>96996</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Priefert Retirement Trust, of which Reporting Person is trustee</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2017-05-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>27</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>97560</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Bill and Shayne Priefert Family Trust, of which Reporting Person is trustee</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Represents shares of common stock of Issuer purchased through a directed share program in connection with the initial public offering of the Issuer's common stock, which closed on May 12, 2017.  The share were purchased at the initial public offering price of $27.00 per share.  The shares are subject to a lock-up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the initial public offering.</footnote>
        <footnote id="F2">This amended Form 4 is being filed in order to disclose that the 5,000 shares of Issuer common stock purchased by the Reporting Person under the Issuer's directed share program were purchased by the Bill and Shayne Priefert Family Trust, rather than the Reporting Person directly as disclosed on the original Form 4 filed on May 15, 2017.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Randall R. Kucera, as attorney-in-fact</signatureName>
        <signatureDate>2017-06-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
