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PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION | PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION Condensed financial information of Guaranty Bancshares, Inc. follows:
| 2017 |  | 2016
ASSETS |  |  |
Cash and cash equivalents | $ | 14,009 |  |  | $ | 1,645 |
Investment in banking subsidiaries | 208,995 |  |  | 176,979 |
Other assets | 511 |  |  | 1,781 |
Total assets | $ | 223,515 |  |  | $ | 180,405 |
LIABILITIES AND EQUITY |  |  |
Debt | $ | 13,810 |  |  | $ | 37,596 |
Accrued expenses and other liabilities | 2,360 |  |  | 895 |
KSOP-owned shares | — |  |  | 31,661 |
Shareholders’ equity | 207,345 |  |  | 110,253 |
Total liabilities and shareholders’ equity | $ | 223,515 |  |  | $ | 180,405 |
| 2017 |  | 2016 |  | 2015
Interest income | $ | 11 |  |  | $ | 19 |  |  | $ | 3 |
Dividends from Guaranty Bank & Trust | — |  |  | 12,000 |  |  | 20,000 |
| 11 |  |  | 12,019 |  |  | 20,003 |
Expenses |  |  |  |  |
Interest expense | 1,024 |  |  | 1,417 |  |  | 1,045 |
Other expenses | 1,682 |  |  | 1,406 |  |  | 1,811 |
| 2,706 |  |  | 2,823 |  |  | 2,856 |
(Loss ) income before income tax and equity in undistributed income of subsidiary | (2,695 | ) |  | 9,196 |  |  | 17,147 |
Income tax benefit | 354 |  |  | 900 |  |  | 850 |
Income before equity in undistributed earnings of subsidiary | (2,341 | ) |  | 10,096 |  |  | 17,997 |
Equity in undistributed earnings (loss) of subsidiary | 16,780 |  |  | 2,025 |  |  | (7,886 | )
Net earnings | $ | 14,439 |  |  | $ | 12,121 |  |  | $ | 10,111 |
Comprehensive income | $ | 14,799 |  |  | $ | 12,207 |  |  | $ | 9,362 |
| 2017 |  | 2016 |  | 2015
Cash flows from operating activities |  |  |  |  |
Net earnings | $ | 14,439 |  |  | $ | 12,121 |  |  | $ | 10,111 |
Adjustments: |  |  |  |  |
Distributions in excess of (equity in undistributed) subsidiary earnings | (16,780 | ) |  | (2,025 | ) |  | 7,886 |
Stock based compensation | 355 |  |  | 211 |  |  | 237 |
Change in other assets | 1,270 |  |  | 89 |  |  | (646 | )
Change in other liabilities | 1,589 |  |  | (227 | ) |  | (95 | )
Net cash provided by operating activities | 873 |  |  | 10,169 |  |  | 17,493 |
Cash flows from investing activities |  |  |  |  |
Acquisition of DCB Financial Corporation | — |  |  | — |  |  | (7,329 | )
Acquisition of Texas Leadership Bank of Royce City | — |  |  | — |  |  | (7,771 | )
Investment in Guaranty Bank & Trust | (15,000 | ) |  | — |  |  | (4,000 | )
Net cash used in investing activities | (15,000 | ) |  | — |  |  | (19,100 | )
Cash flows from financing activities |  |  |  |  |
Proceeds of borrowings | 2,000 |  |  | 19,000 |  |  | 27,000 |
Repayments of borrowings | (25,786 | ) |  | (20,714 | ) |  | (13,000 | )
Sale of common stock | 55,755 |  |  | — |  |  | 7,266 |
Purchase of treasury stock | — |  |  | (12,218 | ) |  | (14,568 | )
Sale of treasury stock | — |  |  | 8,557 |  |  | — |
Exercise of stock options | 84 |  |  | 36 |  |  | — |
Dividends paid | (5,562 | ) |  | (4,615 | ) |  | (4,526 | )
Net cash provided by (used in) financing activities | 26,491 |  |  | (9,954 | ) |  | 2,172 |
Net change in cash and cash equivalents | 12,364 |  |  | 215 |  |  | 565 |
Beginning cash and cash equivalents | 1,645 |  |  | 1,430 |  |  | 865 |
Ending cash and cash equivalents | $ | 14,009 |  |  | $ | 1,645 |  |  | $ | 1,430 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=96868048&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
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