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PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheet | 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 |
Condensed Income Statement | 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 |
Condensed Cash Flow Statement |
| 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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