Three Months Ended 
June 30,

Six Months Ended 
June 30,

2023

2022

2023

2022

Numerator:

Net earnings attributable to Guaranty Bancshares, Inc.

$

9,581

$

10,784

$

17,862

$

21,522

Denominator:

Weighted-average shares outstanding (basic)

11,735,475

11,968,227

11,836,970

12,038,261

Effect of dilutive securities:

Common stock equivalent shares from stock options

21,037

130,756

44,464

135,252

Weighted-average shares outstanding (diluted)

11,756,512

12,098,983

11,881,434

12,173,513

Net earnings attributable to Guaranty Bancshares, Inc. per share

Basic

$

0.82

$

0.90

$

1.51

$

1.79

Diluted

$

0.81

$

0.89

$

1.50

$

1.77