Guaranty Bancshares — Q4 2024 Earnings Presentation
10 slides from Guaranty Bancshares's earnings presentation, Jan 21, 2025
Slide 1: Investor Presentation 4th Quarter 2024
INVESTOR PRESENTATION NYSE: GNTY 4TH QUARTER 2024
Slide 2: Safe Harbor Statement About Guaranty Bancshares, Inc.
SAFE HARBOR STATEMENT ABOUT GUARANTY BANCSHARES, INC. Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. Guaranty Bank & Trust has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the
Slide 3: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our results of operations, financi
Slide 4: Quarterly Highlights
QUARTERLY HIGHLIGHTS Ty Abston CEO and Chairman of the Board Shalene Jacobson EVP and Chief Financial Officer
Slide 5: Q4 2024 – Financial Results
Q4 2024 – FINANCIAL RESULTS EARNINGS, ROAA AND NIM BALANCE SHEET NONINTEREST INCOME AND EXPENSE Total assets were $3.12 billion at Dec 31, 2024, compared to $3.18 billion at Dec 31, 2023 Total gross loans were $2.13 billion at Dec 31, 2024, compared to $2.32 billion at Dec 31, 2023 Gross loans decre
Slide 6: Loan Portfolio & Credit Quality
ACL Reversal of provision for credit losses of $250,000 in 4Q24 and a $2.2 million reversal for the year ending Dec 31, 2024 Reversals in provision due to a reduction in gross loan balances and stable credit trends No qualitative factor adjustments in 4Q24 Allowance for credit losses (ACL) coverage
Slide 7: Q4 2024 – Deposits, Liquidity & Capital
DEPOSITS Granular deposits: 90,215 total deposit accounts with an average balance of $29,842 Uninsured deposits, excluding public funds and GNTY-owned accounts, are 26.3% of total deposits Total deposits increased by $23.3 million during 4Q24, savings and money market account balances increased $29.
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Slide 9: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Net Unrealized Loss on Securities, Tax Effected, as a Percentage of Total Equity (dollars in thousands) December 31, 2024 Total equity(1) $ 319,074 Less: net unrealized loss on HTM securities, tax effected (24,875) Total equity, including net unrealized
Slide 10: Reconciliation of Non-GAAP Financial Measures – Cost of Total Deposits
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Cost of Total Deposits Quarter Ended Year Ended (dollars in thousands) December 31, 2024 September 30, 2024 December 31, 2023 December 31, 2024 December 31, 2023 Total average interest-bearing deposits $ 1,855,713 $ 1,821,395 $ 1,788,863 $ 1,815,672 $ 1,