| Business Summary | | Guaranty
Bancshares
Inc.
is
a
bank
holding
company
that
conducts
its
business
through
its
principal
subsidiary,
Guaranty
Bank
(the
Bank).
The
Company
offers
a
full
range
of
commercial
loan
products,
including
term
loans,
lines
of
credit,
fixed
asset
loans
and
working
capital
loans.
The
Company
also
offers
consumers
a
full
range
of
personal
loan
products
including
automobile
loans,
home
improvement
loans,
consumer
loans
and
mortgage
loans
and
also
has
a
wide
variety
of
deposit
products,
including
a
money
market
account,
certificates
of
deposit,
NOW
accounts,
savings
accounts,
Internet
banking,
free
checking,
debit
cards
and
overdraft
protection.
The
Bank
owns
interests
in
four
entities,
Guaranty
Leasing
Co.,
GB
Com
Inc.,
BSC
Securities
L.C.
and
Independent
Bank
Services
L.C. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Guaranty
Bancshares,
Inc.
is
a
bank
holding
company
for
Guaranty
Bank,
a
state
chartered
commercial
bank.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
10%
to
$15.1
million.
Net
interest
income
after
loan
loss
provision
rose
1%
to
$6
million.
Net
income
rose
18%
to
$1.5
million.
Net
interest
income
reflects
increased
earning
asset
balances,
partially
offset
by
increased
interest
paid
on
deposits.
Earnings
benefited
from
increased
net
securities
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bill Jones, 71 Chairman
and CEO | $104K | Arthur Scharlach, Jr., 61 Pres | 390K | Clifton Payne, 43 Sr.
VP, Controller | 168K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|