Guaranty Bancshares, Inc. (GNTY): Business Model Canvas [Dec-2025 Updated]

You're looking to see how a community bank like Guaranty Bancshares, Inc. (GNTY) actually makes money, especially considering its operational structure in late 2025. Honestly, it boils down to relationship banking, but the numbers tell the real story: as of mid-2025, they were managing about $3.2 billion in total assets supported by a solid $2.71 billion core deposit base, driving a Net Interest Margin (NIM) of 3.71% in Q2 2025. Their focus on local decision-making across 33 Texas branches, paired with strong asset quality (Non-Performing Assets or NPA at just 0.33% in Q2 2025), is their core value proposition, generating roughly $31.76 million in total revenue in Q1 2025. Let's break down exactly how Guaranty Bancshares, Inc. (GNTY) structures its operations across all nine building blocks of the Business Model Canvas below.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Key Partnerships

You're looking at how Guaranty Bancshares, Inc. (GNTY), now integrated into Glacier Bancorp, Inc. (GBCI), structures its external relationships to keep operations running smoothly and maintain liquidity. These partnerships are critical, especially post-acquisition, to ensure the Texas footprint thrives under the GBCI model.

The most significant structural partnership is with Glacier Bancorp, Inc. (GBCI), which completed its acquisition of Guaranty Bancshares, Inc. in October 2025. This move established Guaranty Bank & Trust as the 18th division, 'Guaranty Bank & Trust, Division of Glacier Bank.' As of June 30, 2025, the acquired entity brought $3.1 billion in total assets, $2.1 billion in loans, and $2.7 billion in deposits to the combined organization. The transaction itself was an all-stock deal valued at approximately $476.2 million.

For contingent liquidity management, the relationship with the Federal Home Loan Bank (FHLB) remains central. While the specific contingent liquidity capacity mentioned is $1.3 billion, Glacier Bancorp, Inc.'s reported FHLB advances as of June 30, 2025, stood at $1.255 billion, decreasing to $895 million by September 30, 2025. This access is vital for maintaining stability, as FHLB advances are a preferred source of funding during market stress.

A key community-focused partnership involves CaliberCos Inc., designed to meet Community Reinvestment Act (CRA) goals. Guaranty Bank & Trust committed capital to Caliber for real estate developments in low and moderate-income (LMI) neighborhoods. This partnership involves a total fund deployment of $50 million, combining Opportunity Zone tax incentives with community reinvestment efforts, focusing on Texas markets like Austin, Bryan/College Station, and Dallas.

The bank relies on established relationships with correspondent banks for operational flexibility, particularly concerning fed funds and revolving lines of credit. As of June 30, 2025, Guaranty Bank and Trust Company reported 'Loan commitments-revolving, open-end lines secured by 1-4's' totaling $62,648,000. This demonstrates an existing, measurable commitment to revolving credit facilities.

To keep its digital front competitive, Guaranty Bank & Trust, as a community bank division, engages with Financial technology (FinTech) providers. Industry data suggests that by 2025, nearly 80% of community banks in the United States have placed their core systems with fintech providers, indicating a widespread reliance on these external technology partners for modern digital banking platforms.

Here's a snapshot of the financial scale related to these key external relationships as of mid-to-late 2025:

The bank utilizes these external structures to manage its balance sheet, which, before the merger close, included 33 banking locations across 26 Texas communities. The use of revolving credit facilities, like the reported $62,648,000 in commitments, helps manage working capital needs for commercial clients.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Key Activities

You're looking at the core engine driving Guaranty Bancshares, Inc.'s performance, which centers on traditional, relationship-focused banking activities. These are the actions management focuses on every day to keep the balance sheet healthy and profitable.

The primary activity is definitely generating Net Interest Income (NII), which you can see reflected in the improving Net Interest Margin (NIM). For the second quarter of 2025, the NIM, calculated on a fully taxable equivalent basis, stood at 3.71%. That's an improvement from 3.70% in Q1 2025 and up significantly from 3.26% in Q2 2024, showing effective management of deposit costs against asset yields. This margin improvement resulted in net interest income, before the provision for credit losses, being $3.8 million higher year-over-year for Q2 2025.

A critical, ongoing activity is the origination and servicing of commercial and consumer loans. Guaranty Bancshares, Inc. maintains a granular loan portfolio, which is a key risk mitigation strategy. As of June 30, 2025, the bank serviced 10,850 total active loans, with an average loan balance of $193,059. This granularity helps manage concentration risk, which is important in a dynamic lending environment.

Here's a quick look at the loan portfolio breakdown as of June 30, 2025:

Next, maintaining a granular, stable core deposit base is essential; it's the funding source for all that lending. As of June 30, 2025, Guaranty Bancshares, Inc. had a base of 91,436 total deposit accounts, with an average account balance of $29,622. This large number of smaller accounts speaks to those trusted, long-term banking relationships. Total deposits at that time were $2.71 billion.

The bank also engages in providing trust and wealth management services, which contributes to noninterest income and deepens client relationships, though specific revenue figures for this segment aren't always broken out separately in the highlights. Still, you see the impact of other fee-based activities, as noninterest income rose by $961,000, or 20.9%, in Q2 2025, partly due to a $1.0 million restitution payment from a lawsuit settlement.

Finally, managing regulatory compliance and ensuring strong asset quality is a non-negotiable key activity. The results show success here, with nonperforming assets (NPA) as a percentage of total assets sitting at a low 0.33% at the end of Q2 2025. This compares favorably to 0.71% in the prior year period. You should also note the annualized net charge-offs to average loans were only 0.05% for the quarter, defintely indicating prudent credit underwriting.

The core activities are all about managing the spread and the risk:

• Generating NII with a Q2 2025 NIM of 3.71%.
• Origination and servicing of commercial and consumer loans, totaling 10,850 active loans.
• Maintaining a granular, stable core deposit base of 91,436 accounts.
• Providing trust and wealth management services, contributing to noninterest income growth.
• Managing regulatory compliance and strong asset quality (NPA at 0.33% in Q2 2025).

Finance: draft 13-week cash view by Friday.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Key Resources

You're looking at the foundational assets that Guaranty Bancshares, Inc. relies on to execute its business strategy, especially heading into the final quarter of 2025 with the merger pending. These resources are the tangible and intangible pillars supporting their relationship-focused model.

• - Total consolidated assets of approximately $3.15 billion as of March 31, 2025, slightly decreasing to $3.14 billion as of June 30, 2025.
• - Core deposit base totaling $2.71 billion as of June 30, 2025, built upon 91,436 total deposit accounts.
• - Physical branch network of 33 banking locations across 26 Texas communities, serving markets like Dallas/Fort Worth, Houston, and Central Texas.
• - Experienced local management and relationship-focused personnel, including Chairman and CEO Ty Abston and CFO Shalene A. Jacobson.
• - Strong capital position with total equity to average quarterly assets at 10.5% in Q1 2025, improving to 10.6% by June 30, 2025.

The balance sheet strength provides the necessary foundation for lending and weathering economic shifts. Here's a quick look at how key financial metrics stacked up across the first half of 2025.

The deposit franchise is a critical resource, especially given the focus on relationship banking. The granularity of that base helps maintain stability, which is key when you consider the average size of those accounts.

• - Average deposit account balance was $29,622 as of June 30, 2025.
• - Noninterest-bearing deposits represented 31.6% of total deposits at the end of Q2 2025.
• - Uninsured deposits (excluding public/bank-owned) stood at 27.0% of total deposits on June 30, 2025.
• - Asset quality remains a resource, evidenced by nonperforming assets to total assets at only 0.33% at the end of Q2 2025.
• - Total available contingent liquidity was reported at $1.3 billion as of June 30, 2025.

Also, don't forget the intangible assets like the established brand and the strategic positioning within Texas communities; these drive customer acquisition and retention. The bank's ability to generate strong returns on its asset base, with Return on Average Equity hitting 12.19% in Q2 2025, shows effective deployment of these resources. Finance: draft 13-week cash view by Friday.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Value Propositions

You're looking at the core reasons clients choose Guaranty Bancshares, Inc. over other regional players, especially right before the October 1, 2025, merger with Glacier Bancorp, Inc. The value hinges on a localized approach backed by solid balance sheet strength.

Relationship-driven community banking with local decision-making.

This proposition is built on deep local ties, which you see reflected in their deposit base. As of September 30, 2024, the bank maintained 89,878 total deposit accounts, showing a broad customer base, with an average account balance of $29,695. The focus on relationship banking is further suggested by the fact that uninsured deposits were only 26.3% of total deposits on that date, indicating a reliance on sticky, core customer funds.

• Local decision-making supports relationship focus.
• Core deposit base provides stable funding.
• Quarterly dividend increased to $0.25 per share in Q1 2025.

Comprehensive suite of commercial real estate and business financing.

Guaranty Bancshares, Inc. supports Texas businesses through a granular loan portfolio. By March 31, 2025, the bank held 10,951 total active loans, averaging $193,135 each. The commitment to commercial growth is clear in the Commercial Real Estate (CRE) segment, which comprised 995 active loans averaging $923,282 apiece. Overall gross loans stood at $2.11 billion at the end of the first quarter of 2025, supported by strong asset quality metrics, with nonperforming assets at just 0.15% of total assets on March 31, 2025.

Here's a quick look at the loan granularity as of March 31, 2025:

Full-service personal banking, including residential mortgage lending.

The personal banking offering includes residential mortgage lending, evidenced by the 2,789 loans in the 1-4 family real estate portfolio as of March 31, 2025, each averaging $181,126. The bank's total consolidated assets reached $3.15 billion at that same date, showing the scale of its full-service capability across Texas markets.

Trust and wealth management for high-net-worth individuals.

The Guaranty Bank & Trust Wealth Management Group delivers traditional trustee, custodial, and escrow services for both institutional and individual accounts. While specific Assets Under Management figures for late 2025 aren't in the latest filings, the existence of this dedicated group is a core value proposition for clients requiring sophisticated asset stewardship.

Digital and treasury management tools for business clients.

The bank supports its business clients with digital and treasury management tools, a necessity given the overall scale of operations. The Net Interest Margin (NIM) improved to 3.70% on a fully taxable equivalent basis for Q1 2025, signaling effective management of interest-earning assets, which includes the technology-supported management of client funds and liabilities.

• Net Interest Margin (FTE) reached 3.70% in Q1 2025.
• Total Deposits were $2.70 billion at March 31, 2025.
• The company announced a special cash dividend of $2.30 per share tied to the October 1, 2025, merger closing.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Customer Relationships

You're looking at the customer relationship strategy for Guaranty Bancshares, Inc. right before the October 1, 2025, merger with Glacier Bancorp, Inc. The core of their approach, which they have long touted as a key differentiator, centers on deep, localized, high-touch service, especially for their commercial base.

Dedicated, personalized service model for commercial clients is the engine here. This isn't a volume-driven model; it's about long-term partnership. The granularity of their loan book supports this. As of June 30, 2025, Guaranty Bancshares, Inc. had 10,850 total active loans across the organization, resulting in a relatively small average loan balance of $193,059. For the commercial real estate portfolio specifically, they maintained 964 active loans with an average balance of $908,939. This structure suggests direct, hands-on management for each relationship rather than broad portfolio servicing.

This focus on strong, trusted banking relationships is also evident in their deposit base, which they described as historically reliable. As of June 30, 2025, the bank held $2.71 billion in total deposits. A significant portion of this base is sticky, with noninterest-bearing deposits making up 31.6% of the total. Furthermore, the bank served 91,436 total deposit accounts, yielding an average account balance of $29,622 as of that date.

Here's a quick look at the financial scale supporting these relationships as of the end of the second quarter of 2025:

The commitment to the community is a tangible extension of the relationship strategy. Guaranty Bank & Trust actively participates in the local fabric, which helps build goodwill and trust that translates into business. For instance, in June 2025, Guaranty Bank & Trust returned as a sponsor of the 29th Annual Dallas Mayor's Back to School Fair, specifically expanding its focus on financial literacy programs. The bank operates across 33 banking locations situated within 26 Texas communities.

For day-to-day transactions, the bank offers self-service options via online and mobile banking platforms, though specific usage metrics for Guaranty Bancshares, Inc. aren't public. To give you context on the market you are operating in, by late 2025, about 89% of all U.S. banking customers were using online banking services. Furthermore, general statistics show that 34% of consumers use a mobile banking app daily. Still, even in this digital environment, 71% of consumers say having in-person access is important, which aligns with Guaranty Bancshares, Inc.'s branch footprint. If onboarding takes 14+ days, churn risk rises, which is why smooth digital experiences are crucial even for relationship-focused banks.

Finance: draft a pro-forma balance sheet reflecting the October 1, 2025, merger structure by next Tuesday.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Channels

You're looking at how Guaranty Bank & Trust, now operating as Guaranty Bank & Trust, Division of Glacier Bank following the October 1, 2025, merger with Glacier Bancorp, Inc., gets its value proposition to customers.

The channel strategy remains heavily rooted in its Texas footprint, blending physical access with digital convenience, a common approach for regional banks even with high digital adoption rates.

The physical infrastructure is concentrated across key Texas growth corridors:

• - Physical branch locations throughout East Texas, DFW, Houston, and Central Texas.
• - Digital banking platforms: online and mobile banking.
• - ATM network for convenient cash access and transactions.
• - Direct sales force for commercial and wealth management services.

The physical network, as of late 2024 data before the merger completion, included 33 banking locations across 26 Texas communities. These locations serve markets like Dallas, Fort Worth, Houston, Austin, and Georgetown.

The digital channel is critical for daily transactions. While the bank offers online and mobile banking services, the broader market context for late 2025 shows that a significant majority of U.S. bank customers, around 81 percent, prefer managing accounts through a mobile app.

For cash access, the bank relies on its proprietary ATMs and participation in external networks. The bank provides ATM services, and its location finder also points to access via the AllPoint ATMs network.

Relationship-driven services, like commercial lending and wealth management, are delivered through dedicated personnel. News from June 2025 indicated the naming of a Senior Vice President and regional commercial manager, confirming the ongoing focus on this direct sales channel. The total employee count for the parent company, Guaranty Bancshares, Inc., was 502 as of December 31, 2022.

Here's a quick look at the scale of the physical versus digital reach:

The integration into Glacier Bancorp, Inc. means the channels are now part of a much larger system, but the local Texas presence remains the primary interface for many core services.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Customer Segments

You're looking at the customer base of Guaranty Bancshares, Inc. right before the October 1, 2025, merger with Glacier Bancorp, Inc. The data below reflects the bank's focus as of the second quarter of 2025.

The core of the business is serving Texas-based clients across commercial and consumer lines. As of June 30, 2025, Guaranty Bancshares, Inc. reported total assets of $3.14 billion and a total loan portfolio of $2.14 billion, spread across 10,850 active loans.

The loan portfolio composition clearly shows the focus on business and real estate clients:

The individual consumer segment is also reflected in the deposit base. As of June 30, 2025, the bank held 91,436 total deposit accounts, with an average account balance of $29,622.

For the small and middle-market businesses in Texas, the historical data shows a strong presence in that niche:

• - In 2019, Guaranty Bank & Trust, N.A. ranked 4th out of 69 lenders originating small business loans in its Assessment Areas (AA).

The bank also serves other specific segments, though precise 2025 lending figures for these categories weren't detailed in the latest reports:

• - Individual consumers seeking full-service personal banking, evidenced by a wide variety of personal products including checking, savings, mortgage, and personal loans.
• - High-net-worth clients for trust and wealth management services, a service area highlighted in company updates.
• - Low and moderate-income (LMI) communities for Community Reinvestment Act (CRA) lending, an ongoing regulatory commitment.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Cost Structure

The Cost Structure for Guaranty Bancshares, Inc. centers on funding costs, personnel, and the operational overhead of maintaining a regulated banking presence across Texas.

Interest expense on deposits remains a primary cost driver, though management has been effective in reducing the rate paid. The average cost of interest-bearing deposits decreased to 2.76% in Q2 2025, down from 3.32% year-over-year for the same period. This follows a trend where the cost of interest-bearing deposits was 2.83% in Q1 2025. Furthermore, Guaranty Bancshares, Inc. reported no FHLB advance expense in Q2 2025, a cost that was $1.9 million in Q2 2024.

Employee compensation and benefits represent a significant component of operating costs. The expense level showed quarterly fluctuation; for instance, Q1 2025 saw a $1.2 million, or 10.8%, increase in compensation and benefits compared to Q4 2024, partly due to executive incentive retirement plan contributions. However, Q2 2025 noninterest expense decreased by $452,000, or 3.7%, compared to Q1 2025, mainly due to lower bonus-related payroll taxes of $275,000 and a $175,000 reduction in a prior quarter's bonus accrual not present in Q2 2025. Year-over-year for Q2 2025, employee compensation and benefits saw a $65,000, or 0.6%, increase compared to Q2 2024.

Total noninterest expense for Guaranty Bancshares, Inc. was reported at $20.7 million in Q2 2025, an increase of $104,000, or 0.5%, compared to $20.6 million for the second quarter of 2024. This figure was down 2.4% from the $21.2 million reported in Q1 2025. The efficiency ratio improved to 62.32% in Q2 2025 from 66.78% in Q1 2025.

The costs associated with the physical footprint and digital operations are material. Occupancy expenses in Q1 2025 increased by $426,000, or 15.5%, year-over-year, which included $216,000 related to ATM servicing and contracts, plus an increase in depreciation expense of $95,000 from a new full-service location completion. Furthermore, merger-related costs, which include software/technology expense, increased year-over-year in Q2 2025.

Regulatory and compliance costs are inherent to banking and were likely elevated due to the definitive agreement for the all-stock acquisition by Glacier Bancorp, Inc. announced in 2025. This is reflected in the rise of legal/professional and director fees quarter-over-quarter in Q2 2025.

Here's a breakdown of key expense components and related metrics for recent periods:

You can see the direct impact of deposit cost management on the bottom line, which is a key lever in controlling funding expenses. The shift in compensation costs quarter-to-quarter highlights the impact of variable items like bonuses and tax accruals.

• ATM servicing and contracts cost component: $216,000 in Q1 2025.
• Increase in depreciation expense related to new locations in Q1 2025: $95,000.
• Nonperforming Assets to Total Assets as of June 30, 2025: 0.33%.
• Total available contingent liquidity as of Q2 2025: $1.3 billion.

Finance: draft Q3 2025 expense forecast variance analysis by next Tuesday.

Guaranty Bancshares, Inc. (GNTY) - Canvas Business Model: Revenue Streams

You're looking at how Guaranty Bancshares, Inc. actually brings in the money, which for a bank like this, really boils down to the spread between what they earn on assets and what they pay on liabilities, plus fees for services. Here's the quick math on the revenue streams as of the first quarter of 2025.

The primary engine is interest income. The core asset driving this is the loan book. As of March 31, 2025, the gross loans on the books totaled approximately $2.11 billion. This loan portfolio is the main source of interest earnings, which, when combined with investment income and offset by interest paid on deposits, results in the net interest income figure. For Q1 2025, the net interest income, before the provision for credit losses, was reported at $26.7 million.

Interest income from investment securities is the second part of the interest revenue picture, though the specific dollar amount isn't broken out separately from the total interest income in the latest reports. What we do see is that the overall Net Interest Margin (NIM) improved to 3.70% for Q1 2025, up from 3.16% in the same quarter last year, showing effective management of earning asset yields and deposit costs.

Noninterest income streams provide important diversification. For Q1 2025, the total noninterest income was $5.0 million. This figure encompasses the fees you asked about, specifically service charges on deposit accounts and fees generated from trust and wealth management services. Honestly, these fee-based revenues are smaller compared to the net interest income, but they are sticky revenue sources.

When you put it all together, the total revenue for Guaranty Bancshares, Inc. in Q1 2025 was approximately $31.76 million. That number reflects the combined strength of their lending activities and their fee-based services.

Here is a snapshot of the key revenue-related financial data points from Q1 2025:

You can see the main revenue drivers clearly:

• Interest income from loans, supported by gross loans at $2.11 billion in Q1 2025.
• Interest income from investment securities, contributing to the $26.7 million net interest income.
• Noninterest income from service charges on deposit accounts, part of the total noninterest income.
• Noninterest income from trust and wealth management fees, also included in the total noninterest income.
• Q1 2025 total revenue was approximately $31.76 million.

Finance: draft 13-week cash view by Friday.