Guaranty Bancshares Inc., the parent company of Guaranty Bank & Trust, N.A., has reported its financial results for the second quarter of 2025. The company achieved a net income of $10.0 million, or $0.88 per basic share, marking an increase from $8.6 million, or $0.76 per basic share in the previous quarter, and $7.4 million, or $0.65 per basic share for the same quarter in 2024. Net interest income saw a significant rise, reaching $27.7 million for the second quarter of 2025, up from $23.9 million in the corresponding quarter of the previous year. This increase was primarily driven by a $3.8 million or 15.8% rise, attributable to a decrease in interest expense by $3.3 million or 19.9%. The reduction in interest expense was largely due to the absence of $1.2 million in interest expense on FHLB advances, which were present in the second quarter of 2024, and a 100 basis point interest rate reduction by the Federal Reserve in late 2024. Return on average assets and average equity improved to 1.28% and 12.19%, respectively, for the second quarter of 2025, compared to 1.13% and 10.83% for the first quarter of 2025, and 0.95% and 9.91% for the second quarter of 2024.