A Message From Our CEO

March 13, 2023

Dear Customers,

You have likely heard about the recent bank failures in California and in New York. Unlike those niche banks, Guaranty does not hold riskier assets like crypto-currencies, venture capital loans, or significant long duration securities. We maintain a conservative balance sheet focused on traditional community banking, with core deposit and loan relationships. This philosophy has helped us weather significant economic and world events over the past 110 years. This period includes the severe recession in Texas in the late 1980’s, the economic impact of 9/11, the financial crisis in 2008, the impact of the worldwide pandemic in 2020 and this current period of economic uncertainty. Headlines in recent days have generated questions and concerns about the banking industry as a whole. However, like prior economic events and periods, there will be strong banks like Guaranty that weather this storm well and, in fact, grow through these times due to the confidence our customers have in our Bank. This has been the outcome of prior uncertain times.

In short, we have a tried and true banking philosophy that has served our customers and Bank well during our 110 years of business. We maintain that conservative position for times like today.

If you ever have any questions about Guaranty Bank & Trust, or if we can serve you in any way, please feel free to contact us any time.

Ty Abston
Chief Executive Officer
Guaranty Bank & Trust

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