Guaranty Bancshares, Inc. (NYSE:GNTY) Q2 2022 Earnings Conference Call July 18, 2022 11:00 AM ET
Company Participants
Ty Abston - Chairman & Chief Executive Officer
Cappy Payne - Senior Executive Vice President & Chief Financial Officer
Shalene Jacobson - Executive Vice President & Chief Financial Officer of the Bank
Conference Call Participants
Matt Olney - Stephens
Brady Gailey - KBW
Brad Milsaps - Piper Sandler
Michael Rose - Raymond James
Operator
Good morning, and welcome to the Guaranty Bancshares' Second Quarter 2022 Earnings Call. My name is Nona Branch, and I will be your operator for today's call. This call is being recorded. After the prepared remarks, there will be a Q&A session.
Our host for today's call will be Ty Abston, Chairman and Chief Executive Officer of the company; Cappy Payne, Senior Executive Vice President and Chief Financial Officer of the company; Shalene Jacobson, Executive Vice President and Chief Financial Officer of the Bank.
To begin our call, I will now turn it over to our CEO, Ty Abston.
Ty Abston
Thank you, Nona. Good morning everyone and again, welcome to our second quarter earnings call for 2022. As outlined in our press release, we did have a good quarter had strong growth and good earnings for the bank. We remain cautiously optimistic. Our state is doing well. Texas has a lot of growth going on. We're more cautious though with -- like everyone else with the rates and everything going on from a macro standpoint. We're going to go through our slide deck and Cappy and Shalene will go through that, and then we'll answer questions at the end of the presentation. Cappy?
Cappy Payne
Okay Ty. Thank you. Good morning. I'll just briefly recap some of the highlights of the earnings release. And you can see our total assets at the end of Q2 were $3.28 billion, that's up $91 million during the quarter and that's up $195 million for the year for the first six months.
And diving into the balance sheet, I guess, on the asset side of the balance sheet, probably the focus is on loans and securities. Our total loans ex-PPP and warehouse were up $140 million for the quarter at 7.1% and a total of $297 million for the year-to-date for the first six months, roughly 16%.
Our new loan originations were strong, actually higher than Q1, but our payoffs were elevated a little bit also from Q1. Shalene will go over some of the little more detail here in just a minute in some of the loan yields and what we're doing in the loan portfolio. But looking at the securities portfolio, you'll notice a few changes.