ARTHUR B. SCHARLACH, JR. - Corporate Board Profile

GUARANTY BANCSHARES INC /TX/

Filing Date	Source Excerpt
2002-03-15	Arthur B. Scharlach, Jr. Mr. Scharlach is President and director of the Company and President, Chief Executive Officer and director of the Bank. He joined the Bank in 1970 as a Vice President and Loan Officer and was elected to the Bank's Board of Directors in 1971. He was elected a Senior Vice President of the Bank in 1974, President in 1979, Chief Operating Officer in 1983 and Chief Executive Officer in 1989. He has served as a director of the Company since its inception and as President since 1992. Directors of the Company receive fees for attending Company Board meetings. Inside directors are paid $200 for each meeting attended, and outside directors are paid $450 for each meeting attended. The Board of Directors of the Bank also meets monthly. Inside directors of the Bank are paid $400 for each meeting of the Bank's Board of Directors attended, and outside directors are paid $500 for each meeting attended. An Executive Committee meets weekly and consists of all current members of the Board of Directors of the Company and Messrs. Abston and Priefert. Inside directors are paid $250 for each Executive Committee meeting attended and outside directors are paid $300 for each Executive Committee meeting attended. Arthur B. Scharlach, Jr.'s 2001 compensation was $243,130 salary, $56,254 bonus, and $123,574 other compensation.
2003-03-14	Arthur B. Scharlach, Jr. Mr. Scharlach is President, Chief Executive Officer and a director of the Company and Chairman of the Board and Chief Executive Officer of the Bank. He joined the Bank in 1970 as a Vice President and Loan Officer and was elected to the Bank's Board of Directors in 1971. He was elected a Senior Vice President of the Bank in 1974, President in 1979, Chief Operating Officer in 1983 and Chief Executive Officer in 1989. In 2002 he was elected to Chairman and CEO of the Bank. He has served as a director of the Company since its inception and as President since 1992 and in 2002 was elected Chief Executive Officer.
2004-03-17	Arthur B. Scharlach, Jr. Mr. Scharlach is President, Chief Executive Officer and a director of the Company and Chairman of the Board and Chief Executive Officer of the Bank. Summary Compensation Table shows 2003 total compensation as $266,548 salary + $64,230 bonus + $0 other + $139,420 all other = $470,198.
2005-03-18	Arthur B. Scharlach, Jr., 65, Class II Director, Chairman of the Board and Chief Executive Officer of the Company; Director, Chairman of the Board and Chief Executive Officer of the Bank. Total annual compensation includes $269,548 salary, $43,746 bonus, and $108,475 other compensation in 2004.
2005-09-14	Arthur B. Scharlach, Jr. Mr. Scharlach is Chairman of the Board and Chief Executive Officer of Guaranty and Chairman of the Board and Chief Executive Officer of the Bank. He joined the Bank in 1970 as a Vice President and Loan Officer and was elected to the Banks Board of Directors in 1971. He was elected a Senior Vice President of the Bank in 1974, President in 1979, Chief Operating Officer in 1983 and Chief Executive Officer in 1989. In 2002 he was elected to Chairman and Chief Executive Officer of the Bank. He has served as a director of Guaranty since its inception and as President since 1992 and in 2002 was elected Chief Executive Officer. In 2004, he was elected Chairman of the Board of Guaranty.
2018-04-05	Mr. Scharlach has served as a director of the Company since 1979 and served as a director of the Bank from 1971 until December 2014. ... The following table sets forth compensation paid, earned or awarded during 2017 to each of our directors other than directors Abston, Lee and Payne... Arthur B. Scharlach, Jr.: $38,625.
2019-04-12	Mr. Scharlach serves as a member of our Compensation Committee and our Corporate Governance and Nominating Committee.