Guaranty earnings, net income rise in 2Q

Earnings were 56 cents per share, up from 53 cents the same quarter last year. Earnings per share are $1.12 for the first six months of the year, up from 96 cents last year.

Second-quarter net income rose 9 percent over the same quarter in 2005, from $1.45 million to $1.58 million.

Net interest income increased 13 percent over the prior year’s quarter, from $3.54 million to $4.04 million.

Guaranty Bank has eight locations and 20 automated teller machines in Greene and Christian counties. Shares of the holding company’s stock (Nasdaq: GFED) closed July 14 at $28.90, compared to $28.33 the day before and a 52-week range of $23.02 to $30.59.