UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
GUARANTY BANCSHARES, INC.
--------------------------------------------------
(Name of Issuer)
COMMON STOCK $1.00 PAR VALUE PER SHARE
--------------------------------------------------------
(Title of Class of Securities)
400764 10 6
--------------------
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP NO. 400764 10 6 13G Page 2 of 5 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
| |
| | WELDON MILLER
- --------------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ]
| | (B)[ ]
| | NONE
- --------------------------------------------------------------------------------
| 3 | SEC USE ONLY
| |
- --------------------------------------------------------------------------------
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
| |
| | UNITED STATES OF AMERICA
- --------------------------------------------------------------------------------
| 5 | SOLE VOTING POWER
NUMBER OF | | 176,887
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | 47,985
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 176,887
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | 47,985
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 224,872
- --------------------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 6.9%
- --------------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON*
| |
| | IN
- --------------------------------------------------------------------------------
Page 2 of 5
<PAGE>
ITEM 1(A)
Name of issuer: The name of the issuer is Guaranty Bancshares, Inc.
("Bancshares").
ITEM 1(B)
Address of issuer's principal executive offices: 100 W. Arkansas, Mount
Pleasant, Texas 75455.
ITEM 2(A)
Name of person filing: The reporting person is Weldon Miller.
ITEM 2(B)
Address or principal business office or, if none, residence: The address of
Weldon Miller is 1125 North Jefferson, Mount Pleasant, Texas 75455.
ITEM 2(C)
Citizenship: Weldon Miller is a citizen of the United States of America.
ITEM 2(D)
Title of class of securities: The class of securities of Bancshares owned
beneficially by Weldon Miller is common stock, $1.00 par value (the "Common
Stock").
ITEM 2(E)
CUSIP Number: 400764 10 6
ITEM 3
Not applicable
ITEM 4
Ownership:
(a) Amount beneficially owned: 224,872 shares of Common Stock, which includes
8,463 shares held of record by Everybody's Furniture Company, of which Mr.
Miller is the President, 38,657 shares held of record by the Everybody's
Furniture Company Profit Sharing Plan and Trust, of which Mr. Miller is
a co-trustee, 865 shares held of record by the Weldon Miller IRA and 865
shares held of record by Mr. Miller's wife's IRA.
Page 3 of 5
<PAGE>
(b) The percent of the class of Common Stock beneficially owned by Weldon Miller
is 6.9%.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 176,887
(ii) Shared power to vote or to direct the vote: 47,985
(iii) Sole power to dispose or to direct the disposition of: 176,887
(iv) Shared power to dispose or to direct the disposition of: 47,985
ITEM 5. OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable
ITEM 10. CERTIFICATION.
Not applicable
Page 4 of 5
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
FEBRUARY 14, 2000
---------------------------
(Date)
/s/ WELDON MILLER
---------------------------
(Signature)
WELDON MILLER
----------------------------
(Name/Title)
Page 5 of 5
