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Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statements of Income [Abstract]        
OPERATING REVENUES $ 14,257 $ 13,680 $ 40,454 $ 38,559
OPERATING EXPENSES:        
Operation and maintenance 2,659 2,586 7,940 7,639
Administrative and general 2,257 2,172 6,573 6,181
Depreciation and amortization 2,046 1,926 6,113 5,750
Taxes other than income taxes 274 281 898 914
Operating expenses 7,236 6,965 21,524 20,484
Operating income 7,021 6,715 18,930 18,075
OTHER INCOME (EXPENSES):        
Interest on debt (1,152) (1,314) (3,503) (3,937)
Allowance for funds used during construction 115 117 330 273
Other pension costs (341) (362) (1,022) (1,088)
Gain on life insurance 0 0 515 0
Other income (expenses), net (41) (81) (287) (353)
Other income (expenses) (1,419) (1,640) (3,967) (5,105)
Income before income taxes 5,602 5,075 14,963 12,970
Income taxes 898 592 2,075 1,957
Net Income $ 4,704 $ 4,483 $ 12,888 $ 11,013
Basic Earnings Per Share (in dollars per share) $ 0.36 $ 0.35 $ 0.99 $ 0.85
Diluted Earnings Per Share (in dollars per share) $ 0.36 $ 0.35 $ 0.99 $ 0.85