Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
UTILITY PLANT, at original cost	$ 653,263	$ 620,201
Plant acquisition adjustments	(9,437)	(9,384)
Accumulated depreciation	(122,158)	(117,113)
Net utility plant	521,668	493,704
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $526 in 2024 and $501 in 2023	1,544	1,569
CURRENT ASSETS:
Cash and cash equivalents	1	1
Accounts receivable, net of reserves of $1,455 in 2024 and $1,005 in 2023	7,712	7,837
Unbilled revenues	3,490	3,484
Recoverable income taxes	0	332
Materials and supplies inventories, at cost	3,775	3,109
Prepaid expenses	1,776	821
Total current assets	16,754	15,584
OTHER LONG-TERM ASSETS:
Prepaid pension cost	24,006	23,380
Note receivable	255	255
Deferred regulatory assets	52,110	48,949
Other assets	5,083	4,764
Total other long-term assets	81,454	77,348
Total Assets	621,420	588,205
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 14,371,929 shares in 2024 and 14,332,245 shares in 2023	137,576	136,174
Retained earnings	91,112	85,004
Total common stockholders' equity	228,688	221,178
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT	198,439	180,007
COMMITMENTS
CURRENT LIABILITIES:
Accounts payable	11,503	10,873
Dividends payable	2,780	2,754
Accrued compensation and benefits	1,744	1,629
Accrued income taxes	336	0
Accrued interest	1,326	1,741
Deferred regulatory liabilities	809	644
Other accrued expenses	511	502
Total current liabilities	19,009	18,143
DEFERRED CREDITS:
Customers' advances for construction	20,939	18,853
Deferred income taxes	58,964	55,235
Deferred employee benefits	3,719	3,847
Deferred regulatory liabilities	43,124	42,989
Other deferred credits	650	632
Total deferred credits	127,396	121,556
Contributions in aid of construction	47,888	47,321
Total Stockholders' Equity and Liabilities	$ 621,420	$ 588,205