Balance Sheets (Unaudited) (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
UTILITY PLANT, at original cost	$ 279,067	$ 272,565
Plant acquisition adjustments	(2,671)	(2,709)
Accumulated depreciation	(45,340)	(42,179)
Net utility plant	231,056	227,677
OTHER PHYSICAL PROPERTY:
Net of accumulated depreciation of $202 in 2011and $190 in 2010	700	712
CURRENT ASSETS:
Cash and cash equivalents	3,861	1,327
Accounts receivable, net of reserves of $362 in 2011 and $245 in 2010	3,848	3,769
Unbilled revenues	2,051	2,503
Recoverable income taxes	289	21
Materials and supplies inventories, at cost	722	608
Prepaid expenses	425	398
Deferred income taxes	247	167
Total current assets	11,443	8,793
OTHER LONG-TERM ASSETS:
Deferred debt expense	2,422	2,501
Notes receivable	374	407
Deferred regulatory assets	17,782	15,821
Restricted cash-compensating balance	500	500
Other assets	3,264	3,520
Total other long-term assets	24,342	22,749
Total Assets	267,541	259,931
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 12,767,783 shares in 2011 and 12,692,054 shares in 2010	76,713	75,481
Retained earnings	17,736	15,776
Total common stockholders' equity	94,449	91,257
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	84,986	85,132
COMMITMENTS
CURRENT LIABILITIES:
Current portion of long-term debt	92	41
Accounts payable	1,032	1,245
Dividends payable	1,448	1,440
Accrued compensation and benefits	995	985
Accrued interest	1,222	1,068
Other accrued expenses	586	552
Total current liabilities	5,375	5,331
DEFERRED CREDITS:
Customers' advances for construction	14,828	15,031
Deferred income taxes	29,285	25,437
Deferred employee benefits	9,334	9,814
Other deferred credits	3,335	2,003
Total deferred credits	56,782	52,285
Contributions in aid of construction	25,949	25,926
Total Stockholders' Equity and Liabilities	$ 267,541	$ 259,931