Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
UTILITY PLANT, at original cost	$ 286,575	$ 281,002
Plant acquisition adjustments	(2,633)	(2,658)
Accumulated depreciation	(48,271)	(46,067)
Net utility plant	235,671	232,277
OTHER PHYSICAL PROPERTY:
Net of accumulated depreciation of $210 in 2012 and $203 in 2011	695	702
CURRENT ASSETS:
Cash and cash equivalents	2,899	4,006
Accounts receivable, net of reserves of $344 in 2012 and $334 in 2011	3,697	3,705
Unbilled revenues	2,254	2,258
Recoverable income taxes	0	197
Materials and supplies inventories, at cost	775	692
Prepaid expenses	505	303
Deferred income taxes	235	228
Total current assets	10,365	11,389
OTHER LONG-TERM ASSETS:
Deferred debt expense	2,344	2,396
Notes receivable	351	368
Deferred regulatory assets	23,188	23,114
Restricted cash-compensating balance	500	500
Other assets	3,525	3,473
Total other long-term assets	29,908	29,851
Total Assets	276,639	274,219
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 12,855,471 shares in 2012 and 12,791,671 shares in 2011	78,205	77,113
Retained earnings	18,872	18,152
Total common stockholders' equity	97,077	95,265
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	84,954	84,975
COMMITMENTS
CURRENT LIABILITIES:
Current portion of long-term debt	42	42
Accounts payable	1,268	1,110
Dividends payable	1,487	1,481
Accrued compensation and benefits	1,016	1,012
Accrued income taxes	37	0
Accrued interest	1,066	1,065
Other accrued expenses	486	573
Total current liabilities	5,402	5,283
DEFERRED CREDITS:
Customers' advances for construction	13,753	13,761
Deferred income taxes	30,981	29,809
Deferred employee benefits	13,894	14,660
Other deferred credits	3,601	3,489
Total deferred credits	62,229	61,719
Contributions in aid of construction	26,977	26,977
Total Stockholders' Equity and Liabilities	$ 276,639	$ 274,219