Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
UTILITY PLANT, at original cost	$ 327,481	$ 316,525
Plant acquisition adjustments	(3,713)	(3,522)
Accumulated depreciation	(63,689)	(59,809)
Net utility plant	260,079	253,194
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $305 in 2015 and $286 in 2014	750	765
CURRENT ASSETS:
Cash and cash equivalents	1,148	1,488
Restricted cash	1	7
Accounts receivable, net of reserves of $335 in 2015 and $325 in 2014	4,310	3,991
Unbilled revenues	2,522	2,377
Recoverable income taxes	275	957
Materials and supplies inventories, at cost	792	771
Prepaid expenses	882	584
Deferred income taxes	229	1,058
Total current assets	10,159	11,233
OTHER LONG-TERM ASSETS:
Deferred debt expense	2,776	2,573
Notes receivable	255	266
Deferred regulatory assets	32,666	32,614
Other assets	3,524	3,694
Total other long-term assets	39,221	39,147
Total Assets	310,209	304,339
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 12,792,058 shares in 2015 and 12,830,521 shares in 2014	76,823	77,556
Retained earnings	30,227	27,007
Total common stockholders' equity	107,050	104,563
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	$ 87,269	$ 84,842
COMMITMENTS
CURRENT LIABILITIES:
Current portion of long-term debt	$ 43	$ 43
Accounts payable	1,959	1,589
Dividends payable	1,640	1,647
Accrued compensation and benefits	1,093	1,078
Accrued interest	1,036	1,027
Other accrued expenses	489	546
Total current liabilities	6,260	5,930
DEFERRED CREDITS:
Customers' advances for construction	11,399	10,712
Deferred income taxes	47,604	46,024
Deferred employee benefits	12,394	13,727
Other deferred credits	7,107	7,489
Total deferred credits	78,504	77,952
Contributions in aid of construction	31,126	31,052
Total Stockholders' Equity and Liabilities	$ 310,209	$ 304,339