Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
UTILITY PLANT, at original cost	$ 334,244	$ 329,415
Plant acquisition adjustments	(3,621)	(3,724)
Accumulated depreciation	(66,941)	(64,271)
Net utility plant	263,682	261,420
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $341 in 2016 and $329 in 2015	757	769
CURRENT ASSETS:
Cash and cash equivalents	5,009	2,879
Accounts receivable, net of reserves of $334 in 2016 and $315 in 2015	3,814	3,535
Unbilled revenues	2,444	2,614
Recoverable income taxes	10	1,049
Materials and supplies inventories, at cost	765	771
Prepaid expenses	971	729
Total current assets	13,013	11,577
OTHER LONG-TERM ASSETS:
Notes receivable	255	255
Deferred regulatory assets	33,368	32,996
Other assets	2,964	3,516
Total other long-term assets	36,587	36,767
Total Assets	314,039	310,533
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 12,867,736 shares in 2016 and 12,812,377 shares in 2015	78,885	77,317
Retained earnings	33,092	31,753
Total common stockholders' equity	111,977	109,070
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	84,569	84,518
COMMITMENTS
CURRENT LIABILITIES:
Current portion of long-term debt	44	44
Accounts payable	1,609	1,772
Dividends payable	1,735	1,708
Accrued compensation and benefits	1,181	1,174
Accrued interest	980	976
Other accrued expenses	465	523
Total current liabilities	6,014	6,197
DEFERRED CREDITS:
Customers' advances for construction	8,063	7,500
Deferred income taxes	51,357	50,280
Deferred employee benefits	9,327	11,079
Other deferred credits	7,628	6,959
Total deferred credits	76,375	75,818
Contributions in aid of construction	35,104	34,930
Total Stockholders' Equity and Liabilities	$ 314,039	$ 310,533