Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
UTILITY PLANT, at original cost	$ 337,342	$ 329,415
Plant acquisition adjustments	(3,606)	(3,724)
Accumulated depreciation	(68,325)	(64,271)
Net utility plant	265,411	261,420
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $346 in 2016 and $329 in 2015	755	769
CURRENT ASSETS:
Cash and cash equivalents	6,199	2,879
Accounts receivable, net of reserves of $321 in 2016 and $315 in 2015	4,404	3,535
Unbilled revenues	2,369	2,614
Recoverable income taxes	76	1,049
Materials and supplies inventories, at cost	779	771
Prepaid expenses	1,014	729
Total current assets	14,841	11,577
OTHER LONG-TERM ASSETS:
Notes receivable	255	255
Deferred regulatory assets	34,015	32,996
Other assets	2,868	3,516
Total other long-term assets	37,138	36,767
Total Assets	318,145	310,533
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, issued and outstanding 12,869,696 shares in 2016 and 12,812,377 shares in 2015	78,956	77,317
Retained earnings	34,663	31,753
Total common stockholders' equity	113,619	109,070
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	84,584	84,518
COMMITMENTS
CURRENT LIABILITIES:
Current portion of long-term debt	54	44
Accounts payable	1,647	1,772
Dividends payable	1,742	1,708
Accrued compensation and benefits	1,200	1,174
Accrued interest	1,104	976
Other accrued expenses	457	523
Total current liabilities	6,204	6,197
DEFERRED CREDITS:
Customers' advances for construction	8,532	7,500
Deferred income taxes	52,815	50,280
Deferred employee benefits	9,590	11,079
Other deferred credits	7,556	6,959
Total deferred credits	78,493	75,818
Contributions in aid of construction	35,245	34,930
Total Stockholders' Equity and Liabilities	$ 318,145	$ 310,533