Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
UTILITY PLANT, at original cost	$ 364,053	$ 343,412
Plant acquisition adjustments	(3,249)	(3,667)
Accumulated depreciation	(73,194)	(68,838)
Net utility plant	287,610	270,907
OTHER PHYSICAL PROPERTY, net of accumulated depreciation of $373 in 2017 and $353 in 2016	750	745
CURRENT ASSETS:
Cash and cash equivalents	2	4,209
Accounts receivable, net of reserves of $322 in 2017 and $305 in 2016	4,377	4,296
Unbilled revenues	2,425	2,429
Recoverable income taxes	0	282
Materials and supplies inventories, at cost	881	746
Prepaid expenses	909	658
Total current assets	8,594	12,620
OTHER LONG-TERM ASSETS:
Notes receivable	255	255
Deferred regulatory assets	34,386	33,027
Other assets	3,184	2,940
Total other long-term assets	37,825	36,222
Total Assets	334,779	320,494
COMMON STOCKHOLDERS' EQUITY:
Common stock, no par value, authorized 46,500,000 shares, shares issued 12,859,432 in 2017 and 12,852,295 in 2016, shares outstanding 12,859,432 in 2017 and 12,852,295 in 2016	78,753	78,513
Retained earnings	38,820	35,548
Total common stockholders' equity	117,573	114,061
PREFERRED STOCK, authorized 500,000 shares, no shares issued	0	0
LONG-TERM DEBT, excluding current portion	88,930	84,609
COMMITMENTS
CURRENT LIABILITIES:
Short-term borrowings	1,000	0
Current portion of long-term debt	44	44
Accounts payable	3,992	3,669
Dividends payable	1,810	1,803
Accrued compensation and benefits	1,133	1,233
Accrued income taxes	184	0
Accrued interest	1,432	921
Other accrued expenses	483	514
Total current liabilities	10,078	8,184
DEFERRED CREDITS:
Customers' advances for construction	7,950	7,102
Deferred income taxes	58,809	54,169
Deferred employee benefits	7,967	8,990
Other deferred credits	6,639	6,725
Total deferred credits	81,365	76,986
Contributions in aid of construction	36,833	36,654
Total Stockholders' Equity and Liabilities	$ 334,779	$ 320,494