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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
OPERATING REVENUES:        
Operating Revenues $ 16,481,127 $ 16,384,605 $ 49,396,262 $ 49,349,790
OPERATING EXPENSES:        
Plant Operations (Excluding Depreciation and Amortization) 3,677,595 3,338,967 10,770,036 10,091,585
Cost of Video 2,505,185 2,595,189 7,604,067 8,051,667
Cost of Data 997,843 923,944 3,098,866 2,767,166
Cost of Other Nonregulated Services 393,212 384,662 1,181,518 1,147,930
Depreciation and Amortization 3,520,963 3,174,698 10,512,317 9,370,552
Selling, General and Administrative 2,264,090 2,509,874 7,571,025 7,728,530
Total Operating Expenses 13,358,888 12,927,334 40,737,829 39,157,430
OPERATING INCOME 3,122,239 3,457,271 8,658,433 10,192,360
OTHER (EXPENSE) INCOME        
Interest Expense (1,083,162) (522,832) (2,106,225) (1,616,031)
Interest/Dividend Income 24,132 22,235 260,540 182,065
Interest During Construction 106,229 21,957 199,069 42,227
Gain on PPP Loan Forgiveness 2,912,433
Gain on Investments 217,876 217,876
CoBank Patronage Dividends 567,468 625,490
Other Investment Income 144,140 139,833 431,517 244,776
Total Other Income (Expense) (590,785) (338,807) (429,755) 2,390,960
INCOME BEFORE INCOME TAXES 2,531,454 3,118,464 8,228,678 12,583,320
INCOME TAXES 708,806 873,168 2,304,023 2,714,400
NET INCOME $ 1,822,648 $ 2,245,296 $ 5,924,655 $ 9,868,920
NET INCOME PER SHARE        
Basic (in Dollars per share) $ 0.36 $ 0.43 $ 1.16 $ 1.9
Diluted (in Dollars per share) 0.36 0.43 1.16 1.89
DIVIDENDS PER SHARE (in Dollars per share) $ 0.14 $ 0.14 $ 0.42 $ 0.41
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in Shares) 5,084,578 5,208,491 5,091,391 5,207,341
Diluted (in Shares) 5,115,477 5,219,374 5,112,358 5,216,453
Voice Services [Member]        
OPERATING REVENUES:        
Operating Revenues $ 1,404,890 $ 1,543,749 $ 4,321,047 $ 4,639,793
Network Access [Member]        
OPERATING REVENUES:        
Operating Revenues 1,190,870 1,333,767 3,685,145 4,260,892
Video Service [Member]        
OPERATING REVENUES:        
Operating Revenues 3,126,733 3,186,355 9,446,613 9,452,955
Data Service [Member]        
OPERATING REVENUES:        
Operating Revenues 6,797,329 6,434,544 20,288,217 19,071,081
A-CAM/FUSF [Member]        
OPERATING REVENUES:        
Operating Revenues 2,952,651 2,919,496 8,737,738 8,841,657
Other Non-Regulated [Member]        
OPERATING REVENUES:        
Operating Revenues $ 1,008,654 $ 966,694 $ 2,917,502 $ 3,083,412