OTHER DEFERRED ASSETS

3 Months Ended

Mar. 31, 2025

OTHER DEFERRED ASSETS [Abstract]

OTHER DEFERRED ASSETS

NOTE 10 – OTHER DEFERRED ASSETS

The investment in CoBank, ACB, or CoBank, which is a cooperative bank, is related to certain outstanding First Mortgage Bonds and is a required investment in the bank based on the underlying long-term debt agreements.

(in thousands)	March 31, 2025		December 31, 2024
Investment in CoBank	$	6,889	$	6,425
Other deferred assets		109		100
	$	6,998	$	6,525