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Capitalization (Tables)

12 Months Ended

Dec. 31, 2022

Capitalization [Abstract]

Schedule of long-term debt

Year		(Millions of Dollars) Annual Maturities
2023		$	17.5
2024		$	7.4
2025		$	6.9
2026		$	6.7
2027		$	6.4
Thereafter		$	261.5

Schedule of basic and diluted earnings per share

		(In Thousands, Except Per Share Amounts)
		2022								2021								2020
Basic:		Income				Shares				Income				Shares				Income				Shares
Net Income		$	42,429				17,597			$	36,543				17,492			$	38,425				17,459
Preferred Dividend			(120	)							(120	)							(120	)
Earnings Applicable to Common Stock		$	42,309				17,597			$	36,423				17,492			$	38,305				17,459
Basic EPS		$	2.40							$	2.08							$	2.19
Diluted:
Earnings Applicable to Common Stock		$	42,309				17,597			$	36,423				17,492			$	38,305				17,459
$7.00 Series Dividend			67				115				67				115				67				115
Adjusted Earnings Applicable to Common Stock		$	42,376				17,712			$	36,490				17,607			$	38,372				17,574
Diluted EPS		$	2.39							$	2.07							$	2.18

Schedule of carrying amount and fair value of the bonds

		(Thousands of Dollars)
		At December 31,
		2022								2021
		Carrying				Fair				Carrying				Fair
		Amount				Value				Amount				Value
FMBs		$	147,269			$	138,756			$	98,828			$	107,781

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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-Name Accounting Standards Codification
-Topic 470
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