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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 18,687 $ 16,549
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,268 10,177
Amortization of debt expense 264 265
Amortization of deferred income tax regulatory liability (974) (592)
Provision for expected credit loss 161 153
Deferred income taxes, net 1,477 1,558
Stock compensation 152 172
AFUDC, equity portion (1,216) (772)
Changes in assets and liabilities, net of acquisitions:    
Accounts and other receivables 3,017 2,062
Income tax receivable 439 1,608
Unbilled operating revenues (712) (342)
Materials and supplies 237 1,524
Income tax payable 131 330
Prepaid property taxes 2,002 (1,017)
Prepaid expenses and other (635) 117
Other deferred assets (480) 1,944
Regulatory assets 112 (283)
Regulatory liabilities (2,777) (2,734)
Accounts payable (521) 175
Accrued expenses (444) (184)
Accrued interest 413 (919)
Customer deposits and other, net 280 330
NET CASH PROVIDED BY OPERATING ACTIVITIES 29,881 30,121
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (net of AFUDC, equity portion) (40,513) (30,933)
Proceeds from sale of assets 118 620
NET CASH USED IN INVESTING ACTIVITIES (40,395) (30,313)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments under lines of credit agreements (2,034)  
Borrowings under lines of credit agreements 2,343  
Increase in overdraft payable 4 3,909
Proceeds from contributions in aid of construction and advances 22,734 15,652
Payouts for contributions in aid of construction and advances (1,999) (1,410)
Net proceeds from issuance of common stock 257 260
Issuance of long–term debt 0 758
Dividends paid (9,442) (9,065)
Principal repayments of long-term debt (1,791) (1,714)
NET CASH PROVIDED BY FINANCING ACTIVITIES 10,072 8,390
NET (DECREASE)INCREASE IN CASH AND CASH EQUIVALENTS (442) 8,198
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,147 2,505
CASH AND CASH EQUIVALENTS AT END OF PERIOD 705 10,703
Non-cash Investing and Financing Activity:    
Utility plant received as construction advances and contributions 9,232 7,475
Change in amounts included in accounts payable, accrued payables and other related to capital expenditures 3,149 1,888
Supplemental Disclosures of Cash Flow Information:    
Interest paid 5,837 7,188
Income taxes paid 5,459 4,452
Income taxes refunded $ 50 $ 701