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Common Stock (Tables)
6 Months Ended
Jun. 30, 2014
Common Stock [Abstract]  
Summary Of Components Used To Calculate Basic And Diluted Income Per Share
Presented below is a summary of the components used to calculate basic and diluted income per share. The Company applies the two-class method of computing income per share, as nonvested share-based awards that contain nonforfeitable rights to dividends are considered securities which participate in undistributed earnings with common stock. The two-class method requires the calculation of separate income per share amounts for the nonvested share-based awards and for common stock. Income per share attributable to common stock is shown in the table below. Nonvested share-based awards are further discussed in Note 13.
 
For the Three Months Ended June 30
 
For the Six Months Ended June 30
(In thousands, except per share data)
2014
2013
 
2014
2013
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
66,531

$
65,805

 
$
130,844

$
126,822

Less preferred stock dividends


 


Net income available to common shareholders
66,531

65,805

 
130,844

126,822

Less income allocated to nonvested restricted stock
856

750

 
1,658

1,344

  Net income allocated to common stock
$
65,675

$
65,055

 
$
129,186

$
125,478

Weighted average common shares outstanding
93,529

94,273

 
94,148

94,496

   Basic income per common share
$
.70

$
.69

 
$
1.37

$
1.33

Diluted income per common share:
 
 
 
 
 
Net income available to common shareholders
$
66,531

$
65,805

 
$
130,844

$
126,822

Less income allocated to nonvested restricted stock
854

747

 
1,653

1,340

  Net income allocated to common stock
$
65,677

$
65,058

 
$
129,191

$
125,482

Weighted average common shares outstanding
93,529

94,273

 
94,148

94,496

  Net effect of the assumed exercise of stock-based awards - based on
 
 
 
 
 
    the treasury stock method using the average market price for the respective periods
384

394

 
402

320

  Weighted average diluted common shares outstanding
93,913

94,667

 
94,550

94,816

    Diluted income per common share
$
.70

$
.69

 
$
1.37

$
1.32