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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
INTEREST INCOME        
Interest and fees on loans $ 111,496 $ 108,018 $ 222,198 $ 215,804
Interest and fees on loans held for sale 0 91 0 176
Interest on investment securities 53,016 53,233 98,035 98,192
Interest on short-term federal funds sold and securities purchased under agreements to resell 24 28 50 37
Interest on long-term securities purchased under agreements to resell 2,943 5,810 7,094 11,639
Interest on deposits with banks 88 75 188 152
Total interest income 167,567 167,255 327,565 326,000
INTEREST EXPENSE        
Savings, interest checking and money market 3,358 3,375 6,664 7,299
Time open and C.D.'s of less than $100,000 1,063 1,656 2,183 3,405
Time open and C.D.'s of $100,000 and over 1,515 1,667 2,967 3,366
Interest on federal funds purchased and securities sold under agreements to repurchase 263 270 466 488
Interest on other borrowings 875 829 1,726 1,641
Total interest expense 7,074 7,797 14,006 16,199
Net interest income 160,493 159,458 313,559 309,801
Provision for loan losses 7,555 7,379 17,215 10,664
Net interest income after provision for loan losses 152,938 152,079 296,344 299,137
NON-INTEREST INCOME        
Bank card transaction fees 44,444 40,700 86,161 79,250
Trust fees 27,765 25,734 54,338 50,903
Deposit account charges and other fees 19,709 19,602 38,299 38,314
Capital market fees 3,246 3,305 7,116 7,696
Consumer brokerage services 2,972 2,853 5,719 5,539
Loan fees and sales 1,211 1,314 2,420 2,787
Other 9,416 9,168 17,337 18,064
Total non-interest income 108,763 102,676 211,390 202,553
INVESTMENT SECURITIES GAINS (LOSSES), NET        
Impairment (losses) reversals on debt securities (785) (293) (848) 1,096
Noncredit-related losses (reversals) on securities not expected to be sold 154 (195) (129) (2,026)
Net impairment gains (losses) (631) (488) (977) (930)
Realized gains (losses) on sales and fair value adjustments (1,927) (1,080) 8,456 (2,803)
Investment securities gains, net (2,558) (1,568) 7,479 (3,733)
NON-INTEREST EXPENSE        
Salaries and employee benefits 94,849 89,569 189,112 180,450
Net occupancy 11,151 11,234 22,767 22,469
Equipment 4,525 4,680 9,029 9,363
Supplies and communication 5,486 5,797 11,185 11,386
Data processing and software 19,578 19,584 38,665 38,535
Marketing 3,949 4,048 7,630 7,407
Deposit insurance 2,892 2,790 5,786 5,557
Other 20,501 19,264 41,097 36,836
Total non-interest expense 162,931 156,966 325,271 312,003
Income before income taxes 96,212 96,221 189,942 185,954
Less income taxes 30,312 30,182 59,921 59,107
Net income 65,900 66,039 130,021 126,847
Less non-controlling interest expense (631) 234 (823) 25
Net income attributable to Commerce Bancshares, Inc. 66,531 65,805 130,844 126,822
Preferred Stock Dividends, Income Statement Impact 0 0 0 0
Net Income (Loss) Available to Common Stockholders, Basic $ 66,531 $ 65,805 $ 130,844 $ 126,822
Net income per common share - basic $ 0.70 $ 0.69 $ 1.37 $ 1.33
Net income per common share - diluted $ 0.70 $ 0.69 $ 1.37 $ 1.32