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Common Stock (Tables)
6 Months Ended
Jun. 30, 2015
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 12.
 
For the Three Months Ended June 30
 
For the Six Months Ended June 30
(In thousands, except per share data)
2015
2014
 
2015
2014
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
74,353

$
66,531

 
$
135,408

$
130,844

Less preferred stock dividends
2,250


 
4,500


Net income available to common shareholders
72,103

66,531

 
130,908

130,844

Less income allocated to nonvested restricted stock
997

856

 
1,793

1,658

  Net income allocated to common stock
$
71,106

$
65,675

 
$
129,115

$
129,186

Weighted average common shares outstanding
94,380

98,206

 
94,832

98,855

   Basic income per common share
$
.75

$
.67

 
$
1.36

$
1.31

Diluted income per common share:
 
 
 
 
 
Net income available to common shareholders
$
72,103

$
66,531

 
$
130,908

$
130,844

Less income allocated to nonvested restricted stock
995

854

 
1,789

1,653

  Net income allocated to common stock
$
71,108

$
65,677

 
$
129,119

$
129,191

Weighted average common shares outstanding
94,380

98,206

 
94,832

98,855

  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
322

403

 
311

423

  Weighted average diluted common shares outstanding
94,702

98,609

 
95,143

99,278

    Diluted income per common share
$
.75

$
.66

 
$
1.36

$
1.30