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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME    
Interest and fees on loans $ 119,333 $ 111,286
Interest and fees on loans held for sale 135 21
Interest on investment securities 48,891 38,436
Interest on federal funds sold and short-term securities purchased under agreements to resell 24 9
Interest on long-term securities purchased under agreements to resell 3,475 3,051
Interest on deposits with banks 270 179
Total interest income 172,128 152,982
INTEREST EXPENSE    
Savings, interest checking and money market 3,484 3,308
Time open and C.D.'s of less than $100,000 742 880
Time open and C.D.'s of $100,000 and over 1,986 1,410
Interest on federal funds purchased and securities sold under agreements to repurchase 888 367
Interest on other borrowings 1,253 879
Total interest expense 8,353 6,844
Net interest income 163,775 146,138
Provision for loan losses 9,439 4,420
Net interest income after provision for loan losses 154,336 141,718
NON-INTEREST INCOME    
Bank card transaction fees 44,470 42,299
Trust fees 30,370 29,586
Deposit account charges and other fees 20,691 18,499
Capital market fees 2,725 3,002
Consumer brokerage services 3,509 3,336
Loan fees and sales 2,510 2,089
Other 14,749 7,763
Total non-interest income 119,024 106,574
INVESTMENT SECURITIES GAINS (LOSSES), NET    
Investment securities gains (losses), net [1] (995) 6,035
NON-INTEREST EXPENSE    
Salaries and employee benefits 106,859 98,074
Net occupancy 11,303 11,561
Equipment 4,634 4,703
Supplies and communication 6,829 5,581
Data processing and software 22,899 19,506
Marketing 3,813 3,918
Deposit insurance 3,165 3,001
Other 17,971 17,501
Total non-interest expense 177,473 163,845
Income before income taxes 94,892 90,482
Less income taxes 29,370 28,468
Net income 65,522 62,014
Less non-controlling interest expense 148 959
Net income attributable to Commerce Bancshares, Inc. 65,374 61,055
Preferred Stock Dividends 2,250 2,250
Net Income (Loss) Available to Common Stockholders $ 63,124 $ 58,805
Net income per common share - basic $ 0.65 $ 0.58
Net income per common share - diluted $ 0.65 $ 0.58
[1] Available for sale and non-marketable securities