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Common Stock (Tables)
6 Months Ended
Jun. 30, 2017
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)
2017
2016
 
2017
2016
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
78,960

$
69,893

 
$
150,464

$
135,267

Less preferred stock dividends
2,250

2,250

 
4,500

4,500

Net income available to common shareholders
$
76,710

$
67,643

 
145,964

130,767

Less income allocated to nonvested restricted stock
943

940

 
1,888

1,834

  Net income allocated to common stock
$
75,767

$
66,703

 
$
144,076

$
128,933

Weighted average common shares outstanding
100,555

100,151

 
100,463

100,247

   Basic income per common share
$
.75

$
.67

 
$
1.43

$
1.29

Diluted income per common share:
 
 
 
 
 
Net income available to common shareholders
$
76,710

$
67,643

 
$
145,964

$
130,767

Less income allocated to nonvested restricted stock
941

938

 
1,883

1,831

  Net income allocated to common stock
$
75,769

$
66,705

 
$
144,081

$
128,936

Weighted average common shares outstanding
100,555

100,151

 
100,463

100,247

  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
344

261

 
370

245

  Weighted average diluted common shares outstanding
100,899

100,412

 
100,833

100,492

    Diluted income per common share
$
.75

$
.66

 
$
1.43

$
1.28