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Common Stock (Tables)
9 Months Ended
Sep. 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 September 30
 
For the Nine Months Ended September 30
(In thousands, except per share data)
2017
2016
 
2017
2016
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
74,564

$
68,545

 
$
225,028

$
203,812

Less preferred stock dividends
2,250

2,250

 
6,750

6,750

Net income available to common shareholders
$
72,314

$
66,295

 
218,278

197,062

Less income allocated to nonvested restricted stock
862

913

 
2,750

2,747

  Net income allocated to common stock
$
71,452

$
65,382

 
$
215,528

$
194,315

Weighted average common shares outstanding
100,598

100,198

 
100,509

100,231

   Basic income per common share
$
.71

$
.65

 
$
2.14

$
1.94

Diluted income per common share:
 
 
 
 
 
Net income available to common shareholders
$
72,314

$
66,295

 
$
218,278

$
197,062

Less income allocated to nonvested restricted stock
860

912

 
2,743

2,743

  Net income allocated to common stock
$
71,454

$
65,383

 
$
215,535

$
194,319

Weighted average common shares outstanding
100,598

100,198

 
100,509

100,231

  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
336

255

 
358

248

  Weighted average diluted common shares outstanding
100,934

100,453

 
100,867

100,479

    Diluted income per common share
$
.71

$
.65

 
$
2.14

$
1.93