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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Loans $ 17,205,479 $ 16,303,131
Loans and Leases Receivable, Allowance (162,395) (150,136)
Net loans 17,043,084 16,152,995
Loans held for sale 4,177 4,964
Investment securities:    
Debt Securities, Available-for-sale 9,684,760 12,238,316
Trading 28,830 43,523
Equity Securities, FV-NI and without Readily Determinable Fair Value 12,701 12,304
Other Securities 222,473 225,034
Total investment securities 9,948,764 12,519,177
Federal funds sold 5,025 49,505
Securities Purchased under Agreements to Resell 450,000 825,000
Interest-bearing Deposits in Banks and Other Financial Institutions 2,239,010 389,140
Cash and due from banks 443,147 452,496
Premises and equipment – net 469,059 418,909
Goodwill 146,539 138,921
Other intangible assets – net 14,179 15,234
Other assets 938,077 909,590
Total assets 31,701,061 31,875,931
Deposits [Abstract]    
Non-interest bearing 7,975,935 10,066,356
Savings, interest checking and money market 14,512,273 15,126,981
Time open and C.D.’s of less than $100,000 930,432 387,336
Time open and C.D.'s of $100,000 and over 1,945,258 606,767
Total deposits 25,363,898 26,187,440
Federal funds purchased and securities sold under agreements to repurchase 2,908,815 2,841,734
Other borrowings 1,404 9,672
Other liabilities 462,714 355,508
Total liabilities 28,736,831 29,394,354
Commerce Bancshares, Inc. stockholders’ equity:    
Common stock, $5 par value 655,322 629,319
Capital surplus 3,162,622 2,932,959
Retained earnings 53,183 31,620
Treasury Stock, Value (35,599) (41,743)
Accumulated Other Comprehensive Income (Loss), Net of Tax (891,412) (1,086,864)
Equity, Attributable to Parent, Total 2,944,116 2,465,291
Non-controlling interest 20,114 16,286
Total equity 2,964,230 2,481,577
Total liabilities and equity $ 31,701,061 $ 31,875,931