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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Loans $ 17,298,840 $ 17,205,479
Financing Receivable, Allowance for Credit Loss (160,465) (162,395)
Net loans 17,138,375 17,043,084
Loans held for sale 2,328 4,177
Investment securities:    
Available for sale debt securities 9,141,695 9,684,760
Debt Securities, Trading 56,716 28,830
Equity Securities 12,852 12,701
Other 229,146 222,473
Investments, Total 9,440,409 9,948,764
Federal Funds Sold 0 5,025
Securities purchased under agreements to resell 225,000 450,000
Interest earning deposits with banks 1,609,614 2,239,010
Cash and due from banks 291,040 443,147
Premises and equipment, net 467,377 469,059
Goodwill 146,539 146,539
Other intangible assets, net 13,918 14,179
Other assets 1,037,508 938,077
Total assets 30,372,108 31,701,061
Deposits:    
Non-interest bearing 7,513,464 7,975,935
Savings, interest checking and money market 14,463,211 14,512,273
Certificates of deposit of less than $100,000 997,979 930,432
Certificates of deposit of $100,000 and over 1,465,541 1,945,258
Total deposits 24,440,195 25,363,898
Federal funds purchased and securities sold under agreements to repurchase 2,505,576 2,908,815
Other borrowings 2,359 1,404
Other liabilities 460,089 462,714
Total liabilities 27,408,219 28,736,831
Commerce Bancshares, Inc. stockholders' equity:    
Common stock 655,322 655,322
Capital surplus 3,148,649 3,162,622
Retained earnings 130,706 53,183
Treasury stock, at cost (59,674) (35,599)
Accumulated Other Comprehensive Income (Loss) (931,027) (891,412)
Total Commerce Bancshares, Inc. stockholders' equity 2,943,976 2,944,116
Non-controlling interest 19,913 20,114
Total equity 2,963,889 2,964,230
Total liabilities and equity $ 30,372,108 $ 31,701,061