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Common Stock (Tables)
9 Months Ended
Sep. 30, 2012
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 11.
 
For the Three Months Ended September 30
 
For the Nine Months Ended September 30
(In thousands, except per share data)
2012
2011
 
2012
2011
Basic income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
66,006

$
65,352

 
$
202,538

$
194,839

Less income allocated to nonvested restricted stockholders
626

486

 
1,854

1,391

  Net income available to common stockholders
$
65,380

$
64,866

 
$
200,684

$
193,448

Weighted average common shares outstanding
86,894

89,477

 
87,504

90,373

   Basic income per common share
$
.75

$
.72

 
$
2.29

$
2.14

Diluted income per common share:
 
 
 
 
 
Net income attributable to Commerce Bancshares, Inc.
$
66,006

$
65,352

 
$
202,538

$
194,839

Less income allocated to nonvested restricted stockholders
623

486

 
1,849

1,388

  Net income available to common stockholders
$
65,383

$
64,866

 
$
200,689

$
193,451

Weighted average common shares outstanding
86,894

89,477

 
87,504

90,373

  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
298

260

 
300

351

  Weighted average diluted common shares outstanding
87,192

89,737

 
87,804

90,724

    Diluted income per common share
$
.75

$
.72

 
$
2.29

$
2.13