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Common Stock (Tables)
3 Months Ended
Mar. 31, 2018
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 March 31
(In thousands, except per share data)
 
2018
2017
Basic income per common share:
 
 
 
Net income attributable to Commerce Bancshares, Inc.
 
$
100,984

$
71,504

Less preferred stock dividends
 
2,250

2,250

Net income available to common shareholders
 
98,734

69,254

Less income allocated to nonvested restricted stock
 
1,121

945

  Net income allocated to common stock
 
$
97,613

$
68,309

Weighted average common shares outstanding
 
105,634

105,389

   Basic income per common share
 
$
.92

$
.65

Diluted income per common share:
 
 
 
Net income available to common shareholders
 
$
98,734

$
69,254

Less income allocated to nonvested restricted stock
 
1,118

942

  Net income allocated to common stock
 
$
97,616

$
68,312

Weighted average common shares outstanding
 
105,634

105,389

  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
 
332

416

  Weighted average diluted common shares outstanding
 
105,966

105,805

    Diluted income per common share
 
$
.92

$
.65