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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
INTEREST INCOME    
Interest and fees on loans $ 147,015 $ 128,323
Interest and fees on loans held for sale 304 196
Interest on investment securities 53,242 55,265
Interest on federal funds sold and short-term securities purchased under agreements to resell 180 23
Interest on long-term securities purchased under agreements to resell 4,114 3,793
Interest on deposits with banks 1,140 397
Total interest income 205,995 187,997
INTEREST EXPENSE    
Savings, interest checking and money market 5,589 3,890
Time open and C.D.'s of less than $100,000 662 644
Time open and C.D.'s of $100,000 and over 2,839 2,763
Interest on federal funds purchased and securities sold under agreements to repurchase 4,001 1,539
Interest on other borrowings 12 888
Total interest expense 13,103 9,724
Net interest income 192,892 178,273
Provision for loan losses 10,396 11,128
Net interest income after provision for loan losses 182,496 167,145
NON-INTEREST INCOME    
Bank card transaction fees 41,453 35,751
Trust fees 36,062 32,014
Deposit account charges and other fees 22,982 21,942
Capital market fees 2,291 2,342
Consumer brokerage services 3,768 3,649
Loan fees and sales 2,862 3,168
Other 10,272 10,747
Total non-interest income 119,690 109,613
INVESTMENT SECURITIES GAINS (LOSSES), NET    
Investment securities gains (losses), net [1] 5,410 (772)
NON-INTEREST EXPENSE    
Salaries and employee benefits 115,894 112,369
Net occupancy 11,584 11,443
Equipment 4,431 4,609
Supplies and communication 5,313 5,709
Data processing and software 20,690 19,905
Marketing 4,805 3,224
Deposit insurance 3,457 3,471
Community Service 729 2,944
Other 15,374 15,703
Total non-interest expense 182,277 179,377
Income before income taxes 125,319 96,609
Less income taxes 23,258 24,907
Net income 102,061 71,702
Less non-controlling interest expense (income) 1,077 198
Net income attributable to Commerce Bancshares, Inc. 100,984 71,504
Preferred Stock Dividends 2,250 2,250
Net Income (Loss) Available to Common Stockholders $ 98,734 $ 69,254
Net income per common share - basic $ 0.92 $ 0.65
Net income per common share - diluted $ 0.92 $ 0.65
[1] Available for sale and non-marketable securities