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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
INTEREST INCOME      
Interest and fees on loans $ 625,083 $ 543,825 $ 489,956
Interest on loans held for sale 1,298 1,000 1,317
Interest on investment securities 240,187 214,689 207,184
Interest on federal funds sold and short-term securities purchased under agreements to resell 519 230 78
Interest on long-term securities purchased under agreements to resell 15,881 15,440 13,544
Interest on deposits with banks 6,233 2,223 973
Total interest income 889,201 777,407 713,052
INTEREST EXPENSE      
Savings, interest checking and money market 27,803 17,309 14,366
Time open and C.D.’s of less than $100,000 3,215 2,645 2,809
Time open and C.D.’s of $100,000 and over 14,658 10,859 8,545
Interest on federal funds purchased and securities sold under agreements to repurchase 19,655 9,829 3,315
Interest on other borrowings 45 3,086 3,968
Total interest expense 65,376 43,728 33,003
Net interest income 823,825 733,679 680,049
Provision for loan losses 42,694 45,244 36,318
Net interest income after provision for loan losses 781,131 688,435 643,731
NON-INTEREST INCOME      
Bank card transaction fees 171,576 155,100 154,043
Trust fees 147,964 135,159 121,795
Deposit account charges and other fees 94,517 90,060 86,394
Capital market fees 7,721 7,996 10,655
Consumer brokerage 15,807 14,630 13,784
Loan fees and sales 12,723 13,948 11,412
Other 51,033 44,370 48,473
Total non-interest income 501,341 461,263 446,556
INVESTMENT SECURITIES GAINS (LOSSES), NET      
Investment securities gains (losses), net (488) 25,051 (53)
NON-INTEREST EXPENSE      
Salaries and employee benefits 468,194 448,321 427,310
Net occupancy 46,044 45,612 46,290
Equipment 18,125 18,568 19,141
Supplies and communication 20,637 22,790 24,135
Data processing and software 85,978 80,998 79,589
Marketing 20,548 16,325 16,032
Deposit insurance 11,546 13,986 13,327
Community Service 2,445 34,377 3,906
Other 64,304 63,366 59,499
Total non-interest expense 737,821 744,343 689,229
Income before income taxes 544,163 430,406 401,005
Less income taxes 105,949 110,506 124,151
Net income 438,214 319,900 276,854
Less non-controlling interest expense 4,672 517 1,463
NET INCOME ATTRIBUTABLE TO COMMERCE BANCSHARES, INC. 433,542 319,383 275,391
Preferred stock dividends 9,000 9,000 9,000
Net Income (Loss) Available to Common Stockholders, Basic $ 424,542 $ 310,383 $ 266,391
Net income per common share - basic (in dollars per share) $ 3.79 $ 2.77 $ 2.38
Net income per common share - diluted (in dollars per share) $ 3.78 $ 2.76 $ 2.37