Commerce Bancshares, announced earnings of $.67 per share for the three months ended March 31, 2013 compared to $.70 per share in the first quarter of 2012, or a decrease of 4.3%. Net income for the first quarter amounted to $61.0 million, compared to $65.8 million in the same quarter last year.

Total assets as of March 31, were $22.2 billion, total loans were $10.0 billion, and total deposits were $18.5 billion. During the quarter, the Company repurchased approximately 808,000 shares of its common stock at an average price per share of $37.13.