Commerce Bancshares, Inc. reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net interest income of $154,865,000 against $161,253,000 a year ago. Net interest income after provision for loan losses was $149,322,000 against $152,927,000 a year ago. Income before income taxes was $96,184,000 against $94,231,000 a year ago. Net income attributable to the company was $65,915,000 or $0.69 per diluted common share against $66,791,000 or $0.69 per diluted common share a year ago. Return on total average assets was 1.18% against 1.25% a year ago. Return on total average equity was 11.81% against 11.62% a year ago.

For the full year, the company reported net interest income of $619,372,000 against $639,906,000 a year ago. Net interest income after provision for loan losses was $599,019,000 against $612,619,000 a year ago. Income before income taxes was $383,347,000 against $398,608,000 a year ago. Net income attributable to the company was $260,961,000 or $2.72 per diluted common share against $269,329,000 or $2.76 per diluted common share a year ago. Return on total average assets was 1.19% against 1.30% a year ago. Return on total average equity was 11.99% against 12.00% a year ago. Book value per share based on total equity at the end of the period was $23.10 against $22.62 a year ago.

For the fourth quarter ended December 31, 2013, the company reported net impairment losses of $24,000 against $263,000 a year ago.