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<SEC-DOCUMENT>0000950137-05-014031.txt : 20051121
<SEC-HEADER>0000950137-05-014031.hdr.sgml : 20051121
<ACCEPTANCE-DATETIME>20051121115655
ACCESSION NUMBER:		0000950137-05-014031
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051118
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20051121
DATE AS OF CHANGE:		20051121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EXCHANGE NATIONAL BANCSHARES INC
		CENTRAL INDEX KEY:			0000893847
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				431626350
		STATE OF INCORPORATION:			MO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23636
		FILM NUMBER:		051217094

	BUSINESS ADDRESS:	
		STREET 1:		132 EAST HIGH STREET
		CITY:			JEFFERSON CITY
		STATE:			MO
		ZIP:			65101
		BUSINESS PHONE:		(573)761-6100

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 688
		CITY:			JEFFERSON CITY
		STATE:			MO
		ZIP:			65102
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c00264e8vk.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>
<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)               November 18, 2005
                                                               -----------------


                       EXCHANGE NATIONAL BANCSHARES, INC.
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)


Missouri                                  0-23636                  43-1626350
- --------------------------------------------------------------------------------
(State or other Jurisdiction      (Commission File Number)      (I.R.S. Employer
  of Identification No.)                                         Incorporation)


132 East High Street, Jefferson City, Missouri                       65101
- --------------------------------------------------------------------------------
   (Address of principal executive offices)                        (Zip Code)


Registrant's telephone number, including area code    (573) 761-6100
                                                      --------------


- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


<PAGE>


ITEM 8.01   OTHER EVENTS

     On November 18, 2005, Exchange National Bancshares, Inc. issued a press
release announcing that its board of directors had approved a quarterly cash
dividend of 21 cents per share, payable January 1, 2006 to shareholders of
record at the close of business on December 15, 2005. The full text of the press
release is furnished as an exhibit to this report on Form 8-K.

ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS

      (c)   Exhibits

      Exhibit No.      Description
      -----------      -----------

      Exhibit 99       Exchange National Bancshares, Inc. press release dated
                       November 18, 2005



                                      *  *  *









                                       2
<PAGE>


                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                             EXCHANGE NATIONAL BANCSHARES, INC.


Date: November 18, 2005
                                             By: /s/ James E. Smith
                                                 -------------------------------
                                                 James E. Smith
                                                 Chairman and CEO













                                       3
<PAGE>


                                  EXHIBIT INDEX


Exhibit No.       Description
- -----------       -----------

Exhibit 99        Exchange National Bancshares, Inc. press release dated
                  November 18, 2005.

















                                       4
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>c00264exv99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>


                                                                      Exhibit 99



EXCHANGE NATIONAL BANCSHARES ENHANCES DIVIDEND PAYMENT SCHEDULE
Jefferson City, MO
November 18, 2005


Exchange National Bancshares of Jefferson City, MO (NASDAQ: EXJF) announced
today that its Board of Directors approved changes in the timing and amounts of
its dividend payments effective January 1, 2006.

In making the announcement, Board Chairman and CEO James E. Smith stated, "In
addition to regular quarterly dividends, we have voted for the past 19 years to
pay a special, discretionary dividend in December. Beginning January 1, 2006,
the equivalent of the special dividend, currently 9 cents per share, will be
paid to our shareholders sooner by adding 3 cents per share to our regular
quarterly dividend. The Board also voted to pay an additional 3 cents per share
annually, enabling us to pay shareholders 21 cents per share each quarter versus
the current 18 cents per share."

These changes apply beginning with the quarterly cash dividend payable January
1, 2006 to shareholders of record at the close of business December 15, 2005.

The announcement does not affect payment of the company's previously announced
December 1, 2005 special dividend.

Explaining the reasons for the changes, Smith said, "The special dividend is not
considered a regular dividend payment because it could be stopped at any time.
Incorporating it into regular quarterly dividends not only ensures its payment
to shareholders, but benefits shareholders in other important ways.

"Shareholders will receive their dividends earlier, throughout the year, instead
of having to wait until December. In addition, the change will produce a more
accurate calculation of our dividend yield, which is an important measure used
by analysts in determining the attractiveness of our shares as an investment.
Because analysts generally do not include special dividend payments in
calculating dividend yields, we were not receiving the benefit of our full
annual dividend payments.

"We will also reduce our dividend payment processing costs 20% by reducing the
frequency of payments from five times per year to four."

Exchange National Bancshares, Inc., a multi-bank holding company headquartered
in Jefferson City, Missouri, is the parent company of The Exchange National Bank
of Jefferson City with locations in California, Tipton and St. Robert; Citizens
Union State Bank & Trust of Clinton with locations in Springfield, Lee's Summit,
Branson, Windsor, Collins and Osceola; Bank 10 with locations in Belton, Drexel,
Harrisonville, Independence and Raymore; and Osage Valley Bank of Warsaw.

Statements made in this press release that suggest Exchange National Bancshares'
or management's intentions, hopes, beliefs, expectations, or predictions of the
future include "forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended. It is important to note
that actual results could differ materially from those projected in such
forward-looking statements. Additional information concerning factors that could
cause actual results to differ materially from those projected in such
forward-looking statements is contained from time to time in the








                                       5
<PAGE>


company's quarterly and annual reports filed with the Securities and Exchange
Commission.

Contact:  Kathleen Bruegenhemke
          Senior Vice President, Investor Relations
          TEL: 573.761.6100   FAX: 573.761.6272
          www.exchangebancshares.com



















                                       6
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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