EXCHANGE NATIONAL BANCSHARES INC
SC 13G/A, 1998-02-10
NATIONAL COMMERCIAL BANKS
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                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549

                                             OMB APPROVAL
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                           SCHEDULE 13G

            UNDER THE SECURITIES EXCHANGE ACT OF 1934

               (Amendment No.          3         )*


                Exchange National Bancshares, Inc.
                         (Name of Issuer)

                  Common Stock - $1.00 par value
                  (Title of Class of Securities)

                           301309 10 0
                          (CUSIP Number)


Check the following box if a fee is being paid with the statement
[  ].  (A fee is not required only if the filing person: (1) has
a previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such
class.)  (See Rule 13d-7).

*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).



<PAGE>



                               13G

CUSIP No.      301309 10 0                   Page 2 of 5 Pages

  1  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
               The Exchange National Bank of Jefferson City
               # 43 1626351
          
  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)  [ ]

     Not Applicable                                    (b)  [ ]


  3  SEC USE ONLY


  4  CITIZENSHIP OR PLACE OF ORGANIZATION

          Organized under the laws of the United States

NUMBER OF SHARES    5         SOLE VOTING POWER   
BENEFICIALLY OWNED                 12,040
BY EACH REPORTING   6         SHARED VOTING POWER
PERSON WITH                        7,220
                    7         SOLE DISPOSITIVE POWER
                                   125,151   
                    8         SHARED DISPOSITIVE POWER
                                   15,310    

  9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
               140,461

 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
     CERTAIN SHARES*   Not Applicable

 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
               19.5%

 12  TYPE OF REPORTING PERSON*
               BK   

              *  SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>



                                                Page 3 of 5 Pages


ITEM 1:
          (a)  Name of Issuer:  Exchange National Bancshares,
               Inc.

          (b)  Address of Issuer's Principal Executive Offices:

               132 East High Street
               Jefferson City, Missouri 65101

ITEM 2:
          (a)  Name of Person Filing: This Schedule 13G is filed
               by the Exchange National Bank of Jefferson City
               (the "Bank").

          (b)  Address of Principal Business Office or, if none,
               Residence:  The business address for the Bank is
               132 East High Street, Jefferson City, Missouri
               65101.

          (c)  Citizenship:   The Bank is a national banking
                              association organized under the
                              laws of the United States.

          (d)  Title of Class of Securities: Common stock, par
               value $1.00 per share.

          (e)  CUSIP No.: 301309 10 0

ITEM 3:

          If this statement is filed pursuant to Rules 13d-l (b),
          or 13d-2 (b), check whether the person filing is a:

          (a)  (X) Bank as defined in Section 3 (a) (6) of the
               Act.  Income Security Act

ITEM 4:   Ownership (as of December 31, 1997)

          (a)  Amount beneficially owned: 140,461 shares.

          (b)  Percent of class: The shares identified in
               paragraph (a) above as being beneficially owned by
               the Bank represent 19.5% of the 718,511 shares
               outstanding on December 31, 1997.

          (c)  Number of shares of which such person has:

               (i)  sole power to vote or to direct the vote: 
                         12,040 shares.


<PAGE>



                                                Page 4 of 5 Pages


               (ii)      shared power to vote or to direct the
                         vote: 7,220 shares.

               (iii)     sole power to dispose or to direct the
                         disposition of:  125,151 shares.

               (iv)      shared power to dispose or to direct the
                         disposition of:  15,310 shares.

ITEM 5:   Ownership of Five Percent or Less of a Class.

          Not applicable.

ITEM 6:   Ownership of More than Five Percent on Behalf of
          Another Person.

          Of the shares reported in this Schedule 13G, 59,300
          shares are held by the Bank as trustee of the Exchange
          National Bank of Jefferson City Profit-Sharing Trust
          for the benefit of that trust's participants, as to
          which shares the Bank has sole investment power but no
          voting power.  The remaining 81,161 shares reported in
          this Schedule 13G are held by the Bank as trustee or
          co-trustee, personal representative or administrator
          under various individual trusts and estates that exist
          for the benefit of the respective beneficiaries
          identified by the applicable trust or estate
          documentation, as to which shares the Bank has sole
          voting power as to 12,040 shares, shared voting power
          as to 7,220 shares, sole investment power as to 65,851
          shares, and shared investment power as to 15,310
          shares.

ITEM 7:   Identification and Classification of the Subsidiary
          Which Acquired the Security Being Reported on By the
          Parent Holding Company.

          Not applicable.

ITEM 8:   Identification and Classification of Members of the
          Group.

          Not applicable.

ITEM 9:   Notice of Dissolution of Group.

          Not applicable.



<PAGE>


                                                Page 5 of 5 Pages


ITEM 10:  Certification.

          By signing below I certify that, to the best of my
          knowledge and belief, the securities referred to above
          were acquired in the ordinary course of business and
          were not acquired for the purpose of and do not have
          the effect of changing or influencing the control of
          the issuer of such securities and were not acquired in
          connection with or as a participant in any transaction
          having such purpose or effect.





                            SIGNATURE

          After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.

Dated:    January 30, 1998



                         EXCHANGE NATIONAL BANK OF
                              JEFFERSON CITY

                         By     The Exchange National Bank of 
                                        Jefferson City

                         BY   /s/ David T. Turner, President
                          David T. Turner, President




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