UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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.
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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