SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE AT OF 1934
Date of Report (Date of earliest event reported): September 22, 1999
EXCHANGE NATIONAL BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
MISSOURI 0-23636 43-1626350
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
132 East High Street, Jefferson City, MO 65101
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (573) 761-6165
None
(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS.
On September 22, 1999, the Board of Directors of Exchange
National Bancshares, Inc. (the "Company") authorized a 3-for-2
stock split of the Company's common stock in the form of a stock
dividend. On such date, the Company issued a press release (a
copy of which is attached hereto as Exhibit 99.1 and is
incorporated herein by reference) announcing the 3-for-2 stock
split.
ITEM 7. FINANCIAL STATEMENTS AND OTHER EXHIBITS.
EXHIBITS NO. DESCRIPTION
99.1 Press Release, issued September 22, 1999.
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.
Dated: September 27, 1999
EXCHANGE NATIONAL BANCSHARES, INC.
By: /s/ Donald L. Campbell
Donald L. Campbell,
Chairman of the Board and
President
N E W S Contact:
R E L E A S E
Exchange National Bancshares, Inc.
Investor Relations
Kathleen Bruegenhemke
(573) 761-6179 Fax: (573) 761-6272
FOR IMMEDIATE RELEASE
EXCHANGE NATIONAL BANCSHARES ANNOUNCES 3 FOR 2 STOCK SPLIT
Jefferson City, MO, September 22, 1999 - Exchange National Bancshares,
Inc. (OTC: EXJF) today announced that its Board of Directors has approved
a 3-for-2 stock split of the Company's common stock in the form of a
stock dividend.
Each shareholder of record on October 7, 1999 will receive one additional
share of common stock for each two shares held on that date. No fractional
shares will be issued in connection with the stock distribution, but instead
each shareholder who otherwise would have received a fractional share
will receive cash equal to the value of the fractional share based on the
last sales price for the Company's common stock prior to the record date.
The distribution date for the new shares will be October 13, 1999. Exchange
National Bancshares had approximately 718,500 shares of common stock issued
and outstanding as of September 22, 1999. The stock distribution will
increase the common shares issued and outstanding to approximately
1,077,750 shares.
Exchange National Bancshares is the parent holding company of The Exchange
National Bank of Jefferson City and Union State Bank and Trust of Clinton.
The Company's Banks offer a broad range of commercial and retail banking
services in the Missouri communities of Jefferson City, Clinton, Collins
and Osceola, as well as the nearby communities in Cole, Henry and St. Clair
counties. As of June 30, 1999, the Company had total consolidated assets
of approximately $473.3 million, total deposits of approximately
$373.4 million and total shareholders' equity of approximately $46.8 million.
