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)               February 11, 2004
                                                               -----------------


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

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




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


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


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




ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE

         On February 11, 2004, Exchange National Bancshares, Inc. issued a press
release announcing establishment of a denovo branch in Lee's Summit, Missouri.
The full text of the press release is furnished as an exhibit to this report on
Form 8-K.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

         (c)      Exhibits

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

         Exhibit 99                 Exchange National Bancshares, Inc. press
                                    release dated February 11, 2004




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                                   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: February 11, 2004
                                             By:  /s/ James E. Smith
                                                  ------------------------------
                                                  James E. Smith
                                                  Chairman and CEO




















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                                  EXHIBIT INDEX


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

Exhibit 99                 Exchange National Bancshares, Inc. press release
                           dated February 11, 2004.
























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