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)          October 29, 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 of    (Commission File Number)   (I.R.S. Employer
Incorporation)                                               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 October 29, 2004, Exchange National Bancshares, Inc. issued a press
release announcing third quarter 2004 earnings. 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 
                         October 29, 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: October 29, 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 
                 October 29, 2004.



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