AMERIPRIME FUNDS
NSAR-B, 1999-09-15
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000 B000000 06/30/99
000 C000000 0001000579
000  D000000 N 000  E000000  NF 000  F000000 Y 000  G000000 N 000  H000000 N 000
I000000 3.0 000 J000000 A
001 A000000 AMERIPRIME FUNDS
001 B000000 811-9096
001 C000000 8172516700
002 A000000 1793 KINGSWOOD DRIVE SUITE 200
002 B000000 SOUTHLAKE
002 C000000 TX
002 D010000 76092
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 17
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C020500 IMS CAPITAL VALUE FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C021200 JUMPER STRATEGIC ADVANTAGE FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C011500 15
007 C021500 CORNERSTONE MVP FUND
007 C031500 N
007 C011600 16
007 C021600 GJMB GROWTH FUND
007 C031600 N
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 AMERIPRIME FINANCIAL SERVICES, INC.

010 C01AA01 SOUTHLAKE
010 C02AA01 TX
010 C03AA01 76092
011 A00AA01 AMERIPRIME FINANCIAL SECURITIES, INC.
011 B00AA01 8-48143
011 C01AA01 SOUTHLAKE
011 C02AA01 TX
011 C03AA01 76092
013 A00AA01 MCCURDY & ASSOCIATES CPA'S, INC.
013 B01AA01 WESTLAKE
013 B02AA01 OH
013 B03AA01 44145
014 A00AA01 AMERIPRIME FINANCIAL SECURITIES, INC.
014 B00AA01 8-48143
015 A00AA01 FIRSTAR BANK, N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 PAINE WEBBER
020 C000001     28
020 A000002 CHARLES SCHWAB
020 C000002     24
020 A000003 DONALDSON LUFKIN JENRETTE
020 C000003      2
020 A000004 BERNSTEIN
020 C000004      2
020 A000005 BIDWELL & CO
020 C000005      1
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       57
022 A000001 FIRSTAR BANK
022 C000001     35782
022 D000001     33110
022 A000002 DIRECT FROM ISSUER
022 C000002      1530
022 D000002      1584
022 A000003 SALOMON SMITH BARNEY
022 C000003      2339
022 D000003         0
022 A000004 GARIGIE
022 C000004      1318
022 D000004       449

022 A000005 MERRILL LYNCH
022 C000005       829
022 D000005       300
022 A000006 PAINE WEBBER
022 C000006       201
022 D000006         0
022 A000007 INTERSTATE JOHNSON / LANE
022 C000007       200
022 D000007         0
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000      42199
023 D000000      35443
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
041  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N

051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
077 A000000 N
078  000000 N
080 A00AA00 RELIANCE NATIONAL
080 C00AA00     1000
081 A00AA00 Y
081 B00AA00  16
082 A00AA00 Y
082 B00AA00       50
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000501 IMS CAPITAL MANAGEMENT
008 B000501 A
008 C000501 801-33939
008 D010501 PORTLAND
008 D020501 OR
008 D030501 97015
012 A000501 AMERICAN DATA SERVICES, INC.
012 B000501 84-1964
012 C010501 HAUPPAUGE
012 C020501 NY
012 C030501 11788
012 C040501 0132
024  000500 N
028 A010500         0
028 A020500         0
028 A030500         0
028 A040500         0

028 B010500         0
028 B020500         0
028 B030500         0
028 B040500         0
028 C010500         0
028 C020500         0
028 C030500         0
028 C040500         0
028 D010500         0
028 D020500         0
028 D030500         0
028 D040500         0
028 E010500        31
028 E020500         0
028 E030500         0
028 E040500         8
028 F010500       111
028 F020500         0
028 F030500         0
028 F040500        77
028 G010500       142
028 G020500         0
028 G030500         0
028 G040500        85
028 H000500         0
045  000500 Y
046  000500 N
047  000500 Y
048  000500  1.590
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000

054 A000500 Y
054 B000500 Y
054 C000500 N
054 D000500 N
054 E000500 N
054 F000500 N
054 G000500 Y
054 H000500 Y
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 Y
054 N000500 N
054 O000500 Y
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
061  000500     5000
062 A000500 N
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 N

070 B010500 Y
070 B020500 Y
070 C010500 N
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500      5142
071 B000500      8024
071 C000500     11380
071 D000500   45
072 A000500  8
072 B000500        8
072 C000500      113
072 D000500        0
072 E000500        0
072 F000500       99
072 G000500       20
072 H000500        0
072 I000500       14
072 J000500        4
072 K000500        0
072 L000500        3
072 M000500        1

072 N000500        1
072 O000500        0
072 P000500        0
072 Q000500       11
072 R000500        7
072 S000500        5
072 T000500        0
072 U000500        3
072 V000500        0
072 W000500        1
072 X000500      169
072 Y000500       45
072 Z000500       -3
072AA000500     1175
072BB000500        0
072CC010500     1804
072CC020500        0
072DD010500        0
072DD020500        0
072EE000500        0
073 A010500   0.0000
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500      194
074 D000500        0
074 E000500        0
074 F000500    11409
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        6
074 L000500       21
074 M000500       15
074 N000500    11645
074 O000500        0
074 P000500       24
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500       13
074 S000500        0
074 T000500    11608
074 U010500      797
074 U020500        0
074 V010500    14.56
074 V020500     0.00

074 W000500   0.0000
074 X000500      340
074 Y000500        0
075 A000500        0
075 B000500    11805
076  000500     0.00
008 A001201 THE JUMPER GROUP
008 B001201 A
008 C001201 801-45453
008 D011201 CHATTANOOGA
008 D021201 TN
008 D031201 37402
012 A001201 UNIFIED FUND SERVICES, INC.
012 B001201 84-0000
012 C011201 INDIANAPOLIS
012 C021201 IN
012 C031201 46204
024  001200 N
028 A011200         0
028 A021200         0
028 A031200         0
028 A041200         0
028 B011200       400
028 B021200         0
028 B031200         0
028 B041200         0
028 C011200         0
028 C021200        86
028 C031200         0
028 C041200         0
028 D011200         0
028 D021200         6
028 D031200         0
028 D041200         0
028 E011200         9
028 E021200        15
028 E031200         0
028 E041200      2000
028 F011200         0
028 F021200        12
028 F031200         0
028 F041200      1000
028 G011200       409
028 G021200       119
028 G031200         0
028 G041200      3000
028 H001200         0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.750

048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200        0
048 K021200 0.000
054 A001200 Y
054 B001200 Y
054 C001200 Y
054 D001200 Y
054 E001200 Y
054 F001200 Y
054 G001200 Y
054 H001200 Y
054 I001200 N
054 J001200 Y
054 K001200 Y
054 L001200 Y
054 M001200 Y
054 N001200 Y
054 O001200 Y
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200     5000
062 A001200 Y
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0

062 J001200   0.0
062 K001200   0.0
062 L001200  41.9
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200  26.7
062 Q001200   0.0
062 R001200  29.1
063 A001200   0
063 B001200  1.0
064 A001200 N
064 B001200 N
066 A001200 N
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N

070 Q021200 N
070 R011200 Y
070 R021200 N
071 A001200      6983
071 B001200      4475
071 C001200      2581
071 D001200  173
072 A001200  9
072 B001200      138
072 C001200       15
072 D001200        0
072 E001200        0
072 F001200       25
072 G001200        0
072 H001200        0
072 I001200        0
072 J001200        0
072 K001200        0
072 L001200        0
072 M001200        1
072 N001200        0
072 O001200        2
072 P001200        0
072 Q001200        0
072 R001200        0
072 S001200        0
072 T001200        0
072 U001200        0
072 V001200        0
072 W001200        0
072 X001200       28
072 Y001200        3
072 Z001200      128
072AA001200        0
072BB001200       45
072CC011200        0
072CC021200       62
072DD011200      128
072DD021200        0
072EE001200        0
073 A011200   0.0502
073 A021200   0.0000
073 B001200   0.0000
073 C001200   0.0000
074 A001200        0
074 B001200        0
074 C001200     1046
074 D001200      648
074 E001200        0
074 F001200        0
074 G001200        0

074 H001200        0
074 I001200      707
074 J001200        0
074 K001200        0
074 L001200       30
074 M001200        0
074 N001200     2431
074 O001200        0
074 P001200        2
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200        0
074 S001200        0
074 T001200     2429
074 U011200     1237
074 U021200        0
074 V011200     1.96
074 V021200     0.00
074 W001200   0.0000
074 X001200        3
074 Y001200        0
075 A001200        0
075 B001200     4830
076  001200     0.00
008 A001501 CORNERSTONE INVESTMENT MANAGMENT, L.L.C.
008 B001501 A
008 C001501 801-00000
008 D011501 ASPEN
008 D021501 CO
008 D031501 81611
012 A001501 UNIFIED FUND SERVICES, INC.
012 B001501 84-0000
012 C011501 INDIANAPOLIS
012 C021501 IN
012 C031501 46204
024  001500 N
028 A011500         0
028 A021500         0
028 A031500         0
028 A041500         0
028 B011500       355
028 B021500         0
028 B031500         0
028 B041500         0
028 C011500     12107
028 C021500         0
028 C031500         0
028 C041500         0
028 D011500        78

028 D021500         0
028 D031500         0
028 D041500         0
028 E011500       107
028 E021500         0
028 E031500         0
028 E041500         0
028 F011500        78
028 F021500         0
028 F031500         0
028 F041500         0
028 G011500     12725
028 G021500         0
028 G031500         0
028 G041500         0
028 H001500         0
045  001500 Y
046  001500 N
047  001500 Y
048  001500  1.100
048 A011500        0
048 A021500 0.000
048 B011500        0
048 B021500 0.000
048 C011500        0
048 C021500 0.000
048 D011500        0
048 D021500 0.000
048 E011500        0
048 E021500 0.000
048 F011500        0
048 F021500 0.000
048 G011500        0
048 G021500 0.000
048 H011500        0
048 H021500 0.000
048 I011500        0
048 I021500 0.000
048 J011500        0
048 J021500 0.000
048 K011500        0
048 K021500 0.000
054 A001500 Y
054 B001500 Y
054 C001500 Y
054 D001500 Y
054 E001500 Y
054 F001500 Y
054 G001500 Y
054 H001500 Y
054 I001500 N

054 J001500 Y
054 K001500 Y
054 L001500 Y
054 M001500 Y
054 N001500 Y
054 O001500 Y
058 A001500 N
059  001500 Y
060 A001500 Y
060 B001500 Y
061  001500    10000
062 A001500 N
062 B001500   0.0
062 C001500   0.0
062 D001500   0.0
062 E001500   0.0
062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500   0.0
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
066 A001500 Y
066 B001500 N
066 C001500 Y
066 D001500 N
066 E001500 N
066 F001500 N
066 G001500 N
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 N
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y

070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 N
070 J021500 N
070 K011500 N
070 K021500 N
070 L011500 Y
070 L021500 N
070 M011500 N
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 Y
070 R021500 N
071 A001500     17606
071 B001500      5680
071 C001500      7047
071 D001500   81
072 A001500  6
072 B001500       10
072 C001500       32
072 D001500        0
072 E001500        0
072 F001500       44
072 G001500        0
072 H001500        0
072 I001500        0
072 J001500        0
072 K001500        0
072 L001500        0
072 M001500        1
072 N001500        0
072 O001500        0
072 P001500        0
072 Q001500        0
072 R001500        0
072 S001500        0
072 T001500        0
072 U001500        0
072 V001500        0

072 W001500        0
072 X001500       45
072 Y001500        1
072 Z001500       -2
072AA001500        0
072BB001500      297
072CC011500     1167
072CC021500        0
072DD011500        0
072DD021500        0
072EE001500        0
073 A011500   0.0000
073 A021500   0.0000
073 B001500   0.0000
073 C001500   0.0000
074 A001500        0
074 B001500        0
074 C001500      800
074 D001500        0
074 E001500        0
074 F001500    12796
074 G001500        0
074 H001500        0
074 I001500        0
074 J001500        0
074 K001500        0
074 L001500        9
074 M001500        0
074 N001500    13605
074 O001500        0
074 P001500       12
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        0
074 R041500        0
074 S001500        0
074 T001500    13593
074 U011500     1267
074 U021500        0
074 V011500     0.00
074 V021500     0.00
074 W001500   0.0000
074 X001500        9
074 Y001500        0
075 A001500        0
075 B001500     8011
076  001500     0.00
008 A001601 GAMBLE, JONES, MORPHY & BENT
008 B001601 A
008 C001601 801-00000

008 D011601 PASADENA
008 D021601 CA
008 D031601 91101
012 A001601 UNIFIED FUND SERVICES, INC.
012 B001601 84-0000
012 C011601 INDIANAPOLIS
012 C021601 IN
012 C031601 46204
024  001600 N
028 A011600         0
028 A021600         0
028 A031600         0
028 A041600         0
028 B011600      4043
028 B021600         0
028 B031600         0
028 B041600         0
028 C011600       401
028 C021600         0
028 C031600         0
028 C041600         0
028 D011600       614
028 D021600         0
028 D031600         0
028 D041600         0
028 E011600       443
028 E021600         0
028 E031600         0
028 E041600         0
028 F011600       489
028 F021600         0
028 F031600         0
028 F041600         0
028 G011600      5990
028 G021600         0
028 G031600         0
028 G041600         0
028 H001600         0
045  001600 Y
046  001600 N
047  001600 Y
048  001600  1.200
048 A011600        0
048 A021600 0.000
048 B011600        0
048 B021600 0.000
048 C011600        0
048 C021600 0.000
048 D011600        0
048 D021600 0.000
048 E011600        0

048 E021600 0.000
048 F011600        0
048 F021600 0.000
048 G011600        0
048 G021600 0.000
048 H011600        0
048 H021600 0.000
048 I011600        0
048 I021600 0.000
048 J011600        0
048 J021600 0.000
048 K011600        0
048 K021600 0.000
054 A001600 Y
054 B001600 Y
054 C001600 Y
054 D001600 Y
054 E001600 Y
054 F001600 Y
054 G001600 Y
054 H001600 Y
054 I001600 N
054 J001600 Y
054 K001600 Y
054 L001600 Y
054 M001600 Y
054 N001600 Y
054 O001600 Y
058 A001600 N
059  001600 Y
060 A001600 N
060 B001600 N
061  001600   200000
062 A001600 N
062 B001600   0.0
062 C001600   0.0
062 D001600   0.0
062 E001600   0.0
062 F001600   0.0
062 G001600   0.0
062 H001600   0.0
062 I001600   0.0
062 J001600   0.0
062 K001600   0.0
062 L001600   0.0
062 M001600   0.0
062 N001600   0.0
062 O001600   0.0
062 P001600   0.0
062 Q001600   0.0
062 R001600   0.0

066 A001600 Y
066 B001600 N
066 C001600 Y
066 D001600 N
066 E001600 N
066 F001600 N
066 G001600 N
067  001600 N
068 A001600 N
068 B001600 N
069  001600 N
070 A011600 N
070 A021600 N
070 B011600 N
070 B021600 N
070 C011600 N
070 C021600 N
070 D011600 N
070 D021600 N
070 E011600 N
070 E021600 N
070 F011600 N
070 F021600 N
070 G011600 N
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 N
070 I021600 N
070 J011600 N
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 Y
070 L021600 Y
070 M011600 N
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 N
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 N
070 R021600 N
071 A001600      5715
071 B001600       418
071 C001600      3477
071 D001600   12

072 A001600  6
072 B001600       12
072 C001600       19
072 D001600        0
072 E001600        0
072 F001600       24
072 G001600        0
072 H001600        0
072 I001600        0
072 J001600        0
072 K001600        0
072 L001600        0
072 M001600        1
072 N001600        0
072 O001600        0
072 P001600        0
072 Q001600        0
072 R001600        0
072 S001600        0
072 T001600        0
072 U001600        0
072 V001600        0
072 W001600        0
072 X001600       25
072 Y001600        1
072 Z001600        7
072AA001600       34
072BB001600        0
072CC011600      471
072CC021600        0
072DD011600        0
072DD021600        0
072EE001600        0
073 A011600   0.0000
073 A021600   0.0000
073 B001600   0.0000
073 C001600   0.0000
074 A001600        0
074 B001600        0
074 C001600      699
074 D001600        0
074 E001600        0
074 F001600     5802
074 G001600        0
074 H001600        0
074 I001600        0
074 J001600        0
074 K001600        0
074 L001600        7
074 M001600        0
074 N001600     6508

074 O001600        0
074 P001600        6
074 Q001600        0
074 R011600        0
074 R021600        0
074 R031600        0
074 R041600        0
074 S001600        0
074 T001600     6502
074 U011600      590
074 U021600        0
074 V011600    11.02
074 V021600     0.00
074 W001600   0.0000
074 X001600        3
074 Y001600        0
075 A001600        0
075 B001600     4016
076  001600     0.00
SIGNATURE   PAUL S. BELLANY
TITLE       TREASURER

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>                                            6

<CIK>                         0001000579
<NAME>                        AMERIPRIME FUNDS
<SERIES>
   <NUMBER>                   5
   <NAME>                     IMS CAPITAL VALUE FUND


<S>                             <C>
<PERIOD-TYPE>                   8-MOS
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 NOV-01-1998
<PERIOD-END>                                   JUN-30-1999

<INVESTMENTS-AT-COST>                          9529998
<INVESTMENTS-AT-VALUE>                         11602806
<RECEIVABLES>                                  26921
<ASSETS-OTHER>                                 14710
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 11644437
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      36546
<TOTAL-LIABILITIES>                            36546
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       8414349
<SHARES-COMMON-STOCK>                          797094
<SHARES-COMMON-PRIOR>                          1021777
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        1120734
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       2072808
<NET-ASSETS>                                   11607891
<DIVIDEND-INCOME>                              113103
<INTEREST-INCOME>                              8222
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 124360
<NET-INVESTMENT-INCOME>                        (3035)
<REALIZED-GAINS-CURRENT>                       1175174
<APPREC-INCREASE-CURRENT>                      1803897
<NET-CHANGE-FROM-OPS>                          2976036
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        45949
<NUMBER-OF-SHARES-REDEEMED>                    270632
<SHARES-REINVESTED>                            0
<NET-CHANGE-IN-ASSETS>                         83902
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      (51405)
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          98550
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                169729
<AVERAGE-NET-ASSETS>                           11805120
<PER-SHARE-NAV-BEGIN>                          11.28
<PER-SHARE-NII>                                0
<PER-SHARE-GAIN-APPREC>                        3.28
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            14.56
<EXPENSE-RATIO>                                159
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>                                            6

<CIK>                         0001000579
<NAME>                        AMERIPRIME FUNDS
<SERIES>
   <NUMBER>                   12
   <NAME>                     JUMPER STRATEGIC ADVANTAGE FUND


<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 OCT-26-1998
<PERIOD-END>                                   JUN-30-1999

<INVESTMENTS-AT-COST>                          2463439
<INVESTMENTS-AT-VALUE>                         2400977
<RECEIVABLES>                                  30122
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 2431099
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      1958
<TOTAL-LIABILITIES>                            1958
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       2536149
<SHARES-COMMON-STOCK>                          1236575
<SHARES-COMMON-PRIOR>                          0
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        (44546)
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       (62462)
<NET-ASSETS>                                   2429141
<DIVIDEND-INCOME>                              14689
<INTEREST-INCOME>                              137553
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 24563
<NET-INVESTMENT-INCOME>                        127679
<REALIZED-GAINS-CURRENT>                       (44546)
<APPREC-INCREASE-CURRENT>                      (62462)
<NET-CHANGE-FROM-OPS>                          20671
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      127679
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        2702357
<NUMBER-OF-SHARES-REDEEMED>                    1530628
<SHARES-REINVESTED>                            64846
<NET-CHANGE-IN-ASSETS>                         2429141
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      0
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          24563
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                27833
<AVERAGE-NET-ASSETS>                           4829819
<PER-SHARE-NAV-BEGIN>                          2.00
<PER-SHARE-NII>                                0.05
<PER-SHARE-GAIN-APPREC>                        (0.04)
<PER-SHARE-DIVIDEND>                           (0.05)
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            1.96
<EXPENSE-RATIO>                                75
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>                                            6

<CIK>                         0001000579
<NAME>                        AMERIPRIME FUNDS
<SERIES>
   <NUMBER>                   15
   <NAME>                     CORNERSTONE MVP FUND


<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 DEC-31-1998
<PERIOD-END>                                   JUN-30-1999

<INVESTMENTS-AT-COST>                          12428836
<INVESTMENTS-AT-VALUE>                         13595810
<RECEIVABLES>                                  9481
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 13605291
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      12052
<TOTAL-LIABILITIES>                            12052
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       12723228
<SHARES-COMMON-STOCK>                          1266500
<SHARES-COMMON-PRIOR>                          0
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        (296963)
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       1166974
<NET-ASSETS>                                   13593239
<DIVIDEND-INCOME>                              31671
<INTEREST-INCOME>                              10130
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 43651
<NET-INVESTMENT-INCOME>                        (1850)
<REALIZED-GAINS-CURRENT>                       (296963)
<APPREC-INCREASE-CURRENT>                      1166974
<NET-CHANGE-FROM-OPS>                          868161
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        1266500
<NUMBER-OF-SHARES-REDEEMED>                    0
<SHARES-REINVESTED>                            0
<NET-CHANGE-IN-ASSETS>                         13593239
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      0
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          43651
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                44735
<AVERAGE-NET-ASSETS>                           8011465
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                0
<PER-SHARE-GAIN-APPREC>                        0.73
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            10.73
<EXPENSE-RATIO>                                110
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>                                            6

<CIK>                         0001000579
<NAME>                        AMERIPRIME FUNDS
<SERIES>
   <NUMBER>                   16
   <NAME>                     GJMB GROWTH FUND


<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 DEC-31-1998
<PERIOD-END>                                   JUN-30-1999

<INVESTMENTS-AT-COST>                          6030299
<INVESTMENTS-AT-VALUE>                         6501358
<RECEIVABLES>                                  7021
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 6508379
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      6043
<TOTAL-LIABILITIES>                            6043
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       5990120
<SHARES-COMMON-STOCK>                          589927
<SHARES-COMMON-PRIOR>                          0
<ACCUMULATED-NII-CURRENT>                      6675
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        34482
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       471059
<NET-ASSETS>                                   6502336
<DIVIDEND-INCOME>                              19276
<INTEREST-INCOME>                              11298
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 23899
<NET-INVESTMENT-INCOME>                        6675
<REALIZED-GAINS-CURRENT>                       34482
<APPREC-INCREASE-CURRENT>                      471059
<NET-CHANGE-FROM-OPS>                          512216
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        589954
<NUMBER-OF-SHARES-REDEEMED>                    27
<SHARES-REINVESTED>                            0
<NET-CHANGE-IN-ASSETS>                         6502336
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      0
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          23899
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                24983
<AVERAGE-NET-ASSETS>                           4016241
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                0.02
<PER-SHARE-GAIN-APPREC>                        1.00
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            11.02
<EXPENSE-RATIO>                                120
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0




</TABLE>


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