ARMADA FUNDS
NSAR-A, 1997-01-28
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<PAGE>      PAGE  1
000 A000000 11/30/96
000 C000000 778202
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 ARMADA FUNDS
001 B000000 811-4416
001 C000000 3027912919
002 A000000 4400 COMPUTER DRIVE
002 B000000 WESTBOROUGH
002 C000000 MA
002 D010000 01581
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 15
007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 GOVERNMENT FUND
007 C030200 N
007 C010300  3
007 C020300 TREASURY FUND
007 C030300 N
007 C010400  4
007 C020400 TAX-EXEMPT FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C020800 EQUITY FUND
007 C030800 N
007 C010900  9
007 C020900 FIXED INCOME FUND
007 C030900 N
007 C011000 10
007 C021000 OHIO TAX EXEMPT FUND
007 C031000 N
007 C011100 11
007 C021100 EQUITY INCOME FUND
007 C031100 N
007 C011200 12
007 C021200 MID CAP REGIONAL FUND
<PAGE>      PAGE  2
007 C031200 N
007 C011300 13
007 C021300 ENHANCED INCOME FUND
007 C031300 N
007 C011400 14
007 C021400 TOTAL RETURN ADVANTAGE FUND
007 C031400 N
007 C011500 15
007 C021500 INTERMEDIATE GOVERNMENT FUND
007 C031500 N
007 C011600 16
007 C021600 GNMA FUND
007 C031600 N
007 C011700 17
007 C021700 PENNSYLVANIA TAX EXEMPT FUND
007 C031700 N
007 C011800 18
007 C021800 PENNSYLVANIA MUNICIPAL FUND
007 C031800 N
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
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007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
033  000100      0
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
070 K020100 Y
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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070 G020200 N
070 H010200 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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015 A000301 NATIONAL CITY BANK
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<PAGE>      PAGE  19
025 D000308       0
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028 F040300     64984
028 G010300    510883
028 G020300        96
028 G030300         0
028 G040300    495387
028 H000300         0
029  000300 N
030 A000300      0
030 B000300  0.00
030 C000300  0.00
031 A000300      0
031 B000300      0
032  000300      0
033  000300      0
034  000300 N
035  000300      0
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300   0
042 E000300   0
<PAGE>      PAGE  20
042 F000300   0
042 G000300   0
042 H000300 100
043  000300     22
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045  000300 Y
046  000300 Y
047  000300 Y
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048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
055 A000300 N
055 B000300 N
056  000300 Y
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
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062 H000300   0.0
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<PAGE>      PAGE  21
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062 O000300   0.0
062 P000300   0.0
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062 R000300   7.7
063 A000300  48
063 B000300  0.0
064 A000300 N
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 N
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
<PAGE>      PAGE  22
070 R020300 N
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<PAGE>      PAGE  23
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008 A000401 NATIONAL CITY BANK
008 B000401 A
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008 D010401 CLEVELAND
008 D020401 OH
008 D030401 44114
008 A000402 NATIONAL CITY BANK, COLUMBUS
008 B000402 A
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008 D010402 COLUMBUS
008 D020402 OH
008 D030402 43251
008 A000403 NATIONAL CITY BANK, KENTUCKY
008 B000403 A
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008 D010403 LOUISVILLE
008 D020403 KY
008 D030403 40202
008 A000404 NATIONAL ASSET MANAGEMENT CORPORATION
008 B000404 A
008 C000404 801-0000
008 D010404 LOUISVILLE
008 D020404 KY
008 D030404 40202
015 A000401 NATIONAL CITY BANK
015 B000401 C
015 C010401 CLEVELAND
<PAGE>      PAGE  24
015 C020401 OH
015 C030401 44135
015 E030401 X
024  000400 Y
025 A000401 GOLDMAN SACHS
025 B000401 13-5108880
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030 B000400  0.00
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031 B000400      0
<PAGE>      PAGE  25
032  000400      0
033  000400      0
034  000400 N
035  000400      0
036 B000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 Y
041  000400 Y
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042 E000400   0
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042 G000400   0
042 H000400 100
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046  000400 Y
047  000400 Y
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055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
058 A000400 N
<PAGE>      PAGE  26
059  000400 Y
060 A000400 Y
060 B000400 Y
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063 A000400  32
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064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 N
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
<PAGE>      PAGE  27
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE>      PAGE  28
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073 A010400   0.0158
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008 A000801 NATIONAL CITY BANK
008 B000801 A
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008 D010801 CLEVELAND
008 D020801 OH
008 D030801 44114
008 A000802 NATIONAL CITY BANK, COLUMBUS
008 B000802 A
008 C000802 801-0000
008 D010802 COLUMBUS
008 D020802 OH
008 D030802 43251
<PAGE>      PAGE  29
008 A000803 NATIONAL CITY BANK, KENTUCKY
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008 D020803 KY
008 D030803 40202
008 A000804 NATIONAL ASSET MANAGEMENT CORPORATION
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008 D020804 KY
008 D030804 40202
015 A000801 NATIONAL CITY BANK
015 B000801 C
015 C010801 CLEVELAND
015 C020801 OH
015 C030801 44135
015 E030801 X
025 A000801 STATE STREET BOSTON CORP.
025 B000801 04-1867445
025 C000801 E
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025 B000802 04-2653569
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025 C000805 D
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025 A000806 CHASE MANHATTAN CORP.
025 B000806 13-3112953
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<PAGE>      PAGE  30
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032  000800      0
033  000800      0
034  000800 N
035  000800      0
036 B000800      0
037  000800 N
038  000800      0
039  000800 N
040  000800 Y
041  000800 Y
042 A000800   0
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046  000800 Y
047  000800 Y
<PAGE>      PAGE  31
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057  000800 N
058 A000800 N
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060 A000800 Y
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<PAGE>      PAGE  32
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066 D000800 N
066 E000800 N
066 F000800 N
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067  000800 N
068 A000800 N
068 B000800 N
069  000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
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070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 Y
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070 N020800 N
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070 R020800 N
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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008 A000901 NATIONAL CITY BANK
008 B000901 A
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008 D020901 OH
008 D030901 44114
008 A000902 NATIONAL CITY BANK, COLUMBUS
008 B000902 A
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008 D010902 COLUMBUS
008 D020902 OH
008 D030902 43251
008 A000903 NATIONAL CITY BANK, KENTUCKY
008 B000903 A
008 C000903 801-0000
008 D010903 LOUISVILLE
008 D020903 KY
008 D030903 40202
008 A000904 NATIONAL ASSET MANAGEMENT CORPORATION
008 B000904 A
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008 D010904 LOUISVILLE
008 D020904 KY
008 D030904 40202
015 A000901 NATIONAL CITY BANK
015 B000901 C
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015 C020901 OH
015 C030901 44135
015 E030901 X
024  000900 Y
<PAGE>      PAGE  35
025 A000901 FIDELITY
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025 C000901 E
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036 B000900      0
<PAGE>      PAGE  36
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038  000900      0
039  000900 N
040  000900 Y
041  000900 Y
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<PAGE>      PAGE  37
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064 B000900 N
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 Y
070 L010900 Y
070 L020900 Y
070 M010900 N
<PAGE>      PAGE  38
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900    108005
071 B000900    116609
071 C000900    121528
071 D000900   89
072 A000900  6
072 B000900     4136
072 C000900        0
072 D000900        0
072 E000900        0
072 F000900      318
072 G000900       63
072 H000900        0
072 I000900       28
072 J000900       12
072 K000900        0
072 L000900        1
072 M000900        2
072 N000900       10
072 O000900        0
072 P000900        0
072 Q000900        0
072 R000900        2
072 S000900        6
072 T000900       29
072 U000900        0
072 V000900        0
072 W000900        1
072 X000900      470
072 Y000900        0
072 Z000900     3666
072AA000900     1241
072BB000900      748
072CC010900     2727
072CC020900        0
072DD010900     3526
072DD020900      140
072EE000900        0
073 A010900   0.3015
073 A020900   0.2895
073 B000900   0.0000
<PAGE>      PAGE  39
073 C000900   0.0000
074 A000900        0
074 B000900        0
074 C000900        0
074 D000900   106789
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900     4246
074 J000900     4385
074 K000900        0
074 L000900     1983
074 M000900        3
074 N000900   117406
074 O000900     4457
074 P000900       37
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      605
074 S000900        0
074 T000900   112307
074 U010900    10262
074 U020900      367
074 V010900    10.56
074 V020900    10.62
074 W000900   0.0000
074 X000900     2274
074 Y000900        0
075 A000900        0
075 B000900   127200
076  000900     0.00
008 A001001 NATIONAL CITY BANK
008 B001001 A
008 C001001 801-0000
008 D011001 CLEVELAND
008 D021001 OH
008 D031001 44114
008 A001002 NATIONAL CITY BANK, COLUMBUS
008 B001002 A
008 C001002 801-0000
008 D011002 COLUMBUS
008 D021002 OH
008 D031002 43251
008 A001003 NATIONAL CITY BANK, KENTUCKY
008 B001003 A
008 C001003 801-0000
008 D011003 LOUISVILLE
008 D021003 KY
<PAGE>      PAGE  40
008 D031003 40202
008 A001004 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001004 A
008 C001004 801-0000
008 D011004 LOUISVILLE
008 D021004 KY
008 D031004 40202
015 A001001 NATIONAL CITY BANK
015 B001001 C
015 C011001 CLEVELAND
015 C021001 OH
015 C031001 44135
015 E031001 X
024  001000 N
028 A011000      5088
028 A021000         0
028 A031000         0
028 A041000      4702
028 B011000      1068
028 B021000        24
028 B031000         0
028 B041000      1724
028 C011000      1208
028 C021000        31
028 C031000         0
028 C041000      2643
028 D011000       885
028 D021000        30
028 D031000         0
028 D041000       411
028 E011000      1951
028 E021000        29
028 E031000         0
028 E041000       652
028 F011000      3137
028 F021000        30
028 F031000         0
028 F041000       869
028 G011000     13337
028 G021000       144
028 G031000         0
028 G041000     11001
028 H001000        13
029  001000 Y
030 A001000      0
030 B001000  3.00
030 C001000  0.00
031 A001000      0
031 B001000      0
032  001000      0
033  001000      0
<PAGE>      PAGE  41
034  001000 N
035  001000      0
036 B001000      0
037  001000 N
038  001000      0
039  001000 N
040  001000 Y
041  001000 Y
042 A001000   0
042 B001000   0
042 C001000   0
042 D001000   0
042 E001000   0
042 F001000   0
042 G001000   0
042 H001000 100
043  001000     31
044  001000      0
045  001000 Y
046  001000 Y
047  001000 Y
048  001000  0.550
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
055 A001000 N
055 B001000 N
056  001000 Y
057  001000 N
058 A001000 N
059  001000 Y
060 A001000 N
<PAGE>      PAGE  42
060 B001000 N
061  001000        0
062 A001000 Y
062 B001000   0.0
062 C001000   0.0
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   0.0
062 M001000   0.0
062 N001000   0.0
062 O001000  98.8
062 P001000   0.0
062 Q001000   0.0
062 R001000   1.2
063 A001000   0
063 B001000  7.7
064 A001000 N
064 B001000 N
066 A001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 N
070 B011000 N
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
<PAGE>      PAGE  43
070 L011000 N
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000     10324
071 B001000      7165
071 C001000     84756
071 D001000    8
072 A001000  6
072 B001000     2141
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000        0
072 G001000       43
072 H001000        0
072 I001000       10
072 J001000        9
072 K001000        0
072 L001000        3
072 M001000        1
072 N001000        4
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000        1
072 S001000        4
072 T001000       20
072 U001000        0
072 V001000        0
072 W001000       10
072 X001000      105
072 Y001000        0
072 Z001000     2036
072AA001000       31
072BB001000        6
072CC011000     2268
072CC021000        0
072DD011000     1915
072DD021000      121
072EE001000        0
<PAGE>      PAGE  44
073 A011000   0.2543
073 A021000   0.2534
073 B001000   0.0000
073 C001000   0.0000
074 A001000        0
074 B001000        0
074 C001000        0
074 D001000    89354
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000     1074
074 J001000        0
074 K001000        0
074 L001000     1751
074 M001000      211
074 N001000    92390
074 O001000     1500
074 P001000        0
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      362
074 S001000        0
074 T001000    90528
074 U011000     7774
074 U021000      476
074 V011000    10.98
074 V021000    10.94
074 W001000   0.0000
074 X001000      916
074 Y001000        0
075 A001000        0
075 B001000    86372
076  001000     0.00
008 A001101 NATIONAL CITY BANK
008 B001101 A
008 C001101 801-0000
008 D011101 CLEVELAND
008 D021101 OH
008 D031101 44114
008 A001102 NATIONAL CITY BANK, COLUMBUS
008 B001102 A
008 C001102 801-0000
008 D011102 COLUMBUS
008 D021102 OH
008 D031102 43251
008 A001103 NATIONAL CITY BANK, KENTUCKY
008 B001103 A
<PAGE>      PAGE  45
008 C001103 801-0000
008 D011103 LOUISVILLE
008 D021103 KY
008 D031103 40202
008 A001104 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001104 A
008 C001104 801-0000
008 D011104 LOUISVILLE
008 D021104 KY
008 D031104 40202
015 A001101 BANK OF CALIFORNIA
015 B001101 S
015 C011101 SAN FRANCISCO
015 C021101 CA
015 C031101 94111
015 E041101 X
024  001100 Y
025 A001101 BANC ONE CORP.
025 B001101 31-4148768
025 C001101 E
025 D001101     786
025 A001102 J.P. MORGAN
025 B001102 13-3224016
025 C001102 E
025 D001102     963
025 A001103 FIDELITY
025 B001103 04-2653569
025 C001103 E
025 D001103    3585
025 A001104 BANKAMERICA
025 B001104 36-0947896
025 C001104 E
025 D001104    1607
025 A001105 BANKERS TRUST NY CORP.
025 B001105 13-4941247
025 C001105 E
025 D001105    1331
025 D001106       0
025 D001107       0
025 D001108       0
028 A011100     14436
028 A021100         0
028 A031100         0
028 A041100       407
028 B011100      1137
028 B021100       168
028 B031100         0
028 B041100      1272
028 C011100      1381
028 C021100         0
028 C031100         0
<PAGE>      PAGE  46
028 C041100       683
028 D011100      1982
028 D021100         0
028 D031100         0
028 D041100      1555
028 E011100      2173
028 E021100       185
028 E031100         0
028 E041100       525
028 F011100      2449
028 F021100         0
028 F031100         0
028 F041100       178
028 G011100     23558
028 G021100       353
028 G031100         0
028 G041100      4620
028 H001100         9
029  001100 Y
030 A001100      0
030 B001100  3.75
030 C001100  0.00
031 A001100      0
031 B001100      0
032  001100      0
033  001100      0
034  001100 N
035  001100      0
036 B001100      0
037  001100 N
038  001100      0
039  001100 N
040  001100 Y
041  001100 Y
042 A001100   0
042 B001100   0
042 C001100   0
042 D001100   0
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100 100
043  001100     20
044  001100      0
045  001100 Y
046  001100 Y
047  001100 Y
048  001100  0.750
048 A011100        0
048 A021100 0.000
048 B011100        0
<PAGE>      PAGE  47
048 B021100 0.000
048 C011100        0
048 C021100 0.000
048 D011100        0
048 D021100 0.000
048 E011100        0
048 E021100 0.000
048 F011100        0
048 F021100 0.000
048 G011100        0
048 G021100 0.000
048 H011100        0
048 H021100 0.000
048 I011100        0
048 I021100 0.000
048 J011100        0
048 J021100 0.000
048 K011100        0
048 K021100 0.000
055 A001100 N
055 B001100 N
056  001100 Y
057  001100 N
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
061  001100        0
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
063 A001100   0
063 B001100  0.0
066 A001100 Y
066 B001100 N
066 C001100 N
<PAGE>      PAGE  48
066 D001100 N
066 E001100 N
066 F001100 N
066 G001100 Y
067  001100 Y
068 A001100 N
068 B001100 N
069  001100 N
070 A011100 Y
070 A021100 N
070 B011100 N
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 N
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 N
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100     27161
071 B001100      9849
071 C001100     74361
071 D001100   13
072 A001100  6
072 B001100      108
072 C001100     1228
<PAGE>      PAGE  49
072 D001100        0
072 E001100        0
072 F001100      290
072 G001100       39
072 H001100        0
072 I001100       18
072 J001100        8
072 K001100        0
072 L001100        0
072 M001100        1
072 N001100        7
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100        1
072 S001100        3
072 T001100       18
072 U001100        2
072 V001100        0
072 W001100        1
072 X001100      386
072 Y001100        0
072 Z001100      950
072AA001100     1441
072BB001100      285
072CC011100     8703
072CC021100        0
072DD011100      914
072DD021100        3
072EE001100        0
073 A011100   0.1507
073 A021100   0.1352
073 B001100   0.0000
073 C001100   0.0000
074 A001100        0
074 B001100        0
074 C001100        0
074 D001100      503
074 E001100        0
074 F001100    86818
074 G001100        0
074 H001100        0
074 I001100     3585
074 J001100        0
074 K001100        0
074 L001100      360
074 M001100      247
074 N001100    91513
074 O001100        0
074 P001100       54
074 Q001100        0
<PAGE>      PAGE  50
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100       33
074 S001100        0
074 T001100    91426
074 U011100     6404
074 U021100       23
074 V011100    14.23
074 V021100    14.22
074 W001100   0.0000
074 X001100     1747
074 Y001100        0
075 A001100        0
075 B001100    77074
076  001100     0.00
008 A001201 NATIONAL CITY BANK
008 B001201 A
008 C001201 801-0000
008 D011201 CLEVELAND
008 D021201 OH
008 D031201 44114
008 A001202 NATIONAL CITY BANK, COLUMBUS
008 B001202 A
008 C001202 801-0000
008 D011202 COLUMBUS
008 D021202 OH
008 D031202 43251
008 A001203 NATIONAL CITY BANK, KENTUCKY
008 B001203 A
008 C001203 801-0000
008 D011203 LOUISVILLE
008 D021203 KY
008 D031203 40202
008 A001204 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001204 A
008 C001204 801-0000
008 D011204 LOUISVILLE
008 D021204 KY
008 D031204 40202
015 A001201 NATIONAL CITY BANK
015 B001201 C
015 C011201 CLEVELAND
015 C021201 OH
015 C031201 44135
015 E031201 X
024  001200 Y
025 A001201 FIDELITY
025 B001201 04-2653569
025 C001201 E
025 D001201    2389
<PAGE>      PAGE  51
025 D001202       0
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200      8924
028 A021200         0
028 A031200         0
028 A041200       780
028 B011200      3269
028 B021200         0
028 B031200         0
028 B041200       847
028 C011200      1624
028 C021200         0
028 C031200         0
028 C041200      1089
028 D011200      1705
028 D021200         0
028 D031200         0
028 D041200       180
028 E011200      5168
028 E021200         0
028 E031200         0
028 E041200      2437
028 F011200      3433
028 F021200         0
028 F031200         0
028 F041200       508
028 G011200     24123
028 G021200         0
028 G031200         0
028 G041200      5841
028 H001200        24
029  001200 Y
030 A001200      1
030 B001200  3.75
030 C001200  0.00
031 A001200      1
031 B001200      0
032  001200      0
033  001200      0
034  001200 N
035  001200      0
036 B001200      0
037  001200 Y
038  001200      0
039  001200 N
040  001200 Y
<PAGE>      PAGE  52
041  001200 Y
042 A001200   0
042 B001200   0
042 C001200   0
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200 100
043  001200     25
044  001200      0
045  001200 Y
046  001200 Y
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
055 A001200 N
055 B001200 N
056  001200 Y
057  001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200        0
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
<PAGE>      PAGE  53
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   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
063 A001200   0
063 B001200  0.0
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 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 N
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 Y
070 L021200 N
070 M011200 N
<PAGE>      PAGE  54
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200     57515
071 B001200     34605
071 C001200    112151
071 D001200   31
072 A001200  6
072 B001200        0
072 C001200     1016
072 D001200        0
072 E001200        0
072 F001200      431
072 G001200       57
072 H001200        0
072 I001200       18
072 J001200       11
072 K001200        0
072 L001200        1
072 M001200        1
072 N001200        6
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        1
072 S001200        3
072 T001200       26
072 U001200        2
072 V001200        0
072 W001200        1
072 X001200      558
072 Y001200        0
072 Z001200      456
072AA001200     7553
072BB001200     2454
072CC011200     3395
072CC021200        0
072DD011200        0
072DD021200        0
072EE001200        0
073 A011200   0.0000
073 A021200   0.0000
073 B001200   0.0000
<PAGE>      PAGE  55
073 C001200   0.0000
074 A001200        0
074 B001200        0
074 C001200        0
074 D001200        0
074 E001200     2050
074 F001200   126080
074 G001200        0
074 H001200        0
074 I001200     2390
074 J001200      671
074 K001200        0
074 L001200      956
074 M001200       15
074 N001200   132162
074 O001200      796
074 P001200       78
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200       60
074 S001200        0
074 T001200   131228
074 U011200     9030
074 U021200      307
074 V011200    14.06
074 V021200    13.87
074 W001200   0.0000
074 X001200     3774
074 Y001200        0
075 A001200        0
075 B001200   114647
076  001200     0.00
008 A001301 NATIONAL CITY BANK
008 B001301 A
008 C001301 801-0000
008 D011301 CLEVELAND
008 D021301 OH
008 D031301 44114
008 A001302 NATIONAL CITY BANK, COLUMBUS
008 B001302 A
008 C001302 801-0000
008 D011302 COLUMBUS
008 D021302 OH
008 D031302 43251
008 A001303 NATIONAL CITY BANK, KENTUCKY
008 B001303 A
008 C001303 801-0000
008 D011303 LOUISVILLE
008 D021303 KY
<PAGE>      PAGE  56
008 D031303 40202
008 A001304 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001304 A
008 C001304 801-0000
008 D011304 LOUISVILLE
008 D021304 KY
008 D031304 40202
015 A001301 NATIONAL CITY BANK
015 B001301 C
015 C011301 CLEVELAND
015 C021301 OH
015 C031301 44135
015 E031301 X
015 A001302 BANK OF CALIFORNIA,NA
015 B001302 S
015 C011302 SAN FRANCISCO
015 C021302 CA
015 C031302 94111
015 E041302 X
024  001300 Y
025 A001301 FIDELITY
025 B001301 04-2653569
025 C001301 E
025 D001301     644
025 A001302 CHASE MANHATTAN CORP.
025 B001302 13-3112953
025 C001302 D
025 D001302    3446
025 D001303       0
025 D001304       0
025 D001305       0
025 D001306       0
025 D001307       0
025 D001308       0
028 A011300      2680
028 A021300         0
028 A031300         0
028 A041300      4752
028 B011300      3491
028 B021300       201
028 B031300         0
028 B041300     11635
028 C011300     11357
028 C021300       205
028 C031300         0
028 C041300       577
028 D011300      5922
028 D021300       200
028 D031300         0
028 D041300      2957
028 E011300       547
<PAGE>      PAGE  57
028 E021300       197
028 E031300         0
028 E041300      7167
028 F011300      1392
028 F021300       416
028 F031300         0
028 F041300      6982
028 G011300     25389
028 G021300      1219
028 G031300         0
028 G041300     34070
028 H001300         1
029  001300 Y
030 A001300      0
030 B001300  2.75
030 C001300  0.00
031 A001300      0
031 B001300      0
032  001300      0
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
037  001300 N
038  001300      0
039  001300 N
040  001300 Y
041  001300 Y
042 A001300   0
042 B001300   0
042 C001300   0
042 D001300   0
042 E001300   0
042 F001300   0
042 G001300   0
042 H001300 100
043  001300      0
044  001300      0
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.450
048 A011300        0
048 A021300 0.000
048 B011300        0
048 B021300 0.000
048 C011300        0
048 C021300 0.000
048 D011300        0
048 D021300 0.000
048 E011300        0
<PAGE>      PAGE  58
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300        0
048 K021300 0.000
055 A001300 N
055 B001300 N
056  001300 Y
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 Y
060 B001300 Y
061  001300        0
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   0.0
062 M001300  37.5
062 N001300   0.0
062 O001300   0.0
062 P001300   6.0
062 Q001300  55.3
062 R001300   1.1
063 A001300   0
063 B001300  2.3
064 A001300 N
064 B001300 N
066 A001300 N
067  001300 N
068 A001300 N
068 B001300 N
069  001300 N
070 A011300 Y
070 A021300 N
<PAGE>      PAGE  59
070 B011300 N
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300     85264
071 B001300     69526
071 C001300     46315
071 D001300  150
072 A001300  6
072 B001300     1974
072 C001300        0
072 D001300        0
072 E001300        0
072 F001300        0
072 G001300       34
072 H001300        0
072 I001300       11
072 J001300        7
072 K001300        0
072 L001300        1
072 M001300        1
<PAGE>      PAGE  60
072 N001300        3
072 O001300        0
072 P001300        0
072 Q001300        0
072 R001300        1
072 S001300        4
072 T001300        2
072 U001300        2
072 V001300        0
072 W001300        0
072 X001300       66
072 Y001300        0
072 Z001300     1908
072AA001300      261
072BB001300      122
072CC011300      516
072CC021300        0
072DD011300     1853
072DD021300       55
072EE001300        0
073 A011300   0.2824
073 A021300   0.2778
073 B001300   0.0000
073 C001300   0.0000
074 A001300        0
074 B001300        0
074 C001300    22896
074 D001300    37545
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300      644
074 J001300        0
074 K001300        0
074 L001300      867
074 M001300       16
074 N001300    61968
074 O001300        0
074 P001300        0
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      139
074 S001300        0
074 T001300    61829
074 U011300     5913
074 U021300      204
074 V011300    10.11
074 V021300    10.12
<PAGE>      PAGE  61
074 W001300   0.0000
074 X001300      276
074 Y001300        0
075 A001300        0
075 B001300    68400
076  001300     0.00
008 A001401 NATIONAL CITY BANK
008 B001401 A
008 C001401 801-0000
008 D011401 CLEVELAND
008 D021401 OH
008 D031401 44114
008 A001402 NATIONAL CITY BANK, COLUMBUS
008 B001402 A
008 C001402 801-0000
008 D011402 COLUMBUS
008 D021402 OH
008 D031402 43251
008 A001403 NATIONAL CITY BANK, KENTUCKY
008 B001403 A
008 C001403 801-0000
008 D011403 LOUISVILLE
008 D021403 KY
008 D031403 40202
008 A001404 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001404 A
008 C001404 801-0000
008 D011404 LOUISVILLE
008 D021404 KY
008 D031404 40202
015 A001401 NATIONAL CITY BANK
015 B001401 C
015 C011401 CLEVELAND
015 C021401 OH
015 C031401 44135
015 E031401 X
015 A001402 BANK OF CALIFORNIA, NA
015 B001402 S
015 C011402 SAN FRANCISCO
015 C021402 CA
015 C031402 94111
015 E041402 X
024  001400 Y
025 A001401 FIDELITY
025 B001401 04-2653569
025 C001401 E
025 D001401    6323
025 A001402 BANKAMERICA CORP.
025 B001402 36-0947896
025 C001402 D
025 D001402    5172
<PAGE>      PAGE  62
025 A001403 PRUDENTIAL
025 B001403 22-2347336
025 C001403 D
025 D001403    2696
025 D001404       0
025 D001405       0
025 D001406       0
025 D001407       0
025 D001408       0
028 A011400      2171
028 A021400         0
028 A031400         0
028 A041400      3597
028 B011400      5349
028 B021400       845
028 B031400         0
028 B041400      1742
028 C011400      6140
028 C021400       887
028 C031400         0
028 C041400      2022
028 D011400      4445
028 D021400       905
028 D031400         0
028 D041400      2159
028 E011400      3056
028 E021400       903
028 E031400         0
028 E041400     24203
028 F011400      6701
028 F021400      1825
028 F031400         0
028 F041400     14445
028 G011400     27862
028 G021400      5365
028 G031400         0
028 G041400     48168
028 H001400         1
029  001400 Y
030 A001400      0
030 B001400  3.75
030 C001400  0.00
031 A001400      0
031 B001400      0
032  001400      0
033  001400      0
034  001400 N
035  001400      0
036 B001400      0
037  001400 N
038  001400      0
<PAGE>      PAGE  63
039  001400 N
040  001400 Y
041  001400 Y
042 A001400   0
042 B001400   0
042 C001400   0
042 D001400   0
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400 100
043  001400      0
044  001400      0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.550
048 A011400        0
048 A021400 0.000
048 B011400        0
048 B021400 0.000
048 C011400        0
048 C021400 0.000
048 D011400        0
048 D021400 0.000
048 E011400        0
048 E021400 0.000
048 F011400        0
048 F021400 0.000
048 G011400        0
048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400        0
048 K021400 0.000
055 A001400 N
055 B001400 N
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400        0
062 A001400 Y
062 B001400   0.0
062 C001400   0.0
<PAGE>      PAGE  64
062 D001400   0.0
062 E001400   0.0
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
062 I001400   0.0
062 J001400   0.0
062 K001400   0.0
062 L001400   0.0
062 M001400  24.9
062 N001400   8.5
062 O001400   0.0
062 P001400  32.3
062 Q001400  32.1
062 R001400   2.2
063 A001400   0
063 B001400  7.6
064 A001400 N
064 B001400 N
066 A001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 N
070 B011400 N
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 Y
070 L021400 Y
070 M011400 Y
070 M021400 N
070 N011400 Y
<PAGE>      PAGE  65
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400    220755
071 B001400    232624
071 C001400    277363
071 D001400   80
072 A001400  6
072 B001400     9949
072 C001400        0
072 D001400        0
072 E001400        0
072 F001400        0
072 G001400      133
072 H001400        0
072 I001400       13
072 J001400       20
072 K001400        0
072 L001400        4
072 M001400        4
072 N001400       13
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400        5
072 S001400       14
072 T001400        8
072 U001400        2
072 V001400        0
072 W001400        3
072 X001400      219
072 Y001400        0
072 Z001400     9730
072AA001400     1423
072BB001400     2742
072CC011400    14490
072CC021400        0
072DD011400     9662
072DD021400       68
072EE001400        0
073 A011400   0.3382
073 A021400   0.3200
073 B001400   0.0000
073 C001400   0.0000
074 A001400        0
<PAGE>      PAGE  66
074 B001400        0
074 C001400     1165
074 D001400   271499
074 E001400        0
074 F001400        0
074 G001400        0
074 H001400        0
074 I001400     6323
074 J001400     2052
074 K001400        0
074 L001400     3068
074 M001400       15
074 N001400   284122
074 O001400     2026
074 P001400        0
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400     1424
074 S001400        0
074 T001400   280672
074 U011400    26943
074 U021400      212
074 V011400    10.34
074 V021400    10.33
074 W001400   0.0000
074 X001400      784
074 Y001400        0
075 A001400        0
075 B001400   288126
076  001400     0.00
008 A001501 NATIONAL CITY BANK
008 B001501 A
008 C001501 801-0000
008 D011501 CLEVELAND
008 D021501 OH
008 D031501 44114
008 A001502 NATIONAL CITY BANK, COLUMBUS
008 B001502 A
008 C001502 801-0000
008 D011502 COLUMBUS
008 D021502 OH
008 D031502 43251
008 A001503 NATIONAL CITY BANK, KENTUCKY
008 B001503 A
008 C001503 801-0000
008 D011503 LOUISVILLE
008 D021503 KY
008 D031503 40202
008 A001504 NATIONAL ASSET MANAGEMENT CORPORATION
<PAGE>      PAGE  67
008 B001504 A
008 C001504 801-0000
008 D011504 LOUISVILLE
008 D021504 KY
008 D031504 40202
015 A001501 NATIONAL CITY BANK
015 B001501 C
015 C011501 CLEVELAND
015 C021501 OH
015 C031501 44135
015 E031501 X
024  001500 Y
025 A001501 GOLDMAN SACHS
025 B001501 13-5108880
025 C001501 D
025 D001501    1326
025 D001502       0
025 D001503       0
025 D001504       0
025 D001505       0
025 D001506       0
025 D001507       0
025 D001508       0
028 A011500       863
028 A021500         8
028 A031500         0
028 A041500       469
028 B011500       684
028 B021500         8
028 B031500         0
028 B041500       833
028 C011500      4385
028 C021500         9
028 C031500         0
028 C041500       543
028 D011500       362
028 D021500         0
028 D031500         0
028 D041500      1325
028 E011500       573
028 E021500         8
028 E031500         0
028 E041500       479
028 F011500       575
028 F021500        18
028 F031500         0
028 F041500      4467
028 G011500      7442
028 G021500        51
028 G031500         0
028 G041500      8116
<PAGE>      PAGE  68
028 H001500         0
029  001500 Y
030 A001500      0
030 B001500  3.75
030 C001500  0.00
031 A001500      0
031 B001500      0
032  001500      0
033  001500      0
034  001500 N
035  001500      0
036 B001500      0
037  001500 N
038  001500      0
039  001500 N
040  001500 Y
041  001500 Y
042 A001500   0
042 B001500   0
042 C001500   0
042 D001500   0
042 E001500   0
042 F001500   0
042 G001500   0
042 H001500 100
043  001500      0
044  001500      0
045  001500 Y
046  001500 N
047  001500 Y
048  001500  0.550
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
<PAGE>      PAGE  69
048 K011500        0
048 K021500 0.000
055 A001500 N
055 B001500 N
056  001500 Y
057  001500 N
058 A001500 N
059  001500 Y
060 A001500 Y
060 B001500 Y
061  001500        0
062 A001500 Y
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  35.9
062 N001500  51.0
062 O001500   0.0
062 P001500   0.0
062 Q001500  11.6
062 R001500   1.5
063 A001500   0
063 B001500  7.5
064 A001500 N
064 B001500 N
066 A001500 N
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 N
070 B011500 N
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 N
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 N
070 F021500 N
070 G011500 Y
<PAGE>      PAGE  70
070 G021500 N
070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 Y
070 L021500 Y
070 M011500 Y
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500     33452
071 B001500     32225
071 C001500     88307
071 D001500   36
072 A001500  6
072 B001500     3039
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072 D001500        0
072 E001500        0
072 F001500      236
072 G001500       66
072 H001500        0
072 I001500       15
072 J001500        7
072 K001500        0
072 L001500        6
072 M001500        3
072 N001500        2
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072 P001500        0
072 Q001500        0
072 R001500        1
072 S001500        2
072 T001500       10
072 U001500        2
072 V001500        0
072 W001500       37
072 X001500      387
<PAGE>      PAGE  71
072 Y001500        0
072 Z001500     2652
072AA001500      140
072BB001500      233
072CC011500     2480
072CC021500        0
072DD011500     2720
072DD021500        0
072EE001500        0
073 A011500   0.2934
073 A021500   0.1200
073 B001500   0.0000
073 C001500   0.0000
074 A001500        0
074 B001500        0
074 C001500     3544
074 D001500    85535
074 E001500        0
074 F001500        0
074 G001500        0
074 H001500        0
074 I001500     1326
074 J001500        0
074 K001500        0
074 L001500     1043
074 M001500       17
074 N001500    91465
074 O001500        0
074 P001500       42
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        0
074 R041500      898
074 S001500        0
074 T001500    90525
074 U011500     8850
074 U021500        2
074 V011500    10.23
074 V021500    10.23
074 W001500   0.0000
074 X001500     2883
074 Y001500        0
075 A001500        0
075 B001500    91693
076  001500     0.00
008 A001601 NATIONAL CITY BANK
008 B001601 A
008 C001601 801-0000
008 D011601 CLEVELAND
008 D021601 OH
<PAGE>      PAGE  72
008 D031601 44114
008 A001602 NATIONAL CITY BANK, COLUMBUS
008 B001602 A
008 C001602 801-0000
008 D011602 COLUMBUS
008 D021602 OH
008 D031602 43251
008 A001603 NATIONAL CITY BANK, KENTUCKY
008 B001603 A
008 C001603 801-0000
008 D011603 LOUISVILLE
008 D021603 KY
008 D031603 40202
008 A001604 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001604 A
008 C001604 801-0000
008 D011604 LOUISVILLE
008 D021604 KY
008 D031604 40202
015 A001601 NATIONAL CITY BANK
015 B001601 C
015 C011601 CLEVELAND
015 C021601 OH
015 C031601 44135
015 E031601 X
024  001600 Y
025 A001601 GOLDMAN SACHS
025 B001601 13-5108880
025 C001601 E
025 D001601     323
025 D001602       0
025 D001603       0
025 D001604       0
025 D001605       0
025 D001606       0
025 D001607       0
025 D001608       0
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028 B011600       787
028 B021600         8
028 B031600         0
028 B041600       615
028 C011600      3480
028 C021600         8
028 C031600         0
028 C041600       420
028 D011600       367
028 D021600         0
<PAGE>      PAGE  73
028 D031600         0
028 D041600       848
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028 E021600         9
028 E031600         0
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028 F011600       716
028 F021600        18
028 F031600         0
028 F041600      3487
028 G011600      6240
028 G021600        51
028 G031600         0
028 G041600      6180
028 H001600         0
029  001600 Y
030 A001600      0
030 B001600  3.75
030 C001600  0.00
031 A001600      0
031 B001600      0
032  001600      0
033  001600      0
034  001600 N
035  001600      0
036 B001600      0
037  001600 N
038  001600      0
039  001600 N
040  001600 Y
041  001600 Y
042 A001600   0
042 B001600   0
042 C001600   0
042 D001600   0
042 E001600   0
042 F001600   0
042 G001600   0
042 H001600 100
043  001600      0
044  001600      0
045  001600 Y
046  001600 N
047  001600 Y
048  001600  0.550
048 A011600        0
048 A021600 0.000
048 B011600        0
048 B021600 0.000
048 C011600        0
048 C021600 0.000
<PAGE>      PAGE  74
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
055 A001600 Y
055 B001600 N
056  001600 Y
057  001600 N
058 A001600 N
059  001600 Y
060 A001600 Y
060 B001600 Y
061  001600        0
062 A001600 Y
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  99.5
062 O001600   0.0
062 P001600   0.0
062 Q001600   0.0
062 R001600   0.5
063 A001600   0
063 B001600 10.9
064 A001600 N
064 B001600 N
066 A001600 N
067  001600 N
068 A001600 N
068 B001600 N
<PAGE>      PAGE  75
069  001600 N
070 A011600 Y
070 A021600 N
070 B011600 N
070 B021600 N
070 C011600 Y
070 C021600 N
070 D011600 N
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 N
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 Y
070 I021600 N
070 J011600 N
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 N
070 L021600 N
070 M011600 N
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 Y
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 Y
070 R021600 N
071 A001600     21952
071 B001600     19485
071 C001600     61655
071 D001600   32
072 A001600  6
072 B001600     2326
072 C001600        0
072 D001600        0
072 E001600        0
072 F001600      148
072 G001600       45
072 H001600        0
072 I001600       14
072 J001600        7
<PAGE>      PAGE  76
072 K001600        0
072 L001600        5
072 M001600        2
072 N001600        7
072 O001600        0
072 P001600        0
072 Q001600        0
072 R001600       21
072 S001600        2
072 T001600        7
072 U001600        2
072 V001600        0
072 W001600        9
072 X001600      270
072 Y001600        0
072 Z001600     2056
072AA001600      164
072BB001600      264
072CC011600     2056
072CC021600        0
072DD011600     2054
072DD021600        2
072EE001600        0
073 A011600   0.3311
073 A021600   0.1400
073 B001600   0.0000
073 C001600   0.0000
074 A001600        0
074 B001600        0
074 C001600        0
074 D001600    62477
074 E001600        0
074 F001600        0
074 G001600        0
074 H001600        0
074 I001600      324
074 J001600        0
074 K001600        0
074 L001600      470
074 M001600       18
074 N001600    63289
074 O001600        0
074 P001600       29
074 Q001600        0
074 R011600        0
074 R021600        0
074 R031600        0
074 R041600      660
074 S001600        0
074 T001600    62600
074 U011600     6037
<PAGE>      PAGE  77
074 U021600       12
074 V011600    10.35
074 V021600    10.35
074 W001600   0.0000
074 X001600     2896
074 Y001600        0
075 A001600        0
075 B001600    62955
076  001600     0.00
008 A001701 NATIONAL CITY BANK
008 B001701 A
008 C001701 801-0000
008 D011701 CLEVELAND
008 D021701 OH
008 D031701 44114
008 A001702 NATIONAL CITY BANK, COLUMBUS
008 B001702 A
008 C001702 801-0000
008 D011702 COLUMBUS
008 D021702 OH
008 D031702 43251
008 A001703 NATIONAL CITY BANK, KENTUCKY
008 B001703 A
008 C001703 801-0000
008 D011703 LOUISVILLE
008 D021703 KY
008 D031703 40202
008 A001704 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001704 A
008 C001704 801-0000
008 D011704 LOUISVILLE
008 D021704 KY
008 D031704 40202
008 A001705 WEISS PECK & GREER, L.L.C.
008 B001705 S
008 C001705 801-0000
008 D011705 NEW YORK
008 D021705 NY
008 D031705 10004
015 A001701 NATIONAL CITY BANK
015 B001701 C
015 C011701 CLEVELAND
015 C021701 OH
015 C031701 44135
015 E031701 X
024  001700 Y
025 A001701 PA FEDERATED
025 B001701 25-1203925
025 C001701 E
025 D001701    1334
025 D001702       0
<PAGE>      PAGE  78
025 D001703       0
025 D001704       0
025 D001705       0
025 D001706       0
025 D001707       0
025 D001708       0
028 A011700     10028
028 A021700         5
028 A031700         0
028 A041700      9027
028 B011700     10781
028 B021700         5
028 B031700         0
028 B041700     12095
028 C011700      8077
028 C021700         5
028 C031700         0
028 C041700      9435
028 D011700     84868
028 D021700         5
028 D031700         0
028 D041700     84908
028 E011700     18049
028 E021700         3
028 E031700         0
028 E041700     14902
028 F011700     14213
028 F021700         3
028 F031700         0
028 F041700     10468
028 G011700    146016
028 G021700        26
028 G031700         0
028 G041700    140835
028 H001700         0
029  001700 N
030 A001700      0
030 B001700  0.00
030 C001700  0.00
034  001700 N
035  001700      0
036 B001700      0
037  001700 N
038  001700      0
039  001700 N
040  001700 Y
041  001700 Y
042 A001700   0
042 B001700   0
042 C001700   0
042 D001700   0
<PAGE>      PAGE  79
042 E001700   0
042 F001700   0
042 G001700   0
042 H001700 100
043  001700      0
044  001700      0
045  001700 Y
046  001700 N
047  001700 Y
048  001700  0.400
048 A011700        0
048 A021700 0.000
048 B011700        0
048 B021700 0.000
048 C011700        0
048 C021700 0.000
048 D011700        0
048 D021700 0.000
048 E011700        0
048 E021700 0.000
048 F011700        0
048 F021700 0.000
048 G011700        0
048 G021700 0.000
048 H011700        0
048 H021700 0.000
048 I011700        0
048 I021700 0.000
048 J011700        0
048 J021700 0.000
048 K011700        0
048 K021700 0.000
055 A001700 N
055 B001700 N
056  001700 Y
057  001700 N
058 A001700 N
059  001700 Y
060 A001700 N
060 B001700 N
061  001700      500
062 A001700 Y
062 B001700   0.0
062 C001700   0.0
062 D001700   0.0
062 E001700  98.2
062 F001700   0.0
062 G001700   0.0
062 H001700   0.0
062 I001700   0.0
062 J001700   0.0
<PAGE>      PAGE  80
062 K001700   0.0
062 L001700   0.0
062 M001700   0.0
062 N001700   0.0
062 O001700   0.0
062 P001700   0.0
062 Q001700   0.0
062 R001700   1.8
063 A001700  46
063 B001700  0.0
064 A001700 Y
064 B001700 N
066 A001700 N
067  001700 N
068 A001700 N
068 B001700 N
069  001700 N
070 A011700 Y
070 A021700 N
070 B011700 N
070 B021700 N
070 C011700 N
070 C021700 N
070 D011700 N
070 D021700 N
070 E011700 N
070 E021700 N
070 F011700 N
070 F021700 N
070 G011700 N
070 G021700 N
070 H011700 N
070 H021700 N
070 I011700 N
070 I021700 N
070 J011700 Y
070 J021700 N
070 K011700 Y
070 K021700 Y
070 L011700 N
070 L021700 N
070 M011700 N
070 M021700 N
070 N011700 N
070 N021700 N
070 O011700 Y
070 O021700 N
070 P011700 Y
070 P021700 N
070 Q011700 N
070 Q021700 N
<PAGE>      PAGE  81
070 R011700 N
070 R021700 N
071 A001700         0
071 B001700         0
071 C001700         0
071 D001700    0
072 A001700  6
072 B001700     1255
072 C001700        0
072 D001700        0
072 E001700        0
072 F001700       59
072 G001700       36
072 H001700        0
072 I001700       13
072 J001700        6
072 K001700        0
072 L001700        4
072 M001700        3
072 N001700        0
072 O001700        0
072 P001700        0
072 Q001700        0
072 R001700       22
072 S001700        2
072 T001700        7
072 U001700        2
072 V001700        0
072 W001700       12
072 X001700      166
072 Y001700        0
072 Z001700     1089
072AA001700        0
072BB001700        0
072CC011700        0
072CC021700        0
072DD011700     1067
072DD021700       22
072EE001700        0
073 A011700   0.0155
073 A021700   0.0071
073 B001700   0.0000
073 C001700   0.0000
074 A001700        0
074 B001700        0
074 C001700    72067
074 D001700        0
074 E001700        0
074 F001700        0
074 G001700        0
074 H001700        0
<PAGE>      PAGE  82
074 I001700     1334
074 J001700        0
074 K001700        0
074 L001700      533
074 M001700        9
074 N001700    73943
074 O001700        0
074 P001700        6
074 Q001700        0
074 R011700        0
074 R021700        0
074 R031700        0
074 R041700      258
074 S001700        0
074 T001700    73679
074 U011700    69173
074 U021700     4509
074 V011700     1.00
074 V021700     1.00
074 W001700   1.0002
074 X001700      720
074 Y001700        0
075 A001700    72168
075 B001700        0
076  001700     0.00
008 A001801 NATIONAL CITY BANK
008 B001801 A
008 C001801 801-0000
008 D011801 CLEVELAND
008 D021801 OH
008 D031801 44114
008 A001802 NATIONAL CITY BANK, COLUMBUS
008 B001802 A
008 C001802 801-0000
008 D011802 COLUMBUS
008 D021802 OH
008 D031802 43251
008 A001803 NATIONAL CITY BANK, KENTUCKY
008 B001803 A
008 C001803 801-0000
008 D011803 LOUISVILLE
008 D021803 KY
008 D031803 40202
008 A001804 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001804 A
008 C001804 801-0000
008 D011804 LOUISVILLE
008 D021804 KY
008 D031804 40202
008 A001805 WEISS PECK & GREER, L.L.C.
008 B001805 S
<PAGE>      PAGE  83
008 C001805 801-0000
008 D011805 NEW YORK
008 D021805 NY
008 D031805 10004
015 A001801 NATIONAL CITY BANK
015 B001801 C
015 C011801 CLEVELAND
015 C021801 OH
015 C031801 44135
015 E031801 X
024  001800 N
028 A011800       388
028 A021800         0
028 A031800         0
028 A041800       644
028 B011800       199
028 B021800         0
028 B031800         0
028 B041800       797
028 C011800       173
028 C021800         1
028 C031800         0
028 C041800      1381
028 D011800       157
028 D021800         0
028 D031800         0
028 D041800       394
028 E011800       548
028 E021800         0
028 E031800         0
028 E041800       370
028 F011800       223
028 F021800         0
028 F031800         0
028 F041800       533
028 G011800      1688
028 G021800         1
028 G031800         0
028 G041800      4119
028 H001800         0
029  001800 Y
030 A001800      0
030 B001800  3.00
030 C001800  0.00
031 A001800      0
031 B001800      0
032  001800      0
033  001800      0
034  001800 N
035  001800      0
036 B001800      0
<PAGE>      PAGE  84
037  001800 N
038  001800      0
039  001800 N
040  001800 Y
041  001800 Y
042 A001800   0
042 B001800   0
042 C001800   0
042 D001800   0
042 E001800   0
042 F001800   0
042 G001800   0
042 H001800 100
043  001800      0
044  001800      0
045  001800 Y
046  001800 N
047  001800 Y
048  001800  0.550
048 A011800        0
048 A021800 0.000
048 B011800        0
048 B021800 0.000
048 C011800        0
048 C021800 0.000
048 D011800        0
048 D021800 0.000
048 E011800        0
048 E021800 0.000
048 F011800        0
048 F021800 0.000
048 G011800        0
048 G021800 0.000
048 H011800        0
048 H021800 0.000
048 I011800        0
048 I021800 0.000
048 J011800        0
048 J021800 0.000
048 K011800        0
048 K021800 0.000
055 A001800 Y
055 B001800 N
056  001800 Y
057  001800 N
058 A001800 N
059  001800 Y
060 A001800 Y
060 B001800 Y
061  001800        0
062 A001800 Y
<PAGE>      PAGE  85
062 B001800   0.0
062 C001800   0.0
062 D001800   0.0
062 E001800   0.0
062 F001800   0.0
062 G001800   0.0
062 H001800   0.0
062 I001800   0.0
062 J001800   0.0
062 K001800   0.0
062 L001800   0.0
062 M001800   0.0
062 N001800   0.0
062 O001800  99.9
062 P001800   0.0
062 Q001800   0.0
062 R001800   0.1
063 A001800   0
063 B001800  6.0
064 A001800 Y
064 B001800 N
066 A001800 N
067  001800 N
068 A001800 N
068 B001800 N
069  001800 N
070 A011800 Y
070 A021800 N
070 B011800 N
070 B021800 N
070 C011800 N
070 C021800 N
070 D011800 N
070 D021800 N
070 E011800 N
070 E021800 N
070 F011800 N
070 F021800 N
070 G011800 N
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
070 I021800 N
070 J011800 Y
070 J021800 N
070 K011800 Y
070 K021800 Y
070 L011800 N
070 L021800 N
070 M011800 N
<PAGE>      PAGE  86
070 M021800 N
070 N011800 Y
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 Y
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 N
070 R021800 N
071 A001800      7662
071 B001800      9048
071 C001800     36996
071 D001800   21
072 A001800  6
072 B001800      986
072 C001800        0
072 D001800        0
072 E001800        0
072 F001800       92
072 G001800       27
072 H001800        0
072 I001800       12
072 J001800        2
072 K001800        0
072 L001800        3
072 M001800        1
072 N001800        2
072 O001800        0
072 P001800        0
072 Q001800        0
072 R001800       11
072 S001800        1
072 T001800        1
072 U001800        2
072 V001800        0
072 W001800       11
072 X001800      165
072 Y001800        0
072 Z001800      821
072AA001800       53
072BB001800        5
072CC011800      846
072CC021800        0
072DD011800      820
072DD021800        1
072EE001800        0
073 A011800   0.2217
073 A021800   0.1000
073 B001800   0.0000
<PAGE>      PAGE  87
073 C001800   0.0000
074 A001800        0
074 B001800        0
074 C001800        0
074 D001800    36714
074 E001800        0
074 F001800        0
074 G001800        0
074 H001800        0
074 I001800       38
074 J001800        0
074 K001800        0
074 L001800      693
074 M001800       10
074 N001800    37455
074 O001800        0
074 P001800       10
074 Q001800        0
074 R011800        0
074 R021800        0
074 R031800        0
074 R041800      249
074 S001800        0
074 T001800    37196
074 U011800     3596
074 U021800        8
074 V011800    10.32
074 V021800    10.32
074 W001800   0.0000
074 X001800      408
074 Y001800        0
075 A001800        0
075 B001800    37649
076  001800     0.00
SIGNATURE   WENDY MCGEE                                  
TITLE       LEGAL ASSISTANT     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 011
   <NAME> ARMADA MONEY MARKET FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                       1966482081
<INVESTMENTS-AT-VALUE>                      1966482081
<RECEIVABLES>                                   642632
<ASSETS-OTHER>                                   52987
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1967177700
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<OTHER-ITEMS-LIABILITIES>                      9496052
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<PAID-IN-CAPITAL-COMMON>                    1957689962
<SHARES-COMMON-STOCK>                       1614170605
<SHARES-COMMON-PRIOR>                       1344418519
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-REDEEMED>                 2076609387
<SHARES-REINVESTED>                               8564
<NET-CHANGE-IN-ASSETS>                       270181040
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (8314)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3279239
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4474503
<AVERAGE-NET-ASSETS>                        1522378672
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .025
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .025
<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .36
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 012
   <NAME> ARMADA MONEY MARKET FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                       1966482081
<INVESTMENTS-AT-VALUE>                      1966482081
<RECEIVABLES>                                   642632
<ASSETS-OTHER>                                   52987
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1967177700
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      9496052
<TOTAL-LIABILITIES>                            9496052
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1957689962
<SHARES-COMMON-STOCK>                        343519357
<SHARES-COMMON-PRIOR>                        343090403
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
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<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                  925339023
<SHARES-REINVESTED>                            6626611
<NET-CHANGE-IN-ASSETS>                       270181040
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (8314)
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4474503
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .025
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .025
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .46
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> ARMADA GOVERNMENT FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
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<INVESTMENTS-AT-VALUE>                      1000005410
<RECEIVABLES>                                   156575
<ASSETS-OTHER>                                    3290
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1000162275
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      4633503
<TOTAL-LIABILITIES>                            4633503
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<NET-INVESTMENT-INCOME>                       23111416
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<NUMBER-OF-SHARES-REDEEMED>                 1356715388
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<EXPENSE-RATIO>                                    .36
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 022
   <NAME> ARMADA GOVERNMENT FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                       1000005410
<INVESTMENTS-AT-VALUE>                      1000005410
<RECEIVABLES>                                   156575
<ASSETS-OTHER>                                    3290
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<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      4633503
<TOTAL-LIABILITIES>                            4633503
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<PAID-IN-CAPITAL-COMMON>                     995533646
<SHARES-COMMON-STOCK>                        155960856
<SHARES-COMMON-PRIOR>                        131194293
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1874)
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             24838544
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<EXPENSES-NET>                                 1727128
<NET-INVESTMENT-INCOME>                       23111416
<REALIZED-GAINS-CURRENT>                             0
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<NET-CHANGE-FROM-OPS>                         23111416
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3596057
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<NUMBER-OF-SHARES-SOLD>                      228515758
<NUMBER-OF-SHARES-REDEEMED>                  204227734
<SHARES-REINVESTED>                             478539
<NET-CHANGE-IN-ASSETS>                       122444272
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (1874)
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<PER-SHARE-NII>                                   .025
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<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .46
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 031
   <NAME> ARMADA TREASURY FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        333614541
<INVESTMENTS-AT-VALUE>                       333614541
<RECEIVABLES>                                   102609
<ASSETS-OTHER>                                   16048
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<TOTAL-ASSETS>                               333733198
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1528745
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     332190046
<SHARES-COMMON-STOCK>                        326792928
<SHARES-COMMON-PRIOR>                        312243522
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          14407
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 326807210
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              8110834
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<EXPENSES-NET>                                  584109
<NET-INVESTMENT-INCOME>                        7526725
<REALIZED-GAINS-CURRENT>                          2703
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          7529428
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<DISTRIBUTIONS-OF-INCOME>                      7410341
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<NUMBER-OF-SHARES-SOLD>                      504260205
<NUMBER-OF-SHARES-REDEEMED>                  489711152
<SHARES-REINVESTED>                                353
<NET-CHANGE-IN-ASSETS>                        15594013
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        11704
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .024
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<EXPENSE-RATIO>                                    .37
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 032
   <NAME> ARMADA TREASURY FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        333614541
<INVESTMENTS-AT-VALUE>                       333614541
<RECEIVABLES>                                   102609
<ASSETS-OTHER>                                   16048
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<OTHER-ITEMS-LIABILITIES>                      1528745
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                          5397118
<SHARES-COMMON-PRIOR>                          4355214
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          14407
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              8110834
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<EXPENSES-NET>                                  584109
<NET-INVESTMENT-INCOME>                        7526725
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<NUMBER-OF-SHARES-SOLD>                        6622906
<NUMBER-OF-SHARES-REDEEMED>                    5676167
<SHARES-REINVESTED>                              95165
<NET-CHANGE-IN-ASSETS>                        15594013
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        11704
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<EXPENSE-RATIO>                                    .47
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 041
   <NAME> ARMADA TAX EXEMPT FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        371606074
<INVESTMENTS-AT-VALUE>                       371606074
<RECEIVABLES>                                  2254910
<ASSETS-OTHER>                                    3781
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<PAYABLE-FOR-SECURITIES>                       1000000
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                            2554704
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<PAID-IN-CAPITAL-COMMON>                     371311520
<SHARES-COMMON-STOCK>                        300576182
<SHARES-COMMON-PRIOR>                        261809695
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1459)
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              6223454
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<NET-INVESTMENT-INCOME>                        5669044
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (1459)
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<GROSS-EXPENSE>                                 917112
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .016
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<PER-SHARE-DIVIDEND>                              .016
<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .29
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 042
   <NAME> ARMADA TAX EXEMPT FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        371606074
<INVESTMENTS-AT-VALUE>                       371606074
<RECEIVABLES>                                  2254910
<ASSETS-OTHER>                                    3781
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               373864765
<PAYABLE-FOR-SECURITIES>                       1000000
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1554704
<TOTAL-LIABILITIES>                            2554704
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     371311520
<SHARES-COMMON-STOCK>                         70735338
<SHARES-COMMON-PRIOR>                         85928082
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1459)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  70735288
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              6223454
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  554410
<NET-INVESTMENT-INCOME>                        5669044
<REALIZED-GAINS-CURRENT>                             0
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1042966
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                      213120219
<NUMBER-OF-SHARES-REDEEMED>                  229359516
<SHARES-REINVESTED>                            1046553
<NET-CHANGE-IN-ASSETS>                        23573743
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (1459)
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .015
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .39
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 081
   <NAME> ARMADA EQUITY FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        199658833
<INVESTMENTS-AT-VALUE>                       235030668
<RECEIVABLES>                                  7485361
<ASSETS-OTHER>                                    3795
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               242519824
<PAYABLE-FOR-SECURITIES>                        569350
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       791594
<TOTAL-LIABILITIES>                            1360944
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     153858101
<SHARES-COMMON-STOCK>                         11324776
<SHARES-COMMON-PRIOR>                          9249651
<ACCUMULATED-NII-CURRENT>                       208819
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       51720125
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      35371835
<NET-ASSETS>                                 234322321
<DIVIDEND-INCOME>                              1311005
<INTEREST-INCOME>                               155608
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  936364
<NET-INVESTMENT-INCOME>                         530249
<REALIZED-GAINS-CURRENT>                      35811935
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<NUMBER-OF-SHARES-SOLD>                        6906652
<NUMBER-OF-SHARES-REDEEMED>                    4833216
<SHARES-REINVESTED>                               1689
<NET-CHANGE-IN-ASSETS>                        68475516
<ACCUMULATED-NII-PRIOR>                         189107
<ACCUMULATED-GAINS-PRIOR>                     15908190
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<GROSS-EXPENSE>                                 936364
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<PER-SHARE-NAV-BEGIN>                            18.02
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                           2.67
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<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                              20.69
<EXPENSE-RATIO>                                    .96
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 082
   <NAME> ARMADA EQUITY FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        199658833
<INVESTMENTS-AT-VALUE>                       235030668
<RECEIVABLES>                                  7485361
<ASSETS-OTHER>                                    3795
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<TOTAL-ASSETS>                               242519824
<PAYABLE-FOR-SECURITIES>                        569350
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<TOTAL-LIABILITIES>                            1360944
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     153858101
<SHARES-COMMON-STOCK>                           329869
<SHARES-COMMON-PRIOR>                           333129
<ACCUMULATED-NII-CURRENT>                       208819
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<ACCUMULATED-NET-GAINS>                       51720125
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      35371835
<NET-ASSETS>                                   6836559
<DIVIDEND-INCOME>                              1311005
<INTEREST-INCOME>                               155608
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<NET-INVESTMENT-INCOME>                         530249
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<DISTRIBUTIONS-OF-INCOME>                         9182
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<NUMBER-OF-SHARES-REDEEMED>                      32138
<SHARES-REINVESTED>                                499
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<ACCUMULATED-NII-PRIOR>                         189107
<ACCUMULATED-GAINS-PRIOR>                     15908190
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<PER-SHARE-NAV-BEGIN>                            18.05
<PER-SHARE-NII>                                    .03
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<PER-SHARE-NAV-END>                              20.73
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 091
   <NAME> ARMADA FIXED INCOME FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        109045782
<INVESTMENTS-AT-VALUE>                       111035627
<RECEIVABLES>                                  6367348
<ASSETS-OTHER>                                    3558
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<PAYABLE-FOR-SECURITIES>                       4456927
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       642230
<TOTAL-LIABILITIES>                            5099157
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     111762575
<SHARES-COMMON-STOCK>                         10261522
<SHARES-COMMON-PRIOR>                         10801748
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<NET-INVESTMENT-INCOME>                        3665895
<REALIZED-GAINS-CURRENT>                        492735
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3526350
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<NUMBER-OF-SHARES-SOLD>                        5172250
<NUMBER-OF-SHARES-REDEEMED>                    5737502
<SHARES-REINVESTED>                              25026
<NET-CHANGE-IN-ASSETS>                       (5418408)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (1937778)
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<GROSS-EXPENSE>                                 501113
<AVERAGE-NET-ASSETS>                         122207005
<PER-SHARE-NAV-BEGIN>                            10.30
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                            .26
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.56
<EXPENSE-RATIO>                                    .73
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 092
   <NAME> ARMADA FIXED INCOME FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        109045782
<INVESTMENTS-AT-VALUE>                       111035627
<RECEIVABLES>                                  6367348
<ASSETS-OTHER>                                    3558
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               117406534
<PAYABLE-FOR-SECURITIES>                       4456927
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       642230
<TOTAL-LIABILITIES>                            5099157
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     111762575
<SHARES-COMMON-STOCK>                           367062
<SHARES-COMMON-PRIOR>                           600711
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1445043)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1989845
<NET-ASSETS>                                   3897025
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              4135839
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  469994
<NET-INVESTMENT-INCOME>                        3665895
<REALIZED-GAINS-CURRENT>                        492735
<APPREC-INCREASE-CURRENT>                      2727377
<NET-CHANGE-FROM-OPS>                          6886007
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       139545
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            477
<NUMBER-OF-SHARES-REDEEMED>                     247177
<SHARES-REINVESTED>                              13051
<NET-CHANGE-IN-ASSETS>                       (5418408)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (1937778)
<OVERDISTRIB-NII-PRIOR>                              0
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<AVERAGE-NET-ASSETS>                           4992916
<PER-SHARE-NAV-BEGIN>                            10.35
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .27
<PER-SHARE-DIVIDEND>                               .29
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.62
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 101
   <NAME> ARMADA OHIO TAX EXEMPT FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         88113560
<INVESTMENTS-AT-VALUE>                        90427810
<RECEIVABLES>                                  1961331
<ASSETS-OTHER>                                    1013
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                92390154
<PAYABLE-FOR-SECURITIES>                       1500134
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       362184
<TOTAL-LIABILITIES>                            1862318
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      88195859
<SHARES-COMMON-STOCK>                          7773694
<SHARES-COMMON-PRIOR>                          7749732
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          17727
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       2314250
<NET-ASSETS>                                  85326843
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2141184
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<EXPENSES-NET>                                  104697
<NET-INVESTMENT-INCOME>                        2036487
<REALIZED-GAINS-CURRENT>                         25434
<APPREC-INCREASE-CURRENT>                      2268452
<NET-CHANGE-FROM-OPS>                          4330373
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1915332
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                         949346
<NUMBER-OF-SHARES-REDEEMED>                     930121
<SHARES-REINVESTED>                               4737
<NET-CHANGE-IN-ASSETS>                         4773198
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (7707)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           238180
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 342877
<AVERAGE-NET-ASSETS>                          81183892
<PER-SHARE-NAV-BEGIN>                            10.70
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                               .25
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.98
<EXPENSE-RATIO>                                    .24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 102
   <NAME> ARMADA OHIO TAX EXEMPT FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         88113560
<INVESTMENTS-AT-VALUE>                        90427810
<RECEIVABLES>                                  1961331
<ASSETS-OTHER>                                    1013
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<TOTAL-ASSETS>                                92390154
<PAYABLE-FOR-SECURITIES>                       1500134
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       362184
<TOTAL-LIABILITIES>                            1862318
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      88195859
<SHARES-COMMON-STOCK>                           475557
<SHARES-COMMON-PRIOR>                           269252
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          17727
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<ACCUM-APPREC-OR-DEPREC>                       2314250
<NET-ASSETS>                                   5200993
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2141184
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<EXPENSES-NET>                                  104697
<NET-INVESTMENT-INCOME>                        2036487
<REALIZED-GAINS-CURRENT>                         25434
<APPREC-INCREASE-CURRENT>                      2268452
<NET-CHANGE-FROM-OPS>                          4330373
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       121155
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                         292450
<NUMBER-OF-SHARES-REDEEMED>                      94697
<SHARES-REINVESTED>                               8552
<NET-CHANGE-IN-ASSETS>                         4773198
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (7707)
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<GROSS-ADVISORY-FEES>                           238180
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 342877
<AVERAGE-NET-ASSETS>                           5188205
<PER-SHARE-NAV-BEGIN>                            10.66
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                               .25
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.94
<EXPENSE-RATIO>                                    .24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 111
   <NAME> ARMADA EQUITY INCOME FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         75238066
<INVESTMENTS-AT-VALUE>                        90906616
<RECEIVABLES>                                   590531
<ASSETS-OTHER>                                   16197
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<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        87805
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<PAID-IN-CAPITAL-COMMON>                      71883223
<SHARES-COMMON-STOCK>                          6403761
<SHARES-COMMON-PRIOR>                          4895028
<ACCUMULATED-NII-CURRENT>                       375208
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<ACCUMULATED-NET-GAINS>                        3498558
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<NET-ASSETS>                                  91105472
<DIVIDEND-INCOME>                              1232631
<INTEREST-INCOME>                               108038
<OTHER-INCOME>                                  (4755)
<EXPENSES-NET>                                  385733
<NET-INVESTMENT-INCOME>                         950181
<REALIZED-GAINS-CURRENT>                       1156381
<APPREC-INCREASE-CURRENT>                      8703053
<NET-CHANGE-FROM-OPS>                         10809615
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       913701
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        1843827
<NUMBER-OF-SHARES-REDEEMED>                     362432
<SHARES-REINVESTED>                              27338
<NET-CHANGE-IN-ASSETS>                        29184498
<ACCUMULATED-NII-PRIOR>                         341643
<ACCUMULATED-GAINS-PRIOR>                      2342177
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 385733
<AVERAGE-NET-ASSETS>                          76792525
<PER-SHARE-NAV-BEGIN>                            12.66
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                           1.58
<PER-SHARE-DIVIDEND>                               .15
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<PER-SHARE-NAV-END>                              14.23
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 112
   <NAME> ARMADA EQUITY INCOME FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         75238066
<INVESTMENTS-AT-VALUE>                        90906616
<RECEIVABLES>                                   590531
<ASSETS-OTHER>                                   16197
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                91513344
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        87805
<TOTAL-LIABILITIES>                              87805
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      71883223
<SHARES-COMMON-STOCK>                            22512
<SHARES-COMMON-PRIOR>                            20796
<ACCUMULATED-NII-CURRENT>                       375208
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        3498558
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      15668550
<NET-ASSETS>                                    320067
<DIVIDEND-INCOME>                              1232631
<INTEREST-INCOME>                               108038
<OTHER-INCOME>                                  (4755)
<EXPENSES-NET>                                  385733
<NET-INVESTMENT-INCOME>                         950181
<REALIZED-GAINS-CURRENT>                       1156381
<APPREC-INCREASE-CURRENT>                      8703053
<NET-CHANGE-FROM-OPS>                         10809615
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         2915
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                           1728
<NUMBER-OF-SHARES-REDEEMED>                        238
<SHARES-REINVESTED>                                226
<NET-CHANGE-IN-ASSETS>                        29184498
<ACCUMULATED-NII-PRIOR>                         341643
<ACCUMULATED-GAINS-PRIOR>                      2342177
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 385733
<AVERAGE-NET-ASSETS>                            281023
<PER-SHARE-NAV-BEGIN>                            12.65
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                           1.57
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.22
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 121
   <NAME> ARMADA MID CAP REGIONAL EQUITY FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        116101264
<INVESTMENTS-AT-VALUE>                       130519709
<RECEIVABLES>                                  1626493
<ASSETS-OTHER>                                   15492
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<TOTAL-ASSETS>                               132161694
<PAYABLE-FOR-SECURITIES>                        795613
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       138331
<TOTAL-LIABILITIES>                             933944
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     106410663
<SHARES-COMMON-STOCK>                          9029837
<SHARES-COMMON-PRIOR>                          7579155
<ACCUMULATED-NII-CURRENT>                       707943
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        9690699
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<ACCUM-APPREC-OR-DEPREC>                      14418445
<NET-ASSETS>                                 126968010
<DIVIDEND-INCOME>                              1015914
<INTEREST-INCOME>                                    0
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<EXPENSES-NET>                                  559476
<NET-INVESTMENT-INCOME>                         456438
<REALIZED-GAINS-CURRENT>                       5098719
<APPREC-INCREASE-CURRENT>                      3395091
<NET-CHANGE-FROM-OPS>                          8950248
<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                        1826101
<NUMBER-OF-SHARES-REDEEMED>                     375419
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<NET-CHANGE-IN-ASSETS>                        27231676
<ACCUMULATED-NII-PRIOR>                         251505
<ACCUMULATED-GAINS-PRIOR>                      4591980
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 559476
<AVERAGE-NET-ASSETS>                         110339598
<PER-SHARE-NAV-BEGIN>                            13.10
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                            .92
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<PER-SHARE-NAV-END>                              14.06
<EXPENSE-RATIO>                                    .96
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 122
   <NAME> ARMADA MID CAP REGIONAL EQUITY FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        116101264
<INVESTMENTS-AT-VALUE>                       130519709
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<PAYABLE-FOR-SECURITIES>                        795613
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<PAID-IN-CAPITAL-COMMON>                     106410663
<SHARES-COMMON-STOCK>                           307035
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<ACCUMULATED-NET-GAINS>                        9690699
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<NET-ASSETS>                                   4259740
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<ACCUMULATED-NII-PRIOR>                         251505
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<PER-SHARE-NAV-BEGIN>                            12.94
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<PER-SHARE-NAV-END>                              13.87
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 131
   <NAME> ARMADA ENHANCED INCOME FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         60805283
<INVESTMENTS-AT-VALUE>                        61084735
<RECEIVABLES>                                   866600
<ASSETS-OTHER>                                   16549
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      61227244
<SHARES-COMMON-STOCK>                          5912978
<SHARES-COMMON-PRIOR>                          6687888
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         322172
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        279452
<NET-ASSETS>                                  59768104
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1974187
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   66345
<NET-INVESTMENT-INCOME>                        1907842
<REALIZED-GAINS-CURRENT>                        138897
<APPREC-INCREASE-CURRENT>                       515504
<NET-CHANGE-FROM-OPS>                          2562243
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1852882
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2413149
<NUMBER-OF-SHARES-REDEEMED>                    3303973
<SHARES-REINVESTED>                             115914
<NET-CHANGE-IN-ASSETS>                       (6807054)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       183275
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           152603
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 218948
<AVERAGE-NET-ASSETS>                          66383625
<PER-SHARE-NAV-BEGIN>                            10.01
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                            .10
<PER-SHARE-DIVIDEND>                               .28
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                    .19
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 132
   <NAME> ARMADA ENHANCED INCOME FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         60805283
<INVESTMENTS-AT-VALUE>                        61084735
<RECEIVABLES>                                   866600
<ASSETS-OTHER>                                   16549
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                61967884
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       139016
<TOTAL-LIABILITIES>                             139016
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      61227244
<SHARES-COMMON-STOCK>                           203555
<SHARES-COMMON-PRIOR>                           171392
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         322172
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        279452
<NET-ASSETS>                                   2060764
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1974187
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   66345
<NET-INVESTMENT-INCOME>                        1907842
<REALIZED-GAINS-CURRENT>                        138897
<APPREC-INCREASE-CURRENT>                       515504
<NET-CHANGE-FROM-OPS>                          2562243
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        54960
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         117564
<NUMBER-OF-SHARES-REDEEMED>                      90831
<SHARES-REINVESTED>                               5430
<NET-CHANGE-IN-ASSETS>                       (6807054)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       183275
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           152603
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 218948
<AVERAGE-NET-ASSETS>                           2016521
<PER-SHARE-NAV-BEGIN>                            10.02
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                            .10
<PER-SHARE-DIVIDEND>                               .28
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.12
<EXPENSE-RATIO>                                    .29
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 141
   <NAME> ARMADA TOTAL RETURN ADVANTAGE FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        273662686
<INVESTMENTS-AT-VALUE>                       278986995
<RECEIVABLES>                                  5119471
<ASSETS-OTHER>                                   16035
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               284122501
<PAYABLE-FOR-SECURITIES>                       2025941
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1424257
<TOTAL-LIABILITIES>                            3450198
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     273079003
<SHARES-COMMON-STOCK>                         26942528
<SHARES-COMMON-PRIOR>                         28393481
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2268991
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       5324309
<NET-ASSETS>                                 278482637
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              9948937
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  219065
<NET-INVESTMENT-INCOME>                        9729872
<REALIZED-GAINS-CURRENT>                     (1318580)
<APPREC-INCREASE-CURRENT>                     14489642
<NET-CHANGE-FROM-OPS>                         22900934
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      9662061
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2783403
<NUMBER-OF-SHARES-REDEEMED>                    4762654
<SHARES-REINVESTED>                             528298
<NET-CHANGE-IN-ASSETS>                       (1768606)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      3587571
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           794715
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1013780
<AVERAGE-NET-ASSETS>                         286042267
<PER-SHARE-NAV-BEGIN>                             9.88
<PER-SHARE-NII>                                    .34
<PER-SHARE-GAIN-APPREC>                            .45
<PER-SHARE-DIVIDEND>                               .34
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.33
<EXPENSE-RATIO>                                    .15
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 142
   <NAME> ARMADA TOTAL RETURN ADVANTAGE FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                        273662686
<INVESTMENTS-AT-VALUE>                       278986995
<RECEIVABLES>                                  5119471
<ASSETS-OTHER>                                   16035
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               284122501
<PAYABLE-FOR-SECURITIES>                       2025941
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1424257
<TOTAL-LIABILITIES>                            3450198
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     273079003
<SHARES-COMMON-STOCK>                           211877
<SHARES-COMMON-PRIOR>                           206613
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2268991
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       5324309
<NET-ASSETS>                                   2189666
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              9948937
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  219065
<NET-INVESTMENT-INCOME>                        9729872
<REALIZED-GAINS-CURRENT>                     (1318580)
<APPREC-INCREASE-CURRENT>                     14489642
<NET-CHANGE-FROM-OPS>                         22900934
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        67811
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            219
<NUMBER-OF-SHARES-REDEEMED>                       1714
<SHARES-REINVESTED>                               6759
<NET-CHANGE-IN-ASSETS>                       (1768606)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      3587571
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           794715
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1013780
<AVERAGE-NET-ASSETS>                           2083847
<PER-SHARE-NAV-BEGIN>                             9.87
<PER-SHARE-NII>                                    .32
<PER-SHARE-GAIN-APPREC>                            .46
<PER-SHARE-DIVIDEND>                               .32
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.33
<EXPENSE-RATIO>                                    .40
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 151
   <NAME> ARMADA INTERMEDIATE GOVERNMENT FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         89475908
<INVESTMENTS-AT-VALUE>                        90404545
<RECEIVABLES>                                  1042725
<ASSETS-OTHER>                                   17440
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                91464710
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       940085
<TOTAL-LIABILITIES>                             940085
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      88961757
<SHARES-COMMON-STOCK>                          8850031
<SHARES-COMMON-PRIOR>                          8908905
<ACCUMULATED-NII-CURRENT>                       (5354)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         639585
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        928637
<NET-ASSETS>                                  90501747
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3039082
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  387119
<NET-INVESTMENT-INCOME>                        2651963
<REALIZED-GAINS-CURRENT>                       (92879)
<APPREC-INCREASE-CURRENT>                      2480339
<NET-CHANGE-FROM-OPS>                          4971272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         735642
<NUMBER-OF-SHARES-REDEEMED>                     799505
<SHARES-REINVESTED>                               4989
<NET-CHANGE-IN-ASSETS>                         1695478
<ACCUMULATED-NII-PRIOR>                         (5384)
<ACCUMULATED-GAINS-PRIOR>                       732464
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           289918
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 503380
<AVERAGE-NET-ASSETS>                          91670480
<PER-SHARE-NAV-BEGIN>                             9.97
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .26
<PER-SHARE-DIVIDEND>                               .29
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.23
<EXPENSE-RATIO>                                    .84
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 152
   <NAME> ARMADA INTERMEDIATE GOVERNMENT FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         89475908
<INVESTMENTS-AT-VALUE>                        90404545
<RECEIVABLES>                                  1042725
<ASSETS-OTHER>                                   17440
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                91464710
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       940085
<TOTAL-LIABILITIES>                             940085
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      88961757
<SHARES-COMMON-STOCK>                             2237
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (5354)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         639585
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        928637
<NET-ASSETS>                                     22878
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3039082
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  387119
<NET-INVESTMENT-INCOME>                        2651963
<REALIZED-GAINS-CURRENT>                       (92879)
<APPREC-INCREASE-CURRENT>                      2480339
<NET-CHANGE-FROM-OPS>                          4971272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           4423
<NUMBER-OF-SHARES-REDEEMED>                       2213
<SHARES-REINVESTED>                                 27
<NET-CHANGE-IN-ASSETS>                         1695478
<ACCUMULATED-NII-PRIOR>                         (5384)
<ACCUMULATED-GAINS-PRIOR>                       732464
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           289918
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 503380
<AVERAGE-NET-ASSETS>                             22437
<PER-SHARE-NAV-BEGIN>                             9.97
<PER-SHARE-NII>                                    .12
<PER-SHARE-GAIN-APPREC>                            .26
<PER-SHARE-DIVIDEND>                               .12
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.23
<EXPENSE-RATIO>                                   1.07
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 161
   <NAME> ARMADA GNMA FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         61878195
<INVESTMENTS-AT-VALUE>                        62800804
<RECEIVABLES>                                   470472
<ASSETS-OTHER>                                   18104
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                63289380
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       689454
<TOTAL-LIABILITIES>                             689454
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      61139736
<SHARES-COMMON-STOCK>                          6037266
<SHARES-COMMON-PRIOR>                          6033136
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         537581
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        922609
<NET-ASSETS>                                  62476038
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2326276
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  270296
<NET-INVESTMENT-INCOME>                        2055980
<REALIZED-GAINS-CURRENT>                      (100173)
<APPREC-INCREASE-CURRENT>                      2055944
<NET-CHANGE-FROM-OPS>                          4011751
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2053510
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         599099
<NUMBER-OF-SHARES-REDEEMED>                     599799
<SHARES-REINVESTED>                               4830
<NET-CHANGE-IN-ASSETS>                         4011751
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       637754
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           198728
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 362937
<AVERAGE-NET-ASSETS>                          62834467
<PER-SHARE-NAV-BEGIN>                            10.03
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                            .32
<PER-SHARE-DIVIDEND>                               .33
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.35
<EXPENSE-RATIO>                                    .86
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 162
   <NAME> ARMADA GNMA FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         61878195
<INVESTMENTS-AT-VALUE>                        62800804
<RECEIVABLES>                                   470472
<ASSETS-OTHER>                                   18104
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                63289380
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       689454
<TOTAL-LIABILITIES>                             689454
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      61139736
<SHARES-COMMON-STOCK>                            11972
<SHARES-COMMON-PRIOR>                          6033136
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         537581
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        922609
<NET-ASSETS>                                   6037266
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2326276
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  270296
<NET-INVESTMENT-INCOME>                        2055980
<REALIZED-GAINS-CURRENT>                      (100173)
<APPREC-INCREASE-CURRENT>                      2055944
<NET-CHANGE-FROM-OPS>                          4011751
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1658
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          16415
<NUMBER-OF-SHARES-REDEEMED>                       4597
<SHARES-REINVESTED>                                154
<NET-CHANGE-IN-ASSETS>                         4011751
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       637754
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           198728
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 362937
<AVERAGE-NET-ASSETS>                            120751
<PER-SHARE-NAV-BEGIN>                            10.02
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                            .33
<PER-SHARE-DIVIDEND>                               .14
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.35
<EXPENSE-RATIO>                                   1.12
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 171
   <NAME> ARMADA PENNSYLVANIA TAX EXEMPT FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                         73401500
<INVESTMENTS-AT-VALUE>                        73401500
<RECEIVABLES>                                   532920
<ASSETS-OTHER>                                    8575
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                73942995
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       263703
<TOTAL-LIABILITIES>                             263703
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      73682519
<SHARES-COMMON-STOCK>                         69173327
<SHARES-COMMON-PRIOR>                          3843129
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (3227)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
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   <NUMBER> 172
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000778202
<NAME> ARMADA FUNDS
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