<PAGE> PAGE 1
000 B000000 05/31/97
000 C000000 0000778202
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 GROWTH 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
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
<PAGE> PAGE 3
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
010 A00AA01 PFPC INC.
010 B00AA01 85-1196
010 C01AA01 WILMINGTON
010 C02AA01 DE
010 C03AA01 19809
011 A00AA01 SEI INVESTMENTS DISTRIBUTION CO.
011 B00AA01 8-27897
011 C01AA01 OAKS
011 C02AA01 PA
011 C03AA01 19456
012 A00AA01 BOSTON FINANCIAL DATA SERVICES
<PAGE> PAGE 4
012 B00AA01 84-00896
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 ERNST AND YOUNG L.L.P.
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 INSTINET
020 B000001 13-3443395
020 C000001 96
020 A000002 PRUDENTIAL SECURITIES
020 B000002 22-2347336
020 C000002 76
020 A000003 SMITH BARNEY HARRIS UPHAM
020 B000003 13-4941247
020 C000003 76
020 A000004 DONALDSON, LUFKIN, & JENRETTE
020 B000004 13-2741729
020 C000004 67
020 A000005 LEGG MASON WOOD WALKER
020 B000005 52-0902557
020 C000005 65
020 A000006 BRIDGE TRADING
020 B000006 43-1450530
020 C000006 62
020 A000007 MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 61
020 A000008 CS FIRST BOSTON CORP.
020 B000008 13-5659485
020 C000008 55
020 A000009 MORGAN STANLEY & CO. INC.
020 B000009 13-2655998
020 C000009 53
020 A000010 BEAR STEARNS & CO.
020 B000010 13-3299429
020 C000010 51
021 000000 1419
022 A000001 PRUDENTIAL SECURITIES
022 B000001 22-2347336
022 C000001 25646332
022 D000001 167473
022 A000002 CS FIRST BOSTON CORPORATION
022 B000002 13-5659485
022 C000002 23825694
022 D000002 15489
022 A000003 SMITH BARNEY INC.
<PAGE> PAGE 5
022 B000003 13-4941247
022 C000003 12848134
022 D000003 91012
022 A000004 LEHMAN BROTHERS SECURITIES
022 B000004 13-2518466
022 C000004 11605530
022 D000004 60164
022 A000005 GOLDMAN SACHS
022 B000005 13-5108880
022 C000005 6379093
022 D000005 1324760
022 A000006 MERRILL LYNCH, PIERCE, FENNER
022 B000006 13-5674085
022 C000006 2670811
022 D000006 396669
022 A000007 FIRST CHICAGO CAPITAL MARKETS
022 B000007 36-3595942
022 C000007 715299
022 D000007 34400
022 A000008 BANK OF AMERICA
022 B000008 36-0947896
022 C000008 493033
022 D000008 28716
022 A000009 CLARKE, G.X.
022 B000009 13-2969143
022 C000009 319199
022 D000009 97572
022 A000010 BA SECURITIES
022 B000010 95-4035346
022 C000010 362449
022 D000010 0
023 C000000 89912328
023 D000000 4286584
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
<PAGE> PAGE 6
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE CO.
080 C00AA00 2500
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A01AA00 0
086 A02AA00 0
086 B01AA00 0
086 B02AA00 0
086 C01AA00 0
<PAGE> PAGE 7
086 C02AA00 0
086 D01AA00 0
086 D02AA00 0
086 E01AA00 0
086 E02AA00 0
086 F01AA00 0
086 F02AA00 0
008 A000101 NATIONAL CITY BANK
008 B000101 A
008 C000101 801-0000
008 D010101 CLEVELAND
008 D020101 OH
008 D030101 44114
008 A000102 NATIONAL CITY BANK, COLUMBUS
008 B000102 A
008 C000102 801-0000
008 D010102 COLUMBUS
008 D020102 OH
008 D030102 43251
008 A000103 NATIONAL CITY BANK, KENTUCKY
008 B000103 A
008 C000103 801-0000
008 D010103 LOUISVILLE
008 D020103 KY
008 D030103 40202
015 A000101 NATIONAL CITY BANK
015 B000101 C
015 C010101 CLEVELAND
015 C020101 OH
015 C030101 44135
015 E030101 X
024 000100 Y
025 A000101 CS FIRST BOSTON
025 B000101 13-5659485
025 C000101 D
025 D000101 90000
025 A000102 GOLDMAN SACHS
025 B000102 13-5108880
025 C000102 E
025 D000102 12193
025 A000103 PRUDENTIAL BACHE SECURITIES
025 B000103 22-2347366
025 C000103 D
025 D000103 45000
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
025 D000109 0
025 D000110 0
<PAGE> PAGE 8
025 D000111 0
025 D000112 0
025 D000113 0
025 D000114 0
025 D000115 0
025 D000116 0
028 A010100 630172
028 A020100 1065
028 A030100 0
028 A040100 548694
028 B010100 686430
028 B020100 1088
028 B030100 0
028 B040100 518133
028 C010100 522301
028 C020100 1122
028 C030100 0
028 C040100 473646
028 D010100 466029
028 D020100 1033
028 D030100 0
028 D040100 556391
028 E010100 590480
028 E020100 1130
028 E030100 0
028 E040100 509322
028 F010100 538767
028 F020100 1045
028 F030100 0
028 F040100 472965
028 G010100 3434179
028 G020100 6483
028 G030100 0
028 G040100 3079151
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
<PAGE> PAGE 9
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 100
043 000100 467
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.350
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 0
062 A000100 Y
062 B000100 0.0
062 C000100 8.6
062 D000100 5.9
062 E000100 0.0
062 F000100 0.0
<PAGE> PAGE 10
062 G000100 0.0
062 H000100 0.0
062 I000100 82.1
062 J000100 0.0
062 K000100 0.0
062 L000100 2.9
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.5
063 A000100 38
063 B000100 0.0
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
<PAGE> PAGE 11
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 110280
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 5067
072 G000100 502
072 H000100 0
072 I000100 404
072 J000100 188
072 K000100 0
072 L000100 36
072 M000100 52
072 N000100 200
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 32
072 S000100 171
072 T000100 1002
072 U000100 0
072 V000100 0
072 W000100 113
072 X000100 7767
072 Y000100 0
072 Z000100 102513
072AA000100 0
072BB000100 1
072CC010100 0
072CC020100 0
072DD010100 85505
072DD020100 17008
072EE000100 0
073 A010100 0.0507
073 A020100 0.0497
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 135000
074 C000100 2153267
074 D000100 0
<PAGE> PAGE 12
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 12193
074 J000100 0
074 K000100 0
074 L000100 556
074 M000100 51
074 N000100 2301067
074 O000100 0
074 P000100 493
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 11382
074 S000100 0
074 T000100 2289192
074 U010100 1943026
074 U020100 346176
074 V010100 1.00
074 V020100 1.00
074 W000100 0.9999
074 X000100 40315
074 Y000100 0
075 A000100 2027586
075 B000100 0
076 000100 0.00
008 A000201 NATIONAL CITY BANK
008 B000201 A
008 C000201 801-0000
008 D010201 CLEVELAND
008 D020201 OH
008 D030201 44114
008 A000202 NATIONAL CITY BANK, COLUMBUS
008 B000202 A
008 C000202 801-0000
008 D010202 COLUMBUS
008 D020202 OH
008 D030202 43251
008 A000203 NATIONAL CITY BANK, KENTUCKY
008 B000203 A
008 C000203 801-0000
008 D010203 LOUISVILLE
008 D020203 KY
008 D030203 40202
015 A000201 NATIONAL CITY BANK
015 B000201 C
015 C010201 CLEVELAND
015 C020201 OH
<PAGE> PAGE 13
015 C030201 44135
015 E030201 X
024 000200 Y
025 A000201 CS FIRST BOSTON
025 B000201 13-5659485
025 C000201 D
025 D000201 159000
025 D000202 0
025 A000203 GOLDMAN SACHS
025 B000203 13-5108880
025 C000203 E
025 D000203 11018
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 392506
028 A020200 132
028 A030200 0
028 A040200 294977
028 B010200 324771
028 B020200 149
028 B030200 0
028 B040200 345981
028 C010200 204930
028 C020200 165
028 C030200 0
028 C040200 296673
028 D010200 284444
028 D020200 142
028 D030200 0
028 D040200 296937
028 E010200 206083
028 E020200 121
028 E030200 0
028 E040200 202797
028 F010200 269225
028 F020200 114
028 F030200 0
028 F040200 270157
028 G010200 1681959
028 G020200 823
028 G030200 0
028 G040200 1707522
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
<PAGE> PAGE 14
031 B000200 0
032 000200 0
033 000200 0
034 000200 N
035 000200 0
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 228
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.350
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
<PAGE> PAGE 15
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 82.6
062 D000200 16.3
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 1.1
063 A000200 39
063 B000200 0.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
<PAGE> PAGE 16
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 52097
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 2415
072 G000200 240
072 H000200 0
072 I000200 179
072 J000200 103
072 K000200 0
072 L000200 18
072 M000200 25
072 N000200 58
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 18
072 S000200 88
072 T000200 479
072 U000200 0
072 V000200 0
072 W000200 56
072 X000200 3679
072 Y000200 0
072 Z000200 48418
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
<PAGE> PAGE 17
072DD010200 40861
072DD020200 7558
072EE000200 0
073 A010200 0.0503
073 A020200 0.0493
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 159000
074 C000200 805324
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 11018
074 J000200 0
074 K000200 0
074 L000200 196
074 M000200 3
074 N000200 975541
074 O000200 0
074 P000200 197
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 4553
074 S000200 0
074 T000200 970791
074 U010200 811664
074 U020200 159130
074 V010200 1.00
074 V020200 1.00
074 W000200 1.0000
074 X000200 4483
074 Y000200 0
075 A000200 966621
075 B000200 0
076 000200 0.00
008 A000301 NATIONAL CITY BANK
008 B000301 A
008 C000301 801-0000
008 D010301 CLEVELAND
008 D020301 OH
008 D030301 44114
008 A000302 NATIONAL CITY BANK, COLUMBUS
008 B000302 A
008 C000302 801-0000
008 D010302 COLUMBUS
008 D020302 OH
<PAGE> PAGE 18
008 D030302 43251
008 A000303 NATIONAL CITY BANK, KENTUCKY
008 B000303 A
008 C000303 801-0000
008 D010303 LOUISVILLE
008 D020303 KY
008 D030303 40202
015 A000301 NATIONAL CITY BANK
015 B000301 C
015 C010301 CLEVELAND
015 C020301 OH
015 C030301 44135
015 E030301 X
024 000300 Y
025 A000301 GOLDMAN SACHS
025 B000301 13-5108880
025 C000301 E
025 D000301 10868
025 A000302 DELETE
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 169453
028 A020300 20
028 A030300 0
028 A040300 88903
028 B010300 144031
028 B020300 24
028 B030300 0
028 B040300 219446
028 C010300 80606
028 C020300 33
028 C030300 0
028 C040300 86772
028 D010300 65135
028 D020300 21
028 D030300 0
028 D040300 94553
028 E010300 143827
028 E020300 24
028 E030300 0
028 E040300 172743
028 F010300 58392
028 F020300 22
028 F030300 0
028 F040300 49368
028 G010300 661444
<PAGE> PAGE 19
028 G020300 144
028 G030300 0
028 G040300 711785
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
042 F000300 0
042 G000300 0
042 H000300 100
043 000300 85
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.300
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
<PAGE> PAGE 20
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
061 000300 0
062 A000300 Y
062 B000300 94.5
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 5.5
063 A000300 51
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
<PAGE> PAGE 21
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 N
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
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 16395
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 795
072 G000300 79
072 H000300 0
072 I000300 47
072 J000300 38
072 K000300 0
072 L000300 1
072 M000300 9
072 N000300 14
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 9
072 S000300 28
072 T000300 158
072 U000300 4
<PAGE> PAGE 22
072 V000300 0
072 W000300 4
072 X000300 1186
072 Y000300 0
072 Z000300 15208
072AA000300 16
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 14954
072DD020300 269
072EE000300 14
073 A010300 0.0479
073 A020300 0.0469
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 266565
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 15394
074 J000300 0
074 K000300 0
074 L000300 1387
074 M000300 9
074 N000300 283355
074 O000300 0
074 P000300 44
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 1304
074 S000300 0
074 T000300 282007
074 U010300 276313
074 U020300 5670
074 V010300 1.00
074 V020300 1.00
074 W000300 1.0002
074 X000300 2585
074 Y000300 0
075 A000300 317896
075 B000300 0
076 000300 0.00
008 A000401 NATIONAL CITY BANK
008 B000401 A
<PAGE> PAGE 23
008 C000401 801-0000
008 D010401 CLEVELAND
008 D020401 OH
008 D030401 44114
008 A000402 NATIONAL CITY BANK, COLUMBUS
008 B000402 A
008 C000402 801-0000
008 D010402 COLUMBUS
008 D020402 OH
008 D030402 43251
008 A000403 NATIONAL CITY BANK, KENTUCKY
008 B000403 A
008 C000403 801-0000
008 D010403 LOUISVILLE
008 D020403 KY
008 D030403 40202
015 A000401 NATIONAL CITY BANK
015 B000401 C
015 C010401 CLEVELAND
015 C020401 OH
015 C030401 44135
015 E030401 X
024 000400 Y
025 A000401 GOLDMAN SACHS
025 B000401 13-5108880
025 C000401 E
025 D000401 2000
025 A000402 DELETE
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 74315
028 A020400 180
028 A030400 0
028 A040400 98608
028 B010400 99167
028 B020400 186
028 B030400 0
028 B040400 66600
028 C010400 84342
028 C020400 172
028 C030400 0
028 C040400 49700
028 D010400 58870
028 D020400 153
028 D030400 0
028 D040400 59151
<PAGE> PAGE 24
028 E010400 89760
028 E020400 167
028 E030400 0
028 E040400 86833
028 F010400 64628
028 F020400 187
028 F030400 0
028 F040400 39960
028 G010400 471082
028 G020400 1045
028 G030400 0
028 G040400 400852
028 H000400 0
029 000400 N
030 A000400 0
030 B000400 0.00
030 C000400 0.00
031 A000400 0
031 B000400 0
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
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 100
043 000400 88
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.350
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
<PAGE> PAGE 25
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 0
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 99.4
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.6
063 A000400 33
063 B000400 0.0
064 A000400 Y
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 N
<PAGE> PAGE 26
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
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
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 13281
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 574
072 G000400 170
072 H000400 0
072 I000400 92
072 J000400 48
072 K000400 0
072 L000400 3
<PAGE> PAGE 27
072 M000400 11
072 N000400 21
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 10
072 S000400 33
072 T000400 189
072 U000400 0
072 V000400 0
072 W000400 28
072 X000400 1179
072 Y000400 0
072 Z000400 12103
072AA000400 13
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 9991
072DD020400 2112
072EE000400 0
073 A010400 0.0318
073 A020400 0.0308
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 443864
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 2701
074 J000400 0
074 K000400 0
074 L000400 2697
074 M000400 1
074 N000400 449263
074 O000400 5118
074 P000400 56
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 1493
074 S000400 0
074 T000400 442596
074 U010400 370670
074 U020400 71915
074 V010400 1.00
<PAGE> PAGE 28
074 V020400 1.00
074 W000400 0.9999
074 X000400 2911
074 Y000400 0
075 A000400 382420
075 B000400 0
076 000400 0.00
008 A000801 NATIONAL CITY BANK
008 B000801 A
008 C000801 801-0000
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
008 A000803 NATIONAL CITY BANK, KENTUCKY
008 B000803 A
008 C000803 801-0000
008 D010803 LOUISVILLE
008 D020803 KY
008 D030803 40202
015 A000801 NATIONAL CITY BANK
015 B000801 C
015 C010801 CLEVELAND
015 C020801 OH
015 C030801 44135
015 E030801 X
024 000800 N
025 D000801 0
025 A000802 DELETE
025 D000802 0
025 D000803 0
025 A000804 DELETE
025 D000804 0
025 D000805 0
025 D000806 0
025 D000807 0
025 D000808 0
028 A010800 7963
028 A020800 16572
028 A030800 0
028 A040800 2685
028 B010800 17191
028 B020800 0
028 B030800 0
028 B040800 3512
028 C010800 6761
<PAGE> PAGE 29
028 C020800 0
028 C030800 0
028 C040800 4804
028 D010800 6451
028 D020800 0
028 D030800 0
028 D040800 3046
028 E010800 3888
028 E020800 65
028 E030800 0
028 E040800 3409
028 F010800 7889
028 F020800 0
028 F030800 0
028 F040800 8750
028 G010800 50143
028 G020800 16637
028 G030800 0
028 G040800 26206
028 H000800 103
029 000800 Y
030 A000800 2
030 B000800 3.75
030 C000800 0.00
031 A000800 2
031 B000800 0
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
042 B000800 0
042 C000800 0
042 D000800 0
042 E000800 0
042 F000800 0
042 G000800 0
042 H000800 100
043 000800 76
044 000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.750
048 A010800 0
<PAGE> PAGE 30
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
055 A000800 Y
055 B000800 N
056 000800 Y
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 0
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 0.0
066 A000800 Y
<PAGE> PAGE 31
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 Y
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 Y
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 418145
071 B000800 393515
071 C000800 200244
071 D000800 197
072 A000800 12
<PAGE> PAGE 32
072 B000800 372
072 C000800 2761
072 D000800 0
072 E000800 0
072 F000800 1612
072 G000800 209
072 H000800 0
072 I000800 60
072 J000800 32
072 K000800 0
072 L000800 2
072 M000800 6
072 N000800 31
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 7
072 S000800 13
072 T000800 106
072 U000800 0
072 V000800 0
072 W000800 16
072 X000800 2094
072 Y000800 0
072 Z000800 1039
072AA000800 47980
072BB000800 0
072CC010800 0
072CC020800 14209
072DD010800 1191
072DD020800 21
072EE000800 46984
073 A010800 0.1080
073 A020800 0.0624
073 B000800 4.0314
073 C000800 0.0000
074 A000800 0
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 258979
074 G000800 0
074 H000800 0
074 I000800 3439
074 J000800 199
074 K000800 0
074 L000800 275
074 M000800 0
074 N000800 262892
074 O000800 0
<PAGE> PAGE 33
074 P000800 177
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 190
074 S000800 0
074 T000800 262525
074 U010800 13723
074 U020800 371
074 V010800 18.63
074 V020800 18.67
074 W000800 0.0000
074 X000800 5987
074 Y000800 0
075 A000800 0
075 B000800 214569
076 000800 0.00
008 A000901 NATIONAL CITY BANK
008 B000901 A
008 C000901 801-0000
008 D010901 CLEVELAND
008 D020901 OH
008 D030901 44114
008 A000902 NATIONAL CITY BANK, COLUMBUS
008 B000902 A
008 C000902 801-0000
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
015 A000901 NATIONAL CITY BANK
015 B000901 C
015 C010901 CLEVELAND
015 C020901 OH
015 C030901 44135
015 E030901 X
024 000900 N
025 A000901 DELETE
025 D000901 0
025 D000902 0
025 D000903 0
025 D000904 0
025 D000905 0
025 D000906 0
025 D000907 0
<PAGE> PAGE 34
025 D000908 0
028 A010900 3324
028 A020900 0
028 A030900 0
028 A040900 1334
028 B010900 5024
028 B020900 62
028 B030900 0
028 B040900 4495
028 C010900 4413
028 C020900 58
028 C030900 0
028 C040900 2086
028 D010900 3308
028 D020900 48
028 D030900 0
028 D040900 809
028 E010900 4868
028 E020900 61
028 E030900 0
028 E040900 2242
028 F010900 5852
028 F020900 183
028 F030900 0
028 F040900 1439
028 G010900 26789
028 G020900 412
028 G030900 0
028 G040900 12405
028 H000900 1
029 000900 Y
030 A000900 0
030 B000900 3.75
030 C000900 0.00
031 A000900 0
031 B000900 0
032 000900 0
033 000900 0
034 000900 N
035 000900 0
036 B000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 Y
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 0
042 E000900 0
<PAGE> PAGE 35
042 F000900 0
042 G000900 0
042 H000900 100
043 000900 46
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.550
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
055 A000900 N
055 B000900 N
056 000900 Y
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 0
062 A000900 Y
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
<PAGE> PAGE 36
062 L000900 0.0
062 M000900 43.4
062 N000900 3.3
062 O000900 0.0
062 P000900 28.8
062 Q000900 22.0
062 R000900 2.5
063 A000900 0
063 B000900 6.3
064 A000900 N
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
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
<PAGE> PAGE 37
070 R020900 N
071 A000900 285124
071 B000900 250614
071 C000900 115255
071 D000900 217
072 A000900 12
072 B000900 7845
072 C000900 0
072 D000900 0
072 E000900 0
072 F000900 550
072 G000900 122
072 H000900 0
072 I000900 57
072 J000900 23
072 K000900 0
072 L000900 2
072 M000900 4
072 N000900 10
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 6
072 S000900 11
072 T000900 61
072 U000900 0
072 V000900 0
072 W000900 11
072 X000900 857
072 Y000900 0
072 Z000900 6988
072AA000900 2036
072BB000900 1644
072CC010900 0
072CC020900 716
072DD010900 6747
072DD020900 242
072EE000900 0
073 A010900 0.5980
073 A020900 0.5744
073 B000900 0.0000
073 C000900 0.0000
074 A000900 0
074 B000900 0
074 C000900 0
074 D000900 120740
074 E000900 0
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 3062
<PAGE> PAGE 38
074 J000900 0
074 K000900 0
074 L000900 1827
074 M000900 0
074 N000900 125629
074 O000900 0
074 P000900 38
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 600
074 S000900 0
074 T000900 124991
074 U010900 11696
074 U020900 357
074 V010900 10.37
074 V020900 10.42
074 W000900 0.0000
074 X000900 2445
074 Y000900 0
075 A000900 0
075 B000900 121492
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
008 D031003 40202
015 A001001 NATIONAL CITY BANK
015 B001001 C
015 C011001 CLEVELAND
015 C021001 OH
015 C031001 44135
015 E031001 X
024 001000 N
025 D001001 0
025 D001002 0
<PAGE> PAGE 39
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
025 D001009 0
025 D001010 0
025 D001011 0
025 D001012 0
025 D001013 0
025 D001014 0
025 D001015 0
025 D001016 0
025 D001017 0
025 D001018 0
025 D001019 0
025 D001020 0
025 D001021 0
025 D001022 0
025 D001023 0
025 D001024 0
025 D001025 0
025 D001026 0
025 D001027 0
025 D001028 0
025 D001029 0
025 D001030 0
025 D001031 0
025 D001032 0
028 A011000 1703
028 A021000 0
028 A031000 0
028 A041000 1255
028 B011000 1140
028 B021000 16
028 B031000 0
028 B041000 2564
028 C011000 4419
028 C021000 17
028 C031000 0
028 C041000 541
028 D011000 1958
028 D021000 16
028 D031000 0
028 D041000 678
028 E011000 1343
028 E021000 18
028 E031000 0
028 E041000 981
028 F011000 2263
<PAGE> PAGE 40
028 F021000 38
028 F031000 0
028 F041000 1560
028 G011000 12826
028 G021000 105
028 G031000 0
028 G041000 7579
028 H001000 51
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
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 51
044 001000 0
045 001000 Y
046 001000 N
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
<PAGE> PAGE 41
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
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 99.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 1.0
063 A001000 0
063 B001000 7.3
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
<PAGE> PAGE 42
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
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 28075
071 B001000 20479
071 C001000 87293
071 D001000 23
072 A001000 12
072 B001000 4414
072 C001000 0
072 D001000 0
072 E001000 0
072 F001000 0
072 G001000 89
072 H001000 0
072 I001000 30
072 J001000 18
072 K001000 0
072 L001000 5
072 M001000 2
072 N001000 5
072 O001000 0
072 P001000 0
072 Q001000 0
<PAGE> PAGE 43
072 R001000 6
072 S001000 10
072 T001000 44
072 U001000 0
072 V001000 0
072 W001000 6
072 X001000 215
072 Y001000 0
072 Z001000 4199
072AA001000 77
072BB001000 69
072CC011000 1308
072CC021000 0
072DD011000 3984
072DD021000 215
072EE001000 0
073 A011000 0.5095
073 A021000 0.5077
073 B001000 0.0000
073 C001000 0.0000
074 A001000 0
074 B001000 0
074 C001000 0
074 D001000 92723
074 E001000 0
074 F001000 0
074 G001000 0
074 H001000 0
074 I001000 930
074 J001000 0
074 K001000 0
074 L001000 2000
074 M001000 0
074 N001000 95653
074 O001000 369
074 P001000 0
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 383
074 S001000 0
074 T001000 94901
074 U011000 8411
074 U021000 327
074 V011000 10.86
074 V021000 10.82
074 W001000 0.0000
074 X001000 937
074 Y001000 0
075 A001000 0
<PAGE> PAGE 44
075 B001000 118836
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
008 C001103 801-0000
008 D011103 LOUISVILLE
008 D021103 KY
008 D031103 40202
015 A001101 UNION BANK OF CALIFORNIA
015 B001101 S
015 C011101 SAN FRANCISCO
015 C021101 CA
015 C031101 94111
015 E041101 X
015 A001102 NATIONAL CITY BANK
015 B001102 C
015 C011102 CLEVELAND
015 C021102 OH
015 C031102 44135
015 E031102 X
024 001100 N
025 A001101 DELETE
025 D001101 0
025 A001102 DELETE
025 D001102 0
025 D001103 0
025 A001104 DELETE
025 D001104 0
025 A001105 DELETE
025 D001105 0
025 D001106 0
025 D001107 0
025 D001108 0
028 A011100 2736
028 A021100 2104
028 A031100 0
028 A041100 341
028 B011100 3901
028 B021100 0
<PAGE> PAGE 45
028 B031100 0
028 B041100 620
028 C011100 4106
028 C021100 0
028 C031100 0
028 C041100 2527
028 D011100 5378
028 D021100 0
028 D031100 0
028 D041100 950
028 E011100 2223
028 E021100 268
028 E031100 0
028 E041100 2606
028 F011100 18221
028 F021100 0
028 F031100 0
028 F041100 1112
028 G011100 36565
028 G021100 2372
028 G031100 0
028 G041100 8156
028 H001100 33
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 35
044 001100 0
045 001100 Y
046 001100 N
<PAGE> PAGE 46
047 001100 Y
048 001100 0.750
048 A011100 0
048 A021100 0.000
048 B011100 0
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
<PAGE> PAGE 47
063 A001100 0
063 B001100 0.0
066 A001100 Y
066 B001100 N
066 C001100 N
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 Y
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 N
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
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 N
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 76934
071 B001100 30028
<PAGE> PAGE 48
071 C001100 86531
071 D001100 35
072 A001100 12
072 B001100 23
072 C001100 3060
072 D001100 0
072 E001100 0
072 F001100 669
072 G001100 89
072 H001100 0
072 I001100 45
072 J001100 18
072 K001100 0
072 L001100 0
072 M001100 2
072 N001100 16
072 O001100 0
072 P001100 0
072 Q001100 0
072 R001100 6
072 S001100 7
072 T001100 43
072 U001100 4
072 V001100 0
072 W001100 7
072 X001100 906
072 Y001100 0
072 Z001100 2177
072AA001100 5259
072BB001100 820
072CC011100 13885
072CC021100 0
072DD011100 1991
072DD021100 6
072EE001100 3278
073 A011100 0.3064
073 A021100 0.2739
073 B001100 0.5061
073 C001100 0.0000
074 A001100 0
074 B001100 0
074 C001100 0
074 D001100 1332
074 E001100 0
074 F001100 124044
074 G001100 0
074 H001100 0
074 I001100 1644
074 J001100 0
074 K001100 0
074 L001100 664
<PAGE> PAGE 49
074 M001100 10
074 N001100 127694
074 O001100 0
074 P001100 75
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 79
074 S001100 0
074 T001100 127540
074 U011100 8548
074 U021100 28
074 V011100 14.87
074 V021100 14.86
074 W001100 0.0000
074 X001100 3366
074 Y001100 0
075 A001100 0
075 B001100 89236
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
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 DELETE
025 D001201 0
025 A001202 PRUDENTIAL BACHE SECURITIES
025 B001202 22-2347336
025 C001202 D
<PAGE> PAGE 50
025 D001202 6700
025 D001203 0
025 D001204 0
025 D001205 0
025 D001206 0
025 D001207 0
025 D001208 0
028 A011200 2766
028 A021200 3827
028 A031200 0
028 A041200 486
028 B011200 4296
028 B021200 -10
028 B031200 0
028 B041200 607
028 C011200 6202
028 C021200 0
028 C031200 0
028 C041200 1570
028 D011200 4340
028 D021200 0
028 D031200 0
028 D041200 863
028 E011200 3835
028 E021200 0
028 E031200 0
028 E041200 1007
028 F011200 39074
028 F021200 0
028 F031200 0
028 F041200 887
028 G011200 60513
028 G021200 3817
028 G031200 0
028 G041200 5420
028 H001200 306
029 001200 Y
030 A001200 1
030 B001200 3.75
030 C001200 0.00
031 A001200 2
031 B001200 0
032 001200 0
033 001200 0
034 001200 N
035 001200 0
036 B001200 0
037 001200 N
038 001200 0
039 001200 N
040 001200 Y
<PAGE> PAGE 51
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 49
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.750
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 0
048 K021200 0.000
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 52
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 Y
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 Y
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 53
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 149324
071 B001200 83069
071 C001200 129105
071 D001200 64
072 A001200 12
072 B001200 0
072 C001200 2364
072 D001200 0
072 E001200 0
072 F001200 982
072 G001200 131
072 H001200 0
072 I001200 30
072 J001200 23
072 K001200 0
072 L001200 2
072 M001200 3
072 N001200 17
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 6
072 S001200 10
072 T001200 64
072 U001200 4
072 V001200 0
072 W001200 10
072 X001200 1282
072 Y001200 0
072 Z001200 1081
072AA001200 16959
072BB001200 4171
072CC011200 17940
072CC021200 0
072DD011200 803
072DD021200 16
072EE001200 7938
073 A011200 0.0886
073 A021200 0.0523
073 B001200 0.8464
<PAGE> PAGE 54
073 C001200 0.0000
074 A001200 0
074 B001200 6700
074 C001200 0
074 D001200 0
074 E001200 2633
074 F001200 193951
074 G001200 0
074 H001200 0
074 I001200 5166
074 J001200 1076
074 K001200 0
074 L001200 690
074 M001200 10
074 N001200 210226
074 O001200 5471
074 P001200 115
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 400
074 S001200 0
074 T001200 204240
074 U011200 13158
074 U021200 330
074 V011200 15.15
074 V021200 14.95
074 W001200 0.0000
074 X001200 4328
074 Y001200 0
075 A001200 0
075 B001200 130955
076 001200 0.00
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 UNION BANK OF CALIFORNIA
015 B001302 S
015 C011302 SAN FRANCISCO
015 C021302 CA
015 C031302 94111
<PAGE> PAGE 55
015 E041302 X
024 001300 N
025 A001301 DELETE
025 D001301 0
025 D001302 0
025 D001303 0
025 D001304 0
025 D001305 0
025 D001306 0
025 D001307 0
025 D001308 0
028 A011300 5700
028 A021300 112
028 A031300 0
028 A041300 8611
028 B011300 9828
028 B021300 172
028 B031300 0
028 B041300 1691
028 C011300 1671
028 C021300 169
028 C031300 0
028 C041300 4229
028 D011300 5311
028 D021300 167
028 D031300 0
028 D041300 4101
028 E011300 1675
028 E021300 192
028 E031300 0
028 E041300 3900
028 F011300 12100
028 F021300 375
028 F031300 0
028 F041300 12940
028 G011300 36285
028 G021300 1187
028 G031300 0
028 G041300 35472
028 H001300 432
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
<PAGE> PAGE 56
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 5
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
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
<PAGE> PAGE 57
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 39.5
062 N001300 0.0
062 O001300 0.0
062 P001300 8.7
062 Q001300 48.3
062 R001300 3.5
063 A001300 0
063 B001300 2.8
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
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
<PAGE> PAGE 58
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 142370
071 B001300 121158
071 C001300 53781
071 D001300 225
072 A001300 12
072 B001300 3914
072 C001300 0
072 D001300 0
072 E001300 0
072 F001300 0
072 G001300 66
072 H001300 0
072 I001300 15
072 J001300 14
072 K001300 0
072 L001300 2
072 M001300 2
072 N001300 9
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 5
072 S001300 6
072 T001300 7
072 U001300 4
072 V001300 0
072 W001300 7
072 X001300 137
072 Y001300 0
072 Z001300 3777
072AA001300 304
072BB001300 318
072CC011300 105
072CC021300 0
072DD011300 3662
072DD021300 115
072EE001300 185
073 A011300 0.5753
073 A021300 0.5661
073 B001300 0.0317
<PAGE> PAGE 59
073 C001300 0.0000
074 A001300 0
074 B001300 0
074 C001300 987
074 D001300 59336
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 2183
074 J001300 3345
074 K001300 0
074 L001300 856
074 M001300 11
074 N001300 66718
074 O001300 3498
074 P001300 0
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 138
074 S001300 0
074 T001300 63082
074 U011300 6112
074 U021300 205
074 V011300 9.99
074 V021300 10.00
074 W001300 0.0000
074 X001300 285
074 Y001300 0
075 A001300 0
075 B001300 65838
076 001300 0.00
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 UNION BANK OF CALIFORNIA
015 B001402 S
015 C011402 SAN FRANCISCO
015 C021402 CA
015 C031402 94111
<PAGE> PAGE 60
015 E041402 X
024 001400 N
025 A001401 DELETE
025 D001401 0
025 A001402 DELETE
025 D001402 0
025 D001403 0
025 D001404 0
025 D001405 0
025 D001406 0
025 D001407 0
025 D001408 0
028 A011400 9450
028 A021400 2869
028 A031400 0
028 A041400 382
028 B011400 6427
028 B021400 947
028 B031400 0
028 B041400 1425
028 C011400 5618
028 C021400 955
028 C031400 0
028 C041400 45737
028 D011400 3360
028 D021400 872
028 D031400 0
028 D041400 1403
028 E011400 5533
028 E021400 788
028 E031400 0
028 E041400 745
028 F011400 7123
028 F021400 1588
028 F031400 0
028 F041400 2977
028 G011400 37511
028 G021400 8019
028 G031400 0
028 G041400 52669
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
<PAGE> PAGE 61
036 B001400 0
037 001400 N
038 001400 0
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 2
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
<PAGE> PAGE 62
062 A001400 Y
062 B001400 0.0
062 C001400 0.0
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 25.4
062 N001400 14.3
062 O001400 0.0
062 P001400 28.6
062 Q001400 27.7
062 R001400 4.0
063 A001400 0
063 B001400 10.3
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
<PAGE> PAGE 63
070 M011400 Y
070 M021400 N
070 N011400 Y
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 450570
071 B001400 475800
071 C001400 267343
071 D001400 169
072 A001400 12
072 B001400 19095
072 C001400 0
072 D001400 0
072 E001400 0
072 F001400 0
072 G001400 259
072 H001400 0
072 I001400 25
072 J001400 39
072 K001400 0
072 L001400 7
072 M001400 8
072 N001400 15
072 O001400 0
072 P001400 0
072 Q001400 0
072 R001400 11
072 S001400 23
072 T001400 27
072 U001400 4
072 V001400 0
072 W001400 20
072 X001400 438
072 Y001400 0
072 Z001400 18657
072AA001400 2655
072BB001400 5559
072CC011400 7850
072CC021400 0
072DD011400 18521
072DD021400 136
072EE001400 3894
073 A011400 0.6680
073 A021400 0.6429
<PAGE> PAGE 64
073 B001400 0.1402
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 4593
074 D001400 243722
074 E001400 0
074 F001400 0
074 G001400 0
074 H001400 0
074 I001400 10426
074 J001400 4313
074 K001400 0
074 L001400 3430
074 M001400 10
074 N001400 266494
074 O001400 4310
074 P001400 0
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 770
074 S001400 0
074 T001400 261414
074 U011400 26204
074 U021400 221
074 V011400 9.89
074 V021400 9.89
074 W001400 0.0000
074 X001400 975
074 Y001400 0
075 A001400 0
075 B001400 278428
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
<PAGE> PAGE 65
008 D021503 KY
008 D031503 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 1750
025 D001502 0
025 D001503 0
025 D001504 0
025 D001505 0
025 D001506 0
025 D001507 0
025 D001508 0
028 A011500 1079
028 A021500 13
028 A031500 0
028 A041500 371
028 B011500 6751
028 B021500 8
028 B031500 0
028 B041500 4775
028 C011500 976
028 C021500 8
028 C031500 0
028 C041500 621
028 D011500 1002
028 D021500 7
028 D031500 0
028 D041500 1664
028 E011500 793
028 E021500 8
028 E031500 0
028 E041500 821
028 F011500 1052
028 F021500 6
028 F031500 0
028 F041500 936
028 G011500 11653
028 G021500 50
028 G031500 0
028 G041500 9188
028 H001500 0
029 001500 Y
030 A001500 0
<PAGE> PAGE 66
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 12
044 001500 62
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
048 K011500 0
048 K021500 0.000
055 A001500 Y
<PAGE> PAGE 67
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 33.2
062 N001500 39.6
062 O001500 0.0
062 P001500 0.0
062 Q001500 25.3
062 R001500 1.9
063 A001500 0
063 B001500 7.8
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
070 G021500 N
070 H011500 N
070 H021500 N
<PAGE> PAGE 68
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 Y
070 L021500 N
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 94544
071 B001500 91303
071 C001500 94663
071 D001500 96
072 A001500 12
072 B001500 6095
072 C001500 0
072 D001500 0
072 E001500 0
072 F001500 485
072 G001500 49
072 H001500 0
072 I001500 24
072 J001500 16
072 K001500 0
072 L001500 7
072 M001500 4
072 N001500 9
072 O001500 0
072 P001500 0
072 Q001500 0
072 R001500 5
072 S001500 5
072 T001500 96
072 U001500 3
072 V001500 0
072 W001500 58
072 X001500 761
072 Y001500 0
072 Z001500 5334
072AA001500 276
<PAGE> PAGE 69
072BB001500 658
072CC011500 1587
072CC021500 0
072DD011500 5328
072DD021500 1
072EE001500 751
073 A011500 0.5852
073 A021500 0.4100
073 B001500 0.0841
073 C001500 0.0000
074 A001500 0
074 B001500 0
074 C001500 22577
074 D001500 66486
074 E001500 0
074 F001500 0
074 G001500 0
074 H001500 0
074 I001500 1750
074 J001500 0
074 K001500 0
074 L001500 927
074 M001500 6
074 N001500 91746
074 O001500 0
074 P001500 55
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 506
074 S001500 0
074 T001500 91185
074 U011500 9099
074 U021500 2
074 V011500 10.02
074 V021500 10.02
074 W001500 0.0000
074 X001500 2879
074 Y001500 0
075 A001500 0
075 B001500 91364
076 001500 0.00
008 A001601 NATIONAL CITY BANK
008 B001601 A
008 C001601 801-0000
008 D011601 CLEVELAND
008 D021601 OH
008 D031601 44114
008 A001602 NATIONAL CITY BANK, COLUMBUS
008 B001602 A
<PAGE> PAGE 70
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
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 658
025 D001602 0
025 D001603 0
025 D001604 0
025 D001605 0
025 D001606 0
025 D001607 0
025 D001608 0
028 A011600 783
028 A021600 16
028 A031600 0
028 A041600 238
028 B011600 4840
028 B021600 8
028 B031600 0
028 B041600 3146
028 C011600 1299
028 C021600 8
028 C031600 0
028 C041600 225
028 D011600 1358
028 D021600 8
028 D031600 0
028 D041600 846
028 E011600 1098
028 E021600 9
028 E031600 0
028 E041600 684
028 F011600 492
028 F021600 21
028 F031600 0
<PAGE> PAGE 71
028 F041600 1562
028 G011600 9870
028 G021600 70
028 G031600 0
028 G041600 6701
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 9
044 001600 42
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
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
<PAGE> PAGE 72
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 99.1
062 O001600 0.0
062 P001600 0.0
062 Q001600 0.0
062 R001600 0.9
063 A001600 0
063 B001600 10.0
064 A001600 N
064 B001600 N
066 A001600 N
067 001600 N
068 A001600 N
068 B001600 N
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
<PAGE> PAGE 73
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 42389
071 B001600 34990
071 C001600 61317
071 D001600 57
072 A001600 12
072 B001600 4636
072 C001600 0
072 D001600 0
072 E001600 0
072 F001600 324
072 G001600 35
072 H001600 0
072 I001600 24
072 J001600 14
072 K001600 0
072 L001600 8
072 M001600 3
072 N001600 17
072 O001600 0
072 P001600 0
072 Q001600 0
072 R001600 8
072 S001600 6
<PAGE> PAGE 74
072 T001600 68
072 U001600 3
072 V001600 0
072 W001600 36
072 X001600 546
072 Y001600 0
072 Z001600 4090
072AA001600 395
072BB001600 316
072CC011600 1306
072CC021600 0
072DD011600 4084
072DD021600 5
072EE001600 638
073 A011600 0.6526
073 A021600 0.4500
073 B001600 0.1046
073 C001600 0.0000
074 A001600 0
074 B001600 0
074 C001600 6992
074 D001600 63932
074 E001600 0
074 F001600 0
074 G001600 0
074 H001600 0
074 I001600 658
074 J001600 0
074 K001600 0
074 L001600 530
074 M001600 6
074 N001600 72118
074 O001600 0
074 P001600 38
074 Q001600 0
074 R011600 0
074 R021600 0
074 R031600 0
074 R041600 7450
074 S001600 0
074 T001600 64630
074 U011600 6355
074 U021600 13
074 V011600 10.15
074 V021600 10.15
074 W001600 0.0000
074 X001600 2961
074 Y001600 0
075 A001600 0
075 B001600 64150
076 001600 0.00
<PAGE> PAGE 75
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 WEISS PECK & GREER, L.L.C.
008 B001704 S
008 C001704 801-0000
008 D011704 NEW YORK
008 D021704 NY
008 D031704 10004
015 A001701 NATIONAL CITY BANK
015 B001701 C
015 C011701 CLEVELAND
015 C021701 OH
015 C031701 44135
015 E031701 X
024 001700 N
025 D001701 0
025 D001702 0
025 D001703 0
025 D001704 0
025 D001705 0
025 D001706 0
025 D001707 0
025 D001708 0
028 A011700 24293
028 A021700 4
028 A031700 0
028 A041700 19279
028 B011700 11503
028 B021700 4
028 B031700 0
028 B041700 15471
028 C011700 12461
028 C021700 6
028 C031700 0
028 C041700 6795
<PAGE> PAGE 76
028 D011700 15351
028 D021700 8
028 D031700 0
028 D041700 10214
028 E011700 14271
028 E021700 10
028 E031700 0
028 E041700 24743
028 F011700 15728
028 F021700 13
028 F031700 0
028 F041700 9127
028 G011700 93607
028 G021700 45
028 G031700 0
028 G041700 85629
028 H001700 0
029 001700 N
030 A001700 0
030 B001700 0.00
030 C001700 0.00
031 A001700 0
031 B001700 0
032 001700 0
033 001700 0
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
042 E001700 0
042 F001700 0
042 G001700 0
042 H001700 100
043 001700 10
044 001700 47
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
<PAGE> PAGE 77
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 0
062 A001700 Y
062 B001700 0.0
062 C001700 0.0
062 D001700 0.0
062 E001700 99.3
062 F001700 0.0
062 G001700 0.0
062 H001700 0.0
062 I001700 0.0
062 J001700 0.0
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 0.7
063 A001700 51
063 B001700 0.0
064 A001700 Y
064 B001700 N
066 A001700 N
067 001700 N
<PAGE> PAGE 78
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
070 R011700 N
070 R021700 N
071 A001700 0
071 B001700 0
071 C001700 0
071 D001700 0
072 A001700 12
072 B001700 2724
072 C001700 0
072 D001700 0
072 E001700 0
072 F001700 119
072 G001700 5
072 H001700 0
<PAGE> PAGE 79
072 I001700 31
072 J001700 14
072 K001700 0
072 L001700 10
072 M001700 4
072 N001700 7
072 O001700 0
072 P001700 0
072 Q001700 0
072 R001700 26
072 S001700 6
072 T001700 73
072 U001700 3
072 V001700 0
072 W001700 16
072 X001700 314
072 Y001700 0
072 Z001700 2410
072AA001700 26
072BB001700 0
072CC011700 0
072CC021700 0
072DD011700 2146
072DD021700 264
072EE001700 0
073 A011700 0.0321
073 A021700 0.0200
073 B001700 0.0000
073 C001700 0.0000
074 A001700 0
074 B001700 0
074 C001700 80854
074 D001700 0
074 E001700 0
074 F001700 0
074 G001700 0
074 H001700 0
074 I001700 558
074 J001700 0
074 K001700 0
074 L001700 606
074 M001700 7
074 N001700 82025
074 O001700 0
074 P001700 7
074 Q001700 0
074 R011700 0
074 R021700 0
074 R031700 0
074 R041700 312
074 S001700 0
<PAGE> PAGE 80
074 T001700 81706
074 U011700 60880
074 U021700 20830
074 V011700 1.00
074 V021700 1.00
074 W001700 0.9998
074 X001700 781
074 Y001700 0
075 A001700 78299
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 WEISS PECK & GREER, L.L.C.
008 B001804 S
008 C001804 801-0000
008 D011804 NEW YORK
008 D021804 NY
008 D031804 10004
015 A001801 NATIONAL CITY BANK
015 B001801 C
015 C011801 CLEVELAND
015 C021801 OH
015 C031801 44135
015 E031801 X
024 001800 N
025 D001801 0
025 D001802 0
025 D001803 0
025 D001804 0
025 D001805 0
025 D001806 0
025 D001807 0
025 D001808 0
028 A011800 108
<PAGE> PAGE 81
028 A021800 0
028 A031800 0
028 A041800 234
028 B011800 974
028 B021800 0
028 B031800 0
028 B041800 161
028 C011800 379
028 C021800 0
028 C031800 0
028 C041800 664
028 D011800 617
028 D021800 0
028 D031800 0
028 D041800 1065
028 E011800 892
028 E021800 0
028 E031800 0
028 E041800 664
028 F011800 532
028 F021800 3
028 F031800 0
028 F041800 694
028 G011800 3502
028 G021800 3
028 G031800 0
028 G041800 3482
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
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
<PAGE> PAGE 82
042 H001800 100
043 001800 5
044 001800 26
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 N
060 B001800 N
061 001800 0
062 A001800 Y
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
<PAGE> PAGE 83
062 N001800 0.0
062 O001800 99.3
062 P001800 0.0
062 Q001800 0.0
062 R001800 0.7
063 A001800 0
063 B001800 6.2
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
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 15254
<PAGE> PAGE 84
071 B001800 16407
071 C001800 36441
071 D001800 42
072 A001800 12
072 B001800 1947
072 C001800 0
072 D001800 0
072 E001800 0
072 F001800 192
072 G001800 21
072 H001800 0
072 I001800 20
072 J001800 6
072 K001800 0
072 L001800 3
072 M001800 2
072 N001800 4
072 O001800 0
072 P001800 0
072 Q001800 0
072 R001800 15
072 S001800 1
072 T001800 28
072 U001800 3
072 V001800 0
072 W001800 30
072 X001800 325
072 Y001800 0
072 Z001800 1623
072AA001800 84
072BB001800 16
072CC011800 568
072CC021800 0
072DD011800 1620
072DD021800 3
072EE001800 112
073 A011800 0.4429
073 A021800 0.3100
073 B001800 0.0312
073 C001800 0.0000
074 A001800 0
074 B001800 0
074 C001800 0
074 D001800 36415
074 E001800 0
074 F001800 0
074 G001800 0
074 H001800 0
074 I001800 30
074 J001800 0
074 K001800 0
<PAGE> PAGE 85
074 L001800 703
074 M001800 6
074 N001800 37154
074 O001800 0
074 P001800 10
074 Q001800 0
074 R011800 0
074 R021800 0
074 R031800 0
074 R041800 294
074 S001800 0
074 T001800 36850
074 U011800 3599
074 U021800 8
074 V011800 10.22
074 V021800 10.22
074 W001800 0.0000
074 X001800 402
074 Y001800 0
075 A001800 0
075 B001800 37312
076 001800 0.00
025 D001901 0
025 D001902 0
025 D001903 0
025 D001904 0
025 D001905 0
025 D001906 0
025 D001907 0
025 D001908 0
SIGNATURE KATHY THREN
TITLE LEGAL COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 011
<NAME> MONEY MARKET FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 2300458986
<INVESTMENTS-AT-VALUE> 2300458986
<RECEIVABLES> 558055
<ASSETS-OTHER> 50228
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2301067269
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11875078
<TOTAL-LIABILITIES> 11875078
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2289201684
<SHARES-COMMON-STOCK> 1943026036
<SHARES-COMMON-PRIOR> 1344418519
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9493)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1943020527
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 110280649
<OTHER-INCOME> 0
<EXPENSES-NET> 7767416
<NET-INVESTMENT-INCOME> 102513233
<REALIZED-GAINS-CURRENT> (1179)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 102512054
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 85505145
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5045819104
<NUMBER-OF-SHARES-REDEEMED> 4447235733
<SHARES-REINVESTED> 24147
<NET-CHANGE-IN-ASSETS> 601691583
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8314)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7094438
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9794398
<AVERAGE-NET-ASSETS> 1685419784
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<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> 012
<NAME> MONEY MARKET FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 2300458986
<INVESTMENTS-AT-VALUE> 2300458986
<RECEIVABLES> 558055
<ASSETS-OTHER> 50228
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2301067269
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11875078
<TOTAL-LIABILITIES> 11875078
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2289201684
<SHARES-COMMON-STOCK> 346175648
<SHARES-COMMON-PRIOR> 343519357
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9493)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 346171664
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 110280649
<OTHER-INCOME> 0
<EXPENSES-NET> 7767416
<NET-INVESTMENT-INCOME> 102513233
<REALIZED-GAINS-CURRENT> (1179)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 102512054
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 17008083
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1653854681
<NUMBER-OF-SHARES-REDEEMED> 1663863759
<SHARES-REINVESTED> 13094323
<NET-CHANGE-IN-ASSETS> 601691583
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8314)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7094438
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9794398
<AVERAGE-NET-ASSETS> 342166027
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 021
<NAME> GOVERNMENT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 975344289
<INVESTMENTS-AT-VALUE> 975344289
<RECEIVABLES> 195936
<ASSETS-OTHER> 1117
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 975541223
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4749840
<TOTAL-LIABILITIES> 4749840
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 970793257
<SHARES-COMMON-STOCK> 811663715
<SHARES-COMMON-PRIOR> 741895081
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1874)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 811662224
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 52097100
<OTHER-INCOME> 0
<EXPENSES-NET> 3678823
<NET-INVESTMENT-INCOME> 48418277
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 48418277
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 40860584
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2930558838
<NUMBER-OF-SHARES-REDEEMED> 2861212866
<SHARES-REINVESTED> 422662
<NET-CHANGE-IN-ASSETS> 97703883
<ACCUMULATED-NII-PRIOR> (1874)
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3381394
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4644935
<AVERAGE-NET-ASSETS> 813214345
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 022
<NAME> GOVERNMENT FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 975344289
<INVESTMENTS-AT-VALUE> 975344289
<RECEIVABLES> 195936
<ASSETS-OTHER> 1117
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 975541223
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4749840
<TOTAL-LIABILITIES> 4749840
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 970793257
<SHARES-COMMON-STOCK> 159129542
<SHARES-COMMON-PRIOR> 131194293
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1874)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 159129159
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 52097100
<OTHER-INCOME> 0
<EXPENSES-NET> 3678823
<NET-INVESTMENT-INCOME> 48418277
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 48418277
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7557693
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 434038296
<NUMBER-OF-SHARES-REDEEMED> 407251681
<SHARES-REINVESTED> 1148634
<NET-CHANGE-IN-ASSETS> 97703883
<ACCUMULATED-NII-PRIOR> (1874)
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3381394
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4644935
<AVERAGE-NET-ASSETS> 153406301
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 031
<NAME> TREASURY FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 281958896
<INVESTMENTS-AT-VALUE> 281958896
<RECEIVABLES> 1386936
<ASSETS-OTHER> 9320
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 283355152
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1347888
<TOTAL-LIABILITIES> 1347888
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 281993071
<SHARES-COMMON-STOCK> 276313170
<SHARES-COMMON-PRIOR> 312243522
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14193
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 276327247
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 16395102
<OTHER-INCOME> 0
<EXPENSES-NET> 1187107
<NET-INVESTMENT-INCOME> 15207995
<REALIZED-GAINS-CURRENT> 16727
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 15224722
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14953651
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1140870084
<NUMBER-OF-SHARES-REDEEMED> 1176801210
<SHARES-REINVESTED> 774
<NET-CHANGE-IN-ASSETS> (34603176)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11704
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 953800
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1112766
<AVERAGE-NET-ASSETS> 312162301
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<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> TREASURY FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 281958896
<INVESTMENTS-AT-VALUE> 281958896
<RECEIVABLES> 1386936
<ASSETS-OTHER> 9320
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 283355152
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1347888
<TOTAL-LIABILITIES> 1347888
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 281993071
<SHARES-COMMON-STOCK> 5679901
<SHARES-COMMON-PRIOR> 4355214
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14193
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 5680017
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 16395102
<OTHER-INCOME> 0
<EXPENSES-NET> 1187107
<NET-INVESTMENT-INCOME> 15207995
<REALIZED-GAINS-CURRENT> 16727
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 15224722
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 268584
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 31457071
<NUMBER-OF-SHARES-REDEEMED> 30370927
<SHARES-REINVESTED> 238543
<NET-CHANGE-IN-ASSETS> (34603176)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11704
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 953800
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1112766
<AVERAGE-NET-ASSETS> 5733664
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 041
<NAME> TAX-EXEMPT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 446565490
<INVESTMENTS-AT-VALUE> 446565490
<RECEIVABLES> 2696579
<ASSETS-OTHER> 650
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 449262719
<PAYABLE-FOR-SECURITIES> 5118180
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1548453
<TOTAL-LIABILITIES> 6666633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 442584405
<SHARES-COMMON-STOCK> 370669841
<SHARES-COMMON-PRIOR> 261809695
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11681
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 370679153
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13281324
<OTHER-INCOME> 0
<EXPENSES-NET> 1178559
<NET-INVESTMENT-INCOME> 12102765
<REALIZED-GAINS-CURRENT> 13140
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 12115905
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9991012
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 631572058
<NUMBER-OF-SHARES-REDEEMED> 522712255
<SHARES-REINVESTED> 343
<NET-CHANGE-IN-ASSETS> 94859768
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1459)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1338233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1943263
<AVERAGE-NET-ASSETS> 313859137
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .29
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
[ARTICLE] 6
[CIK] 0000778202
[NAME] ARMADA FUNDS
[SERIES]
[NUMBER] 042
[NAME] TAX-EXEMPT FUND - RETAIL CLASS
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] MAY-31-1997
[PERIOD-END] MAY-31-1997
[INVESTMENTS-AT-COST] 446565490
[INVESTMENTS-AT-VALUE] 446565490
[RECEIVABLES] 2696579
[ASSETS-OTHER] 650
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 449262719
[PAYABLE-FOR-SECURITIES] 5118180
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1548453
[TOTAL-LIABILITIES] 6666633
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 442584405
[SHARES-COMMON-STOCK] 71914564
[SHARES-COMMON-PRIOR] 85928082
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 11681
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 71916933
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 13281324
[OTHER-INCOME] 0
[EXPENSES-NET] 1178559
[NET-INVESTMENT-INCOME] 12102765
[REALIZED-GAINS-CURRENT] 13140
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 12115905
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2111753
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 334988273
[NUMBER-OF-SHARES-REDEEMED] 351091691
[SHARES-REINVESTED] 2089900
[NET-CHANGE-IN-ASSETS] 94859768
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (1459)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1338233
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1943263
[AVERAGE-NET-ASSETS] 68560766
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] .03
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] .03
[PER-SHARE-DISTRIBUTIONS] 0
[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> EQUITY GROWTH FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 211246737
<INVESTMENTS-AT-VALUE> 262417657
<RECEIVABLES> 473938
<ASSETS-OTHER> 202
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 262891797
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 366306
<TOTAL-LIABILITIES> 366306
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 194434315
<SHARES-COMMON-STOCK> 13722856
<SHARES-COMMON-PRIOR> 9249651
<ACCUMULATED-NII-CURRENT> 15984
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 16904272
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51170920
<NET-ASSETS> 255594342
<DIVIDEND-INCOME> 2761113
<INTEREST-INCOME> 371572
<OTHER-INCOME> 0
<EXPENSES-NET> 2093606
<NET-INVESTMENT-INCOME> 1039079
<REALIZED-GAINS-CURRENT> 47980337
<APPREC-INCREASE-CURRENT> 14208938
<NET-CHANGE-FROM-OPS> 63228354
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1191310
<DISTRIBUTIONS-OF-GAINS> 45654427
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7181302
<NUMBER-OF-SHARES-REDEEMED> 6282897
<SHARES-REINVESTED> 943703
<NET-CHANGE-IN-ASSETS> 89842127
<ACCUMULATED-NII-PRIOR> 189107
<ACCUMULATED-GAINS-PRIOR> 15908190
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1612194
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2093606
<AVERAGE-NET-ASSETS> 208744447
<PER-SHARE-NAV-BEGIN> 18.02
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 4.66
<PER-SHARE-DIVIDEND> .11
<PER-SHARE-DISTRIBUTIONS> 4.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.63
<EXPENSE-RATIO> .97
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 082
<NAME> EQUITY GROWTH FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 211246737
<INVESTMENTS-AT-VALUE> 262417657
<RECEIVABLES> 473938
<ASSETS-OTHER> 202
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 262891797
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 366306
<TOTAL-LIABILITIES> 366306
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 194434315
<SHARES-COMMON-STOCK> 371276
<SHARES-COMMON-PRIOR> 333129
<ACCUMULATED-NII-CURRENT> 15984
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 16904272
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51170920
<NET-ASSETS> 6931149
<DIVIDEND-INCOME> 2761113
<INTEREST-INCOME> 371572
<OTHER-INCOME> 0
<EXPENSES-NET> 2093606
<NET-INVESTMENT-INCOME> 1039079
<REALIZED-GAINS-CURRENT> 47980337
<APPREC-INCREASE-CURRENT> 14208938
<NET-CHANGE-FROM-OPS> 63228354
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 20892
<DISTRIBUTIONS-OF-GAINS> 1329828
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41911
<NUMBER-OF-SHARES-REDEEMED> 77687
<SHARES-REINVESTED> 73923
<NET-CHANGE-IN-ASSETS> 89842127
<ACCUMULATED-NII-PRIOR> 189107
<ACCUMULATED-GAINS-PRIOR> 15908190
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1612194
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2093606
<AVERAGE-NET-ASSETS> 6414353
<PER-SHARE-NAV-BEGIN> 18.05
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 4.66
<PER-SHARE-DIVIDEND> .06
<PER-SHARE-DISTRIBUTIONS> 4.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.67
<EXPENSE-RATIO> 1.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 091
<NAME> FIXED INCOME FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 123822874
<INVESTMENTS-AT-VALUE> 123801232
<RECEIVABLES> 1827120
<ASSETS-OTHER> 182
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 125628534
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 637592
<TOTAL-LIABILITIES> 637592
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 126558500
<SHARES-COMMON-STOCK> 11696026
<SHARES-COMMON-PRIOR> 10801748
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1545916)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (21642)
<NET-ASSETS> 121270966
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7845351
<OTHER-INCOME> 0
<EXPENSES-NET> 856956
<NET-INVESTMENT-INCOME> 6988395
<REALIZED-GAINS-CURRENT> 391862
<APPREC-INCREASE-CURRENT> 715890
<NET-CHANGE-FROM-OPS> 8096147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6746924
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7749485
<NUMBER-OF-SHARES-REDEEMED> 6910866
<SHARES-REINVESTED> 55659
<NET-CHANGE-IN-ASSETS> 7535157
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1937778)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 668549
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 975244
<AVERAGE-NET-ASSETS> 117123512
<PER-SHARE-NAV-BEGIN> 10.30
<PER-SHARE-NII> .60
<PER-SHARE-GAIN-APPREC> .07
<PER-SHARE-DIVIDEND> .60
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.37
<EXPENSE-RATIO> .70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 092
<NAME> FIXED INCOME FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 123822874
<INVESTMENTS-AT-VALUE> 123801232
<RECEIVABLES> 1827120
<ASSETS-OTHER> 182
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 125628534
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 637592
<TOTAL-LIABILITIES> 637592
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 126558500
<SHARES-COMMON-STOCK> 357016
<SHARES-COMMON-PRIOR> 600711
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1545916)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (21642)
<NET-ASSETS> 3719976
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7845351
<OTHER-INCOME> 0
<EXPENSES-NET> 856956
<NET-INVESTMENT-INCOME> 6988395
<REALIZED-GAINS-CURRENT> 391862
<APPREC-INCREASE-CURRENT> 715890
<NET-CHANGE-FROM-OPS> 8096147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 241729
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1197
<NUMBER-OF-SHARES-REDEEMED> 266960
<SHARES-REINVESTED> 22068
<NET-CHANGE-IN-ASSETS> 7535157
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1937778)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 668549
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 975244
<AVERAGE-NET-ASSETS> 4368482
<PER-SHARE-NAV-BEGIN> 10.35
<PER-SHARE-NII> .57
<PER-SHARE-GAIN-APPREC> .07
<PER-SHARE-DIVIDEND> .57
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.42
<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> 101
<NAME> OHIO TAX-EXEMPT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 92298496
<INVESTMENTS-AT-VALUE> 93652388
<RECEIVABLES> 2000604
<ASSETS-OTHER> 79
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 95653071
<PAYABLE-FOR-SECURITIES> 368600
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 383673
<TOTAL-LIABILITIES> 752273
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 93546902
<SHARES-COMMON-STOCK> 8411463
<SHARES-COMMON-PRIOR> 7749732
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1353892
<NET-ASSETS> 91366272
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4413507
<OTHER-INCOME> 0
<EXPENSES-NET> 214902
<NET-INVESTMENT-INCOME> 4198605
<REALIZED-GAINS-CURRENT> 7711
<APPREC-INCREASE-CURRENT> 1308094
<NET-CHANGE-FROM-OPS> 5514410
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3983912
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2121364
<NUMBER-OF-SHARES-REDEEMED> 1469851
<SHARES-REINVESTED> 10218
<NET-CHANGE-IN-ASSETS> 9146160
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (7707)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 490179
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 705081
<AVERAGE-NET-ASSETS> 112740306
<PER-SHARE-NAV-BEGIN> 10.70
<PER-SHARE-NII> .51
<PER-SHARE-GAIN-APPREC> .16
<PER-SHARE-DIVIDEND> .51
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.86
<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> OHIO TAX-EXEMPT FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 92298496
<INVESTMENTS-AT-VALUE> 93652388
<RECEIVABLES> 2000604
<ASSETS-OTHER> 79
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 95653071
<PAYABLE-FOR-SECURITIES> 368600
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 383673
<TOTAL-LIABILITIES> 752273
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 93546902
<SHARES-COMMON-STOCK> 326554
<SHARES-COMMON-PRIOR> 269252
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1353892
<NET-ASSETS> 3534526
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4413507
<OTHER-INCOME> 0
<EXPENSES-NET> 214902
<NET-INVESTMENT-INCOME> 4198605
<REALIZED-GAINS-CURRENT> 7711
<APPREC-INCREASE-CURRENT> 1308094
<NET-CHANGE-FROM-OPS> 5514410
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 214693
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 298675
<NUMBER-OF-SHARES-REDEEMED> 254112
<SHARES-REINVESTED> 12739
<NET-CHANGE-IN-ASSETS> 9146160
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (7707)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 490179
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 705081
<AVERAGE-NET-ASSETS> 6096157
<PER-SHARE-NAV-BEGIN> 10.66
<PER-SHARE-NII> .51
<PER-SHARE-GAIN-APPREC> .16
<PER-SHARE-DIVIDEND> .51
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.82
<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> EQUITY INCOME FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 106169536
<INVESTMENTS-AT-VALUE> 127019650
<RECEIVABLES> 664082
<ASSETS-OTHER> 10000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127693732
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 153676
<TOTAL-LIABILITIES> 153676
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102664620
<SHARES-COMMON-STOCK> 8547743
<SHARES-COMMON-PRIOR> 4895028
<ACCUMULATED-NII-CURRENT> 521495
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 20850114
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20850114
<NET-ASSETS> 127130453
<DIVIDEND-INCOME> 3059728
<INTEREST-INCOME> 23219
<OTHER-INCOME> 0
<EXPENSES-NET> 906001
<NET-INVESTMENT-INCOME> 2176946
<REALIZED-GAINS-CURRENT> 4439199
<APPREC-INCREASE-CURRENT> 13884617
<NET-CHANGE-FROM-OPS> 20500762
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1990774
<DISTRIBUTIONS-OF-GAINS> 3266559
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4394354
<NUMBER-OF-SHARES-REDEEMED> 941262
<SHARES-REINVESTED> 199623
<NET-CHANGE-IN-ASSETS> 65299015
<ACCUMULATED-NII-PRIOR> 341643
<ACCUMULATED-GAINS-PRIOR> 2342177
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 669107
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 906001
<AVERAGE-NET-ASSETS> 88914047
<PER-SHARE-NAV-BEGIN> 12.66
<PER-SHARE-NII> .30
<PER-SHARE-GAIN-APPREC> 2.73
<PER-SHARE-DIVIDEND> .31
<PER-SHARE-DISTRIBUTIONS> .51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.87
<EXPENSE-RATIO> 1.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 112
<NAME> EQUITY INCOME FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 106169536
<INVESTMENTS-AT-VALUE> 127019650
<RECEIVABLES> 664082
<ASSETS-OTHER> 10000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127693732
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 153676
<TOTAL-LIABILITIES> 153676
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102664620
<SHARES-COMMON-STOCK> 27558
<SHARES-COMMON-PRIOR> 20796
<ACCUMULATED-NII-CURRENT> 521495
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 20850114
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20850114
<NET-ASSETS> 409603
<DIVIDEND-INCOME> 3059728
<INTEREST-INCOME> 23219
<OTHER-INCOME> 0
<EXPENSES-NET> 906001
<NET-INVESTMENT-INCOME> 2176946
<REALIZED-GAINS-CURRENT> 4439199
<APPREC-INCREASE-CURRENT> 13884617
<NET-CHANGE-FROM-OPS> 20500762
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6320
<DISTRIBUTIONS-OF-GAINS> 10990
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7047
<NUMBER-OF-SHARES-REDEEMED> 1536
<SHARES-REINVESTED> 1252
<NET-CHANGE-IN-ASSETS> 65299015
<ACCUMULATED-NII-PRIOR> 341643
<ACCUMULATED-GAINS-PRIOR> 2342177
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 669107
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 906001
<AVERAGE-NET-ASSETS> 322064
<PER-SHARE-NAV-BEGIN> 12.65
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> 2.68
<PER-SHARE-DIVIDEND> .27
<PER-SHARE-DISTRIBUTIONS> .51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.86
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 121
<NAME> MID CAP REGIONAL FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 179561503
<INVESTMENTS-AT-VALUE> 208450168
<RECEIVABLES> 1765926
<ASSETS-OTHER> 9561
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 210225655
<PAYABLE-FOR-SECURITIES> 5471305
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 514538
<TOTAL-LIABILITIES> 5985843
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 165320337
<SHARES-COMMON-STOCK> 13157819
<SHARES-COMMON-PRIOR> 7579155
<ACCUMULATED-NII-CURRENT> 513666
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9442169
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28888665
<NET-ASSETS> 199311121
<DIVIDEND-INCOME> 2363553
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1282057
<NET-INVESTMENT-INCOME> 1081496
<REALIZED-GAINS-CURRENT> 12788609
<APPREC-INCREASE-CURRENT> 17940286
<NET-CHANGE-FROM-OPS> 31735416
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6042025
<NUMBER-OF-SHARES-REDEEMED> 725351
<SHARES-REINVESTED> 262351
<NET-CHANGE-IN-ASSETS> 100168763
<ACCUMULATED-NII-PRIOR> 251505
<ACCUMULATED-GAINS-PRIOR> 5098719
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 982053
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1282057
<AVERAGE-NET-ASSETS> 126553331
<PER-SHARE-NAV-BEGIN> 13.10
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 2.90
<PER-SHARE-DIVIDEND> .09
<PER-SHARE-DISTRIBUTIONS> .85
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.15
<EXPENSE-RATIO> .97
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 122
<NAME> MID CAP REGIONAL FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 179561503
<INVESTMENTS-AT-VALUE> 208450168
<RECEIVABLES> 1765926
<ASSETS-OTHER> 9561
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 210225655
<PAYABLE-FOR-SECURITIES> 5471305
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 514538
<TOTAL-LIABILITIES> 5985843
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 165320337
<SHARES-COMMON-STOCK> 329062
<SHARES-COMMON-PRIOR> 363255
<ACCUMULATED-NII-CURRENT> 513666
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9442169
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28888665
<NET-ASSETS> 4928691
<DIVIDEND-INCOME> 2363553
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1282057
<NET-INVESTMENT-INCOME> 1081496
<REALIZED-GAINS-CURRENT> 12788609
<APPREC-INCREASE-CURRENT> 17940286
<NET-CHANGE-FROM-OPS> 31735416
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 57754
<NUMBER-OF-SHARES-REDEEMED> 110151
<SHARES-REINVESTED> 18744
<NET-CHANGE-IN-ASSETS> 100168763
<ACCUMULATED-NII-PRIOR> 251505
<ACCUMULATED-GAINS-PRIOR> 5098719
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 982053
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1282057
<AVERAGE-NET-ASSETS> 4401807
<PER-SHARE-NAV-BEGIN> 12.94
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 2.83
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> .85
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.95
<EXPENSE-RATIO> 1.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 131
<NAME> ENHANCED INCOME FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 62637827
<INVESTMENTS-AT-VALUE> 62506813
<RECEIVABLES> 4200932
<ASSETS-OTHER> 10588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 66718333
<PAYABLE-FOR-SECURITIES> 3498298
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 138498
<TOTAL-LIABILITIES> 3636796
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63227964
<SHARES-COMMON-STOCK> 6111731
<SHARES-COMMON-PRIOR> 6687888
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (15413)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (131014)
<NET-ASSETS> 61030663
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3913606
<OTHER-INCOME> 0
<EXPENSES-NET> 137024
<NET-INVESTMENT-INCOME> 3776582
<REALIZED-GAINS-CURRENT> (14163)
<APPREC-INCREASE-CURRENT> 105038
<NET-CHANGE-FROM-OPS> 3867457
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3661702
<DISTRIBUTIONS-OF-GAINS> 178066
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5917556
<NUMBER-OF-SHARES-REDEEMED> 6721831
<SHARES-REINVESTED> 228118
<NET-CHANGE-IN-ASSETS> (5554385)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 183275
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 296129
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 433153
<AVERAGE-NET-ASSETS> 63796257
<PER-SHARE-NAV-BEGIN> 10.01
<PER-SHARE-NII> .58
<PER-SHARE-GAIN-APPREC> .01
<PER-SHARE-DIVIDEND> .58
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> .21
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 132
<NAME> ENHANCED INCOME FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 62637827
<INVESTMENTS-AT-VALUE> 62506813
<RECEIVABLES> 4200932
<ASSETS-OTHER> 10588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 66718333
<PAYABLE-FOR-SECURITIES> 3498298
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 138498
<TOTAL-LIABILITIES> 3636796
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63227964
<SHARES-COMMON-STOCK> 205025
<SHARES-COMMON-PRIOR> 171392
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (15413)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (131014)
<NET-ASSETS> 2050874
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3913606
<OTHER-INCOME> 0
<EXPENSES-NET> 137024
<NET-INVESTMENT-INCOME> 3776582
<REALIZED-GAINS-CURRENT> (14163)
<APPREC-INCREASE-CURRENT> 105038
<NET-CHANGE-FROM-OPS> 3867457
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 114880
<DISTRIBUTIONS-OF-GAINS> 6459
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 241948
<NUMBER-OF-SHARES-REDEEMED> 220372
<SHARES-REINVESTED> 12057
<NET-CHANGE-IN-ASSETS> (5554385)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 183275
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 296129
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 433153
<AVERAGE-NET-ASSETS> 2042113
<PER-SHARE-NAV-BEGIN> 10.02
<PER-SHARE-NII> .57
<PER-SHARE-GAIN-APPREC> .01
<PER-SHARE-DIVIDEND> .57
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.00
<EXPENSE-RATIO> .31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 141
<NAME> TOTAL RETURN ADVANTAGE FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 260057041
<INVESTMENTS-AT-VALUE> 258741353
<RECEIVABLES> 7742280
<ASSETS-OTHER> 10280
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 266493913
<PAYABLE-FOR-SECURITIES> 4310000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 770061
<TOTAL-LIABILITIES> 5080061
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 265939838
<SHARES-COMMON-STOCK> 26203807
<SHARES-COMMON-PRIOR> 28393481
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3210298)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1315688)
<NET-ASSETS> 259227625
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19095616
<OTHER-INCOME> 0
<EXPENSES-NET> 438194
<NET-INVESTMENT-INCOME> 18657422
<REALIZED-GAINS-CURRENT> (2903899)
<APPREC-INCREASE-CURRENT> 7849645
<NET-CHANGE-FROM-OPS> 23603168
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 18520590
<DISTRIBUTIONS-OF-GAINS> 3864266
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6547407
<NUMBER-OF-SHARES-REDEEMED> 10059828
<SHARES-REINVESTED> 1322747
<NET-CHANGE-IN-ASSETS> (21027057)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3587571
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1530963
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1969157
<AVERAGE-NET-ASSETS> 276308302
<PER-SHARE-NAV-BEGIN> 9.88
<PER-SHARE-NII> .67
<PER-SHARE-GAIN-APPREC> .15
<PER-SHARE-DIVIDEND> .67
<PER-SHARE-DISTRIBUTIONS> .14
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.89
<EXPENSE-RATIO> .16
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 142
<NAME> TOTAL RETURN ADVANTAGE FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 260057041
<INVESTMENTS-AT-VALUE> 258741353
<RECEIVABLES> 7742280
<ASSETS-OTHER> 10280
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 266493913
<PAYABLE-FOR-SECURITIES> 4310000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 770061
<TOTAL-LIABILITIES> 5080061
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 265939838
<SHARES-COMMON-STOCK> 221051
<SHARES-COMMON-PRIOR> 206613
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3210298)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1315688)
<NET-ASSETS> 2186227
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19095616
<OTHER-INCOME> 0
<EXPENSES-NET> 438194
<NET-INVESTMENT-INCOME> 18657422
<REALIZED-GAINS-CURRENT> (2903899)
<APPREC-INCREASE-CURRENT> 7849645
<NET-CHANGE-FROM-OPS> 23603168
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 136832
<DISTRIBUTIONS-OF-GAINS> 29704
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 803
<NUMBER-OF-SHARES-REDEEMED> 3023
<SHARES-REINVESTED> 16658
<NET-CHANGE-IN-ASSETS> (21027057)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3587571
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1530963
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1969157
<AVERAGE-NET-ASSETS> 2119630
<PER-SHARE-NAV-BEGIN> 9.87
<PER-SHARE-NII> .64
<PER-SHARE-GAIN-APPREC> .16
<PER-SHARE-DIVIDEND> .64
<PER-SHARE-DISTRIBUTIONS> .14
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.89
<EXPENSE-RATIO> .41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 151
<NAME> INTERMEDIATE GOVERNMENT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 90709107
<INVESTMENTS-AT-VALUE> 90812605
<RECEIVABLES> 927416
<ASSETS-OTHER> 6209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91746230
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 561397
<TOTAL-LIABILITIES> 561397
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91483046
<SHARES-COMMON-STOCK> 9098961
<SHARES-COMMON-PRIOR> 8908905
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (401711)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 103498
<NET-ASSETS> 91161439
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6095459
<OTHER-INCOME> 0
<EXPENSES-NET> 761359
<NET-INVESTMENT-INCOME> 5334100
<REALIZED-GAINS-CURRENT> (382742)
<APPREC-INCREASE-CURRENT> 1587049
<NET-CHANGE-FROM-OPS> 6538407
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5327828
<DISTRIBUTIONS-OF-GAINS> 751246
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1897212
<NUMBER-OF-SHARES-REDEEMED> 1717697
<SHARES-REINVESTED> 10541
<NET-CHANGE-IN-ASSETS> 2355686
<ACCUMULATED-NII-PRIOR> (5384)
<ACCUMULATED-GAINS-PRIOR> 732464
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 539562
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 877620
<AVERAGE-NET-ASSETS> 91341024
<PER-SHARE-NAV-BEGIN> 9.97
<PER-SHARE-NII> .59
<PER-SHARE-GAIN-APPREC> .13
<PER-SHARE-DIVIDEND> .59
<PER-SHARE-DISTRIBUTIONS> .08
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.02
<EXPENSE-RATIO> .83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 152
<NAME> INTERMEDIATE GOVERNMENT FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 90709107
<INVESTMENTS-AT-VALUE> 90812605
<RECEIVABLES> 927416
<ASSETS-OTHER> 6209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91746230
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 561397
<TOTAL-LIABILITIES> 561397
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91483046
<SHARES-COMMON-STOCK> 2335
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (401711)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 103498
<NET-ASSETS> 23394
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6095459
<OTHER-INCOME> 0
<EXPENSES-NET> 761359
<NET-INVESTMENT-INCOME> 5334100
<REALIZED-GAINS-CURRENT> (382742)
<APPREC-INCREASE-CURRENT> 1587049
<NET-CHANGE-FROM-OPS> 6538407
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 917
<DISTRIBUTIONS-OF-GAINS> 188
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4439
<NUMBER-OF-SHARES-REDEEMED> 2214
<SHARES-REINVESTED> 110
<NET-CHANGE-IN-ASSETS> 2355686
<ACCUMULATED-NII-PRIOR> (5384)
<ACCUMULATED-GAINS-PRIOR> 732464
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 539562
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 877620
<AVERAGE-NET-ASSETS> 22746
<PER-SHARE-NAV-BEGIN> 9.97
<PER-SHARE-NII> .41
<PER-SHARE-GAIN-APPREC> .13
<PER-SHARE-DIVIDEND> .41
<PER-SHARE-DISTRIBUTIONS> .08
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.02
<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> GNMA FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 71409368
<INVESTMENTS-AT-VALUE> 71581767
<RECEIVABLES> 530065
<ASSETS-OTHER> 6209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 72118041
<PAYABLE-FOR-SECURITIES> 7096250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 392167
<TOTAL-LIABILITIES> 7488417
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64378530
<SHARES-COMMON-STOCK> 6355180
<SHARES-COMMON-PRIOR> 6033136
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 78695
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 172399
<NET-ASSETS> 64501298
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4635569
<OTHER-INCOME> 0
<EXPENSES-NET> 545840
<NET-INVESTMENT-INCOME> 4089729
<REALIZED-GAINS-CURRENT> 78695
<APPREC-INCREASE-CURRENT> 1305734
<NET-CHANGE-FROM-OPS> 5474158
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4083432
<DISTRIBUTIONS-OF-GAINS> 636502
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1574235
<NUMBER-OF-SHARES-REDEEMED> 1263481
<SHARES-REINVESTED> 11290
<NET-CHANGE-IN-ASSETS> 4097324
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 637754
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 374304
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 638481
<AVERAGE-NET-ASSETS> 63363712
<PER-SHARE-NAV-BEGIN> 10.03
<PER-SHARE-NII> .65
<PER-SHARE-GAIN-APPREC> .22
<PER-SHARE-DIVIDEND> .65
<PER-SHARE-DISTRIBUTIONS> .10
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<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> GNMA FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 71409368
<INVESTMENTS-AT-VALUE> 71581767
<RECEIVABLES> 530065
<ASSETS-OTHER> 6209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 72118041
<PAYABLE-FOR-SECURITIES> 7096250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 392167
<TOTAL-LIABILITIES> 7488417
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64378530
<SHARES-COMMON-STOCK> 12644
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 78695
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 172399
<NET-ASSETS> 128326
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4635569
<OTHER-INCOME> 0
<EXPENSES-NET> 545840
<NET-INVESTMENT-INCOME> 4089729
<REALIZED-GAINS-CURRENT> 78695
<APPREC-INCREASE-CURRENT> 1305734
<NET-CHANGE-FROM-OPS> 5474158
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5486
<DISTRIBUTIONS-OF-GAINS> 1252
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16716
<NUMBER-OF-SHARES-REDEEMED> 4652
<SHARES-REINVESTED> 580
<NET-CHANGE-IN-ASSETS> 4097324
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 637754
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 374304
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 638481
<AVERAGE-NET-ASSETS> 123907
<PER-SHARE-NAV-BEGIN> 10.02
<PER-SHARE-NII> .45
<PER-SHARE-GAIN-APPREC> .23
<PER-SHARE-DIVIDEND> .45
<PER-SHARE-DISTRIBUTIONS> .10
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<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> PENNSYLVANIA TAX EXEMPT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 81411777
<INVESTMENTS-AT-VALUE> 81411777
<RECEIVABLES> 605623
<ASSETS-OTHER> 7207
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 82024607
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 318558
<TOTAL-LIABILITIES> 318558
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 81709250
<SHARES-COMMON-STOCK> 60879683
<SHARES-COMMON-PRIOR> 3843129
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3201)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 60876478
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2723881
<OTHER-INCOME> 0
<EXPENSES-NET> 313737
<NET-INVESTMENT-INCOME> 2410144
<REALIZED-GAINS-CURRENT> 26
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2410170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2146193
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 180573040
<NUMBER-OF-SHARES-REDEEMED> 188191480
<SHARES-REINVESTED> 22806
<NET-CHANGE-IN-ASSETS> 13233959
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 310147
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 552691
<AVERAGE-NET-ASSETS> 66215871
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 172
<NAME> PENNSYLVANIA TAX EXEMPT FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 81411777
<INVESTMENTS-AT-VALUE> 81411777
<RECEIVABLES> 605623
<ASSETS-OTHER> 7207
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 82024607
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 318558
<TOTAL-LIABILITIES> 318558
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 81709250
<SHARES-COMMON-STOCK> 20829567
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3201)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 20829571
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2723881
<OTHER-INCOME> 0
<EXPENSES-NET> 313737
<NET-INVESTMENT-INCOME> 2410144
<REALIZED-GAINS-CURRENT> 26
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2410170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 263951
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 59050127
<NUMBER-OF-SHARES-REDEEMED> 38272848
<SHARES-REINVESTED> 52228
<NET-CHANGE-IN-ASSETS> 13233959
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 310147
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 552691
<AVERAGE-NET-ASSETS> 11253561
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<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> 181
<NAME> PENNSYLVANIA MUNICIPAL FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 35654524
<INVESTMENTS-AT-VALUE> 36445765
<RECEIVABLES> 702519
<ASSETS-OTHER> 5925
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 37154209
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 304081
<TOTAL-LIABILITIES> 304081
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36020503
<SHARES-COMMON-STOCK> 3599156
<SHARES-COMMON-PRIOR> 3843129
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38384
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 791241
<NET-ASSETS> 36769200
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1947807
<OTHER-INCOME> 0
<EXPENSES-NET> 325253
<NET-INVESTMENT-INCOME> 1622554
<REALIZED-GAINS-CURRENT> 68280
<APPREC-INCREASE-CURRENT> 567567
<NET-CHANGE-FROM-OPS> 2258401
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1620035
<DISTRIBUTIONS-OF-GAINS> 111719
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 501185
<NUMBER-OF-SHARES-REDEEMED> 745498
<SHARES-REINVESTED> 340
<NET-CHANGE-IN-ASSETS> (1882945)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 82082
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 249850
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 380460
<AVERAGE-NET-ASSETS> 37229438
<PER-SHARE-NAV-BEGIN> 10.08
<PER-SHARE-NII> .44
<PER-SHARE-GAIN-APPREC> .17
<PER-SHARE-DIVIDEND> .22
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.22
<EXPENSE-RATIO> .87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
<NUMBER> 182
<NAME> PENNSYLVANIA MUNICIPAL FUND - RETAIL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 35654524
<INVESTMENTS-AT-VALUE> 36445765
<RECEIVABLES> 702519
<ASSETS-OTHER> 5925
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 37154209
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 304081
<TOTAL-LIABILITIES> 304081
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36020503
<SHARES-COMMON-STOCK> 7922
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38384
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 791241
<NET-ASSETS> 80928
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1947807
<OTHER-INCOME> 0
<EXPENSES-NET> 325253
<NET-INVESTMENT-INCOME> 1622554
<REALIZED-GAINS-CURRENT> 68280
<APPREC-INCREASE-CURRENT> 567567
<NET-CHANGE-FROM-OPS> 2258401
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2519
<DISTRIBUTIONS-OF-GAINS> 259
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9160
<NUMBER-OF-SHARES-REDEEMED> 1316
<SHARES-REINVESTED> 78
<NET-CHANGE-IN-ASSETS> (1882945)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 82082
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 249850
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 380460
<AVERAGE-NET-ASSETS> 82406
<PER-SHARE-NAV-BEGIN> 10.13
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> .12
<PER-SHARE-DIVIDEND> .22
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.22
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
