ARMADA FUNDS
NSAR-A, 1998-01-28
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<PAGE>      PAGE  1
000 A000000 11/30/97
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 N/A
002 B000000 OAKS
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002 D010000 19456
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 18
007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 GOVERNMENT MONEY MARKET FUND
007 C030200 N
007 C010300  3
007 C020300 TREASURY MONEY MARKET FUND
007 C030300 N
007 C010400  4
007 C020400 TAX-EXEMPT MONEY MARKET 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 INTERMEDIATE BOND 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 SMALL CAP VALUE 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 BOND FUND
007 C031500 N
007 C011600 16
007 C021600 GNMA FUND
007 C031600 N
007 C011700 17
007 C021700 PENNSYLVANIA TAX EXEMPT MONEY MARKET FUND
007 C031700 N
007 C011800 18
007 C021800 PENNSYLVANIA MUNICIPAL FUND
007 C031800 N
007 C011900 19
007 C021900 CORE EQUITY FUND
007 C031900 N
007 C012000 20
007 C022000 SMALL CAP GROWTH FUND
007 C032000 N
007 C012100 21
007 C022100 INTERNATIONAL EQUITY FUND
007 C032100 N
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
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007 C014300 43
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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055 A000300 N
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057  000300 N
058 A000300 N
059  000300 Y
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<PAGE>      PAGE  20
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064 A000300 N
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 N
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 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
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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008 A000401 NATIONAL CITY BANK
008 B000401 A
008 C000401 801-0000
008 D010401 CLEVELAND
008 D020401 OH
008 D030401 44114
008 A000402 DELETE
008 A000403 DELETE
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
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<PAGE>      PAGE  23
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032  000400      0
033  000400      0
034  000400 N
035  000400      0
036 B000400      0
037  000400 N
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039  000400 N
040  000400 Y
041  000400 Y
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042 E000400   0
042 F000400   0
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<PAGE>      PAGE  24
045  000400 Y
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055 A000400 N
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057  000400 N
058 A000400 N
059  000400 Y
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<PAGE>      PAGE  25
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064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 N
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
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
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070 R020400 N
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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008 A000801 NATIONAL CITY BANK
008 B000801 A
008 C000801 801-0000
008 D010801 CLEVELAND
008 D020801 OH
008 D030801 44114
008 A000802 DELETE
008 A000803 DELETE
015 A000801 NATIONAL CITY BANK
015 B000801 C
015 C010801 CLEVELAND
015 C020801 OH
015 C030801 44135
015 E030801 X
024  000800 N
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<PAGE>      PAGE  28
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037  000800 N
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039  000800 N
040  000800 Y
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047  000800 Y
<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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066 D000800 N
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067  000800 N
068 A000800 N
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070 A010800 Y
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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
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070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 Y
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070 N020800 N
070 O010800 Y
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070 R020800 N
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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008 A000901 NATIONAL CITY BANK
008 B000901 A
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008 D010901 CLEVELAND
008 D020901 OH
008 D030901 44114
008 A000902 DELETE
008 A000903 DELETE
015 A000901 NATIONAL CITY BANK
015 B000901 C
015 C010901 CLEVELAND
015 C020901 OH
015 C030901 44135
015 E030901 X
024  000900 N
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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064 B000900 N
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067  000900 N
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070 C020900 N
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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
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070 J020900 N
070 K010900 Y
070 K020900 Y
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070 L020900 Y
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070 M020900 N
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070 N020900 N
070 O010900 Y
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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008 A001001 NATIONAL CITY BANK
008 B001001 A
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008 D011001 CLEVELAND
008 D021001 OH
008 D031001 44114
008 A001002 DELETE
008 A001003 DELETE
015 A001001 NATIONAL CITY BANK
015 B001001 C
015 C011001 CLEVELAND
015 C021001 OH
015 C031001 44135
015 E031001 X
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025 D001015       0
025 D001016       0
025 D001017       0
025 D001018       0
025 D001019       0
025 D001020       0
<PAGE>      PAGE  38
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      1110
028 A021000         0
028 A031000         0
028 A041000      1725
028 B011000      1672
028 B021000        17
028 B031000         0
028 B041000      1885
028 C011000      2090
028 C021000        17
028 C031000         0
028 C041000       313
028 D011000      4516
028 D021000        18
028 D031000         0
028 D041000       655
028 E011000      2257
028 E021000        17
028 E031000         0
028 E041000      1289
028 F011000      4832
028 F021000        19
028 F031000         0
028 F041000       785
028 G011000     16477
028 G021000        88
028 G031000         0
028 G041000      6652
028 H001000       631
029  001000 Y
030 A001000      3
030 B001000  3.00
030 C001000  0.00
031 A001000      3
031 B001000      0
032  001000      0
033  001000      0
034  001000 N
035  001000      0
<PAGE>      PAGE  39
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     16
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
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
<PAGE>      PAGE  40
062 A001000 Y
062 B001000   0.0
062 C001000   0.0
062 D001000   0.0
062 E001000   4.7
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  92.0
062 P001000   0.0
062 Q001000   0.0
062 R001000   3.3
063 A001000   0
063 B001000  8.2
064 A001000 N
064 B001000 N
066 A001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 N
070 B011000 N
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 N
070 L021000 N
<PAGE>      PAGE  41
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     20421
071 B001000     12674
071 C001000     96089
071 D001000   13
072 A001000  6
072 B001000     2399
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000        0
072 G001000       49
072 H001000        0
072 I001000       19
072 J001000       10
072 K001000        0
072 L001000        3
072 M001000        1
072 N001000        1
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000        3
072 S001000        5
072 T001000       30
072 U001000        0
072 V001000        0
072 W001000        2
072 X001000      123
072 Y001000        0
072 Z001000     2276
072AA001000      196
072BB001000        0
072CC011000     1571
072CC021000        0
072DD011000     2191
072DD021000       85
072EE001000        0
073 A011000   0.2546
073 A021000   0.2537
<PAGE>      PAGE  42
073 B001000   0.0000
073 C001000   0.0000
074 A001000        0
074 B001000        0
074 C001000     5061
074 D001000    98056
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000     1774
074 J001000        0
074 K001000        0
074 L001000     2098
074 M001000        0
074 N001000   106989
074 O001000        0
074 P001000        0
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      407
074 S001000        0
074 T001000   106582
074 U011000     9266
074 U021000      370
074 V011000    11.06
074 V021000    11.02
074 W001000   0.0000
074 X001000      952
074 Y001000        0
075 A001000        0
075 B001000   103859
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 DELETE
008 A001103 DELETE
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
<PAGE>      PAGE  43
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      3016
028 A021100         0
028 A031100         0
028 A041100      1095
028 B011100      4797
028 B021100       369
028 B031100         0
028 B041100       892
028 C011100      4658
028 C021100         0
028 C031100         0
028 C041100      1597
028 D011100      7179
028 D021100         0
028 D031100         0
028 D041100       815
028 E011100      4076
028 E021100       413
028 E031100         0
028 E041100      1285
028 F011100      2987
028 F021100         0
028 F031100         0
028 F041100      1131
028 G011100     26713
028 G021100       782
028 G031100         0
028 G041100      6815
028 H001100       173
029  001100 Y
030 A001100      3
030 B001100  3.75
030 C001100  0.00
031 A001100      3
<PAGE>      PAGE  44
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     23
044  001100      0
045  001100 Y
046  001100 N
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
<PAGE>      PAGE  45
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
061  001100        0
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
063 A001100   0
063 B001100  0.0
066 A001100 Y
066 B001100 N
066 C001100 N
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
<PAGE>      PAGE  46
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     33434
071 B001100     16578
071 C001100    143544
071 D001100   12
072 A001100  6
072 B001100       68
072 C001100     2260
072 D001100        0
072 E001100        0
072 F001100      556
072 G001100       74
072 H001100        0
072 I001100       31
072 J001100       12
072 K001100        0
072 L001100        5
072 M001100        2
072 N001100       29
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100        6
072 S001100        5
072 T001100       41
072 U001100        2
072 V001100        0
072 W001100        5
072 X001100      768
072 Y001100        0
072 Z001100     1560
<PAGE>      PAGE  47
072AA001100     3807
072BB001100       83
072CC011100        0
072CC021100    12650
072DD011100     1510
072DD021100        4
072EE001100        0
073 A011100   0.1657
073 A021100   0.1469
073 B001100   0.0000
073 C001100   0.0000
074 A001100        0
074 B001100        0
074 C001100        0
074 D001100     3487
074 E001100     3855
074 F001100   152074
074 G001100        0
074 H001100        0
074 I001100     5601
074 J001100        0
074 K001100        0
074 L001100      684
074 M001100       12
074 N001100   165713
074 O001100        0
074 P001100       92
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100      977
074 S001100        0
074 T001100   164644
074 U011100     9796
074 U021100       45
074 V011100    16.73
074 V021100    16.72
074 W001100   0.0000
074 X001100     3824
074 Y001100        0
075 A001100        0
075 B001100   160650
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 DELETE
<PAGE>      PAGE  48
008 A001203 DELETE
015 A001201 NATIONAL CITY BANK
015 B001201 C
015 C011201 CLEVELAND
015 C021201 OH
015 C031201 44135
015 E031201 X
024  001200 N
025 A001201 DELETE
025 D001201       0
025 A001202 DELETE
025 D001202       0
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200      7730
028 A021200         0
028 A031200         0
028 A041200      1583
028 B011200      6159
028 B021200         0
028 B031200         0
028 B041200      2655
028 C011200      4349
028 C021200         0
028 C031200         0
028 C041200      2257
028 D011200     12328
028 D021200         0
028 D031200         0
028 D041200      1522
028 E011200      8499
028 E021200         0
028 E031200         0
028 E041200      2013
028 F011200      7413
028 F021200         0
028 F031200         0
028 F041200      6267
028 G011200     46478
028 G021200         0
028 G031200         0
028 G041200     16297
028 H001200      1406
029  001200 Y
030 A001200     37
030 B001200  3.75
030 C001200  0.00
<PAGE>      PAGE  49
031 A001200     37
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
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     38
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
<PAGE>      PAGE  50
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
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
<PAGE>      PAGE  51
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
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    150495
071 B001200    124200
071 C001200    238862
071 D001200   52
072 A001200  6
072 B001200      214
072 C001200     1518
072 D001200        0
072 E001200        0
072 F001200      936
072 G001200      119
072 H001200        0
072 I001200       31
072 J001200       18
072 K001200        0
072 L001200        2
072 M001200        3
072 N001200       22
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        6
072 S001200        9
072 T001200       72
072 U001200        2
072 V001200        0
072 W001200        2
072 X001200     1222
072 Y001200        0
<PAGE>      PAGE  52
072 Z001200      510
072AA001200    31580
072BB001200     2537
072CC011200    10007
072CC021200        0
072DD011200        0
072DD021200        0
072EE001200        0
073 A011200   0.0000
073 A021200   0.0000
073 B001200   0.0000
073 C001200   0.0000
074 A001200        0
074 B001200        0
074 C001200        0
074 D001200        0
074 E001200     4061
074 F001200   257801
074 G001200        0
074 H001200        0
074 I001200     6973
074 J001200     5212
074 K001200        0
074 L001200      502
074 M001200       11
074 N001200   274560
074 O001200      284
074 P001200        0
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200      294
074 S001200        0
074 T001200   273982
074 U011200    14812
074 U021200      430
074 V011200    17.98
074 V021200    17.73
074 W001200   0.0000
074 X001200     5092
074 Y001200        0
075 A001200        0
075 B001200   274399
076  001200     0.00
008 A001301 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001301 A
008 C001301 801-0000
008 D011301 LOUISVILLE
008 D021301 KY
008 D031301 40202
<PAGE>      PAGE  53
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
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      3412
028 A021300         0
028 A031300         0
028 A041300      6455
028 B011300      1321
028 B021300       201
028 B031300         0
028 B041300      1745
028 C011300      8129
028 C021300       203
028 C031300         0
028 C041300       968
028 D011300      8991
028 D021300        47
028 D031300         0
028 D041300      4431
028 E011300      7702
028 E021300       204
028 E031300         0
028 E041300      3703
028 F011300      1695
028 F021300       223
028 F031300         0
<PAGE>      PAGE  54
028 F041300      5952
028 G011300     31250
028 G021300       878
028 G031300         0
028 G041300     23254
028 H001300      1419
029  001300 Y
030 A001300      0
030 B001300  2.75
030 C001300  0.00
031 A001300      0
031 B001300      0
032  001300      0
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
037  001300 N
038  001300      0
039  001300 N
040  001300 Y
041  001300 N
042 A001300   0
042 B001300   0
042 C001300   0
042 D001300   0
042 E001300   0
042 F001300   0
042 G001300   0
042 H001300   0
043  001300      0
044  001300      0
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.450
048 A011300        0
048 A021300 0.000
048 B011300        0
048 B021300 0.000
048 C011300        0
048 C021300 0.000
048 D011300        0
048 D021300 0.000
048 E011300        0
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
048 G021300 0.000
048 H011300        0
<PAGE>      PAGE  55
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300        0
048 K021300 0.000
055 A001300 N
055 B001300 N
056  001300 Y
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 Y
060 B001300 Y
061  001300        0
062 A001300 Y
062 B001300  14.8
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   2.1
062 M001300  26.2
062 N001300   2.6
062 O001300   0.0
062 P001300  11.2
062 Q001300  42.4
062 R001300   0.7
063 A001300   0
063 B001300  3.6
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
<PAGE>      PAGE  56
070 E011300 Y
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300     45146
071 B001300     31708
071 C001300     65732
071 D001300   48
072 A001300  6
072 B001300     2084
072 C001300        0
072 D001300        0
072 E001300        0
072 F001300        0
072 G001300       34
072 H001300        0
072 I001300       15
072 J001300        7
072 K001300        0
072 L001300        0
072 M001300        1
072 N001300        9
072 O001300        0
072 P001300        0
072 Q001300        0
072 R001300        4
072 S001300        1
<PAGE>      PAGE  57
072 T001300        6
072 U001300        2
072 V001300        0
072 W001300        7
072 X001300       86
072 Y001300        0
072 Z001300     1998
072AA001300       93
072BB001300       23
072CC011300      324
072CC021300        0
072DD011300     1933
072DD021300       65
072EE001300        0
073 A011300   0.2953
073 A021300   0.2908
073 B001300   0.0000
073 C001300   0.0000
074 A001300        0
074 B001300        0
074 C001300    12217
074 D001300    59624
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300        0
074 J001300      254
074 K001300        0
074 L001300      698
074 M001300       12
074 N001300    72805
074 O001300        0
074 P001300        0
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      454
074 S001300        0
074 T001300    72351
074 U011300     6961
074 U021300      239
074 V011300    10.05
074 V021300    10.06
074 W001300   0.0000
074 X001300      488
074 Y001300        0
075 A001300        0
075 B001300    76354
076  001300     0.00
<PAGE>      PAGE  58
008 A001401 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001401 A
008 C001401 801-0000
008 D011401 LOUISVILLE
008 D021401 KY
008 D031401 40202
008 A001404 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001404 A
008 C001404 801-0000
008 D011404 LOUISVILLE
008 D021404 KY
008 D031404 40202
015 A001401 NATIONAL CITY BANK
015 B001401 C
015 C011401 CLEVELAND
015 C021401 OH
015 C031401 44135
015 E031401 X
015 A001402 UNION BANK OF CALIFORNIA
015 B001402 S
015 C011402 SAN FRANCISCO
015 C021402 CA
015 C031402 94111
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      6697
028 A021400         0
028 A031400         0
028 A041400      1533
028 B011400      5128
028 B021400       810
028 B031400         0
028 B041400      2347
028 C011400      4795
028 C021400       856
028 C031400         0
028 C041400      3504
028 D011400      5862
028 D021400       852
028 D031400         0
028 D041400      7837
<PAGE>      PAGE  59
028 E011400      7885
028 E021400        35
028 E031400         0
028 E041400      1154
028 F011400      2061
028 F021400       896
028 F031400         0
028 F041400      4775
028 G011400     32428
028 G021400      3449
028 G031400         0
028 G041400     21150
028 H001400         3
029  001400 Y
030 A001400      0
030 B001400  3.75
030 C001400  0.00
031 A001400      0
031 B001400      0
032  001400      0
033  001400      0
034  001400 N
035  001400      0
036 B001400      0
037  001400 N
038  001400      0
039  001400 N
040  001400 Y
041  001400 N
042 A001400   0
042 B001400   0
042 C001400   0
042 D001400   0
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400   0
043  001400      0
044  001400      0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.550
048 A011400        0
048 A021400 0.000
048 B011400        0
048 B021400 0.000
048 C011400        0
048 C021400 0.000
048 D011400        0
048 D021400 0.000
<PAGE>      PAGE  60
048 E011400        0
048 E021400 0.000
048 F011400        0
048 F021400 0.000
048 G011400        0
048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400        0
048 K021400 0.000
055 A001400 N
055 B001400 N
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400        0
062 A001400 Y
062 B001400   0.0
062 C001400   0.0
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   0.1
062 M001400  25.8
062 N001400   1.2
062 O001400   0.0
062 P001400  31.6
062 Q001400  40.0
062 R001400   1.3
063 A001400   0
063 B001400 11.8
064 A001400 N
064 B001400 N
066 A001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
<PAGE>      PAGE  61
070 A021400 N
070 B011400 N
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 Y
070 L021400 Y
070 M011400 Y
070 M021400 N
070 N011400 Y
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    248242
071 B001400    221448
071 C001400    271719
071 D001400   81
072 A001400  6
072 B001400     9295
072 C001400        0
072 D001400        0
072 E001400        0
072 F001400        0
072 G001400      129
072 H001400        0
072 I001400       21
072 J001400       19
072 K001400        0
072 L001400        3
<PAGE>      PAGE  62
072 M001400        3
072 N001400        3
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400        6
072 S001400        6
072 T001400       31
072 U001400        2
072 V001400        0
072 W001400       11
072 X001400      234
072 Y001400        0
072 Z001400     9061
072AA001400     2471
072BB001400      997
072CC011400     6193
072CC021400        0
072DD011400     8990
072DD021400       71
072EE001400        0
073 A011400   0.3307
073 A021400   0.3180
073 B001400   0.0000
073 C001400   0.0000
074 A001400        0
074 B001400        0
074 C001400      327
074 D001400   279832
074 E001400        0
074 F001400        0
074 G001400        0
074 H001400        0
074 I001400     1860
074 J001400        0
074 K001400        0
074 L001400     3450
074 M001400       11
074 N001400   285480
074 O001400        0
074 P001400        0
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400     1671
074 S001400        0
074 T001400   283809
074 U011400    27656
074 U021400      224
074 V011400    10.18
<PAGE>      PAGE  63
074 V021400    10.18
074 W001400   0.0000
074 X001400     1103
074 Y001400        0
075 A001400        0
075 B001400   276582
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 DELETE
008 A001503 DELETE
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 E
025 D001501    1491
025 D001502       0
025 D001503       0
025 D001504       0
025 D001505       0
025 D001506       0
025 D001507       0
025 D001508       0
028 A011500      1368
028 A021500         0
028 A031500         0
028 A041500      1037
028 B011500      1249
028 B021500         7
028 B031500         0
028 B041500      1074
028 C011500      4631
028 C021500         7
028 C031500         0
028 C041500      1297
028 D011500       708
028 D021500         6
028 D031500         0
028 D041500      1297
028 E011500       491
028 E021500         6
<PAGE>      PAGE  64
028 E031500         0
028 E041500      1937
028 F011500       866
028 F021500         7
028 F031500         0
028 F041500      1747
028 G011500      9313
028 G021500        33
028 G031500         0
028 G041500      8389
028 H001500         2
029  001500 Y
030 A001500      1
030 B001500  3.75
030 C001500  0.00
031 A001500      1
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     21
044  001500      0
045  001500 Y
046  001500 N
047  001500 Y
048  001500  0.550
048 A011500        0
048 A021500 0.000
048 B011500        0
048 B021500 0.000
048 C011500        0
048 C021500 0.000
048 D011500        0
048 D021500 0.000
048 E011500        0
048 E021500 0.000
<PAGE>      PAGE  65
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
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   2.0
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  28.0
062 N001500  33.2
062 O001500   0.0
062 P001500   0.0
062 Q001500  35.3
062 R001500   1.5
063 A001500   0
063 B001500  6.3
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
<PAGE>      PAGE  66
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
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     90027
071 B001500     82284
071 C001500     91079
071 D001500   90
072 A001500  6
072 B001500     3179
072 C001500        0
072 D001500        0
072 E001500        0
072 F001500      260
072 G001500       47
072 H001500        0
072 I001500       12
072 J001500       10
072 K001500        0
072 L001500        0
072 M001500        1
072 N001500        6
<PAGE>      PAGE  67
072 O001500        0
072 P001500        0
072 Q001500        0
072 R001500        2
072 S001500        2
072 T001500       27
072 U001500        2
072 V001500        0
072 W001500       14
072 X001500      383
072 Y001500        0
072 Z001500     2796
072AA001500      459
072BB001500      152
072CC011500     1232
072CC021500        0
072DD011500     2795
072DD021500        1
072EE001500        0
073 A011500   0.3008
073 A021500   0.2884
073 B001500   0.0000
073 C001500   0.0000
074 A001500        0
074 B001500        0
074 C001500     1861
074 D001500    90426
074 E001500        0
074 F001500        0
074 G001500        0
074 H001500        0
074 I001500     1491
074 J001500        0
074 K001500        0
074 L001500      903
074 M001500        5
074 N001500    94686
074 O001500        0
074 P001500       55
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        0
074 R041500      950
074 S001500        0
074 T001500    93681
074 U011500     9196
074 U021500        4
074 V011500    10.18
074 V021500    10.18
074 W001500   0.0000
<PAGE>      PAGE  68
074 X001500     2796
074 Y001500        0
075 A001500        0
075 B001500    94570
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 DELETE
008 A001603 DELETE
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    3160
025 D001602       0
025 D001603       0
025 D001604       0
025 D001605       0
025 D001606       0
025 D001607       0
025 D001608       0
028 A011600      2125
028 A021600         0
028 A031600         0
028 A041600       616
028 B011600       860
028 B021600        10
028 B031600         0
028 B041600       902
028 C011600      1711
028 C021600        10
028 C031600         0
028 C041600      1100
028 D011600      1144
028 D021600         9
028 D031600         0
028 D041600       612
028 E011600       983
028 E021600         9
028 E031600         0
028 E041600      1493
<PAGE>      PAGE  69
028 F011600      2509
028 F021600        11
028 F031600         0
028 F041600      1271
028 G011600      9332
028 G021600        49
028 G031600         0
028 G041600      5994
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     11
044  001600      0
045  001600 Y
046  001600 N
047  001600 Y
048  001600  0.550
048 A011600        0
048 A021600 0.000
048 B011600        0
048 B021600 0.000
048 C011600        0
048 C021600 0.000
048 D011600        0
048 D021600 0.000
048 E011600        0
048 E021600 0.000
048 F011600        0
048 F021600 0.000
<PAGE>      PAGE  70
048 G011600        0
048 G021600 0.000
048 H011600        0
048 H021600 0.000
048 I011600        0
048 I021600 0.000
048 J011600        0
048 J021600 0.000
048 K011600        0
048 K021600 0.000
055 A001600 Y
055 B001600 N
056  001600 Y
057  001600 N
058 A001600 N
059  001600 Y
060 A001600 Y
060 B001600 Y
061  001600        0
062 A001600 Y
062 B001600   0.0
062 C001600   0.0
062 D001600   0.0
062 E001600   0.0
062 F001600   0.0
062 G001600   0.0
062 H001600   0.0
062 I001600   0.0
062 J001600   0.0
062 K001600   0.0
062 L001600   0.0
062 M001600   2.5
062 N001600  85.4
062 O001600   0.0
062 P001600   0.0
062 Q001600   7.9
062 R001600   4.2
063 A001600   0
063 B001600 10.5
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
<PAGE>      PAGE  71
070 C021600 N
070 D011600 N
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 N
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 Y
070 I021600 N
070 J011600 N
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 N
070 L021600 N
070 M011600 N
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 Y
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 Y
070 R021600 N
071 A001600     99182
071 B001600     48705
071 C001600     66932
071 D001600   73
072 A001600  6
072 B001600     2326
072 C001600        0
072 D001600        0
072 E001600        0
072 F001600      187
072 G001600       34
072 H001600        0
072 I001600        6
072 J001600        8
072 K001600        0
072 L001600        0
072 M001600        1
072 N001600        7
072 O001600        0
072 P001600        0
<PAGE>      PAGE  72
072 Q001600        0
072 R001600        1
072 S001600        0
072 T001600       20
072 U001600        2
072 V001600        0
072 W001600       22
072 X001600      288
072 Y001600        0
072 Z001600     2038
072AA001600      653
072BB001600       25
072CC011600      859
072CC021600        0
072DD011600     2034
072DD021600        4
072EE001600        0
073 A011600   0.3095
073 A021600   0.2966
073 B001600   0.0000
073 C001600   0.0000
074 A001600        0
074 B001600        0
074 C001600        0
074 D001600    66542
074 E001600        0
074 F001600        0
074 G001600        0
074 H001600        0
074 I001600     3160
074 J001600        0
074 K001600        0
074 L001600      513
074 M001600        4
074 N001600    70219
074 O001600        0
074 P001600       37
074 Q001600        0
074 R011600        0
074 R021600        0
074 R031600        0
074 R041600      678
074 S001600        0
074 T001600    69504
074 U011600     6685
074 U021600       13
074 V011600    10.38
074 V021600    10.38
074 W001600   0.0000
074 X001600     2922
074 Y001600        0
<PAGE>      PAGE  73
075 A001600        0
075 B001600    68924
076  001600     0.00
008 A001701 NATIONAL CITY BANK
008 B001701 A
008 C001701 801-0000
008 D011701 CLEVELAND
008 D021701 OH
008 D031701 44114
008 A001702 DELETE
008 A001703 DELETE
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     16968
028 A021700        13
028 A031700         0
028 A041700     18194
028 B011700     18918
028 B021700        19
028 B031700         0
028 B041700     19250
028 C011700     62738
028 C021700        18
028 C031700         0
028 C041700     60578
028 D011700     23650
028 D021700        17
028 D031700         0
028 D041700     22117
028 E011700     26300
028 E021700        16
028 E031700         0
<PAGE>      PAGE  74
028 E041700     11626
028 F011700     18401
028 F021700        18
028 F031700         0
028 F041700     16958
028 G011700    166975
028 G021700       101
028 G031700         0
028 G041700    148723
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     13
044  001700      0
045  001700 Y
046  001700 N
047  001700 Y
048  001700  0.400
048 A011700        0
048 A021700 0.000
048 B011700        0
048 B021700 0.000
048 C011700        0
048 C021700 0.000
048 D011700        0
048 D021700 0.000
048 E011700        0
048 E021700 0.000
048 F011700        0
<PAGE>      PAGE  75
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 Y
060 B001700 Y
061  001700        0
062 A001700 Y
062 B001700   0.0
062 C001700   0.0
062 D001700   0.0
062 E001700  99.2
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   0.8
063 A001700  35
063 B001700  0.0
064 A001700 Y
064 B001700 N
066 A001700 N
067  001700 N
068 A001700 N
068 B001700 N
069  001700 N
070 A011700 Y
070 A021700 N
070 B011700 N
070 B021700 N
<PAGE>      PAGE  76
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  6
072 B001700     1653
072 C001700        0
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072 E001700        0
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072 G001700       18
072 H001700        0
072 I001700       26
072 J001700        9
072 K001700        0
072 L001700        4
072 M001700        1
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<PAGE>      PAGE  77
072 P001700        0
072 Q001700        0
072 R001700        3
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072 V001700        0
072 W001700        9
072 X001700      164
072 Y001700        0
072 Z001700     1489
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072DD021700      365
072EE001700        0
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073 A021700   0.0166
073 B001700   0.0000
073 C001700   0.0000
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074 C001700    99285
074 D001700        0
074 E001700        0
074 F001700        0
074 G001700        0
074 H001700        0
074 I001700     1440
074 J001700        0
074 K001700        0
074 L001700      664
074 M001700        5
074 N001700   101394
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074 W001700   0.9999
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<PAGE>      PAGE  78
074 Y001700        0
075 A001700    99516
075 B001700        0
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008 A001801 NATIONAL CITY BANK
008 B001801 A
008 C001801 801-0000
008 D011801 CLEVELAND
008 D021801 OH
008 D031801 44114
008 A001802 DELETE
008 A001803 DELETE
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
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028 E011800       770
028 E021800         1
<PAGE>      PAGE  79
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028 G011800      3357
028 G021800         6
028 G031800         0
028 G041800      3438
028 H001800         1
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
042 H001800 100
043  001800      0
044  001800      0
045  001800 Y
046  001800 N
047  001800 Y
048  001800  0.550
048 A011800        0
048 A021800 0.000
048 B011800        0
048 B021800 0.000
048 C011800        0
048 C021800 0.000
048 D011800        0
048 D021800 0.000
048 E011800        0
048 E021800 0.000
<PAGE>      PAGE  80
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   3.4
062 F001800   0.0
062 G001800   0.0
062 H001800   0.0
062 I001800   0.0
062 J001800   0.0
062 K001800   0.0
062 L001800   0.0
062 M001800   0.0
062 N001800   0.0
062 O001800  93.7
062 P001800   0.0
062 Q001800   0.0
062 R001800   2.9
063 A001800   0
063 B001800  6.5
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
<PAGE>      PAGE  81
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      4900
071 B001800      5598
071 C001800     36269
071 D001800   14
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072 G001800       19
072 H001800        0
072 I001800        6
072 J001800        4
072 K001800        0
072 L001800        1
072 M001800        1
072 N001800        4
<PAGE>      PAGE  82
072 O001800        0
072 P001800        0
072 Q001800        0
072 R001800        3
072 S001800        1
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072 U001800        2
072 V001800        0
072 W001800        8
072 X001800      156
072 Y001800        0
072 Z001800      798
072AA001800        1
072BB001800        0
072CC011800      621
072CC021800        0
072DD011800      796
072DD021800        2
072EE001800        0
073 A011800   0.2208
073 A021800   0.2154
073 B001800   0.0000
073 C001800   0.0000
074 A001800        0
074 B001800        0
074 C001800     1282
074 D001800    35039
074 E001800        0
074 F001800        0
074 G001800        0
074 H001800        0
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074 J001800        0
074 K001800        0
074 L001800      622
074 M001800        4
074 N001800    37663
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074 R041800      266
074 S001800        0
074 T001800    37397
074 U011800     3593
074 U021800        8
074 V011800    10.39
074 V021800    10.39
074 W001800   0.0000
<PAGE>      PAGE  83
074 X001800      397
074 Y001800        0
075 A001800        0
075 B001800    37250
076  001800     0.00
008 A001901 NATIONAL ASSET MANAGEMENT CORPORATION
008 B001901 A
008 C001901 801-0000
008 D011901 LOUISVILLE
008 D021901 KY
008 D031901 40202
015 A001901 NATIONAL CITY BANK
015 B001901 C
015 C011901 CLEVELAND
015 C021901 OH
015 C031901 44135
015 E031901 X
024  001900 Y
025 A001901 GOLDMAN SACHS
025 B001901 13-5108880
025 C001901 E
025 D001901     383
025 D001902       0
025 D001903       0
025 D001904       0
025 D001905       0
025 D001906       0
025 D001907       0
025 D001908       0
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028 D041900         3
028 E011900        10
028 E021900       224
028 E031900         0
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<PAGE>      PAGE  84
028 F031900         0
028 F041900         3
028 G011900    104929
028 G021900       224
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028 G041900         6
028 H001900        79
029  001900 Y
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030 B001900  3.75
030 C001900  0.00
031 A001900      0
031 B001900      0
032  001900      0
033  001900      0
034  001900 N
035  001900      0
036 B001900      0
037  001900 N
038  001900      0
039  001900 N
040  001900 Y
041  001900 Y
042 A001900   0
042 B001900   0
042 C001900   0
042 D001900   0
042 E001900   0
042 F001900   0
042 G001900   0
042 H001900 100
043  001900      4
044  001900      0
045  001900 Y
046  001900 N
047  001900 Y
048  001900  0.750
048 A011900        0
048 A021900 0.000
048 B011900        0
048 B021900 0.000
048 C011900        0
048 C021900 0.000
048 D011900        0
048 D021900 0.000
048 E011900        0
048 E021900 0.000
048 F011900        0
048 F021900 0.000
048 G011900        0
048 G021900 0.000
<PAGE>      PAGE  85
048 H011900        0
048 H021900 0.000
048 I011900        0
048 I021900 0.000
048 J011900        0
048 J021900 0.000
048 K011900        0
048 K021900 0.000
055 A001900 N
055 B001900 N
056  001900 Y
057  001900 N
058 A001900 N
059  001900 Y
060 A001900 Y
060 B001900 Y
061  001900        0
062 A001900 N
062 B001900   0.0
062 C001900   0.0
062 D001900   0.0
062 E001900   0.0
062 F001900   0.0
062 G001900   0.0
062 H001900   0.0
062 I001900   0.0
062 J001900   0.0
062 K001900   0.0
062 L001900   0.0
062 M001900   0.0
062 N001900   0.0
062 O001900   0.0
062 P001900   0.0
062 Q001900   0.0
062 R001900   0.0
063 A001900   0
063 B001900  0.0
066 A001900 Y
066 B001900 N
066 C001900 N
066 D001900 N
066 E001900 N
066 F001900 N
066 G001900 Y
067  001900 N
068 A001900 N
068 B001900 N
069  001900 N
070 A011900 Y
070 A021900 N
070 B011900 Y
<PAGE>      PAGE  86
070 B021900 N
070 C011900 N
070 C021900 N
070 D011900 Y
070 D021900 N
070 E011900 N
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 Y
070 H021900 N
070 I011900 N
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 Y
070 L011900 Y
070 L021900 N
070 M011900 N
070 M021900 N
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 Y
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
071 A001900    121704
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072 H001900        0
072 I001900        9
072 J001900        7
072 K001900        0
072 L001900        1
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<PAGE>      PAGE  87
072 O001900        0
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072 S001900        3
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072 X001900      268
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072AA001900      776
072BB001900      784
072CC011900       71
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072DD011900        0
072DD021900        0
072EE001900        0
073 A011900   0.0214
073 A021900   0.0211
073 B001900   0.0000
073 C001900   0.0000
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074 B001900        0
074 C001900        0
074 D001900     1411
074 E001900        0
074 F001900   103418
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074 N001900   105531
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074 T001900   105281
074 U011900    10507
074 U021900        8
074 V011900    10.01
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<PAGE>      PAGE  88
074 X001900       41
074 Y001900        0
075 A001900        0
075 B001900   103615
076  001900     0.00
008 A002001 NATIONAL CITY BANK
008 B002001 A
008 C002001 801-0000
008 D012001 CLEVELAND
008 D022001 OH
008 D032001 44114
008 A002002 WELLINGTON MANAGEMENT COMPANY, LLP
008 B002002 S
008 C002002 801-0000
008 D012002 BOSTON
008 D022002 MA
008 D032002 02109
015 A002001 NATIONAL CITY BANK
015 B002001 C
015 C012001 CLEVELAND
015 C022001 OH
015 C032001 44135
015 E032001 X
024  002000 Y
025 A002001 GOLDMAN SACHS
025 B002001 13-5108880
025 C002001 E
025 D002001       1
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025 D002005       0
025 D002006       0
025 D002007       0
025 D002008       0
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<PAGE>      PAGE  89
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030 B002000  3.75
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032  002000      0
033  002000      0
034  002000 N
035  002000      0
036 B002000      0
037  002000 N
038  002000      0
039  002000 N
040  002000 Y
041  002000 Y
042 A002000   0
042 B002000   0
042 C002000   0
042 D002000   0
042 E002000   0
042 F002000   0
042 G002000   0
042 H002000 100
043  002000      1
044  002000      0
045  002000 Y
046  002000 N
047  002000 Y
048  002000  0.750
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048 A022000 0.000
048 B012000        0
048 B022000 0.000
048 C012000        0
048 C022000 0.000
048 D012000        0
048 D022000 0.000
<PAGE>      PAGE  90
048 E012000        0
048 E022000 0.000
048 F012000        0
048 F022000 0.000
048 G012000        0
048 G022000 0.000
048 H012000        0
048 H022000 0.000
048 I012000        0
048 I022000 0.000
048 J012000        0
048 J022000 0.000
048 K012000        0
048 K022000 0.000
055 A002000 Y
055 B002000 N
056  002000 Y
057  002000 N
058 A002000 N
059  002000 Y
060 A002000 Y
060 B002000 Y
061  002000        0
062 A002000 N
062 B002000   0.0
062 C002000   0.0
062 D002000   0.0
062 E002000   0.0
062 F002000   0.0
062 G002000   0.0
062 H002000   0.0
062 I002000   0.0
062 J002000   0.0
062 K002000   0.0
062 L002000   0.0
062 M002000   0.0
062 N002000   0.0
062 O002000   0.0
062 P002000   0.0
062 Q002000   0.0
062 R002000   0.0
063 A002000   0
063 B002000  0.0
066 A002000 Y
066 B002000 N
066 C002000 Y
066 D002000 N
066 E002000 N
066 F002000 N
066 G002000 N
067  002000 N
<PAGE>      PAGE  91
068 A002000 N
068 B002000 N
069  002000 N
070 A012000 Y
070 A022000 Y
070 B012000 Y
070 B022000 N
070 C012000 N
070 C022000 N
070 D012000 Y
070 D022000 N
070 E012000 N
070 E022000 N
070 F012000 Y
070 F022000 N
070 G012000 Y
070 G022000 N
070 H012000 Y
070 H022000 N
070 I012000 N
070 I022000 N
070 J012000 Y
070 J022000 N
070 K012000 Y
070 K022000 Y
070 L012000 Y
070 L022000 N
070 M012000 N
070 M022000 N
070 N012000 Y
070 N022000 N
070 O012000 Y
070 O022000 N
070 P012000 Y
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 N
070 R022000 N
071 A002000     30009
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<PAGE>      PAGE  92
072 I002000        4
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072 V002000        0
072 W002000        0
072 X002000       84
072 Y002000        0
072 Z002000       27
072AA002000      152
072BB002000       34
072CC012000      751
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072DD012000        0
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072EE002000        0
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073 C002000   0.0000
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<PAGE>      PAGE  93
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074 W002000   0.0000
074 X002000      367
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075 A002000        0
075 B002000    30263
076  002000     0.00
008 A002101 NATIONAL CITY BANK
008 B002101 A
008 C002101 801-0000
008 D012101 CLEVELAND
008 D022101 OH
008 D032101 44114
015 A002101 UNION BANK OF CALIFORNIA
015 B002101 S
015 C012101 SAN FRANCISCO
015 C022101 CA
015 C032101 94111
015 E032101 X
015 A002102 NATIONAL CITY BANK
015 B002102 C
015 C012102 CLEVELAND
015 C022102 OH
015 C032102 44135
015 E032102 X
024  002100 Y
025 A002101 GOLDMAN SACHS
025 B002101 13-5108880
025 C002101 E
025 D002101    3406
025 D002102       0
025 D002103       0
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025 D002106       0
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028 C012100     84701
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<PAGE>      PAGE  94
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028 G042100       489
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030 B002100  3.75
030 C002100  0.00
031 A002100      0
031 B002100      0
032  002100      0
033  002100      0
034  002100 N
035  002100      0
036 B002100      0
037  002100 N
038  002100      0
039  002100 N
040  002100 Y
041  002100 Y
042 A002100   0
042 B002100   0
042 C002100   0
042 D002100   0
042 E002100   0
042 F002100   0
042 G002100   0
042 H002100 100
043  002100      4
044  002100      0
045  002100 Y
046  002100 N
047  002100 Y
048  002100  0.750
048 A012100        0
048 A022100 0.000
<PAGE>      PAGE  95
048 B012100        0
048 B022100 0.000
048 C012100        0
048 C022100 0.000
048 D012100        0
048 D022100 0.000
048 E012100        0
048 E022100 0.000
048 F012100        0
048 F022100 0.000
048 G012100        0
048 G022100 0.000
048 H012100        0
048 H022100 0.000
048 I012100        0
048 I022100 0.000
048 J012100        0
048 J022100 0.000
048 K012100        0
048 K022100 0.000
055 A002100 N
055 B002100 N
056  002100 Y
057  002100 N
058 A002100 N
059  002100 Y
060 A002100 Y
060 B002100 Y
061  002100        0
062 A002100 N
062 B002100   0.0
062 C002100   0.0
062 D002100   0.0
062 E002100   0.0
062 F002100   0.0
062 G002100   0.0
062 H002100   0.0
062 I002100   0.0
062 J002100   0.0
062 K002100   0.0
062 L002100   0.0
062 M002100   0.0
062 N002100   0.0
062 O002100   0.0
062 P002100   0.0
062 Q002100   0.0
062 R002100   0.0
063 A002100   0
063 B002100  0.0
066 A002100 Y
066 B002100 N
<PAGE>      PAGE  96
066 C002100 N
066 D002100 Y
066 E002100 N
066 F002100 N
066 G002100 N
067  002100 N
068 A002100 N
068 B002100 Y
069  002100 N
070 A012100 Y
070 A022100 N
070 B012100 Y
070 B022100 N
070 C012100 N
070 C022100 N
070 D012100 Y
070 D022100 N
070 E012100 N
070 E022100 N
070 F012100 Y
070 F022100 N
070 G012100 Y
070 G022100 N
070 H012100 Y
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 Y
070 J022100 N
070 K012100 Y
070 K022100 Y
070 L012100 Y
070 L022100 Y
070 M012100 N
070 M022100 N
070 N012100 Y
070 N022100 N
070 O012100 Y
070 O022100 N
070 P012100 Y
070 P022100 N
070 Q012100 N
070 Q022100 N
070 R012100 N
070 R022100 N
071 A002100    105606
071 B002100     12377
071 C002100     80685
071 D002100   15
072 A002100  4
072 B002100      120
<PAGE>      PAGE  97
072 C002100      365
072 D002100        0
072 E002100        0
072 F002100      160
072 G002100        0
072 H002100        0
072 I002100        9
072 J002100       60
072 K002100        0
072 L002100        1
072 M002100        1
072 N002100       20
072 O002100        0
072 P002100        0
072 Q002100        0
072 R002100        2
072 S002100        2
072 T002100       17
072 U002100        0
072 V002100        0
072 W002100        3
072 X002100      275
072 Y002100        0
072 Z002100      209
072AA002100     1039
072BB002100     3037
072CC012100        0
072CC022100     4893
072DD012100        0
072DD022100        0
072EE002100        0
073 A012100   0.0000
073 A022100   0.0000
073 B002100   0.0000
073 C002100   0.0000
074 A002100        0
074 B002100        0
074 C002100        0
074 D002100        0
074 E002100      277
074 F002100    84615
074 G002100        0
074 H002100        0
074 I002100     4881
074 J002100        0
074 K002100        0
074 L002100      188
074 M002100        0
074 N002100    89961
074 O002100      908
074 P002100       53
<PAGE>      PAGE  98
074 Q002100        0
074 R012100        0
074 R022100        0
074 R032100        0
074 R042100       58
074 S002100        0
074 T002100    88942
074 U012100     9647
074 U022100        4
074 V012100     9.22
074 V022100     9.22
074 W002100   0.0000
074 X002100      360
074 Y002100        0
075 A002100        0
075 B002100    85246
076  002100     0.00
SIGNATURE   KATHY THREN                                  
TITLE       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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                       2226260058
<INVESTMENTS-AT-VALUE>                      2226260058
<RECEIVABLES>                                  2363270
<ASSETS-OTHER>                                   50559
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<OTHER-ITEMS-LIABILITIES>                     11661397
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    2217025243
<SHARES-COMMON-STOCK>                       1760885159
<SHARES-COMMON-PRIOR>                       1943026036
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<DIVIDEND-INCOME>                                    0
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<EXPENSES-NET>                                 4856708
<NET-INVESTMENT-INCOME>                       63951655
<REALIZED-GAINS-CURRENT>                        (3260)
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<NUMBER-OF-SHARES-REDEEMED>                 3135767474
<SHARES-REINVESTED>                            1870993
<NET-CHANGE-IN-ASSETS>                        72179701
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (9493)
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<GROSS-EXPENSE>                                6074840
<AVERAGE-NET-ASSETS>                        1887078000
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .38
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<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                       2226260058
<INVESTMENTS-AT-VALUE>                      2226260058
<RECEIVABLES>                                  2363270
<ASSETS-OTHER>                                   50559
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<TOTAL-ASSETS>                              2228673887
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     11661397
<TOTAL-LIABILITIES>                           11661397
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    2217025243
<SHARES-COMMON-STOCK>                        456140084
<SHARES-COMMON-PRIOR>                        346175648
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (12753)
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                       63951655
<REALIZED-GAINS-CURRENT>                        (3260)
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<NUMBER-OF-SHARES-REDEEMED>                  726827817
<SHARES-REINVESTED>                            6835999
<NET-CHANGE-IN-ASSETS>                        72179701
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (9493)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<GROSS-EXPENSE>                                6074840
<AVERAGE-NET-ASSETS>                         427078000
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<PER-SHARE-NII>                                    .03
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .48
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> GOVERNMENT MONEY MARKET FUND-INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                       1195317509
<INVESTMENTS-AT-VALUE>                      1195317509
<RECEIVABLES>                                   159040
<ASSETS-OTHER>                                       0
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<PAYABLE-FOR-SECURITIES>                             0
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<OTHER-ITEMS-LIABILITIES>                      5756095
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1189722328
<SHARES-COMMON-STOCK>                        992795924
<SHARES-COMMON-PRIOR>                        811663715
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1874)
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<NET-ASSETS>                                 992794433
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             29518288
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2176241
<NET-INVESTMENT-INCOME>                       27342047
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<EQUALIZATION>                                       0
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<SHARES-REINVESTED>                             124715
<NET-CHANGE-IN-ASSETS>                       218929071
<ACCUMULATED-NII-PRIOR>                         (1874)
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<GROSS-EXPENSE>                                2706190
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
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<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .39
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 022
   <NAME> GOVERNMENT MONEY MARKET FUND-RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                       1195317509
<INVESTMENTS-AT-VALUE>                      1195317509
<RECEIVABLES>                                   159040
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1195476549
<PAYABLE-FOR-SECURITIES>                             0
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<OTHER-ITEMS-LIABILITIES>                      5756095
<TOTAL-LIABILITIES>                            5756095
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1189722328
<SHARES-COMMON-STOCK>                        196926404
<SHARES-COMMON-PRIOR>                        159129542
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1874)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 196926021
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             29518288
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2176241
<NET-INVESTMENT-INCOME>                       27342047
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      4877693
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                      245963935
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<SHARES-REINVESTED>                             637711
<NET-CHANGE-IN-ASSETS>                       218929071
<ACCUMULATED-NII-PRIOR>                         (1874)
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
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<EXPENSE-RATIO>                                    .49
<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 MONEY MARKET FUND-INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        322477137
<INVESTMENTS-AT-VALUE>                       322477137
<RECEIVABLES>                                  1015262
<ASSETS-OTHER>                                    4847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               323497246
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1347167
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     322131708
<SHARES-COMMON-STOCK>                        316195776
<SHARES-COMMON-PRIOR>                        276313170
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          18371
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<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                        7072982
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                      664629312
<NUMBER-OF-SHARES-REDEEMED>                  624757084
<SHARES-REINVESTED>                              10378
<NET-CHANGE-IN-ASSETS>                        40142815
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        14193
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                           439874
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<GROSS-EXPENSE>                                 645571
<AVERAGE-NET-ASSETS>                         289029100
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 032
   <NAME> TREASURY MONEY MARKET FUND-RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        322477137
<INVESTMENTS-AT-VALUE>                       322477137
<RECEIVABLES>                                  1015262
<ASSETS-OTHER>                                    4847
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               323497246
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1347167
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     322131708
<SHARES-COMMON-STOCK>                          5935932
<SHARES-COMMON-PRIOR>                          5679901
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          18371
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              7645241
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<NET-INVESTMENT-INCOME>                        7072982
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<SHARES-REINVESTED>                             141402
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        14193
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
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<EXPENSE-RATIO>                                    .49
<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 MONEY MARKET FUND-INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        469219145
<INVESTMENTS-AT-VALUE>                       469219145
<RECEIVABLES>                                  2678997
<ASSETS-OTHER>                                    2682
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               471900824
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1594382
<TOTAL-LIABILITIES>                            1594382
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     470297472
<SHARES-COMMON-STOCK>                        393035732
<SHARES-COMMON-PRIOR>                        370669841
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8970
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              8291294
<OTHER-INCOME>                                  007421
<EXPENSES-NET>                                  707421
<NET-INVESTMENT-INCOME>                        7583873
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          7583873
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      6523776
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      375256846
<NUMBER-OF-SHARES-REDEEMED>                  352891462
<SHARES-REINVESTED>                                507
<NET-CHANGE-IN-ASSETS>                        27710356
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        11681
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           787226
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1157265
<AVERAGE-NET-ASSETS>                         395290185
<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>                                    .30
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 042
   <NAME> TAX-EXEMPT MONEY MARKET FUND-RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        469219145
<INVESTMENTS-AT-VALUE>                       469219145
<RECEIVABLES>                                  2678997
<ASSETS-OTHER>                                    2682
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               471900824
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1594382
<TOTAL-LIABILITIES>                            1594382
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     470297472
<SHARES-COMMON-STOCK>                         77261740
<SHARES-COMMON-PRIOR>                         71914564
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8970
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  77263678
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              8291294
<OTHER-INCOME>                                  007421
<EXPENSES-NET>                                  707421
<NET-INVESTMENT-INCOME>                        7583873
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          7583873
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1060097
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      159930318
<NUMBER-OF-SHARES-REDEEMED>                  155642975
<SHARES-REINVESTED>                            1059833
<NET-CHANGE-IN-ASSETS>                        27710356
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        11681
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           787226
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1157265
<AVERAGE-NET-ASSETS>                          73099943
<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>                                    .40
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        269413606
<INVESTMENTS-AT-VALUE>                       326108459
<RECEIVABLES>                                  1918626
<ASSETS-OTHER>                                    3406
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               328030491
<PAYABLE-FOR-SECURITIES>                      10294189
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       476590
<TOTAL-LIABILITIES>                           10770779
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     205957015
<SHARES-COMMON-STOCK>                         14249915
<SHARES-COMMON-PRIOR>                         13722856
<ACCUMULATED-NII-CURRENT>                      (96509)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       54751453
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      56647483
<NET-ASSETS>                                 308884226
<DIVIDEND-INCOME>                              1111702
<INTEREST-INCOME>                               331167
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1478443
<NET-INVESTMENT-INCOME>                        (35574)
<REALIZED-GAINS-CURRENT>                      37847181
<APPREC-INCREASE-CURRENT>                      5476833
<NET-CHANGE-FROM-OPS>                         43288440
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        76919
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1474680
<NUMBER-OF-SHARES-REDEEMED>                     949118
<SHARES-REINVESTED>                               1497
<NET-CHANGE-IN-ASSETS>                        54734221
<ACCUMULATED-NII-PRIOR>                          15984
<ACCUMULATED-GAINS-PRIOR>                     16904272
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1122775
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1478443
<AVERAGE-NET-ASSETS>                         306381177
<PER-SHARE-NAV-BEGIN>                            18.63
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           3.06
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.68
<EXPENSE-RATIO>                                    .98
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        269413606
<INVESTMENTS-AT-VALUE>                       326108459
<RECEIVABLES>                                  1918626
<ASSETS-OTHER>                                    3406
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               328030491
<PAYABLE-FOR-SECURITIES>                      10294189
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       476590
<TOTAL-LIABILITIES>                           10770779
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     205957015
<SHARES-COMMON-STOCK>                           385878
<SHARES-COMMON-PRIOR>                           371276
<ACCUMULATED-NII-CURRENT>                      (96509)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       54751453
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      56647783
<NET-ASSETS>                                   8375486
<DIVIDEND-INCOME>                              1111702
<INTEREST-INCOME>                               331167
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1478443
<NET-INVESTMENT-INCOME>                        (35574)
<REALIZED-GAINS-CURRENT>                      37847181
<APPREC-INCREASE-CURRENT>                      5476833
<NET-CHANGE-FROM-OPS>                         43288440
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        76919
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          28544
<NUMBER-OF-SHARES-REDEEMED>                      13942
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        54734221
<ACCUMULATED-NII-PRIOR>                          15984
<ACCUMULATED-GAINS-PRIOR>                     16904272
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1122775
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1478443
<AVERAGE-NET-ASSETS>                           8204927
<PER-SHARE-NAV-BEGIN>                            18.67
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           3.04
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.71
<EXPENSE-RATIO>                                   1.23
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 091
   <NAME> INTERMEDIATE BOND FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        146638967
<INVESTMENTS-AT-VALUE>                       148317879
<RECEIVABLES>                                  2423243
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                              3660
<TOTAL-ASSETS>                               150744782
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       849845
<TOTAL-LIABILITIES>                             849845
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     149016026
<SHARES-COMMON-STOCK>                         13856849
<SHARES-COMMON-PRIOR>                         11696026
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (800001)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1678912
<NET-ASSETS>                                 146366016
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              4386985
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  454017
<NET-INVESTMENT-INCOME>                        3932968
<REALIZED-GAINS-CURRENT>                        745915
<APPREC-INCREASE-CURRENT>                      1700554
<NET-CHANGE-FROM-OPS>                          2446469
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3830628
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        3622307
<NUMBER-OF-SHARES-REDEEMED>                    1525830
<SHARES-REINVESTED>                              63896
<NET-CHANGE-IN-ASSETS>                        24903995
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (1545919)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           371737
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 555400
<AVERAGE-NET-ASSETS>                         139767744
<PER-SHARE-NAV-BEGIN>                            10.37
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                            .19
<PER-SHARE-DIVIDEND>                             (.31)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.56
<EXPENSE-RATIO>                                    .66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 092
   <NAME> INTERMEDIATE BOND FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        146638967
<INVESTMENTS-AT-VALUE>                       148317879
<RECEIVABLES>                                  2423243
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                              3660
<TOTAL-ASSETS>                               150744782
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       849845
<TOTAL-LIABILITIES>                             849845
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     149016026
<SHARES-COMMON-STOCK>                           332451
<SHARES-COMMON-PRIOR>                           357016
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (800001)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1678912
<NET-ASSETS>                                   3528921
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              4386985
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  454017
<NET-INVESTMENT-INCOME>                        3932968
<REALIZED-GAINS-CURRENT>                        745915
<APPREC-INCREASE-CURRENT>                      1700554
<NET-CHANGE-FROM-OPS>                          2446469
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       102340
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                           6772
<NUMBER-OF-SHARES-REDEEMED>                      38749
<SHARES-REINVESTED>                               7412
<NET-CHANGE-IN-ASSETS>                        24903995
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (1545919)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 555400
<AVERAGE-NET-ASSETS>                           3430747
<PER-SHARE-NAV-BEGIN>                            10.42
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .19
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.61
<EXPENSE-RATIO>                                    .92
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        101965384
<INVESTMENTS-AT-VALUE>                       104890756
<RECEIVABLES>                                  2098133
<ASSETS-OTHER>                                     236
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               106989125
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       407561
<TOTAL-LIABILITIES>                             407561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     103460443
<SHARES-COMMON-STOCK>                          9265623
<SHARES-COMMON-PRIOR>                          8411463
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         195749
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       2925372
<NET-ASSETS>                                 102498373
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2399487
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  123111
<NET-INVESTMENT-INCOME>                        2276376
<REALIZED-GAINS-CURRENT>                        195745
<APPREC-INCREASE-CURRENT>                      1571480
<NET-CHANGE-FROM-OPS>                          1767225
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2191152
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        1423629
<NUMBER-OF-SHARES-REDEEMED>                     574086
<SHARES-REINVESTED>                               4617
<NET-CHANGE-IN-ASSETS>                        11680766
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            4
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 394414
<AVERAGE-NET-ASSETS>                          99827298
<PER-SHARE-NAV-BEGIN>                            10.86
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .20
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.06
<EXPENSE-RATIO>                                    .25
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        101965384
<INVESTMENTS-AT-VALUE>                       104890756
<RECEIVABLES>                                  2098133
<ASSETS-OTHER>                                     236
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               106989125
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       407561
<TOTAL-LIABILITIES>                             407561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     103460443
<SHARES-COMMON-STOCK>                           370420
<SHARES-COMMON-PRIOR>                           326554
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         195749
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       2925372
<NET-ASSETS>                                   4083191
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2399487
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<NET-INVESTMENT-INCOME>                        2276376
<REALIZED-GAINS-CURRENT>                        195745
<APPREC-INCREASE-CURRENT>                      1571480
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<DISTRIBUTIONS-OF-INCOME>                        85224
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<NUMBER-OF-SHARES-SOLD>                          70838
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<SHARES-REINVESTED>                               3409
<NET-CHANGE-IN-ASSETS>                        11680766
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            4
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 394414
<AVERAGE-NET-ASSETS>                           4031920
<PER-SHARE-NAV-BEGIN>                            10.82
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .20
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.02
<EXPENSE-RATIO>                                    .25
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        131512800
<INVESTMENTS-AT-VALUE>                       165017612
<RECEIVABLES>                                   684074
<ASSETS-OTHER>                                   11448
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<TOTAL-ASSETS>                               165713134
<PAYABLE-FOR-SECURITIES>                        809177
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                            1068685
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     123344265
<SHARES-COMMON-STOCK>                          9796353
<SHARES-COMMON-PRIOR>                          8547743
<ACCUMULATED-NII-CURRENT>                       567932
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        7227440
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      33504812
<NET-ASSETS>                                 163886921
<DIVIDEND-INCOME>                              2260101
<INTEREST-INCOME>                                67950
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  767693
<NET-INVESTMENT-INCOME>                        1560358
<REALIZED-GAINS-CURRENT>                       3723613
<APPREC-INCREASE-CURRENT>                     12654698
<NET-CHANGE-FROM-OPS>                         17938669
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1509736
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1617435
<NUMBER-OF-SHARES-REDEEMED>                     416518
<SHARES-REINVESTED>                              47693
<NET-CHANGE-IN-ASSETS>                        37104393
<ACCUMULATED-NII-PRIOR>                         521495
<ACCUMULATED-GAINS-PRIOR>                     20850114
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           555574
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 767693
<AVERAGE-NET-ASSETS>                         160012826
<PER-SHARE-NAV-BEGIN>                            14.87
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                           1.87
<PER-SHARE-DIVIDEND>                             (.17)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.73
<EXPENSE-RATIO>                                   1.02
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        131512800
<INVESTMENTS-AT-VALUE>                       165017612
<RECEIVABLES>                                   684074
<ASSETS-OTHER>                                   11448
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               165713134
<PAYABLE-FOR-SECURITIES>                        809177
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       259508
<TOTAL-LIABILITIES>                            1068685
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     123344265
<SHARES-COMMON-STOCK>                            45317
<SHARES-COMMON-PRIOR>                            27558
<ACCUMULATED-NII-CURRENT>                       567932
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        7227440
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      33504812
<NET-ASSETS>                                    757528
<DIVIDEND-INCOME>                              2260101
<INTEREST-INCOME>                                67950
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  767693
<NET-INVESTMENT-INCOME>                        1560358
<REALIZED-GAINS-CURRENT>                       3723613
<APPREC-INCREASE-CURRENT>                     12654698
<NET-CHANGE-FROM-OPS>                         17938669
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         4185
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          21484
<NUMBER-OF-SHARES-REDEEMED>                       3943
<SHARES-REINVESTED>                                218
<NET-CHANGE-IN-ASSETS>                        37104393
<ACCUMULATED-NII-PRIOR>                         521495
<ACCUMULATED-GAINS-PRIOR>                     20850114
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           555574
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 767693
<AVERAGE-NET-ASSETS>                            636998
<PER-SHARE-NAV-BEGIN>                            14.86
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                           1.87
<PER-SHARE-DIVIDEND>                             (.15)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.72
<EXPENSE-RATIO>                                   1.27
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 121
   <NAME> SMALL CAP VALUE FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        229864052
<INVESTMENTS-AT-VALUE>                       268834764
<RECEIVABLES>                                  5714201
<ASSETS-OTHER>                                   10970
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               274559935
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       577740
<TOTAL-LIABILITIES>                             577740
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     195502088
<SHARES-COMMON-STOCK>                         14811832
<SHARES-COMMON-PRIOR>                           430366
<ACCUMULATED-NII-CURRENT>                      1024069
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       38485326
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      38970712
<NET-ASSETS>                                 266351844
<DIVIDEND-INCOME>                              1517938
<INTEREST-INCOME>                               214458
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1221993
<NET-INVESTMENT-INCOME>                         510403
<REALIZED-GAINS-CURRENT>                      29043157
<APPREC-INCREASE-CURRENT>                     10007072
<NET-CHANGE-FROM-OPS>                         39560632
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2574613
<NUMBER-OF-SHARES-REDEEMED>                     920600
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        69742383
<ACCUMULATED-NII-PRIOR>                         513666
<ACCUMULATED-GAINS-PRIOR>                      9442169
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           935947
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1221993
<AVERAGE-NET-ASSETS>                         266379455
<PER-SHARE-NAV-BEGIN>                            15.15
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           2.80
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.98
<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> SMALL CAP VALUE FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        229864052
<INVESTMENTS-AT-VALUE>                       268834764
<RECEIVABLES>                                  5714201
<ASSETS-OTHER>                                   10970
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               274559935
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       577740
<TOTAL-LIABILITIES>                             577740
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     195502088
<SHARES-COMMON-STOCK>                         14811832
<SHARES-COMMON-PRIOR>                           430366
<ACCUMULATED-NII-CURRENT>                      1024069
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       38485326
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      38970712
<NET-ASSETS>                                   7630351
<DIVIDEND-INCOME>                              1517938
<INTEREST-INCOME>                               214458
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1221993
<NET-INVESTMENT-INCOME>                         510403
<REALIZED-GAINS-CURRENT>                      29043157
<APPREC-INCREASE-CURRENT>                     10007072
<NET-CHANGE-FROM-OPS>                         39560632
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         125854
<NUMBER-OF-SHARES-REDEEMED>                      25090
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        69742383
<ACCUMULATED-NII-PRIOR>                         513666
<ACCUMULATED-GAINS-PRIOR>                      9442169
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           935947
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1221993
<AVERAGE-NET-ASSETS>                           8019545
<PER-SHARE-NAV-BEGIN>                            14.95
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                           2.77
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.73
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         71647962
<INVESTMENTS-AT-VALUE>                        71841388
<RECEIVABLES>                                   951196
<ASSETS-OTHER>                                   12052
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                72804636
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       453969
<TOTAL-LIABILITIES>                             453969
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      72102172
<SHARES-COMMON-STOCK>                          6960679
<SHARES-COMMON-PRIOR>                          6111731
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          55069
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        193426
<NET-ASSETS>                                  69941133
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2083575
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   85562
<NET-INVESTMENT-INCOME>                        1998013
<REALIZED-GAINS-CURRENT>                         70482
<APPREC-INCREASE-CURRENT>                       324440
<NET-CHANGE-FROM-OPS>                           394922
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1933083
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2967686
<NUMBER-OF-SHARES-REDEEMED>                    2200724
<SHARES-REINVESTED>                              81986
<NET-CHANGE-IN-ASSETS>                         9269130
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      (15413)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           153491
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 239053
<AVERAGE-NET-ASSETS>                          73822738
<PER-SHARE-NAV-BEGIN>                             9.99
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                            .06
<PER-SHARE-DIVIDEND>                               .30
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.05
<EXPENSE-RATIO>                                    .25
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         71647962
<INVESTMENTS-AT-VALUE>                        71841388
<RECEIVABLES>                                   951196
<ASSETS-OTHER>                                   12052
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                72804636
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       453969
<TOTAL-LIABILITIES>                             453969
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      72102172
<SHARES-COMMON-STOCK>                           239404
<SHARES-COMMON-PRIOR>                           205025
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          55069
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        193426
<NET-ASSETS>                                   2409534
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2083575
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   85562
<NET-INVESTMENT-INCOME>                        1998013
<REALIZED-GAINS-CURRENT>                         70482
<APPREC-INCREASE-CURRENT>                       324440
<NET-CHANGE-FROM-OPS>                           394922
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        64938
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         143262
<NUMBER-OF-SHARES-REDEEMED>                     114174
<SHARES-REINVESTED>                               5291
<NET-CHANGE-IN-ASSETS>                         9269130
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      (15413)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           153491
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 239053
<AVERAGE-NET-ASSETS>                           2531533
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .06
<PER-SHARE-DIVIDEND>                               .29
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.06
<EXPENSE-RATIO>                                    .35
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        277141724
<INVESTMENTS-AT-VALUE>                       282018954
<RECEIVABLES>                                  3450298
<ASSETS-OTHER>                                   10479
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               285479731
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1670390
<TOTAL-LIABILITIES>                            1670390
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     280667931
<SHARES-COMMON-STOCK>                         27656267
<SHARES-COMMON-PRIOR>                         26203807
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1735820)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       4877230
<NET-ASSETS>                                 281525217
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              9295390
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  234246
<NET-INVESTMENT-INCOME>                        9061144
<REALIZED-GAINS-CURRENT>                       1474478
<APPREC-INCREASE-CURRENT>                      6192918
<NET-CHANGE-FROM-OPS>                          7667396
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      8990271
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3205987
<NUMBER-OF-SHARES-REDEEMED>                    2088483
<SHARES-REINVESTED>                             334956
<NET-CHANGE-IN-ASSETS>                        22395489
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (3210298)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           764139
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 998385
<AVERAGE-NET-ASSETS>                         274374918
<PER-SHARE-NAV-BEGIN>                             9.89
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                            .29
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.18
<EXPENSE-RATIO>                                    .17
<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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        277141724
<INVESTMENTS-AT-VALUE>                       282018954
<RECEIVABLES>                                  3450298
<ASSETS-OTHER>                                   10479
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               285479731
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1670390
<TOTAL-LIABILITIES>                            1670390
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     280667931
<SHARES-COMMON-STOCK>                           224440
<SHARES-COMMON-PRIOR>                           221051
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1735820)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       4877230
<NET-ASSETS>                                   2284124
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              9295390
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  234246
<NET-INVESTMENT-INCOME>                        9061144
<REALIZED-GAINS-CURRENT>                       1474478
<APPREC-INCREASE-CURRENT>                      6192918
<NET-CHANGE-FROM-OPS>                          7667396
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        70873
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            279
<NUMBER-OF-SHARES-REDEEMED>                       2726
<SHARES-REINVESTED>                               5836
<NET-CHANGE-IN-ASSETS>                        22395489
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (3210298)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           764139
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 998385
<AVERAGE-NET-ASSETS>                           2207098
<PER-SHARE-NAV-BEGIN>                             9.89
<PER-SHARE-NII>                                    .32
<PER-SHARE-GAIN-APPREC>                            .29
<PER-SHARE-DIVIDEND>                             (.32)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.18
<EXPENSE-RATIO>                                    .42
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 151
   <NAME> BOND FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         92442329
<INVESTMENTS-AT-VALUE>                        93777748
<RECEIVABLES>                                   903562
<ASSETS-OTHER>                                    4802
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                94686112
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1005498
<TOTAL-LIABILITIES>                            1005498
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      92439923
<SHARES-COMMON-STOCK>                          9195650
<SHARES-COMMON-PRIOR>                          9098961
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (94728)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1335419
<NET-ASSETS>                                  93639863
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3178907
<OTHER-INCOME>                                       0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 152
   <NAME> BOND FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
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</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-31-1998
<PERIOD-END>                               NOV-30-1997
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<INVESTMENTS-AT-VALUE>                        69702156
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<ACCUMULATED-NET-GAINS>                         706755
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</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-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         68670889
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 171
   <NAME> PENNSYLVANIA TAX EXEMPT MONEYMARKET
FUND-INSTITUTIONAL
CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        100725128
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 172
   <NAME> PENNSYLVANIA TAX EXEMPT MONEYMARKET FUND-RETAIL
CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
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</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-31-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 182
   <NAME> PENNSYLVANIA MUNICIPAL FUND - RETAIL CLASS
       
<S>                             <C>
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<EXPENSE-RATIO>                                    .93
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 191
   <NAME> CORE EQUITY FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       10485517
<NUMBER-OF-SHARES-REDEEMED>                        599
<SHARES-REINVESTED>                              22547
<NET-CHANGE-IN-ASSETS>                       105280958
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           258295
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 366736
<AVERAGE-NET-ASSETS>                         103580877
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.01
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 192
   <NAME> CORE EQUITY FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                        105141920
<INVESTMENTS-AT-VALUE>                       105212559
<RECEIVABLES>                                   318811
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               105531370
<PAYABLE-FOR-SECURITIES>                        164797
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        85615
<TOTAL-LIABILITIES>                             250412
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         80838
<SHARES-COMMON-STOCK>                             8186
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        70796
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (7877)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         70639
<NET-ASSETS>                                     81916
<DIVIDEND-INCOME>                               552890
<INTEREST-INCOME>                                10124
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  267614
<NET-INVESTMENT-INCOME>                         295400
<REALIZED-GAINS-CURRENT>                        (7877)
<APPREC-INCREASE-CURRENT>                        70639
<NET-CHANGE-FROM-OPS>                           358162
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          117
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           8174
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                 12
<NET-CHANGE-IN-ASSETS>                       105280958
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<AVERAGE-NET-ASSETS>                                 4
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                            .02
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.01
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 201
   <NAME> SMALL CAP GROWTH FUND-INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         30267852
<INVESTMENTS-AT-VALUE>                        31019264
<RECEIVABLES>                                    16521
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                31035785
<PAYABLE-FOR-SECURITIES>                        129389
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        58190
<TOTAL-LIABILITIES>                             187579
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      29941716
<SHARES-COMMON-STOCK>                          2944822
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        27088
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         118203
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        751412
<NET-ASSETS>                                  30838494
<DIVIDEND-INCOME>                                40407
<INTEREST-INCOME>                                70587
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   83906
<NET-INVESTMENT-INCOME>                          27088
<REALIZED-GAINS-CURRENT>                        118203
<APPREC-INCREASE-CURRENT>                       751412
<NET-CHANGE-FROM-OPS>                           896703
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2976326
<NUMBER-OF-SHARES-REDEEMED>                      31504
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        30848206
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            65670
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  92666
<AVERAGE-NET-ASSETS>                          30255393
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                            .46
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47
<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> 202
   <NAME> SMALL CAP GROWTH FUND-RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         30267852
<INVESTMENTS-AT-VALUE>                        31019264
<RECEIVABLES>                                    16521
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                31035785
<PAYABLE-FOR-SECURITIES>                        129389
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        58190
<TOTAL-LIABILITIES>                             187579
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          9787
<SHARES-COMMON-STOCK>                              928
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        27088
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         118203
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        751412
<NET-ASSETS>                                      9712
<DIVIDEND-INCOME>                                40407
<INTEREST-INCOME>                                70587
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   83906
<NET-INVESTMENT-INCOME>                          27088
<REALIZED-GAINS-CURRENT>                        118203
<APPREC-INCREASE-CURRENT>                       751412
<NET-CHANGE-FROM-OPS>                           896703
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            928
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        30848206
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            65670
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  92666
<AVERAGE-NET-ASSETS>                              7607
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                            .47
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 211
   <NAME> INTERNATIONAL EQUITY FUND - INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         94662344
<INVESTMENTS-AT-VALUE>                        89773084
<RECEIVABLES>                                   188260
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                89961344
<PAYABLE-FOR-SECURITIES>                        908499
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       111174
<TOTAL-LIABILITIES>                            1019673
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      95620207
<SHARES-COMMON-STOCK>                          9647135
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       209315
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1998391)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (4893347)
<NET-ASSETS>                                  88938021
<DIVIDEND-INCOME>                               364653
<INTEREST-INCOME>                               119694
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  275032
<NET-INVESTMENT-INCOME>                         209315
<REALIZED-GAINS-CURRENT>                     (1998391)
<APPREC-INCREASE-CURRENT>                    (4893347)
<NET-CHANGE-FROM-OPS>                        (6682423)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        9696682
<NUMBER-OF-SHARES-REDEEMED>                      49547
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        88941671
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           210300
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 353856
<AVERAGE-NET-ASSETS>                          85243443
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          (.80)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.22
<EXPENSE-RATIO>                                    .98
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778202
<NAME> ARMADA FUNDS
<SERIES>
   <NUMBER> 212
   <NAME> INTERNATIONAL EQUITY FUND - RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-END>                               NOV-30-1997
<INVESTMENTS-AT-COST>                         94662344
<INVESTMENTS-AT-VALUE>                        89773084
<RECEIVABLES>                                   188260
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                89961344
<PAYABLE-FOR-SECURITIES>                        908499
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       111174
<TOTAL-LIABILITIES>                            1019673
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          3887
<SHARES-COMMON-STOCK>                              396
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       209315
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1998391)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (4893347)
<NET-ASSETS>                                      3650
<DIVIDEND-INCOME>                               364653
<INTEREST-INCOME>                               119694
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  275032
<NET-INVESTMENT-INCOME>                         209315
<REALIZED-GAINS-CURRENT>                     (1998391)
<APPREC-INCREASE-CURRENT>                    (4893347)
<NET-CHANGE-FROM-OPS>                        (6682423)
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            396
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        88941671
<ACCUMULATED-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                              2557
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                          (.79)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.22
<EXPENSE-RATIO>                                   1.23
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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