<PAGE>
PAGE 1
000 B000000 09/30/98
000 C000000 0000837351
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FIRST PACIFIC MUTUAL FUND INC.
001 B000000 811-05631
001 C000000 8089888088
002 A000000 2756 WOODLAWN DR. #6-201
002 B000000 HONOLULU
002 C000000 HI
002 D010000 96822
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 FIRST HAWAII MUNICIPAL BOND FUND
007 C030100 N
007 C010200 2
007 C020200 FIRST HAWAII INTERMEDIATE MUNICIPAL FUND
007 C030200 N
007 C010300 3
007 C020300 FIRST IDAHO TAX FREE FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIRST PACIFIC MANAGEMENT CORP
008 B00AA01 A
008 C00AA01 801-33016
008 D01AA01 HONOLULU
008 D02AA01 HI
008 D03AA01 96822
008 D04AA01 1856
010 A00AA01 FIRST PACIFIC RECORD KEEPING, INC.
010 B00AA01 84-5507
010 C01AA01 HONOLULU
010 C02AA01 HI
010 C03AA01 96822
010 C04AA01 1856
<PAGE>
PAGE 2
011 A00AA01 FIRST PACIFIC SECURITIES, INC.
011 B00AA01 8-40219
011 C01AA01 HONOLULU
011 C02AA01 HI
011 C03AA01 96822
011 C04AA01 1856
012 A00AA01 FIRST PACIFIC RECORDKEEPING
012 B00AA01 84-5507
012 C01AA01 HONOLULU
012 C02AA01 HI
012 C03AA01 96822
013 A00AA01 TAIT, WELLER AND BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
013 B04AA01 2108
014 A00AA01 FIRST PACIFIC SECURITIES
014 B00AA01 8-40219
015 A00AA01 UNION BANK OF CALIFORNIA
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
015 C03AA01 94111
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 3
019 C00AA00 FIRSTPACIF
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 CREWS AND ASSOCIATES
022 B000001 71-0522369
022 C000001 5104
022 D000001 1452
022 A000002 NUVEEN
022 B000002 36-2639476
022 C000002 1772
022 D000002 0
022 A000003 SMITH BARNEY
022 B000003 13-1912900
022 C000003 1491
022 D000003 0
<PAGE>
PAGE 3
022 A000004 MERRILL LYNCH
022 B000004 13-5674085
022 C000004 1188
022 D000004 0
022 A000005 DEAN WITTER
022 B000005 94-1671384
022 C000005 800
022 D000005 0
022 A000006 FIDELITY CAPITAL MARKETS
022 B000006 04-2653569
022 C000006 712
022 D000006 0
022 A000007 HAWAIIN CAPITAL SEC.
022 B000007 84-0503513
022 C000007 500
022 D000007 0
022 A000008 PAINE WEBBER
022 B000008 13-2638166
022 C000008 300
022 D000008 0
022 A000009 WEDBUSH MORGAN
022 B000009 45-2495390
022 C000009 266
022 D000009 0
022 A000010 BIGALOW AND COMPANY
022 B000010 84-1305681
022 C000010 25
022 D000010 0
023 C000000 12158
023 D000000 1452
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
034 00AA00 N
035 00AA00 0
<PAGE>
PAGE 4
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.500
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
<PAGE>
PAGE 5
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 1000
062 A00AA00 Y
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 100.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 Y
<PAGE>
PAGE 6
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 Y
077 Q010000 Y
078 000000 N
080 A00AA00 THEODORE LIFTMAN INSURANCE
080 C00AA00 525
081 A00AA00 Y
081 B00AA00 6
082 A00AA00 Y
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
<PAGE>
PAGE 7
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 2725
028 A020100 300
028 A030100 0
028 A040100 1896
028 B010100 1970
028 B020100 304
028 B030100 0
028 B040100 3496
028 C010100 1497
028 C020100 325
028 C030100 0
028 C040100 1791
028 D010100 1347
028 D020100 326
028 D030100 0
028 D040100 1339
028 E010100 1592
028 E020100 339
028 E030100 0
028 E040100 1400
028 F010100 1845
028 F020100 299
028 F030100 0
028 F040100 874
028 G010100 10976
028 G020100 1893
028 G030100 0
028 G040100 10796
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 N
053 C000100 N
063 A000100 0
063 B000100 17.2
064 A000100 Y
<PAGE>
PAGE 8
064 B000100 N
071 A000100 11359
071 B000100 7855
071 C000100 106922
071 D000100 7
072 A000100 12
072 B000100 6326
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 546
072 G000100 0
072 H000100 0
072 I000100 168
072 J000100 19
072 K000100 0
072 L000100 10
072 M000100 2
072 N000100 7
072 O000100 0
072 P000100 0
072 Q000100 44
072 R000100 9
072 S000100 4
072 T000100 130
072 U000100 0
072 V000100 0
072 W000100 30
072 X000100 969
072 Y000100 41
072 Z000100 5398
072AA000100 0
072BB000100 21
072CC010100 1311
072CC020100 0
072DD010100 5398
072DD020100 0
072EE000100 0
073 A010100 0.5500
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 2308
074 B000100 0
074 C000100 0
074 D000100 108505
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
<PAGE>
PAGE 9
074 J000100 0
074 K000100 0
074 L000100 0
074 M000100 1744
074 N000100 112557
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 211
074 S000100 0
074 T000100 112346
074 U010100 10007
074 U020100 0
074 V010100 11.23
074 V020100 0.00
074 W000100 0.0000
074 X000100 2719
074 Y000100 0
075 A000100 0
075 B000100 109218
076 000100 0.00
028 A010200 51
028 A020200 18
028 A030200 0
028 A040200 89
028 B010200 104
028 B020200 17
028 B030200 0
028 B040200 72
028 C010200 68
028 C020200 18
028 C030200 0
028 C040200 30
028 D010200 245
028 D020200 17
028 D030200 0
028 D040200 217
028 E010200 71
028 E020200 18
028 E030200 0
028 E040200 36
028 F010200 130
028 F020200 16
028 F030200 0
028 F040200 153
028 G010200 667
028 G020200 104
028 G030200 0
<PAGE>
PAGE 10
028 G040200 597
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
033 000200 0
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
063 A000200 0
063 B000200 4.7
064 A000200 Y
064 B000200 N
071 A000200 835
071 B000200 1385
071 C000200 5728
071 D000200 15
072 A000200 12
072 B000200 292
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 29
072 G000200 0
072 H000200 0
072 I000200 16
072 J000200 3
072 K000200 0
072 L000200 1
072 M000200 0
072 N000200 1
072 O000200 0
072 P000200 0
072 Q000200 22
072 R000200 2
072 S000200 2
072 T000200 2
072 U000200 0
072 V000200 0
072 W000200 8
072 X000200 86
072 Y000200 44
072 Z000200 250
072AA000200 0
072BB000200 7
<PAGE>
PAGE 11
072CC010200 30
072CC020200 0
072DD010200 250
072DD020200 0
072EE000200 0
073 A010200 0.2200
073 A020200 0.0000
073 B000200 0.0046
073 C000200 0.0000
074 A000200 110
074 B000200 0
074 C000200 0
074 D000200 5717
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 88
074 M000200 0
074 N000200 5915
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 4
074 S000200 0
074 T000200 5911
074 U010200 1141
074 U020200 0
074 V010200 5.18
074 V020200 0.00
074 W000200 0.0000
074 X000200 179
074 Y000200 0
075 A000200 0
075 B000200 5812
076 000200 0.00
028 A010300 26
028 A020300 2
028 A030300 0
028 A040300 10
028 B010300 0
028 B020300 2
028 B030300 0
028 B040300 2
028 C010300 5
<PAGE>
PAGE 12
028 C020300 2
028 C030300 0
028 C040300 3
028 D010300 40
028 D020300 2
028 D030300 0
028 D040300 0
028 E010300 0
028 E020300 2
028 E030300 0
028 E040300 0
028 F010300 37
028 F020300 3
028 F030300 0
028 F040300 0
028 G010300 109
028 G020300 14
028 G030300 0
028 G040300 15
028 H000300 106
029 000300 Y
030 A000300 5
030 B000300 2.75
030 C000300 0.00
031 A000300 1
031 B000300 0
032 000300 6
033 000300 0
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
063 A000300 0
063 B000300 14.0
064 A000300 Y
064 B000300 N
071 A000300 288
071 B000300 51
071 C000300 786
071 D000300 6
072 A000300 12
072 B000300 42
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 4
072 G000300 0
072 H000300 0
072 I000300 14
072 J000300 3
<PAGE>
PAGE 13
072 K000300 0
072 L000300 0
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 22
072 R000300 1
072 S000300 1
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 7
072 X000300 52
072 Y000300 51
072 Z000300 41
072AA000300 0
072BB000300 0
072CC010300 19
072CC020300 0
072DD010300 41
072DD020300 0
072EE000300 0
073 A010300 0.5200
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 39
074 B000300 0
074 C000300 0
074 D000300 897
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 18
074 M000300 0
074 N000300 954
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 2
074 S000300 0
074 T000300 952
074 U010300 90
<PAGE>
PAGE 14
074 U020300 0
074 V010300 10.62
074 V020300 0.00
074 W000300 0.0000
074 X000300 37
074 Y000300 0
075 A000300 0
075 B000300 822
076 000300 0.00
SIGNATURE NORA B. SIMPSON
TITLE ACCOUNTANT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837351
<NAME> FIRST PACIFIC FUNDS
<SERIES>
<NUMBER> 01
<NAME> FIRST HAWAII MUNICIPAL FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 101,650,585
<INVESTMENTS-AT-VALUE> 108,504,507
<RECEIVABLES> 1,744,274
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2,308,340
<TOTAL-ASSETS> 112,557,121
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 211,399
<TOTAL-LIABILITIES> 211,399
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 105,722,973
<SHARES-COMMON-STOCK> 10,007,268
<SHARES-COMMON-PRIOR> 9,586,282
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (231,173)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,853,922
<NET-ASSETS> 112,345,722
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,326,555
<OTHER-INCOME> 0
<EXPENSES-NET> 928,178
<NET-INVESTMENT-INCOME> 5,398,377
<REALIZED-GAINS-CURRENT> (21,415)
<APPREC-INCREASE-CURRENT> 1,310,803
<NET-CHANGE-FROM-OPS> 6,687,765
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,398,377)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,871,699
<NUMBER-OF-SHARES-REDEEMED> (1,786,284)
<SHARES-REINVESTED> 335,571
<NET-CHANGE-IN-ASSETS> 5,965,482
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (209,758)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 545,987
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 969,598
<AVERAGE-NET-ASSETS> 109,217,711
<PER-SHARE-NAV-BEGIN> 11.10
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> 0.13
<PER-SHARE-DIVIDEND> (0.55)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.23
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837351
<NAME> FIRST PACIFIC FUNDS
<SERIES>
<NUMBER> 02
<NAME> FIRST HAWAII INTERMEDIATE MUNICIPAL FUND
<MULTIPLIER> 1
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 5,527,125
<INVESTMENTS-AT-VALUE> 5,716,968
<RECEIVABLES> 88,547
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 109,777
<TOTAL-ASSETS> 5,915,292
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,845
<TOTAL-LIABILITIES> 3,845
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,715,578
<SHARES-COMMON-STOCK> 1,141,128
<SHARES-COMMON-PRIOR> 1,242,325
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,026
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 189,843
<NET-ASSETS> 5,911,447
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 291,830
<OTHER-INCOME> 0
<EXPENSES-NET> 42,273
<NET-INVESTMENT-INCOME> 249,557
<REALIZED-GAINS-CURRENT> 7,143
<APPREC-INCREASE-CURRENT> 30,165
<NET-CHANGE-FROM-OPS> 286,865
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (249,557)
<DISTRIBUTIONS-OF-GAINS> (5,389)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 282,264
<NUMBER-OF-SHARES-REDEEMED> (426,663)
<SHARES-REINVESTED> 43,202
<NET-CHANGE-IN-ASSETS> (490,345)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4,272
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29,058
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86,548
<AVERAGE-NET-ASSETS> 5,811,608
<PER-SHARE-NAV-BEGIN> 5.15
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> (0.22)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.18
<EXPENSE-RATIO> 0.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837351
<NAME> FIRST PACIFIC FUNDS
<SERIES>
<NUMBER> 03
<NAME> FIRST IDAHO TAX - FREE FUND
<MULTIPLIER> 1
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 865,368
<INVESTMENTS-AT-VALUE> 897,144
<RECEIVABLES> 17,700
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 38,946
<TOTAL-ASSETS> 953,790
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,623
<TOTAL-LIABILITIES> 1,623
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 920,668
<SHARES-COMMON-STOCK> 89,779
<SHARES-COMMON-PRIOR> 63,636
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (277)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31,776
<NET-ASSETS> 952,176
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 41,417
<OTHER-INCOME> 0
<EXPENSES-NET> 855
<NET-INVESTMENT-INCOME> 40,562
<REALIZED-GAINS-CURRENT> (277)
<APPREC-INCREASE-CURRENT> 19,179
<NET-CHANGE-FROM-OPS> 59,464
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (40,562)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,410
<NUMBER-OF-SHARES-REDEEMED> (6,827)
<SHARES-REINVESTED> 2,560
<NET-CHANGE-IN-ASSETS> 291,008
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,108
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 51,506
<AVERAGE-NET-ASSETS> 821,513
<PER-SHARE-NAV-BEGIN> 10.39
<PER-SHARE-NII> 0.52
<PER-SHARE-GAIN-APPREC> 0.23
<PER-SHARE-DIVIDEND> (0.52)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.62
<EXPENSE-RATIO> 0.11
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
We consent to the references to our firm in the Post-Effective Amendment to the
Registration Statement on Form N-1A of First Pacific Mutual Fund, Inc. and to
the use of our report dated November 6, 1998 on the financial statements and
financial highlights of First Hawaii Municipal Bond Fund, First Hawaii
Intermediate Municipal Fund, and First Idaho Tax-Free Fund, each a series of
shares of First Pacific Mutual Fund, Inc. Such financial statements and
financial highlights appear in the 1998 Annual Report to Shareholders which are
incorporated by reference in the Registration Statement and Prospectus.
TAIT, WELLER & BAKER
Philadelphia, Pennsylvania
November 13, 1998
