FMB FUNDS INC
NSAR-A, 1998-07-30
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<PAGE>      PAGE  1
000 A000000 05/31/98
000 C000000 0000879638
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 FMB FUNDS, INC.
001 B000000 811-6420
001 C000000 8004534234
002 A000000 680 EAST SWEDESFORD ROAD
002 B000000 WAYNE
002 C000000 PA
002 D010000 19087
002 D020000 1658
003  000000 N
004  000000 Y
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 FMB MONEY MARKET FUND
007 C030100 Y
007 C010200  2
007 C010300  3
007 C010400  4
007 C020400 FMB DIVERSIFIED EQUITY FUND
007 C030400 Y
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 DONALDSON, LUFKIN & JENRETTE
020 B000001 13-1898818
020 C000001     14
020 A000002 AG EDWARDS
020 B000002 43-0895478
020 C000002      2
020 A000003 NORTHERN TRUST
020 C000003      2
020 A000004 PERSHING
020 C000004      1
020 A000005 DLJ - FIXED
020 C000005      1
020 A000006 A.G. WILLIAMS
020 C000006      1
<PAGE>      PAGE  2
020 A000007 A.G. EDWARDS
020 C000007      1
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       22
022 A000001 DONALDSON, LUFKIN & JENRETTE
022 B000001 13-1898818
022 C000001   1456331
022 D000001      1078
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002    141742
022 D000002     18590
022 A000003 PERSHING
022 B000003 13-2741729
022 C000003     49933
022 D000003         0
022 A000004 HSBC
022 B000004 13-2650272
022 C000004     45099
022 D000004         0
022 A000005 NORWEST
022 B000005 41-1508325
022 C000005     37062
022 D000005      7749
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006     29289
022 D000006     14690
022 A000007 AMERICAN EXPRESS
022 C000007     14921
022 D000007      7969
022 A000008 DEERE & COMPANY
022 C000008     15370
022 D000008      7173
022 A000009 GENERAL ELECTRIC
022 C000009     14608
022 D000009      7671
022 A000010 PRUDENTIAL FUNDING CORPORATION
022 B000010 22-2231168
022 C000010     14097
022 D000010      7188
023 C000000    2004304
023 D000000      86618
077 A000000 N
078  000000 N
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<PAGE>      PAGE  3
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055 A000100 N
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<PAGE>      PAGE  4
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064 A000100 N
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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037  000400 N
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<PAGE>      PAGE  7
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072EE000400    13058
073 A010400   0.0320
073 A020400   0.0080
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<PAGE>      PAGE  8
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076  000400     0.00
SIGNATURE   CAROL ROONEY                                 
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000879638
<NAME> FMB FUNDS, INC.
<SERIES>
   <NUMBER> 010
   <NAME> MONEY MARKET FUND INSTITUTIONAL SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   4-MOS
<FISCAL-YEAR-END>                          NOV-30-1998
<PERIOD-START>                             DEC-01-1997
<PERIOD-END>                               MAR-29-1998
<INVESTMENTS-AT-COST>                           154626
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        143438
<SHARES-COMMON-STOCK>                           143438
<SHARES-COMMON-PRIOR>                           143436
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<EXPENSES-NET>                                   (383)
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<NET-CHANGE-FROM-OPS>                             2470
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000879638
<NAME> FMB FUNDS, INC.
<SERIES>
   <NUMBER> 011
   <NAME> MONEY MARKET FUND CONSUMER SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   4-MOS
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<PERIOD-START>                             DEC-01-1997
<PERIOD-END>                               MAR-29-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000879638
<NAME> FMB FUNDS, INC.
<SERIES>
   <NUMBER> 040
   <NAME> DIVERSIFIED EQUITY FUND INSTITUTIONAL SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   4-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000879638
<NAME> FMB FUNDS, INC.
<SERIES>
   <NUMBER> 041
   <NAME> DIVERSIFIED EQUITY FUND CONSUMER SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   4-MOS
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</TABLE>


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