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<PAGE>
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<PAGE>
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SIGNATURE DANIEL SHEA
TITLE ASSISTANT TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> EQUITY MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
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<SHARES-COMMON-PRIOR> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17,274,623
<DIVIDEND-INCOME> 187,707
<INTEREST-INCOME> 14,567
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 202,274
<REALIZED-GAINS-CURRENT> 334,769
<APPREC-INCREASE-CURRENT> 1,679,410
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<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,642,240
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19,771
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89,260
<AVERAGE-NET-ASSETS> 15,816,963
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
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<PER-SHARE-DIVIDEND> 0
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<EXPENSE-RATIO> 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> BOND MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 14,890,357
<INVESTMENTS-AT-VALUE> 15,641,595
<RECEIVABLES> 226,087
<ASSETS-OTHER> 537,462
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16,405,144
<PAYABLE-FOR-SECURITIES> 0
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<TOTAL-LIABILITIES> 48,285
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16,356,859
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 16,356,859
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 558,266
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 558,266
<REALIZED-GAINS-CURRENT> 152,740
<APPREC-INCREASE-CURRENT> 139,686
<NET-CHANGE-FROM-OPS> 850,692
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 76,004
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 19,483
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 68,482
<AVERAGE-NET-ASSETS> 15,586,456
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from Excelsior
Institutional Trust Semi-Annual Report, dated 11/30/95 and is qualified in its
entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> SMALL CAP PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 15,633,021
<INVESTMENTS-AT-VALUE> 18,362,466
<RECEIVABLES> 130,988
<ASSETS-OTHER> 1,093,743
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,587,197
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,611
<TOTAL-LIABILITIES> 48,611
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,538,586
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 19,538,586
<DIVIDEND-INCOME> 125,706
<INTEREST-INCOME> 18,055
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 143,761
<REALIZED-GAINS-CURRENT> 325,042
<APPREC-INCREASE-CURRENT> 1,787,024
<NET-CHANGE-FROM-OPS> 2,255,827
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<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,883,891
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 57,669
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 110,346
<AVERAGE-NET-ASSETS> 17,744,267
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
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<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
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<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This document contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> BALANCED PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 77,514,513
<INVESTMENTS-AT-VALUE> 85,233,691
<RECEIVABLES> 942,111
<ASSETS-OTHER> 48,327
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 86,224,129
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 59,325
<TOTAL-LIABILITIES> 59,325
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86,164,804
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 86,164,804
<DIVIDEND-INCOME> 551,814
<INTEREST-INCOME> 1,429,146
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 1,980,960
<REALIZED-GAINS-CURRENT> 1,546,552
<APPREC-INCREASE-CURRENT> 2,679,969
<NET-CHANGE-FROM-OPS> 6,207,481
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<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 11,685,725
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 262,443
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 359,882
<AVERAGE-NET-ASSETS> 80,751,747
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> EQUITY GROWTH PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
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<INVESTMENTS-AT-VALUE> 58,784,844
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 60,316,056
<PAYABLE-FOR-SECURITIES> 767,085
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55,313
<TOTAL-LIABILITIES> 822,398
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 59,493,658
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 59,493,658
<DIVIDEND-INCOME> 424,663
<INTEREST-INCOME> 100,426
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 525,089
<REALIZED-GAINS-CURRENT> 1,148,351
<APPREC-INCREASE-CURRENT> 4,403,103
<NET-CHANGE-FROM-OPS> 6,076,543
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
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<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,140,844
<ACCUMULATED-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 185,941
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 267,348
<AVERAGE-NET-ASSETS> 57,212,647
<PER-SHARE-NAV-BEGIN> 0
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<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> VALUE EQUITY INCOME PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
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<NET-ASSETS> 17,613,927
<DIVIDEND-INCOME> 372,210
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<NET-INVESTMENT-INCOME> 411,841
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<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 128,232
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<INTEREST-EXPENSE> 0
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<PER-SHARE-NAV-BEGIN> 0
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<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> INCOME PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 32,116,654
<INVESTMENTS-AT-VALUE> 33,576,005
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<TOTAL-ASSETS> 34,919,159
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 52,697
<TOTAL-LIABILITIES> 52,697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34,866,462
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 34,866,462
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,241,646
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 1,241,646
<REALIZED-GAINS-CURRENT> 315,013
<APPREC-INCREASE-CURRENT> 208,524
<NET-CHANGE-FROM-OPS> 1,765,183
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,425,313
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 110,607
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 171,364
<AVERAGE-NET-ASSETS> 34,032,907
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> TOTAL RETURN BOND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 33,160,471
<INVESTMENTS-AT-VALUE> 34,776,405
<RECEIVABLES> 568,758
<ASSETS-OTHER> 359,404
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 35,704,567
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 52,637
<TOTAL-LIABILITIES> 52,637
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35,651,930
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 35,651,930
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,080,070
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 1,080,070
<REALIZED-GAINS-CURRENT> 417,809
<APPREC-INCREASE-CURRENT> 404,232
<NET-CHANGE-FROM-OPS> 1,902,111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 10,601,368
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 101,720
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 160,712
<AVERAGE-NET-ASSETS> 31,298,529
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 19,934,920
<INVESTMENTS-AT-VALUE> 22,878,668
<RECEIVABLES> 96,552
<ASSETS-OTHER> 30,639
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23,005,859
<PAYABLE-FOR-SECURITIES> 84,200
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87,569
<TOTAL-LIABILITIES> 171,769
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22,834,090
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 22,834,090
<DIVIDEND-INCOME> 149,542
<INTEREST-INCOME> 18,314
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 167,856
<REALIZED-GAINS-CURRENT> (320,094)
<APPREC-INCREASE-CURRENT> 1,684,588
<NET-CHANGE-FROM-OPS> 1,532,350
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,432,753
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 67,080
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 124,291
<AVERAGE-NET-ASSETS> 20,639,883
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Excelsior Institutional Trust Semi-Annual Report, dated 11/30/95 and is
qualified in its entirety by reference to such Semi-Annual Report.
</LEGEND>
<CIK> 0000926362
<NAME> INTERNATIONAL EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-1-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 15,238,771
<INVESTMENTS-AT-VALUE> 15,875,996
<RECEIVABLES> 97,823
<ASSETS-OTHER> 31,122
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16,004,941
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51,584
<TOTAL-LIABILITIES> 51,584
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,953,357
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 15,953,357
<DIVIDEND-INCOME> 112,348
<INTEREST-INCOME> 40,508
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 152,856
<REALIZED-GAINS-CURRENT> 181,603
<APPREC-INCREASE-CURRENT> (178,566)
<NET-CHANGE-FROM-OPS> 155,893
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,113,323
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 69,689
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 125,698
<AVERAGE-NET-ASSETS> 13,937,850
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
