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Hampton State Bank History

The Hampton State Bank is a locally owned and independent community bank. It is 100% owned and operated by the Davis family of Hampton, Iowa: Ivan and Janiece Davis and their children, Brad Davis and Lori Davis Cole. The Davis family has had an ownership interest in the bank since 1937 when Janiece’s father, Paul Borcherding of Latimer, purchased stock in the bank.

Ivan Davis and his wife Janiece are directors of the bank. Ivan and Janiece spend several months of the year at their winter home in Florida, but reside at their home in Hampton during the summer. Ivan has been involved in banking at Latimer State Bank in Latimer and at the Hampton State Bank since 1961.

Brad Davis has been with Hampton State Bank since 1980.  He served as President and CEO from 1995 to 2012 when Ron Raney was named President.  Brad was named Chairman in 2009 and continues as Chairman and CEO to the present. Brad and his wife Peggy reside in Hampton. Their four children have graduated from the Hampton-Dumont Community Schools: Kate-Class of 2002, Andrew-Class of 2005, Matthew-Class of 2005 and Michael-Class of 2006.

The Davis Family has many ties to the Hampton-Dumont Community School System. Ivan Davis was born in Hampton and graduated from HCHS in 1950. He was active in music and sports and served as his class vice-president. Ivan met Janiece at a basketball game where she was a cheerleader for Franklin Consolidated Schools in Latimer (which later became CAL). She is a 1951 graduate of Franklin Consolidated.

Brad Davis was also born in Hampton and graduated from HCHS with the Class of 1973. Brad participated in band, vocal, basketball, and golf. Brad was vice-president of student council, a member of the National Honor Society, and a member of the first ever debate team.

Lori Davis Cole is also an owner of the bank. She and her husband, Joe, live in Chicago with their two children, Ian and Anna. Lori graduated from HCHS with the Class of 1977. She participated in band, vocal, basketball, and track.

The Hampton State Bank and the Davis Family have deep roots in Hampton and Franklin County. It is the family’s desire to support the communities and school system by contributing volunteer time and financial support.  To demonstrate its commitment to Franklin County, in November 2005 the bank launched "Come Home to Franklin County®", a first-of-its-kind economic development initiative.  Hampton State Bank has loaned $1 million in low interest rate funding to alums from high schools located in Franklin County, who have moved away, but want to come home.  The bank committed an additional $1 million in 2010.  In 2007, the bank purchased and donated two new scoreboards for use in the H-D High School gymnasium.  The bank is pleased to provide scholarships to Hampton-Dumont and CAL School districts each year and pledges its support to the schools for many years to come.  

Contact Chairman and CEO, Brad Davis, for more information about Hampton State Bank.
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