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Heat oven to 350°F.
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Grease bottoms only of 4 loaf pans, 8-1/2 x 4-1/2 inches or 2 loaf pans, 9x5x3 inches.
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Another option is to trace the bottom of a loaf pan on parchment paper, cut out and place at the bottom of the loaf pan.
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When baking is complete, the bread will come clean from the pan and the parchment paper can be peeled off the bottom and discarded.
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Mix flour, baking powder, salt and baking soda until incorporated, set aside.
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Mix sugar and margarine in a large bowl.
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Stir in eggs.
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Add bananas, milk, vanilla extract and banana extract and stir until smooth.
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Stir in flour mixture, scrape sides of the bowl until moistened.
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Stir in nuts (optional).
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Bake loaves about 1 hour and 15 minutes or until toothpick comes out clean.
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Let cool for 5 minutes then, remove from the pans.
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Cool completely on wire rack.
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Bread can be stored tightly wrapped in the refrigerator for up to a week or can be frozen using freezer bags.