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Preheat oven to 325 degrees F.
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Grease and flour two 9 1/2" x 5 1/2" loaf pans.
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Do not use a mixer with this recipe.
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Use a spoon or spatula and stir by hand.
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In medium mixing bowl, combine flour, baking powder, baking soda, and salt; mix well.
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In large mixing bowl, combine sugar, oil, beaten eggs, and coconut extract; mix well.
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Alternately add flour mixture and buttermilk to sugar mixture and stir only until moist.
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Stir in shredded coconut.
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Pour batter into the two prepared loaf pans, place on middle rack and bake for 1 hour.