Peanut Butter and Jelly Bread

2/3 cup granulated sugar
1/3 cup butter
3/4 cup chunky peanut butter
1 cup mashed banana
1 3/4 cups flour
2 eggs
2 teaspoons baking powder
1 teaspoon soda
1/2 teaspoon salt
3/4 cup strawberry preserves

Heat oven to 325 degrees F.

In a large bowl, combine all ingredients, except preserves. Beat at medium speed, scraping bowl often until well mixed, 2 to 3 minutes.

Spread half of the dough in greased bread pan. Spread preserves on dough, then spread remaining dough on top of preserves. Bake for 60 to 70 minutes.

Cool for 5 minutes; remove from pan. Cool completely before slicing. Makes one large loaf.