Step 1

Preheat the oven to 350°F (180°C) and place the rack in the lower third of the oven. Grease an 8 ½ x 4 ½ inch (22x12 cm) loaf pan and line it with parchment paper

Step 2

Whisk flour, baking powder, and salt in a medium bowl.

Step 3

In a large bowl using an electric mixer on medium-high speed beat butter, cream cheese, and sugar until creamy, about 2-3 minutes.

Step 4

Add in egg and amaretto, beat for one minute.

Step 5

Using a rubber spatula or a wooden spoon fold in the dry ingredients until JUST combined. Do not overmix.

Step 6

Gently fold in cherries.

Step 7

Pour the batter into the prepared pan and bake for 55-70 minutes, or until a skewer comes clean out of the center. After 40 minutes cover the cake loosely with aluminum foil to prevent the top from getting too dark. Check toothpick test at 50 minutes mark.

Step 8

Let cool in the pan for 10 minutes, then gently lift the cake out of the pan and transfer to the cooling rack to cool completely.

Step 9

Sprinkle with powdered sugar before serving or make a glaze.

Step 10

In a small bowl combine all ingredients until smooth. Add more powdered sugar if you want a thicker glaze. Pour over cooled cake.