Step 1

Preheat the oven to 350ºF.

Step 2

In a medium bowl, stir together the sugar, milk, oil, egg and vanilla.

Step 3

In a separate bowl, combine the flour, baking powder and salt. Add the dry ingredients to the wet ingredients and stir until just combined.

Step 4

Fold the peaches gently into the batter.

Step 5

Pour the bread batter into a greased 9"x5" bread pan. Bake at 350ºF for 55-60 minutes. A toothpick inserted in the center of the bread should come out clean. Allow the bread to cool for 10 minutes, then remove the bread to a wire rack to cool completely.

Step 6

To make the glaze, combine the powdered sugar, melted butter, diced peaches and extract in a small bowl. Mix until it is smooth. Add heavy cream only if needed to get the glaze to a drizzle consistency.

Step 7

Once the bread is cool, spread the glaze on top of the bread. Slice and serve.

Step 8

Store the bread in an airtight container in the refrigerator.