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Preheat oven to 350°F (176°C).
In a large mixing bowl, combine the butter, light brown sugar, eggs and vanilla extract together using an electric hand mixer.
Next, add the self rising flour and mix to combine then add the mashed bananas and applesauce. Continue mixing until combined.
Stir in the chopped pecans.
Lightly spray a 9x5 loaf pan with non-stick cooking spray and use a rubber spatula to transfer the banana bread batter to the pan.
Sprinkle the top of the bread mixture with granola then bake for 1 hour until golden brown. (Cooks Note: I use a gas oven and it takes my loaf an hour. If you have a really hot oven then check the bread at 45 minutes.) Use a toothpick to test for doneness.
Use oven mitts to carefully transfer the hot loaf pan to a wire rack and allow to cool enough to handle. Once cooled turn the bread out onto a sheet of parchment placed on a wire rack and completely cool before slicing.