Mix together the oil and the sugar. Add the eggs and beat well. Mix in the buttermilk and flavorings. Add flour, salt, soda and baking powder, and mix until well blended. Mix in 1 cup of flaked coconut. Mix.
Grease and prepare 2 small loaf pans. Bake at 325 degrees for 1 hour and five minutes. Cover with foil if bread starts to get too dark. Cool in pans for 10 minutes, while preparing the glaze.
Mix water, sugar and butter all together over medium heat, and boil mixture for about 4 to 5 minutes. Remove from heat and stir in the coconut extract. Pour glaze over warm bread. Leave in pan for a couple hours to cool completely. YUM!
Recipe by The Sisters Cafe at http://thesisterscafe.com/2015/01/glazed-coconut-bread