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Preheat oven to 325°.
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Using a stand or hand mixer, cream butter and sugar until light and fluffy.
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Add eggs, one at a time, beating well after each addition.
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Add in bananas, eggnog and vanilla, until smooth.
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In another bowl, sift or whisk the flour, baking powder, baking soda, nutmeg, and salt.
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Gradually beat the flour into banana mixture by quarter cupfuls. Do not add too much at once or it will clump.
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Pour batter into a greased 9x5-in. loaf pan; sprinkle with remaining nutmeg.
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Bake 65-75 minutes or until a toothpick inserted in center comes out clean.
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Cool in pan 10 minutes before removing to a wire rack to cool.