Creating Old Fashioned Sweet Peach Bread is a simple process. Just follow these steps:

1. Preheat the Oven: Preheat your oven to 350°F (175°C). Grease and flour a 9×5-inch loaf pan.
2. Mix Dry Ingredients: In a large bowl, whisk together the flour, sugar, baking powder, baking soda, salt, cinnamon, and nutmeg until well combined.
3. Combine Wet Ingredients: In another bowl, beat the eggs, then add the vegetable oil and vanilla extract. Mix until smooth.
4. Combine Mixtures: Gradually add the wet ingredients to the dry ingredients, stirring gently until just combined. Be careful not to overmix.
5. Fold in Peaches: Gently fold in the diced peaches, and if using, add the chopped nuts and raisins.
6. Pour Batter: Pour the batter into the prepared loaf pan, smoothing the top with a spatula.
7. Bake: Place in the preheated oven and bake for 45-50 minutes, or until a toothpick inserted in the center comes out clean.
8. Cool: Remove from the oven and allow the bread to cool in the pan for about 15 minutes. Then, transfer it to a wire rack to cool completely.
9. Slice and Enjoy: Once cooled, slice the bread and serve as desired.