Step 1

Preheat oven to 350 degrees Fahrenheit. Grease a 9 by 9 square glass dish.

Step 2

In a small bowl, cream margarine and sugar until creamy. Mix egg replacer with water and mix well and add to sugar mix along with the vanilla. Add mashed bananas and mix well.

Step 3

In a medium bowl, mix flour, baking powder, baking soda, and salt. Add wet ingredients to dry ingredients and mix well. Divide batter in half.

Step 4

Add cocoa to one half of the batter and mix well until blended. Add that chocolate batter to the glass dish and smooth over. Sprinkle 1/2 cup of the chocolate chips and 1/2 cup of peanuts on top of the layer.

Step 5

Cover with the light banana batter and sprinkle with remaining chocolate chips and peants.

Step 6

Bake for 40 minutes or until toothpick comes out clean.