Preheat oven to 350F. Grease a 9x5 loaf pan or 4 "3x5" mini loaf pans.
Keep the maraschino cherry liquid aside. Dry the cherries with a paper towel before chopping them. Rinse.
Chop dried cherries and combine with 1/4 cup flour. Ignore.
Mix the remaining 1 3/4 cups flour, sugar, and baking powder.
Whisk eggs, buttermilk, oil, extracts, and cherry liquid in a large bowl.
Fold together the liquid and dry ingredients. Cherry mixture.
Pour batter into a loaf pan or small loaf pans (approximately 3/4 cup each).
Bake for 60-70 minutes or 35 minutes for the little loaf, until a toothpick, comes out clean or with crumbs. To prevent over-browning, tent the loaf pan at 45 minutes and the tiny loaf pan at 20 minutes.
10 minutes in the pan before transferring to a wire rack.