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Preheat oven to 375 degrees.
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Add 12 muffin liners to baking pan.
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In a large bowl, mix oats, flour, sugar, baking powder, baking soda, salt, cinnamon and nutmeg.
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In a smaller bowl, mix the egg, oil, vanilla and bananas.
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Add to dry ingredients and stir so everything is evenly mixed.
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Divide batter into muffin tins.
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Bake for 20 minutes or until a toothpick comes out clean.