Slice the bananas into rounds, approximately 1/3 inch thick.
In a small bowl, combine the sugar, cinnamon, and nutmeg (if desired). Set aside.
Lightly spray a large skillet with nonstick oil spray. Warm over medium heat.
Add the banana rounds and sprinkle 1/2 of the cinnamon mixture on top.
Cook for about 2-3 minutes.
Flip the rounds, sprinkle with the remaining cinnamon mixture
Cook for 2-3 more minutes until the bananas are soft and warmed through.
Slightly overripe bananas work best. If your bananas are too overripe, they will still taste good but they will be mushy.
If they start to get too soft, they are done. Be careful to not overcook them!
The quality of the oil can affect how the banana rounds taste, so make sure yur oil is fresh and a good quality brand.
You can substitute granulated Splenda (or equivalent), however white sugar works best.
Note that this is not a actually a substitute recipe for the kind of bananas that are fried by immersing them in oil in a fryer. These are a just tasty way to do something a little different with your bananas by cooking them in a pan or skillet.