Combine flour, cereal, brown sugar, baking soda, cinnamon, salt & nutmeg.
In a separate bowl combine egg, milk, banana, stir until well combined. Mix this into the dry ingredients and stir until just combined. Stir in the 1/3 cup chopped nuts.
Cook on a hot, lightly greased griddle using about 1/4 cup batter per pancake.
Top with syrup, banana slices, and additional nuts, if desired.