preheat oven to 350°F

grease and flour 3 9-in round pans

cream butter with sugar, then add vanilla

add egg yolks and olive oil. beat until fluffy

in a separate bowl, combine sifted flour and baking soda

add dry ingredients to mixture a little at a time, alternating with the buttermilk 1/4 cup at a time

mix in coconut

in another bowl, beat egg whites until you have stiff peaks

gently fold in egg whites by making a figure 8 pattern

spoon batter evenly into the 3 pans

bake until light brown about 30 to 40 min

cream ingredients for icing: cream cheese, butter, buttermilk, vanilla, creme de cacao, and powdered sugar