1/4 cup butter, softened
1 (3-ounce) package cream cheese, softened
2 cups powdered sugar
3 tablespoons milk
1 teaspoon vanilla extract
1/4 cup chopped cherries (remaining cherries from recipe for Little Cherry Pound Cakes)
Beat butter and cream cheese at medium speed until creamy. Gradually add powdered sugar and milk; beat until smooth. Stir in vanilla and cherries.