Banana Tree vs 29 Degrees

We finally had a temperature below 30 degrees and as usual, the Elephant Ears look pretty sad. The leaves are browning around the edges and drooping to the ground. Very sad for a plant that was standing tall with huge leaves just a couple of days ago. This is the first year for the Banana tree and it really hates the cold. The leaves folded down at the top of the stems loosing all of their ability to stand up. Next on the list is to cut it down and mulch it heavily with hopes that it will survive the winter and grow again next spring.