Banksias can be affected by several problems which all seem to end up with them looking the same as this so unfortunately I cannot accurately diagnose the problem.
Soaking the pots was correct but the damage may already have been done. Often they seem to look Ok for a week or 2 after the event.
1. Phosphate toxicity. If you have not fed your banksias much they will probably have developed proteoid roots which are designed to gather all traces of phosphate from poor soils. If you give them normal doses of fertiliser when there are proteoid roots they can overdose and die.

However you do need to feed all trees in pots, even natives. I have killed more natives by not fertilising than ever died from too much. If in doubt, use a low P fertiliser but most natives are quite happy with any normal fertiliser.
2. Dry. Even though we think of natives as able to cope with dry, in pots, very few really can. I've lost quite a few that got too dry, usually when I was frightened of repotting natives just in case they di not respond well. Banksia roots are very fine and grow fast. After just a single year the pot is so full of roots that it is almost impossible to water properly. I have also seen them come back after losing leaves from dry so don't throw them out until December just in case
3. Phytopthera. This is a fungal disease that affects the roots of many plants. Banksias are quite susceptible to it. WA species are even more susceptible. A root rot fungicide may help but if phytopthera is the problem it looks like it may be too late.
