JDeveloper, Java & XML :: Date Time Omits Time Part

When I try to extract the date tag value from XML data, the time stored in 20120602153021 format i.e., YYYYMMDD24HHMISS format. The following statement extracts only date as 02-JUN-12 however do not extract the time part.

If I try the same in SQLplus with to_date it works however fails in PL/SQL.

XML data:
<?xml version="1.0"?>
<RECORD>
<REGTIMESTAMP>20120601130010</REGTIMESTAMP>
</RECORD>

PL/SQL Extract:

CURSOR c_xml_record
IS
SELECT extract(value(d), '//ACTIVATIONTS/text()').getStringVal() AS REGTIMESTAMP,
FROM t_xml_data x,
[code].......