Does the pond have and outlet? If there is an outlet, what type is it, ie pipe, weir, oriface, etc. What type of storm event are you working with? Does the pond have a permanent pool volume, or does it drain dry? How big is the drainage area, and are you using a time of concentration? These are some of the things unknown to fully answer your questions.
However, if you want a very simple answer. Neglecting any of the information above. You would simple multiply the peak rate by the duration of the storm. This would give you the total runoff volume. Next you would need to compare the volume of your pond to this.
Lets say you have a squaure pond for simplistics. The bottom surface area is 200 sf. So if the pond is 4 feet deep, you have 800 cf of storage. If your runoff last for 2 hours, 2.3 cfs * 7,200 seconds = 16,560 cf. The pond would need to be bigger.
Without an outlet, ponds need to be very large. If you have and outlet, very simply you could assume a full capacity of the outlet. If you outlet had a full capacity of 1.5 cfs, then you could subtract the volume of outflow from the inflow. This would give you your storage volume, and then your height.
I would like to reiterate that this is very simple, as in addition to the questions I already asked, outlets perform differently as the headwater changes. As the water raises in your pond and the outlet, the capacity of the outlet will change. The change in rate over time for the outlet, runoff entering the pond, possible headwater, etc, make the calculations to get the true elevation complicated.
My suggestion, if you need the true elevation, is to download a free copy of HyrdoCad or other hydrology program. The demo copy will allow you to calculate the pond elevation fairly quickly.